September 28, 2022
  • September 28, 2022

Monthly Archives: March 2021

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Chinese loans to Latin America plunge as virus strains linked

by on March 23, 2021 0
MIAMI – It looked like a match made in finance heaven. In 2010, China, with its booming economy and state-owned enterprises seeking to expand globally, set its sights on Latin America, a capital-starved but natural-resource-rich region that the Asian giant lacked. . The result: a record $35 billion in state-to-state loans that year. Fast... Read More
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Restructuring THAI will not be easy

by on March 23, 2021 0
While I was head of the Corporate Finance department of National Finance (now Thanachart Bank), I handled numerous debt restructuring files. The biggest was the 20 billion baht debt of a chain of hospitals. Like Thai Airways, creditors had to decide what was more valuable: liquidate the assets or keep the business going. I... Read More
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Airbus veterans urged to save aviation supply chain

by on March 23, 2021 0
They are Team A – respected veterans of Airbus, Europe’s aerospace champion, called from retirement to defend the industry’s fragile supply chain against a devastating collapse in demand. Each was chosen to lead a national task force: Tom Williams, former director of commercial Airbus operations, for the UK; Didier Evrard, former head of aircraft... Read More
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EasyJet founder demands Airbus order be postponed or canceled

by on March 23, 2021 0
**UPDATE: 03/30/2020 @ 13:42UTC – Airline statement added** easyJet founder Sir Stelios Haji-Ioannou has called on the airline to end all future Airbus deliveries. The move comes as the low-cost carrier has grounded all of its planes until June at the earliest. The aviation industry is currently facing a challenge far greater than anything... Read More
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10 steps to successful aircraft financing

by on March 23, 2021 0
The business jet financing market is changing, as is the rest of the global economy. It is becoming more and more regulated, more conservative and more international. Its biggest challenge is the excess cash that many aircraft buyers have on hand with no place to invest. Banks, in a similar situation, prefer to lend... Read More
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Aircraft lessors applauded by US airline bailout

by on March 23, 2021 0
Aircraft leasing companies are hoping government stimulus funds can help struggling US airlines, as half of the world’s carriers seek rent relief for their planes. The precipitous drop in demand for air travel caused by the coronavirus pandemic has hurt not only airlines, but also companies that supply around 40% of their planes, collecting... Read More
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EasyJet raises an additional £203m from aircraft sales

by on March 23, 2021 0
The additional funding brings the total the airline has raised from the sale of 23 of its planes to £608million. Photo: Salvatore Di Nolfi/Keystone via AP Easy Jet (EZJ.L) said on Friday it had raised a further £203 million ($266 million) from the sale and leaseback of its aircraft, as it further strengthened its... Read More
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Global Jet Capital completes securitization and raises $522 million

by on March 23, 2021 0
Danbury, CT, Nov. 02, 2020 (GLOBE NEWSWIRE) — Global Jet Capital, a global leader in business jet financial solutions, today announced the closing of its 2020-1 BJETS securitization, raising approximately $522 million of dollars. BJETS 2020-1 is Global Jet Capital’s fourth ABS offering, bringing total assets securitized to over $2.8 billion and bonds issued... Read More
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US Admiral Talks China’s 3rd Aircraft Carrier: ‘Go ahead and build this big ship’

by on March 23, 2021 0
Shandong Chinese carrier. APL Photo China’s pursuit of more aircraft carriers validates the U.S. Navy’s commitment to building more U.S. aircraft carriers in the future, the U.S. admiral in charge of providing forces to the fleet said Thursday. “Of course they. It makes the point that aircraft carriers are important,” Admiral Chris Grady, commander... Read More
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Will it be difficult to get a home loan after confinement?

by on March 23, 2021 0
Whether you’re a first-time buyer, a mover, or a homeowner looking to remortgage, it’s a complicated time to navigate the mortgage market. In recent months, banks have withdrawn and reinstated agreements based on government regulations and their own resources. And with mortgage payment holidays and lending rules for customers on leave adding further complexity,... Read More
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Is it getting easier and easier to get a mortgage?

by on March 23, 2021 0
The number of mortgage transactions in the market has reached its highest level since the start of the COVID-19 epidemic. This news will be music to the ears of homebuyers, many of whom have struggled to cope with high rates and disappearing offers in recent months. Here, which one? explains what is happening in... Read More
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Trump declares national emergency over coronavirus

by on March 23, 2021 0
President Trump declared a national emergency over the coronavirus on Friday, freeing up additional resources and funding as federal, state and local governments attempt to combat the disease’s rapid spread. The move allows the Federal Emergency Management Agency (FEMA) to tap into billions of dollars and mobilize personnel more quickly to help state and... Read More
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Louisville hotels get help with PPP loans

by on March 23, 2021 0
FOCUS found that the Omni was just one of 102 hotels and other accommodations on the metro to receive PPP loans. LOUISVILLE, Ky. — Just one day less than five full months since it closed, the Omni Louisville is back in business. Managing Director Scott Stuckey pointed out that few people in his industry... Read More
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SBA drought loan deadline approaches

by on March 23, 2021 0
ABC Bank of Commerce Announces Appointment of New Executive Vice President Kally Arrington, Market President for West Texas at American Bank of Commerce, announced that Randy Kitten has joined Team ABC as Executive Vice President, Business Banker. Randy has over 35 years of commercial banking experience in the Lubbock and DFW areas. Kitten earned... Read More
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How to Start a Hobby Farm

by on March 23, 2021 0
If you want to start a hobby farm, you probably have a lot of questions about how and where to start. What do you need to know before taking the next step of buying a hobby farm and starting to farm? What things should you consider as you move forward? What it is and... Read More
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Biden eyes Rep. Marcia Fudge as agriculture secretary

by on March 23, 2021 0
WASHINGTON — One of the leading contenders for agriculture secretary hails from Cleveland, has the support of progressives, and has worked for years to boost food stamp programs. Rep. Marcia Fudge is among a diverse list of people President-elect Joe Biden plans to lead the U.S. Department of Agriculture, a 10,000-staff department that itself... Read More
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Michigan agribusinesses now eligible for economic disaster loans

by on March 23, 2021 0
EIDL loans will provide support to small businesses that experience a loss of income during this time. LANSING, Mich. — Farmers in Michigan are receiving financial assistance amid the COVID-19 pandemic. According to the Michigan Department of Agriculture and Rural Development, Michigan agribusinesses are now eligible for the United States Small Business Administration’s (SBA)... Read More
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Capital Farm Credit earns borrowers $55 million

by on March 23, 2021 0
Bryan, Texas, Nov. 19, 2020 (GLOBE NEWSWIRE) — Capital Farm Credit’s Board of Directors recently approved the cash redemption of $55 million of a portion of the stock awards issued in 2012. Borrowers with loans in 2012 began to receive their share of the cash payment in recently mailed checks. Combined with the $88.5... Read More
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Return of coronavirus relief programs for agriculture – webinar recording available

by on March 23, 2021 0
Recent COVID-19 relief legislation has allowed a number of programs to provide additional financial support to a wide range of agricultural businesses. These programs include updates to the Paycheck Protection Program (PPP), employee retention credits, economic disaster loans, sick leave tax credits and an expansion of the coronavirus food aid (CFAP). Michigan State University... Read More
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We lost 60% of our first stock Eve woman

by on March 23, 2021 0
Winfred Nyambura Ndung’u, 44, is the founder/business manager of The Clay Republic, a company that sells pure clay products to improve health and empower traditional potters. She talks to us about the roots of her business, the gains and losses of running a business, and overcoming challenges to sustain it. My journey Growing up,... Read More
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Government aims to produce 600 bumi entrepreneurs in wood and furniture industry by 2025, says Wee Jeck Seng

by on March 23, 2021 0
PUTRAJAYA: The government aims to produce 600 bumiputra entrepreneurs in the wood and furniture industry by 2025 through several initiatives which include training, incentives and provision of loans, the Deputy Minister of primary and commodity industry Datuk Seri Dr Wee Jeck Seng (Photo). According to Wee, this is because bumiputra participation in the wood... Read More
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Quicken Loans lobbyist says helping Michigan unemployment agency ‘doesn’t make sense’

by on March 23, 2021 0
Despite an initial “offer” to help the state’s beleaguered unemployment insurance agency, Quicken Loans Inc. and its affiliates were ultimately not the right partners to meet the agency’s technology needs. That’s according to a letter dated Monday from the Rock Family of Company’s top lobbyist, Jared Fleisher, to state Rep. Matt Hall, a Marshall-area... Read More
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New study to unpack the unequal lending practices behind

by on March 23, 2021 0
Washington, DC, Sept. 29, 2020 (GLOBE NEWSWIRE) — United Negro College Fund (UNCF), the Center for Responsible Lending (CRL), and the Center for Community Capital (CCC) at the University of North Carolina are partnering to investigate the Black Student Debt Crisis, with a particular focus on Black students who attended Historically Black Colleges and... Read More
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Mboweni on IMF loan of 70 billion rand to South Africa

by on March 23, 2021 0
Finance Minister Tito Mboweni said the International Monetary Fund (IMF) loan to South Africa will not be “specifically earmarked for the payment of salaries”. Responding in a written parliamentary Q&A, the finance minister said the loan is a special facility created for member countries in emergency situations. “It’s called a Rapid Financing Instrument (RFI)... Read More
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African industry is doing better than previously thought

by on March 23, 2021 0
“TTHE FUTURE is here,” says Ibrahima Sarr, pointing to the factories he runs in Senegal. After working and studying for 18 years in Europe, he returned home to help spark a manufacturing revolution. He is now with Africa Development Solutions, a Malian conglomerate, which runs factories that make e-bikes, pipes and, soon, clothes. Listen... Read More
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Barstool Sports’ Dave Portnoy speaks with passion for the millions of worried small business owners and their workers

by on March 23, 2021 0
Dave Portnoy, founder of Barstool Sports (Photo by Slaven Vlasic/Getty Images) Getty Images “The coronavirus pandemic is emerging as an existential threat to small businesses across the country,” the Washington Post this week. Over the past two months, more than 100,000 small businesses have permanently closed due to the effects of the Covid-19 pandemic.... Read More
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A brief history of Mexico’s love affair with corn

by on March 23, 2021 0
Cotija on the stick Brad Japhe The relationship between corn and the Americas dates back millennia, as indigenous tribes in the southern highlands of Mexico selectively cultivated and bred the tiny, rock-hard cobs in the vegetable we know and love today. . Over time, the culture has spread to all levels of human society,... Read More
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Bollywood’s affair with the Indian mafia

by on March 23, 2021 0
Famous Bollywood actor Sanjay Dutt was released from prison last week after serving a five-year sentence for possession of illicit weapons supplied to him by the architects of the deadly 1993 Mumbai terror attacks. His release marks the end of a high-profile case that highlights the close and ongoing connection between India’s famed film... Read More
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All you need to know

by on March 23, 2021 0
An illuminated Huawei Technologies Co. logo is displayed above their booth on the opening day of the… MWC Barcelona in Barcelona, ​​Spain on Monday, February 25, 2019. At the wireless industry’s largest conference, more than 100,000 people are set to see the latest innovations in smartphones, smart devices artificial intelligence and autonomous drones... Read More
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How Rick Gates came across his extramarital confession

by on March 23, 2021 0
“He, unsolicited by me, let it slip, and that was for a short period of time,” Kevin Downing said the next day during a private conference with U.S. District Court Judge TS Ellis III and Mueller’s prosecutors. Moments earlier, Downing had suggested in open court that Gates had up to four extramarital affairs while... Read More
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Novel Coronavirus Disease (COVID-19) – Public Health

by on March 23, 2021 0
New coronavirus disease (COVID-19) COVID-19 Vaccination Update Many VA facilities and clinics offer COVID-19 vaccines for: All veterans Spouses and Surviving Spouses of Veterans Caregivers of veterans. For COVID-19 vaccine eligibility, we define a caregiver as a family member or friend who provides care to a Veteran. Caregivers can help a veteran with personal... Read More
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Take out a student loan? 5 things you need to keep in mind

by on March 23, 2021 0
Pursuing higher education has become an expensive affair lately. This is why most parents prefer an education loan to fulfill their children’s dreams. These loans are very useful when it comes to courses in top institutions, which are expensive and parents are unable to afford. Although student loans can be funded by jobs that... Read More
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Finding Reasons to Be Optimistic – Fort Bragg Advocate-News

by on March 23, 2021 0
To help keep the Mendocino Coast community informed of coronavirus updates, Dr. William Miller, Chief of Staff, Mendocino Coast District Hospital; and Tabatha Miller, Fort Bragg City Manager (no relation), have teamed up for The Miller Report, a hyperlocal weekly column on the progress of COVID-19 within our community. MCDH Chief of Staff, Dr.... Read More
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Detail the tax implications of PPP loans

by on March 23, 2021 0
The approaching tax season raises new questions for business owners who have obtained a loan under the Paycheck Protection Program. Can you deduct expenses paid with your loan funds? Do you need to do something different this year? And if your loan is cancelled, is this considered taxable income? The answers to these questions... Read More
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Oakland County announces UWM as COVID-19 vaccination host site for residents

by on March 23, 2021 0
Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. Site of the UWM sports complex to administer vaccines from April 2 PONTIAC, Mich.–(BUSINESS WIRE)–United Wholesale Mortgage, (UWM), America’s leading wholesale and purchase lender, today announced that it will host a divisional COVID-19 vaccination site... Read More
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How to Invest Using a Robo-Advisor in 2020 and Build Wealth

by on March 23, 2021 0
Maskot/Getty Images Managed portfolios, sometimes called robo-advisors, are investment accounts that are assigned a professionally designed portfolio based on your investment goals. Robo-advisors offer several great advantages over human financial advisorsincluding better harvesting of tax losses and reduced management costs. If you don’t know much about investing, a managed portfolio is a great way... Read More
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140 Beverly businesses receive PPP loans worth over $150,000

by on March 23, 2021 0
BEVERLY — More than 100 Beverly entities have received Paycheck Protection Program (PPP) loans, each worth at least $150,000, to help small business owners maintain payrolls, to rehire employees who may have been terminated and to cover applicable overhead costs. Across the country, 4.9 million PPP loans have been made available; detailed loan level... Read More
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Commonwealth Bank Announces Lowest Fixed Rates Ever

by on March 23, 2021 0
Michael Baumann, Executive Managing Director, Home Buying, said, “We know customers are looking to retain fixed rate certainty, with around 40% of new customers fixing their loans to take advantage of the current record low rate environment. These changes allow homeowners and investors to take advantage of our lowest fixed rates ever, on top... Read More
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How FinTech is transforming microfinance

by on March 23, 2021 0
The world is moving towards digitalization in the truest sense of the word. Digital payments are strengthening the movement. Staggering statistics are emerging that show just how much people are embracing fintech. According to a to study published by Mordor Intelligence, the Fintech market is expected to grow at a compound annual growth rate... Read More
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Meet the Teenagers Who Earn Thousands Selling Online | Work & careers

by on March 23, 2021 0
EEntrepreneurial teens are selling trendy merchandise on resale platforms like Depop – and earning mega-bucks. Every Thursday morning, a snake-like queue forms outside streetwear brand Supreme’s store in Soho as fans line up hoping to walk away with bags full of limited-edition clothing.” abandoned” that day. Among the fanatics, there are teenagers, and they... Read More
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10 tips on marketing to teens in your retail business

by on March 23, 2021 0
Do you actively market to teens as retail customers? If not, you are missing a huge opportunity. Between allowance and income, Barkley estimates that teens spend up to $143 billion of their own money (not including all the money their parents spend on them). The majority of this spending takes place in brick-and-mortar stores:... Read More
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We Need To Calm The F&%$ About Teen Parenting

by on March 23, 2021 0
I love my children to the end of my heart, but I think I actually love them more once they became teenagers and i learned to CTFD as a parent. “What is CTFD?” you might be asking. Why, it’s a parenting method. And that means: Calm The F&*% Down. Teenagers present their own set... Read More
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Teen Xanax Abuse Is Rising

by on March 23, 2021 0
BALTIMORE – Drug use among teens during the summer often goes unnoticed. It’s when school starts and students fall asleep in class, swap pills in the hallways, and fail tests that the truth becomes apparent. This school year, addiction experts say they expect an onslaught of teens addicted to Xanax and other sedatives in... Read More
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Job insecurity linked to depression during COVID-19: study

by on March 23, 2021 0
“It is clear from this study that the Covid-19 pandemic has had far-reaching effects on young adults,” said study author Kyle T Ganson of the University of Toronto in the United States. “It is imperative that public policies tackle economic downturns to ensure job security for young adults, which could eventually attack their mental... Read More
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How the far right is using video games and technology to attract and radicalize teenage recruits | The extreme right

by on March 23, 2021 0
John was 15 when a member of his Facebook group volunteered to become Britain’s “first white suicide bomber”. Another advocated attending Friday prayers at the local mosque and “killing people where they are”. Another wanted to burn down the place of worship. In the end, no blood was shed. Police quickly raided several houses... Read More
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13 universities with the highest international student acceptance rates | Best colleges

by on March 23, 2021 0
Many schools admit most or almost all international applicants. It is easier for future international students to be admitted in some American colleges that others. Among the 117 ranked National universities which received at least 500 international applicants and reported this data to US News, the average acceptance rate for international students was 43.8%... Read More
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What are your chances of entering medical school?

by on March 23, 2021 0
Only about 41% of applicants in the United States medical schools who applied for admission for the 2019-2020 school year registered, according to official statistics published by the Association of American Medical Colleges. This is one of the reasons why medical school admissions experts advise applicants to have a realistic perspective of their degrees... Read More
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Why adult children are moving home, again

by on March 23, 2021 0
When Lindsay Reynolds was put on leave from her job in events and marketing at Disney this year, her parents suggested she leave Florida and return home to Pennsylvania to save money while looking for a job. She took them over. “It was a good decision, but there are days when you feel like... Read More
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How to get a college application fee waiver

by on March 23, 2021 0
College application fees can add up quickly, with some schools charging up to $ 90 just for applying. If you can’t afford these fees, don’t worry, you may be able to get a college application fee waiver. Application fee waivers allow you to apply to college for free so that you can save your... Read More
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CARES Act Loans and SPE Borrowers Locke Lord LLP

by on March 23, 2021 0
SPE borrowers should carefully review their existing loan documents when considering loans under the CARES Act in order to relieve liquidity pressures. Existing loans may contain SPE covenants or other provisions that limit additional indebtedness, trigger recourse, or create defaults if additional indebtedness is incurred or if statements are made that a party is... Read More
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Let’s talk: create value and avoid price competition

by on March 23, 2021 0
Evaluating the price of your service or product can be difficult, especially in areas where competitors are competitively priced. So how do you keep your business away from price competition? Let’s talk… Jonathan Jeffries, Partner, Think & Grow When setting up your business, it is important to know your worth. Competitive pricing is an... Read More
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SBA takes action to improve first paycheck

by on March 23, 2021 0
Washington, January 26, 2021 (GLOBE NEWSWIRE) – The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much-needed P3 funds. The Biden-Harris administration works to ensure small businesses get the support they need to... Read More
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CFPB publishes annual threshold adjustments for TILA (Z regulation) | Weiner Brodsky Kider PC

by on March 23, 2021 0
The CFPB recently amended TILA implements Regulation Z by updating the dollar amounts of various thresholds for several provisions that are adjusted each year. The threshold adjustments will take effect on January 1, 2021. For indefinite consumer credit plans under TILA, the threshold for minimum interest charge disclosure will remain unchanged at $ 1.00.... Read More