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Zimbabwean minister threatens reporter on live radio

first_img Follow the news on Zimbabwe ZimbabweAfrica Condemning abusesProtecting journalists Violence The 2020 pandemic has challenged press freedom in Africa ZimbabweAfrica Condemning abusesProtecting journalists Violence News RSF_en News Terrence Mukupe, the deputy finance minister and a ruling ZANU-PF party member of parliament, made his threats against Blessed Mhlanga, a reporter for the newspaper NewsDay, during a studio discussion broadcast live by radio SFM, cutting short the discussion.SFM had invited Mukupe to come and discuss Mhlanga’s front page story the previous day that was based on a video recorded at an internal ZANU-PF meeting earlier in the week in which Mukupe said the military would not recognize opposition candidate Nelson Chamisa as president if he won the 30 July general election.Mhlanga said Mukupe got angry within a few minutes of the start of the radio debate and began attacking him verbally. “I will beat you up, you want to belittle me,” he shouted at Mhlanga. “Such public threats against a journalist are all the more unacceptable when made by a government minister,” said Arnaud Froger, the head of RSF’s Africa desk. “We call on the Zimbabwean authorities to systematically condemn such attacks and not let them go unpunished. After years of persecution under Robert Mugabe, it is time to recognize that the media and journalists play a key role in the public debate, especially in the run-up to a general election.”In a letter released on 26 May, Mukupe accused Mhlanga of “provocative behaviour” during the discussion. “I am shocked that a minister can lie with impunity over things that happened live on radio and broadcast to the whole country,” Mhlanga told RSF. When Mhlanga went to the police to file a complaint about the threats, he found that Mukupe had already made a statement accusing him as the aggressor.MISA Zimbabwe, an NGO that defends freedom of expression, condemned Mukupe’s threats, saying such attacks “undermine the constitutional role of the media in entrenching democracy.”Despite President Emmerson Mnangagwa’s promises of a new democracy, attacks on journalists have been frequent, especially on political issues, since Mnangagwa replaced Mugabe in November 2017.In the past three months, journalists have been threatened by politicians and a photographer was roughed up by supporters of the opposition MDC-T party. In April, a journalist was arrested for taking photos at a meeting between ZANU-PF members and polling station officials during the ZANU-PF primaries.Zimbabwe is ranked 126th out of 180 countries in RSF’s 2018 World Press Freedom Index. Zimbabwean court must free imprisoned journalist who is unwell Reporters Without Borders (RSF) condemns last week’s threats by a Zimbabwean government minister against a journalist during a radio programme and voices concern about the climate of hostility towards the media in the run-up to next month’s general election. Reports June 3, 2018 Zimbabwean minister threatens reporter on live radiocenter_img Help by sharing this information November 12, 2020 Find out more News Organisation © Blessed Mhlanga Zimbabwean journalist Hopewell Chin’ono denied bail Receive email alerts November 27, 2020 Find out more to go further September 1, 2020 Find out morelast_img read more

Are NPL and RPL Markets the Key to Investor Growth?

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, News, Secondary Market Share Save Home / Daily Dose / Are NPL and RPL Markets the Key to Investor Growth? A new report by Semper argues that the U.S. economy is transitioning from a post-crisis, recovering market back into a normalized market, and that NPL/RPL investments “should disproportionally benefit from the increases in credit availability and home price increases that typically occur during these transitions due to the embedded structural leverage to these factors.”According to Semper, the housing crisis and its immediate aftermath turned portfolios of clean, current-pay loans into “mixed bags of underwater, non-performing assets.” But this environment in the NPL/RPL market in turn allowed for the mortgage holders who preferred performing assets to transfer impaired mortgages to investors who saw opportunities through active loan servicing. Consequently, post-crisis changes in banking capital requirements compelled many NPL and RPL holders to reduce holdings of their assets on their balance sheets. This, Semper argues, created excess supply in the market, and that led to varied investment approaches‒‒private equity, hedge funds, and REITs, for example‒‒being set up to absorb that supply.“Today, we estimate an NPL inventory of [roughly] $105 billion, compared to estimates of $35 billion prior to the financial crisis,” Semper reported. “However, not only is the supply of NPLs still well above pre-crisis levels, NPLs are still well over double historical levels, and the market continues to draw new supply from a steady stream of ongoing loan defaults within the outstanding universe of pre-crisis mortgages, as well as post-crisis origination.”Semper argues that despite a recovering economy on its way back to normal, the need to effectively work out the NPL borrower base has not changed. Further, the company reported, these borrowers are being liquidated in a much more stable and functional credit environment than what we saw in the period immediately following the financial crisis.“As certain players have exited the trade, the supply and risk reward profile remains,” the report stated, “but it is now combined with our positive outlook on housing technical and fundamentals.”Semper recommends several approaches: NPL securitization senior tranches featuring 40 to 50 percent credit enhancement, coupon step-ups that limit the extension of securitizations (and, thereby, encouraging issuers to exercise optional redemptions); RPL shifting interest securitizations that center on heavily seasoned underlying loans that boast strong credit profiles; and NPL whole loans that allow opportunities to invest directly into an active asset management strategy based on the underlying credit, and allow investors to either highlight or reduce exposure to certain sectors or loan characteristics such as legal jurisdiction or property type.“We remain focused on investments and liquidity within the NPL and RPL sectors and remain constructive on the fundamental outlook of the assets and within the investment strategies above,” Semper concluded. NPL RPL 2017-08-09 Joey Pizzolato Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] About Author: Joey Pizzolato Related Articles Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: NPL RPL Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Are NPL and RPL Markets the Key to Investor Growth? August 9, 2017 3,437 Views Previous: Home Equity: Funding Business Next: Bubble Ahead? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Subscribelast_img read more

Phil Lesh Begins Celebration Of 1977 With Grateful Dead Show Recreation

first_imgOne of the best years – if not the best – in Grateful Dead history came during 1977. Now, 40 years later, bassist Phil Lesh is honoring that year with a series of performances in its honor. The first came last night, as Lesh recruited his Family Band for a recreation of the Dead’s Santa Barbara performance from February 27th, 1977.This installment of the Terrapin Family Band at Terrapin Crossroads included Grahame Lesh, Ross James, Alex Koford and Elliot Peck, as the musicians worked through a number of classics and covers from the Grateful Dead repertoire. Opening with “New Minglewood Blues,” the band dove into classics like “Loser,” “El Paso” and more in the first set.You can see the full setlist below, and also listen to the original Grateful Dead performance that this show was based on, streaming below.Setlist: Phil Lesh & The Terrapin Family Band | Terrapin Crossroads | San Rafael, CA | 1/26/17Set INew Minglewood Blues (GL)Loser (AK)El Paso (GL)Ramble On Rose (AK)Estimated Prophet (GL)Peggy-O (PL, GL, EP)Good Lovin’ (GL, EP)Mississippi Half-Step Uptown Toodeloo (PL)The Music Never Stopped (RJ, EP)Scarlet Begonias (AK, EP)Set IISamson and Delilah (GL)Saint Stephen > (PL, AK, GL)Not Fade Away (AK, GL, EP)Lady with a Fan > (PL)Terrapin Station > (AK, GL)Morning Dew (AK)Sugar Magnolia > (GL)Sunshine Daydream (GL, EP)donor rapE: Johnny B. Goode (RJ)Grateful Dead 2/27/77[Setlist via Bill Batson of FOJC, Audio by Rob Bertrando on Archive.org, Image via Erik Kabik from recent Las Vegas run]last_img read more