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TPP Being Reconsidered by Trump Administration

first_imgHome Indiana Agriculture News TPP Being Reconsidered by Trump Administration By Gary Truitt – Sep 23, 2018 SHARE Previous articleEPA Releases RFS Waiver Information OnlineNext articleWest Central Indiana Farmer Impressed with Early Corn and Soybean Yields Gary Truitt Facebook Twitter SHARE One of the first things President Trump did upon taking office was walk away from the Trans Pacific Partnership trade deal. Now that approach may be reconsidered. The TPP trade deal would have given the U.S. farmers lower tariffs and great market access to all the nations in Asia and the South Pacific, but strong opposition by labor unions forced the administration to abandon the deal. Now, with the tariffs against China causing major problems for U.S. agriculture, Sec of Ag Sonny Perdue told reporters last week in Maine that rejoining TPP may be an idea worth considering, “I am going to suggest to the President that we regain our partners in the TPP and present a united front against China.” He gave  no indication when that conversation might take place.American Farm Bureau trade advisor Dave Salmonsen said re-entering the TPP would be good for agriculture, “Getting back involved with TPP, especially the Japanese market, would start to make up some of the losses we are having with China. We estimate that the Japanese component would increase U.S. Ag exports by $4 billion.”But, would the President reverse his decision on TPP? In April, Mr. Trump seemed to indicate it might be possible, “I don’t want to go back into TPP; but, if they offered us a deal that I can’t refuse on behalf of the United States, I would do it.”Undersecretary for Trade and Foreign Affairs Ted McKinney said, whether it is bilateral trade deals or multilateral deal like TPP, the important thing is to open new markets for US farmers, “It is two different pathways to get to the same place, and we will embrace that.”Salmonsen suggested that U.S. agriculture has become too dependent on China and needs to diversify and build demand with many different markets. Perdue stated that becoming so dependent on ag trade with China may have been a mistake, “It was a big market, it was easy, but perhaps it was a mistake to become more dependent on them than they are on us.” Facebook Twitter TPP Being Reconsidered by Trump Administrationlast_img read more

RSF expands its digital library against censorship to Belarus and Brazil

first_img RSF_en The event will be also broadcast live on Reporters Without Borders social media channels.  Online freedoms Internet Reporters Without Borders (RSF) is opening two new rooms in its Uncensored Library, a project launched a year ago to mark World Day Against Cyber Censorship on 12 March. The two rooms are dedicated to censored articles from Belarus and Brazil, making them available to the public. News Online freedoms Internet RSF’s Free Library is expanding. Launched a year ago, it gives the public to access censored articles via the computer game Minecraft. In countries where the Internet, blogs and the free press are restricted, the game is accessible to all and, through it, the RSF Free Library allows players anywhere in the world access to books containing articles that have been censored in their original countries. This digital library, which up to now has contained content from Saudi Arabia, Egypt, Mexico, Russia and Vietnam, has been extended to two new countries: Belarus and Brazil. The content can be read in English and in the writers’ native languages.“In Belarus and Brazil, it is becoming more and more difficult for citizens to obtain free access to information,” says RSF Secretary General Christophe Deloire. “Since the start of protests against electoral fraud in Belarus, the government has cracked down on the work of journalists. In Brazil, unjustified prosecutions of media organisation and the hostile attitude towards journalists encouraged at the highest levels have seriously affected press freedom. By making unpublished  articles in these countries available, RSF’s Free Library makes it possible for as many people as possible to access trustworthy information from a broad variety of sources once more.”Blocked content in Belarus, censorship in Brazil Organisation Help by sharing this information March 11, 2021 – Updated on March 12, 2021 RSF expands its digital library against censorship to Belarus and Brazil In Belarus, where television and most of the print media are firmly in the hands of the Lukashenko regime, only online news sites and overseas-based news organisations are able to disseminate  independent news and information, but their content is regularly censored by the authorities. RSF’s Free Library publishes articles from the independent website Charter 97, which has been blocked in Belarus since January 24th, 2018. The website documents the repression faced by journalists since the beginning of the protests against President Alexander Lukashenko’s contested re-election, in August 2020.Brazil is one of the most dangerous countries for journalists in Latin America. Since President Jair Bolsonaro was elected in 2018, reporters have faced hate speech, disinformation and violence. In its Uncensored Library, RSF publishes reports from the independent online newspapers Grupo Gente Nova (GGN) and The Intercept. The two news organisations have seen some of their articles censored by court rulings as they have highlighted the suspicious activities of Latin America’s largest investment bank BTG Pactual and exposed the murky relations between a politician and the election authority in the state of Amazonas.300 000 downloadsWith more than 126 million players per month, Minecraft is one of the most popular video games in the world. The Uncensored Library, devised by the German advertising agency DDB, has acquired a considerable reputation in the past year. Since its launch in March 2020, more than 20 million players from 165 countries have used it to learn more about press freedom around the world. The library is available on Minecraft via the server address visit.uncensoredlibrary.com and can be downloaded from the dedicated site www.uncensoredlibrary.com hosted on a separate server. Available on social networks via the hashtag #TruthFindsAWay, the library has been downloaded by more than 300,000 people, making censorship almost impossible.RSF is holding an online event to celebrate the inauguration of the new rooms. In addition to Blockworks founder James Delaney, we’ll be talking to journalists from Brazil about their experience of censorship and will take the opportunity to check out the rooms in Minecraft together. The event will take place at 4 p.m. on 12 March on the online platform BigBlueButton. You can sign up  here :last_img read more

Citizen Lab develops Internet initiative to shed light on RIM’s concessions to governments

first_img Receive email alerts News November 4, 2010 – Updated on January 20, 2016 Citizen Lab develops Internet initiative to shed light on RIM’s concessions to governments November 19, 2020 Find out more RSF_en News Forum on Information and Democracy 250 recommendations on how to stop “infodemics” Help by sharing this information On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia January 15, 2021 Find out more Newscenter_img November 11, 2020 Find out more to go further Organisation Reporters Without Borders welcomes a new website, Project RIM Check, that is intended to shed light on government surveillance of BlackBerry smartphone services that the BlackBerry’s Canadian manufacturer, Research in Motion (RIM), seems to have permitted in certain countries where its smartphones are used.Created by the University of Toronto’s famous Citizen Lab, a technology and human rights research centre, and SecDev Group, an Ottawa-based thinktank, the project is “inspired by a broad need to monitor the activities of private sector actors that own and operate cyberspace, particularly as they come under increasing pressure to cooperate with governments on national surveillance and censorship laws.Reporters Without Borders declares its support for this initiative, which is intended to generate information of interest to concerned BlackBerry users.Launched just as India has called off its threat to shut down BlackBerry services, this project is intended to establish “who has access to what” as a result of the concessions that RIM is believed to have made in response to demands from governments for more and more access to their citizens’ instant messaging, emails, texts and other electronic communications.India has reportedly reached a provisional agreement with RIM allowing it to intercept BlackBerry services. The deadline for reaching a definitive agreement is 31 January. So, for the time being, Blackberry services are not going to be suspended in India. But at what price?This is what Project RIM Check is intended to answer. The initiative is able to monitor BlackBerry data traffic and shed light on the data’s security. BlackBerry users are invited to go to the project’s website in order to provide Citizen Lab’s researchers with the details that will allow them to monitor traffic flow and identify where it exits the BlackBerry networkCiting the need to protect national security, various countries have of late been pressuring RIM to install servers within their territory in order to allow surveillance of BlackBerry communications. Reporters Without Borders has voiced concerned about these initiatives and the danger of facilitating government surveillance of dissidents. It has also asked RIM to be more transparent. CanadaAmericas News CanadaAmericas “We must impose democratic obligations on the leading digital players” Follow the news on Canadalast_img read more

LA Jazz Quartet Plays Jazz Vespers at All Saints Church

first_img Community News 9 recommended0 commentsShareShareTweetSharePin it More Cool Stuff Community News Your email address will not be published. Required fields are marked * 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. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Business News Herbeauty10 Female Celebs Women Love But Men Find UnattractiveHerbeautyHerbeautyHerbeauty10 Sea Salt Scrubs You Can Make YourselfHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty12 Most Breathtaking Trends In Fashion HistoryHerbeautyHerbeauty Sunday, October 21, 5:00 p.m. in the Church. All Saints kicks off its new year of Jazz Vespers with the LA Jazz Quartet, made up of saxophonist Chuck Manning, guitarist Larry Koonse, drummer Kendell Kay, and bassist Darek Oles.Child care is provided. Guests would like to use the elevator for accessibility, please arrive five minutes early. For more information contact Melissa Hayes at (626) 583-2725.All Saints Church, 132 N Euclid Ave  Pasadena, (626) 796-1172 or visit Â www.allsaints-pas.org EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDScenter_img Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Top of the News Subscribe Religious Music LA Jazz Quartet Plays Jazz Vespers at All Saints Church Article and Photo courtesy of All Saints Church, Pasadena Published on Wednesday, October 10, 2012 | 4:04 pm Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy First Heatwave Expected Next Week last_img read more

City Reports No Cases of Zika, West Nile, Chikungunya and Dengue fever, Urges Residents to Protect Against Mosquito Bites

first_img 5 recommended0 commentsShareShareTweetSharePin it First Heatwave Expected Next Week Community News 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. Make a comment Subscribe Community News Name (required)  Mail (required) (not be published)  Website  Herbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday center_img EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * Business News Public Safety City Reports No Cases of Zika, West Nile, Chikungunya and Dengue fever, Urges Residents to Protect Against Mosquito Bites Published on Tuesday, July 26, 2016 | 11:48 am Maximize your outdoor fun this summer by protecting yourself, your family and pets against mosquitoes. The Pasadena Public Health Department advises you to clean up, cover up and use bug repellant to help “fight the bite.”As of July 26, 2016, there have been no reported human cases of mosquito-borne diseases including Zika, West Nile, Chikungunya and Dengue fever in Pasadena this year.While that’s good news locally, California’s drought and residents’ travel plans outside of Pasadena can increase your chances of being bitten by a mosquito, and possibly contracting one of these diseases, if precautions are not taken.“There are some easy things you can to do to help prevent mosquito bites,” Pasadena Public Health Officer Dr. Ying-Ying Goh said. “Clean up habitats where mosquitoes can breed and grow; cover up by wearing long pants and long-sleeved shirts when weather permits, and use bug repellant.”Some mosquito eggs can survive without water and drought cycles of heat and intermittent moisture can actually spur mosquito breeding, said Dr. Goh, who offers the following tips and reminders.Around the home:• Eliminate all outdoor sources of standing water• Use a scrub brush and hot soapy water to clean unused, outdoor containers you intend to keep, such as tires, buckets and flower pots, that have had standing water in them; then turn over those unused containers to prevent new standing water from accumulating inside• Keep swimming pools clean and water circulating; keep filter equipment in good repair• Check for larvae in ornamental water sources and treat as necessary with “mosquito dunks” available from hardware stores• Change bird bath water every five (5) days• Keep ornamental & fish ponds stocked with mosquito fish; use a pump to keep water moving• Screen and cover rain barrelsAt home and when traveling:• Wear repellants containing DEET or oil of lemon eucalyptus• If possible, wear long-sleeved shirts and long pants when outdoors, as conditions permit• Regularly check yourself for bugs and bites if outdoors for long periods• Make sure your hotel or lodging has air conditioning and window screens• Check window screens for holes or tearsWest Nile, Chikungunya and Dengue are not contagious from person to person and are spread through mosquito bites. Although primarily transmitted by mosquitoes, Zika virus can be transmitted by sexual partners. Pregnant women or women who may become pregnant should take precautions against Zika infection because a Zika infection is now known to cause birth defects.The U.S. Centers for Disease Control & Prevention recommends pregnant women postpone travel to areas with ongoing Zika virus issues. If you return from an affected region and experience fever with joint pain or rash within two weeks following your return, contact your doctor immediately. For more on mosquito-borne diseases, visit www.cdc.gov/features/StopMosquitoes.Stay connected to the City of Pasadena! Visit the City of Pasadena online at  www.cityofpasadena.net; follow the city on Twitter @PasadenaGov, www.twitter.com/pasadenagov, and like the City on Facebook at www.facebook.com/cityofpasadena. Or call the Citizen Service Center, 8:00 a.m. to 5:00 p.m., Monday through Friday, at (626) 744-7311. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena More Cool Stuff Top of the News last_img read more

L.A. County Reaches 7,000 COVID-19 Fatalities, Surpasses 300,000 Cases

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Subscribe Community News L.A. County Reaches 7,000 COVID-19 Fatalities, Surpasses 300,000 Cases 13 New Infections Reported in Pasadena By BRIAN DAY Published on Monday, October 26, 2020 | 5:14 pm Top of the News Make a comment CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Name (required)  Mail (required) (not be published)  Website  More Cool Stuff Community News Los Angeles County reached the “tragic milestone” of 7,000 COVID-19 deaths on Monday, while total infections detected in the county surpassed 300,000, officials said.County public health officials reported 861 new infections and eight new deaths on Monday, which brought the county’s total infections since the onset of the pandemic to 300,614 and raised the death toll to 7,000.Thirteen new COVID-19 infections were detected in Pasadena on Monday, said city spokesperson Lisa Derderian. They were primarily among working-age people.With no fatalities reported in the city since Oct. 8, the virus had claimed 129 lives in Pasadena since March, according to city data. A total of 2,770 infections have been reported in the city.Huntington Hospital officials reported treating 18 COVID-19 patients Monday.L.A. County Director of Public Health Barbara Ferrer said Monday’s figures were sobering.“Today marks another tragic milestone as 7,000 L.A. County residents have passed away from COVID-19. We report these numbers each day understanding how many people across our community are grieving someone who has passed away from COVID-19. To all of you, we send our deepest sympathies,” she said.“This pandemic has forced so many to sacrifice so much this year, and we recognize the frustration and disappointment with restrictions on large gatherings, celebrations, and events,” according to Ferrer. “For now, it is simply not safe to celebrate the way we usually do. Being close to others not in our household, carries with it a lot of risk for transmitting COVID-19, so it remains necessary to modify activities to be as safe as possible.”While reporting figures have been staggered in recent days due to data reporting issues, health officials track the dates each patient was tested, the L.A. County Department of Public Health said in a written statement. The data shows a noticeable increase in viral transmission.“Since the beginning of October, cases have increased from around 940 new cases per day to, as of last week, almost 1,200 new cases per day,” according to the statement. “This increase, while not as steep as seen in July, is cause for concern.”Officials reported 767 patients hospitalized with COVID-19 throughout the county on Monday.center_img STAFF REPORT First Heatwave Expected Next Week 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. 15 recommended0 commentsShareShareTweetSharePin it Community News STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes HerbeautyA Woman Being Deceptive About Her Age Is Nothing New!HerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeauty Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Limerick restaurants to trial street tables as part of recovery plan

first_imgLinkedin Background photo created by evening_tao – www.freepik.comRESTAURANTS in Limerick city are to be allowed provide street tables as part of a proposed trial initiative by Limerick City and County Council to support local businesses as COVID-19 restrictions ease.Other measures planned include, a food trail to support ‘alfresco’ dining; drive-in gigs and movies; night-time markets; and street performances.Sign up for the weekly Limerick Post newsletter Sign Up The Council said it is to “embrace a range of Summer 2020 measures by transforming Limerick into a pop-up urban playground for citizens, allowing performance spaces and programming bespoke activities unique to Limerick”.“These will range from pedestrianising some of the city centre to facilitating hospitality and other retailers bring their businesses out on the streets and help them trade through the social distancing restrictions that will apply as they resume operations.”A similar plan is been mooted for local towns and villages.The measures will be introduced at:* Catherine Street* Denmark Street* Upper Denmark Street* Robert Street* Howley’s Quay* Nicholas StreetSome instances will involve removal of parking, local footpath widening, partial road closures and temporary traffic management, the Council stated.The programme is also being front-loaded by intensive street cleaning, with a number of streets already completed.A number of measures are also proposed to improve safety for cyclists with extensions to cycle paths and increasing cycle parking facilities.Other measures being considered to give businesses an edge, and to encourage the public back into the city centre, will include animations from 3D street art to creating giant games and pop-up street spectacle events.There are also plans to support the local entertainment industry by investigating using city boardwalks as street performance spaces.An advisory speed limit of 25kph in the core city centre will be introduced as proposed measures will be examined to make more pedestrian friendly changes and to provide space for local open-air events across Summer 2020.The proposed measures have been developed in conjunction with Limerick Chamber and other stakeholders and must meet and adapt to the public health guidelines. The National Transport Authority is also involved in the programme, and has committed funding to the proposals.A public consultation period of two weeks begins today [29 May 2020] until the 12 June 2020. Members of the public are being asked for their feedback and suggestions by emailing [email protected], which will then be fed back to the elected members and other stakeholders for review. TAGSbusinessNews RELATED ARTICLESMORE FROM AUTHOR TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! Twitter Limerick on Covid watch list Exercise With Oxygen Training at Ultimate Health Clinic Previous articleLimerick City and County Council to host biodiversity webinarNext articleLimerick School of Art and Design Graduate Showcase 2020 launches online David Raleigh Printcenter_img Email Limerick businesses urged to accept Irish Business Design Challenge WhatsApp Ann & Steve Talk Stuff | Episode 29 | Levelling Up Advertisement BusinessNewsLocal NewsLimerick restaurants to trial street tables as part of recovery planBy David Raleigh – June 1, 2020 1244 Facebook Shannon Airport braced for a devastating blowlast_img read more

US virus deaths surpass 450K; daily toll is stubbornly high

first_img Pinterest Twitter WhatsApp Facebook US virus deaths surpass 450K; daily toll is stubbornly high Local NewsUS News TAGS  Twittercenter_img Pinterest By Digital AIM Web Support – February 4, 2021 FILE – In this Dec. 27, 2020, file photo, registered nurse Leslie Clark, left, collects a nasal swab sample from a woman who declined to give her name at a COVID-19 testing site in Los Angeles. Coronavirus hospitalizations are falling across the United States, but deaths have remained stubbornly high. Previous articleCONCACAF Champions League expanding from 16 teams to 50Next articleOAT020321_OC_Golf_JF_01 Digital AIM Web Support Facebook WhatsApplast_img read more

BNY Mellon Cautions U.S. Supreme Court on RMBS Decision

first_img in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago  Print This Post Sign up for DS News Daily Share Save The Best Markets For Residential Property Investors 2 days ago BNY Mellon Lawsuits Mortgage-Backed Securities U.S. Supreme Court 2015-11-24 Brian Honea BNY Mellon Cautions U.S. Supreme Court on RMBS Decision Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: DS News Webcast: Tuesday 11/24/2015 Next: What is the Cost of Delaying the Foreclosure Process? Demand Propels Home Prices Upward 2 days ago Subscribe Related Articles November 24, 2015 1,241 Views center_img The Week Ahead: Nearing the Forbearance Exit 2 days ago 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. Data Provider Black Knight to Acquire Top of Mind 2 days ago Bank of New York Mellon has issued a warning to the U.S. Supreme Court predicting disaster for the residential mortgage-backed securities market if the nation’s highest court overturns a Second Circuit Court ruling that the bank was not liable for losses incurred by investors as a result of defective securities, according to a report from Law360.In a filing earlier in November, BNY Mellon asked the Supreme Court not to review a decision by the Second Circuit Court of Appeals from December 2014 which found that the mortgage-backed securities in question were not protected under the 1939 Trust Indenture Act (TIA). A group of union pension funds led by the Retirement Board of the Policemen’s Annuity and Benefit Fund of the City of Chicago asked the Second Circuit court to reverse that decision in September 2015, which overturned a district court’s decision that permitted the pension fund to sue BNY Mellon for failing to perform its duties as a trustee on 26 trusts with about $30 billion in balances.The trusts in question contain pools of mortgages serviced by Countrywide Financial, which was acquired by Bank of America in 2008 and has since cost that bank billions of dollars in legal fees and settlements regarding its RMBS practices.The pension funds’ lawsuit suit claims that BNY Mellon failed in its duties as trustee with the securities because it did not intervene when Countrywide failed to perform its duties as servicer, which include reviewing loan files, repurchasing bad loans, or transferring mortgage notes to BNY Mellon. The suit alleges that BNY Mellon was negligent in its duties because it did not ensure that Countrywide performed those duties.A district judge ruled in 2012 that the pension funds would be allowed to bring claims on 26 out of 530 trusts held by BNY Mellon which amounted to an original principal balance of approximately $424 billion. Two years later, that decision was later overturned by the Second Circuit Court of Appeals.The pension funds allege that reversing the Second Circuit Court’s decision and allowing them to sue the bank would improve the RMBS market by improving trustee oversight of the bonds, which would lift the confidence of investors. BNY Mellon disputed that claim in its brief filed with the Supreme Court earlier this month, saying that reversing that decision would force the bank to rewrite contracts worth “trillions” that were believed to be exempt from the TIA at the time they were created. BNY Mellon said in its brief that “[N]othing could be more unsettling to investors than a ruling that, many years after the fact, retroactively changed the terms of contracts governing trillions of dollars worth of investments.” Home / Daily Dose / BNY Mellon Cautions U.S. Supreme Court on RMBS Decision Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: BNY Mellon Lawsuits Mortgage-Backed Securities U.S. Supreme Court Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Government needs to consider slowly reopening schools – WHO

first_img Google+ Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA The government needs to consider slowly reopening schools, according to a member of the World Health Organisation.There are now over 24,200 confirmed cases of coronavirus here and 1,561 people have died.There are currently 477 confirmed cases in Donegal.Children aren’t expected back at school until September because of the pandemic.But Dr David Nabarro, special envoy on Covid 19 for the World health organisation, believes it’s time to gradually send children back to school.Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/05/viruslSDFSDFSDead9am.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Government needs to consider slowly reopening schools – WHO News, Sport and Obituaries on Monday May 24th Google+ Pinterest Facebook WhatsApp Twitter AudioHomepage BannerNewscenter_img WhatsApp Twitter Previous articleLittering of disposable gloves & wipes on the increase in DonegalNext articleLocal bus company warn of different future back on the road News Highland RELATED ARTICLESMORE FROM AUTHOR DL Debate – 24/05/21 Important message for people attending LUH’s INR clinic By News Highland – May 20, 2020 Arranmore progress and potential flagged as population grows Facebook Nine til Noon Show – Listen back to Monday’s Programmelast_img read more