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Bank of England governor warns housing market is biggest threat to UK economy

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Bank of England governor warns housing market is biggest threat to UK economy

Sunday, May 18, 2014

The governor of the Bank of England, Mark Carney, has warned that the state of the housing market in the United Kingdom is the current biggest domestic threat to the country’s economy, due to lack of house building, and regulatory issues.

In an interview to be aired on Sky News today, he said the housing market is the “biggest risk” to the economy and has “deep, deep structural problems”. Of house building he said: “There are not sufficient houses built in the UK. To go back to Canada, there are half as many people in Canada as in the UK, twice as many houses are built every year in Canada as in the UK and we can’t influence that.”

“We’re not going to build a single house at the Bank of England. We can’t influence that. What we can influence […] is whether the banks are strong enough. Do they have enough capital against risk in the housing market?”

Carney also said the Bank of England would look into the procedures used to issue loans and mortgages to see if they were being granted appropriately: “We’d be concerned if there was a rapid increase in high loan-to-value mortgages across the banks. We’ve seen that creeping up and it’s something we’re watching closely.”

Kris Hopkins responded to Carney on behalf of the government, saying the government “inherited a broken housing market, but our efforts to fix it are working”. “We’ve scrapped the failed top-down planning system, built over 170,000 affordable homes and released more surplus brownfield sites for new housing. We’ve also helped homebuyers get on the housing ladder, because if people can buy homes builders will build them. Housebuilding is now at its highest level since 2007 and climbing. Last year councils gave permission for almost 200,000 new homes under the locally-led planning system and more than 1,000 communities have swiftly taken up neighbourhood planning. It’s clear evidence the government’s long-term economic plan is working.”

Earlier this month, the Organisation for Economic Co-operation and Development called on the UK government to “tighten” access to the ‘Help to Buy’ scheme introduced by George Osborne and the coalition government in 2013. ‘Help to Buy’ has also recently been criticised by three former Chancellors of the Exchequer — the Conservatives Norman Lamont and Nigel Lawson, and former Labour Chancellor Alistair Darling. Darling said: “Unless supply can be increased substantially, we will exacerbate that situation with schemes like Help to Buy.”

Make Event Planning Easier: Fence Rentals In Chicago

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byAlma Abell

Every event needs a way to keep those in attendance safe while protecting the equipment and controlling the movement of the crowd. Fencing is the best means to perform all of these tasks, but it can be expensive to purchase miles of various fencing, especially when the event is a one-time occurrence or happens only once a year. That is why fence rentals are the only solution that makes sense in this type of situation.

[youtube]http://www.youtube.com/watch?v=P23Fw7jDXs4[/youtube]

Rental fences are not just for construction sites or highway projects. The companies that offer fence rentals in Chicago provide a large selection of fencing that can give the safety and security needed, but will not overwhelm the appearance of the site. Best of all, many of the fencing they offer is panel fencing, designed to sit on the surface of the ground without needing holes to be dug. This will make it possible to use fences safely in public areas without the worry of damaging the lawn.

For many, the additional benefits of never needing to store any fencing is enough of a reason to rent. However, it is not just storage that makes renting the easiest method, but the installation as well. With most rental services, the fences are delivered and installed and then picked up at the end of the rental period. This reduces a lot of work hours for the event staff and eliminates the need to rent trucks or equipment to move the fencing. These rental companies are also insured, so the liability issue that can be worrisome to some event planners, is at least not a consideration in regard to the fencing.

It is always a good idea to reserve your fencing as early as possible to ensure the materials you need are available when you need them. Fence Rentals in Chicago can be found in many places, but the best solution, and the most personal service is found at Unitedrentafence.com. Check out their web site to learn more about what they offer for fencing and for services and what how you can reserve the fence you need for your next event.

Bollywood stars Aishwarya Rai and Abhishek Bachchan engaged

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Bollywood stars Aishwarya Rai and Abhishek Bachchan engaged

Monday, January 15, 2007

This article features in a News Brief from Audio Wikinews:

Legendary Bollywood actor Amitabh Bachchan has confirmed that his son Abhishek and former Miss World Aishwarya Rai were engaged last evening at a private ceremony at the Bachchans’ residence in Mumbai.

It is believed that the younger Bachchan proposed to his bride-to-be in New York, soon after the Toronto premiere of his new movie Guru. The media had been following the romance between the two closely for some time past, but this is the first time they have come out in the open about their relationship. Rumours that the couple were planning to spread the know began to spread in November last year, when they visited the Sankat Mochan Temple together, with some even saying that they had already been married even earlier at the Meenakshi temple in Madurai

According to one daily, the wedding will take place either on February 19 or March 7 at the Hyatt Mumbai. “The children have decided. We are very happy and thought we should go ahead with the ‘roka’ ceremony. It was held in the evening.”, Amitabh Bachchan said of the ceremony, which was attended by the family’s close friends, including Samajwadi Party leader Amar Singh, Aishwarya’s parents, and industrialist Anil Ambani and the latter’s wife Tina Ambani. The couple have now flown to Ujjain to take a holy dip in the Ganga.

US clinic plans first face transplant

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US clinic plans first face transplant

Tuesday, September 20, 2005

US doctors are to interview 12 patients with a view to performing the first ever transplant of a human face.

The Cleveland Clinic will choose between seven women and five men to find the person most suited for the experimental procedure, which is a radical and controversial solution to extreme facial scarring or disfigurement.

Having practiced the procedure on bodies donated for medical research, the Cleveland Clinic team believe they have a 50% chance of success. The procedure will not live up to science-fiction predictions and give the recipient the appearance of the donor; the underlying bone structure is the deciding factor in the final appearance. The new face will end up resembling neither the donor nor recipient.

Surgeons in several other countries have announced being ready to perform this procedure in the past. However, the risk and non life-threatening nature of disfigurement have meant that gaining approval for the groundbreaking surgery has been difficult. Like many other transplant operations, the recipient would be required to take drugs to prevent tissue rejection for the remainder of their life. These drugs can have side effects and carry their own risks involving the patient’s immune system.

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Four Types And Four Approaches To Nassau County Ny Door Alarms

byAlma Abell

The path towards security is an uphill battle, and there could always be improvements. But these systems are put in place to protect businesses and protect livelihoods. Nassau County NY Door Alarms are often positioned for two-level security, and they come in a variety of shapes and colors for varying levels of protection.

There really are two main points to consider. The first is the type of protection needed. It is not necessarily practical to have latches, magnetic strips, and eye scanners supplanted to a simple little shop in a nice neighbourhood (that last bit about eye scans is sarcasm- sort of).

So the type of door protection installed should correlate with the type of business, the location of the business, and other parallels. For example, a business with a super high scrutiny door alarm could be a red flag to thieves that there is something really worth protecting here. If anyone finds this too simple, just take a look at the impression left off by an extremely high end security system in a relatively modest town. Ultimately, the system is a reflection of its surroundings. Keep it protective, but also logical.

The second major thing is the budget. There is no ignoring the importance of finances and time, so a system can be as simple as a special door lock or a full camera system with exterior and interior set-ups. The four main types of Nassau County NY Door Alarms are:

* Notification* Magnetic* Scanners* Comprehensive

These are all a little different, and they increase with quality as they go along. For example, notification alarms simply ring when an individual enters, or chimes, whereas a comprehensive system is backed up by security alarms, audio recording, and instant law enforcement alarms.

Door alarms remain the crux of security. They are the backbone of the entire system, and they can be rigged very simply or extremely complex. It is always important to consider the relation to the location, using a lock that is fair and logical and not loud and noisy. Being discreet is sometimes the best practice in protecting a family and/or business. Click Here for more information.

categories Audio Visual | April 15, 2018 | comments Comments (0)

EPA proposes using Clean Air Act to fight global warming

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EPA proposes using Clean Air Act to fight global warming

Tuesday, March 24, 2009

Washington, D.C. – The Environmental Protection Agency may have a new tool in its arsenal to fight global warming. The agency has submitted a proposal to the Obama administration which aims to list carbon dioxide and other greenhouse gasses as pollutants under the Clean Air Act.

The policy had previously been proposed to and rejected by the Bush administration, which said it was the wrong tool to be using. The proposal lists the negative effects of global warming, including longer and hotter heat waves, increased flooding, and the increased spread of diseases due to warmer weather.

EPA administrator Lisa Jackson has previously suggested declaring global warming a health threat, and that the agency could use the 1970 Clean Air Act to use to combat it.

Environmental groups applauded the finding, with the director of Clean Air Watch, Frank O’Donnell, calling it “a green-letter day for the environment.”

One of the U.S. Chamber of Commerce vice presidents, William L. Kovacs, said if the the proposal is put into effect that it “will be devastating to the economy.”

It is unclear whether the Obama administration will go along with the proposal. White House spokesman Ben LaBolt commented that “The president has made clear that to combat climate change, his strong preference is for Congress to pass energy security legislation that includes a cap on greenhouse gas emissions.” No specific timeline has been given for when a decision would be made.

An upcoming conference in Copenhagen, Denmark will focus on drawing up a new international global warming treaty, which the United States plans to attend, a clear reversal from the Bush administration’s non-participation in the 1997 Kyoto Protocol.

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Creator of website satirizing Glenn Beck on winning domain name case

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Creator of website satirizing Glenn Beck on winning domain name case

Tuesday, November 10, 2009

Wikinews interviewed the creator of a parody website satirizing American political commentator Glenn Beck, about his thoughts after prevailing in a domain name dispute brought by Beck before the World Intellectual Property Organization (WIPO) in Geneva, Switzerland. Florida resident Isaac Eiland-Hall created the website in September, and it asserts Beck uses questionable tactics “to spread lies and misinformation”. Eiland-Hall was represented in the case by free speech lawyer Marc Randazza.

Wikinews interviewed Randazza for the article “US free speech lawyer Marc Randazza discusses Glenn Beck parody”, and previously reported on the Beck v. Eiland-Hall case in articles, “US free speech lawyer defends satire of Glenn Beck”, “Satirical website criticizes Glenn Beck for ‘hypocritical’ attempts to silence free speech”, and “Glenn Beck loses domain name case over parody website”.

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UK R&B singer Ms Dynamite sentenced for assault

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UK R&B singer Ms Dynamite sentenced for assault

Thursday, January 19, 2006

The UK musician, Niomi McLean-Daley popularly known as ‘Ms Dynamite’ has been sentenced to carry out 60 hours of community service after admitting to assaulting a policewoman.

The rap star has been fined £750 in compensation.

Sky News reports that “she had hit the officer in the face at a London police station on January 6.”

According to Sky News, District Judge Timothy Workman said: “The injury sustained by that one blow were obviously more considerable than first thought.

“I accept that it was one blow and in the circumstances bearing in mind your good character, you have never been in court before, you are entitled to a discount on sentence.”

According to her solicitor the catalyst for the row was the racial abuse of her sister Annabell, 18.

The BBC reports that Ms Dynamite’s solicitor Anthony Burton said: “My client has absolutely no excuse for her conduct. She makes no bones about that.

She apologises profoundly for her conduct to the officer involved, Pc Marles. “She is deeply ashamed.”

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Charles Taylor gets 50 years for war crimes

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Charles Taylor gets 50 years for war crimes

Wednesday, May 30, 2012

Charles Taylor, the former President of Liberia, has been today handed a 50-year sentence for war crimes in neighbouring Sierra Leone. The court previously held he financed a war which left an estimated 50,000 dead.

Taylor, 64, is considered likely to remain incarcerated for life if the sentence stands, but his legal team has vowed to appeal. The prosecution sought an 80-year sentence. Taylor’s is the first conviction of a head of state by an international tribunal since the fallout from World War Two, when the Nuremberg trials were underway.

The Special Court for Sierra Leone, which is operating from the Netherlands to avoid unrest if Taylor were tried in Africa, spent more than a year deliberating before convicting Taylor last month. Acquitted of ordering crimes or of acting in a joint enterprise to conduct them, he was nonetheless convicted of aiding and abetting the offences. There were 94 prosecution witnesses and 21 for the defence.

The allegations date to civil war in Sierra Leone, which ran from 1991 to 2002. Taylor, who had been a warlord since the ’80s, backed the rebel Revolutionary United Front (RUF). Taylor was elected Liberian president in 1997 after a different civil war concluded.

Six years later he was ousted when an arrest warrant was issued and fled to Nigeria. He was arrested there in 2006 whilst again trying to flee and went on trial later that year. Taylor, who had been facing a rebellion against him since 1999 in Liberia, received training from late Libyan ruler Colonel Muammar Gaddafi’s regime.

Testimony included claims that Taylor-backed fighters adorned roads with human intestines and ate human flesh. One claimed to have seen Taylor himself eat human liver, something Taylor denied. One described asking RUF rebels to sever his only hand in exchange for his young son’s life.

Further allegations said teenage children were involved in the fighting and that Taylor sold illegally mined diamonds to finance arms purchases for the RUF. Western celebrities Naomi Campbell, a model, and Mia Farrow, an actress, described an incident at a charity dinner held by Nelson Mandella, then South Africa’s head, in 1997. Campbell and Farrow said Taylor gifted Campbell a number of diamonds. Taylor is claimed to have ordered seizure of Sierra Leone’s diamond deposits by RUF soldiers.

It was claimed in court that child soldiers were used in conflict, as diamond mine guards, and to carry out amputations. Allegations of forced amputation were made. Taylor was convicted in late April of aiding and abetting forcing amputation, as well as rape, murder, child soldier recruitment, sexual slavery, and pillaging.

The court’s panel of judges, presided over by Judge Richard Lussick, heard a 30-minute address by Taylor at an earlier sentencing hearing. “I express my sadness and sympathy for crimes suffered by individuals and families in Sierra Leone,” said Taylor, adding he acted “with honour” and as a peacemaker, asking for “reconciliation, not retribution” in sentencing. Taylor also gave evidence at his own trial, spending seven months of testimony saying he strove for peace in the region.

Lussick noted the panel felt 80 years to be excessive given that Taylor was cleared of directly carrying out offences. However, the court found other factors aggravated the case: In particular, he was a head of state. “Leadership must be carried out by example by the prosecution of crimes, not the commission of crimes,” Lussick said in court. “The special status of Mr. Taylor as a head of state puts him in a different category of offenders for the purpose of sentencing,” the judge said, with the convict “in a class of his own”.

“[His] positions both as president of Liberia and within the west African regional bodies distinguish him from any other individual that has appeared before this court,” Prosecutor Brenda Hollis said at a sentencing hearing. “Taylor’s abuse of his authority and influence is especially egregious given that west African leaders repeatedly entrusted him with a role to facilitate peace.” She had claimed “No significant mitigating circumstances exist in this case.”

Lussick also told the court today Taylor stood convicted of “aiding and abetting, as well as planning, some of the most heinous and brutal crimes recorded in human history”. “The lives of many more innocent civilians in Sierra Leone were lost or destroyed as a direct result of his actions.” These were, the court said, crimes of the “utmost gravity in terms of scale and brutality”. The prosecution had claimed Taylor followed no more motivation beyond simple greed and power lust. Lussick said today the judges were unanimous in imposing a term of 50 years.

The defence had called for a sentence that gave Taylor a realistic prospect of eventual release. They also noted he is set to be sent to the United Kingdom to serve sentence. The defendant would be “culturally isolated”, facing a “punishment within a punishment”. At least one war crimes convict has been attacked in prison in the UK, and it is anticipated Taylor will end up in a high-security prison after the UK Foreign Office has promised to uphold an agreement to imprison him there made by ex-Foreign Secretary Margaret Beckett.

“The sentence is clearly excessive, clearly disproportionate to his circumstances, his age and his health and does not take into account the fact that he stepped down from office voluntarily,” said counsel for the accused Morris Anya. The prosecution may also appeal the sentencing, and the verdict itself with intent to increase Taylor’s convictions beyond merely aiding and abetting. The defence also intends to appeal the verdict.

The appeals process means Taylor is likely to remain at The Hague for several months, where the court has been holding sessions in nearby Leidschendam. He is the last defendant to face trial before the Special Court, which has previously convicted and sentenced eight other prominent figures in the conflict.

categories Uncategorized | April 14, 2018 | comments Comments (0)

Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

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Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

Thursday, March 31, 2016

Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.

The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.

De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”

While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.

With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.

Contents

  • 1 Interview
    • 1.1 Background
    • 1.2 Campaign
    • 1.3 Issues
    • 1.4 Future
  • 2 Related news
  • 3 Sources
  • 4 External link

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