Forget buy to let! I’m buying cheap FTSE 100 shares to get rich and retire early

first_imgForget buy to let! I’m buying cheap FTSE 100 shares to get rich and retire early Our 6 ‘Best Buys Now’ Shares Tom Rodgers | Monday, 10th August, 2020 See all posts by Tom Rodgers 5 Stocks For Trying To Build Wealth After 50 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. There are many ways to make money as an investor. Some attempt to build a UK buy-to-let empire to supplement their income in retirement. But I think there’s a much better way. For me, it’s buying cheap FTSE 100 shares.The admin requirements for buying and holding buy-to-let property are extensive, time-consuming and often confusing. The capital outlay is weighty. You’d better have amassed a small fortune before you even start.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…That’s before we consider the harsher tax treatment for buy-to-let landlords that makes these property investments much less attractive.Buy to let againThe UK property market is in a constant state of flux. And while there are maps of the best-returning rental areas across England and Wales, these change constantly.Headline yields of 8%, 9% or 10% a year can compete with the best cheap FTSE 100 shares, certainly. But there is no real way to rely on the income from buy to let. Bad tenants are everywhere.Yes, background checks can weed out the worst of them. But if a good tenant falls into financial difficulty through no fault of their own, you could lose out on rent for months at a time. That’ll kill those 8%-10% yields. And with the UK jobs market shrinking and unemployment rising, there are far too many unknowns on the horizon.Depressing July 2020 forecasts from the OECD says that the UK jobless rate is likely to triple to nearly 15% if we are hit with a second coronavirus wave.Buy cheap FTSE 100 shares insteadBuying FTSE 100 shares, by contrast, is remarkably easy. I set aside a few hundred pounds a month and buy top blue-chip shares like BP, Royal Dutch Shell and Legal & General.With my ISA and SIPP provider, Hargreaves Lansdown, I get a discount on the cost of buying shares because I do so in regular amounts every month.Now is one of the best times to buy cheap FTSE 100 shares because the choice is wide and the potential returns greater than they have been for some time.The Bank of England has said that the UK economy likely won’t return to where it was pre-pandemic until late 2021. That means there are plenty of quality companies experiencing a short-term share price dip. Buying cheap FTSE 100 shares now offers the chance for share price appreciation as confidence creeps back into markets. You also get dividend payments as a bonus for holding on to stock.Reinvesting dividendsMost Stocks and Shares ISAs allow you to automatically reinvest dividend payments. It’s a low-stress process that requires zero brain space.Recently I saw the fruits of my regular investing process.For buying up 457 shares in Legal & General, the company paid me a dividend of 12.64p per share. That equals £57.76.I didn’t take that cash out of my Stocks and Shares ISA as income. Instead the ISA automatically reinvested the money to buy more Legal & General shares.These small incremental gains will mean that in 10 years time I will have amassed a serious amount of LGEN shares, with my dividend payments growing in turn every year.Even if I didn’t already own LGEN stock, at a dividend yield of 7.65% and a low P/E ratio of 7.4 times earnings, I’d be happy to invest in these cheap FTSE 100 shares. TomRodgers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your free copy of this special investing report now! Simply click below to discover how you can take advantage of this. Enter Your Email Address Image source: Getty Images last_img read more

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Prayers urged for the Democratic Republic of Congo

first_img Rector Albany, NY Rector/Priest in Charge (PT) Lisbon, ME AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Orphans at Action Salutaire pour Development Integrale/Goma, a church-led NGO, with Presiding Bishop Katharine Jefferts Schori during her July 2011 visit to the Anglican Church of the Congo. Photo/Matthew Davies[Episcopal News Service] Presiding Bishop Katharine Jefferts Schori has joined fellow Christians throughout the world in calling for a week of prayer Nov. 26-Dec. 2 for the Democratic Republic of Congo.“Pray for an end to the conflict, an end to violence and the atrocities, that the needs of the suffering may be supplied, and that peace may prevail,” Jefferts Schori said in a Nov. 19 call to action, issued by the Episcopal Church’s public affairs office.The week of prayer has been organized by the Church Mission Society and the Congo Church Association, with the support of Archbishop Henri Isingoma of the Anglican Church of Congo, in response to a recent increase in violence promulgated by a new rebel group, M23, and several existing ones.Prayers and resources may be downloaded here.“Our fellow Anglicans in the Democratic Republic of Congo continue to experience violence and displacement,” Jefferts Schori said, noting that the rise in violence since April has caused the displacement of 320,000 within Congo, and 60,000 into Uganda and Rwanda.The Anglican presence in Congo was established by Ugandan evangelist Apolo Kivebulaya in 1896. Today, the province includes about half a million Anglicans under the leadership of Isingoma, primate since 2009.“The work of the Anglican Church in Congo continues to be of the highest quality and responsiveness, rooted in the love of Christian for neighbor,” said Jefferts Schori, who visited Eastern Congo in July 2011 and witnessed firsthand “evidence of the work done by Mothers’ Union and other groups on behalf of the least of these – women, children, and orphans, all victims of the violence of war.”ENS coverage of the presiding bishop’s July 2011 trip is available here.[ooyala code=”1oZjN1MjrVdkTHOcuX8ni4nZv5XD935f”]The Democratic Republic of the Congo, a former Belgian colony, has buckled in the hands of corrupt and power-hungry leaders since its independence in 1960. The vast country – about the same size as the continent of Europe – faced more than three decades of “Africanization” and gross corruption under the presidency of Joseph Mobutu, who was supported by the United States as a “friendly tyrant” for his resistance to the Soviet Union. Rebels led by Laurent Kabila overthrew Mobutu in 1997.Mealtime for the children at a Diocese of North Kivu orphanage. Photo/Matthew DaviesInitially raising hopes for better times, Kabila was installed as the new president and changed the country’s name from Zaire to the Democratic Republic of the Congo. But his allies became enemies, and Congo entered five years of brutal war in which about 5.4 million people are believed to have perished. When he was assassinated in 2001, Kabila was succeeded by his son, Joseph Kabila, who remains Congo’s president in a power-sharing government that includes former rebels.The war was fueled largely by a scramble for the country’s vast mineral resources. Rebels in the east, supported by Tutsi militias and neighboring countries Uganda and Rwanda, battled the Kinshasa-based government, backed by Hutu militias and Angola, Namibia and Zimbabwe. In October 2004, the human rights group Amnesty International announced that 40,000 cases of rape had been reported over the previous six years.Women who’ve been sexually abused by soldiers find a safe haven at a Diocese of North Kivu facility, where they work through their trauma and carve out a new life with the end goal being their integration back into society. Photo/Matthew DaviesAs Congo – which hosts the United Nations’ largest peacekeeping team – attempts to recover from what has been dubbed the bloodiest conflict since World War II, rebel activity still roils the east of the country and is synonymous with gender-based violence, particularly in rural villages. Some reports reveal stories of rebel soldiers raping women while their husbands are forced to watch, then killing family members and carrying out acts of cannibalism.“Many thousands are living with fear and insecurity, hunger, sickness, and poverty, while they yearn to return home and live in peace,” Jefferts Schori said in her Nov.  19 call to action.The Mothers’ Union, an international Christian charity that seeks to support families worldwide, plays an important role in taking care of women traumatized through sexual violence.The United Women for Peace and Social Promotion (Union des Femmes pour la Paix et la Promotion Social – UFPPS), founded in Katanga in 2003, has built on the work of the Mothers’ Union to promote and facilitate women’s engagement as messengers of peace and leaders of social and economic development in their communities.The Episcopal Church, through its former women’s ministries office and Episcopal Relief & Development, has supported UFPPS’s work in medical and psychological healing and social reintegration in the Katanga and Boga dioceses.Referring to the week of prayer, Jefferts Schori said: “I can think of no better way for the Christian world to prepare for the Advent of the Prince of Peace, and I hope and pray that you will join me in praying during the week leading up to Advent.”The call for prayer on the CMS website said: “We hope individuals, groups and churches will commit to pray afresh for a resolution and definitive end to the conflict, violence and atrocities, and for a new era of peace, as well as for the needs of all those affected.”— Matthew Davies is an editor and reporter for the Episcopal News Service. Associate Priest for Pastoral Care New York, NY Presiding Bishop Katharine Jefferts Schori Submit an Event Listing Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Tampa, FL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Knoxville, TN An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Director of Administration & Finance Atlanta, GA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Africa, In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Martinsville, VA Assistant/Associate Priest Scottsdale, AZ Rector Bath, NC Rector and Chaplain Eugene, OR Family Ministry Coordinator Baton Rouge, LA Curate Diocese of Nebraska Assistant/Associate Rector Morristown, NJ Rector Smithfield, NC The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Tags The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group New Berrigan Book With Episcopal Roots Cascade Books Comments are closed. Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Press Release Service Featured Jobs & Calls Bishop Diocesan Springfield, IL Priest Associate or Director of Adult Ministries Greenville, SC Prayers urged for the Democratic Republic of Congo An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Course Director Jerusalem, Israel Rector Belleville, IL Associate Rector for Family Ministries Anchorage, AK Rector (FT or PT) Indian River, MI Submit a Press Release June 23, 2013 at 12:01 am I hope the situations for DR Congo and Congo gets better.This has nothing to do with the situation in DR Congo and Congo, but I have a suggestion if the two are actual separate countries (it is hard to tell for sure) Congo could be names West Congo, or/and DR Congo could be East Congo. It is just a suggestion. Assistant/Associate Rector Washington, DC Rector Shreveport, LA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Missioner for Disaster Resilience Sacramento, CA Cathedral Dean Boise, ID Rector Hopkinsville, KY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Jane Sgems says: Director of Music Morristown, NJ Advocacy Peace & Justice, Rector Collierville, TN Canon for Family Ministry Jackson, MS Featured Events Submit a Job Listing By Matthew DaviesPosted Nov 19, 2012 Rector Pittsburgh, PA Comments (1) Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Washington, DC Associate Rector Columbus, GA Priest-in-Charge Lebanon, OH Anglican Communion, Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Youth Minister Lorton, VA last_img read more

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Bishop of Atlanta on the Nevada tragedy: Action must follow…

first_imgBishop of Atlanta on the Nevada tragedy: Action must follow prayers Rector Tampa, FL Featured Events Associate Priest for Pastoral Care New York, NY Bishop Diocesan Springfield, IL The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Missioner for Disaster Resilience Sacramento, CA Submit an Event Listing Tags Director of Music Morristown, NJ Assistant/Associate Priest Scottsdale, AZ Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Shreveport, LA Curate (Associate & Priest-in-Charge) Traverse City, MI Cathedral Dean Boise, ID Advocacy Peace & Justice, Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Gun Violence, Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Belleville, IL Rector Bath, NC Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Posted Oct 5, 2017 Featured Jobs & Calls Assistant/Associate Rector Morristown, NJ Submit a Press Release [Episcopal Diocese of Atlanta] The Rt. Rev. Robert C. Wright, bishop of Atlanta issued the following statement:Brothers and Sisters.In the aftermath of the horror of Las Vegas, I ask you to remember and pray for the souls of those who have died, including Mr. Paddock. I encourage you to seek the comfort we find in Christ Jesus. Holy Scripture reminds us that we are to “… rejoice with those who rejoice and weep with those who weep.” It is an important part of what makes us human. Even though Las Vegas is more than fifteen hundred miles from Georgia, we are nevertheless connected with the men and women struck down and the loved ones they left behind by our ability to empathize and have compassion.So, we pray. We reach to God in familiar words to remember the dead and send our positive psychic and spiritual energy to those still in shock and who will grieve for years to come. But let us remember also, Jesus was a man of prayer and of action. Prayer must be prelude to action. Prayer with no corresponding action is a useless and vain exercise. Most importantly, prayer without action is not the faith Jesus practiced!My sincere prayer is that the lives of those killed in Las Vegas will not be in vain. I still believe that America is a great country! I still believe we can accomplish great things together. I believe we can affirm the Second Amendment, protect the rights of hunters and sportsman and enact common sense gun laws that put into practice intelligent safety measures.This is not a partisan sentiment. Morgues and cemeteries are not divided by political affiliation. And families do not cry red or blue tears. This is about coming to the realization that moments of silence and prayer will not, of themselves, make us safer. What will make us safer is ordinary people like you and I, from every political stripe, finding the courage to act.Jesus often asked men and women he encountered, “What do you want?” I put his question to all of us, “What do you want”? I want an America where we are less afraid and more neighborly. An America where it is more difficult to get a semi-automatic weapon or high capacity magazines than it is to get a bottle of Sudafed. I want an America where special interests like the National Rifle Association don’t control our elected officials with campaign donations that render them spineless.I want an America where law enforcement officers are better equipped to keep us safe than criminals are equipped to do us harm. These are not Democratic dreams or Republican dreams. This is an American dream that can save us from our present American nightmare.What makes these kind of dreams a reality is when you and I, strengthened by prayer and our fellowship together, take seriously the words that we Episcopalians use to end our Eucharist:… Send us now into the world in peace, and grant us strength and courage to love and serve you with gladness and singleness of heart. You are always in my thoughts and prayers, please let me be in yours.Your brother,Bishop Robert C. WrightThe Episcopal Diocese of Atlantawww.episcopalatlanta.org Priest Associate or Director of Adult Ministries Greenville, SC Rector Knoxville, TN Rector (FT or PT) Indian River, MI Canon for Family Ministry Jackson, MS An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Collierville, TN Associate Rector for Family Ministries Anchorage, AK Submit a Job Listing Rector Martinsville, VA Associate Rector Columbus, GA Youth Minister Lorton, VA New Berrigan Book With Episcopal Roots Cascade Books Las Vegas shooting Press Release Service Course Director Jerusalem, Israel Curate Diocese of Nebraska Assistant/Associate Rector Washington, DC Rector Hopkinsville, KY Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Washington, DC Director of Administration & Finance Atlanta, GA Rector Smithfield, NC Rector and Chaplain Eugene, OR Rector Pittsburgh, PA Family Ministry Coordinator Baton Rouge, LA Rector Albany, NY TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Priest-in-Charge Lebanon, OH Rector/Priest in Charge (PT) Lisbon, MElast_img read more

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Barrier Island House / Sanders Pace Architecture

first_imgBarrier Island House / Sanders Pace ArchitectureSave this projectSaveBarrier Island House / Sanders Pace Architecture Projects Barrier Island House / Sanders Pace Architecture Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/277879/barrier-island-house-sanders-pace-architecture Clipboard Save this picture!© Bruce Cole+ 19 Share ArchDaily Year:  2012 CopyAbout this officeSanders Pace ArchitectureOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesVero BeachUnited StatesPublished on October 03, 2012Cite: “Barrier Island House / Sanders Pace Architecture” 03 Oct 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish- DI-NOC™ Glass FinishPartitionsSkyfoldWhere to Increase Flexibility in SchoolsMetal PanelsDri-DesignMetal Panels – Painted AluminumStonesCosentinoDekton® Surfaces – Chicago 444Exterior DeckingLunawoodThermowood DeckingWoodBruagAcoustic Panels with LEDWindowsOTTOSTUMM | MOGSWindow Systems – CPXPanels / Prefabricated AssembliesULMA Architectural SolutionsHexapent Facade PanelDoorsRabel Aluminium SystemsMinimal Folding Door System – Rabel 3710 Super ThermalWall / Ceiling LightsLuminisCeiling Surface Lights – HollowcoreBenches / TablesUrbaStyleConcrete Bench – BoomerangMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamcenter_img ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/277879/barrier-island-house-sanders-pace-architecture Clipboard CopyHouses•Vero Beach, United States Photographs United States Architects: Sanders Pace Architecture Year Completion year of this architecture project “COPY” Photographs:  Bruce ColeText description provided by the architects. This project is located within a waterfront neighborhood of modest 1950’s era houses alongside many more recent supersized replacements. Our process began by evaluating the client’s goals with their existing property in order to determine whether or not the existing single family residence on the site could accommodate their needs. After an early visit to the site it was determined that any improvement to the existing residence would require the demolition of the original terrazzo slab on grade, perhaps the property’s best asset.Save this picture!© Bruce ColeRecommended ProductsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornOnce the decision to replace the existing structure was made a series of design options were explored which maintained the scale and character of the original house while accommodating new programmatic goals including a loft level, a detached workshop, and an abundance of outdoor space. A desire to preserve as much of the natural vegetation on the site as possible including many beautiful live oak trees meant containing new construction within the footprint of the original building. Improved efficiency within the layout allowed us to provide the same interior program within a smaller amount of conditioned space, again a nod to the scale and character of the original historic neighborhood. Hurricane codes dictated our structural system which consisted of concrete with CMU infill. As with most projects within this context, stucco clads the primary volume of the house. Dark brick and cedar are used as secondary materials cladding accessory volumes and surfaces while an abundance of glass lends transparency to the primary public spaces while offering uninterrupted views to the waterway beyond. Save this picture!© Bruce ColeSave this picture!© Bruce ColeProject gallerySee allShow lessVideo: Tempeliaukkio, Rock Church / The Helsinki SeriesArticlesSmart Growth: Tactical Urbanism EventArticles Share “COPY”last_img read more

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Creating a World Without Poverty: How Social Business Can Transform Our Lives: Social Business and the Future of Capitalism

first_img Howard Lake | 21 November 2007 | News  12 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Creating a World Without Poverty: How Social Business Can Transform Our Lives: Social Business and the Future of Capitalism AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

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Oil price decline impacts African economies

first_imgDuring 2014 many Western-based financial publications declared that the Federal Republic of Nigeria had surpassed the Republic of South Africa as the largest economy on the continent.Nigeria relies on oil exports to generate its foreign exchange earnings.Minister of Finance Dr. Ngozi Okonjo-Iweala delivered a major policy address Nov. 17 indicating that the rapid decline in oil prices would cause the government of President Goodluck Jonathan to impose measures designed to trim costs and spending. In a Jan. 5 article in the leading Nigerian newspaper Leadership, the finance minister admitted that the price declines and drop in production forced the government to cut its capital expenditures by 59 percent.With increased oil production in the United States, India has replaced the U.S. as the largest importer of Nigerian crude oil. From April 2013 to March 2014, India imported $14 billion worth of goods from Nigeria, making India Nigeria’s largest trading partner.Impact on laborDuring mid-December the two largest oil workers unions in Nigeria held a four-day strike to demand lower gasoline prices in light of the rapid slump in oil prices on the global market. Other demands included infrastructural improvements, including the roads surrounding oil production facilities. The workers also sought to pressure the government to pass a new petroleum investment bill that had been stalled for years in the parliament.Bloomberg reported on Dec. 15, “The [strike] action involves both Pengassan, as the managerial union is known, and the Nigerian Union of Petroleum and Natural Gas Workers, or Nupeng, its affiliate for manual workers. Nigeria’s crude oil output declined 3.2 percent when they last went on strike in September.”The strike, which could have shut down production and cut foreign exchange earnings, was settled in less than a week.These industrial actions in Nigeria coincided with unrest around the entire region. In Ghana, a new oil-producing state, a public sector strike took place during mid-2014 over the demand for the government to take action against the declining value of the cedi, the national currency, and the need to protect pension funds.By late October, oil workers were again demanding improvements in conditions of their employment. A statement issued by the Ghana Management and Petroleum Commission showed that the government was intervening to resolve the issues even if this meant making some concessions to the workers.Sudan suffers from partitionNearly four years ago the Republic of Sudan was partitioned after the conclusion of civil unrest and war that had existed for decades. Sudan, prior to the division of the country, was the largest geographic nation-state in Africa, with nearly a million square miles.As a growing oil-producing state, the Republic of Sudan was pumping 500,000 barrels per day prior to 2011. Since the partition, both Khartoum, Sudan’s capital, and the Republic of South Sudan have suffered growing economic difficulties.South Sudan is receiving the lowest price internationally for its oil. This is in part the result of a negotiated deal with the Republic of Sudan where additional costs were placed on the export of each barrel of oil in order to compensate Khartoum for South Sudan‘s ownership of the pipelines and the potential damage done to its economy resulting from the partition.­Production has also been hampered due to the recent conflict between the followers of President Salva Kiir and those of ousted Vice President Reik Machar. Hundreds of thousands of people have been dislocated, and neighboring Uganda has deployed troops to South Sudan to bolster the central government in Juba.On Dec. 21 the Financial Times reported: “War-torn South Sudan is receiving what traders say is arguably the lowest oil price in the world, $20-$25 a barrel, because of falling prices and unfavorable pipeline contracts. South Sudanese revenues have now fallen to about $100 million a month, equal to an oil price of about $20.50 per barrel based on output of 160,000 barrels a day.”The Financial Times article stresses: “Oil executives believe South Sudan could become an example of how falling oil prices can exacerbate political risk as countries are forced to slash budgets.”Prospects for economic growth amid declining pricesThese problems are reflective of the ongoing vulnerability of the oil-producing African states based on the fluctuations of the international petroleum market. Other commodity prices have also declined.The discovery of large-scale oil deposits in East Africa had fueled speculation based on phenomenal economic growth. But this growth depended on increased exports with prices above $100 per barrel. Although the price decline brings some benefits for nonproducing states, it poses serious problems for states that have focused development plans on increased drilling and exports.New Times reported Dec. 14: “Economists expect, in the short run, tumbling prices to benefit East African consumers in form of reduced commodity prices. But two East African economies, Kenya and Uganda, which have invested heavily in recently discovered oil, could suffer negative effects if the trend persists up to the time they are expected to start production.”A Dec. 30 article in the Ugandan Observer opines: “The macroeconomic malaise in both Russia and Nigeria as a result of the plunge in oil prices is a clear reminder to the East African economies that while oil and gas will open up new sources of government revenue and foreign exchange inflows, the other sectors of the economy should not be ignored. In any case, it would be prudent to direct the oil and gas revenues to facilitate the growth of manufacturing, services and agricultural sectors.”Nonetheless, efforts aimed at diversifying the economies of African states will face major impediments after substantial resources have already been invested in plans to increase oil production. These developments illustrate that until genuine economic growth based on the internal priorities of African states can be realized, these postcolonial societies will remain subject to the capitalist problems of overproduction and declining prices.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Fort Worth water main breaks on campus Monday

first_imgTwitter Facebook Leah Bollinghttps://www.tcu360.com/author/leah-bolling/ ReddIt TCU distributes 3,500 vaccines at annual flu clinic print Linkedin (Leah Bolling/Staff Reporter)UPDATE: 6:00 p.m. – Water Restored to Campus Facilties The break has been isolated on Bellaire Dr. North and water has been restored to all campus facilities, according to Dick Bryan, the interim assistant vice chancellor for facilities operation. The City of Fort Worth has estimated that it will take around eight hours to fix the break and damages to the road may take several days to repair. Break on campus affects some buildings Monday afternoon A Fort Worth water main broke Monday around 2:10 p.m. and some areas of campus are currently without water. “The admission building doesn’t have water right now,” said Sam Schulp, TCU’s plumbing supervisor. “But when they shut the valves off, other areas get a lot of pressure.”Schlup said staff at the city of Fort Worth are on their way to repair the break. The main was located between the TCU football practice field and the Worth Hills village area of campus on Bellaire Drive North.The news came in an email from Glenn Putnam, the director of utilities, to students and faculty.Putnam wrote in the email that an update will be sent when a time frame to fix the problem is determined. TCU has experienced other similar incidences in the past. The most recent example came in January when pipes burst in King Hall. Leah Bollinghttps://www.tcu360.com/author/leah-bolling/ Leah Bollinghttps://www.tcu360.com/author/leah-bolling/ Facebook Leah Bolling Linkedin What we’re reading: Labor Day weekend sparks COVID-19 concerns, hundreds rescued in California wildfirescenter_img Fort Worth votes to increase the police budget, add more unarmed officers RELATED ARTICLESMORE FROM AUTHOR World Oceans Day shines spotlight on marine plastic pollution Leah Bollinghttps://www.tcu360.com/author/leah-bolling/ Twitter NewsCampus NewsTop StoriesFort Worth water main breaks on campus MondayBy Leah Bolling – November 23, 2020 1595 ReddIt Welcome TCU Class of 2025 + posts TCU places second in the National Student Advertising Competition, the highest in school history Previous articleHoroscope: November 22, 2020Next articleAdjunct professor’s email to students sparks criticism, apology Leah Bolling What we’re reading: Disney layoffs, Tarrant County COVID-19 cases increasinglast_img read more

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Friendship Baptist Church: “The Garden of Eden Game Show” – June 2

first_imgFaith & Religion News Friendship Baptist Church: “The Garden of Eden Game Show” – June 2 Published on Wednesday, May 23, 2012 | 10:23 pm More Cool Stuff HerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty6 Signs You’re Not Ready To Be In A RelationshipHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeauty Top of the News Name (required)  Mail (required) (not be published)  Website  EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News First Heatwave Expected Next Week Business Newscenter_img 6 recommended0 commentsShareShareTweetSharePin it Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Friendship Baptist Church’ Marriage Ministry presents a stage play, “The Garden of Eden Show,” on Saturday, the 2nd of June at 5:00 p.m. at the church location.In this hilarious play, three couples compete for $10,000 in a Christian game show. But as they answer questions about their spouse, they learn much more about each other than they ever expected!Whether one is married, engaged or single, they don’t want to miss this! Refreshments will follow immediately after the play. The play is free but donations are appreciated!Friendship Baptist Church, 80 West Dayton Street, Pasadena, (626) 793-1062 or visit www.pfbchurch.net. Subscribelast_img read more

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NIC Named One of Forbes’ Best Small Companies

first_img Pinterest Twitter By Digital AIM Web Support – February 8, 2021 Facebook Pinterest Twitter Facebook TAGS  center_img NIC Named One of Forbes’ Best Small Companies WhatsApp Local NewsBusiness WhatsApp OLATHE, Kan.–(BUSINESS WIRE)–Feb 8, 2021– Digital government solutions firm NIC Inc. (Nasdaq: EGOV) has been named to the Forbes 2021 America’s Best Small Companies list. The honor comes after a year in which NIC developed more than 130 technology solutions to help government move services online due to the COVID-19 pandemic, manage pandemic unemployment assistance in the Commonwealth of Virginia, provide secure and reliable COVID-19 testing to more than 400,000 people across six states and deploy online appointment scheduling for COVID-19 vaccines and other government services. “This recognition from Forbes is a testament to the hard work and dedication of our NIC family, who have been laser-focused on helping our valued government partners in the midst of a pandemic,” said Harry Herington, NIC CEO and Chairman of the Board. “In 2020, we developed solutions that enabled government to connect citizens and businesses to critical services, including pandemic unemployment assistance and COVID-19 testing. That dedication continues in 2021, as we expand our solutions to include COVID-19 vaccine scheduling and leveraging technology to provide remote access to vital government services.” With headquarters in Olathe, Kansas, and offices in more than 30 states, NIC partners with more than 7,000 federal, state and local government agencies across the nation to make government interactions more accessible for all through technology. In its nearly 30 years, the company has developed more than 17,000 digital solutions, spanning the areas of payments, licensing, business filings, outdoor recreation, health care and enterprise technology services. In 2020, NIC securely processed 400 million online transactions and more than $24 billion on behalf of government agencies. According to Forbes, the America’s Best Small Companies list was compiled using data from FactSet. Forbes screened companies with a market value between $300 million and $2 billion, positive sales growth over the past 12 months and a share price of at least $5. The rankings are based on earnings growth and sales growth for the latest 12 months and over 5 years, one-year and 5-year return on equity and 52-week total return. More weight was given to the latest 12-month and 1-year data in the rankings. To learn more about NIC and the work we do with our government partners, visit www.egov.com About NIC Inc. NIC (Nasdaq: EGOV) is a leading digital government solutions and payments company, serving more than 7,000 federal, state and local government agencies across the nation. With headquarters in Olathe, Kansas, and offices in more than 30 states, NIC partners with government to deliver user-friendly digital services that make it easier and more efficient to interact with government – providing valuable conveniences such as applying for unemployment insurance, submitting business filings, renewing licenses, accessing information and making secure payments without visiting a government office. In 2020, NIC securely processed 400 million online transactions and more than $24 billion on behalf of government agencies. In response to the COVID-19 pandemic, NIC also developed 130 new solutions to address crisis communications, pandemic unemployment, COVID-19 testing and vaccine scheduling. Learn more at www.egov.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005021/en/ CONTACT: Kara Cowie | NIC Inc Director of Corporate Communications 816-813-2350 |[email protected] KEYWORD: UNITED STATES NORTH AMERICA KANSAS INDUSTRY KEYWORD: PUBLIC POLICY/GOVERNMENT STATE/LOCAL HEALTH INFECTIOUS DISEASES TECHNOLOGY SOFTWARE INTERNET SOURCE: NIC Inc. Copyright Business Wire 2021. PUB: 02/08/2021 09:00 AM/DISC: 02/08/2021 09:01 AM http://www.businesswire.com/news/home/20210208005021/en Previous articleCarParts.com’s Grand Prairie, Texas Distribution Center Gears Up for 2021Next articleMatt Thompson Joins the Tanium Board of Directors Digital AIM Web Supportlast_img read more

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Council assess how much money will be available for roads damaged by weather

first_img Twitter News Twitter 75 positive cases of Covid confirmed in North WhatsApp Council assess how much money will be available for roads damaged by weather Pinterest Google+ Facebook Further drop in people receiving PUP in Donegal Previous articleBloody Sunday families want Saville report dateNext articleSixth man arrested in Donegal, as three appear in court News Highland Pinterestcenter_img Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Facebook Donegal County Council’s Roads Department is assessing the money it’s received for the regional road network to determine how much money will be available for emergency road repairs after the recent wintry weather.Roads Director John Mc Laughlin says there’s more scope for the council to transfer funds from one project to another and ensure that the most important repair jobs are done.However, he says rather than provide the council with extra money, the government is giving the authority more flexibility.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/02/24roads.mp3[/podcast] By News Highland – February 24, 2010 Google+ 365 additional cases of Covid-19 in Republic Gardai continue to investigate Kilmacrennan firelast_img read more

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