Private press victim of deteriorating political climate

first_img ZambiaAfrica News June 17, 2005 – Updated on January 20, 2016 Private press victim of deteriorating political climate “Unless this happens, suspicion which would undoubtedly fall on the Zambian police, could aggravate a situation that is already quite unstable.” March 12, 2019 Find out more Zambia : Outspoken Zambian TV channel suspended for 30 days November 27, 2020 Find out more to go further Reports News Help by sharing this information March 29, 2020 Find out more Follow the news on Zambia Reporters Without Borders has expressed concerned about growing tension engulfing opposition media after a radio journalist was questioned for reading a listener’s fax on air and newspaper sellers were brutally attacked by presidential party activists.The press freedom organisation urged the Lusaka police chief, in a letter, not to allow the press to become a scapegoat.Anthony Mukwita, a freelance journalist, presenter on privately-owned Radio Phoenix and correspondent for Reporters Without Borders, was questioned by state police for one hour on 15 June 2005 for having read out live on 10 June a fax sent by an anonymous listener. Its message was a warning to the government of Levy Mwanawasa against the possibility of a reappearance of the same discontent that motivated a coup attempt in 1997.An officer from the Lusaka division, accompanied by two detectives, questioned Anthony Mukwita at the offices of the organisation, the Media Institute of Southern Africa (MISA). They asked the journalist to give them the fax that had been read out on air and to reveal where it came from. The journalist refused and only agreed to make a written statement in the presence of his lawyer.On 15 June, Radio Phoenix listeners were particularly stirred by the withdrawal of charges against a former minister in a corruption case. This decision caused a public outcry, all the more so, since from 2002 the government had officially made the struggle against corruption a priority.This same news was picked up by The Post, a Lusaka-based privately-owned weekly that said in its editorial, “Mr. Levy is a liar and everything linked to his presidency is nothing but fraud, fabrication and lies”. On the same day the newspaper was the target of government supporters. The newspaper’s sellers were attacked by a group apparently close to the ruling Multi-Party Democracy party (MDD). The assailants, wielding machetes, seized more than 2,000 copies of the 15 June issue while others shouted out that the weekly had insulted the president.”The press are often a convenient scapegoat when the political climate in a country deteriorates”, Reporters Without Borders said in a letter to the regional police chief in Lusaka, Chendela Musonda.”The two recent incidents reported in Zambia seem to us worrying in this context. The interrogation of a journalist and the assault on newspaper sellers are signals that we would not like to see repeated. That is why we are asking you, on one hand to ensure that the services that you are in charge of observe the strictest legality in dealings with the press and respect the principle of protection of sources of information. On the other hand, we have noted your actions aimed at punishing the perpetrators of the assaults on the sellers of the Post. We nevertheless ask you to see to it that these investigations are thorough and independent. News Receive email alerts The 2020 pandemic has challenged press freedom in Africa Coronavirus infects press freedom in Africa Organisation ZambiaAfrica RSF_en last_img read more

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Freddie Mac Transfers $9.1B in Risk

first_imgHome / Daily Dose / Freddie Mac Transfers $9.1B in Risk The Best Markets For Residential Property Investors 2 days ago Freddie Mac Transfers $9.1B in Risk Share Save Freddie Mac has announced that its Credit Risk Transfer (CRT) program transferred $9.1 billion of credit risk on $231 billion of single-family mortgages from U.S. taxpayers to the private sector in 2019. In 2020, Freddie Mac anticipates issuing between $12 and $16 billion in CRT offerings.“2019 was an incredibly productive year for Single-Family CRT, as we brought 30 deals to market,” said Mike Reynolds, VP, Credit Risk Transfer. “2020 will be another ambitious year as we expect it to be our largest issuance calendar yet.”Through its offerings, Freddie Mac issued approximately $1.8 billion across seven STACR and ACIS transactions in the fourth quarter—five on-the-run deals (DNA and HQA) and two seasoned deals (FTR). STACR DNA4 was Freddie Mac’s first REMIC (Real Estate Mortgage Investment Conduit) transaction.As a result of STACR and ACIS on-the-run transactions this quarter, Freddie Mac transferred between 80% (high LTV HQA series) and 92% (low LTV DNA series) of the credit risk on the underlying reference pools, helping to reduce capital required under the Conservatorship Capital Framework.Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred $53 billion in credit risk on $1.4 trillion in mortgages. In a series of papers authored by former Freddie Mac CEO and Harvard Joint Center for Housing Studies (JCHS) Senior Industry Fellow Don Layton, Layton explained the purpose and role of the CRT.“Today, over six years later, more than 70% of the credit risk on new single-family mortgages is transferred to private market investors,” said Layton. “Given that the two GSEs together have about $5 trillion of single-family mortgage credit exposure outstanding, this means very large amounts of risk are being transferred–something almost unimaginable when Freddie Mac introduced the first transaction as a somewhat experimental initiative in July 2013. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily February 20, 2020 948 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Credit Risk Transfer Freddie Mac 2020-02-20 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Southern States Lead Delinquency Drops Next: Regulators Push Community Reinvestment Act Comment Deadline Tagged with: Credit Risk Transfer Freddie Mac The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, Loss Mitigation, News Subscribelast_img read more

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Biden urges patience with vote count, says he’s on track to win

first_imgBiden said he’s also confident “we’re going to win Pennsylvania.”There are still tens of thousands of absentee and mail-in ballots that have not been counted, especially in the key states of Pennsylvania, Michigan and Wisconsin, which count in-person votes first, then absentee votes. While Biden was speaking, President Donald Trump preemptively accused Democrats of trying to steal the election. – Advertisement – This is a developing story. please check back for updates. WASHINGTON — Democratic presidential nominee Joe Biden told supporters early Wednesday morning that he is confident about his campaign’s chances of winning the election. “I’m optimistic about this outcome,” Biden said in Wilmington. “We’re confident about Arizona” and Minnesota, he said. “We’re still in the game in Georgia, although that’s not one we expected … and we’re feeling real good about Wisconsin and Michigan.”- Advertisement – – Advertisement –center_img Democratic presidential candidate former Vice President Joe Biden speaks to supporters, early Wednesday, Nov. 4, 2020, in Wilmington, Del.Paul Sancya | AP – Advertisement –last_img read more

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Queenslanders go high tech to future proof homes

first_imgMs Miles said technology was becoming increasingly integrated within our daily lives due to our active lifestyles.“This demand has flowed into the design world where we are beginning to see technology emerge more often within the home,” she said.“For example, coming home late at night and being able to remotely activate the house’s lighting, cooling and security, all from the user’s smartphone.”Fixtures, bold splashbacks and benchtops will be used to create a layering effect of textures and colours to personalise the heart of the home.Smart fixtures will also make an appearance within the bathroom, offering advanced technology shower accessories with automated innovations and more personalised offerings.Ms Miles said bathrooms were no longer the sterile, utilitarian spaces in a home.“More and more we are seeing them become a room fitted with furniture and decor that creates a spa-like experience. These rooms are becoming places of respite and relaxation, exciting the user’s senses through additions of soft furnishings and aromatics,” she said.“Smart features are becoming increasingly popular in order to customise these user experiences. From thermostatic temperature controls, automated sensors and lighting, to illuminated bathroom fixtures and fittings, we are seeing huge technological advancements finding their way into our water closets.’’For more styling inspiration, visit Porter Davis’ World of Style (WOS) showroom in Fortitude Valley or online via qld.porterdavis.com.au/world-of-style More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoPorter Davis says the way of the future is clever integration of technology in homes. Porter Davis says clever integration of technology, appliances and furnishings from the kitchen to the bathroom will become more evident, with advancements in smarter home technology throughout the home.Smarter technology in Queensland homes will be ramped up this year with appliances and furnishings from the kitchen to the bathroom.Porter Davis Queensland lead interior designer Janelle Miles said streamlining was a new buzzword for 2019, enabling all areas of the home to work better together to create harmonious spaces.Most buyers who are investing in smart fixtures and features throughout their homes are commonly undertaking new builds, Ms Miles said.“This is mainly due to the ease of installation and the ability to personalise aspects that cater to the individual’s tastes and desires,” she said.“Technology is becoming increasingly affordable and more common to have in your home. In saying this, renovations can lead to a lot of unknowns and factors that might become quite costly to a buyer who is looking to retrofit these emerging technologies.”She said sleek and smooth kitchens would become the norm, achieved by “streamlining’’ technology, cabinetry and appliances to create a luxurious and harmonious space. Smart fridges and voice-controlled appliances would be standard and expect to see less fixtures and fittings as kitchens evolve as handless spaces, including practical touch control cabinets.“This look will be complemented with natural finishes, including light marbles and dark timbers to contrast. Chrome is still king, however matte black will continue to trend with brushed brass and gunmetal immerging in tapware offerings,” she said.last_img read more

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