Artist tax – David Hemmings Bird Photography http://www.davidhemmingsbirdphotography.com/ Mon, 06 Sep 2021 03:02:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://www.davidhemmingsbirdphotography.com/wp-content/uploads/2021/06/icon-2021-06-25T155134.587.png Artist tax – David Hemmings Bird Photography http://www.davidhemmingsbirdphotography.com/ 32 32 Celebrating 20 years of CVPA at the Star Store http://www.davidhemmingsbirdphotography.com/celebrating-20-years-of-cvpa-at-the-star-store/ Sun, 05 Sep 2021 22:35:53 +0000 http://www.davidhemmingsbirdphotography.com/celebrating-20-years-of-cvpa-at-the-star-store/ NEW BEDFORD – Downtown will be lit up with free art and entertainment on September 9 as AHA Live! night takes to the streets to celebrate the role the arts played in New Bedford’s economic recovery. This month’s theme celebrates 20 years since the opening of the UMass Dartmouth Star Store campus for the College […]]]>

NEW BEDFORD – Downtown will be lit up with free art and entertainment on September 9 as AHA Live! night takes to the streets to celebrate the role the arts played in New Bedford’s economic recovery.

This month’s theme celebrates 20 years since the opening of the UMass Dartmouth Star Store campus for the College of Visual and Performing Arts. Dean A. Lawrence Jenkens said: “. . . students and faculty contribute to the city’s increasingly vibrant cultural life, fueling investment and interest around the Star Store. This artistic ecosystem has been incredibly successful.

“We invite you to take a stroll downtown and check out all the free AHAs!” Nightly entertainment in dozens of venues, plus fabulous food served at the many and diverse restaurants downtown, ”said AHA! Director Lee Heald. “This month’s theme pays homage to the dazzling impact of the CVPC Star Store on the artistic culture of our seaside town.”

AHA! Highlights of the night:

Hip Hop in the garden: 3 p.m. – 4:30 p.m.

New Bedford Whaling National Park Visitor Center

33 Williams Street

Unlimited 3rd Eye Gift

The five pillars of hip-hop, part 5

Hosted by Lonelle Walker

This is the last of 5 monthly events (May-September) exploring the 5 pillars of hip hop (Knowledge, B-Boy / Girl, Graffiti, MC’ing, DJ’ing) through performance, visual art and sharing. Discover the five pillars, the history of these traditions and the origin of their influences.

The Fishing Heritage Center, 6 p.m. to 8 p.m.

New exhibition at the gallery: Women’s work: at sea, on land, at home, in the community

Reception to welcome all visitors.

Starry Night Craft & the Bookmobile: 3:00 p.m. New Bedford Main Library, 613 Pleasant Street

Look for the bookmobile near Wing’s Court at 5:30 p.m.

New Bedford Art Museum: 4:00 p.m. to 8:00 p.m.

608 Pleasant Street

Dear Malcolm Postcard Project

This summer and fall, the art museum will work with New Bedford Whaling National Historic Park (and exhibition partner Uncommon Threads) to engage the community in the Dear Malcolm Postcard project. Stop by to color, write and cut out a postcard to Malcolm X. The postcards will be collected by NBAM for display at the visitor center at New Bedford Whaling National Historic Park until November.

Go Out and Pop-Up Art Show

Showcasing artwork by young people during this summer’s Get Out & Art program, sponsored by the SouthCoast Community Foundation.

More exhibitions from the art museum, free for all during the AHA evening:

Uncommon Subjects: The Works of Ruth E. Carter

A solo exhibition celebrating the 30-year career of Massachusetts native Ruth E. Carter as an Oscar costume designer. With costumes from Dolmite Is My Name (2019), Roots (2016 reboot), Selma (2014), Do The Right Thing (1989) and Malcolm X (1992). The exhibit follows Carter’s creative process and includes sketches, mood boards, iconic costumes, and other ephemera from her Los Angeles studio.

Eadweard Muybridge: Animal locomotion

The latest exhibit at the Art Museum by New Bedford Library Art Curator Allie Copeland. Eadweard Muybridge: Animal location is the library’s latest exhibit featuring historical photographic studies of moving animals and early film screenings.

Lawn games: 4 p.m. to 6 p.m. Roach-Jones-Duff Garden

396 County Street

Bring a picnic, relax on the lawn and play a game of croquet or pétanque with friends.

Music and Art on William Street Alison Wells Gallery, 5 p.m. to 8 p.m.

106 Guillaume Street

Shop for local art. New prints and note cards from Alison’s “in the Neighborhood” series on New Bedford (currently on display at the New Bedford Whaling Musuem). More original wok by selected guest artists in stained glass, woodwork, ceramics and macrame.

Outside the Celia boutique, 5:30 p.m. – 7:30 p.m.

Dance to the music of acoustic duo Montage Bleu with Annett Almeida and Kim Mitchell performing an eclectic mix of covers spanning decades and styles. Enjoy complex arrangements, complex harmonies and multiple instruments!

First AHA in person! Mini concert

Intertwined, 6 pm-7pm

634 Pleasant Street

Interwoven is a gallery of designer spaces that brings together the craft of food and fabric making with its connection to cultures around the world. Provide creative space, gallery exhibitions, private event space, pop-up rental opportunities, consignment sales and more.

Two of New Bedford’s own singers / songwriters:

Hooly J. Chan describes himself as a fairy or an alien. Holly travels the world writing songs and playing the ukulele. She recently wrote and released two albums: “Hospital Socks” and “Make Believe”, both on CD to tell her personal story of her healing journey and to comment on society and the world.

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Did Liverpool’s unrealistic price tags damage their transfer window? – Liverpool fc http://www.davidhemmingsbirdphotography.com/did-liverpools-unrealistic-price-tags-damage-their-transfer-window-liverpool-fc/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/did-liverpools-unrealistic-price-tags-damage-their-transfer-window-liverpool-fc/ Liverpool ended the summer transfer window with just one signing and with a number of fringe players still on the books. So why was that? In the current setup, Liverpool rarely take an active part in the pageantry of the transfer deadline day. The winter window of 2021, when Ozan Kabak and Ben Davies were […]]]>

Liverpool ended the summer transfer window with just one signing and with a number of fringe players still on the books. So why was that?

In the current setup, Liverpool rarely take an active part in the pageantry of the transfer deadline day.

The winter window of 2021, when Ozan Kabak and Ben Davies were brought into emergency blanket at center back in the final hours of trading, is an anomaly.

Prior to that, the most recent signing at Anfield was Alex Oxlade-Chamberlain, who traded Arsenal for Liverpool in a deal worth £ 35million.

Even then, the arrival of Oxlade-Chamberlain was far from a surprise; Gone are the days of the latest frenzied gusts such as the one that brought Andy Carroll and Luis Suarez through the Shankly Gates on the same day.

But the nature of the market is such that Michael Edwards, Julian Ward, Mike Gordon and, more frequently, Director of Loan Management David Woodfine remain busy throughout the due day.

A busy deadline, but no signatures?

Liverpool came in on Tuesday with plenty to do in terms of spending, as supporters kept low hopes of a new addition in midfield, attacking or both.

There were sales expectations for Divock Origi, Nat Phillips, Loris Karius, Sheyi Ojo and possibly Neco Williams, while the future of Rhys Williams, Jake Cain, Tony Gallacher, Elijah Dixon-Bonner, Luis Longstaff and Morgan Boyes had to be resolved.

Twenty-three hours have passed in a day kicked off by a new four-year contract for Jordan Henderson, and Origi, Phillips, Karius, Williams, Gallacher, Dixon-Bonner and Boyes remained in Merseyside.

Loans have been finalized for Ojo, Williams, Cain and Longstaff, but there has been no handshake on the standing deals, either on entry or exit.

So the transfer window ended with Ibrahima Konate the only signing of the first team and a third of the peripheral numbers intending to be sold still on the books.

Top leagues in Russia, Turkey and Mexico are still in a position to do business for now, which could present another avenue for players like Origi and Karius, but for all intents and purposes the cutoff point has been exceeded.

NORWICH, ENGLAND - Saturday August 14, 2021: Liverpool manager Jürgen Klopp during the FA Premier League game between Norwich City FC and Liverpool FC at Carrow Road.  (Photo by David Rawcliffe / Propaganda)

Jurgen Klopp will now continue with the players already at his disposal – and, at least outwardly, he will be happy to do so – while potentially not even registering a full allocation of senior players.

But until January at the earliest, many will be pondering what could have been had one of Europe’s best teams been beefed up further.

There is certainly a question to be asked as to whether Liverpool and those overseeing transfers have made a rod for their own backs when it comes to moving players.

High price tags

LIVERPOOL, ENGLAND - Saturday December 30, 2017: Liverpool Director of Football Michael Edwards and Commercial Director Billy Hogan during the FA Premier League match between Liverpool and Leicester City at Anfield.  (Photo by David Rawcliffe / Propaganda)

Given the 24-hour market coverage, with a growing section of supporters seemingly more interested in signings and sales than performance on the pitch, the Reds’ efforts to move their deadwood have been widely publicized.

Journalists close to the club were able to provide updates on the future of Xherdan Shaqiri, Harry Wilson, Marko Grujic and Taiwo Awoniyi, among others, aided by sources further afield.

This usually accompanied reports on Liverpool’s valuations for these players, with price tags set to give interested parties a rough figure when negotiations began.

It often happens that these are part of the value maximization process during talks – for example, if Awoniyi is shown as available for £ 8million then some clubs would be alerted to his availability.

However, from an outside perspective, the fact that these valuations were not achieved for any of the four senior players sold and that trades did not materialize for others suggests a problem.

LIVERPOOL, ENGLAND - Sunday 27 December 2020: Liverpool substitutes Rhys Williams, Xherdan Shaqiri and Nathaniel Phillips ahead of the FA Premier League match between Liverpool FC and West Bromwich Albion FC at Anfield.  The match ended in a 1-1 draw.  (Photo by David Rawcliffe / Propaganda)

In fact, Liverpool can be seen to have missed a total of £ 62.5million in eight fringe figures this summer, comparing their reported prices to fees collected.

Of those sold – namely Shaqiri, Wilson, Grujic and Awoniyi – it was Grujic who saw the biggest drop between expected fees and what Porto ultimately paid for him – from £ 20million to £ 10.5million. books.

And while it could be seen as a coup, Wilson was sold for £ 12million with only a year left on his contract, but there was hope that Fulham would pay up. 3 million more pounds.

Meanwhile, it was seen as some sort of success that the club managed to convince Lyon to more than double their initial bid for Shaqiri, but the £ 9.5million made was still below the minimum value of 13 million pounds announced to fans. could bring.

LIVERPOOL, ENGLAND - Saturday August 28, 2021: Liverpool supporters during the FA Premier League match between Liverpool FC and Chelsea FC at Anfield.  (Photo by David Rawcliffe / Propaganda)

Perhaps this is the biggest problem: the proliferation of information about transfers and how fans consume them creates unrealistic hopes, especially when a ‘sell-to-buy’ approach is put forward.

It is easy to overlook the structure of some transactions, with sale clauses such as those agreed for Wilson, Grujic, Awoniyi, Kamil Grabara and Liam Millar possibly representing part of the missed price.

But if funds were really needed for sales – and more realistically, players needing to be moved before other bodies were brought in – maybe Liverpool set their prices too high?

Is it any wonder that no buyer could be found at the fees charged for Origi, Phillips, Williams or Ojo given their performance levels over the past two years?

Origi is the best example of this: a player whose stock could not have been higher at the end of the 2018/19 season, but who has returned to a lower level than needed to challenge players like Sadio Mane and Mohamed. Salah, can no longer be summoned or cashed.

A vicious circle

GRÖDIG, AUSTRIA - Friday 23 July 2021: Divock Origi of Liverpool during a pre-season friendly match between Liverpool FC and FSV Mainz 05 at Greisbergers Betten-Arena.  (Photo by Jürgen Faichter / Propaganda)

The decision to give Origi a new five-year contract following the Champions League triumph in 2019 remains one of the biggest and most sentimental failures of Edwards’ tenure as sporting director.

Now Liverpool are unable to coax offers for the Belgian even for £ 10million less than the £ 22million deal struck with Wolves in 2018, when he was left two years on his previous contract.

That Origi turned down the transfer to Molineux was not the fault of members of the club’s hierarchy – and goals against Everton, Barcelona and Tottenham justified No.27’s decision – but the situation now playing out certainly is.

And while he enjoys similar cult status among fans, it’s hard not to draw a parallel with the four-year deal handed to Phillips when none from Newcastle, Burnley, Brighton or Southampton do. disbursed £ 15million before the deadline.

LIVERPOOL, ENGLAND - Sunday 23 May 2021: Nathaniel Phillips of Liverpool wearing a head bandage during the FA Premier League final match between Liverpool FC and Crystal Palace FC at Anfield.  (Photo by David Rawcliffe / Propaganda)

Phillips can be happy with his role as a fifth-choice center-back, especially given Joel Matip and Joe Gomez’s injury histories, but there’s unlikely to be a better time to capitalize on his profile than The Window which just disappeared.

So the problem continues: Liverpool retain a fragile stomach in their otherwise world-class squad, as the pricing of potential suitors appears to have sabotaged ‘sell-to-buy’ prospects.

Whether this proves to be fatal remains to be seen, and thankfully Klopp is still confident in success on multiple fronts with the players he has.

But the supporters are well within their rights to question the position taken throughout the summer.

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US forces leave Afghan airbase in Bagram after 20 years | NATO News http://www.davidhemmingsbirdphotography.com/us-forces-leave-afghan-airbase-in-bagram-after-20-years-nato-news/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/us-forces-leave-afghan-airbase-in-bagram-after-20-years-nato-news/ After nearly 20 years, the US military left Afghanistan’s Bagram Air Base, the epicenter of its war, to oust the Taliban and track down the perpetrators of the 9/11 attacks, two US officials said. The air base has been handed over in full to the Afghan National Defense and Security Forces, they said on Friday […]]]>

After nearly 20 years, the US military left Afghanistan’s Bagram Air Base, the epicenter of its war, to oust the Taliban and track down the perpetrators of the 9/11 attacks, two US officials said.

The air base has been handed over in full to the Afghan National Defense and Security Forces, they said on Friday on condition of anonymity because they were not authorized to release the information to the media, the Associated Press reported. .

One of the officials also said that the US commander-in-chief in Afghanistan, General Austin S Miller, “still retains all capabilities and authorities to protect the forces.”

Afghan soldiers stand guard at a checkpoint outside Bagram Air Base [File: Wakil Kohsar/AFP]

At its peak, Bagram Air Base saw more than 100,000 US troops pass through its sprawling complex 50 km (30 miles) north of the capital, Kabul.

An Afghan official said the base would be officially handed over to the government in a ceremony on Saturday, Reuters news agency reported.

The withdrawal from the air base is the clearest indication that the last of the 2,500 to 3,500 American troops have left Afghanistan or are about to leave, months before President Joe Biden’s promise that they would be left on September 11.

In Washington, DC, Biden told reporters at the White House that after 20 years of U.S. support, he expects Afghan government leaders and military to face increasing Taliban attacks.

“They have the capacity to support the government. There’s going to have to be more negotiations down the road, I guess, ”Biden said.

“But I’m afraid they are dealing with the internal issues they need to be able to generate the kind of support they need nationally to keep the government going,” the US president said.

It was clear shortly after the announcement in mid-April that the United States was ending its “Eternal War,” that the departure of American soldiers and their estimated 7,000 NATO allies would be closer to the end. July 4, when the country will celebrate its Independence Day.

Most NATO troops have already left Afghanistan this week.

Announcements from several countries analyzed by the Associated Press show that a majority of European troops left unceremoniously – in stark contrast to the dramatic public display of strength and unity when NATO allies lined up for support the American invasion in 2001.

The United States declined to say when the last of its troops would leave Afghanistan, citing security concerns, but also the protection of the Hamid Karzai International Airport in Kabul which is still being negotiated. Turkish and American soldiers are currently protecting the airport.

The United States will also have around 6,500 troops in Afghanistan to protect its sprawling embassy in the capital. It is understood that their presence will be covered by a bilateral agreement with the Afghan government.

The United States and NATO leave Afghanistan as Taliban fighters advance in several parts of the country, invading dozens of districts and overwhelming besieged Afghan security forces.

In a disturbing development, the government has resurrected militias with a history of brutal violence to aid Afghan security forces.

“The Taliban at the door of Kabul”

In what had all the hallmarks of a final press conference, General Miller this week warned that continued violence risked a civil war in Afghanistan that should worry the world.

Last month, Biden told his Afghan counterpart, Ashraf Ghani, that “the Afghans are going to have to decide their future, what they want.”

Ghani said his job now was to “deal with the consequences” of the US withdrawal.

The deal with the Taliban on the US withdrawal was reached under the administration of former President Donald Trump.

In exchange for the American withdrawal, the Taliban pledged to prevent any armed group from launching international attacks from Afghan soil.

The group has also pledged to start talks with its Afghan rivals, but little progress has been made in the negotiations.

Speaking to Al Jazeera, Faiz Zaland, political commentator and professor at Kabul University, said the withdrawal of US troops was “a bit rushed in the current situation because we do not have peace on the ground” .

“The withdrawal is happening just as the Taliban are at the doorstep of Kabul,” he said.

“There are severe and bitter fighting taking place all over the country. More than 80 districts have fallen to the Taliban in the past month, ”he said, calling June“ the deadliest month for Afghan forces in the past two decades ”.

Zaland said the United States was making an “irresponsible exit” by leaving before an intra-Afghan peace deal was finalized.

“It seems likely that the country is heading for a civil war,” he told Al Jazeera.

Filled with symbolism

The departure of the United States is loaded with symbolism. Notably, this is the second time that an invader from Afghanistan has passed through Bagram.

The former Soviet Union built the airfield in the 1950s. When it invaded Afghanistan in 1979 to support a Communist government, it made it its main base from which it would defend its occupation of the country.

For 10 years, the Soviets fought the US-backed “mujahedin”, dubbed the Freedom Fighters by then President Ronald Reagan, who saw them as a frontline force in one of the last years. battles of the cold war.

When the United States and NATO inherited Bagram in 2001, they found it in ruins, a crumbling complex of buildings, carved out by rockets and shells, most of its perimeter fence destroyed.

It had been abandoned after being defeated in battles between the Taliban and rival warlords fleeing to their northern enclaves.

The huge base has two tracks. The most recent, measuring 12,000 feet (3,660 meters) long, was built in 2006 at a cost of $ 96 million. There are 110 pavements, which are essentially parking spaces for airplanes, protected by blast walls.

GlobalSecurity, a security think tank, says Bagram includes three large hangars, a control tower and numerous support buildings.

The base has a 50-bed hospital with a trauma room, three operating rooms and a modern dental clinic. Another section houses a prison, notorious and feared by Afghans.

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Oil prices fall as traders assess talks over Saudi Arabia and progress of UAE exit deal http://www.davidhemmingsbirdphotography.com/oil-prices-fall-as-traders-assess-talks-over-saudi-arabia-and-progress-of-uae-exit-deal/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/oil-prices-fall-as-traders-assess-talks-over-saudi-arabia-and-progress-of-uae-exit-deal/ Oil futures stabilized lower on Wednesday, under pressure from data showing declining demand for gasoline in the United States, as traders assessed speculation that Saudi Arabia and the UAE United Arabs had made progress towards a compromise on production levels. A disagreement between the two nations had led to an abrupt end to talks by […]]]>

Oil futures stabilized lower on Wednesday, under pressure from data showing declining demand for gasoline in the United States, as traders assessed speculation that Saudi Arabia and the UAE United Arabs had made progress towards a compromise on production levels.

A disagreement between the two nations had led to an abrupt end to talks by OPEC +, the Organization of the Petroleum Exporting Countries and their allies, earlier this month with no agreement on crude production levels.

Some reports said on Wednesday that the UAE and Saudi Arabia had reached a compromise, but the UAE said no deal had been reached with OPEC + producers and talks were underway. ongoing and would need the support of other OPEC countries, according to various reports.

Traders also analyzed weekly US oil supply data on Wednesday that was released an hour later than usual, with the Energy Information Administration citing a “technical glitch” for the delay. The data revealed that domestic crude supplies fell for an eighth straight week, but implied demand for motor gasoline declined, leading to increased fuel supplies.

West Texas Intermediate crude for delivery in August CL00,
-0.85%
fell $ 2.12, or 2.8%, to $ 73.13 a barrel on the New York Mercantile Exchange. September Brent gross BRN00,
-0.90%,
the global benchmark, lost $ 1.73, or 2.3%, to $ 74.76 a barrel on ICE Futures Europe.

Saudi Arabia and the United Arab Emirates reached a compromise on Wednesday to increase the amount of oil the UAE can pump as part of a broader OPEC + deal, the Wall Street Journal reported on Wednesday, citing people close to the file.

OPEC + talks on a proposal to increase production by 400,000 barrels per day every month through the end of 2022 collapsed earlier this month after the UAE insisted its base benchmark is raised by around 3.16 million barrels per day. In the compromise that would have been reached with Saudi Arabia on Wednesday, the United Arab Emirates can increase that figure to 3.65 million barrels per day from April.

Some reports, however, said in a statement, the UAE’s Minister of Energy denied that an agreement had been reached with OPEC +, and that “deliberations and consultations between the parties concerned are underway. course, “Reuters reported on Wednesday.

If a deal is struck, “fears of an all-out production war” would be put to rest, said Phil Flynn, senior market analyst at The Price Futures Group. The lack of a deal raised fears of possible free will that would see the UAE and others abandon the agreement on production restrictions.

However, even if the UAE is allowed to produce more barrels, the amount of oil added to the market would likely be the “bare minimum that the market needs” to meet demand, Flynn told MarketWatch.

Matt Smith, director of commodities research at ClipperData, said that if the UAE “gets a rebasing of its production level, which is a reasonable demand, OPEC + will continue its efforts to gradually increase supply to meet growing demand. “

Since, “in theory, this shouldn’t have too much of an influence on current prices. This will only influence the calculations of OPEC + going forward, ”said Smith.

Meanwhile, after an hour of delay, with the Energy Information Administration citing a “technical glitch,” the U.S. government announced that U.S. crude inventories fell 7.9 million barrels for the week ended July 9, marking an eighth consecutive weekly decline.

On average, analysts polled by S&P Global Platts predict a drop of 4.9 million barrels for crude inventories, while the American Petroleum Institute on Tuesday announced a drop of 4.1 million barrels.

Crude supplies fell to their lowest since January 2020 amid “continued strength in refining operations and exports,” Smith said.

However, “implicit demand for gasoline has fallen dramatically, resulting in increased gasoline inventories as distillates continue their upward seasonal advance,” he said. Total finished motor gasoline supplied, an indicator of demand, fell to about 9.3 million barrels per day last week, from about 10 million barrels a week earlier, the EIA said.


“Implied demand for gasoline has fallen dramatically, resulting in increased gasoline inventories as distillates continue their upward seasonal advance.”


– Matt Smith, ClipperData

Gasoline supplies rose 1 million barrels, while distillate inventories rose 3.7 million barrels for the week, the EIA reported. The S&P Global Platts survey predicted a drop in supply of 1.6 million barrels for gasoline and an increase in inventories of 1.3 million barrels for distillates.

EIA data also showed crude inventories at the Cushing, Oklahoma storage facility fell 1.5 million barrels for the week.

On Nymex, August essence RBQ21
lost 1.1% to $ 2.29 per gallon and August heating oil HOQ21
lost 1.9% to $ 2.14 a gallon.

August NGQ21 natural gas
fell 1% to $ 3.66 per million British thermal units.

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Deutsche Bank bullish on earnings after declining profits http://www.davidhemmingsbirdphotography.com/deutsche-bank-bullish-on-earnings-after-declining-profits/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/deutsche-bank-bullish-on-earnings-after-declining-profits/ Longest quarterly earnings streak since 2012 Stocks open to the upside but early gains collapse Investment banking income falls as expected FRANKFURT, July 28 (Reuters) – Deutsche Bank (DBKGn.DE) posted its fourth consecutive quarterly profit on Wednesday for the first time in nearly a decade and raised its income outlook despite a decline in activity […]]]>
  • Longest quarterly earnings streak since 2012
  • Stocks open to the upside but early gains collapse
  • Investment banking income falls as expected

FRANKFURT, July 28 (Reuters) – Deutsche Bank (DBKGn.DE) posted its fourth consecutive quarterly profit on Wednesday for the first time in nearly a decade and raised its income outlook despite a decline in activity at its bank of ‘investment.

Germany’s largest bank’s second-quarter profits exceeded expectations and outperformed rivals in fixed income trading. The results also benefited from a sharp drop in provisions for loans at risk of souring during the pandemic.

The strong second quarter is good news for CEO Christian Sewing, who launched a major restructuring in 2019 to bring the bank back to profitability after a series of regulatory failures and € 8.2 billion ($ 9.7 billion ) losses over the past 10 years.

Sewing said in a note to staff: “The right strategy and hard work pays off.”

The bank’s executives have said they are optimistic about its outlook, and Sewing told analysts that next year’s revenue is likely to be higher than expected, possibly exceeding € 25 billion instead of the 24 billion. , 4 billion euros previously targeted.

Deutsche Bank shares rose 4.7% in early trades. They were up 0.7% at 1229 GMT.

Net profit attributable to shareholders amounted to € 692 million, compared to a loss of € 77 million a year earlier. The figures were better than analysts’ expectations for a profit of 372 million euros.

“Deutsche Bank’s positive credit restructuring is on track,” said Michael Rohr, analyst at Moody’s.

The bank has decided to drop a key cost target, which aims to cut costs to € 16.7 billion by 2022. The move came after Deutsche Bank reported a number of unexpected expenses in recent times. month.

Deutsche has said it will now focus on a 70% cost-to-income ratio target.

The headquarters of the German Deutsche Bank are pictured in Frankfurt, Germany on September 21, 2020. REUTERS / Ralph Orlowski

The CEO of Sewing said, “Our priority now is to continue our disciplined execution of the transformation, quarter by quarter.”

Deutsche Bank’s results were supported by a decrease in provisions made to cushion the fallout from the coronavirus pandemic. Provisions for credit losses amounted to € 75 million, compared to € 761 million a year earlier.

The investment banking advisory business stood out in the midst of a boom in transactions, with turnover up 166% to 111 million euros. An increase in income and asset management fees also helped improve the bottom line.

The performance of Deutsche’s investment bank, the group’s largest revenue generator, was a major contributor to the bank’s performance, which enabled the bank to make a small profit for 2020, its first after five years of losses.

Gains in investment banking business enabled Deutsche to post its strongest quarter in seven years at the start of 2021.

The turnover of this activity fell by 11% in the second quarter compared to the previous year. This is the biggest drop in investment banking revenue since the bank’s overhaul two years ago, but U.S. competitors also experienced a weaker quarter.

Barclays (BARC.L), which also released results on Wednesday, beat expectations for high commissions in investment banking, but its fixed income, currency and commodities business was down from a strong first half of the year ago. a year.

Revenues from Deutsche’s fixed income and currency selling and trading activities fell 11% to € 1.8 billion. But the markets divisions of major U.S. investment banks saw a 28% drop in revenue, according to research by analysts at Barclays.

Couture in his memo compared the bank’s turnaround process to a marathon: “The 30 kilometer (19 mile) mark is where it really starts to hurt. But we also know it’s worth it. to move forward. “

($ 1 = 0.8470 euros)

Reporting by Tom Sims and Patricia Uhlig; Editing by Kirsti Knolle, Maria Sheahan, Sherry Jacob-Phillips and Jane Merriman

Our Standards: Thomson Reuters Trust Principles.

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Texas Democrats leave state in bid to stop GOP voting bill http://www.davidhemmingsbirdphotography.com/texas-democrats-leave-state-in-bid-to-stop-gop-voting-bill/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/texas-democrats-leave-state-in-bid-to-stop-gop-voting-bill/ Austin, Texas – Democrats in the Texas Legislature rushed to Washington, DC on Monday and said they were prepared to stay there for weeks in a second revolt against a GOP overhaul of election laws, forcing another dramatic confrontation over voting rights in America. Private planes carrying a large group of Democrats took off from […]]]>

Austin, Texas – Democrats in the Texas Legislature rushed to Washington, DC on Monday and said they were prepared to stay there for weeks in a second revolt against a GOP overhaul of election laws, forcing another dramatic confrontation over voting rights in America.

Private planes carrying a large group of Democrats took off from an Austin airport, leaving the city just days before the Texas House of Representatives gave its swift approval to new voting restrictions in a legislative session special ordered by Republican Governor Greg Abbott.

On leaving, Democrats are once again denying the GOP majority a quorum to pass bills, barely a month after a walkout thwarted the first push to sweep new voting restrictions in Texas, including banning votes. 24-hour polling stations, banning ballot boxes and empowering observers who support the ballot.

“It’s a moment or never for our democracy. We hold the line in Texas, ”said Democratic State Representative Trey Martinez Fischer. “We left our jobs, we left our families, we left our homes. Because there is nothing more important than the right to vote in America.

It was not immediately clear how many of the 67 House Democrats from Texas left, but party leaders said that would be enough to shut down the legislature.

The move to go into hiding in Washington is intended to increase pressure in the nation’s capital on President Joe Biden and Congress to act on the vote at the federal level. Biden is expected to deliver a major speech on the issue on Tuesday in Philadelphia, after facing mounting criticism for playing what some on the left are calling an overly passive role in the fight.

Lawmakers are expected to meet with Washington Democrats. But a White House official said there are currently no plans to visit the White House.

This drastic move shows how Democrats are making America’s largest red state their latest resistance against the GOP’s rush to pass new voting restrictions in response to former President Donald Trump’s false claims that the 2020 election were stolen. This year, more than a dozen states have already passed stricter election laws, but it was only in Texas that Democrats waged that kind of fight.

This is the first time since 2003 that Texas Democrats, excluded from power on the State Capitol for decades, have crossed state lines to break the quorum.

Moments after the Democrats left, Abbott issued a statement condemning them for leaving, while Republican House Speaker Dade Phelan pledged to use “all available resources” to ensure a quorum. He did not elaborate, but some House Republicans have signaled they will take action when the chamber meets again on Tuesday.

When Democrats fled the state two decades ago – in an unsuccessful attempt to stop the new GOP-drawn voting cards – state soldiers were deployed to bring them back.

“The decision by the Texas Democrats to break the quorum in the Texas Legislature and abandon the Texas State Capitol hurts the Texans who elected them to serve,” Abbott said in the statement. “As they fly over the country in comfortable private planes, they leave issues unresolved that can help their districts and our state.”

He then listed the property tax cuts, as well as funding for law enforcement, foster children and retired teachers, without mentioning new election laws.

Over the weekend, Republicans in Texas began proposing measures that also reinstate provisions to ban drive-thru voting, add new voter ID requirements to mail ballots, and ban voters. local election officials proactively sending postal ballot requests to voters. Abbott also gave lawmakers a long to-do list this summer on burning conservative issues, including restrictions on how race is taught in schools and banning trans athletes from playing female sports.

The decision to flee carries risks, and no guarantee of long-term victory.

Abbott, who is running for re-election in 2022 and has demanded new election laws in Texas, may continue to call 30-day special sessions until a bill is passed. He also punished Democrats after their May walkout by vetoing the paychecks of around 2,000 Capitol Hill employees, which will take effect in September, unless the legislature is in session to restore funding.

Staying on the sidelines for an extended period could also impact next year’s midterm elections, although many Texas Democrats are already expecting a tough cycle in 2022, especially with Republicans. who are expected to start drawing new voting cards this fall that could cement their majorities.

For weeks, Democrats signaled they were ready to draw the line. Adding to their anger: A Houston man who came to attention last year after waiting more than six hours to vote was arrested on illegal voting charges a day before the special session began Thursday. Lawyers for Hervis Rogers said the 62-year-old was unaware that his parole on a burglary conviction meant he was not allowed to vote.

Vice President Kamala Harris applauded Texas Democrats for their “courage and commitment” before boarding the flight. Back in Texas, Republican Lt. Gov. Dan Patrick signaled that he would still try to get a bill passed as early as Tuesday in the Senate. It was not clear whether the Democrats in this chamber would continue to run.

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Police search for man filmed abandoning dog on secluded Dallas road http://www.davidhemmingsbirdphotography.com/police-search-for-man-filmed-abandoning-dog-on-secluded-dallas-road/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/police-search-for-man-filmed-abandoning-dog-on-secluded-dallas-road/ The Dallas Police Department’s Animal Cruelty Unit attempts to locate a man caught on surveillance camera abandoning a dog in a remote wooded area in southwest Dallas near Mountain Creek Lake . The man was filmed throwing in a crate with what police described as a German Shepherd-type dog locked inside. In Texas, it is […]]]>

The Dallas Police Department’s Animal Cruelty Unit attempts to locate a man caught on surveillance camera abandoning a dog in a remote wooded area in southwest Dallas near Mountain Creek Lake .

The man was filmed throwing in a crate with what police described as a German Shepherd-type dog locked inside.

In Texas, it is a crime to abandon a pet.

According to a police report, the incident occurred on December 19, 2020, around 8 p.m., in the 1700 block of South Merrifield Rd.

In a series of still photos, the suspect can be seen behind a white van and appears to be kicking the crate that keeps the dog on the ground.

The suspect’s head is shaved to the side and he has a beard and mustache. He’s wearing a T-shirt with some sort of reflective white lettering on the front.

This street is located south of I-30 and west of Loop 12, in an uninhabited area halfway between Dallas Baptist University to the south and the Dallas National Golf Club to the northeast.

It’s kinda cute that there is a surveillance camera. A search on Google Maps shows that the area is a possible dumping ground.

CBS inquired about the dog’s status but did not get a response. UPDATE 1-27-2020: It is not known where the dog is located.

The DPD Animal Cruelty Unit is asking anyone who knows the suspect who abandoned the dog to contact DPD Crime Stoppers at 1 (877) 373-TIPS or Detective Orlandus Bronner, # 10298, Animal Cruelty Unit at 214-671-0111. DPD case # 011766-2021.

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As Moratorium on Foreclosures Ends, Erie County Clerk Fears Flood of ‘Zombie’ Homes | Local company http://www.davidhemmingsbirdphotography.com/as-moratorium-on-foreclosures-ends-erie-county-clerk-fears-flood-of-zombie-homes-local-company/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/as-moratorium-on-foreclosures-ends-erie-county-clerk-fears-flood-of-zombie-homes-local-company/ “The delinquency rates that we are seeing due to Covid are vastly higher than those we saw during the Great Recession,” she said. While a typical year sees 1,400 to 1,600 new foreclosure cases filed in Erie County courts, there were only 500 in 2020 due to the moratorium. “Not only are we expecting an […]]]>

“The delinquency rates that we are seeing due to Covid are vastly higher than those we saw during the Great Recession,” she said.

While a typical year sees 1,400 to 1,600 new foreclosure cases filed in Erie County courts, there were only 500 in 2020 due to the moratorium.

“Not only are we expecting an increase because of Covid, but there would also be a backlog of cases in court at the same time,” Lockhart said.

Then there will likely be a second wave, resulting from tax foreclosures, which will later occur as a separate wave, as municipalities cannot file documents until a landlord is at least two years late.

“Next year we’re going to see a lot of foreclosures filed, and that’s when we’ll see a lot of people leave their homes,” said Jordan L. Zeranti, general counsel at the Initiative’s legal center. Zombies.

Kearns said he plans to ask the courts to create a special division just to deal with the expected flood of cases.

“This is why we have to be proactive,” Kearns said. “We want to prepare these municipalities to use the tools, to make sure they are not caught off guard.”

According to research firm ATTOM Data Solutions, which tracks foreclosures and defaults, Erie County had 48 zombie houses in the second quarter of this year, up 20% from a year ago. Across New York State, there were 2,052 zombie properties in the second quarter, up from 2,158 a year ago – but still the highest number of any state, accounting for a quarter of the nation’s total.

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Who to turn to when a natural disaster wreaks havoc on your finances http://www.davidhemmingsbirdphotography.com/who-to-turn-to-when-a-natural-disaster-wreaks-havoc-on-your-finances/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/who-to-turn-to-when-a-natural-disaster-wreaks-havoc-on-your-finances/ Natural disasters can devastate lives in an instant, but repairing financial damage can take months. Yet those affected have many sources of help. Here’s how you can get help and be strategic with your resources as you start rebuilding after a disaster. Treat immediate needs first. First of all: contact the Federal Emergency Management Agency […]]]>

Natural disasters can devastate lives in an instant, but repairing financial damage can take months. Yet those affected have many sources of help.

Here’s how you can get help and be strategic with your resources as you start rebuilding after a disaster.

Treat immediate needs first.

First of all: contact the Federal Emergency Management Agency for help via a disaster recovery center by sending your zip code and “DRC” by SMS to 43362. Send by SMS to “Apple” or “Android At that same number will give you a download link for a FEMA mobile app with additional resources, such as shelter locations.

Local and state agencies and non-governmental groups such as the Red Cross can also help; call 211 from any phone or visit 211.org for information.

Also check your credit card or hotel loyalty accounts. You could have points or a free night certificate. Most hotel loyalty programs have offered generous expiration date extensions for certificates that have not been used due to the pandemic. And some general rewards credit cards allow you to use points to book hotels directly through their own travel portals or allow you to transfer points to a specific hotel loyalty program.

Then take care of the financial issues.

As soon as possible, move on to managing your finances. FEMA offers unemployment assistance, rental assistance, legal services and more. You have several ways to register, including online at disastreassistance.gov, through the FEMA app, at a disaster recovery center, or by phone at 800-621-3362.

The nonprofit credit counseling agency Money Management International has a free program called Project Porchlight that offers disaster relief support for up to one year. The program helps people navigate unfamiliar process, meet deadlines and deal with trauma that makes task management more difficult.

You have several tasks to manage:

Contact insurers as soon as possible.

Act quickly to get the most out of your home insurance, home insurance or auto insurance.

Review your policies for the types of damage covered, coverage limits and deductibles. Home and tenant policies generally don’t cover flood damage, so check for flood insurance as well. Flood and wind damage to your car is covered as long as you have full insurance on your auto policy.

Report the damage to your agent or insurance company as soon as possible, said Mark Friedlander, director of corporate communications for the Insurance Information Institute, in an email. Insurers will be faced with an overabundance of claims, so the sooner you file, the better.

Find out about your coverage, how long it takes to file and process a claim, whether the claim will exceed your deductible, and whether you’ll need estimates for structural damage repairs, Friedlander said. You should inquire about coverage for living expenses if you are relocated and reimbursement for a rental car. Some insurers will also cover the loss of spoiled food.

When talking to your insurer, ask them what you can throw out and what you need to document for your claim. Take photos and videos of the damage, then do what you can to protect your property, Friedlander said. Take detailed notes on every interaction you have with the insurance company.

Call your mortgage company and other creditors.

If you are concerned about your ability to make monthly mortgage payments, contact your mortgage agent as soon as possible – before you miss a payment – to discuss mortgage forbearance options.

Forbearance is a way to avoid foreclosure and may allow you to make partial payments or suspend payments entirely for an agreed period of time.

Proactively communicate with creditors, Bruce McClary, spokesperson for the National Foundation for Credit Counseling, said in an email. Impassable roads and blackouts of electricity, Internet access and telephone service are all factors that can hamper payment on time. “Once your creditor is aware of these things, he may be able to offer temporary relief from payments,” McClary said. Hardship programs may waive fees or lower your interest rate for a period of time.

Because money is king in areas with disrupted electricity and communication, you may need to use your credit card to get cash from an ATM. Just be aware that the interest rate is usually higher, McClary said.

Look for a break from student loans, contact your college for help.

Federal student loan payments remain suspended until January. But many private student loan lenders have natural disaster forbearances for these situations.

If your finances or those of your family have been affected, contact your school’s financial aid office. Ask about professional judgment, which will reassess eligibility for financial assistance due to changed circumstances. You can also apply for more money immediately through your school’s emergency financial aid fund.

If you are moved, inform the financial aid office of your change of residence. Let your teachers and advisor know about changes to your ability to attend or complete lessons.

Be strategic with aid, credit, and debt as you dig.

“Rebuilding and repairing after a disaster can be incredibly expensive, even for those with insurance,” Kate Bulger, senior director of business development for MMI, said in an email. “Asking for as much help as possible and saving the cash today means consumers will have more cash when they are ready to rebuild. “

Once you’ve exhausted your emergency aid and fund, you’ll likely have to rely on credit to pay for necessities or repair damage. Lately, some major credit card issuers are making it easier (and cheaper) to turn your available line of credit into an installment loan, often at a lower outstanding interest rate. Or you might be allowed to split a big emergency purchase into predictable monthly payments.

When your debt situation becomes clearer, consider strategies for paying off balances. The debt snowball, where you focus your efforts on the smallest debt first while maintaining minimum payments on the others, can give you quick wins and motivation.

Finally, be aware of debt relief options for dealing with amounts that are beyond your repayment capacity.

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Former police chief says he plans to tackle corruption allegations http://www.davidhemmingsbirdphotography.com/former-police-chief-says-he-plans-to-tackle-corruption-allegations/ Fri, 03 Sep 2021 02:33:09 +0000 http://www.davidhemmingsbirdphotography.com/former-police-chief-says-he-plans-to-tackle-corruption-allegations/ The acting Whitefish police chief and the longtime former chief of the department are under investigation by state officials after alleged bribery involving another Whitefish man who faces separate federal fraud charges. Bridger Kelch, the acting police chief, and former chief Bill Dial, who recently retired, both face allegations from the department’s Office of Public […]]]>


The acting Whitefish police chief and the longtime former chief of the department are under investigation by state officials after alleged bribery involving another Whitefish man who faces separate federal fraud charges.

Bridger Kelch, the acting police chief, and former chief Bill Dial, who recently retired, both face allegations from the department’s Office of Public Safety Officer Training and Standards (POST) of Justice of Montana.

If POST officials determine the allegations are fact, it could cost Kelch and Dial their state law enforcement certifications.

The Montana Department of Criminal Investigations said it had investigated the allegations but had not found sufficient evidence for a criminal prosecution.

POST sent letters to Dial and the Town of Whitefish on August 25.

Whitefish City manager Dana Smith told Daily Inter Lake in an email that the city has opened an investigation as POST required. The city has 30 days to respond to the allegations.

“The investigation is ongoing, but based on the initial examination and information obtained so far, the allegations do not appear to be supported by evidence,” Smith wrote. “The City will complete its independent internal investigation and provide a response to POST within 30 days.

“The City continues to have confidence in the ability of Acting Chief Kelch to lead our Whitefish Police Department with integrity and the public safety of our community is the top priority.

THE POST allegations claim that Kelch, Dial and Whitefish businessman Matt Anthony Marshall conspired to trap junior officer Shane Erickson in an apparent ethical violation involving another Whitefish businessman.

POST also alleges that Kelch provided false information to the State Department of Criminal Investigations during its investigation into Dial’s conduct. A third allegation indicates that Kelch provided Marshall, a private citizen, with a key card for the Whitefish Police Department and a radio with access to Whitefish Police Band signals.

Dial, 72, has until September 29 to dispute the allegations. He said he would fight the allegations and added that even though he had no plans to work in law enforcement again, he would not give up his POST certification.

“I will not give up my POST certification because of unsubstantiated allegations,” Dial wrote in an email to Daily Inter Lake. “It’s just about refusing to allow people to draw the wrong conclusions without first getting all the facts from all parties involved.

“I still believe in the Constitution of the United States and a person is innocent until proven guilty. Unfortunately, the norm has become guilty until proven guilty and I will not simply succumb to the ‘norm’ after devoted 41 years of my life to law enforcement and fighting the good fight, ”said Dial.

Much of the deal involves text messages between Dial and Marshall. Marshall was the CEO of Amyntor Group, a security firm which, according to court documents, was dissolved in 2018. The text messages show a relationship between the men and their alleged efforts to discredit a former Whitefish police officer who was investigating an incident. case involving another wealthy Whitefish businessman.

Marshall did not respond to a message for comment.

But according to Dial, the text messages were taken out of context and the investigation was not objective.

“There is so much to tell in this story that I feel confident once all the facts are revealed there will be no more questions about what happened and who the real bad actors are. in this situation, “Dial told the Daily Inter Lac.

MARSHALL IS facing his own legal issues after federal officials accused him of wire fraud, money laundering, tax evasion and aggravated identity theft.

Authorities allege that Marshall convinced a Whitefish businessman that he had been a former CIA and US Marine agent. The businessman then allegedly wired Marshall a total of $ 2.3 million to fund missions “off the books” for the accused to conduct rescue operations and other operations abroad.

But prosecutors say Marshall was never employed as a CIA agent or deployed or associated with an elite US Marine force reconnaissance unit, and the missions never took place. Prosecutors said Marshall used the money for his personal expenses and travel, as well as loans and gifts to friends and business associates.

Marshall has pleaded not guilty to the charges in Missoula U.S. District Court on August 23.

Dial said he met Marshall by “pure fluke” through former Whitefish police officer Clint Peters, who is now the Columbia Falls police chief. Dial said her relationship with Marshall was one “I won’t apologize for”.

Dial went into more detail about how he met Marshall.

“Marshall was leaving downtown and stopped to help Officer Peters in a car accident,” Dial wrote. “At one point they ended up having a conversation about firearms training and tactics. Officer Peters was one of our department firearms instructors and had a discussion with l ‘Former Deputy Chief Mike Ferda and Lt. Bridger Kelch on maybe having Marshall and some of his staff spend a day on the range with a few of our officers to check on their qualifications and skills in d ‘fire arms.

“I wasn’t involved in this, but I was told that Marshall and a few of his guys were very good at guns and tactics,” Dial wrote.

Dial said that after Marshall agreed to take training with his officers for free, he personally attended one of the training days and “was extremely impressed with their firing level and tactical skills.”

IN THE letter from Montana POST bureau chief Perry Johnson to Dial, Johnson detailed the allegations.

According to POST’s complaint against Dial, in August or September 2018, Erickson told Dial he was asked to go on an elk hunt that would be paid for by a civilian, “G”. The hunt was valued at around $ 15,000. According to notes from a September 5, 2018 memo in Erickson’s personnel file, Dial told Erickson that it was not against the policy for him to attend the hunt.

The allegation included Marshall and Dial exchanging text messages after meeting at Marshall’s home. The messages indicate that Marshall and Dial believed Erickson’s acceptance of the trip would be an ethical violation, but allegedly agreed not to notify Erickson so he would accept the gift.

Johnson wrote in the allegation letter: “As a long-time POST board member, Chief Dial was well aware of POST’s corruption standards and burden of proof. Once Erickson accepted the gift, Marshall and Chief Dial thought they could accuse ‘G’ of bribing an officer, Erickson. “

Dial told Inter Lake he does not recall a meeting at Marshall’s home.

“I want to make this clear so that I don’t be accused of being dishonest, because not being able to remember a minor incident has been called a willful lie,” Dial wrote. “I know that former Detective Erickson spent several times at Marshall’s house discussing the allegations of a prostitution case he was running against Marshall’s former business partner.”

This former business partner is Whitefish resident Michael Goguen.

“I think there was an allegation involving Mike Goguen paying for sex, but we never confirmed it,” said POST bureau chief Johnson.

Erickson worked for the Whitefish Police Department for 11 years. According to City Manager Dana Smith, her employment began on September 10, 2007 and ended on November 1, 2018.

According to his LinkedIn page, Erickson has been a senior analyst at DeliverFund since December 2018. DeliverFund is a private intelligence firm that disrupts human trafficking markets by providing intelligence to law enforcement authorities.

POST is an independent oversight body for state public security officers. The council, part of the Montana Department of Justice, sets employment and training standards for all public safety officers.

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