Bangladesh convicts 5 for murder of Saudi envoy

first_img Construction begins on Chandler hospital expansion project Tribunal Judge Mohammad Motahar Hossain handed down the verdict Sunday, chief prosecutor Rafiqul Islam said. One of the men was tried in his absence, Islam said.He said the men can appeal the verdict.Iran has been accused of other international attacks or attempted attacks against diplomats, including Saudis. Days after the shooting, Saudi Arabia sent investigators to assist Bangladeshi detectives.The defendants pleaded not guilty at the trial. After their arrest in July, the four men told investigators they tried to rob the diplomat as he was going for a walk on the deserted street and shot him accidentally during a scuffle.Police said the men were arrested after a revolver and a car used in the killing were found in their possession.Muslim-majority Bangladesh enjoys good relations with Saudi Arabia, which is a top destination for Bangladeshi migrant workers.Relations between the countries were tested in October last year, when Saudi Arabia beheaded eight Bangladeshi workers who were found guilty of robbing and killing an Egyptian.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Bottoms up! Enjoy a cold one for International Beer Day Comments   Share   Top Stories How Arizona is preparing the leader of the next generation Sponsored Stories center_img Arizona families, Arizona farms: working to produce high-quality milk 5 greatest Kentucky Derby finishes Associated PressDHAKA, Bangladesh (AP) – A special tribunal sentenced to death five Bangladeshi men for killing a Saudi diplomat in an apparent street crime earlier this year.Initial speculation about the shooting had focused on Iran, which denied the accusations. The suspects told investigators they were trying to rob the diplomat and shot him accidentally.Khalaf bin Mohammed Salem al-Ali, a 45-year-old official in the Saudi Embassy’s consular section, was killed near his home in Dhaka in March. Former Arizona Rep. Don Shooter shows health improvement Mary Coyle ice cream to reopen in central Phoenixlast_img read more

Russian opposition leader joins Moscow mayor race

first_imgIncumbent mayor and Kremlin candidate Sergei Sobyanin surprised his opponents by moving the vote forward two years. He is expected to win handily.Navalny became the face of the movement against Putin after publishing a series of staggering corruption exposes. He faces up to 10 years in jail in six separate criminal cases that he says were fabricated on Putin’s orders.(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Former Arizona Rep. Don Shooter shows health improvement Top Stories Comments   Share   4 must play golf courses in Arizona New Valley school lets students pick career-path academies Milstead says best way to stop wrong-way incidents is driving sobercenter_img Sponsored Stories Get a lawn your neighbor will be jealous of Ex-FBI agent details raid on Phoenix body donation facility Top holiday drink recipes MOSCOW (AP) – Russia’s leading opposition figure is fighting the Kremlin’s handpicked choice for mayor of Moscow despite being on trial in a case he says is politically motivated.Anti-corruption activist Alexey Navalny launched his campaign for elections to be held in early September with a promise Monday to “destroy” President Vladimir Putin’s allies and “make life better” in Russia’s capital.last_img read more

Cyprus official Ammonium nitrate cache under surveillance

first_img New Valley school lets students pick career-path academies A security official told the AP that the suspect arrived in Cyprus on May 21st and that authorities are also searching for the man who owns the home, in connection with the case.The official spoke on condition of anonymity because Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. 5 things to look for when selecting an ophthalmologist Former Arizona Rep. Don Shooter shows health improvement Top Stories Comments   Share   Milstead says best way to stop wrong-way incidents is driving sober Ex-FBI agent details raid on Phoenix body donation facility Quick workouts for men A riot police officer stands guard outside of the house, left, which was discovered to contain two tons of a chemical compound in southern costal city of Larnaca, Cyprus, on Saturday, May 30, 2015. A Cyprus court has ordered a 26-year-old Lebanese-Canadian man to remain in police custody for eight days after two tons of a chemical compound that can be turned into an explosive was discovered at his home. (AP Photo/Petros Karadjias) Sponsored Stories NICOSIA, Cyprus (AP) — A home in Cyprus where police seized five tons of a chemical compound that can be turned into an explosive had been kept under surveillance for some time before officers moved in, a government official said Wednesday.Authorities put the Larnaca home in their sights after being tipped off, Justice Minister Ionas Nicolaou told The Associated Press, without revealing the source.Police are holding a 26-year-old Lebanese-Canadian man in connection with the seizure. He faces charges of conspiracy to commit a criminal offense and possession and transportation of explosives. Clean energy: Why it matters for Arizonalast_img read more

Niger 18 migrants found dead in Sahara desert

first_imgNIAMEY, Niger (AP) — The bodies of 18 migrants who likely died of dehydration have been found in the Sahara desert in northern Niger, the International Organization for Migration said Sunday.The migrants, most of whom came from West African countries, are believed to have died on June 3 after a sandstorm threw them off their route from the northern town of Arlit to Algeria, said Giuseppe Loprete, the IOM’s chief of mission in Niger. Men’s health affects baby’s health too 0 Comments   Share   Ex-FBI agent details raid on Phoenix body donation facility Milstead says best way to stop wrong-way incidents is driving sober Top Stories Here’s how to repair and patch damaged drywallcenter_img Sponsored Stories New Valley school lets students pick career-path academies They were part of a wave of migrants trying to reach Libya to board smugglers’ boats across the Mediterranean Sea into Europe.“This tragedy highlights a feared but hitherto little-known danger too many migrants face long before they risk their lives at sea,” said William Lacy Swing, the IOM’s director general.“The Sahara may be as deadly as the Mediterranean for this wave. All too tragically many of these deaths go unreported,” Lacy added.The dead included 17 men and one woman. They came from Niger, Mali, Ivory Coast, Senegal, Central African Republic, Liberia, Guinea and Algeria.The route through northern Niger is heavily trafficked. In October 2013, Niger authorities recovered 92 bodies of migrants who died of thirst after the trucks they were traveling in broke down.The IOM estimates that 1,865 people died this year through mid-June trying to cross the Mediterranean.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Get a lawn your neighbor will be jealous of How do cataracts affect your vision?last_img read more

Doctors warn against dangers of skinny jeans Dont squat

first_img___Online: http://jnnp.bmj.com/lookup/doi/10.1136/jnnp-2015-310628 Arizona families, Arizona farms: working to produce high-quality milk LONDON (AP) — Attention wearers of skinny jeans: don’t squat — at least not for long.Doctors in Australia report that a 35-year-old woman was hospitalized for four days after experiencing muscle damage, swelling, and nerve blockages in her legs after squatting for several hours while wearing tight-fitting denims.“We were surprised that this patient had such severe damage to her nerves and muscles,” said Dr. Thomas Kimber of the Royal Adelaide Hospital in Australia, in an email. Milstead says best way to stop wrong-way incidents is driving sober 5 people who need to visit the Ultrastar Multi-tainment Center How do cataracts affect your vision? Top Stories FILE – In this Sunday, Sept. 16, 2012 file photo, a model walks past a window with a view of St Paul’s Cathedral during the presentation of the Matthew Williamson Spring/Summer 2013 collection at London Fashion Week. Doctors in Australia report that a 35-year-old woman was hospitalized for four days after experiencing muscle damage, swelling, and nerve blockages in her legs after squatting for several hours while wearing tight-fitting denims. (AP Photo/Alastair Grant, File) Ex-FBI agent details raid on Phoenix body donation facility Here’s how to repair and patch damaged drywall Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Sponsored Stories New Valley school lets students pick career-path academies The patient, who was not identified, spent most of the previous day helping someone move, squatting for long periods while emptying cupboards. Clad in skinny jeans, the woman said they felt increasingly tight and her feet were numb as she walked home, making her trip and fall. Unable to get up, she spent several hours stranded outside before getting to the hospital. Kimber and colleagues published a report about the case online Monday in the Journal of Neurology, Neurosurgery and Psychiatry.Kimber said tight jeans have previously been reported to cause nerve lesions in the groin but not the kind of nerve problems in the lower leg and severe muscle damage they saw. He said squatting compressed the nerves in the lower leg, reducing the blood supply to the calf muscles and that the skinny jeans worsened the problem.After being treated for four days — and having her jeans cut off — the woman still had some weakness in her legs but walked out of the hospital and later recovered fully. Kimber doesn’t know if the woman still wears skinny jeans but warned her against the dangers of squatting in them.“I think it’s the non-stretchy nature of jeans that might be the problem,” Kimber said, noting that tight pants with more elasticity wouldn’t be as dangerous since they wouldn’t squeeze nerves and muscles. He doesn’t wear skinny jeans himself, but not because of the medical risks: “I’m too old to get away with them!” Comments   Share   last_img read more

World Travel Awards European nominees unveiled

first_imgSource = World Travel Awards <a href=”http://www.etbtravelnews.global/click/2ae74/” target=”_blank”><img src=”http://adsvr.travelads.biz/www/delivery/avw.php?zoneid=10&amp;cb=INSERT_RANDOM_NUMBER_HERE&amp;n=a5c63036″ border=”0″ alt=””></a> Race to be the Best The World Travel Awards Europe Gala Ceremony is taking place in October – but the fight is just beginning to make it on to the coveted winners’ platform. Described as the ultimate achievement for any European company, more than 1,000 travel brands are competing to be the best. Voting has opened and nominees are now campaigning hard with agents and industry executives to win support. Regional winners will go forward to compete in the World Travel Awards 2010 Grand Final in London, when they will be up against some of the finest travel operators in the world, consistently demonstrating excellence in every aspect of their business. World Travel Awards, now in its 17th year, is a major driver of supreme quality standards within the global travel and tourism industry, encouraging excellence in everything from product innovation, creativity and staff training to customer service and overall performanceThe European nominees are among 5,000 nominated companies, spread across more than 1,000 categories, including airlines, cruise companies, destinations, resorts and hotels in over 160 countries. Graham E. Cooke, Founder and President, World Travel Awards, said: “We have been overwhelmed with the tremendous response to self nominations this year, which have grown a phenomenal 50 per cent on 2009.” “Europe in particular is always highly contested. After a rigorous selection procedure, successful nominees must now continue to demonstrate what exactly it is that sets them apart from the rest. “Nominees will now focus on a hard-fought campaign, canvassing industry professionals for their support. Success at World Travel Awards is proven to bring considerable honours, prestige and significant commercial benefits so let battle commence!!” Europcar, Adam & Eve Hotels, Carlson Wagonlit Travel and Virgin Atlantic Airways were amongst companies who triumphed during the World Travel Awards European regional ceremony last year. In the Europe categories, Lufthansa won the award for Europe’s Leading Airline and Marriott Hotels Resorts & Suites took the coveted title of Europe’s Leading Hotel Brand. Meanwhile Europe’s Leading Destination went to Lisbon, Portugal. Carlson Wagonlit Travel was also successful, presented with Europe’s Leading Travel Management Company while Viajes Iberia won the title of Europe’s Leading Travel Agency. Virgin Atlantic Airways won Europe’s Leading Marketing Campaign for their ’25 Years Still Red Hot’ campaign. A number of national category awards were also presented throughout the evening.Winners of this years Europe Ceremony will be announced at the the Rixos Premium Belek, located in Antalya, Turkey – the pearl of the Mediterranean on Friday 1 October. The exclusive-all Inclusive luxury beach resort guarantees the very highest standards and has resulted in the resort being nominated for Europe’s Leading Resort, Turkey’s Leading Beach Resort and Leading Hotel in this year’s World Travel Awards.last_img read more

Travel Counsellors Australia Announces New General Manager

first_imgSamantha Hutton Travel Counsellors announces that Samantha Hutton will be appointed as General Manager of Travel Counsellors Australia, having previously worked in the industry here and abroad. Chairman David Speakman comments: “We are delighted to welcome Samantha to Travel Counsellors. She shares our values and believes in our mission to build the best travel agency in Australia. Her energy in helping us to recruit more agents and our expertise and support in empowering the agents to build lasting relationships with their customers will enable us to establish a clear leading position in the Australian market.” Hutton takes over from Travel Counsellors Ireland General Manager Cathy Burke, who has been running the business since May 2010 and will return to her role in Ireland in early 2011. The company, which operates in six countries and supports 1,200 full time travel agents worldwide, has seen global sales increase by 30%.  In its last financial year ending 31 October 2010, Travel Counsellors has achieved total group sales of over AUD $500 million, with the Australia operation alone achieving total sales of AUD $40 million, a 90% increase on the previous year. Commenting on her new role, Samantha, who hails from Melbourne says, “I know that Travel Counsellors will continue to be a huge success here in Australia and I am delighted to have been given this opportunity to build upon what has already been achieved by the team.” The company’s agents are also reaping the benefits of these sales, with the average income per Travel Counsellor up by 20% worldwide. Speakman adds; “Our unique focus on recruiting professional, experienced agents and empowering them with cutting edge technology and inclusive support allows them to become the customer’s trusted friend and professional travel advisor. We provide customers with a new way of booking their holidays and corporate travel, and we offer the best agents in Australia the way forward, working from home as a Travel Counsellor.” Source = Travel Counsellorslast_img read more

Rendezvous Auckland under the knife

first_imgRefurbishments have kicked off at Rendezvous Hotel Auckland after the Hospitality Group announced a multi-million dollar restructuring of its hotel portfolio.Earlier this month the Rendezvous Hospitality Group released plans to divide its properties into three tiers including Rendezvous Grand Hotels for premier accommodation, Rendezvous Hotels targeting upper-midscale travellers and Rendezvous Studios for the value-conscious traveller.As part of the adjustment, the company’s property in Auckland will remain open as it becomes a Rendezvous Grand Hotel Auckland and undergoes major adjustments to its technology, design and brand identity.According to hotel general manager Paul Gallop, part of its redesign has already completed including guests suites and the Tui conference room, with final completion of renovations to guestrooms, conference rooms, lobby, bar and restaurants will be complete by February next year. “It has been, and will continue to be, paramount for us to maintain guest satisfaction throughout the entire process, ensuring that this period is one of excitement and not inconvenience,” Mr Gallop said. “We look forward to unveiling the new designs once completed early next year.”The soon-to-be Rendezvous Grand Hotel Auckland houses up to 452 guestrooms and suites, a Club lounge, Aucklander Bar, a Tui and Coromandel functions room as well as a Pacific Restaurant and a Katsura Japanese Restaurant.Click here to find out what’s in store for the company’s Brisbane, Perth and Sydney properties. Source = e-Travel Blackboard: N.Jlast_img read more

Aussies seek authenticity

first_imgWhen it comes to wanting an authentic travel experience, more Australians are travelling to countries in the Eastern Mediterranean, according to new research.A report by Excite Holidays revealed that in the last six months there has been an increase in Australia bookings to Turkey up 71 percent, Croatia up 51 percent, Cyprus up 19 percent, Jordan up 30 percent and Egypt up 171 percent, compared to the same period last year.Moreover, Malta and Morocco have had a significant increase in bookings with a growth of 328 percent and 205 percent respectively.“We are seeing a trend for holidays that allow travellers to immerse themselves in a country’s culture and engage in authentic local interactions and local experiences,” Excite Holidays general manager Joe Karbo said.“Malta is one such example… Although small, Malta offers a diverse and rich history, boasting some of the world’s greatest prehistoric temples, fossil-studded cliffs, hidden coves and exceptional diving opportunities.”The ability to provide authentic experiences, be English-language friendly and offer low-cost travel options have resulted in Malta becoming an appealing destination for many Aussie travellers.Excite Holidays have also witnessed an increase in the amount of bookings to Italy (29 percent), France (59 percent), Spain (48 percent), Portugal (30 percent) and Greece (29 percent), indicating that Europe still remains high on the Aussie traveller’s bucket list.Source = ETB News; LB Bookings increase for the Med as Aussies search for diverse and authentic experiences abroad. Image: commons.wikimedia.orglast_img read more

World Cup crazy Australians sent to wrong Salvador

first_imgAn Australian couple from Darwin, planning to spend their honeymoon in Salvador, Brazil and watch the Spain vs Netherlands World Cup match, had their dreams shattered when they realised their travel agent had instead booked their tickets to San Salvador, the capital of El Salvador, by mistake, according to Sunday Territorian.Orin and Melissa Van Lingen, who had been saving since June last year to see the Cup, realised there was something wrong after boarding their connecting flight in Los Angeles.“We thought there was another connection, but when we arrived we realized that it was the wrong flight,” Mrs Van Lingen said.“The hardest part was seeing my husband’s face.”The couple had to resort to watching the game, in which the Dutch thrashed the Spaniards 5 – 1, on television, while the agency responsible for the mistake apologized and is doing its best to send the couple to Brazil for their honeymoon as soon as possible.Source = ETB News: Lucas Lempeklast_img read more

Survey of Tourism Accommodation saved

first_imgYesterday, the Federal Government announced they would continue funding the ABS’  Survey of Tourism Accommodation, however the Tourism Accommodation Australia (TAA) has requested long term funding.Hotel and tourism infrastructure development relies heavily on the statistics provided by the ABS to justify investments, so the allocated funding has been welcomed across the industry.Earlier this month the Australian Bureau of Statistics announced they would scrap all funding for the Survey, due to funding constraints.Minister for Trade and Tourism, Andrew Robb, has committed that AusTrade will fund the survey in 2014-15 financial year.TAA managing director, Rodger Powell, said that the continued funding of the survey highlighted Minister Robb’s appreciation of the contribution the accommodation sector makes to economic growth and job creation in Australia.“Minister Robb is overseas selling investment in Australia and knows just how important this information can be,” Mr Powell said.The TAA have stated they understand the government has to reduce spending because of its budgetary concern however they stressed that funding towards the accommodation sector is a necessity.Source = ETB News: Lewis Wisemanlast_img read more

Jet Airways introduces four new domestic routes

first_imgJet Airways will start new flights from Mumbai and Delhi to the eastern port city of Vishakhapatnam, plus new daily flights between Srinagar and Jammu, effective from November 15. It will also launch direct flights between the eastern metropolises of Chennai and Kolkata.The Delhi-Mumbai route will be upgraded with the deployment of a twin-aisle Airbus A330 aircraft, offering extra seat capacity. A 16th daily flight will also be introduced on this high-demand sector.Gaurang Shetty, Jet’s Senior Vice President of commercial said, “The new flights and additional frequencies in our 2015 Winter Schedule will further strengthen our robust domestic network, while offering our guests additional choice and flexibility to plan their travel. We are happy to introduce the A330-200 wide body aircraft between Delhi and Mumbai to provide additional connectivity on this key route.”In addition to the new routes, Jet will increase the frequency of several existing services, focusing mainly on Bengaluru. This includes the addition of a 10th daily flight between Bengaluru and Delhi, an 11th daily service from Mumbai to the Garden City, a third daily service between Hyderabad and Bengaluru, a sixth daily flight on the Bengaluru-Mangaluru route, and six more weekly flights between Bengaluru and Goa.Elsewhere, there will be a third daily service from Delhi to Ahmedabad, a second daily service from Delhi to Varanasi, and a fourth daily flight between Delhi and Hyderabad. Jet will also introduce new late night flights from Mumbai and Kolkata to Chennai.last_img read more

Freddie Mac Forecasts Future of Housing Growth

first_imgFreddie Mac Forecasts Future of Housing Growth in Data, Government, Origination, Secondary Market, Servicing Agents & Brokers Attorneys & Title Companies Federal Reserve Freddie Mac Home Prices Home Sales Home Values Housing Affordability Investors Lenders & Servicers Mortgage Rates Processing Refinance Service Providers 2012-12-11 Tory Barringer December 11, 2012 380 Views center_img Add “”Freddie Mac””:http://www.freddiemac.com/ to the list of companies forecasting great things in the 2013 housing market. Economists took the opportunity to peer into the future in the GSE’s most recent “”_U.S. Economic & Housing Market Outlook_””:http://www.freddiemac.com/news/finance/docs/Dec_2012_public_outlook.pdf.[IMAGE]Predictions for 2013 are a lot different from those made for 2012, owing greatly to this year’s better-than-expected gains in home prices, sales, and mortgage originations.””The last few months have brought a spate of favorable news on the U.S. housing market: construction up, more home sales, and home value growth turning positive. This has been a big change from a year ago, when some analysts worried that the looming ‘shadow inventory’ would keep the housing sector mired in an economic depression,”” said Frank Nothaft, chief economist for Freddie Mac.Nothaft noted that while the number of loans seriously delinquent or in foreclosure has weighed heavily on the market, this year’s decline in both delinquent loans and distressed sales has mitigated their negative effects. Now, “”the housing market is healing, is contributing positively to GDP and is returning to its traditional role of supporting the economic recovery,”” Nothaft said.As for 2013, home prices are expected to post continued gains throughout the year, though they aren’t expected to be as dramatic as this year’s increases. Nothaft expects most national house price indexes will rise by 2 to 3 percent next year as local market variances impact larger estimates. Freddie Mac’s Home Price Index (HPI) is expected to post modest growth of 0.6 percent in the first quarter before rising a more impressive 3.3 percent in Q2 as the active [COLUMN_BREAK]selling season begins. The index will remain flat in Q3 before falling 1.4 percent in Q4, according to the projections. The expected annual growth for 2013 is 2.5 percent, less than half of 2012’s anticipated 5.3 percent growth.Meanwhile, household formations will increase, giving a boost to demand for homes. As unemployment falls to a projected 7.5 percent, the resulting job and income gains will lead to an annual net growth of 1.20 to 1.25 million households in 2013. In turn, that growth will lift construction activity: “”Housing starts should be up around the 1.0 million pace (seasonally adjusted annual rate) by the fourth quarter of 2013.””At the same time, vacancy rates in both the apartment rental market and the single-family for-sale market are expected to continue trending downward. According to Nothaft, the gap between household formations and housing starts “”could bring aggregate vacancy rates down to levels last seen a decade ago.”” While that news is good for property owners, it means tenants will likely see rents rise a bit faster than overall consumer-price inflation.Like many other groups, Freddie Mac expects refinance activity to slip from this year to the next, though refinances will still largely drive the residential mortgage market. According to Nothaft, refinances are projected to decline for two reasons.””[F]irst, many homeowners have locked in low rates in recent months and will have little financial incentive to refinance again; and, second, interest rates will likely be a bit higher a year from now than they are today, further reducing the financial incentive to refinance,”” he said.As refinances dip, the expected pickup in purchase lending will likely not be enough to make up the difference. As such, single-family originations are forecast to decline about 15 percent. In the multifamily arena, however, “”permanent financing on new completions, property transactions, and refinance of loans exiting from ├â┬ó├óÔÇÜ┬¼├ï┼ôlockout’ or ├â┬ó├óÔÇÜ┬¼├ï┼ôyield maintenance’ periods is expected to translate into a rise of 5 percent or so in dollar originations.””Fixed mortgage rates are expected to remain near record lows for the first half of the year before rising a bit in the latter half. However, the “”Federal Reserve’s””:http://www.federalreserve.gov/ ongoing quantitative easing strategy will keep rates below 4 percent; thus, single-family homebuyer affordability will remain high in 2013–assuming the buyer has a good credit history, stable income, and sufficient savings. Sharelast_img read more

Home Prices Hit Wall in September

first_imgHome Prices Hit Wall in September in Daily Dose, Data, Featured, News Share Black Knight Financial Services Home Prices 2014-11-24 Tory Barringercenter_img Home price gains skidded to a stop in September, putting a period on what had already been a slow third quarter for growth.Based on transaction data throughout the month, Black Knight Financial Services’ Home Price Index (HPI) recorded a 0.01 percent month-over-month decline, keeping it nearly flat at $241,000.The drop follows meager increases of 0.2 percent and 0.1 percent in July and August, respectively. Throughout the entire third quarter, the index remained unchanged from its rounded-off total of $241,000.Annually, the index improved 4.6 percent compared to last September. With the latest change, Black Knight says prices are 10.2 percent off their peak from June 2006, a slightly bigger gap compared to August.Half of the 20 largest states tracked in Black Knight’s report posted monthly price declines in September, led by a 0.6 percent drop in Connecticut. Adding in the remaining states, Missouri and Vermont also tied for the biggest decreases at -0.6 percent.The biggest increase of the month was in Georgia, which saw a 0.9 percent improvement from August. The state’s Atlanta metro ranked second on the list of top-growing markets, coming in just under Naples, Florida, at 1.0 percent.Year-to-date, Colorado led the 20 largest states for growth, posting 6.9 percent appreciation through the end of the third quarter. Colorado is also one of a small handful of states where prices have surpassed their previous peaks from the height of the bubble. November 24, 2014 438 Views last_img read more

Two Major Hurdles Passed Others Ahead for Tax Reform

first_img Congress GOP House HOUSING mortgage Tax Reform 2017-11-16 Rachel Williams in Daily Dose, Featured, Government, News November 16, 2017 618 Views Sharecenter_img Two Major Hurdles Passed, Others Ahead for Tax Reform Since tax reform was first on the table, President Trump has outlined an aggressive timeline for its implementation, stating, “I want the House to pass by Thanksgiving, I want to see people standing by my side when we get ready to sign by Christmas, hopefully before Christmas.”On Tuesday the first part of his timeline was realized. While the plan passed the House with a vote of 227-205, the margin was smaller than anticipated.The House plan has multiple implications for housing professionals. Under the bill, existing homeowners can keep the mortgage interest deduction, but future purchases will be capped at $500,000.As for property taxes, the bill adds limits to the state and local tax deduction—which lawmakers are proposing to limit property taxes and cap at $10,000.Since its introduction, the House plan has received mixed response from the industry.  Nela Richardson, Chief Economist of Redfin, a national real estate brokerage, commented on the GOP tax plan, saying: “The bill is a missed opportunity to make homeownership more affordable to more people. While the new $500,000 cap on the mortgage interest deduction (MID) is intended to limit the benefit for the wealthiest homeowners, it also limits the benefit for first-time buyers in expensive coastal markets where it’s hard to find a starter home at that price.”Although today’s vote marked a significant milestone in seeing tax reform made into law, proponents of it shouldn’t bill a sigh of relief yet—a tax plan still needs to pass the Senate.  According to the New York Times, on Thursday the Senate bill faced a setback on Thursday when analysis from The Joint Committee on Taxation found that American earning $300,000 or less would see their taxes increase beginning at 2021.On Wednesday, Sen Ron Johnson (R-Wisconsin) became the first Republican Senator to state that he will not vote for the plan in its current form. Part of Sen. Johnson’s misgivings centered around the fact that not all members of the party are able to review and critique the bill. He also wants to see changes that promote all types of business be competitive and not just corporations (the current plan of the bill will cut the corporate tax rate from 35 percent to 20 percent until 2019)..The hurdles for tax reform don’t stop at the Senate. Currently, the House and Senate versions of the bill have major differences. One, is the corporate tax cut already noted. Another is that the Senate bill has more individual tax brackets at seven compared to the House’s four. In addition, and most significant to our industry, is that Senate bill merely seeks to change the estate tax, as opposed to the House bill that proposes to eliminate it entirely by 2024.Reconciling the two versions of the bill will be the last major hurdle before it reaches the president’s desk, however, with only a little over a month until Christmas the timing will be tight to keep to the president’s schedule.That same evening, just hours after the House passed their plan, the Senate’s tax-writing committee approved Republicans’ plan to overhaul the tax code.The Finance Committee voted along party lines, 14-12, to forward the proposal on to the full Senate.Senate leaders aim to take up the bill, which would cut both business and individual taxes, after Thanksgiving.last_img read more

November 29 2018

first_imgNovember 29 , 2018 Dole trucks attacked in Honduras as protests build … U.S.: Dole inks deal for executive office in uptow … You might also be interested in Total Produce’s 2018 revenues rise 18% on back of … center_img Speculation mounts over Dole corporate office move … Ireland-based Total Produce has confirmed it continues to target adjusted EBITDA growth in the mid-single-digit range, excluding the 45% Dole contribution for the five months ending December 2018.The company said it is also targeting 2018 full-year adjusted earnings per share on a like-for-like basis in line with 2017, excluding Dole and related share issue. “Fresh produce markets have experienced periods of shortage and periods of oversupply in 2018 caused by extended unusual weather conditions which impacted supply and demand and led to lower pricing,” it said.”For 2019 including Dole, Total Produce is targeting an increase in the adjusted earnings per share in the mid-to-upper single-digit range over the 2018 adjusted earnings per share which excludes Dole.”In late August Total Produce announced a 19.4% rise in pre-tax profit to €42.3 million (US$67.5 million) in the first half of the year, thanks in part to the incremental contribution of its acquisitions.The group’s total revenue rose by 1.8% to €2.19 billion (US$3.5 billion) while EDIBDA increased by 7.4% to €56.7 million over the six months ended June 30.last_img read more

International Cruise has released a collection of

first_imgInternational Cruise has released a collection of special 2017 Christmas cruises in the Mediterranean, the Caribbean or the Arabian Peninsula, offering an exclusive 2.5% discount when booked direct with the cruise holidays operator. A choice of nine departures, across cruises ranging from seven to 22-nights in duration, include the 11-night roundtrip sailing aboard MSC Orchestra departing Genoa on December 17 and visiting ports in France, Spain, Malta, Greece and Italy. Prices start from just $1299 per person twin share. MSC OrchestraExperience the newest ship in the fleet, MSC Divina, on an 11-night roundtrip from Miami, sailing across the Caribbean Sea and soaking up the local culture in The Bahamas, Jamaica, Columbia, Panama, Costa Rica and Belize.Priced from $1539 per person for a family cabin of four, or from $2089 per person twin share.TOP IMAGE: MSC Divina ChristmascruiseMSC Cruiseslast_img read more

Cardinals expect improving Murphy to contribute ri

first_img Cardinals expect improving Murphy to contribute right away What an MLB source said about the D-backs’ trade haul for Greinke Comments   Share   Ruh roh.As chances go, this may very well be Kolb’s last. While a poor performance would not necessarily mean his days as a Cardinal are over (though stranger things have happened), it would likely be the final straw for a fan base that, for all the flack they receive, would be more than happy to see Kolb succeed.There are no “Kolb Haters”; there are only people who want to see the Cardinals find a legitimate QB. It does not matter whether that guy is the former Eagle QB, John Skelton, Ryan Lindley or someone not yet on the roster. Just find a QB, and find him soon.And in what could be a cruel twist of irony, the very reason the Cardinals are still struggling to find a quarterback in the post-Warner era will take the field for the Silver and Black Friday, as Matt Leinart will be in town for the first time since being unceremoniously dumped by the team that drafted him.Had Leinart played better (or kept his mouth shut, or somehow impressed Whisenhunt) perhaps the Cardinals’ search for a QB would have ended with the former Heisman Trophy winner. Can you imagine the reaction if Kolb struggles while Leinart flourishes? Double ruh roh. Chances are good the home fans would not be kind to the 27-year-old, and whatever they said to him back in June will pale in comparison to what would occur here in August. Top Stories D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Is it right? Not really. Kolb’s failures up to this point are not due to a lack of effort or desire. Contrary to what some fans may think, he is not content with struggling and does want to become a good NFL quarterback.Sometimes, though, it just doesn’t work out. Could that be the case here? Yes, and it probably is. But blame for that should lie at the feet of the people who overpaid to bring Kolb in, not the player himself. Of course their saving grace may be an improved Skelton, who could have a big game and cement his status as the starter. And maybe the defense will actually put up some resistance and allow people to stop worrying about whether or not the second half of last season was a mirage.But the reality is that’s neither here nor there, as Kolb’s performance will be what’s scrutinized; Kolb’s performance is what this game will be remembered for.Maybe this will all be moot. Kolb may play well Friday, regaining faith from the fan base while getting back in the QB race. Now wouldn’t that be a sight for the sore eyes of Cardinals fans everywhere who just want to see someone — anyone — play well enough to make them believe the QB position won’t be a mess for the third year in a row. Nevada officials reach out to D-backs on potential relocation The last time Arizona Cardinals fans saw Kevin Kolb at University of Phoenix Stadium a good many felt it fit to boo his performance.The team’s presumed starter at Fan Fest, his struggles caused an uneasy fan base to let their displeasure be known.Imagine if he struggles Friday against the Oakland Raiders in front of a sold-out-but-likely-not-all-there crowd not as the presumed starter, but a guy seemingly heading for a job as a high-priced backup.last_img read more

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first_img Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo 0 Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling Of all the storylines heading into the 2014 season, the recovery of Tyrann Mathieu is one of the most important for the Arizona Cardinals. The defensive back is recovering from a torn ACL and LCL suffered in a Week 14 win over the St. Louis Rams, and has been making steady progress as training camp nears.Mathieu, speaking to the NFL Network, said he’s feeling great right now.“The recovery is going well,” he said. “I have a great team around me. My teammates have been great supporters so I’m in positive spirits right now. I’m just looking forward to that day they let me get back on the field.”center_img Former Cardinals kicker Phil Dawson retires When that will be is a mystery. The Cardinals understandably would like to get Mathieu back on the field as soon as possible. His impact was felt in a truncated season last year, as he finished with 68 total tackles, two interceptions, one sack and one forced fumble.But even then, the team is making sure not to rush the 22-year-old back onto the field, believing a cautious approach will better serve both the team and the player. After all, there is a promising career to think about.Asked what the team is looking to do with him in training camp, which begins July 25, Mathieu said he wasn’t sure what the plan is.“I’ll probably be doing the same thing I did in the spring as far as making sure I’m communicating with the defensive backs, making sure all those guys are on point,” he said. “Hopefully I’ll be able to get out there and be able to put on at least a helmet and some shoulder pads and run around and be a football player again.” Grace expects Greinke trade to have emotional impactlast_img read more