7 May
2021

Homeowners urged to factor in interest rate rise

first_imgHome » News » Housing Market » Homeowners urged to factor in interest rate rise previous nextHousing MarketHomeowners urged to factor in interest rate riseBritain could be on the verge of seeing its first rise in interest rates in over six years.PROPERTYdrum11th August 20150641 Views People thinking of buying a home or remortgaging their existing property should budget for a potential interest rate increase in the coming months after the Bank of England signified that it expects to see interest rates rise sooner rather than later.UK interest rates have remained at a record low of 0.5 per cent since March 2009, and although any hike to the rate would be dictated by economic data, including wage growth and productivity, over the next few months, the Governor of the Bank of England, Mark Carney (left), did last week admit that the time for an increase is ‘drawing closer’. It is not clear when the rate rise may occur, but Nicholas Leeming (right), Chairman of agents Jackson-Stops & Staff, is urging homeowners not to take any chances. He said, “Mark Carney has been careful to flag that interest rates will edge higher in the longer term as the economy continues to grow and inflationary pressure on wages increase. “Property buyers should recognise that rates will move towards more sustainable, long term levels and so budget for higher mortgage costs accordingly. Vendors should be aware that any such increases will create resistance to overly high guide prices.”Despite interest rate rises on the horizon, there is unlikely to be a drop in demand for housing in the coming months, according to Rightmove’s Miles Shipside (left). He commented, “The overall demand for housing means that while there are some things that put people off buying a house and moving house such as elections and interest rates, I think overall demand means that people put those things to one side.“Interest rate rises have been at record lows so the only way is up. But even though rates are going to go up, we are still in for a low interest rate environment so if people’s circumstances mean they need to buy, they will do so.”But while the days of record low interest rates look set to be drawing to a close, the Minutes released from last week showed eight of the nine members who sit on the Bank of England’s monetary policy committee voted to keep interest rates at 0.5 per cent for the 77th month in a row, suggesting that speculation that the rate increase could happen sooner rather than later actually now looks unlikely, according to some experts. Simon Checkley, Managing Director of Private Finance said, “No rise in rates, low inflation outlook, upwardly revised growth forecast, reinforces our longer term message that the interest rate outlook is extremely benign, that rates will be staying low for some time to come and longer term rates will move very little. “That coupled with British consumer confidence highest in five years, bode well for house buying. The Private Finance message is buy with confidence if you can afford to, however affordability remains an issue.”homeowners interest rate rise Mark Carney Nicholas Leeming Miles Shipside Bank of England August 11, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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4 May
2021

USA: Pre-Commissioning Unit Arlington Completes First Crew Certification Phase

first_img Training & Education October 31, 2012 View post tag: Pre-Commissioning USA: Pre-Commissioning Unit Arlington Completes First Crew Certification Phase View post tag: Unit Back to overview,Home naval-today USA: Pre-Commissioning Unit Arlington Completes First Crew Certification Phase View post tag: certification View post tag: completes View post tag: phase View post tag: Naval View post tag: first View post tag: crew View post tag: News by topic Pre-Commissioning Unit (PCU) Arlington (LPD 24) completed the two-day Naval Surface Force Atlantic (SURFLANT) Crew Certification Phase One administrative evaluation Oct. 22, while the ship is under construction in the Huntington-Ingalls Industries’ shipyard.The inspection, performed by nine members of the amphibious transport dock ship’s type commander from Norfolk, Va., reviewed the command’s administration, policies, training and warfare areas to ensure the crew can safely operate their ship at sea following delivery.“Arlington did an outstanding job,” said Lt. Tim Henderson, the SURFLANT team’s amphibious readiness officer. “It was evident that the ship’s leadership and crew were very engaged.”Arlington has been preparing for this phase of crew certification since “day one” – almost two years – said Prospective Commanding Officer Cmdr. Darren Nelson.“Overall, our programs are in really good shape,” he said. “I’m very proud of my command’s senior leadership, as well as all the first and second class petty officers, who stepped up and made this a success on the deckplates.”The second and final phase of crew certification, scheduled to take place during the last week of February, will include material inspections of the ship.“We cannot perform a material inspection of the ship yet, because most of our equipment is still in warehouses, and the Navy doesn’t own the ship,” Nelson explained. The Navy is scheduled to take delivery of Arlington Dec. 7.Arlington’s next milestone will be acceptance trials, Oct. 28 through Nov. 2.“Huntington-Ingalls Industries will be showing the ship to the Navy’s Board of Inspection and Survey, and if everything looks good, they will make a recommendation to the secretary of the Navy and the chief of naval operations to accept the ship for delivery,” Nelson explained. “Once the secretary of the Navy has given the green light, the supervisor of shipbuilding will accept the ship on behalf of the Navy, and they will sign the ship over to the crew of Arlington.”Arlington is named for Arlington County, Va., home of the Pentagon, in honor of the 184 victims and heroes who lost their lives during the Sept. 11 terrorist attack there.Arlington is the eighth in the Navy’s San Antonio-class of ships, designed to be the most survivable amphibious vessels ever put to sea. The third in the U.S. fleet to bear the name, Arlington will be commissioned in early 2013 and homeported in Norfolk, Va. The ship combines 21st century amphibious shipbuilding and warfighting technologies to support current and future Marine Corps aircraft and landing craft and will be capable of taking nearly 1,200 Sailors and Marines into harm’s way.[mappress]Naval Today Staff, October 31, 2012; Image: US Navy View post tag: Navy View post tag: Arlington Share this articlelast_img read more

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4 May
2021

INS GHARIAL Goes All Out to Help Local Community in Bahrain

first_img View post tag: INS View post tag: Defence View post tag: all View post tag: GHARIAL View post tag: community Authorities The visiting naval ship from India, the INS GHARIAL went all out to the local community yesterday, donating blood and entertaining special group of children from The Society for the Management of Autism-Related Issues – Training, Education and Resources of Brunei or SMARTER Brunei as part of their community service activities.Yesterday morning fifty ship personnel from the INS GHARIAL including the Commanding Officer of the Indian INS GHARIAL naval ship, Commander Vishal Bishnoi were eager to participate in donating blood campaign which was held at the Blood Donation Centre, in Raja Isteri Pengiran Anak Saleha (RIPAS) Hospital. Also present at the blood drive was His Excellency Lalduhthlana Ralte, High Commissioner of India to Brunei Darussalam.The blood drive was one of the non-exercise activities of the ASEAN Defence Ministers’ Meeting-Plus Humanitarian Assistance and Disaster Relief and Military Medicine Exercise (ADMM PLUS HADR & MM Ex) which is currently ongoing and with the intention to help in replenishing the blood supply that is needed by patients of RIPAS Hospital.In the afternoon, the India INS GHARIAL, arranged another social event, inviting about 30-membered group of special need children from the SMARTER onboard their ship them to spend time and have fun with SMARTER Kids. SMARTER Kids together with their families and forty teacher-therapists participated in this activity. It was also an opportunity for the individuals with autism to interact with the Indian Navy.[mappress]Press Release, June 20, 2013; Image: Brunei MoD June 20, 2013 Back to overview,Home naval-today INS GHARIAL Goes All Out to Help Local Community in Bahrain View post tag: Bahrain View post tag: News by topic View post tag: Indian INS GHARIAL Goes All Out to Help Local Community in Bahrain View post tag: Exercise View post tag: Help View post tag: goes View post tag: local View post tag: Navy Share this article View post tag: out View post tag: Navallast_img read more

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2 May
2021

MIDGLEY, KATHLEEN M. (nee: Hurley)

first_img58, of Berkeley Heights, NJ passed away at Abingdon Care & Rehabilitation Center, Green Brook, NJ, on October 26, 2017. Kathleen was born in Jersey City to the late William and Gertrude (nee: Foley) Hurley. She had resided in Bayonne before moving to Berkeley Heights in 1997. She had worked as an accountant for Triumph Plastics. She is survived by her husband of 28 years, Edward; her son, Evan; her brothers, William, Kevin, and Michael Hurley; her sisters-in-law, Paula Galvin, Carole Iwanowski, and Johanna Midgley and her brothers-in-law, John Iwanowski, Peter Midgley, and Robert Midgley. Kathleen is also survived by many nieces, nephews, relatives, cousins, and friends. Funeral arrangements by PAUL IPPOLITO BERKELEY MEMORIAL, 646 Springfield Ave., Berkley Heights, NJ 07922.last_img

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20 Apr
2021

Press release: PM call with President Trump: 28 March 2018

first_imgA Downing Street spokesperson said: The Prime Minister welcomed the temporary exemption to steel and aluminium tariffs announced by the US last week in relation to the European Union. Finally, the Prime Minister thanked the President for his personal help and support in securing the passage of the Clarifying Lawful Overseas Use of Data Act or CLOUD Act by the US, which will provide an important tool in the investigation of terrorist and other offences in the UK and keep people living here safer. She said she looked forward to constructive talks taking place between the EU and the US on making the exemption permanent.center_img The PM said the US had delivered a very strong response and welcomed the breadth of international action in response to Russia’s reckless and brazen behaviour – with 26 countries now putting expulsions in place. Prime Minister Theresa May today spoke with President Trump to welcome the US decision to expel 60 Russian diplomats in response to the use of a nerve agent in Salisbury.last_img read more

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3 Mar
2021

Video: Logano confronts Hamlin after Bristol race

first_img___________________________________________________________________________________________We apologize. We are having technical issues with our comment sections and fan community and it is temporarily unavailable. We are actively working on these issues and hope to have it up and running soon. We are also working on enhancements to provide a better forum for our fans. We appreciate your patience and apologize for the inconvenience.last_img

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26 Jan
2021

Congressman promotes pro-life perspective

first_imgRep. Mike McIntyre, D-N.C.,  gave a lecture entitled “A Reflection on the Importance of Faith and Prayer in Shaping National Policies” in Mendoza on Friday as part of ND Right to Life’s Pro-Life Respect Week.McIntyre, a pro-life Democrat and member of the bipartisan congressional pro-life caucus, spoke about his faith’s role in inspiring him to pursue issues in politics, specifically the decision between life and choice regarding abortion.“I know that during the 18 years I’ve spent in Congress, I’ve always thought it was important to honor and respect the opportunities the good Lord gives us,” he said. “When I, in Congress, try to make sure that we’re doing the right thing with regard to pro-life issues, it’s something which we take very seriously as part as our faith and as well as part of our concern and our constitutional responsibility.”McIntyre said he believes the influence of faith can help bring people together to solidarity on these divisive and controversial issues.“When we talk about a variety of backgrounds, the question is how important is your faith to affect what you do,” he said. “We want to make sure that as long you’re on a Catholic campus or a Protestant campus or a private campus or a public campus … do we have to know there is a void between our faith and the public marketplace of ideas, and the answer to that is compellingly, profoundly absolutely not. There should be no void and in fact that’s the challenge.”McIntyre’s said his inspiration to pursue political science came from personally watching John Dean testify against Richard Nixon — for what would later be known as the Watergate scandal — in a hearing chaired by his senior senator, Sam Ervin. McIntyre said that event and expressing ‘faith in the little things’ helped him see the services he could provide as someone in public service and bring integrity in the much-maligned field of political science.“I didn’t know any friends at all that were going into political science,” he said. “They said, ‘It is so dirty and so corrupt why would you want to be involved in that?’ But for me it was the opposite effect because those of us with the right motives and ideas don’t get involved …“I have plenty of doctors, bankers, realtors, teachers, even carpenters, plumbers and asphalt layers who come see us in Washington because they know the government will affect their jobs and what they studied to do. … When we think about being faithful to little things and what God calls on us to do, the question is are we willing to lay our faith and apply it to whatever services we have? My situation, I had the opportunity to go up to [the University of North] Carolina and decide to major in political science thinking one day I’ll get to go back [to Capitol Hill].”From his historical inspiration to his political career that came 22 years later, McIntyre said being alert and willing to act on God’s calling helped him see the success he enjoys today.“Pray, prepare, pursue,” he said. “We talked about how prayer ought to be the first resort and not the last resort. I challenge you to do that. Someone challenged me to keep a prayer journal. I don’t know if any of you do that, but write down your prayer request and then reflect on how God answers them.”Tags: Notre Dame Right to Life, Right to Lifelast_img read more

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31 Dec
2020

Wood Mackenzie: Global solar installations to hit record 114.5GW in 2019

first_img FacebookTwitterLinkedInEmailPrint分享Greentech Media:Global solar PV installations will reach a new high of 114.5 gigawatts in 2019, up 17.5 percent over 2018.According to Wood Mackenzie Power & Renewables’ new report, Global Solar PV Market Outlook Update: Q2 2019, the market is now back on a strong growth trajectory after a slowdown in 2018. Annual installations are expected to rise to around 125 gigawatts per year by the early 2020s.Global growth will continue despite a gradual decline in China, the world’s largest PV market. The Chinese market peaked at 53 gigawatts in 2017, driven by generous feed-in tariffs. We anticipate that a move toward more competitive procurement of solar PV will lead to more sustainable annual additions of 30 to 40 gigawatts.Countries installing between 1 to 5 gigawatts annually will be the market’s growth engine. In 2018, there were seven such markets. By 2022, we forecast that there will be 19, with new names added to the list including Saudi Arabia, France and Taiwan.In India, auction activity is starting to recover after a slowdown caused by land and transmission constraints. In the U.S., announcements of new state utility integrated resource plans, in Florida for example, are good news for the solar PV market.The European market will grow strongly as policy-driven markets look to deliver on 2020 and 2030 renewable energy targets.More: Global solar installations to reach record high in 2019 Wood Mackenzie: Global solar installations to hit record 114.5GW in 2019last_img read more

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20 Oct
2020

Letters to the Editor for Sunday, August 4

first_imgCategories: Letters to the Editor, OpinionBDS ban violates right to free speechWhile everyone was talking non-stop about the Muller testimony, free speech came under attack in America, not from Moscow but from Washington D.C., when HR246 passed in the House of Representatives.The bill opposes the BDS movement and similar efforts supporters  believe seek to delegitimize Israel, even though that isn’t what BDS does at all.All BDS seeks to do is boycott economic ties with Israel until it ends its illegal occupation of Palestinian territories and recognize the human rights of Palestinian citizens.Despite what many will tell you, nothing in BDS’s mission aims to delegitimize Israel or target the Jewish faith. But even if you genuinely disagree with BDS, it is a non-violent boycott movement practicing the rights guaranteed by the First Amendment.Don’t just take it from me. Take it from at least three federal courts, which as of May 2019 have dismissed anti-BDS laws as unconstitutional. And take it from the Supreme Court, which has repeatedly ruled boycotting as a constitutional right. This bill sets a terrifying precedent for Congress’s ability to interfere in our freedom of speech. The fact that it passed with such an overwhelming majority and had several Congress people that I genuinely respect vote for it shakes me to my core. Kudos to the 17 who voted against it and shame on the 398 (including Congressman Paul Tonko) who voted in favor of it. I feel certain history will not look kindly upon this resolution. Matt OillSchenectadyWhy are fewer going to Saratoga track?Something is keeping the attendance down at the Saratoga Racetrack.Could it be the early opening of the track, or maybe too many major events going on in our area? Could it be everyone wants to live the American dream of a good life, nice homes, new cars, and family activities. There’s nothing wrong with this, except many people today live from paycheck to paycheck and they make good money.There’s an old saying, “It’s not how much that’s coming in that keeps you going, it’s what you don’t spend” and it’s true.Also, many folks don’t like what happens in the horse-racing world, as some of the horses have to be put down when they break a leg. Horses are taken care of very well in horse racing, but they do get hurt just like football players and in other sports. That’s the way it is.The racetrack people are trying to make racing safer for the jockeys and horses. There are risks in all sports and always have been. Let’s hope improvements can be made. The price of admission to the track increased a few years ago. Maybe they should lower the price to draw more people in.If it doesn’t cost much to get in, maybe more people will say, “Let’s go to the track.”Remember, you can now bet on the races at lots of places other than at the track.Sid GordonSaratoga SpringsEric Garner’s killing violated basic rightsRegarding the recent op-ed on the killing of Eric Garner, it’s curious that Attorney General William Barr treated the case as an ordinary murder.On the contrary, Garner was the victim of an extra-judicial summary execution, caught on video from beginning to end, carried out by an agent of the state who has a license to kill.To treat it as an ordinary murder case is absurd and an insult. Surely other standards must apply when an agent of the state takes the life of a citizen.This country was founded on the principle that we citizens have inalienable rights, the most important of which is the right to life.Our cops ignore this, as do their overseers.Our lawmakers, who are supposed to act in our interests, have done a poor job of protecting us from our own law enforcement personnel. This must change. With nearly a dozen civil rights acts already in place, we don’t need another one to force our police and military to respect citizens’ right to life.U.S. attorneys must be directed, with a legislative act or executive order, to prosecute every incident of police killing, based on violation of the citizen’s right to life. Demand that they also use appropriate sections of the RICO act, so that associates of the killer can be prosecuted as well.Barr should revisit the Garner case and treat it as a civil rights violation.Otherwise, he should be fired or impeached. Justice must prevail.Edgar T. LynkNiskayunaMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Beware of voter intimidationGov. Andrew Cuomo’s press conference for Sunday, Oct. 18Foss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Find a way to get family members into nursing homeslast_img read more

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