Loans – Letras Enredadas Thu, 29 Apr 2021 13:02:26 +0000 en-US hourly 1 Loans – Letras Enredadas 32 32 The first United Bank settles in Owensboro | New Wed, 07 Apr 2021 01:03:03 +0000

Madisonville-based First United Bank and Trust Co. is planning to locate in Owensboro Market, opening a branch in the former Old National Bank location at 3012 W. Parrish Ave.

It will be the 12th bank in the city.

J. Jason Hawkins, president and CEO of the 24-year-old bank, said the site opened on Friday as a loan production office.

It will only work by appointment.

People can call 270-821-5555 for an appointment.

Once regulatory approval is obtained, Hawkins said, it will be expanded to a full-service banking center – hopefully in the first quarter of 2021.

He said, “As we looked to expand our footprint, we knew our local banking brand would be well received in Owensboro. We’re going to hit the ground running. It’s really exciting. “

First United has assets of $ 380 million in two locations in Madisonville plus one each at Beaver Dam, Earlington and Marion.

Scott Tooley, former Owensboro Market President for South Central Bank, has been appointed First United Market President.

Travis Huff, former assistant vice president / commercial lender at South Central Bank, will be vice president / commercial banker at the new bank.

First United plans to hire an additional three to five people once the full-service banking center opens.

Tooley began his banking career in Owensboro in 1988.

“My idea of ​​banking is about helping others and developing relationships,” he said. “My alliance with First United allows me to bring this experience to my hometown and continue to serve the community I love.”

Huff has been in the banking industry for 14 years and has worked for First United Bank for three years.

The West Parrish location was a launching pad for Old National Bank in Owensboro 20 years ago.

Old National opened the branch in 2000, gaining a foothold in the community, before building three more sites in town.

It closed the West Parrish site last spring.

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How to meet your resolution to pay off your debts in 2021 Wed, 07 Apr 2021 01:03:03 +0000

(Nerdwallet) – If you have high interest rate consumer debt, taking control of your money in the New Year can seem overwhelming.

Most Americans say the COVID-19 outbreak has caused financial strain, according to a survey released in October by the National Endowment for Financial Education, with 30% of debt being their main stressor.

Despite the pandemic, you can still buy from

Face your debt

The first step is simple, but it can be the most difficult: you have to face the problem.

Angela Moore, a Miami-based certified financial planner and founder of Modern Money Advisor, which offers online consumer advice and education, says it’s common for her clients to know they are in debt but don’t know how much.

She recommends compiling your debt on a document or spreadsheet, listing all balances, minimum payments, and interest rates.

Although the task is intimidating, most of her clients feel relieved once it is completed.

“Debt is an emotional burden,” she says, “but often that crush goes away once you have clarity.”

Communicate with your lenders

After you’ve listed your debt, it’s time to call your creditors.

Request a temporarily lowered interest rate, a reduced monthly payment, or a waiver of late fees. Be sure to explain how the pandemic affected your finances.

Most creditors will be willing to work with you, says Dan Herron, California-based CFP at Elemental Wealth Advisors.

“It doesn’t hurt to say, ‘I always try to do the right thing, I always try to make payments. Where can we meet in the middle? He said.

Any break you get, take that money and apply it to your debt.

If you need help negotiating, contact a credit counselor from a reputable nonprofit organization, such as the National Foundation for Credit Counseling. Advisors have relationships with creditors and can negotiate on your behalf. Services are generally free for those experiencing financial hardship due to COVID-19.

Consider consolidating

If you have multiple types of debt, like loans, credit cards, and medical bills, you may want to take out an unsecured personal loan to consolidate it into one monthly payment.

A consolidation loan is only a good idea if you can qualify for a lower interest rate than your current debts. Some lenders have tightened their approval standards during the pandemic, but borrowers with good to excellent credit (690 FICO or more) should stand a good chance.

Look for a lender specializing in debt consolidation and offers benefits such as direct payments to creditors or rate reductions for automated payments.

If you have credit card debt, you can apply for a balance transfer card. While these cards typically charge a 3% to 5% fee, they do offer an introductory 0% interest period, so all payments go to your principal, helping you pay off debt faster. .

You will likely need good credit to qualify.

Charles Ho, California-based CFP and founder of Legacy Builders Financial, urges some consumers to be careful. While consolidation tools save money, they also free up your credit cards for more spending.

“It may make mathematical sense to consolidate your loans, but the math doesn’t make sense if we ignore our behavior and end up almost doubling our debt,” he says.

Choose a strategy and stick to it

If you choose not to consolidate, there are two common ways to approach debt refund: the snowball or the avalanche.

With the snowball method, you pay off your smallest debt first, while making minimum payments on the others, then move on to the second smallest, and so on. The Avalanche Method uses the same strategy, but you start with the debt that has the highest interest rate.

According to Herron, the avalanche method can get you to the finish line faster since the money you save on interest can be applied to other debts, but it is more important to choose the method that you prefer. motivates the most.

Break the cycle

As you get rid of your debt, start automating your finances.

Moore has his clients set up automatic bill payments and savings contributions, so that money is put aside without having to think about it. If finances are tight in the pandemic, build towards a $ 500 emergency fund.

She also advises clients to use a separate account for non-essential expenses – 30% of your after-tax income is a good goal to achieve in this account. Customers can use the money to buy whatever they want, but once it’s $ 0, “that’s it,” she says.

“By automating and building systems, it helps you stick to your financial strategy and take the emotional part out of it. This is the key. ”

Governor JB Pritzker said today that the state will forgo federal funds due to the Trump administration’s so-called abortion gag rule.

The new rule, which the administration announced it would begin enforcing this week, prevents clinics that recommend abortions from accepting funds from the federal family planning program known as Title X.

If the rule stays in place through At the end of this fiscal year, the Illinois Department of Public Health will provide funding estimated at $ 2.4 million to the 28 beneficiaries who had previously received Title X, according to a statement from the governor’s office.

Planned Parenthood of Illinois, which received funding directly from the federal government, is not included. The organization said earlier this week that it would forgo more than $ 3 million in federal funds due to the newly imposed restrictions.

Title X funding is often used for preventive health services, such as cancer screening and HIV testing.

Pritzker signed the Reproductive Health Act last month, enshrining reproductive health care as a “basic right” in Illinois and eliminating virtually all state restrictions on contraception, sterilization and abortion.

“Under my administration, Illinois will always stand with women and protect their fundamental right to choose,” Pritzker said in the statement. “While I am committed to providing as much federal dollars as possible to the state, I refuse to sacrifice our values ​​and let vital care die out. In this state, we trust women to make their own health care decisions and will ensure access to reproductive health care for all of our residents.

The state estimates that nearly 773,000 women of reproductive age in Illinois are in need of publicly funded contraceptive services and supplies, the statement said.

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USDA plans temporary loan suspensions | Agriculture Wed, 07 Apr 2021 01:03:03 +0000

The US Department of Agriculture will temporarily suspend past due collections and foreclosures for the on-farm storage facility loan and direct-to-farm loan due to the pandemic, according to a press release from the USDA.

The suspensions are in place until further notice and are expected to continue as long as the national COVID-19 disaster declaration is in place.

The department will temporarily suspend non-judicial foreclosures, debt set-offs and wage recoveries, or foreclosures, as well as foreclosures at the US Department of Justice.

USDA has extended timelines for producers to respond to loan management measures, including loan deferral counterpart for financially distressed and delinquent borrowers, and changes are also available for loan program lenders. guaranteed.

The Farm Service Agency lends to more than 129,000 farmers, ranchers and producers. About 12,000 borrowers, or 10% of all borrowers, are eligible for one of the suspensions.

“The USDA and the Biden administration are committed to providing relief and support to farmers, ranchers and producers from all walks of life and at all financial levels, including ensuring that producers have access to temporary relief from the debt, ”Deputy Chief of Staff Robert Bonnie said in the press release.

Producers can contact the county Agricultural Services Agency offices to learn more about these changes to loan terms and available loan service options. The Victoria County office can be reached at 361-576-1129, ext 2, and Calhoun County is at 361-552-2969, ext 2. More information can be found online at and

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By protecting the interests of annuitants, we make the most vulnerable pay for the crisis Wed, 07 Apr 2021 01:03:03 +0000

Last week the Bank of England predicted that the UK economy will contract by 14% this year, which would represent the deepest recession in more than three centuries.

To many people, these economic statistics don’t mean much. But the consequences in the real world will be severe: someone, somewhere, will be forced to suffer a major financial blow. The question is: who should he be?

At the moment, it is clear who is being asked to shoulder the burden of the crisis. 7.5 million people have in vacations as part of the government’s job retention program, many of which experienced a 20% drop in income. Others weren’t so lucky: A wave of layoffs has already led more than 1.8 million new people to apply for universal credit, which in many cases will provide an income of just £ 94 per week.

Although the government says it has introduced measures to take the pressure off household spending, these have so far been limited to payment “holidays” on mortgages and personal debts. However, vacations are not a direct sacrifice of income on the part of creditors: payments are deferred rather than waived, and must then be repaid with additional interest. In terms of cash flow, vacations represent a transfer of wealth from debtors to creditors.

Tenants were particularly exposed. Although the government has made some changes to the local housing allowance, these will inevitably disappear big gaps between actual rents and housing assistance for many low-income tenants. At the same time, the government’s approach to tenants so far has assumed that landlords can be trusted to “be compassionate” and tenants can negotiate with them on a dime. ‘equality. Government advice says that when the crisis is over, landlords and tenants will “work together to agree on an affordable rent repayment plan” – seemingly oblivious to the significant power imbalances that exist between them.

Many businesses are also suffering. Although the government has provided direct cash assistance to businesses (e.g. through the Small Business Grant Fund) and extended corporate rate relief, the main pillar of its response has been to allow businesses to take on debt. more easily, many will find it difficult to repay. The government’s flagship coronavirus business interruption program protects lenders, not borrowers: Businesses that fail to repay their loans will always go bankrupt, while lenders can recover 80% of the loan’s value from government (and now 100% for smaller loans).

By putting all of this together, a common image begins to emerge. As Christine Berry, Shreya Nanda and I describe in a new report for the IPPR, while many households and businesses face serious financial difficulties, there is almost complete financial protection for the income of the “ rentiers ”: that is, the returns obtained by extracting from the value of owning scarce or monopolized assets. While there are many different sources of annuitant activity in the UK economy, perhaps the two most important are donors and financial services.

In the absence of substantial rent and debt relief, a significant portion of the money injected into the economy by the government will end up channeling to banks and homeowners. We estimate that 13% of state spending on the job retention program is likely to end up in the pockets of homeowners – or £ 2.8bn under a three-month freeze. When mortgage and loan repayments are added, that adds up to 45% of total spending, or £ 10bn. This is on top of the £ 23 billion already paid to homeowners each year through housing assistance.

Compared to the significant challenges faced by others, the income protection of annuitants is striking. Since rent payments will not be reduced in the long run, landlords are not asked to share the burden of the economic downturn. Banks that offer payment holidays don’t sacrifice any long-term income, since they collect missed payments with interest. The coronavirus business interruption loan program significantly protects banks against losses on crisis loans, while continuing to take full advantage of the rise in these loans without limiting interest rates.

Rather than being shared across society, it is clear that the risks and economic costs of foreclosure are borne disproportionately by those who are already financially vulnerable. Those less able to overcome the crisis are asked to make sacrifices to protect the incomes of those who are most able to overcome it.

In many ways, this shouldn’t be surprising. Most government response measures essentially put more money into a system designed to produce uneven results, without changing the power relations within that system. In the absence of measures to actively correct these inequalities and ensure a more equitable sharing of the risks of crisis, the UK’s economic recovery is likely to be slow, uneven and unfair, exacerbating existing structural imbalances.

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Auto makers and tech firms are the main components of Fed corporate bond purchases Wed, 07 Apr 2021 01:03:03 +0000

Apple Inc.,

AAPL -0.60%

Verizon Corp.

VZ 0.20%

and the US divisions of several foreign automakers are among the biggest direct beneficiaries of the Federal Reserve’s efforts to prop up the corporate debt market, according to Sunday’s revelations.

In total, the Fed on Sunday identified 794 companies whose bonds it will buy directly to support the investment grade corporate debt market. Besides Apple and Verizon, recipients include

AT&T Inc.

and the American units of

Toyota engine Corp.

TM 0.29%


Volkswagen AG

WISH -1.38%


Daimler AG

DMLRY 0.62%

. Together, these six companies accounted for 10% of the debt purchased from a large list of Fed-backed borrowers.

The list includes debt from 12 different sectors. Two of them – cyclical consumer and non-cyclical consumer industries – account for more than a third of the corporate bonds the central bank planned to buy, according to the latest information released.

The Fed announced in March that it would buy corporate debt to prevent the market from freezing and depriving businesses of needed liquidity as the economy shuts down due to the coronavirus shock to the nation.

Verizon Corp. is one of the main direct beneficiaries of the Fed’s purchases of corporate bonds.


John Marshall Mantel / Zuma Press

The central bank’s corporate debt program is structured in different phases. The Fed plans to buy up to $ 250 billion in debt already issued by companies. Later, he plans to buy up to $ 500 billion worth of newly issued bonds.

As part of its purchases of outstanding debt, the Fed began in mid-May to buy exchange-traded funds that hold both investment-grade bonds and investment-grade bonds. In another phase of those purchases, the Fed this month started buying real corporate bonds, not just ETFs. The central bank’s latest disclosures for the first time included the actual bonds it started buying this month.

In all, the central bank accumulated $ 8.7 billion in corporate debt until June 24. The program continues until September 30. Fed support has led to a boom in corporate debt issuance.

The Fed operates a market of $ 9.6 trillion corporate debt from companies that meet the criteria for the Fed’s lending program, including companies that were rated good on March 22 and whose maturities did not exceed five years.

The Fed will recalculate its list of potential purchases every four or five weeks to add companies that meet the eligibility requirements and to remove those that are no longer eligible.

The latest information revealed $ 398 million in securities purchased as of June 17, the first two days of individual bond purchases. These include bonds issued by a drug manufacturer

AbbVie Inc.,

ABBV 0.44%

media company

Comcast Corp.

CMCSA -0.37%

, beverage giant

Coca Cola Co.

KO 0.02%


UnitedHealth Group Inc.,

A H 0.02%

parent of the largest health insurer in the country.

Loan program announcements – on March 23, when the Fed announced it would buy investment grade debt, and on April 9, when it said it would include the debt of so-called fallen angels which had been demoted from investment grade after March 22 — helped drastically reduce borrowing costs for a range of businesses.

Some critics have questioned whether the Fed should buy bonds in the secondary market because debt is now so cheap.

Federal Reserve Chairman Jerome Powell


Kevin Lamarque / Reuters

Fed Chairman Jerome Powell defended the buying in a hearing before Congress earlier this month. Markets reacted strongly to the central bank’s announcement as investors expect the Fed to follow through on these purchases.

“We think we have to follow through and do what we said we were going to do,” he said.

The Fed will increase or decrease the amount of bonds it purchases based on various measures of how the market works. While these measures indicate lasting improvement to previously prevailing levels the coronavirus pandemic disrupted markets in March, Fed buying “would slow down noticeably and in some cases could come to a complete stop,” the New York Fed said earlier this month.

The Fed may not buy the maximum of $ 250 billion it has allocated to the program by September 30.

On the other hand, purchases would increase “if these measures subsequently indicate a deterioration in the functioning of the market,” he said.

The Fed also disclosed $ 6.8 billion in ETF holdings that invest in corporate debt, up from $ 1.3 billion a month earlier. Funds that focus on buying lower-grade debt securities accounted for around 11% of central bank ETF purchases, up from around 17% for the period May 12-18.

Copyright © 2020 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Amazon faces questions over book deletion from conservative author Wed, 07 Apr 2021 01:03:03 +0000

A group of Republican senators demand Inc.

AMZN 1.20%

to explain why he recently deleted a book on transgender issues that had been for sale on the platform for about three years.

In a letter to the CEO of Amazon

Jeff Bezos

As of Wednesday, Sen. Marco Rubio of Florida, Mike Lee of Utah, Mike Braun of Indiana and Josh Hawley of Missouri said that a book by conservative scholar Ryan T. Anderson, “When Harry Became Sally : responding to the transgender moment ”, was no longer available on Amazon nor on its Kindle and Audible platforms.

Amazon, they wrote, was “unable to provide a sufficient explanation” for how the book “allegedly violated a vague and undefined standard of” offensive content. “

An Amazon spokesperson did not comment on the letter. The company declined to provide details of its decision, saying in a statement earlier Wednesday that it reserved the right not to sell certain content based on its content guidelines for books.

“All retailers make decisions about which selection they choose to offer and we don’t take selection decisions lightly,” the statement said.

In their letter, the senators wrote that Amazon’s decision “was an open signal to conservative Americans that their views were not welcome on its platforms.” They asked the company to provide documents explaining its decision, including whether the book violated an Amazon policy.

Amazon is the nation’s leading book retailer, accounting for 53% of all books sold in the United States and 80% of all e-books, according to recent 30-day sales data from Codex Group LLC, a research company in the United States. ‘audience of books. Amazon’s dominance means that any decision to remove a title can have a disproportionate effect on the sales of the book.

In an interview on Wednesday, Mr Anderson said that because of his professional status – he is chairman of the Ethics and Public Policy Center, a conservative think tank based in Washington, DC – he was able to draw attention to the treatment. of his book by Amazon. . Other writers, he said, might not be so lucky. “I can make lemonade,” he says. “But how many more have had their books written off that we’ve never heard of?”

A spokesperson for Encounter Books, a New York-based nonprofit organization that publishes “When Harry Became Sally,” said on Wednesday that he was informed by its distributor that the book had been taken down for violating the content guidelines. ‘Amazon.

Under the “Offensive Content” category, Amazon’s content guidelines include a sentence that reads: “We do not sell certain content, including content that we consider to be hate speech, promotes abuse, or sexual exploitation of children, contains pornography, glorifies rape or pedophilia, advocates terrorism or any other material that we deem inappropriate or offensive. “

Mr Anderson said he first learned that his book was no longer on sale Sunday afternoon after a potential book buyer called him to tell him he couldn’t find the book on Amazon. Mr. Anderson then searched and could not find him.

“It’s hard to understand,” Anderson said. “As far as I know, I didn’t do anything. The book has been saying the same thing for three years. The book, which focuses on a variety of issues including gender identity, was originally published in February 2018.

In a tweet wednesdayMr. Anderson thanked the Republican Senators group for their support.

Major tech platforms have come under fire for implementing bans or suspensions of conservative figures.

Twitter Inc.

TWTR -0.47%

earlier this year permanently banned personal account of former President Trump in his service, while

Facebook Inc.

FB 1.16%

moved to deactivate Mr. Trump’s Facebook and Instagram accounts indefinitely.

Apple Inc.,

AAPL -0.60%

Amazon and

Alphabet Inc. of

GOOG 3.16%

Google also recently took steps to start Talking, a social media app and website that has gained popularity among conservatives. The actions against Mr. Trump and Parler vividly illustrate the influence of companies on online conversations and the political nature of their decisions. Although hailed by many, the expulsion of the president and some of his supporters also exasperated the others who said it amounted to censorship.

Amazon has already been pushed back on the books it allows on its platforms. In June, journalist and author Alex Berenson said booklet he wrote on the coronavirus pandemic was rejected by Kindle Direct Publishing, Amazon’s self-publishing arm. In the booklet, Mr Berenson argued that disease mortality estimates had been overestimated and the lockouts had been counterproductive.

You’re here Inc.

General manager

Elon musk

criticized Amazon’s decision on Twitter at the time, and Amazon later said in a statement that “the book was deleted in error.” A day later, the self-published booklet was # 2 on Amazon’s Kindle Store bestseller list.

A long-standing truism in the book business is that the only bad publicity is the lack of publicity, and this seems to be true of Mr. Anderson as well. The print edition is now sold out on, but late Wednesday afternoon the ebook ranked No. 3 on the bookseller’s list of the bookseller’s top 100 digital books.

A spokesperson for Encounter Books said Wednesday that the publisher had revamped 5,000 paperback copies.

Write to Jeffrey A. Trachtenberg at

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Nunavut MP does not regret Facebook post criticizing black women for having abortions Wed, 07 Apr 2021 01:03:03 +0000

Nunavut Premier Joe Savikataaq stripped Patterk Netser of his ministerial portfolios.

In an announcement Thursday morning, Savikataaq said he had been made aware of an “unacceptable post on social media”.

In a Facebook account allegedly belonging to him, Netser said “All Lives Matter,” a statement widely seen as a criticism of the Black Lives Matter movement because it ignores the disproportionate racism black people face.

The post then goes on to criticize black women for having abortions.

“I wonder how many black women have abortions and at what stage of gestation? Aren’t they lives too?” the message reads.

Netser was the minister responsible for Arctic College and the Nunavut Housing Corporation. He had the option of resigning or being stripped of his portfolios by the prime minister, according to a spokesperson for the prime minister’s office.

“Most shocking [part] He was the one who did it, “Savikataaq said in an interview with CBC.” A message like this should not be posted by anyone on the Executive Board or as a Member of Parliament. You represent all Nunavummiut and we are held to a higher standard. “

Ashley Burke / CBC

Netser says he doesn’t regret what he said, but apologized for offending anyone, in an interview with CBC News.

“I wasn’t targeting any interest group,” Netser said.

“It’s unfortunate. People are offended, people pick on me because I have this point of view … People are so insecure these days, you have to have duct tape over your mouth. “, he said.

Netser insisted that although he is a public figure, he has the right to speak his mind and that the prime minister has overreacted.

“The current laws that are in place in Canada that support the right of women … to choose are in place. My personal opinions, based on my beliefs, differ from these, ”Netser said.

“These are just my personal opinions and my personal opinions. I do not impose my beliefs on anyone and I respect people who do not impose their beliefs on me,” he said.

The city condemns the words of the councilor

Malaiya Lucassie, Iqaluit city councilor and daughter of Netser, responded to her message and said she had the same thought. In her commentary, she says nothing is done to acknowledge the deaths of Indigenous people, unlike the protest in the city of Iqaluit after the death of George Floyd, a black man who was killed by a policeman in the States. -United.

“All lives matter. Why don’t we do something for everyone and not just BLM, ”she said in her comment.

CBC has reached out to Lucassie for comment.

Patiq Netser / Facebook

Patiq Netser / Facebook

The city of Iqaluit said in a press release Thursday that the councilor’s views do not reflect the views of the city, adding that it is committed to including all members of its community. He says Lucassie has since apologized publicly.

The statement said Iqaluit City Council intends to discuss the incident at its next meeting and will use the opportunity to consider ways to educate council about racism and prejudice.

Lucassie’s post of apology on Facebook says she learned of the event.

“My intentions to call for change for the Inuit have been misrepresented, and I have no intention of straying from the BLM movement or any other group fighting the systemic racism we face,” a- she declared.

“I was wrong to refer to the Iqaluit BLM protest in my desire to see similar action on behalf of Inuit and Indigenous Canadians.

Advocacy groups weigh

Sileema Angoyuak, chair of the Qulliit Nunavut Status of Women Council, says she was furious when she saw the message.

“We are entitled to our opinions and beliefs … but as a public figure … [he] should keep this at bay, keep our personal beliefs and opinions out [himself] instead of expressing it to everyone, ”Angoyuak said.

She said that the council looks after all women in Nunavut, not just Inuit women, and you have to understand that a woman takes a lot of things into account when choosing abortion.

Sara Frizzell / CBC

Sara Frizzell / CBC

The Black History Society and the Black Lives Matter Committee of Nunavut praised the Prime Minister for his leadership in quickly stripping Netser of his wallets.

“He has shown himself to be a leader who truly understands that ‘injustice everywhere is a threat to justice everywhere’,” the company said in a statement.

In an interview with CBC, company president Stephanie Bernard said her reaction to the post was “an extreme horror,” saying it was particularly upsetting from someone of her rank.

The company recently launched a petition, addressed to the Government of Nunavut, calling for a territory-wide conversation about systemic racism and its effects.

Clayton Greaves, a member of the company’s board of directors, says racism affects the entire community, not just Black and Indigenous communities.

“We have always said that there needs to be real open dialogue in the community, in the land, about the race,” said Greaves.

The movement does not concern a particular segment of the community, but confronts the issue of racism wherever it appears, he said.

“Since the creation of the Black Lives Matter movement, which began on June 5 [in Iqaluit] with a demonstration, he always looked at issues that also affect the Inuit, ”said Bernard.

“The national and international Black Lives Matter movement is based on the premise that there is Indigenous sovereignty in Canada,” she said. “So in seeking to protect the lives of black people, we are also seeking to protect the lives of native people.”

Submitted by John Quirke

Submitted by John Quirke

The House to decide on the next steps for the fall sitting

The premier of Nunavut has done what he can with regard to the Facebook post by stripping Netser of his wallets, the premier’s press secretary said. He does not have the power to remove a cabinet minister.

The spokesperson said this was the first such message Savikataaq had encountered and he acted quickly to ensure that the government’s values ​​and ethics were upheld.

David Joanasie has received the Arctic College portfolio and Savikataaq will serve as Minister responsible for the Nunavut Housing Corporation.

If a minister does not resign, it is up to the House to pass a motion to remove him from Cabinet.

According to the statement, Savikataaq will take Patterk Netser’s question to the members of the Nunavut legislature when they meet for the fall sitting later this month.

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Biden to present Covid-19 relief package next week Wed, 07 Apr 2021 01:03:03 +0000

WILMINGTON, Del. – President elect

Joe biden

said on Friday he would “lay the groundwork” for billions of dollars in Covid-19 relief next week, and that he would push for an increase in the federal minimum wage to at least $ 15 an hour.

Mr Biden spoke hours after the Labor Department reported that the lost 140,000 jobs in December amid the resurgence of the pandemic, ending seven months of job growth.

“The bottom line is jobs report shows we need to bring more immediate relief to working families and businesses – now,” Biden said, before officially announcing additional members of his economic team. .

Mr Biden said his proposal would be “in the billions of dollars”.

“If we don’t act now, things are going to get a lot worse and harder to get out of the hole later,” he said.

He called on Congress to pass a measure to increase the minimum wage.

Mr Biden’s team developed the new Covid-19 relief plan as an extension of the $ 908 billion plan approved by Congress last month. The new president reiterated his call for additional checks to many American families, saying the direct payments of $ 600 already approved were not enough.

“We need more direct help for families and small businesses, including getting the job done of giving people direct payment of $ 2,000 – $ 600, just not enough,” did he declare.

Mr Biden spoke at an event where he unveiled the new members of its economic team, including Rhode Island Governor Gina Raimondo, her choice for the post of Commerce Secretary, and Boston Mayor Marty Walsh, her choice to head the Department of Labor.

Mr. Biden also pointed to historically low interest rates and the Federal Reserve’s limited ability to support credit to small businesses and municipalities as reasons to tolerate higher deficit spending to support economic growth.

“The overwhelming consensus among leading economists – left, right and center – is that to prevent the economy from collapsing this year and getting worse, you should invest significant sums now to grow the economy. ‘economy”. he said.

He said he was considering appointing Senator Bernie Sanders of Vermont, his progressive rival in the Democratic presidential primaries, to lead the Labor Department, but decided not to do so due to the slim Democratic majority. in the Senate.

Rhode Island Governor Gina Raimondo, seen on Friday, is President-elect Joe Biden’s choice for Commerce Secretary.


jim watson / Agence France-Presse / Getty Images

Mr Biden addressed reporters as Democrats in Congress pushes for the impeachment of President Trump after encouraging a crowd of supporters to come to the Capitol on Wednesday. A group broke into the building and forced Congress to delay its count of the electoral results of the States.

When asked if he supports efforts to introduce articles of impeachment against Mr Trump in the House, Mr Biden said he would leave it to members of Congress. “What Congress decides to do is for them to decide,” he said.

Mr Biden also said that Mr Trump was unfit for the post of president and that it was a good thing that he did not plan to attend his inauguration on January 20. He said he would welcome Vice President Mike Pence to the event.

Mr Trump said on Twitter hours before Mr Biden’s appearance that he would not be in attendance, breaking the precedent with past outgoing presidents.

The president-elect called on Republican senators who led the effort to oppose certification of his electoral victory.

“I think they should be beaten flat the next time they run,” Biden said of the senses. Ted Cruz from Texas and Josh Hawley from Missouri, referring to a Nazi propagandist and adding that senators were “part of the big lie. “

A spokesperson for Mr Cruz said: “This kind of rhetoric is disgusting, dishonest and bad for the country.” In a statement, Mr Hawley called the comments “outrageous, immature and untimely behavior”.

Mr. Biden also praised Republicans like Utah Senator Mitt Romney and Senate Majority Leader Mitch McConnell for resisting the president’s efforts to overturn the election result. Mr Biden said Wednesday’s riot facilitated his work to unify the country in some ways as some Republicans distanced themselves from Mr Trump.

“I think you’re going to see them go through this idea of ​​what constitutes the Republican Party,” he said.

Write to Ken Thomas at, Tarini Parti at and Kate Davidson at

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Chief Justice John Roberts blames Chuck Schumer for his ‘Pay the Price’ comments Wed, 07 Apr 2021 01:03:03 +0000

WASHINGTON – Chief Justice John Roberts on Wednesday criticized the Senate’s top Democrat for saying the two Supreme Court members appointed by Trump would “pay the price” if they voted against the right to abortion.

“I want to tell you, Gorsuch. I want to tell you, Kavanaugh. You released the whirlwind and you will pay the price! Senate Minority Leader Chuck Schumer (D., NY) said, speaking to Justices Neil Gorsuch and Brett Kavanaugh at a court rally as judges overheard an argument over a Louisiana Abortion Law. “You won’t know what hit you if you make these terrible decisions.”

Chief Justice Roberts, who spoke out in 2018 against President Trump’s attacks on federal judges, quoted Mr. Schumer’s remarks in a statement released after Wednesday’s hearing.

“Judges know that criticism comes with territory, but threatening statements like this from the highest levels of government are not only inappropriate, they are dangerous. All members of the Court will continue to do their work, without fear or favor, regardless of the neighborhood, ”the statement said.

Mr Schumer’s spokesperson replied: “Sen. Schumer’s comments referred to the political price Senate Republicans will pay for bringing those judges to court, and a warning that the judges will spark a major popular movement on the reproductive rights issue against the ruling.

American Bar Association president Judy Perry Martinez echoed the chief justice’s concerns, saying the legal organization was deeply troubled by Mr Schumer’s remarks.

“Whatever one thinks about the merits of a question in court, there is no room for threats, whether real or allegorical,” she said. “Such comments call into question the reputation of the co-equal third branch of our government; the independence of the judiciary; and the personal safety of judicial officers. They are never acceptable. “

Supreme Court justices have recently been in the political crosshairs.

During a visit to India last month, the president said judges Sonia Sotomayor and Ruth Bader Ginsburg should be excluded from matters concerning him although he did not threaten the judges. Chief Justice Roberts did not respond to the president’s remarks.

Mr. Trump, on Twitter On Wednesday evening, Mr. Schumer’s comments were called a “direct and dangerous threat to the United States Supreme Court”.

“If a Republican did this, he or she would be arrested or arraigned,” Mr. Trump wrote. “Serious action MUST be taken NOW!”

In November 2018, the Chief Justice refuted President Trump’s comments denigrating California federal courts, including his characterization of a lawyer who ruled against the administration as an “Obama judge.”

“We don’t have Obama judges or Trump judges, Bush judges or Clinton judges,” the chief justice said at the time. “What we have is an amazing group of dedicated judges who do their best to uphold the same law as those who appear before them.”

Write to Jess Bravin at

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