Goldman to take £1m cap off London awards after 2010 cuts

first_img Goldman to take £1m cap off London awards after 2010 cuts Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Sunday 9 January 2011 11:04 pm Show Comments ▼ whatsappcenter_img whatsapp Share KCS-content More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org GOLDMAN Sachs is said to be planning a bonus round of $13bn (£8.4bn) this year, a drop on last year’s pool to reflect an anticipated fall in profits.The bank, which employs 35,000 people globally, imposed a £1m cap on bonuses for its London employees last year, but is not likely to keep the limit in place this year.However, the bank’s London workers will still have to comply with new European regulations on pay that require at least half of any bonus to be in non-cash instruments, and for most of it to be deferred and paid out over several years. Last year was tough for investment banks, with little mergers and acquisitions activity to generate fees income. European equity deals have been charged at two per cent.Bloomberg data shows that Goldman earned $213m in fees from lending shares last year, with an average fee of 1.8 per cent. It gained the top spot in Bloomberg’s table versus its investment banking rivals.The scarcity of equity deals has led banks like Goldman to seek out primary market business for non-public firms, such as its $1.5bn capital-raising initiative for Facebook. last_img read more

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Is investing in dividend stocks a good idea?

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. If you’re not comfortable picking individual dividend stocks yourself, you could invest in a fund that pays dividends.  Is investing in dividend stocks a good idea? In conclusion, investing in stocks can be a very effective way of building wealth over the long run. When you consider the low interest rates offered on savings accounts right now, I think investing in shares that pay dividends is a smart idea.  Be cautious with companies that have really high dividend yields (7%+). This can be a sign that the company is in trouble. Edward Sheldon, CFA | Thursday, 16th January, 2020 Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Edward Sheldon, CFA Dividend yield isn’t the only thing to focus on. A company with a lower yield that is growing its dividend payout at a fast pace could turn out to be a better investment than a company with a high yield, growing its payout at a slow pace. center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Focus on companies that are growing their dividends. Studies have shown that these companies tend to produce the highest total returns (dividends and capital appreciation) over time. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Always make sure you diversify your capital over many different companies. This will help reduce your risk. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Edward Sheldon owns shares in GlaxoSmithKline. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. In the current low-interest-rate environment, in which savings accounts are paying minimal interest, many people are looking for new ways to boost their wealth. Dividend stocks, which often offer yields of 5% or higher, have become popular.Is investing in dividend stocks a good idea though? Let’s take a look at some of the advantages and disadvantages of investing for dividends. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…AdvantagesDividend stocks certainly offer investors many benefits.For starters, with such shares, you have two potential sources of profit. You can profit from both the dividends you receive and any capital gains from rising share prices.For example, consider the popular share GlaxoSmithKline. Over the last year, it’s paid a dividend of about 5%. However, its share price has also risen around 23%. That means that if you’d bought the shares one year ago, your total gain for the year would have been around 28%, which is a fantastic return.Another advantage of these stocks is that they allow you to compound your investment returns, which is the key to building wealth. For example, had you taken your GlaxoSmithKline dividends and reinvested them, you’d receive more dividends in the future.Additionally, investing in dividend stocks is a very easy way to build a passive income. When you own them, you get paid on a regular basis for doing absolutely nothing.Finally, companies that pay dividends are generally well established businesses that have reliable earnings and financial strength. As a result, their share prices tend to be a bit less volatile than the share prices of growth companies during periods of stock market turbulence.DisadvantagesOf course, like any investment, they have their disadvantages.First, you can lose money if share prices fall. Unlike when you put your money in a savings account, your capital is at risk.Second, the share prices of stocks fluctuate from day to day. This means that the value of your investment will rise and fall constantly. You need to be comfortable with these fluctuations.Third, dividend stocks are a long-term investment. They’re not suitable for those who are saving for short-term goals.5 dividend stock investing tipsIf you’ve considered the advantages and disadvantages above, and concluded that investing in dividend stocks could be a good idea, here are some quick tips: Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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3 cheap UK shares I’d buy before the Stocks and Shares ISA deadline

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Royston Wild Royston Wild | Friday, 5th March, 2021 | More on: DLG Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The clock’s ticking! UK share investors have just over a month to max out their Stocks and Shares ISA allowance of £20,000 for the current tax year, if they’re able to. Allowances can’t be rolled over beyond April 5. Of course, if I still had some cash to spare and hadn’t used my full allowance, I wouldn’t need to buy UK shares as soon as I transferred money into my Stocks and Shares ISA. I can choose to use that money to buy stocks days, weeks, maybe even months into the future if I want to. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This is not to say that now’s not a great time to buy shares though. Here are a few cheap UK stocks I think are great buys for ISA investors like me today.Metals mammothGold miner Centamin offers plenty of all-round value at current prices. City analysts think annual earnings here will rise 15% in 2021, leaving the company trading on a price-to-earnings (P/E) ratio of just 11 times. Meanwhile, a forward dividend yield of 6% smashes the broader average of 3.5% for UK shares to smithereens.That said, I can’t ignore the fact that a healthy economic recovery could hammer prices of safe-haven assets like gold that tend to prosper in uncertain times. But I think this might be offset by rising fears that global inflation is about to spike, damaging the value of traditional paper currencies. I’m also encouraged by the steps this UK mining share is making to boost production over the next few years.Another top UK dividend shareI think that Direct Line Insurance Group (LSE: DLG) offers plenty of value to ISA investors like me too. The general insurance provider’s 7.2% dividend yield for 2021 is the real show-stopper here. A forward P/E ratio of 13 times meanwhile makes it cheaper on paper than some of its rivals like Admiral and Sabre Insurance.City analysts reckon earnings at this UK stock will rise 8% in 2021. This reflects the steps the firm is taking to reduce costs and improve the performance of its brands other than Direct Line itself on price comparison websites. Bear in mind, though, that the nature of its business means that profits forecasts can take significant whacks on unforeseen events. Covid-19 caused a spike in travel-related claims at Direct Line last year. Other events, from terrorist attacks to weather-related incidents, can take a big bite out of the bottom line too.A cheap FTSE 100 stockFinally, I think WPP offers very good value at current prices as well. The FTSE 100 company trades on a sub-1 price-to-earnings growth (PEG) ratio of 0.5 and sports a 3.8% dividend yield for 2021.Marketing budgets are extremely sensitive to the broader economic environment. Thus a lumpy recovery from the Covid-19 crisis could derail City expectations that WPP’s earnings will rise 26% this year. However, I’d still buy this UK advertising share on its solid long-term profits outlook. I’m particularly encouraged by its efforts to embrace the digital arena (this week it acquired mobile commerce specialist NN4M to bolster its e-commerce credentials even further). Image source: Getty Images. Simply click below to discover how you can take advantage of this.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Admiral Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. 3 cheap UK shares I’d buy before the Stocks and Shares ISA deadlinelast_img read more

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Video: Presiding Bishop calls for prayer in response to Paris…

first_img Rector Albany, NY Youth Minister Lorton, VA Submit a Job Listing Associate Rector for Family Ministries Anchorage, AK Assistant/Associate Rector Morristown, NJ Presiding Bishop Michael Curry, Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Canon for Family Ministry Jackson, MS Rector Knoxville, TN Video Director of Music Morristown, NJ Director of Administration & Finance Atlanta, GA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Curate Diocese of Nebraska Rector Bath, NC Comments are closed. Submit an Event Listing Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Shreveport, LA Posted Nov 14, 2015 Submit a Press Release Bishop Diocesan Springfield, IL Priest-in-Charge Lebanon, OH New Berrigan Book With Episcopal Roots Cascade Books Rector Hopkinsville, KY Tags Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Cathedral Dean Boise, ID Rector and Chaplain Eugene, OR Rector Smithfield, NC Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET center_img [Episcopal Church Office of Public Affairs] Episcopal Church Presiding Bishop and Primate Michael B. Curry has released a video statement calling people to prayer in response to the violence in Paris, France. Assistant/Associate Priest Scottsdale, AZ Featured Jobs & Calls In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Associate Rector Columbus, GA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Collierville, TN Featured Events Priest Associate or Director of Adult Ministries Greenville, SC Associate Priest for Pastoral Care New York, NY November 15, 2015 at 8:42 pm Thank you Bishop Michael. That was a good statement and prayer. Just what was needed. Rector (FT or PT) Indian River, MI Father Mike Waverly-Shank says: Rector Belleville, IL Rector Washington, DC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Family Ministry Coordinator Baton Rouge, LA Rector/Priest in Charge (PT) Lisbon, ME Rector Martinsville, VA Course Director Jerusalem, Israel Comments (1) Assistant/Associate Rector Washington, DC Video: Presiding Bishop calls for prayer in response to Paris violence Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Missioner for Disaster Resilience Sacramento, CA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Curate (Associate & Priest-in-Charge) Traverse City, MI Press Release Service AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Pittsburgh, PA Rector Tampa, FLlast_img read more

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Bower Market Strategy Report: A Sideways Trade Until Spring

first_img By Gary Truitt – Feb 26, 2017 Bower Market Strategy Report: A Sideways Trade Until SpringThe talk in the market last week was the new acreage estimates from the USDA. Jim Bower, with Bower trading, says there were not a lot of surprises in the numbers, “If there was a surprise it was that there were no big surprises. The market had been anticipating and trading the lower corn, higher soybean acres for weeks.” Bower added, historically, these numbers change significantly once spring arrives, “A truer number will be the perspective plantings report that will be released on March 30.”Bower says right now the market seems to be ready to trade in a sideways manner for a while, “I think the market wants to settle down and see how things develop as we closer to spring.” He feels the market has dialed in the current South American weather situation and harvest potential.For more information, contact Bower Trading at 1-800-533-8045.This material has been prepared by a sales or trading employee or agent of Bower Trading Inc and is, or is in the nature of, a solicitation. This material is not a research report prepared by Bower Trading Inc. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.  PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS.  TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Bower Trading Inc believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades SHARE Bower Market Strategy Report: A Sideways Trade Until Spring Facebook Twitter Previous articleHouse Ag Committee Chairman to Speak at Commodity ClassicNext articleIndiana State Officers Log Thousands of Miles During FFA Week Gary Truitt SHARE Facebook Twitter Home Indiana Agriculture News Bower Market Strategy Report: A Sideways Trade Until Springlast_img read more

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Hair Today, Gone…

first_imgHome of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena 13 recommended0 commentsShareShareTweetSharePin it Benefits Hair Today, Gone… St. Baldrick’s Day event raises money and hope for young cancer patients STAFF REPORTS Published on Thursday, March 20, 2014 | 12:54 pm More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. First Heatwave Expected Next Week Make a comment faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy HerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautycenter_img Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Name (required)  Mail (required) (not be published)  Website  Top of the News Subscribe Community News The 13th annual St. Baldrick’s Day event at Matt Denny’s restaurant in Arcadia last night drew an overflow crowd of supporters and friends, once again for a great cause. Since its inception, the national evening has raised over $500,000 for childhood cancer research at Matt Denny’s alone. Since 2002, more than 1000 heads—men, women, boys and girls— have been shaved in solidarity with young cancer patients who lose their hair through chemotherapy and other cancer treatments.“We want to show kids who don’t have a choice in losing their hair, that we are standing with them,” said Traci Shirk, media manager for the St. Baldrick’s Foundation office in Monrovia. “Many people don’t really understand childhood cancers, and this is a way to start that conversation,” she added.Each participant raised funds individually through family and friends, to donate to the event.Midway through the evening last night, the event had raised over $60,000, according to Shirk, putting them on track to best last year’s achievement of $63,000.As an added treat, supporter Jeff Reas was “knighted” by three young City of Hope cancer patients, for having participated in seven consecutive St. Baldrick’s events.last_img read more

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NYC’s Continuing Fight Against Zombie Properties

first_img Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / NYC’s Continuing Fight Against Zombie Properties in Daily Dose, Featured, Loss Mitigation, News Subscribe New York City received $500,000 in funding for a new team that will focus on cracking down on zombie properties that have been abandoned and are in foreclosure, according to PIX11. New York City Neighborhoods CEO Christie Peale said zombie homes not only bring down property, but frustrate neighboring homeowners. “I want this to be affordable home ownership,” said Peale.Lelia Bozorg, deputy commissioner of housing preservation and development, said zombie homes are in “every neighborhood,” especially ones hit hard by the foreclosure crisis. She estimates the city has as many as 4,000 zombie properties. “What we are able to do is hold the banks accountable, maintaining these properties while they are in limbo during the foreclosure process,” said Bozorg.New York in 2016 was empowered by a zombie property law that requires financial institutions to inspect properties delinquent on foreclosures. The city’s first zombie team was created in 2017.Despite this new-found funding, Republican lawmakers from New York question the impact of a recent bill passed by the state’s senate and assembly. The Post-Journal reported the bill, which was sponsored by Assemblyman William Magnarelli, D-Syracuse, stipulates that if a property has been deemed vacant, a municipality can begin a legal proceeding to compel banks to begin foreclosure within three months and meet all deadlines to make sure the case is resolved within a year.The bill adds that if a foreclosure case on the abandoned property has begun, the bank must file the necessary motions and within three months file paperwork to move the case to judicial foreclosure or issue a certificate of discharge within three months and file a satisfaction of the mortgage with the appropriate local offices.Republicans also raised issues related to the Community Reinvestment Act and the state’s Mortgage Foreclosure Prevention Act that would be impacted by the passage of this bill, according to The Post-Journal. The report quoted Assemblyman Andrew Raia, R-Northport asking if banks would be able to meet the timelines laid out for them in the Zombie Property Remediation Act while living up to the Mortgage Foreclosure Prevention Act, especially given that New York has the longest foreclosure process in the country. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Mike Albanese August 12, 2019 1,561 Views Sign up for DS News Daily center_img The Best Markets For Residential Property Investors 2 days ago NYC’s Continuing Fight Against Zombie Properties Share Save Previous: HUD Invests in Small Distressed Communities Next: Why are Homeownership Rates Falling? The Week Ahead: Nearing the Forbearance Exit 2 days ago Zombie Foreclosures Zombie Properties 2019-08-12 Mike Albanese Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Tagged with: Zombie Foreclosures Zombie Propertieslast_img read more

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Why Maharashtra Governor Hasn’t Decided On Nominations To Legislative Council? Bombay High Court Asks

first_imgTop StoriesWhy Maharashtra Governor Hasn’t Decided On Nominations To Legislative Council? Bombay High Court Asks Sharmeen Hakim21 May 2021 9:06 AMShare This – xThe Bombay High Court has sought an explanation on why the Governor has still not decided on the nomination of members to Maharashtra’s Legislative Council (MLC), despite the 12 names submitted by Council of Ministers on November 6, 2020. The division bench of Justices SJ Kathawalla and SP Tavade also asked the State to set out by when the Governor would consider the nominations and dispose of the matter. Advertisement “We direct respondents to file an affidavit in reply setting out reasons for not acting on the representation submitted to the Hon’ble Governor of Maharashtra by the Council of Ministers for nomination to the Maharashtra Legislative Council under Article 171 (2) (e) and 171 (5) of the Constitution of India, and by what time the submission of the council of ministers, November 6, 2020, will be considered and disposed of,” the bench ordered. Advertisement “He must decide it either way. There is something he has to do. He can’t keep it in his drawer, not to see the light of day.” Justice Kathawalla said in an off the cuff remark after the order was passed on a PIL.Advocate Gaurav Srivastav for the petitioner, activist Ratan Soli Luth, submitted that main issue behind the Governor not taking a decision, is the tussle between the Governnor and the State. Advertisement Advertisement He pointed out that in other States, the decision was taken within a day. The plea alleges that Governor, in breach of his constitutional obligation, failed to act on the recommendation of the Council of Ministers and has till date not nominated said 12 members to LC. The petition notes that, “Article 171(5) establishes that the object and purpose of such members to be nominated by the Governor to the LC was that the Council would have the benefit of nominees having special knowledge or practical experience in the fields of literature sceience, art, and social service.”Advertisement Advertisement Advertisement “The hon’ble Governor’s malafide, unconstitutional, arbitrary omission in not making the nominations on the basis of and in accordance with the recommendations made by the Council of Ministers, deprives the LC of the benefit of such nominees having special knowledge. The Hon’ble Governor’s wrongful failure to make such nominations to the LC.. also necessarily affects all citizens of the State of Maharashtra in as much as it deprives the LC of this constitutional provision,” the plea further notes. State’s counsel Geeta Shastri then said that if directions are sought against the Governor, the Secretary to the Governor should be made a party. The bench then passed the order seeking an explanation from the State and asked petitioner to make the required amendment to the petition. Tags#Bombay High Court Maharashtra Governor Maharashtra Justice SJ Kathawalla Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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Ion cyclotron absorption at the second harmonic of the oxygen gyrofrequency

first_imgThe ray paths of unstable electromagnetic waves generated inside the plasmapause during magnetic storm conditions are followed using the HOTRAY code. Unducted waves which are preferentially generated in the field aligned direction are rapidly refracted to large wave normal angles. At frequencies between the Oxygen and Helium gyrofrequencies the waves reflect once their frequency falls below the bi‐ion frequency and the waves subsequently bounce back and forth across the equator. The wave energy is ultimately absorbed by Landau resonance with plasmaspheric electrons or by second harmonic cyclotron resonance with thermal Oxygen; the latter being an important effect which has not previously been considered. Both processes may provide a significant heating mechanism for either population during storms.last_img read more

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Quasi-biennial oscillation effects in the semidiurnal tide of the Antarctic lower thermosphere

first_imgA continuous 37-year record of the geomagnetic field from Argentine Islands Geomagnetic Observatory at Faraday research station (65°S, 64°W), Antarctica, has been analysed to reveal a 27-month periodicity in the amplitude of the semidiurnal Sq variation in the H-component significant at the 98% level. This indicates the presence of a periodicity in the strength of the semidiurnal tide at dynamo region altitudes matching that of the quasi-biennial oscillation (QBO) classically observed in the zonal stratospheric winds at equatorial latitudes. It adds to similar observations (Olsen, 1994) which demonstrated such an effect in the diurnal Sq range at near-equatorial latitudes but which showed no evidence for its presence at mid-latitudes. Faraday research station is in a uniquely advantageous geophysical location for such geographically high-latitude observations.last_img read more

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