Canadian dollar shoots higher on back of Keystone pipeline optimism

TORONTO — The Canadian dollar charged ahead Monday amid optimism that the controversial Keystone XL pipeline will get U.S. approval.The loonie rose 0.58 of a cent to 90.36 cents US since the pipeline would boost shipments from the oil sands and give a lift to the Canadian economy.The U.S. State Department said Friday that the proposed TransCanada pipeline would produce less greenhouse gas emissions compared with transporting oil to the Gulf of Mexico by rail.It also said the industry is driven by too many factors to pin everything on a single pipeline — an apparent rejection of the argument by environmental groups that stopping Keystone XL would thwart the oil sands.“This is likely to sway Secretary of State Kerry to provide a favourable recommendation to President Obama on the construction of the pipeline, which will provide added capacity for Canadian oil to flow into the U.S.,” observed Camilla Sutton, chief FX strategist for Scotiabank.There was also a positive outlook on the Canadian economy from the International Monetary Fund.The IMF expects the Canadian economy will grow 2.2% this year, which is up from an estimated 1.7% in 2013.Meanwhile, emerging market worries also weighed on financial markets as data showing a slowdown in Chinese manufacturing added to concerns about countries such as Turkey, South Africa and India, all of which had to hike rates last week to support their currencies.These countries and others have been hit by an outflow of investor funds as the U.S. Federal Reserve cuts back on its massive monthly bond purchases, a move that kept long-term rates low and resulted in a flow of cheap money into those markets.But the primary worry is that weaker growth in those countries could drag down developed markets.China’s official purchasing managers’ index showed the manufacturing sector continuing to expand during January but at a slower pace, coming in at 51.5, down from 52.5 in December. Any reading above 50 signals expansion.Other data showed a larger than expected dip in the pace of growth in the American manufacturing sector. The Institute for Supply Management said its January manufacturing index dropped to 51.3 during January, down from 56.5 in December.In Canada, Royal Bank’s purchasing managers index also pointed to a weak start to 2014 for the Canadian manufacturing sector. The January index came in at 51.7, down from 53.5 in December.Traders also looked to the release Friday of the December employment report for Canada.Statistics Canada was expected to report the economy created about 15,000 jobs after 44,000 positions were erased in December.Commodity prices were unaffected by the Chinese data as HSBC’s manufacturing report from last week had already braced investors for another indication of a slowdown in the world’s second-biggest economy.March crude in New York dipped dropped 91 cents to US$96.58.March copper was down a cent to US$3.19 after falling about 2.25% last week while risk averse investors pushed April gold up $24 to US$1,263.80 an ounce. read more

Big pot bust in Hamilton

Six people from Hamilton have been arrested, after a million dollar drug bust.On Tuesday, Hamilton police seized over $1.5 million worth of marijuana from a property in the east end. Police say they found tens of thousands of dollars worth of grow-op equipment, a thousand pot plants, 70 pounds of processed marijuana as well as mushrooms and hash oil. They also found a second, related grow-op in a home downtown with close to 400 plants.00:00:00 | 00:00:00::Projekktor V1.3.09

Jameis Winston Is A Better Quarterback Than Ryan Fitzpatrick

Fitzpatrick runs betterExpected points added on quarterback rushes quarterbackPer Pass PlayAiryards after catchSuccess Rate James Winston+0.22+0.82-0.6049.30% Atop their quarterback depth chart, the Tampa Bay Buccaneers have a 24-year-old former No. 1 overall pick who won the Heisman Trophy and was handed the keys to the franchise just a couple of years ago. Behind him, they have a 35-year-old journeyman — playing on his seventh team — who is most notable for going to Harvard and having a massive beard.This is not a team that’s supposed to have a quarterback controversy in Week 3. But that’s the reality in Tampa right now.Ryan Fitzpatrick has led the Buccaneers to a surprising 2-0 record to start the season, including wins at New Orleans and against reigning Super Bowl champion Philadelphia. He has been nothing short of brilliant filling in for the suspended Jameis Winston, throwing for 819 yards, eight touchdowns and just one interception. With Winston set to return from suspension after Week 3, Bucs head coach Dirk Koetter won’t commit to either player as his starter. Meanwhile, wide receiver DeSean Jackson is on the record saying that Fitzpatrick should keep his job when Winston returns, arguing that the Bucs need to ride the hot hand.Fitzpatrick’s hand has certainly been hot to open the season. His 13.4 yards per attempt leads the NFL, as does his 15.3 adjusted yards per attempt, a stat that incorporates touchdowns and interceptions. It’s the most dominant two-game start to a season1For a quarterback with at least 40 total attempts. since 1972, when Joe Namath threw for 14.5 yards per attempt and 15.7 adjusted yards per attempt in two wins for the Jets.Koetter and the Buccaneers will be faced with a difficult political environment in the locker room if they choose to bench Fitzpatrick in favor of Winston after Jackson’s comments. But what do the numbers say? Should Tampa Bay ride the hot hand or sit Fitzmagic and hand the team back over to Winston?We’ll start by comparing career numbers — they provide the largest sample size and the least noise. Winston has a career yards per attempt of 7.5, well above the league average of 7.1,2Since 2009. while Fitzpatrick is slightly below average at 6.8 yards per attempt. Both quarterbacks’ career touchdown rates are similar (4.5 percent for Winston vs. 4.4 percent for Fitzpatrick), as are their sack rates (5.8 percent for Winston vs. 5.4 percent for Fitzpatrick). Winston appears to take better care of the ball than Fitzpatrick does (2.8 percent interception rate for Winston vs. 3.3 for Fitzpatrick), but interception rate is a notoriously noisy stat, so drawing firm conclusions about who is truly better is difficult.These metrics lack context though. Perhaps a better way to compare their performances is using expected points added, which take into account down, distance and field position. Using the EPA model developed by Ron Yurko, Sam Ventura and Maksim Horowitz and play data from Elias Sports Bureau, I calculated the expected points added per pass play for both Winston over his career and Fitzpatrick since 2009.3The first year for which the data is available. I separated passing EPA into points added through the air and points added through yards after the catch. Finally, I calculated the percentage of passes that were positive EPA plays, also called success rate. Success rate is the share of plays in which a team picks up the yards needed to stay “on schedule” for a first down.4Which typically means gaining at least 4 yards on first down, 4 on second down and 2 on third down. Source: Elias Sports Bureau Winston’s passes are more effectiveExpected points added per pass — broken down by air yards and yards after catch — plus the success rate of each pass play Expected points added (epa) So while Winston is pretty clearly the better passer, there are legitimate reasons to prefer Fitzpatrick. The problem is that those reasons just aren’t terribly compelling. Having a 30-something QB — one who is not even known to be very fast — scramble for first downs is probably not going to be an integral part of the Tampa Bay game plan moving forward. Monken and Fitzpatrick have been great so far this season, but they’ve also been lucky. Passes that travel 25 or more yards downfield are worse than a 40 percent proposition across the league, and 95.7 percent of NFL passes go for less than 30 yards in the air. Optimizing for rare plays with a low probability of being caught probably isn’t wise.Finally, the way a quarterback plays in his first two games has almost no bearing on how he will perform over the rest of the season. (Sorry, Patrick Mahomes.) Using game-level passing data from Armchair Analysis from 2000 through 2017, I looked at how well a quarterback’s yards per attempt in the first two games of the season matched his rest-of-season numbers, and the first two games weren’t predictive.6Yards per attempt in a player’s first two games explains just 8 percent of the variance in the player’s rest of season yards per attempt. R-squared 0.082, n = 766 player seasons Basing your decisions on a two-game sample at the start of the year is deeply unwise, hot hand or not.The Buccaneers have one more week to evaluate Fitzpatrick’s play — and so will America, as Tampa takes on Pittsburgh in Monday Night Football. If Fitzpatrick has a poor game, it will likely make it easier for Koetter to decide to play Winston in Week 4. If Fitzpatrick has another solid game, there will likely be grousing in the locker room if he’s taken off the field, but it’s very likely the correct decision. Monken has shown the ability and creativity to maximize the talents of his players, and the Tampa Bay receiving weapons will be best served in the long run by having Winston under center.Check out our latest NFL predictions. We can also see that across most other depths of target, Winston is the superior passer, consistent with our previous metrics. Still, Monken has been smart with Fitzpatrick, calling deep plays early that take advantage of Fitzpatrick’s strengths, and it has paid off handsomely.Another area in which Fitzpatrick is superior to Winston is an unexpected one: QB scrambles. Despite being 10 years older, the journeyman completely outclasses the youngster when pulling the ball down and running. Jameis Winston-0.01 quarterbackRush EPA As a passer, Winston is worth almost twice as many points per play as Fitzpatrick is, and Winston is 4.2 percentage points more successful at keeping his team on the field with his arm. And while EPA per play from yards after the catch is negative for both players, Fitzpatrick has probably been helped more by his receivers than Winston has.In each of the first two games of the season, Tampa Bay offensive coordinator Todd Monken dialed up a deep pass attempt early. On the fourth offensive play of the game against New Orleans, Fitzpatrick threw the ball 38 yards in the air to DeSean Jackson, who then ran 20 yards after the catch for a touchdown. On the first offensive play of the game against the Eagles in Week 2, Fitzpatrick completed another long pass — 35 yards deep to Jackson, who then rumbled 40 yards after the catch, again for a TD. Those two plays account for two of Fitzpatrick’s eight touchdowns and 16 percent of his passing yardage on the year — and 45 percent of those yards were Jackson running after the catch.Apportioning credit for yards in football is notoriously difficult. If we plot Fitzpatrick’s career completion percentage by depth on plays in which he faced no pressure5Work by Eric Eager has shown that QB performance from a clean pocket is more stable and predictive of future performance than when a QB is pressured. and compare it with both Jameis Winston and the league average, we can see that Fitzpatrick is actually quite good on deeper throws. Ryan Fitzpatrick+0.16 Source: Elias Sports Bureau Ryan Fitzpatrick+0.12+0.60-0.4945.10 read more

IBM can figure out your personality from just 200 tweets

first_imgThe folks who built Watson now have a system that can accurately determine your personality from what you share with your Twitter followers. And they can do it from as few as 200 tweets.IBM researchers Michelle Zhou says the algorithm needs between 2500 to 3000 words to figure you out.Where’s this new IBM tech heading? A little Watson-powered in-home psychiatric help, perhaps? It’s a possibility. A better possibility is that corporations will be able to more accurately target us with their advertising after analyzing our tweets.As Zhou noted in an interview with VentureBeat, “You can’t ask a customer something like, ‘Welcome to my store. Would you like to take a personality test?” Retailers would like to, though, because our personalities heavily impact our decision-making process.Zhou says it’s the next logical step beyond behavioral analysis. Amazon can do a pretty good job of figuring out products you’re interested in base on the things you buy and browse. But it could get even better at making suggestions if its system understood the inner workings of our personalities.The Twitter data is right out there for IBM to analyze — tens of millions of users have been posting their thoughts for all to see. That’s given IBM all the data it needs to prove the accuracy of its analysis, which Zhou says is right up there with traditional written personality tests.And who knows? Maybe IBM will team up with Google to make sure that the products you’re unwittingly endorsing with your own face are actually things that you’d really like. That’d be a good thing, right?last_img read more

Maurice McCabe says he probably wouldnt do it again

first_img GARDA WHISTLEBLOWER MAURICE McCabe says he would be unlikely to highlight Garda malpractice again if given the chance.In an exclusive interview with the Anglo-Celt’s Sean McMahon, McCabe spoke about his treatment since he highlighted problems in the Cavan region.He told the paper that what he claims is a Garda campaign to smear him, now subject to a tribunal of inquiry, would make him hesitant to do the same again. Feb 16th 2017, 12:01 PM Anglo Celt: Can you make any comment about how it impacted on your lives?Maurice McCabe: Eight years of abuse – eight years of constant abuse.Anglo Celt: It’s been rough on you and all the family – not easy to live with Maurice?Maurice McCabe: No, Sean. We just want it to finish and let us go back to live our lives, the way we did eight years ago.Lorraine McCabe: We want the truth. Short URL 19,666 Views 66 Comments http://jrnl.ie/3242713 McCabe added that he was confident that the tribunal will get to the bottom of his allegations, saying the last fortnight’s revelations regarding a Tusla file on him were “vile”. Thursday 16 Feb 2017, 12:01 PM Maurice McCabe says he ‘probably wouldn’t do it again’ “Eight years of abuse – eight years of constant abuse.” Image: Niall Carson/PA By Paul Hosford Anglo Celt: It’s been a long road Maurice and as you outlined in your statement, it’s been a traumatic one. If you were to do it all over again, would you do it?Maurice McCabe: Oh, probably not, probably not, because of what they did to me. I did not do anything to them, they did it to me. Image: Niall Carson/PA Tweet thisShare on FacebookEmail this article Share Tweet Email2 The government today published the terms of reference for what it called a “comprehensive and clear” tribunal into the scandal.Read: Terms for ‘comprehensive and clear’ tribunal into McCabe scandal finalisedRead: Kenny on the ropes as Fine Gael hopefuls line up to challenge himlast_img read more

Spending yields mixed results in state high court fights

first_imgSEATTLE — Millions of dollars in campaign spending produced mixed results for the groups seeking to sway state supreme courts around the country.In some of the toughest races this year, for example, justices in Washington and Kansas retained their seats, although liberals succeeded in giving a Democratic tilt to the North Carolina court.Outside groups spent a record $16.4 million on TV spots this election, topping the $13.5 million spent during the 2011-12 races, according to data from the Brennan Center for Justice. Total TV spending, including ads by the candidates themselves, neared $33 million, just shy of the amount spent four years ago.The high-dollar campaigns reflect the importance conservative and liberal groups have placed on state supreme courts, which often affirm or overturn policies set by state legislatures.Among the heaviest spenders this year was the business-backed Republican State Leadership Committee, which dedicated $4 million to try to elect conservative jurists in several states. That included successful efforts in Arkansas, Wisconsin and West Virginia earlier this year, and in Ohio on Tuesday. Its efforts were unsuccessful in Louisiana, Montana and North Carolina.Matt Walter, president of the leadership committee, said he expects heavy spending on both sides to continue, given the election outcome. It put the presidency and Congress in Republican hands and is likely to lead to a conservative U.S. Supreme Court for years to come.last_img read more

Luis Suarez Its time to end Clasico hoodoo

first_imgLuis Suarez believes it is Barcelona’s turn to end their winless run in the El Clasico when they play Real Madrid on Sunday.Barca are yet to win their last three Clasicos at Camp Nou but are set to capitalise on Madrid’s struggles in recent times to end their poor run.“Clasicos are always Clasicos,” Suarez, who has six goals in 10 previous meetings with Los Blancos, told Football Espana via Mundo Deportivo.“In the last one of last season, we were already champions but still played with the intensity of a Clasico.“They’re always like that. You really want to play in them. You have to take form into account, but you don’t think about their state of mind or if they’re coming into it after playing badly. These are Clasicos.“A new Coach is always an extra motivation for the players, to show they want to do well. We have to be very careful because they have players with a lot of quality and talent.“Everyone knows what kind of player Ronaldo is, but a team are worth more than a name. There are others who also play for Madrid and make a difference.Fati and Suarez shine against Valencia at Camp Nou Tomás Pavel Ibarra Meda – September 15, 2019 With a mesmerizing first half from Ansu Fati and a brace from Luis Suarez in the second half, Barcelona demolished Valencia at Camp Nou.Valencia…“We have to devise an approach and not think about what players our opponents may have or what they lack without Cristiano Ronaldo.“We want to win, for the fans, ourselves and to stay top. It’s our turn to win and we hope it is on Sunday,“You try to play the same as you normally do in a Clasico, but you can’t. You think more and you’re more focused.“The adrenaline is something else and the atmosphere is different. It’s different but we try to do the same as always.“Just for how it’s played, Clasicos remind me of knockout matches with Uruguay and the way South Americans approach them.“Playing in a Clasico gives you a special vibration. The fans spread the adrenaline and the players want to win no matter what.”last_img read more

Ninu Veedani Needanu Nene NVNN movie review and rating by audience Live

first_imgSai Krishna‏ @shirursaikrish1 #NVNN starts off with a decent 1st half but has a very bad 2nd half. It has an interesting storyline but the director spoils it with his lackluster narration & cinematic liberty.Music is jus OK while BGM & DOP work are good @sundeepkishan’s search for a Hit continues. Safe Skip Just finished watching #NVNN ., After Venkatadri Express, I thoroughly enjoyed watching @sundeepkishan ‘s film was #NinuVeedaniNeedanuNene .,The Interval scene was damn good, Hope this will become a clear ‘hit’ all over., Lastly @vennelakishore bhayya screen presence supero super #NVNN #NinuVeedaniNeedanuNene One time watch at best! Cinemalo peddhaga emi ledhu expect some interesting moments here and there. Can wait for DVD Sundeep ippudu vunna current hero’s lo weakest script selection and judgement Mind-blowing stuff & concept. @sundeepkishan you made us laugh, cry & feel thrill, emotional. Finally happy for you.. Got paid with investment for all your hard work & dedication. @caarthickraju Looking forward for all your coming projects. #NinuVeedaniNeedanuNene Praveen‏ @AlwaysPravi #NinuVeedaniNeedanuNene Nice mve 1half horror,twist 2half Emotional, Climax Hittu Mve… Go and Watch… U vl never disappointed BGM thopu @MusicThaman @sundeepkishan Congrats Anna !!! Another Hit movie in TFI 1st half super Interval twist Waiting for second half #NVNN @sundeepkishan @vennelakishore Survi‏ @PavanSurvi Quiet interesting & engaging first half #NinuVeedaniNeedanuNene .. Selected a good script @sundeepkishan bhayya. Very well executed. Sundeep, story, Posani comedy are the best ! New age genre movies are coming in Telugu cinema. Congrats team #NinuVeedaniNeedanuNene. +ve’s: @sundeepkishan performance @caarthickraju story, Thrilling elements, #Posani @vennelakishore @anyasinghoff are perfect in their roles. @MusicThaman BGM Watch this weekend I should particularly mention abt the sentiment scenes in 2ndhalf which everyone connects & takes it to their personal life.Definitely the family audience like the film.The best performance from @sundeepkishan and drives the entire film on his shoulders #NinuVeedaniNeedanuNene Vinay‏ @Coolest_Vinay 1st half kummings, @MusicThaman Bayya bgm rocksa interval twist major 2nd half parents sentiment emotional connections movie peaks hit kottinav bro @sundeepkishan #NinuVeedaniNeedanuNene Just saw 1st half very Interesting and waiting for 2nd half #NinuVeedaniNeedanuNene congratulations for superr hit last 10mins @sundeepkishan u made us cry #NinuVeedaniNeedanuNene spine-chilling #NinuVeedaniNeedanuNene first half. Brilliantly made. Never before in our screens. అద్దంలో మీ ముఖం చూసుకోండి వెళ్ళండి @sundeepkishan @caarthickraju @anyasinghoff @vennelakishore @MusicThaman @vstudiosoffl @beyondmediapres @sivacherry9 #NVNN Mahender27‏ @Mahender271 A short film of 10 minutes or an ad film of 3 minutes, would have sufficed for this concept of don’t drive carelessly. Road safety film that drags on and on testing our patience. A very good premise wasted completely with needless scenes. #NinuVeedaniNeedanuNene Vijayanand. Keetha‏ @anandapmediacenter_img Nagur‏ @shaiknagoorbabu Wow!!! Mind-blowing movie..Great comeback @sundeepkishan .. climax scene made me so emotional.. @vennelakishore Kaka nuvu thopu #NVNN Jayakrishna reddy‏ @jayakrishnare15 Venkyreviews‏ @venkyreviews MaD MaX 07‏ @__Fury__Road Just Now Watching #NinuVeedaniNeedanuNene What A movie Chala Days ki Different movie chusina feeling Vachindi @sundeepkishan Acting And Congrats Bro @MusicThaman Music And BGm Next level Good Message Movie And Claimax Ayethe Heart Touching Bro Asalu Great concept interesting story.. rocking bgm by @MusicThaman awesome locations… Good story and direction… @caarthickraju #NinuVeedaniNeedanuNene @karnatiramu @sivacherry9 @sundeepkishan Rahul Majji‏ @rahulmajji_xo Ninu Veedani Needanu NeneTwitterDirector Caarthick Raju’s Telugu movie Ninu Veedani Needanu Nene (NVNN) starring Sundeep Kishan and Anya Singh has received positive reviews and good rating from audience.Ninu Veedani Needanu Nene is a romantic suspense thriller. Director Caarthick Raju has written the script and dialogues for the movie, which has been produced by Dayapannem and Vijisubramanian under the banners of Venkatadari Talkies. The flick has received a U/A certificate from the censor board and its runtime is 2.06 hours.Ninu Veedani Needanu Nene story: The film opens in the year 2035 and a psychologist (Murali Sharma) narrates a story of a couple named Rishi and Diya (Sundeep Kishan and Anya Singh), who faces a series of eerie incidents after a car accident. How the couple tries to get this mystey unraveled forms the crux of the story.Analysis: Caarthick Raju has penned an interesting thriller story for Ninu Veedani Needanu Nene. The first half is full of mystery and supernatural element. At times it has a slow narration, but interval twist sets the tone right for an engaging second half. The climax is quite thrilling, say the audience.Performances: As disturbed couple, Sundeep Kishan and Anya Singh have delivered brilliant performance and the chemistry between the two is the highligt of the film. Posani Krisha Murali’s comic timing is good and asset of the film. Murali Sharma and other supporting artistes have also done justice to their roles, say the viewers.Ninu Veedani Needanu Nene movie review live updates: We bring you some viewers’ verdict on the film shared on Twitter and continue to see audience’s response.BennySpeaks‏ @benny_speaks #NinuVeedaniNeedanuNene First half – ok Interval twist bagundhi First half – Anni scenes expected Suspence em anipinchaledu Kani thaman bgm tho scenes ni elevate cheyadu #NinuVeedaniNeedanuNene Sarkar‏ @Im_krishnaR Dharani Kumar‏ @dharanicherry Manj‏ @manojvalluri Shailender singh bahadur‏ @shailenderbunny Quiet interesting & engaging #NinuVeedaniNeedanuNene SuperB Movie At last . After along Time @sundeepkishan Anna E Story Selection Very well executed.story And comedy are the best!last_img read more

Hong Kong police and protesters improve battle strategies

first_imgRiot police shout to anti-Extradition bill supporters after police detained protesters near a Sai Wan Ho Mass Transit Railway (MTR) station in Hong Kong, China, 11 August 2019. Photo: ReutersHong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where many are chafing at Chinese rule.Seeking to clear streets more quickly than before, police fired tear gas and charged with batons at flashpoints from big shopping boulevards to bar-lined streets and railway stations.Demonstrators, who at one point lobbed two petrol bombs, retaliated with a flash-mob strategy – withdrawing when pressed, only to re-appear elsewhere relentlessly.The increasingly violent protests since June have plunged the Asian financial hub into its most serious crisis in decades and are one of the biggest popular challenges to Chinese leader Xi Jinping since he came to power in 2012.Despite the intense police response and a toughening stance from China, the movement that began two months ago in opposition to a bill allowing extradition to the mainland still seems to enjoy broad support in the city of more than 7 million people.”We’ve been running all day but we’re not tired,” said Ah Sing, a protester in his 30s, wearing a black vest and surgical mask while he rushed from one protest to another.”This is our response to Carrie Lam,” he added, referring to the city’s Beijing-backed leader. “If she doesn’t listen to the people and respond to our reasonable demands, we’re going to continue to spread protests across Hong Kong.”Beijing says criminals and agitators are stirring violence, encouraged by “interfering” foreign powers including Britain.Hong Kong’s government called the protests “unlawful assemblies” and said a petrol bomb had injured a policeman.There is “no longer any fixed period of time or fixed locations for these persistent and large-scale illegal and violent acts”, which have deprived ordinary people of the right to carry on their daily lives, a government spokesman said in a statement.Demonstrators say they are fighting against the erosion of the “one country, two systems” arrangement enshrining some autonomy for Hong Kong when China took it back in 1997.”Independence for Hong Kong is not viable in the near term,” acknowledged protester Sam, 23, a barrister, while music pumped from cabaret lounges in Wan Chai’s bar district behind him. “But we have to fight for our freedoms and democracy.”Shortly after, riot police fired volley after volley of tear gas at his makeshift barricade of railings, wood and police cones, forcing protesters to withdraw.”Why are you hitting my friends? They are teenagers,” politics student Sabrina, 19, cried out after officers went in with batons at crowds in a shopping district at Kowloon.”Who are you working for? The Communist Party? The Chinese government? How can you sleep at night?””Liberate hong kong”Tear gas was also used elsewhere in Kowloon, the main built-up area on the mainland side of Hong Kong harbour, including at an underground transport station and a children’s playground.Riot police with truncheons chased protesters into Tai Koo station near the city.Demonstrators avoided confronting pro-Beijing groups, which mobilised at North Point.Authorities have begun emphasising the damage to the city’s economy, already buffeted by China’s slowdown and the US-China trade war.They are also applying pressure on big companies like Cathay Pacific Airways, which has been told to suspend staff engaged in illegal protests.Police have arrested more than 600 people.Yet activists’ demands have grown to include greater democracy and Lam’s resignation. She sought to find a conciliatory tone in a speech to university students on Sunday.”My colleagues and I will, in the future, be more patient and engage with views from different walks of life, to listen to what’s in your hearts,” she said.Sunday’s marches went ahead despite an official ban, with confrontations coming at nightfall.Chants of “Liberate Hong Kong” echoed through the working class area of Sham Shui Po when more than a thousand black-shirted protesters marched. Some residents cheered, while drivers honked horns or gave a thumbs-up.”We have lived in Hong Kong all our lives and this is the hardest time because the government is not listening to the citizens,” said a 63-year-old man surnamed Leung, who joined a protest with his 93-year-old father in a wheelchair.Hong Kong’s government says the protests are pushing the city to an extremely dangerous edge and has refused to open an inquiry into police behaviour.Young people have been at the forefront of the activism.They have dominated a peaceful sit-in at the city’s international airport which entered its third day on Sunday, with about a thousand demonstrators singing songs and handing out flyers to arriving travellers amid a carnival atmosphere.”We want to avoid China completely taking over. If we protesters leave, they will take over immediately,” said Victor, a 27-year-old art tutor, his face slick with tears from tear-gas smoke near Wan Chai.last_img read more

UPDATE Flood Warning Is Still In Effect For The West Fork Of

first_img– / 7According to the Harris County Flood Control District a flood warning is still in effect for the West Fork of San Jacinto River after rainfall from the past 24 hours. Harris County residents are urged to avoid the area as the water will take time to drain.Portions of Harris County received up to five inches of rain last night that caused some high water locations. Conditions will peak this evening and will remain flooded through Friday afternoon. The main threat remains street flooding.Residents should remain aware of conditions near their workplaces, schools and homes.Minor lowland flooding currently on Spring Creek in The Woodlands just east of Gosling Rd. @JeffLindner1 pic.twitter.com/odJ55p8N4c— Ian Shelton (@IanMckayWx) March 29, 2018 Good news, SH 30 at Gibbons Creek in Grimes County is now OPEN. Drive safe friends and Happy Easter.— TxDOT Bryan (@TxDOTBryan) March 29, 2018 Driving through the San Jacinto River! “Here we go again…more water!” says one resident who lives right along SJR in the Norhshore Subdivision.Folks here have either finished rebuilding or still rebuilding after #HurricaneHarvey @abc13houston pic.twitter.com/Zyo0Tp2u5s— Mayra Moreno ABC13 (@MayraABC13) March 29, 2018 Ongoing minor to moderate flooding is occurring along the Trinity and San Jacinto basins, as well as Lyons Creek in the Brazos basins. Minor to major river flooding is still forecast over the next several days. #bcswx #houwx #glswx #txwx pic.twitter.com/r7qvwT2C4h— NWS Houston (@NWSHouston) March 29, 2018 Driving over the San Jacinto River. High river levels threaten residents who were inundated by Harvey. @abc13houston pic.twitter.com/cPXeCVScKz— Charles Fisher (@NewsCameraFish) March 29, 2018 Share Both of these homes in the Holiday Beach area were being rebuilt after Harvey destroyed them 7 months ago. Last night, a tornado tossed the roof from the house in the first picture into the house in picture 2. #txwx #ccspotter pic.twitter.com/mHz2Bqgfnp— Tyler Castillo (@tjc_12) March 29, 2018 Davidson Creek at County Road 423, Burleson County. Lowland and road flooding. @NWSHouston @KBTXShel pic.twitter.com/JNCjqYO72T— Chaos Storm Team (@ChaosStormTeam) March 29, 2018 Accident along I-45 S @ Hardy has traffic slowed. Possibly weather related. Slick roads out here, folks! #abc13 pic.twitter.com/hQyWx6dPfe— Courtney Fischer (@CourtneyABC13) March 29, 2018 Minor flooding still ongoing in NW Harris County and along the W Fork of the San Jacinto River. Be cautious around that area and monitor our Flood Warning System to stay updated: https://t.co/X8zGS5wOfN pic.twitter.com/Ig22sx8SMF— HCFCD (@hcfcd) March 29, 2018 UPDATE: check this out! San Jacinto River still rising at West Fork, under 59 overpass. That street wasn’t flooded earlier, but now it is. This is expected to cause minor flooding in surrounding areas. Homes could be affected. Due to runoff from Spring/Cypress creek #khou11 pic.twitter.com/E5YnC9WYo4— Michelle Choi (@MichelleKHOU) March 29, 2018He said minor flooding is expected along the river from Lake Houston to west of highway 59…. as a result of Spring and Cypress Creek run off. Even though the rain is starting to let up, Lindner said there are still some high water locations.“That water is going to be draining off, it’s going to take some time this morning,” Lindner said. “This is not anything close to Harvey. So folks that flooded in Kingwood and those areas during Harvey, this is not going to be any impact for you at all.”Minor flooding of the U turns at US 59 and the West Fork of the San Jacinto River. #houwx #hounews pic.twitter.com/jCOOG1A0OZ— Jeff Lindner (@JeffLindner1) March 29, 2018He said drivers should remain careful, during the morning commute.“The big river systems are now going to be the watersheds to be watching, but as far as Harris County, the creeks and bayous, those watersheds, creeks and bayous will be falling during the day today,” said Linder.With rainfall moving out of the area, Houston is no longer under a Flash Flood Watch.Some minor flooding is present in the city, but Harris County Flood Control Meteorologist Jeff Lindner said he expects conditions to improve throughout the day.With rainfall moving out of the area, Houston is no longer under a Flash Flood Watch.Some minor flooding is present in the city, but Lindner said he expects conditions to improve throughout the day. Here’s an updated link on rainfall reports from the past 24 hours across the area: https://t.co/sVRaHh8Reg— NWS Houston (@NWSHouston) March 29, 2018 Our Warning Coordination Meteorologist, Dan, is out on a damage survey and found evidence of an EF-0 tornado w/60mph winds in Iowa Colony in Brazoria County. pic.twitter.com/UKveqHhl2W— NWS Houston (@NWSHouston) March 29, 2018 Flood Warning in effect for the West Fork of the San Jacinto River near Kingwood. Main impacts will be street flooding in the subdivisions adjacent to the river. Avoid the area. https://t.co/sHEQVOGOj5 #houwx #txwx pic.twitter.com/XB97qQreCD— AlertHouston (@AlertHouston) March 29, 2018Just under an hour ago, the river measured just under 50 feet, and according to the National Weather Service when it gets to 51.5 feet some homes in the Northshore subdivision will flood. Harris County Flood Control Meteorologist Jeff Lindner said the west fork of the San Jacinto River is expected to rise above moderate flood levels, later today. And the main threat is street flooding in subdivisions near the river’s edge, and accessibility to those areas.Minor flooding currently along the West Fork east of US 59 along Northshore Dr #houwx #hounews pic.twitter.com/oaJcCHMGlA— Jeff Lindner (@JeffLindner1) March 29, 2018 UPDATE: West Fork of the San Jacinto River will crest late tonight/early Friday just below 52ft. Mainly street flooding east of US 59 along the river banks and inundation of the US 59 U turns #houwx #hounews pic.twitter.com/x1ix6A5puZ— Jeff Lindner (@JeffLindner1) March 29, 2018last_img read more

Chinese team finds drinking Sprite might help prevent hangover

first_img Human beings have likely been looking for ways to cure the negative side-effects of consuming alcohol since first stumbling across the fermentation process. Symptoms such as an aching head, dry mouth and sensitivity to noise have been the sad result of untold numbers of nights spent drinking. Unfortunately, none of the remedies discovered thus far have proven to be of much help. That may change soon, if the team in China is right. Drinking Sprite they say, just might build up a good enzyme that helps to get a bad chemical out of the body as quickly as possible.The team in China based their study on other research that has found that when people drink an alcoholic beverage, the body undertakes a two-step process in dealing with the alcohol in it. First, an enzyme called alcohol dehydrogenase (ADH) sets to work to breaking the alcohol down into acetaldehyde. Next, another enzyme, called aldehyde dehydrogenase (ALDH) breaks it down further into acetate. It’s the first step, apparently, that causes problems—it’s acetaldehyde that causes the brain to swell leading to hangover pain. The team in China believes that chemicals that cause an increase in ALDH should help alleviate the problem by getting rid of the acetaldehyde faster—before it can cause brain swelling. But rather than working up a new drug, they looked at commercially available beverages to find out if any of them might do so naturally. They tested 57 different beverages ranging from teas to soft drinks—of all of those tested, Sprite (called Xue bi in China) performed the best.The team hasn’t yet begun testing the use of Sprite to prevent a hangover in actual human subjects just yet, but indicate they are making plans to do so. They may not have to, of course, as news of their research will almost certainly lead to widespread testing of the soft-drink as a hangover preventative technique by large numbers of drinkers worldwide. (Phys.org) —A team of Chinese researchers working at Sun Yat-Sen University has found a possible way for drinkers of alcoholic beverages to minimize their risk of developing a hangover and other negative side-effects: consume Sprite. In their paper published in the journal Food & Function, the team describes how they tested a host of beverages to determine which best boosts the production of an enzyme that breaks down acetaldehyde, a harmful chemical that is created as the body breaks down alcohol. Explore further © 2013 Phys.org This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.center_img More information: Effects of Herbal Infusion, Tea and Carbonated Beverage on Alcohol Dehydrogenase and Aldehyde Dehydrogenase Activities, Food Funct., 2013, Accepted Manuscript, DOI: 10.1039/C3FO60282FAbstractVarious alcoholic beverages containing different concentrations of ethanol are widely consumed, and excessive alcohol consumption may result in serious health problem. The consumption of alcohol beverages is often accompanied by non-alcohol beverages, such as herbal infusion, tea and carbonated beverage to relieve drunk symptoms. The aim of this study was to supply new information on effects of these beverages on alcohol metabolism for nutritionists and the general public to reduce harm of excessive alcohol consumption. Effects of 57 kinds of herbal infusion, tea and carbonated beverages on alcohol dehydrogenase and aldehyde dehydrogenase activities were evaluated. Generally, effects of these beverages on alcohol dehydrogenase and aldehyde dehydrogenase activities are very different. The results suggested that some beverages should not be drunk after excessive alcohol consumption, and several beverages may be potential dietary supplement for the prevention and treatment of harm from excessive alcohol consumption. First evidence from humans on how alcohol may boost risk of cancer Citation: Chinese team finds drinking Sprite might help prevent hangover (2013, October 9) retrieved 18 August 2019 from https://phys.org/news/2013-10-chinese-team-sprite-hangover.htmllast_img read more

Boy thrashed after being caught stealing money

first_imgKolkata: A boy was beaten up by some locals after they suspected him to be a thief.The incident took place near Denguajhar area of Jalpaiguri on Tuesday morning. Police have not yet revealed the name of the victim. Some local businessmen alleged that the boy was trying to steal money from a local shop. The locals told police one Mintu Dey, a local shop owner, was away from his shop in the morning when the accused attempted to steal money from the cash box. Also Read – Rain batters Kolkata, cripples normal lifeSome other businessmen in the area got hold of the boy. They beat him up after tying him to a lamp post. The victim had received injuries on various parts of his body in the incident. None of the locals came to his rescue till the matter was reported to the local police station. Some police personnel rushed to the spot immediately and freed him from the clutches of the businessmen. The victim was later rescued by the police and he was taken to a hospital. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe incident triggered tension among the locals. Some, however, raised questions on why the boy was badly beaten up by the local shop owners instead of handing him over to the police. The shop owners in the area told the police that they managed to catch the boy while stealing money from Dey’s shop. After starting a probe, police came to know that the victim is a resident of Rajgunj area of the same district. The locals are being interrogated in this connection. Police have started a detailed probe in this regard.last_img read more

Isla Mujeres going for more Blue Flag certifications

first_imgKerem Pinto Aguilar, director of the Zona Federal Marítimo Terrestre (Zofemat), explained that for the past several months, officials have been working on ensuring the island’s popular Playa Norte and Playa Albatros beach areas would qualify for Blue Flag certification. “The auditor who accompanied us to through verification route acknowledged the important advances that have been made on these beaches,” she said adding that “Playa Norte already has the 33 quality criteria that are required to be certified with the Blue Flag. We will continue working, and in the near future, we hope to raise the flag on this beach,” she said. After a verification tour by personnel of la Fundación Europea de Educación Ambiental along with the Federal Maritime Zone, they learned that the beach qualifies. Isla Mujeres, Q.R. — Local officials say they are working hard to obtain the island’s second and third Blue Flag beach, noting that for the last several months, they have their sights set on Playa Norte. She said that in coming months, likely June or July, Playa Centro will validate its Blue Flag status for another year, while Playa Norte and Playa Albatros would be certified for the first time. Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)last_img read more

More drug packages wash up on Tulum beach

first_imgThe packages were found on Playa Pescaodores and reported to police by local citizens who saw them laying among washed up seaweed. Policía Municipal of Tulum arrived to section off the area and seize the drugs. Tulum, Q.R. — Three tightly wrapped packages of marijuana were discovered washed up on a Tulum beach this week. The three packages contained a total of 21.4 kilos of marijuana. Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)last_img read more

Byton dramatically tests upcoming electric car in snowy Inner Mongolia

first_imgIt’s a common pre-launch ritual for a new car to get sent somewhere remote and desolate to see how it can handle the elements, particularly cold weather. So that’s what China-based Byton did for its forthcoming all-electric SUV, the M-Byte. The company announced Monday night that it sent the car – known for its screen-filled interior – to Inner Mongolia in China for testing, where it drove thousands of miles on open road and tracks. The vehicles were tested in cold temperatures and snowy conditions for durability, powertrain calibration for certain road conditions, and tests to see how the chassis, car body, battery system, air condition and heating system all work in sub-optimal situations.The SUV is supposed to be available in China by the end of 2019 and then in North America by the end of the following year. Daniel Kirchert, Byton CEO and co-founder, said in a statement that after the extreme testing the car proved it could handle the series of tests and its on track for that production schedule. The electric vehicle even withstood horse traffic:Don’t mind the random EV.Image: bytonTesla has also had to prove its electric vehicles and batteries can withstand freezing temperatures. The Model 3 underwent extreme cold weather testing at a Tesla facility in Alaska, while the Model S was sent through its paces in wintery Minnesota.BMW’s upcoming i4 electric car battled the snow and chill in northern Sweden just last week, while Volvo has also used the harsh conditions of the Arctic circle to push the limits of its vehicles during testing. It’s all very extreme. Testing the M-Byte out in all conditions.Image: bytonBy Sasha Lekach2019-04-02 04:00:00 UTClast_img read more

AMD unveils the 12core Ryzen 9 3900X at half the price

first_imgAMD CEO Lisa Su gave the Computex keynote in Taipei today, the first time the company has been invited to do so (the event officially starts tomorrow). During the presentation, AMD unveiled news about its chips and graphics processors that will increase pressure on competitors Intel and Nvidia, both in terms of pricing and performance.ChipsAll new third-generation Ryzen CPUs, the first with 7-nanometer desktop chips, will go on sale on July 7. The showstopper of Su’s keynote was the announcement of AMD’s 12-core, 24-thread Ryzen 9 3900x chip, the flagship of its third-generation Ryzen family. It will retail starting at $499, half the price of Intel’s competing Core i9 9920X chipset, which is priced at $1,189 and up.The 3900x has 4.6 Ghz boost speed and 70 MB of total cache and uses 105 watts of thermal design power (versus the i9 9920x’s 165 watts), making it more efficient. AMD says that in a Blender demo against Intel i9-9920x, the 3900x finished about 18 percent more quickly.Here’s an exclusive #COMPUTEX2019 look at the newest edition to the Ryzen family, the 12 core/24 thread 3rd Gen AMD Ryzen 9 3900X processor. https://t.co/OgLHoqWv9T pic.twitter.com/75FzfpdiKx— AMD Ryzen (@AMDRyzen) May 27, 2019Starting prices for other chips in the family are $199 for the 6-core, 12-thread 3600; $329 for the 8-core, 16-thread Ryzen 3700x (with 4.4 Ghz boost, 36 MB of total cache and a 65 watt TDP); and $399 for the 8-core, 16-thread Ryzen 3800X (4.5 Ghz, 32MB cache, 105w).GPUsAMD also revealed that its first Navi graphics processor units will be the Radeon RX 5000 series. Pricing is being closely watched because it may pressure Nvidia to bring down prices on competing products. AMD announced that the GPUs will be available in July, but more details, including pricing, performance and new features, won’t be announced until E3 next month in Los Angeles.Introducing the world’s first “Navi” gaming GPU family based on the all new RDNA gaming architecture: the AMD Radeon RX 5700 series. Learn more from #COMPUTEX2019: https://t.co/xwexmdDMin pic.twitter.com/rY2dAsq52l— AMD (@AMD) May 27, 2019Data processorsAMD announced that its EPYC Rome data center processors, first demoed at CES in January, will launch next quarter, one quarter earlier than previously anticipated, to compete with Intel’s Cascade Lake. AMD says that during a benchmark test, EPYC Rome performed twice as fast as Cascade Lake.AMD CEO @LisaSu just gave the first public competitive demonstration of a 2nd Gen AMD #EPYC server platform outperforming the competition in a NAMD Apo1 v2.12 benchmark test by more than 2x. #COMPUTEX2019 https://t.co/ZHmrqBigjB pic.twitter.com/HQI5EPLmFf— AMD EPYC (@AMDServer) May 27, 2019last_img read more

Saudi Arabia denies blocking Syrians from Hajj

first_img Arizona families, Arizona farms: providing the local community with responsibly produced dairy Mary Coyle ice cream to reopen in central Phoenix Comments   Share   5 ways to recognize low testosterone RIYADH, Saudi Arabia (AP) – Saudi Arabia has denied allegations that Syrians will not be able to perform the annual Muslim pilgrimage of Hajj this year because of a conflict with Damascus.The Saudi Hajj Ministry said in a statement Wednesday that preparations to receive Syrian pilgrims are being processed and are highly considered because of the “difficult circumstances” Syrians currently face.The statement follows a report Monday by Syria’s state-run news agency that Syrians would not be able to perform the Hajj because Saudi authorities had failed to agree on details in time. Construction begins on Chandler hospital expansion project Countries normally agree on numbers of worshippers to make the pilgrimage ahead of time.Syria-Saudi relations have deteriorated over Damascus’ accusations that the kingdom is helping the rebels seeking to topple President Bashar Assad.Millions of Muslims participate in the pilgrimage.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)center_img Bottoms up! Enjoy a cold one for International Beer Day Sponsored Stories Former Arizona Rep. Don Shooter shows health improvement How men can have a healthy 2019 Top Stories last_img read more

High costs plague some staterun health insurance markets

first_img WASHINGTON (AP) — State-run health insurance markets that offer coverage under President Barack Obama’s health law are struggling with high costs and disappointing enrollment. These challenges could lead more of them to turn over operations to the federal government or join forces with other states.Hawaii’s marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. It has spent about $139 million and enrolled 8,200 customers for individual coverage in 2015. Unable to sustain itself, the state marketplace is turning over sign-ups to the federal HealthCare.gov for 2016. New Valley school lets students pick career-path academies FILE – In this Feb. 12, 2015, file photo, Enrollment counselor Vue Yang, left, goes over some of the health insurance plans available to Laura San Nicolas, center, accompanied by her daughter, Geena, 17, while enrolling for health insurance at Sacramento Covered in Sacramento, Calif. State-run health insurance markets that offer taxpayer-subsidized coverage under President Barack Obama’s law are grappling with high costs and disappointing enrollment, challenges that could lead more of them to turn over functions to the federal government, or join forces with other states. (AP Photo/Rich Pedroncelli, File) Arizona families, Arizona farms: working to produce high-quality milk “Our biggest concern is that you may see many states looking to enact taxes and fees, and that makes health care less affordable,” said Justine Handelman, policy chief at the Blue Cross Blue Shield Association.Hawaii is the third state exchange going to the federal sign-up system, following Nevada and Oregon, which made the switch last year. Among the problems confronting states:–Minnesota’s MNsure faces a murky financial future. Its budget is balanced as a result of repeated cuts when enrollment has come in below projections, a tactic that cannot work forever. Despite a slew of proposals, no concrete changes came out of the state’s most recent legislative session. Democratic Gov. Mark Dayton has signaled that MNsure’s fate is on the table, including the option of shifting operations to HealthCare.gov.–The U.S. attorney in Boston has subpoenaed records dealing with the troubled rollout of the Massachusetts Health Connector, dating to 2010.–Colorado officials are considering big changes to the state’s marketplace, from pooling call centers with other states to dismantling the exchange and relying on HealthCare.gov instead. Although the market is on solid financial footing, it has fallen short of best-case enrollment goals. –A federal audit concluded that Maryland used exchange establishment grants from Washington to pay for $28.4 million in costs that should have been allocated to the state’s Medicaid program. State officials dispute that, but federal officials say Maryland should pay the money back. Separately, the original lead contractor for the state website has agreed to repay $45 million to avoid legal action over rollout problems last year.–In Vermont, a debate has been raging about whether to abandon the state exchange. Democratic Gov. Peter Shumlin originally wanted a single state-run system for all residents, along the lines of Canada. Shumlin backed off because it would have meant prohibitively high taxes. He wants to fix the state exchange, still grappling with technology problems that plagued it from launch.___Associated Press writers Cathy Bussewitz in Honolulu; Kyle Potter in St. Paul, Minnesota; Steve LeBlanc in Boston; Kristen Wyatt in Denver; Brian Witte in Annapolis, Maryland; Dave Gram in Montpelier, Vermont; and Judy Lin in Sacramento, California, contributed to this report.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Comments   Share   Top Stories Men’s health affects baby’s health toocenter_img Twelve states and the District of Columbia fully control their markets. Experts estimate about half face financial difficulties. Federal taxpayers invested nearly $5 billion in startup grants to the states, expecting that state markets would become self-sustaining. Most of the federal money has been spent, and states have to face the consequences.“The viability of state health insurance exchanges has been a challenge across the country, particularly in small states, due to insufficient numbers of uninsured residents,” said a statement from the office of Hawaii Democratic Gov. David Ige, announcing last month that his state’s sign-ups were being turned over to the federal government.Now that the Supreme Court has ruled the Obama administration can keep subsidizing premiums in all 50 states through HealthCare.gov, no longer is there a downside for states turning to Washington. If the decision had gone the opposite way, state exchanges would have been a leaky lifeboat for preserving a major expansion of taxpayer-subsidized coverage under the law.With the pressure gone, “I think you are going to see much more of a hybrid across the nation,” said Peter Lee, who heads California’s state-run marketplace. Covered California fell short of its sign-up projections this year by nearly 20 percent, but Lee says it remains “a solid business proposition.” Mesa family survives lightning strike to home Here’s how to repair and patch damaged drywall States are “talking a lot about shared services,” Lee said. “It’s how you get economies of scale.”States could pool resources on functions such as labor-intensive call centers or use HealthCare.gov’s technology for online enrollment. They generally want to keep control over marketing, consumer education and oversight of insurance plans.Sustainability is the focus of the administration’s annual meeting with state exchange directors, scheduled for the end of the month in the Washington area. The two-day meeting is closed to the media.“Each state has a different set of circumstances that informs their approach, and we will continue to support their efforts,” said Mayra Alvarez, the federal liaison to state marketplaces.The pendulum probably will swing toward a greater federal role in the next couple of years, said Jim Wadleigh, director of Connecticut’s Access Health. Eventually, more states will want to take the lead, he said, because it gives them greater control over health care, particularly modernizing Medicaid programs for low-income people.In New England, there’s talk of a regional exchange.The insurance industry would welcome consolidation. 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Mortgages Remain One of Top Three Issues in CFPB Complaint Report

first_img The fourth volume of the Consumer Financial Protection Bureau’s (CFPB) monthly complaint snapshot released Tuesday focused on one of its top three most complained-about financial product: mortgages.In September 2015, the Bureau received 23,400 complaints, and 4,747 of these were mortgage-related complaints, making it the third most complained-about category this month. Last September, mortgage complaints totaled 4,291.On a positive note, the CFPB reported that overall complaints declined 9 percent month-over-month, while mortgage complaints fell 7 percent from the prior month.”Debt collection, credit reporting, and mortgage complaints continue to be the top three most-complained-about consumer financial products and services, collectively representing about 70 percent of complaints submitted in September 2015,” the report stated.The CFPB began accepting complaints from consumers about financial products shortly after opening its doors in July 2011. As of October 1, 2015, the Bureau had received 725,951 complaints in slightly more than four years, and about 197,653 of those complaints have been about mortgages, making it the overall the most complained-about category.The mortgage market is the largest consumer financial marketplace in the country with more than $10 trillion in total value. The CFPB enacted new mortgage rules in 2014 to ensure strong consumer protections and also ensure that lenders offered affordable mortgages to consumers.”Despite strong protections that have been put in place to protect homeowners, this month’s complaint report shows consumers are still having problems when dealing with their mortgages,” CFPB Director Richard Cordray said. “The Bureau will continue to work to make sure that consumers are being treated fairly on their mortgage issues.”From July 2015 to September 2015, Idaho, Nebraska, and Arkansas experienced the greatest complaint volume changes at 59 percent, 44 percent, and 43 percent, respectively. Meanwhile, Delaware, Alaska, and New Mexico saw their complaint decline 10 percent, 9 percent, and 5 percent, respectively.According to the report, nearly all complaints for Ocwen and Nationstar are for mortgage-related matters among consumers, which received 433 and 364 complaints, respectively.Bank of America, Wells Fargo, and JPMorgan Chase also had a significant share of mortgage complaints. Citibank and Capital One had very few mortgage complaints.In its report, the CFPB also highlighted that the Chicago metro area is experiencing a heavy volume of complaints from consumers that are facing mortgage issues.In this area, mortgages are the most-complained about product, with 27 percent of the 21,100 complaints submitted by consumers being mortgage-related.View the full report: http://files.consumerfinance.gov/f/201510_cfpb_monthly-complaint-report-vol-4.pdf 2015-10-27 Staff Writer Mortgages Remain One of Top Three Issues in CFPB Complaint Report in Daily Dose, Data, Government, Headlines, News, Servicingcenter_img October 27, 2015 440 Views Sharelast_img read more