Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Government, News Home / Daily Dose / Fed Announces Slow Approach to Interest Rate Increases in 2015 Tagged with: Federal Open Market Committee Federal Reserve FOMC Interest rates The Best Markets For Residential Property Investors 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Demand Propels Home Prices Upward 2 days ago December 17, 2014 993 Views Servicers Navigate the Post-Pandemic World 2 days ago About Author: Tory Barringer Federal Open Market Committee Federal Reserve FOMC Interest rates 2014-12-17 Tory Barringer Servicers Navigate the Post-Pandemic World 2 days ago Previous: MCS Valuations Announces Management Changes Next: DS News Webcast: Thursday 12/18/2014 Print This Post Fed Announces Slow Approach to Interest Rate Increases in 2015 Data Provider Black Knight to Acquire Top of Mind 2 days ago The Federal Reserve announced Wednesday that it intends to take a slow approach to raising interest rates in the coming year, even as the economy continues to strengthen.In a policy statement released following the last 2014 meeting of the Federal Open Market Committee (FOMC), the central bank reaffirmed its view that the economy is expanding at a “moderate pace,” pointing to continued improvements in the labor market tempered by still-high numbers of unemployed and underemployed Americans and slower growth in the housing sector.Given the current climate, the committee hinted that it will take steps to raise short-term interest rates in 2015, though it still would not commit to a time frame, saying only that “it will likely be appropriate to maintain … the [current] federal funds rate for a considerable period of time.””Based on its current assessment, the Committee judges that it can be patient in beginning to normalize the stance of monetary policy,” the Fed said in its statement.While the phrase “considerable period of time”—commonly interpreted by analysts to be around six months—is not a new addition to the Fed’s language, policymakers did clarify that they’re counting the time from when the central bank ended its asset purchase program in October. If the interpretations hold out, that could signal an increase as soon as April, though many economists expect June is more likely.In a survey, 15 of 17 officials at the Fed predicted an increase in interest rates starting next year, with the other two saying the first hikes will come in 2016.At the same time, their forecast for rates slipped to 1.125 percent by year-end 2015, down from the last outlook in September.Perhaps encouraged by recent monthly payroll numbers, officials predicted the unemployment rate next year will drop to 5.2–5.3 percent, a more optimistic outlook than in September. As of November, the national unemployment rate was 5.8 percent.Economic growth, meanwhile, was pegged at 2.6–3.0 percent for 2015, unchanged despite a rosier outlook for 2014. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe
This Independence Day, why not mix it up a little and travel to a breathtaking mountain backdrop for an amazing firework display? To get you started, here are some possibilities throughout the Blue Ridge that are sure to impress this 4th of July.Smith Mountain Lake in Virginia is a spot favored for its scenic location along with its 500 miles of shoreline and it’s a wonderful spot to be for the annual fireworks show with all donation proceeds going to a local volunteer fire company. While many choose to view the show from Parkway Marina on land, the lake fills from shore to shore with the green, red, and white navigation lights from thousands of boats all there for the spectacular fireworks. If you are up for the adventure, be sure to take your boat toward the marina at the gap of Smith Mountain plenty early to get a good spot and because much of the lake’s main channel becomes a no wake zone considering the heavy traffic and dark conditions to be driving back in. The firework show will be held on Sunday, July 2nd complete with a live concert, kids zone, and carousel rides.Chattanooga, Tennessee‘s “Pops on the River” firework show is ideal for an evening on the grass with a few lawn chairs and a cooler. Taking place in Coolidge Park of downtown Chattanooga, this free Independence Day event comes with an outdoor concert and fireworks beginning around 9:45 p.m. right on the Tennessee River. With popular tourist destinations of Lookout Mountain and downtown must sees like the Tennessee Aquarium, Chattanooga would make for a beautiful mountain vacation weekend this Fourth of July weekend.Throwing a state park into the mix along with a 21st century twist on tradition is the “Fantastic Fourth Celebration” at Stone Mountain just northeast of Atlanta, Georgia. The celebration includes a laser show, music, fire effects, and the grand finale of a jaw-dropping fireworks display. The event lasts from July 1-4 with a parking fee of $15/day and attractions are open from 10:30 a.m.- 8 p.m. everyday. Each night, the same laser and fireworks show will happen starting at 9:30 p.m. If you’ve never experienced July 4th at Stone Mountain, this year is sure to be one of the best yet as it is the 50th anniversary of the celebration in Stone Mountain State Park.Finishing off this list of highlight fireworks show throughout the Blue Ridge is a July 4th experience that adds an element of outdoor recreation. For those wanting an adventurous holiday, you can opt to hike your way to the fireworks on a moderate 1.5 mile trail to the peak of Sunset Mountain starting at 6 p.m. and departing from the Swannanoa Valley Museum. From there, guests will enjoy a traditional watermelon cutting, the sun setting, and then the fireworks that illuminate the sky over the town of Black Mountain, North Carolina. For a cost of $50 for nonmembers and $35 for members of the museum, the hike will be led by individuals who will share the history and vintage photographs of the valley. Hikers are encouraged to bring a picnic, water, folding chairs, cameras, and flashlights. If this seems like a unique experience you’d like to try be sure to sign up and pay for your trip fee online.The Blue Ridge Mountains are home to an endless amount of spectacular Fourth of July events, views, and activities to make this year’s celebration one to remember.
By Yolima Dussán/Diálogo September 07, 2018 On July 23, 2018, the Colombian Navy added a new rapid reaction amphibious landing ship to its fleet. The ARC Bahía Colombia was named after the bay in the south of the Gulf of Urabá. The vessel is designed to boost naval fleet capabilities with high-performance and shallow-draft capacities, and the ability to carry out maritime interdiction exercises in hard-to-reach areas. The ship will also increase humanitarian operations in maritime and riverine coastal areas, especially in the Pacific, where it was assigned. ARC Bahía Colombia is equipped with two propulsion systems, located port and starboard. Each system consists of a propeller shaft transmitting power from the reducer to a jet drive system to guarantee speed and integration of the drive system. “The propulsion system was chosen as an innovative feature,” said Colombian Navy Vice Admiral Enrique Ramírez Gáfaro, commander of Operations of the Navy. “As it does not use conventional propulsion, such as a propeller, the ship can approach coastal areas and carry out beach and shallow-draft maneuvers without problems.” The vessel can reach a maximum speed of 9 knots per hour. At this speed, it has autonomy to travel up to 1,500 maritime knots for 20 days with 51 people aboard. “It has a storage capacity of 530 cubic feet for fuel,” Wilson Álvarez, project manager at the Colombian Science and Technology Corporation for Naval, Maritime and Riverine Industry Development (COTECMAR, in Spanish), told Diálogo. “It can operate a 12-ton telescopic crane, a 90 kW emergency generator that can serve as a port generator, a desalination plant, a weather station, and a computer to monitor and diagnose engines and generators, among other features.” Effective missions ARC Bahía Colombia has great potential to serve as a deployment platform for maritime interdiction missions. It can increase the Navy’s coverage of territorial waters and allow for speedy deployment at sea for longer periods, something that was not possible before. “These kinds of ships have been used in missions to effectively counter criminal narcotrafficking organizations, organized armed groups, and remnants of the Revolutionary Armed Forces of Colombia,” Vice Adm. Ramírez said. “[Now] we can reach areas, transport troops, and carry resources that enable offensive operations along the Pacific coast in areas that can only be accessed by sea as there are no roads, something that criminals use to their advantage.” In addition to coastal navigation, ARC Bahía Colombia will be able to travel through rivers and tributaries that originate in the western mountain range and flow into the sea. The ship can also transport equipment and speedboats, and make landings in the area’s complex geographical conditions. Customized design Bahía Colombia is the fifth vessel COTECMAR built and the sixth produced in the country in the last five years. In September 2017, a similar ship was delivered to the Honduran Naval Force, a milestone for the Colombian naval industry as an exporter of military products through technology transfer. “The progress for construction of this type of better equipped ships with higher performance is the result of two key conditions,” Colombian Navy Vice Admiral Javier Díaz Reina, president of COTECMAR, told Diálogo. “On the one hand, having first-hand knowledge of the Navy’s operational requirements, by talking with the institution about ship performance; on the other, using that knowledge to build optimized ships.” With ARC Bahía Colombia, naval engineers were able to increase the main and emergency engines’ power by updating control technologies. They also installed a weather station that merges with the radar system for an improved mooring system. “This new and enhanced vessel will enable increased territorial control and presence along Colombia’s 807-mile coastline on the Pacific Ocean, where [operations] of narcotrafficking organizations don’t stop,” Vice Adm. Ramírez said. “The ship is essential for the Navy’s mission, allowing for better maritime control in areas where the main effort is required.”
Bills would alter judicial appointments April 1, 2003 Regular News Bills would alter judicial appointments Two bills proposing constitutional amendments that would affect the way judges are appointed have been introduced in the Florida Legislature.HJR 681 by Rep. Tim Ryan, D-Dania Beach, and SJR 1494 by Sen. Rod Smith, D-Gainesville, would change the way the appellate judiciary is appointed.Currently, judicial nominating commissions recommend candidates for the district courts of appeal and the Supreme Court when vacancies occur, and the governor makes the final appointment.Under the bills, which must be approved by voters if they pass the legislature, the JNCs for the appellate bench would be abolished. Instead the governor would nominate a candidate for a vacancy, subject to confirmation by the Senate, similar to the federal system.The governor’s nominee would not take office until the Senate confirms, according to the bills.“My view is that the traditional balance of powers is distorted when we do not have the legislative branch involved in the selection of the judiciary at the appellate level — those that make the decisions that affect the public policy and social policy of our state,” Sen. Smith explained about his bill.“In one fell swoop of one meeting of the Committee of Ethics and Elections, we confirmed like 30-plus positions as remote and obscure as Basin Board somewhere, a place I can’t locate and I have no idea what they do. But I don’t have the role in the confirmation of the judiciary. I think it creates an imbalance. I think it overly empowers the executive branch. I’m not anticipating it will pass right away, but I’m anticipating increasing interest. I’ve actually had some editorial support for it already.“I know some people say, ‘Oh, we don’t want to get into locking down the judge,’” Smith continued.“First of all, we rarely appoint judges like they do in the federal system. It would be rare that we would lock down an appointment. And there are ways we can make that impossible. For example, we don’t have the filibuster. So having said that, I’m confident this is the direction we ought to go. I believe that you can ask average Floridians, and they believe we do follow that balance-of-power approach, and they assume that we play some role.“The other answer I hear from time to time is that “Yeah, but, we do have judicial retention.’ The history of judicial retention is that it is a non-factor in the judiciary. In the history of this state, there has never been anyone close to not being retained. It’s only happened in three states in the United States, the last I knew. So, judicial retention is not an adequate answer. People have no idea what the judges are doing, whether or not they merit retention. Merit retention, for those judges, it is an illusion, rather than an actual check on their performance. I would rather at least know at one point in time that the legislative branch reviewed and approved the confirmation process.”The House measure was referred to the House Judiciary, Judicial Appropriations Subcommittee, and the Appropriations Committee. The Senate Bill has been referred to the Senate Judicial and Rules and Calendar committees.The second bill has been filed frequently in recent sessions and calls for opening the deliberations of the JNCs, which under the constitution are now closed.Rep. Fred Brummer, R-Apopka, introduced HJR 1135, which has been referred to the Judiciary and State Administration committees. Sen. Stephen Wise, R-Jacksonville, introduced SJR 2250 which had not been referred to any committees as this News went to press.Neither bill has been scheduled for a committee hearing at News deadline. Interested parties can track these and other bills using the legislature’s Web site. Go to www.leg.st.fl.us/ and click on either the House or Senate, and then select the “Bills and Related Items” option for a list of introduced bills.
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After repatriating 238 citizens from Wuhan and other cities in China, the Indonesian government declared on Sunday that it would ban all travel to and from China to prevent the spread of a deadly and highly contagious novel coronavirus.The ban, which took effect at 12 a.m. on Monday, prevents visitors who have stayed in China for 14 days or more from visiting or transiting in Indonesia. The government will suspend visa-free and visa on arrival provisions for Chinese citizens.“The government asks Indonesians not to take trips to mainland China for now,” said Foreign Minister Retno LP Marsudi, after a Cabinet meeting held by President Joko “Jokowi” Widodo at Halim Perdanakusuma Air Force Base in Jakarta on Sunday afternoon. While the Philippines reported the first death outside of China due to the recent coronavirus on Sunday, Indonesia has not yet confirmed any cases.Indonesia’s travel ban was announced hours after 238 Indonesian nationals evacuated from Wuhan and other cities in Hubei province landed on Natuna Island and were placed in quarantine at Raden Sadjad airbase.“They will undergo observation [in quarantine] for 14 days. This observation period will also be implemented on the 42 airlifting personnel from Wuhan, so 285 people will undergo this observation. They are still healthy so far,” Retno said.Spread of the new coronavirus (AFP/-)The evacuees disembarked from the Batik Air Airbus A-330 airplane at 9:23 a.m. at Hang Nadim International Airport in Batam, Riau Islands.They disembarked one by one, with long intervals between each passenger. Officers wearing hazmat suits examined the passengers and escorted them to the planes that later transported them to Natuna.The Indonesian Military (TNI) used three planes to carry the returnees from Batam to Natuna: a Hercules A-1315, a Boeing AI-7304 and a Boeing A-7306.The passengers underwent medical examinations inside the Batik Air aircraft before boarding the planes that brought them to Natuna Island.Batam Class I Port Health Office head Achmad Farchanny previously said that several health assessments, such as temperature checks, would be made.The quarantine facility will be guarded by 117 Mobile Brigade (Brimob) officers sent on a Wings Air plane to Natuna, Riau Islands, according to Police spokesman Sr. Comr. Harry Goldenhardt.“We sent our officers for preemptive security as there has been a protest from the locals [about the quarantine on Natuna],” Harry told The Jakarta Post on Sunday.On Saturday, residents protested in front of the Ranai subdistrict Military Command (Koramil) in Natuna regency in opposition to the decision to make Natuna Island the site of the quarantine.Natuna Deputy Regent Ngesti Yuni Suprapti said the central government had not consulted the administration.Of the 245 Indonesians planned to be evacuated from Hubei, only 238 arrived in Indonesia. Four people were unwilling to leave China, while three people were sick at the time of departure and were not given clearance by the Chinese government to leave the country.Read also: Coronavirus: Indonesians from Wuhan arrive in Batam, before taken to Natuna for quarantineFollowing standard health protocol, the passengers underwent multilayered medical examinations conducted by both Chinese authorities and an Indonesian medical team at Wuhan’s Tianhe International Airport.“It’s their right for those that refused. For those that did not pass, that’s the rule; the sick cannot [leave China],” Health Ministry spokeswoman Widyawati told the Post on Sunday.In quarantine, she said, the evacuees would be treated as healthy people and would be told to continue their activities, albeit at the facility.“They are actually healthy residents so we treat them as healthy people, not as sick people. We will also make them as comfortable as we can,” Widyawati said.She said that the evacuees would be treated, provided with healthy food and allowed to exercise for two weeks while their health was observed to determine if they were free from the coronavirus, which has an incubation period of up to two weeks.“They cannot be visited yet, but they can communicate using their gadgets,” Widyawati said.Viral fears: Natuna residents protest in front of Raden Sadjad Air Force Base in Ranai, Natuna, Riau Islands, on Saturday. They opposed the arrival of Indonesian citizens repatriated from Wuhan, China, in the regency, where the evacuees will be observed to ensure they are free from the new coronavirus. (Antara/Cherman)Other national governments have instated quarantines for those returning from China amid the coronavirus outbreak.The US government evacuated 195 Americans from Wuhan and has quarantined them at the March Air Reserve Base in California for 14 days.Singapore has evacuated 92 citizens from Wuhan. All Singaporeans coming from China have been put on quarantine order at home or at three university hostels in China designated as quarantine facilities.Australia plans to evacuate at least 150 of its residents from Wuhan on Monday to be quarantined on Christmas Island, Australian territory.The Foreign Ministry said the Indonesian Embassy in Beijing would take care of the four Indonesians who chose to stay in China with their family and the three others who were unable to depart because they did not pass the health screening.The Indonesian Embassy said it would be in constant communication with the remaining Indonesians and would coordinate with authorities in China to ensure those staying behind would still be able to access supplies.Foreign Ministry spokesman Teuku Faizasyah said the Indonesians who remained would be taken care of by the authorities.”The government will fully protect them,” he said. Indonesia has followed the United States, the Philippines and Singapore in imposing travel restrictions to and from China amid rapid contagion of the virus worldwide.AFP reported that, as of Sunday, the coronavirus had killed 304 in China and had infected nearly 14,500 globally, surpassing infections caused by Severe Acute Respiratory Syndrome (SARS), the result of another strain of coronavirus originated in China, in 2003.Often called the first pandemic of the 21st century, the SARS outbreak resulted in 8,100 cases worldwide and killed at least 775 people.Read also: Virus deaths in China rise to 360, exceeding SARS mainland toll — Marchio Irfan Gorbiano contributed to this report.Topics :
The Jakarta administration has allocated an additional Rp 2 trillion (US$121 million) for COVID-19 countermeasures, increasing the total amount of regional funds earmarked for fighting the disease until May to Rp 3.03 trillion.Jakarta Financial Management Body (BPKD) head Edy Sumantri said the additional money was allocated from the budget for urgent expenditures, land acquisitions as well as other regional investments, including for the infrastructure development for the now-delayed Formula E electric vehicle race.“For now, we are adding Rp 2 trillion to overcome the outbreak as well as for social security measures for affected residents,” Edi said in a press statement on Thursday. He added that Governor Anies Baswedan had issued two gubernatorial regulations in March regarding the regional budget reallocation for COVID-19 matters. The money would be given to various agencies, including the health agency, social affairs agency and the Regional Disaster Mitigation Agency (BPBD).Read also: Indonesia’s budget to fight COVID-19: What we know so far“The Jakarta administration will increase the budget to handle the outbreak if the outbreak cannot be contained by May,” said Edi.The provincial administration had allocated Rp 54 billion in March to the Jakarta Health Agency for urgent expenditures of handling and preventing the transmission of COVID-19.The budget reallocation was stipulated in a 2019 gubernatorial regulation, which allowed the administration to allocate funds to regional expenditures for urgent matters outside the control of the regional administration.Jakarta also reached out to the Social Affairs Ministry, which agreed to provide Rp 1 million to each affected family for two months.The number of confirmed COVID-19 cases across the capital city has continued to surge, as health authorities had recorded 971 confirmed cases and 90 deaths as of Thursday.Topics :
Asmir Begović definitely left FC Stoke City and is the new member of FC Chelsea! The best BH goalkeeper wrote today on his Twitter account a short message to the fans, teammates, club leaders and the training team of his now former club.He thanked everyone for the unforgettable years in FC Stoke City, and the club from London soon confirmed the transfer as well.He signed a four-year contract, and the details are not published yet.“I am very happy to join FC Chelsea, I feel I can develop here and be an important part of the team. I can’t wait to meet with the team on Wednesday, for the pre-season tour”.Begović indebted the jersey with the number one.(Source: radiosarajevo.ba/ photo klix)
Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Sumner Newscow report â€”Â The following is the Wellington Fall Fest winners for 2014:Fall Fest Winners25thÂ Annual Chili Cook OffFirst place chili- Road Kill CooksSecond place chili- Sterling House of WellingtonSpirit Award- Road Kill CooksPeopleâ€™s Choice- Wellington Fire DepartmentChamber Salsa ChallengeFirst place Salsa- Girl ScoutsSecond place Salsa- The DorePeopleâ€™s Choice- Road Kill Cooks2014 BBQ Cook off WinnersChickenFirst â€“ Johnâ€™s BBQ.Second â€“ T.D.â€™s BBQ.Third â€“ Travelinâ€™ Smoke BBQ.Ribs1st â€“ Travelinâ€™ Smoke BBQ.2nd â€“ Fergâ€™s Pit BBQ.3rd â€“ Johnâ€™s BBQ.Pork1st â€“ Travelinâ€™ Smoke BBQ.2nd â€“ Johnâ€™s BBQ.3rd â€“ T.D.â€™s BBQ.Brisket1st â€“ T.D.â€™s BBQ.2nd â€“ Johnâ€™s BBQ.3rd â€“ Travelinâ€™ Smoke BBQ.Grand Champion â€“ Travelinâ€™ Smoke BBQReserve Grand Champion â€“ Johnâ€™s BBQPeopleâ€™s Choice â€“ T.D.â€™s BBQBarbara Jon’s was the downtown business decoration winner.Downtown business Fall-Fest decoration contest:1. Barbara Johns.Honorable mention: Shawn DeJarnett’s office.Barbara Jon’s decorated store front is a “must see” with Robin Davis providing numerous Crusader artifactsFor more picture of the Chamber events, click here.Follow us on Twitter.