Email ECONOMIST Dr Stephen Kinsella of University of Limerick, has warns that the mortgage problem won’t go away, because we do not have an effective debt resolution system.“People are individually confronting the problem, unfortunately, the court doesn’t seem to be able to come up with a reasonable solution.Sign up for the weekly Limerick Post newsletter Sign Up Advertisement WhatsApp “One of the biggest problems we have is that we don’t have a debt resolution system”.The economist feels that we need to see a change in Irish bankruptcy laws.“It seems to me to be a no brainer. We need to bring it in line with International best practice.“Now we are seeing businessmen flying to the UK to become bankrupt. If someone is bankrupt in one member state, it covers the entire EU”.He believes that if there is another increase in interest rates, more people will slip into arrears.“Mortgage holders are under huge strain and the banks don’t feel like being forthcoming or co-operating.“As interest rates rise in the coming year, more people will be driven into arrears.“There are 44,000 people in arrears and what we’re seeing now from the regulators figures is people moving from interest only, to arrears, to eventual default.“The banks have the Irish borrower underneath their boot and there is no real reason for them to change that’.He is economics adviser to the New Beginning group, a representative group defending mortgage holders.“There has been an overwhelming response, we are receiving hundreds and hundreds of calls.“They are down at the Four Courts everyday providing a really good service. There are very few moments in your life where you are as vulnerable as you are when you face losing your home”.Dr Kinsella described the banks as “very bust” and said that the biggest problem is the time horizon.“Children born now are still going to be dealing with this mess in 15 to 20 years.“For now we need to focus on Europe and hope that debt levels are addressed”. Twitter Facebook Print NewsLocal NewsMortgage problem won’t go away – Dr KinsellaBy admin – April 6, 2011 684 Linkedin Previous articleKnock, knock…this is your Census enumeratorNext articleMunster name squad for Amlin Trip admin
Starbucks, the global coffee shop chain, has made its first foray into baking – with the acquisition of the US-based Bay Bread and its La Boulange bakery brand for $100m.The group has also hired Bay Bread’s owner, French baker Pascal Rigo, in a bid to up the ante in its bakery offering.The company said it hoped the move “will bring the artistry of the French bakery to the marketplace in a similar way that Starbucks brought the romance of the Italian espresso bar to many North American coffee consumers for the first time”.Starbucks said it planned to accelerate the expansion of the company’s retail footprint over time in key US cities to further build a differentiated brand and customer experience unique to the premium retail bakery café category.It made no reference of the brand moving to other parts of the world, such as the UK, Europe or Asia.Howard Schultz, chairman, president and CEO of Starbucks, said. “In La Boulange bakery and Pascal, we’ve found a company and a culinary artist who share our passion for creating premium products, reinventing and elevating an entire product category, and delivering the best customer experience. We looked at opportunities comprehensively when making this acquisition and we believe La Boulange is truly unique in terms of visionary leadership, product taste and quality, brand authenticity, bakery capabilities and potential for growth.”
Brampton: A second round match between Toronto Nationals and Montreal Tigers in the ongoing GT20 Canada was delayed by almost two hours after players protest.According to a ESPNcricinfo report, both sides — Toronto Nationals, led by former India all-rounder Yuvraj Singh and George Bailey’s Montreal Tigers — initially refused to take the bus at the scheduled departure time from the team hotel to the CAA Centre in Brampton over unpaid wages.“The game between Montreal Tigers & Toronto Nationals on Wednesday, was delayed due to procedural issues between the players, the GT20 league, and the franchise owners. All the stakeholders had a meeting and addressed the concerns,” said a press release from the organisers.“Global T20 Canada management is doing their best to popularise the game in North America and as a new entity in cricket, are bound to come across certain hurdles.“On behalf of GT20 Canada, we sincerely thank all the stakeholders, players, and support staff for their constant support and confidence in us. We deeply regret the inconvenience caused to our sponsors, broadcasters, and millions of fans across the globe,” the release read.Global T20 Canada, in a statement on their Twitter handle, stated at 12.40 p.m. local time, that the match had been “delayed due to technical reasons” and announced that it had been pushed back to a 2.30 p.m. local time start from the originally scheduled 12.30 p.m. and that it would remain a full 20-over contest.According to the ESPNcricinfo report, the protest is not limited to these two teams only. The report, quoting sources, said other squads have told team and league owners Bombay Sports Limited that they will refuse to take the field for the playoff stage beginning on Thursday if their unpaid wages are not being paid.When the match started between the two teams, Toronto Nationals posted 189/5 in their stipulated 20 overs and restricted Montreal Tigers to 154 in 19.3 overs, thus winning the match by 35 runs and booked their place in the play-offs. IANS Also Read: Yuvraj Singh Suffers From Unusual Dismissal in Debut GT20 Game
AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita Jason Kandel, (818) 546-3306 [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! BURBANK – The city has received a $1.4 million federal grant for seismic retrofits of aging municipal buildings and infrastructure. The Federal Emergency Management Agency grant will go toward strengthening five Burbank government buildings – the Field Services Administration building, the Police Pistol Range, the Water Reclamation Plant, the Starlight Amphitheater and the Public Works Refuse Locker Room. As part of the grant, the city will contribute about $480,000 to the projects. “I am very pleased by this news,” Sen. Dianne Feinstein, D-Calif, said in a statement. “The federal government has an important responsibility to help local municipalities safeguard their critical infrastructure before disaster strikes. These funds will ensure that vital federal resources are available to protect our communities.” Burbank is one of three California cities and one county getting a total of $8.7 million. The others are Santa Clara County, San Francisco and San Diego.
Share Facebook Twitter Google + LinkedIn Pinterest By Kyle Poling, Pioneer Field Agronomist, Ada, OhioPhysiological maturity of a soybean seed occurs when the seed has completely lost all green color and turns yellow. At this point grain moisture is still over 50%, but a harvestable moisture of near 13% can be reached in as little as two weeks under good drying conditions. In order to time harvest perfectly, it is necessary to monitor soybean drying very closely. At full maturity (R8), 95% of pods have reached their mature pod color. At the R8 growth stage, only five to 10 good drying days are needed before harvest. Begin checking grain moisture before all the leaves have dropped off all the plants as various stresses can cause soybeans to retain some leaves. It is not uncommon to see a few green leaves and stems on some plants after the pods are fully ripe and the soybeans are dry enough for harvest.Soybeans should be harvested the first time they reach 13% to 14% moisture. Moisture above 13% will incur a price discount, but moisture below 13% results in less weight at the elevator. What is the cost in lost yield from shrink when soybean moisture levels get down to 10% or less? Delivering soybeans at 12% moisture is a 1.14% yield loss; at 10% moisture there is a 3.3% yield reduction. If a field of soybeans yields 60 bushels per acre at 13% moisture, but if harvest moisture is at 10% moisture than the amount of bushels sold will be reduced by 2.3 bushels per acre from just the moisture shrink. Additionally, when harvest is delayed, a number of potential losses may occur, including increased tendency to shatter.Several factors affect the rate at which crops develop — photoperiod, heat, moisture, and fertility. Heat and photoperiod are the two primary factors influencing soybean maturity. Soybeans are considered short-day plants, meaning that physiological development is accelerated as daylength shortens. However, the rate of maturity is sped up by hotter temperatures and slowed down by cooler weather. Soybeans can compensate for stresses/shortcomings that occur during early to mid-reproduction provided ample sunlight, adequate temperatures, and soil moisture is available. Favorable late-season temperatures (not too hot) and rainfall during late stages of development (R5 to R6) can create larger seed weight by extending the seed fill duration.For corn, the reproductive stages last for approximately 65 days. Nearly half of this time during reproduction is spent in the dent stage (R5). At the beginning of R5, the kernel has accumulated about 45% of its total dry weight. Kernels will begin to “dent” as the soft dough at the top of the kernel begins to be convert into a solid starch. A visible “milk line” on the kernel marks the progression of the solid starch formation as it moves from the kernel cap towards the kernel tip.Stress during the R5 growth stage can reduce the time for additional starch accumulation thereby reducing yield potential. At the beginning of dent stage approximately 60% of yield potential has been reached. At growth stage R5.5 (50% kernel milk) nearly 90% of a corn plant’s yield is final. Visual signs of stress that are speeding crop maturation and negatively impacting yield include leaf firing, ears prematurely tipping over, or plant top die-back from anthracnose stalk rot. Physiological maturity, also known as black layer (R6), is complete when an abscission layer forms at the base of the kernel eliminating further dry matter accumulation.Kernel drying following black layer is entirely due to evaporative moisture loss. In standing corn, kernel moisture loss requires approximately 30 GDUs to remove 1% of grain moisture between 30 and 25% moisture. As corn continues to dry down, approximately 45 GDUs are needed to remove each moisture point between 25% to 20% moisture. When weather conditions are warm and dry, corn may lose 1% of grain moisture per day, but during periods of cool and/or wet weather moisture loss may be minimal. Hybrid characteristics such as husk leaf coverage, husk leaf senescence, ear angle, and kernel pericarp thickness can affect drydown. Corn that matures earlier will dry down faster due to more favorable drying conditions early in the harvest season. Later maturing corn has fewer warm days to aid in drying thus will dry down at a slower rate.
[vsw id=”UXkTDMvEUX8″ source=”youtube” width=”425″ height=”344″ autoplay=”no”]By: Kelly RanckRappelling after a Tree ClimbConsider yourself an adrenaline junkie? Crave physical and mental challenges that include long days of geocaching with “Gear, fear and fun?” If so, Extreme Multi-Caches are your speed. Watch the Geocaching.com Presents video “Extreme Multi-Caching” to experience extreme caching from the comfort (and safety) of your home.If you’re new to geocaching, a Multi-Cache is a cache that involves two or more locations. An extreme Multi-Cache challenges geocachers to go to their physical limits. The caches are often best enjoyed with an experienced group of geocaching friends. Each location of a Multi-Cache leads to the next, often involving a puzzle of sorts, until you discover the final, physical container.In the case of Jonathan Burns’ (lefalaf) and Thomas Solly’s (weatherguy726) Extreme Multi-Cache An Extreme Tour of Centralia!, much more than a sense of adventure is required. In this Geocaching.com Presents video ‘Extreme Mulit-Caching’, lefealaf and weatherguy726 are joined by four other geocachers- Dwight Kempf (Clancy’s Crew), Rob Campbell (Sandcast69), Eric Schott (GoHangASalami), and Jeff Kaye (The K-Team). The group wakes up at six am to head to the uniquely dangerous city of Centralia, Pennsylvania. Centralia is a ghost town where steam spews from cracked roadways. An underground coal mine fire has been burning under Centralia since 1962.Extreme Multi-Cache RappellingAs the geocachers ascend and rappel up and down trees, scale rocky cliffs, and crawl into deep caves, you will see how this energetic group attempt this five star difficulty/five star terrain twelve stage Extreme Multi-Cache. The cache takes most groups more than ten hours to complete.The group shows how to experience Extreme Multi-Caches the safe way while challenging your basic human fears such as heights, tight spaces, and bugs (of sorts).Because Extreme Multi-Caches require working in a team, they are also a great way to build community. The cache page reads, “Like all caches of this type, this cache is best designed to be shared with a group of friends.”Extreme Multi-Cache CavingWatch the video to learn more about what it takes to complete an Extreme Multi-Cache. For more Extreme Caching information, visit Extreme-Caching.com.Share with your Friends:More SharePrint RelatedGeocaching on the River – Geocaching.com PresentsAugust 2, 2012In “Community”This is My Hobby – Rock Climbing and GeocachingJune 7, 2012In “Community””Stadt im Wald” GC17K3A GEOCACHE OF THE WEEK – June 6, 2011June 6, 2011In “Community”
Jaipur, Jun 17 (PTI) Rajasthan Congress president Sachin Pilot today took a dig at the ruling BJP leaders, saying they should take care of issues concerning peasants and common people rather than posing for fitness challenges. It is unfortunate that two farmers have committed suicide recently in Hadoti region and the “insensitive state BJP government” is responsible, he said. “From the prime minister to state leaders, all are accepting fitness challenges, but they should accept other challenges as well,” he said in a statement. He said that Chief Minister Vasundhara Raje should accept a challenge to take measures to stop farmers’ suicide. Pilot said that hundreds of farmers have committed suicide in the state due to debt burden. Though the state government has announced loan waiver of up to Rs 50,000 for peasants in the election year, the amount is a drop in the ocean and the government has failed to arrange Rs 8,000 crore to waive loans. He claimed that nine farmers have committed suicide in the past month in Raje’s home turf Hadoti. Union Sports minister Rajyavardhan Singh Rathore had launched the #HumFitTohIndiaFit campaign in May, underlining the importance of staying fit. PTI AG SMNSMN
Idukki (Ker): A one-year-old toddler had a miraculous escape as she accidentally fell off a moving jeep on a road inside a dense forest here and crawled to a nearby check-post in Rajamala, police said on Monday. The girl child, sitting on her mother’s lap, fell off the vehicle on Sunday night after her parents, exhausted by the journey, had dozed off. They had travelled several kilometres when they realised that the child was missing, officials said. Also Read – India gets first tranche of Swiss bank a/c detailsWildlife officials at the check-post heard the child’s cries and found her on a forest path which is often used by wild animals, including elephants, they said. The baby suffered minor injuries to her face and forehead due to the fall. She was taken to a nearby hospital, where first-aid was administered, and the police were informed, the officials said. CCTV visuals of the check-post which showed the baby falling off the jeep and crawling to safety have now gone viral on social media. After completing the necessary formalities, the child was handed over to the parents at around 1.30 am on Monday, Santhosh K S, Sub-Inspector, Munnar, said.