Industry Impact: China and U.S. Rolling Back Tariffs

first_imgAccording to the People’s of Republic of China Ministry of Commerce, China and the U.S. have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between the two sides, Bloomberg reports. Bloomberg stated that an anonymous U.S. official confirmed Thursday that an agreement to roll back tariffs would be part of phase-one deal.“The question right now is what the two sides have actually agreed on. The market’s focus has shifted to how the U.S. may react to China’s tariff remarks tonight or in coming days,” said Tommy Xie, an economist at Oversea-Chinese Banking Corp. “Investors are still cautious.”In housing, the ongoing trade war between China and the U.S. is “kicking the tires” of growth, according to a forecast from Goldman Sachs, but a report by the Council of Foreign Relations projects that a recession could occur as soon as the 2020 Presidential Election. The report references the years preceding the 2008 financial crisis, which saw a rising gap in the growth in home prices and household income, and a “parallel dynamic is playing out” today.“In 2018, as in 2005, housing-price growth began falling rapidly, with significant price drops occurring in several major markets … The trend-line in existing-home sales growth has also been down since 2015, tipping into negative territory at the start of last year. Similar drops have preceded nearly every recession since 1970,” the report states.Earlier this year, as tariffs were being discussed, industry economists including Tendayi Kapfidze, LendingTree’s Chief Economist and Danielle Hale, Chief Economist of discussed the direct impact tariffs have on housing. Kapfidze noted that the sector that would be hit the hardest are lower-priced homes, as “thin margins on lower-priced homes will shrink further.”“This will exacerbate the inventory challenge at the lower end of the housing market, accelerating prices here beyond the added tariff expense, and worsening the affordability and availability problems in this part of the market,” Kapfidze said.Danielle Hale, Chief Economist of, said the biggest victims of the market’s decline are luxury homes, since they have “considerably more exposure to stock investments.”Bloomberg reports that Trump administration officials in recent days have expressed optimism that phase one of a comprehensive trade deal might come together this month. Meanwhile, investors are waiting for further confirmation of progress between the two sides.“I am skeptical on how fast the progress will be,” Iris Pang, Economist with ING Bank NV in Hong Kong, told Bloomberg. “How fast the roll back will be is critical to get material and long lasting positive sentiment for the market as well as for both economies.” Industry Impact: China and U.S. Rolling Back Tariffs Home / Daily Dose / Industry Impact: China and U.S. Rolling Back Tariffs in Daily Dose, Featured, Investment, News Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Seth Welborn Tagged with: China Tariff U.S. Sign up for DS News Daily China Tariff U.S. 2019-11-07 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: The Areas Where Homeowners Are Still Underwater Next: Tax Foreclosures Under Scrutiny Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago 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. The Best Markets For Residential Property Investors 2 days ago Share Save November 7, 2019 695 Views last_img read more

18 Negros families flee Kanlaon unrest

first_imgEntry into the four-kilometer radius permanent danger zone is strictly prohibited due to further possibilities of sudden and hazardous steam-driven or phreatic eruptions. Governor Eugenio Jose Lacson said on Wednesday these residents were transferred to a school as a precautionary measure. Bago City Councilor and SP Committee on Disaster Risk Reduction and Management Chairman Councilor Jozsef Mark Dexter Somcio, said 50 individuals who flee home are residents of Sitio Harab in the said barangay. The said sitio sits below a cliff.Bago City Disaster Risk Reduction Management Office head Dr. Merijene Ortizo, said they called for the evacuation due to the danger of landslides and rockslides which were being triggered by the earthquake.Ortizo also reported that there were no reported damages or casualties caused by the recent earthquakes.Aside from Barangay Ilijan, residents of the neighboring Barangay Mailum, also reported landslides in their area during the 4.7 magnitude earthquake last Monday.However, authorities in the barangay reported no casualties and no damages to either crops or livestock in the area. Earthquakes and sulfuric fumes emitted by Mt. Kanlaon force these residents of Barangay Ilijan in Bago City, Negros Occidental to flee their homes Tuesday night. Localities surrounding the volcano were alerted after two magnitude 4.7 earthquakes were recorded by the Philippine Institute of Volcanology and Seismology early Monday morning. BAGO CITY DISASTER RISK REDUCTION AND MANAGEMENT OFFICE Phivolcs on Tuesday recorded 104 volcano-tectonic earthquakes from the western flanks of Kanlaon during the 24-hour observation period. It also observed “weak emission of white steam-laden plumes” that rose up to 300 meters before drifting northwest and southeast. Kanlaon Volcano continued its unrest after it emitted white steam-laden plumes that rose 300 meters, according to the Philippine Institute of Volcanology and Seismology (Phivolcs). In its advisory on Wednesday morning, the PHIVOLCS said the emission in the last 24 hours indicates that hydrothermal or magmatic activity is occurring beneath the edifice. Alert Level 1 means the volcano is at an abnormal condition and has entered a period of unrest.center_img “Ground deformation data from continuous GPS measurements indicate a slight deflation of the lower and mid slopes since January 2020. Short-term electronic tilt monitoring on the southeastern flanks recorded continuing deflation on the lower slopes but inflation on the mid slopes since April 2020,” it added. “Activity at the vent consisted of moderate emission of white steam-laden plumes that rose 300 meters before drifting southwest. Sulfur dioxide (SO2) emission was measured at an average of 438 tonnes per day on 13 June 2020,” said Phivolcs. BY DOMINIQUE GABRIEL BAÑAGA and ADRIAN STEWART COBACOLOD City – Mt. Kanlaon remains at Alert Level 1. Some 18 families in Bago City, Negros Occidental were evacuated. Alert level 1, out of a maximum of 5, remains raised, indicating that the volcano is in “an abnormal condition and has entered a period of unrest.” It added that a total of 38 volcano-tectonic earthquakes were recorded from the western flanks of the volcano, including a 3.6 magnitude at 7 p.m. on Tuesday night, which was felt at Intensity III in La Carlota City and at Intensity II in Bago City, Negros Occidental. Civil aviation authorities were also urged to advise pilots to avoid flying close to the volcano’s summit as ejecta as materials spewed into the air from any sudden phreatic eruption can be dangerous to aircraft. (With PNA/PN)last_img read more

Sumner Newscow letter to editor policy

first_imgThe Sumner Newscow strongly encourages signed guest editorials and letters to the editors which have been traditional staples of the printed newspapers.They will be treated prominently as regular news blogs, and very little editing will take place only for basic clarity, grammar and syntax.  We will feature editorials and letters on Sundays.Contact us here at 620-326-0717 or e-mail us at [email protected] or [email protected] if you so choose to have one published. Comments will not be pulled for either guest editorials or letters to the editor. Thank you notes and cleverly disguised political candidate/business advertisements are not considered legitimate editorials. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comment (1) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +1 Vote up Vote down Ted Logan · 376 weeks ago “editing will take place only for basic clarity, grammar and syntax.” So you hired a sports guy AND an editor???:) Report Reply 0 replies · active 376 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more

Silence at Spurs over Pochettino United speculation

first_imgLondon, United Kingdom | AFP | Tottenham Hotspur manager Mauricio Pochettino may be the bookmakers favourite to get the number one job at Manchester United on a permanent basis but on Thursday the club press officer refused to allow questions on the matter.The press officer said the 46-year-old Argentinian — whose attractive style of football and ability to bring on young players has earned him praise — had dealt with the matter on Tuesday.On that occasion — just hours after Jose Mourinho had been sacked — he said there were a lot of rumours and he could not answer such a question but “wanted to deliver my best at this football club.”However, Britain’s Press Association reported that at Thursday’s press conference — to look ahead to Sunday’s match with Everton — the press officer eventually resorted to asking for the cameras to be turned off after the journalist posing the question refused to cede ground.A debate lasting just under two minutes then took place over the matter.One question mark that has been posed about Pochettino’s eligibility for the United job is he is yet to win a trophy. Indeed under Pochettino Spurs — who have not won a trophy since the 2008 League Cup — have fallen short in two successive FA Cup semi-finals and surrendered a lead over Juventus in the last 16 of the Champions League last term.They will try and dispose of the ‘chokers’ tag in a two-legged League Cup semi-final with Chelsea — who beat Spurs in the 2015 final of that competition in Pochettino’s first season in charge — in January.However, Pochettino — who is contracted to Spurs till 2023 — played down the possibility that the elusive trophy was within their grasp.“Closer? I think it’s a long way still,” he said.“I think we’re playing against Chelsea over two legs and of course it’s going to be our fourth or fifth semi-final in four-and-a-half years.“But we’re so far away. There’s a lot of work to do.”Share on: WhatsApplast_img read more

Riverhounds extend unbeaten streak to six at Highmark Stadium

first_imgPITTSBURGH – On a hot and humid night in Station Square, the Pittsburgh Riverhounds defeated the Rochester Rhinos 3-0 Saturday night at Highmark Stadium. With the win, the Riverhounds earned their first back-to-back victories of the season and extended their unbeaten streak to six games in USL PRO play. Riverhounds strikers Jose Angulo and Jhonny Arteaga, along with second half substitute Ryan Kinne tallied a goal each to lift the home side past their long-time region-rival, the Rhinos.The game opened up with a slow pace, but both sides would receive an early scoring opportunity in the first ten minutes. The Riverhounds nearly scored on a short corner in the 7th minute when Matt Dallman picked out a slashing Alfonso Motagalvan. Shaking off his marker at the edge of the six yard box, Motagalvan headed Dallman’s service cleanly, but his header flew inches over the crossbar. On the ensuing restart, the Rhinos Thomas McManus played a diagonal ball in behind the Riverhounds defense for Michael Reidy. Taking a touch towards goal, Reidy’s touch brought Riverhounds goalkeeper Hunter Gilstrap off his line. Closing Reidy at the edge of the penalty area, Gilstrap turned Reidy’s shot off frame and out for a corner.The two sides battled for possession in the midfield throughout the remainder of the first half. The Riverhounds would take advantage of a quality combination from Andrew Marshall and Motagalvan at midfield to create a numbers-up situation at the edge of the Rhinos penalty area in the 42nd minute. Motagalvan freed the ball to Dallman right of the Rhinos goal. Trying a one-two combination with Arteaga, Dallman’s touch deflected off his marker and back on to his right foot sixteen yards from goal. Dallman rifled a shot past Rhinos net-minder Kriston Nicht, but his attempt rattled the crossbar and landed on the foot of Angulo. Taking a touch to his dominant left foot, Angulo slid a shot past Nicht for the game’s first goal. With the goal, Angulo raised his team-leading conversions to five and Dallman raised his league-leading assist total to seven.The Rhinos would come out of the break with high pressure and midfielder Tyler Roselund would pick the pocket of Motagalvan thirty-five yards from goal. Driving to the edge of the penalty box, Roselund ripped a shot on target, but Gilstrap was in good position to smother the shot.The Riverhounds would add to their lead in the 63rd minute when Marshall found Angulo behind the Rhinos defense on the left flank. Jumping quickly into the attack, Angulo picked his head up to see Arteaga racing to the back post. A brilliant early service by Angulo across the mouth of the goal would find the back of the net off Arteaga’s head. Angulo’s cross seemed to have eyes as it snuck between Nicht and Arteaga’s marker. Rising above the ball, Arteaga headed home from just inside the six yard box for his second tally of the season.The Riverhounds would add an insurance goal in the 88th minute when Kinne struck from close range. Rich Costanzo played a driven ball down the right flank for Kevin Kerr. Digging the ball out of the corner, Kerr slipped a pass back for Kinne. Taking his first touch past the Rhinos defense, Kinne took a hard right-footed shot past Nicht for his first goal of the season.The Riverhounds remain at home next Friday, June 7 when they host Toronto FC Reserves of the MLS. The game will kick off at 7:00 p.m. and is being promoted as a “White-Out” night, with every spectator receiving a white T-shirt upon arrival at Highmark Stadium. The Rhinos return to Rochester to host the Montreal Impact Reserves next Friday. Their match is slated to start at 7:35 p.m. at Sahlen’s Stadium.To purchase Riverhounds tickets, visit or call the Highmark Stadium Box Office at (412) 224-4900.last_img read more


first_imgA Garda investigation has been launched after Tory Island’s only café was burned to the ground.Tory IslandCafé An Chreagain was completely destroyed in an overnight blaze.The popular café has been open for a number of years. There is no Garda presence on the island which has a population of around 150 people.However a Garda forensics team traveled to the island today to carry out a full examination of the scene.It has still not been established what started the fire.The café, which is owned by the McGinty family, is extremely popular both with locals and with tourists over the summer months.   Ends GARDA INVESTIGATION LAUNCHED AFTER ISLAND’S ONLY CAFE BURNED TO GROUND was last modified: February 12th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

If this is the Warriors’ last ride, at least it will be fascinating

first_imgOAKLAND — The Warriors’ didn’t let on how challenging their 2017-18 season was.Yes, there were injuries — big ones as well as small, nagging ones — and improved competition around the league, but the champs’ biggest challenge was phycological.The Warriors had to fight boredom and complacency all season, and frankly, they weren’t all that good at it. There’s sandbagging and lollygagging, then there’s what the Warriors did last season. And while the end result was a four-game NBA Finals sweep, …last_img read more

Photos: Golfer Michelle Wie and husband Jonnie West buy SF home for $3 million

first_imgNewlyweds golf star Michelle Wie and husband Jonnie West — a Golden State Warriors exec and son of NBA legend Jerry West — have purchased a home in San Francisco for $3 million, reports here if viewing from a mobile device.The Kite Hill five-bedroom, five-bath home is not far …last_img

New Jersey Allows Email Voting: A Sign Of Things To Come?

first_imgThe Dos and Don’ts of Brand Awareness Videos Related Posts Guide to Performing Bulk Email Verification brian proffitt A Comprehensive Guide to a Content Auditcenter_img Tags:#2012 election#Government#hurricane sandy#politics#security For the first time in history, nearly every citizen of a U.S. state will be given access to participate in their general election today via email and faxing. But this special event is overshadowed by serious doubts as to security of all types of electronic voting, much less relying on email.The New Jersey ExperimentNew Jersey’s Christie administration made the announcement for the emergency policy change on November 3, in the wake of Hurricane Sandy. The idea is to permit registered voters in the Garden State to vote electronically using a system that Military and Overseas voters already use under the Uniformed and Overseas Citizens Absentee Voting Act (UOCAVA). Actually, Jersey’s emergency plan is even less restrictive than the state’s existing procedure, which usually requires absentee voters under UOCAVA to mail in a signed affidavit.According to the Governor’s office, “displaced voters may submit a mail-in ballot application either by email or fax to their county clerk. Once an application is approved, the clerk will electronically send a ballot to the voter by either fax or email in accordance to the voter’s preference. Voters must return their electronic ballot – by fax or email – no later than November 6, 2012, at 8 p.m.”New Jersey voters can also vote by provisional ballot in counties other than their original residence if they prefer.The Garden State’s extraordinary efforts come in direct response to Hurricane Sandy, which made landfall in New Jersey a little over a week ago and caused widespread damage to polling places and residents’ homes in a critical moment on the electoral calendar.If such a storm had hit at any other time of the year, or even in an off-election year, it is not clear New Jersey would have taken these dramatic steps. For election watchers, though, New Jersey’s move is a grand experiment, a chance to find out how well the process works and what, if any, flaws crop up.Hacking The Electronic VoteThis is a big deal. Online voting is not something that happens with any regularity in the U.S. Currently, only 28 U.S. states allow email and fax voting – even for for UOCAVA-eligible voters. Another five states allow fax-only ballots for the same demographic. Of these 33 states that have electronic absentee voting in place for Military and Overseas voters, only one – Arizona – also provides a Web portal for qualified voters to use.In fact, despite promises of convenience, fast tabulation of votes and improved ease-of-use, there are big issues with all kinds of electronic voting (online or at the polling place). The biggest issue: security. According to Verified Voting, a non-partisan watchdog site, the best election processes are those that include some sort of paper record of voting activity that can be audited if there is ever a question of fraudulent activity. But most electronic voting options don’t leave a paper trail.Given that many state legislatures seem so concerned about voter fraud that they are enacting voter ID laws, it seems odd that the same groups seem more than happy to use voting systems that could be potentially hacked on a much larger scale – with no way to gather evidence to prove whether it happened or not.On Monday, Roger Johnston, head of the Vulnerability Assessment Team at Argonne National Laboratory, posted an article on Popular Science outlining how simple it would be to grab some equipment from an electronics store and execute a man-in-the-middle attack on a touchscreen voting machine – for as little as $10 and a Saturday afternoon.“The attacks require physical access. This is easy for insiders, who program the machines for an election or install them. And we would argue it’s typically not that hard for outsiders,” Johnston wrote. “A lot of voting machines are sitting around in the church basement, the elementary school gymnasium or hallway, unattended for a week or two before the election.”Decentralization Limits The DamageElections in the U.S. are typically handled at the county level, with individual Clerk’s offices managing voter registration and the election process in the various counties and parishes. The good news is that would require hackers to break into a multitude of different machine types – a one-attack-fits-all strategy would not work.The bad news – as mentioned above – is that with the exception of optical scan devices and electronic voting machines capable of printing a record of a voter’s choices, there’s no paper trail to audit. If these machines were tampered with, there is very little chance for such tampering to be immediately detected, unless the hacker is dumb enough to over-weigh the tampered votes of one candidate over another. Given the relative ease in which Johnston and his team created hacks for voting machines, this kind of tampering is very much a real danger.A Really Big TargetThis, more than any reason, is why the U.S. electorate has not attempted a “pure” online election. With electronic voting machines, at least there’s still a physical device you have to hack, which does not scale very well from the attackers’ viewpoint. But a truly online election, hitting one central server? That might be too tempting a target for hackers to resist. And a successful hack could change millions of votes.Take the District of Columbia Board of Elections and Ethic’s rather daring public challenge in 2010: After setting up an Internet voting pilot to enable overseas voters to cast their ballots, the District invited all comers to try to break into the system and compromise its results.In just a few hours, a team from The University of Michigan found a vulnerability and had inserted fictitious characters into the mock election’s ballot, even gaining control of the cameras watching the election servers to make sure their activity wasn’t visually spotted. The winner of the election? Futurama robot Bender.“Our experience with the D.C. pilot system demonstrates one of the key dangers in many Internet voting designs: one small mistake in the configuration or implementation of the central voting servers or their surrounding network infrastructure can easily undermine the legitimacy of the entire election,” concluded the academic paper outlining the attack.Today’s New Jersey experiment is a last-minute attempt to cope by a state battered by Hurricane Sandy. Given the very real security concerns surrounding electronic elections, don’t expect it to be the norm anytime soon. Hopefully, at least, it won’t be another object lesson in what can go wrong with electronic voting.Image courtesy of Shutterstock. Facebook is Becoming Less Personal and More Pro…last_img read more

Pencak silat gives PH 24th gold, 3 more bronzes

first_imgCatriona Gray spends Thanksgiving by preparing meals for people with illnesses Read Next UPLB exempted from SEA Games class suspension Trending Articles PLAY LIST 00:50Trending Articles01:35Panelo suggests discounted SEA Games tickets for students02:49World-class track facilities installed at NCC for SEA Games03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH03:04Filipino athletes share their expectations for 2019 SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games Kammuri turning to super typhoon less likely but possible — Pagasa LATEST STORIES Dines Dumaan won the Philippines’ 24th gold medal in tanding – men’s class A in the pencak silat competitions of the 2017 Southeast Asian Games Tuesday at Kuala Lumpur Convention Centre Hall 2.The 22-year-old stopped his Indonesian foe Firman in the Finals to win the 45-50 kilogram division.ADVERTISEMENT View comments LOOK: Venues for 2019 SEA Games Don’t miss out on the latest news and information. SEA Games in Calabarzon safe, secure – Solcom chief Brace for potentially devastating typhoon approaching PH – NDRRMC Mastafa Fitri Masjuri of Malaysia and Muhammad Ridhwan Selamat of Singapore took home bronze in the event.Dumaan’s win capped off a successful day for the Philippine pencak silat team after Princesslyn Enopia, Rickrod Ortega, and Jefferson Rhey Loon all bagged bronze medals in their events.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutPlacing third in the 55-60 kilogram division, Ortega came away with the bronze medal in the tanding – men’s class C.Loon, meanwhile, settled for a bronze medal in tanding – men’s class D, finishing third in the 60-65 kilogram division. Typhoon Kammuri accelerates, gains strength en route to PH WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding PH squash team nets two more bronzes MOST READlast_img read more