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Cory tried to convince Nelson to say Johnny if he got the double cross, which he did. But instead he picked Tony and claimed it was because Ammo asked him for that. Ammo, who is an amazing addition to the show, was like “ummm, I don’t think I did that.” Either Nelson took his “the drunkest person” answer seriously or just didn’t want to get on Johnny’s bad side. Either way, Ammo called him out on it. Ammo is all good feelings and try your best, and be who you are and shear bodysuits and thongs and good dangly earrings.
In the elimination, Kailah just barely beat Jenna. And Tony had Ammo for sure and then pulled the most Tony move, slipping down the wall they were climbing at the last second and losing. It was the closest I’ve ever seen two eliminations go on the same night. You kind-of just have to watch it—there aren’t proper metaphors to convey this fact. Kailah had strong words for everyone since they were clearly rooting for Jenna. Ammo had love for everyone because Ammo is a human Care Bear. Little does anyone know, that Jenna and Tony are not going home, they’re joining the Redemption House, where Darrell and Devin are plotting on the strongest way to re-enter the game. That’s coming next week and it’s going to be quite a thing to see.
German consumer sentiment is at its best in several years–meaning people are shopping like crazy, right? Wrong.
Consumers may be feeling more confident about the idea of spending money despite the crisis gripping the euro zone, but optimism isn’t translating into actual spending. The latest proof comes with the country’s biggest retailer Metro AG’s third quarter results released Tuesday.
The company reported a 60% fall in net profit, mostly due to weak demand in Southern Europe and lower income from real estate divestments. But German sales declined too. In early October, the group cut its earnings forecast for the year, and has now confirmed this revised outlook.
Research agency GFK has reported an improvement in German consumer sentiment in past months, and earlier this week said its sentiment index jumped to 6.3 points for November, the highest level in five years. This sign of confidence in the euro-zone’s biggest economy stands in sharp contrast to the worsening mood in France and Italy, and a rise in joblessness in Spain that means one in four people in the crisis-ridden country is out of work.
The gap between sentiment and spending is also evident in Germany’s national data. In August, retail sales were below expectations, down 0.8%, following an on-year decline of 1% in July. September data are due Wednesday.
At least two Bay Street economists are raising fresh questions about the severity of Canada’s year-old mortgage-qualification stress tests.
Both Benjamin Tal of Canadian Imperial Bank of Commerce and Robert Kavcic of Bank of Montreal stopped short of calling for a change in the federal bank regulator’s rules but did question whether the stress test levels are the right ones, given where things stand now.
“We do not view the original move by the regulator to raise the qualification rate by 200 basis points as an error,” said Mr. Tal, CIBC’s deputy chief economist.
“Some Canadians needed to be saved from themselves,” he added in a recent report.
By policy rates, Mr. Tal was referring to the Bank of Canada’s rate increases, which have since come to a sudden halt amid economic uncertainty.
As for the qualification rate, he was referring to the stress test the bank regulator, the Office of the Superintendent of Financial Institutions, put into effect in January, 2018.
Known as B20 rules, they were aimed at heading off a credit bubble amid swollen household debt burdens and frothy housing markets.
They force people who want a new uninsured mortgage to demonstrate they can juggle payments at rates two percentage points above what’s being offered by a lender.
The new rules indeed cooled household borrowing and took the heat out of some of the overpriced housing markets.
“In Canada, the damage caused by the central bank’s premature bullishness was reversed quickly,” Mr. Tal said of the Bank of Canada’s earlier path for raising rates.
As Mr. Kavcic put it, the new rules were, at the time, when interest rates were at ultra-lows, “designed to desensitize households” to the fact that they would eventually rise to a more normal level.
Back then, adding two percentage points to the Bank of Canada’s benchmark would have brought that rate to the “low end” of a range the central bank deemed neutral, the BMO senior economist said.
“So, while the BoC is still plodding its way to neutral, the residential mortgage market is now, at least from a qualification perspective, well into restrictive territory,” he added.
Of course, this isn’t the rate borrowers actually pay, but rather what they have to prove they can meet to qualify, so the effect isn’t as “severe” as you might think.
And borrowers might not actually be affected at all “if you are shopping well below your limit,” Mr. Kavcic said.
The rules have, of course, been controversial. And OSFI has been defending them.
Indeed, just this week, OSFI’s Carolyn Rogers, assistant superintendent for regulation, rebutted various criticisms point by point.
“The stress test is, quite simply, a safety buffer that ensures a borrower doesn’t stretch their borrowing capacity to its maximum, leaving no room to absorb unforeseen events,” Ms. Rogers said.
She addressed the issue of rising rates, and whether that should mean a change for the stress test level, but said there’s more to consider.
“The simple design of the stress test – adjusting the interest rate upward for the purposes of qualifying a borrower’s capacity – might make it look like it’s simply there to front run a potential interest rate increase,” Ms. Rogers said.
And while rates have climbed, they’re still low, and debt is still high.
“A margin of safety in these conditions is prudent,” Ms. Rogers said.
BCE Inc. boosted its dividend today, boasting of a fourth quarter that “capped off a successful year of robust subscriber growth” and higher revenue.
BCE profit attributable to common shareholders slipped in the fourth quarter to $606-million, or 68 cents a share, from $698-million or 72 cents a year earlier, while revenue rose to $6.2-billion from $6-billion.
Adjusted earnings per share rose to 89 cents from 82.
The Canadian telecommunications giant also said it expects revenue to rise this year by between 1 and 3 per cent, with adjusted earnings per share of $3.48 to $3.58.
It increased its dividend by 5 per cent to $3.17 a year.
Europe’s economic outlook is dimming.
The European Commission today forecast economic growth of just 1.3 per cent for 2019, and 1.5 per cent for the wider European Union.
For 2018, it now sees expansion among the countries that use the euro at 1.6 per cent.
“Economic activity in the EU and the euro moderated last year on the back of a combination of internal and external factors,” the EC said in its quarterly outlook.
Notably, it now forecasts growth in Germany, Europe’s powerhouse economy, to ease to 1.1 per cent.
“Over the next two years, the economy is expected to continue growing but at a slower pace,” the group said of Europe in general.
Separately, the Bank of England held its benchmark rate steady at 0.75 per cent as it warned of slower growth of just 1.2 per cent this year.
The central bank cited both global economic growth and the turmoil surrounding Brexit.
BBC Worldwide, the BBC commercial arm, has announced it’s launching a new premium channel on Foxtel, a subscription TV service in Australia.
Foxtel already offers the UKTV channel, which screens archive shows primarily from the BBC, RTL Group and ITV, and is owned by BBC Worldwide. Foxtel also offers BBC Knowledge, CBeebies and BBC World News, and these four channels will continue in tandem with the new premium offering.
With this deal, BBC Worldwide is looking to offer “premiere British drama and comedy” without ad breaks, and is striving to mirror the UK transmission as close as possible.
While the BBC broadcasts ad-free programming in its domestic UK market, funded through the TV license fee, this is a big step for the BBC brand down under, as it offers first-run programming at least twelve months before it will be made available on terrestrial TV.
The channel will launch as part of Foxtel’s Drama & Lifestyle package in mid-2014, and will be available cross-platform and ‘on demand’.
“This deal represents a strategic opportunity for BBC Worldwide to further expand our opportunities to showcase outstanding British creativity in Australia,” says Jon Penn, Managing Director, BBC Worldwide Australasia.
“We have a strong relationship with Foxtel and their viewers through our existing four channels, and were delighted to be given the chance to launch a premium channel that could offer the best BBC and British premiere television shortly after UK transmission,” he continues.
BBC Worldwide already offers a global version of iPlayer in Australia, which is available for iOS devices only and offers mainly archived content.
JACKSON, Miss. (AP) — Sanctions against a Mississippi high school band were upheld Tuesday after a halftime program depicting police officers held at gunpoint was performed in a town where two officers were shot to death.
The Mississippi High School Activities Association rejected an appeal from the Jackson school district to lift punishments against the Forest Hill High School band. The association said the band can’t march at remaining football games, although it can play in the stands while wearing full uniforms. The punishment already prevented the band from participating in the state marching band competition, but association Executive Director Don Hinton said the school’s concert band is eligible to compete in the state competition for those bands in the spring.
The band performed its halftime show, using fake guns, at an Oct. 5 football game in Brookhaven — six days after Brookhaven officer James White and Cpl. Zach Moak were fatally shot while answering a call of shots fired. White and Moak were buried by a grieving community with public funerals in the days before the halftime show.
The band director, Demetri Jones, said the show was a scene from the 2002 movie “John Q,” about a man who takes hostages to get medical treatment for his child. The skit ended with band members dressed as doctors pointing plastic guns at band members lying on the ground dressed as police officers. Jones said in a Facebook video that he had been busy preparing for band competitions and didn’t know officers had been killed in Brookhaven.
Jackson Superintendent Errick Greene fired Jones, although Jones has said he will appeal his firing.
Although the performance sparked outrage in the Brookhaven community, officials last week modulated their tone, saying Forest Hill’s students shouldn’t be punished for following the direction of their band director. Jackson school district officials and Forest Hill supporters also said they felt it was unfair for students to suffer for following their teacher’s directions.
“Our children did what we expected them to do, which is to obey instruction and leadership,” said Jackson school board attorney JoAnne Shepherd.
The association, though, was unmoved.
“It was an inappropriate performance, that’s why,” Hinton told The Associated Press when asked why the penalty should be upheld. He told reporters in a news conference earlier Tuesday that children should speak up “if they feel something isn’t right,” and defended the association, saying it must ensure “a safe, secure and harmonious environment” for high school athletic and extracurricular competition.
Hinton said that while it’s unusual to sanction non-athletic activities, many sports teams lose their rights to compete for state championships because of ineligible players and other infractions. He also said the association may reconsider the $2,500 fine it levied on Forest Hill.
Three Democratic state lawmakers who represent parts of Jackson released a statement Tuesday decrying the association’s refusal to reconsider.
“The facts do not warrant students being punished in this manner,” said state Sens. David Blount and Sollie Norwood and state Rep. Jarvis Dortch.
MUMBAI (REUTERS) - A court on Thursday (Sept 7) jailed for life Abu Salem, convicted of involvement in India's most deadly bombings, a series of blasts in the financial capital that killed 257 people in 1993, television channels said.
The fate of the other four men found guilty of the blasts along with Abu Salem, a prominent member of the group that planned the attack, was not immediately known.
In June, a court had ruled six men, including Abu Salem, guilty of involvement in the blasts that shook Mumbai more than two decades ago, but one died in prison before sentencing.
Investigators had said the bombs were ordered by India's most wanted man, gangster Dawood Ibrahim, to avenge the demolition of the historic Babri mosque in north India by Hindu hardliners in 1992, during a period of religious conflict.
Nigerian President Muhammadu Buhari, second from right, receives Amina Ali, the rescued Chibok schoolgirl, at the presidential palace in Abuja, May 19, 2016.
This week, 24 young women got a welcome distraction from studying for finals. Summoned to a common room at American University of Nigeria, they were told that a Chibok girl had been found in Borno state’s Sambisa Forest. "That’s Amina! Amina!" they shouted, exuberant, as a TV newscast showed her image.
It had been more than two years since they’d seen Amina Ali, discovered Tuesday with a baby and a suspected militant who claimed to be her husband. Like her, they were among 276 girls initially snatched by Boko Haram fighters from their school dormitory one night in April 2014, herded onto trucks and driven off from buildings set aflame. Unlike her, they’d escaped within months.
Now they’re far along in a transition just beginning for Ali and another possible Chibok girl. Generally, experts say, the longer the captivity and the harsher the conditions, the more difficult the readjustment — for the girls, their families and societies.
"The whole story was traumatizing, not only for the kids but [also] for those from whom they were taken," said Dubravka Suzic, a psychologist and administrator for the United Nations refugee agency, UNHCR.
Education, and re-education, are important for everyone concerned.
American University of Nigeria is in Yola, approximately four hours south of Chibok by car.
On the AUN campus in eastern Adamawa state, "we don’t call them the Chibok girls," said Reginald Braggs, an assistant dean. Instead, the 24 are known as students of the New Foundation School, a college prep initiative launched for them in August 2014.
The students, ages 17 to 19, receive full scholarships covering tuition, room and board, books and laptops. Their intensive academics encompass math, science and the arts. They have Friday pizza nights and weekend karaoke sessions. They also have ready access to a trauma counselor.
Should Amina Ali want to return to school, she’ll have a place at AUN.
"We are willing to take ANY Chibok student who is rescued and have full scholarships for them," the university’s president, Margee Ensign, said in an email.
The offer challenges Boko Haram, roughly translated from the Hausa language as "Western education is a sin."
Nearly seven years of fighting the insurgency has claimed at least 20,000 lives and forced at least 2.4 million out of their homes in the Lake Chad basin. Boko Haram militants also are believed to hold thousands of captives.
Aside from any physical violence, detainees can experience depression and psychological trauma, UNHCR’s Suzic said. Freedom doesn't necessarily end their trials.
As they go back to their homes or to refugee camps, many former captives "face marginalization, discrimination and rejection by family and community members due to social and cultural norms related to sexual violence. There is also the growing fear that some of these girls and women were radicalized in captivity," a recent UNICEF report said. The belief that any child conceived with a fighter carries the father’s violent traits means those children "are at an even greater risk of rejection, abandonment and violence."
Former captives need medical care, but they and their families also need counseling for successful reintegration, Suzic said.
"The challenge first of all is for [former captives] to make peace" with their experience, Suzic said. That will determine whether "they come out as survivors or victims. … Is society going to be willing to turn the page?"
She said some ex-captives might channel their experience into advocacy but questioned whether the culture allowed "space for an activist woman there."
FILE - Women and children rescued by Nigeria soldiers from Islamist extremists at Sambisa forest arrive at a camp in Yola, Nigeria, May 2, 2015.
Governments, religious leaders and others need to set the right tone in receiving former hostages, Suzic added. She urged working with "those who set the norms" to show support for returning females. "That is extremely, extremely important."
Some Chibok parents and advocates accuse the government of displaying teenager Ali with President Muhammadu Buhari for political gain while giving secondary concern to her medical and psychological care.
A State Department official, speaking on condition of anonymity, said U.S. support in the fight against Boko Haram includes training "to be respectful of civilians’ human rights." He said the United States was "partnering with Nigeria to be helpful in continuing efforts to locate and free these hostages."
The U.S. — with Britain, France and the European Union — is providing advisers, sharing intelligence and providing logistical support and equipment to Nigeria, Cameroon, Chad, Niger and Benin, he said. It has spent $71 million on that alone, as part of a broader aid package.
He and another State official emphasized that military action is only one aspect of countering terrorism. It requires addressing "the underlying drivers of the conflict" — poverty, corruption and hopelessness — ensuring security, "establishing rule of law and effective governance, promoting economic growth and job creation."
That’s where education comes in, said AUN’s Braggs. Its New Foundation School students are training for careers in biology, teaching, banking and more.
"on the path to fulfilling the dream of getting a college education, and of going back to their hometown as valued assets."
An athlete’s career is often defined by extremes. In a career that spans years, athletes are remembered for isolated moments of triumph or failure, wins and losses, makes or misses.
For 29-year-old Costa Rican striker Álvaro Saborío, a longtime regular on the national team La Sele, the biggest legacy of his career may be the haunting events of the past two weeks.
Saborío’s streak of misfortune began June 18. In the quarterfinal match of the Gold Cup tournament, held at New Meadowlands Stadium in East Rutherford, New Jersey, Costa Rica faced off against Central American rival Honduras. After Costa Rica clawed its way out of a 1-0 hole to tie the score in the second half, Tico striker Marco Ureña was pulled down in the Honduras box and awarded a penalty kick in the 75th minute.
Saborío stepped up to take the kick.
According to FIFA, the international soccer governing body, about 75 percent of all penalty kicks are converted at the professional level.
But when Saborío struck the ball sitting 12 yards from the goal, Honduras goalkeeper Noel Valladares guessed correctly, diving to his right to swat away the low, right-footed shot. A dejected Saborío ran his hands over his shaved head in disbelief while Costa Rican coach Ricardo La Volpe scowled, folded his arms and shook his head.
After a scoreless final 15 minutes of regulation time and 30 minutes of overtime, the game went to a penalty kick shootout. With Honduras leading the shootout 2-1, Saborío again stepped up to the penalty kick spot.
Using a different strategy from his first attempt, Saborío elected to blast the ball at the center of the goal. While Valladares dove right, Saborío’s shot went high, caroming off the crossbar and sailing out of play. Saborío stood motionless as he watched the ball drift beyond the goal. The camera panned to the Costa Rican bench and La Volpe, who sat with a blank stare, arms crossed, and then back to Saborío, who trudged back to the center of the field looking anguished.