Ask the Economist: Millennial Demand and Affordability Issues

first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Ask the Economist: Millennial Demand and Affordability Issues As Deputy Chief Economist for First American Financial Corporation, a provider of title insurance, settlement services, and risk solutions for real estate transactions, Odeta Kushi prepares analysis, commentary, and forecasts on trends in the real estate and mortgage markets. Kushi also conducts research around demographic trends, millennials, and homeownership, as well as monitoring and analyzing quarterly surveys and economic data related to the housing industry. DS News spoke with Kushi on trends impacting the real estate market, from millennials to inventory shortages.You’ve previously discussed how the 2017 Tax Cuts and Jobs Act impacted home prices. What recent legislation may impact affordability and sales through the rest of 2019?Hard to say, but the reality is the impact of rising tenure length on the housing market is likely to be more important than any recent legislation. Tenure—the length of time a homeowner lives in their home—has increased dramatically in the years following the recession and is now at a record high of 11 years. Since existing-homes are the vast majority of supply to the housing market, rising tenure means fewer and fewer homes available to buy, just as millennials enter their home-buying years.What impact are millennial buyers and other first-time buyers having on the housing market?The oldest millennials are just now entering their early to mid-30s. They’ve reached an age where marriage and having children are more likely, which are the primary drivers of homeownership. Recently, owned household formation has trended upward at the expense of rental households, indicating that greater numbers of renters are transitioning into homeownership. Indeed, as of February 2019, 50% of all purchase mortgages originated by Fannie and Freddie went to first-time home buyers. This is 7.0% higher than five years ago, and 1.0% higher than one year ago.Rising demand has generated rapid house price appreciation for starter homes. According to Zillow data, homes in the bottom third of house prices (starter homes) have gained 61.3% in value over the past five years, while inventory has fallen 26.4%. When a wave of potential first-time home buyer demand is met with low supply, the result is declining affordability.What is the status of housing inventory across the country? Is there enough to meet demand?In 2018, we gained 1.2 million new households but built less than 900,000 new houses, condos, and apartments. New household formation is expected to grow as more millennials enter their prime home-buying years, and baby boomers are living longer and more independently than ever. For more than a decade, home building has not kept up with the demand for shelter, creating a housing supply deficit that will prove difficult to reduce significantly.What are some of the markets poised for homeownership growth this year?Across the nation, homebuyers are enjoying greater homebuying power due to lower-than-anticipated mortgage rates, rising wages, and a relative slowdown in house price appreciation. As the surge of millennial demand continues in 2019, millennial first-time home buyers may want to consider cities that offer a greater supply of affordable homes. According to our First-Time Home Buyer Outlook Report, which looks at the share of homes for sale that are affordable for the median renter across 44 markets in the U.S., cities such as Memphis, Oklahoma City, and Pittsburgh are areas where millennial first-time home buyers may find the best outlook for homeownership.Besides inventory levels, what else is hindering affordability nationally, and where has affordability increased the most in recent months?According to the First American Q2 2019 Real Estate Sentiment Index, 40% of survey respondents indicated that affordability is the primary obstacle to becoming a homeowner. This is not surprising as house prices nationally continue to grow, albeit at a slower pace in 2019. The next highest-rated obstacles to becoming a homeowner were the limited inventory of homes they like (30%) and down payment (22%). The main burden, affordability, confirms the strong sellers’ market conditions from 2018 have continued in many markets in early 2019, as demand outpaces supply and prices continue to rise.However, thanks to rising house-buying power driven by lower mortgage rates and increasing wages, affordability improved in 43 of the 44 markets we track in our Real House Price Index in April compared with the previous month, and affordability improved in 18 markets on a year-over-year basis. The markets which saw the most affordability growth on an annual basis were: San Jose, California; Seattle; Portland, Oregon; San Francisco; and Los Angeles. These markets benefited from low mortgage rates and increasing income, but also saw a slowdown in house price appreciation and an increase in inventory.What does your day-to-day role look like as Deputy Chief Economist at First American?I certainly wear many hats. I start my day very early on the commute to the office by keeping a pulse on housing and economic news and engage in social media discourse with my fellow housing economists and other economic experts. The rest of my day usually consists of working with data to identify interesting insights about the housing market, writing up those conclusions and translating them into data visualization graphics, and responding to questions from national, regional and industry trade media. It’s my personal mission and passion to help people understand housing, mortgage markets, and the economy at large. The Best Markets For Residential Property Investors 2 days ago Ask the Economist 2019-08-21 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Previous: The Rise of Unconventional Loans Next: Delinquencies Recover from Spike Share Save Related Articles Tagged with: Ask the Economist Subscribecenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago August 21, 2019 1,794 Views The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Ask the Economist: Millennial Demand and Affordability Issues Demand Propels Home Prices Upward 2 days agolast_img read more

Exotic Collembola on subantarctic islands: pathways, origins and biology

first_imgThree exotic species of Collembola are here identified in collections made during surveys on subantarctic South Georgia in the summers of 2005/2006 and 2009/2010. Previously, only two exotic species of Collembola were known from the island. Increased visitation by tourists, research and maintenance personnel seems an obvious cause despite strict quarantine controls imposed on all visitors. The biology, habitat and distribution of the new species records indicated that fresh vegetables, imported in past years, were their likely means of dispersal to the island. A risk analysis based on their current distribution and ecology was conducted for exotic collembolan species that could invade South Georgia. Pathway analysis of the species with the highest risk scores suggested additional quarantine management protocols could include fumigation of imported fresh food, and this is recommended to minimise the risk of further invasions. A review of exotic Collembola in the Antarctic and subantarctic is provided and the biological traits of Collembola are discussed in relation to their invasion potential.last_img read more

Local barrel racer looking for sponsors to help send her to Vegas barrel race

first_imgLAS VEGAS, NV – A local barrel racer is looking for help from the community to send her to one of the top barrel racing competitions in North America.24-year-old Robyn Formanski will be one of just a handful of Canadians competing at the All in Barrel Race in Las Vegas later this year.The event runs from December 6th through the 16th and gives competitors three days of races each. A guaranteed $577,000 will be awarded to top finishers at the competition with that number increasing with more participants signing up.- Advertisement -Formanski added that such a prestigious competition doesn’t come cheap as her entry fees, travel costs, veterinary certificates and other expenses would make the trip cost over $15,000.Formanski has been saving up for the competition but is in need of sponsors to help cover her costs. She explained that she has a large horse trailer with tons of advertising room, is very active on her social media account, and dresses for success. Any residents or businesses looking to sponsor Formanski can email her at [email protected] or call at (250)-852-2766.Barrel racing is a passion for Formanski and she hopes her showing at the competition will inspire the next wave of young athletes.Advertisement Robyn Formanski barrel racing. Photo by Harttphotos.“Not only could this help with my fundraising efforts but inspire younger upcoming athletes to continue to pursue their dreams as well.” Formanski wrote. “Barrel racing is my passion, one that I hope to turn into a career very soon. I have a great horse on my team this year, I raised him from a baby so we have a very tight bond.”Formanski has competitive barrel raced for over seven years and one day hopes to make it her career. She added that attending the competition in Vegas has been on her mind for a long time.“Each year I compete I fulfill another goal and another dream. This year’s goal to go to Vegas has been the biggest one yet.”Advertisementlast_img read more

First-time winners shake up Comrades Marathon

first_img2 June 2014South African Bongmusa Mthembu claimed his first Comrades Marathon victory on Sunday, winning the 89.28-kilometre “down run” from Pietermaritzburg to Durban in five hours, 28 minutes and 34 seconds.Mthembu had previously won three gold medals. This time, however, he was a convincing victor. After taking the lead at Cowies Hill, about 17 kilometres from the end, he finished more than four minutes ahead of Ludwick Mamabolo, the winner of the previous “down run” in 2012.Top fiveGift Kelehe, the brother of 2001 champion Andrew Kelehe, made it a South Africa 1- 2-3, with Zimbabwe’s Stephen Muzhingi, the three-time winner from 2009 to 2011, taking fourth place. Rufus Photo claimed fifth to give South Africa four of the top five finishers.Mncedisi Mkhize, Jonas Buud, Manoko Mokwalakwala, Prodigal Khumalo and Latudi Makofane completed the top 10, with Sweden’s Buud being the only runner outside of South Africa and Zimbabwe to make it into the top 10.Mthembu, who is coached by former New York Marathon winner Willie Mtolo, took home R350 000 for his victory.‘A great feeling’At a post-race press conference, he said: “It’s a great feeling to win Comrades. I’ve worked hard to get here all these years and I always knew my time will come.“It’s been a process of five to six years. I was patient in that time and I’m really happy to have finally done it.”An end to Eastern European dominanceThere was an end to the 11-year Eastern European hold on the women’s title when British-born Canadian runner Eleanor Greenwood, aided by some difficulties experienced by eight-time winner Elena Nurgalieva, staged a fantastic late-race surge to claim victory.Greenwood was eight minutes off the lead with 18 kilometres to go. Afterwards, she admitted, she did not think she had a chance to win at that stage. However, the support of the huge crowds made her think that maybe she had a chance to catch the front-runners.‘Wow, I’m catching’Afterwards, Greenwood said: “Then I thought ‘wow, I’m catching’. But even so, I still thought how far ahead they were.“It was only until four or five kilometres to go that I saw the timing clock car ahead of me and I realised they were right there. And once I passed them I felt far more comfortable.”By the end of the race, Greenwood had won by a remarkable five minutes and four seconds over Nurgalieva, breaking the finishing tape in six hours, 18 minutes and 14 seconds.Podium placesNurgalieva held onto second place, clocking 6:23:18, with her sister, Olesya, a two- time Comrades Marathon champion, in third place.Russia’s Irina Antropova and Britain’s Jo Meek completed the top five, while Caroline Wostmann, in sixth place, was the leading South African runner.48-year-old Zola Budd Pieterse, who was running for Pierre Korkie, held hostage in Yemen for over a year, came home in seventh place.Sweden’s Frida Sodermark, Martinique Potgieter and Julanie Basson rounded out the top 10 female finishers.TOP 10 FINISHERSMENBongmusa Mthembu (SA) 5:28:34Ludwick Mamabolo (SA) 5:33:14Gift Kelehe (SA) 5:34:39Stephen Muzhingi (Zim) 5:35:18Rufus Photo (SA) 5:35:30Mncedisi Mkhize (SA) 5:36:06Jonas Buud (Swe) 5:38:17Manoko Mokwalakwala (SA) 5:39:29Prodigal Khumalo (Zim) 5:39:36Latudi Makofane (SA) 5:40:41WOMENEleanor Greenwood (GBR) 6:18:15Elena Nurgalieva (Rus) 6:23:18Olesya Nurgalieva (Rus) 6:24:51Irina Antropova (Rus) 6:34:08Jo Meek (GBR) 6:47:02Caroline Wostmann (SA) 6:51:43Zola Budd Pieterse (SA) 6:55:55Frida Sodermark (Swe) 6:57:33Martinique Potgieter (SA) 7:00:46Julanie Basson (SA) 7:02:50last_img read more

Bayern Munich take on Borussia Dortmund in German Cup final

first_imgBayern Munich lost 5-2 against Borussia Dortmund in the 2012 finalBayern Munich and Borussia Dortmund will meet in a fitting German Cup final on Saturday.Germany’s top two sides for the last three seasons meet for the end-of-season title in Berlin’s Olympic Stadium for the second time in three years.Bayern, which defeated Stuttgart in last year’s final, is aiming to avenge its humiliating 5-2 loss to Dortmund in the 2012 final and complete the league and cup double in Pep Guardiola’s first season in charge.But Dortmund, which finished runner-up in the Bundesliga and – like Bayern – was knocked out of the Champions League by Real Madrid, is the domestic rival Bayern fears the most.Here are five things to know about Saturday’s match:LEWANDOWSKI’S LAST LOYALTYRobert Lewandowski will be playing his last game for Dortmund against his future side. The Poland striker signed a five-year deal effective July 1 with Bayern last January, after Dortmund failed in its attempts to extend his four-year contract.Rather than cash in on a transfer fee and allow Lewandowski leave last year, Dortmund opted to improve his conditions for the remaining year of his contract and lose him for nothing.The 25-year-old Lewandowski repaid the club with 20 league goals, six in the Champions League and two in the German Cup. Altogether, he scored 74 goals and set up 31 more in 131 Bundesliga appearances for Dortmund.”And we’ll have to do without this quality in the future. That’s bitter,” Dortmund coach Juergen Klopp said.BAYERN’S BALANCEadvertisementHistory is on Bayern’s side. The Bavarian powerhouse has played 20 of 71 German Cup finals – a record – and won 16 of them, also a record.Werder Bremen is next with six cup wins, followed by Schalke with five. If Dortmund wins on Saturday it will join Nuremberg, Cologne and Eintracht Frankfurt with four.Saturday’s match will be the 102nd competitive meeting between Bayern and Dortmund. Bayern has 46 wins to Dortmund’s 25, with 30 draws between the sides.Dortmund won most recently, 3-0 in Munich on April 12, while Bayern won the previous Bundesliga clash, also 3-0, in Dortmund on Nov. 23, when Mario Goetze scored against his former side.SCORES TO SETTLEThis will be the fourth final in six years between the sides. Bayern defeated Dortmund 2-1 after extra time in the 2008 German Cup final thanks to two goals from Italian forward Luca Toni.Lewandowski scored a hat trick in Dortmund’s memorable 5-2 cup win in 2012, but Bayern’s revenge came last year, when Arjen Robben struck late in London for Bayern to win the Champions League final 2-1.Interest is huge. Dortmund had more than 300,000 requests for tickets. The sell-out Olympic Stadium will only take 76,197.About 13.55 million viewers in Germany watched the final the last time these sides clashed and Saturday’s game will be shown in 182 countries, more than ever before.WATZKE’S WISHESDortmund chief executive Hans-Joachim Watzke, who helped steer the club to sound financial footing after it teetered on the brink of bankruptcy in 2005, is enjoying his side’s rivalry with Bayern, despite the pain of seeing Goetze and Lewandowski switch sides in the past couple of seasons.”In recent years we’ve at least shown that we can defend ourselves and that we don’t have this humility (to Bayern) that has recently become commonplace in the Bundesliga,” Watzke said. “We always want to beat Bayern Munich.”He rejected suggestions of Bayern’s poor form – Dortmund has won seven of its last eight games since losing in Madrid compared to just six wins from Bayern in 11 games.”At the end of March everyone was writing that Bayern were the best team in the world, and that it would carry on for another 20 years,” Watzke said. “Four weeks later everything is suddenly bad. What are we talking about exactly?”SAMMER’S SOUND BITEBayern sporting director Matthias Sammer, a former Dortmund captain and then coach, has demanded full commitment from his side.”I expect a side on the pitch in which everyone, from a sporting perspective, says, ‘I’ll die for my teammates.’ Everyone has to give everything for the side and sacrifice himself,” Sammer said.Franck Ribery is likely to feature only as a substitute due to back problems.”I feel good but for it’ll be difficult for 90 minutes,” said Ribery, who stressed the importance of Saturday’s game. “If we lose, it’s no longer a good season.”Bastian Schweinsteiger, who is aiming for a record seventh German Cup win, is doubtful due to a tendon strain in his left knee. Thiago Alcantara is definitely out and will miss the World Cup for Spain after a recurrence of his right knee injury.advertisementlast_img read more

Your Guide To The 2018 American League

TeamElo RatingWinsLossesRun Diff.Make PlayoffsWin DivisionWin World Series Avg. Simulated SeasonChance to… Twins15108379+2036152 Team ¯\_(ツ)_/¯: Los Angeles Angels. The Angels have been stuck behind somebody in this division for most of Mike Trout’s stellar career, whether it be the Rangers and A’s early on or the Astros most recently. This season is supposed to be the start of something different, from the signing of Japanese two-way sensation Shohei Ohtani (more on him later) to other solid, under-the-radar pickups such as Ian Kinsler and Zack Cozart. Still, the forecast systems aren’t totally sure what to make of the Halos yet, penciling them in for win totals between the upper 70s and mid-80s. The best-case scenarios there probably won’t be enough to run down the Astros, but they might just be enough to snag the Angels a wild-card berth.Rebuild alert: Oakland A’s, Texas Rangers. Billion-Dollar Billy Beane and the Athletics have been rebuilding ever since going for broke (and coming up short) in the 2014 season. That probably won’t change this year, even though Oakland’s farm system is improving and showed some signs of life at the MLB level last season. Perhaps more interesting is the question of whether Texas will also commit to resetting things this season. If you squint, you can see the potential for a bounce-back Rangers season behind an overhauled pitching staff; easier to see, though, is the potential for another frustrating summer in Arlington.Player to watch: Mike Trout, Angels. I wanted to choose someone else here, I really did. But Trout is still the “player to watch” among any group of players you might ponder watching. Sadly, after last season’s campaign was limited by injury, he is no longer able to say he was the best player (by WAR) for any age at which he played a full season. (Ty Cobb finally got his revenge!) But Trout played so well when he was healthy that he may be primed for a comeback season for the ages. (Note: He was still the fifth-best player in baseball last season despite missing about 50 games.) Keeping tabs on Trout and his statistical feats is a duty — and joy — that falls on the shoulders of every baseball fan.Biggest enigma: Shohei Ohtani, Angels. Ohtani came to the U.S. with immense expectations, and it would be unrealistic to expect him to deliver an instant payoff — particularly as the first legitimate hitter/pitcher in decades. All rookies need time to adjust, especially one who’s in a new country, facing a completely different style of opponent. That said, Ohtani has been unable to pitch or hit effectively this spring. His numbers have been so poor that analysts are wondering if he should make the team. Even that is a testament to his talent — who else’s spring stats are getting this much scrutiny? — but it also might make Ohtani the most uncertain player in the major leagues this season.Read our National League preview, and check out our latest MLB predictions. It’s opening week in the major leagues, and that means it’s time to catch up on what’s been happening in baseball over this very odd offseason — and time to look forward to the season ahead. To do that, we’ve enlisted the help of our preseason forecasting model (publishing Wednesday), which assesses every team and offers a projection for their 2018 campaign. I’ve also gone through and highlighted the most interesting teams and players to watch during the year, as well as the ones about which we just don’t have any clue. (¯\_(ツ)_/¯) Play ball! Orioles14757290-8493<1 Athletics14907686-47166<1 Yankees15659567+12574%48%10% How Elo is forecasting the AL East race Avg. Simulated SeasonChance to… AL CentralTeam to beat: Cleveland Indians. With a 79 percent chance of winning the Central, Cleveland is our model’s strongest division favorite for 2018. Sure, the Tribe lost a few recognizable names (Carlos Santana, Jay Bruce) over the winter, and this year’s roster is probably not as talented as the version that snapped off a 22-game winning streak last August and September. But they still boast ace starter Corey Kluber (whom FanGraphs projects to be the most valuable pitcher in baseball), ace fireman Andrew Miller (projected as the fourth-most valuable reliever in baseball) and a bevy of dangerous hitters (such as Edwin Encarnacion, Jose Ramirez and Francisco Lindor). There’s more than enough talent here for the Indians to comfortably claim another division crown. How Elo is forecasting the AL West race Team ¯\_(ツ)_/¯: Minnesota Twins. The range of predictions for the Twins is actually quite small: From Vegas to the computers, most forecasters basically call for Minnesota to win 82 or 83 games this year. But that’s a little difficult to reconcile with the team’s 85-win season a year ago and the flurry of improvements it made in the offseason — to say nothing of the ongoing strides expected from its core. It wouldn’t be surprising at all if the Twins end up beating that projection.Rebuild alert: Chicago White Sox, Detroit Tigers, Kansas City Royals. One of the big reasons that Cleveland is such a strong favorite in this division — and why the Twins can be optimistic, too — is that the Central is home to numerous, um, “rebuilding” efforts. The White Sox have been engaging in one of the most extreme multi-year teardowns ever and probably won’t begin to emerge from it until next season. The Tigers finally admitted to themselves that their early-2010s heyday was over and became sellers at last year’s trade deadline. The Royals are just now embarking on a reboot of their own. This division might be formidable in several years as a result of the tank-fest, but for now it contains a bunch of teams that aren’t even trying to compete.Player to watch: Jose Ramirez, Indians. Ramirez turned in a perfectly solid 2016 season manning third base for the AL champion Tribe, hitting .310 during the World Series. But he vaulted himself into another stratosphere last year — and squarely into the MVP conversation — with a .318/.374/.583 batting line and plus defense. Cleveland’s chances won’t hinge on him repeating those numbers, but in his age-25 season, it should be fun to see if Ramirez can keep up his ascent.Biggest enigma: Lucas Giolito, White Sox. As a rookie with Washington in 2016, Giolito struggled horribly, posting a 6.75 ERA in 21.1 innings with a shockingly poor 8.21 fielding-independent pitching (FIP). Then he was shipped to Chicago as part of the Adam Eaton deal — and, superficially, the change in scenery helped: Giolito bounced back in 2017 with a far healthier 2.38 ERA. Trouble is, he also benefited from allowing an unsustainably low .189 batting average on balls in play, masking a FIP that remained pretty unimpressive. The former first-round pick and top-five prospect still has plenty of potential, but nobody is really sure what kind of season to expect from him in 2018. Astros15779765+15181%66%14% AL WestTeam to beat: Houston Astros. The defending world champs also enjoyed one of the better offseasons of any team when they hauled in starting pitcher Gerrit Cole from the Pirates in a January trade. Now Houston boasts a deep rotation with Cole, Justin Verlander and Dallas Keuchel (among others), plus it hung on to practically all of the cogs in an offensive machine that led the majors with 896 runs scored last season. While no favorite is unbeatable — the Astros finished third in the division as recently as 2016 — anyone other than Houston winning the West would be a stunning development. Avg. Simulated SeasonChance to… Indians15769963+17488%79%14% TeamElo RatingWinsLossesRun Diff.Make PlayoffsWin DivisionWin World Series Red Sox15499171+8961336 Tigers14496894-12342<1 Blue Jays15078181-227102 Team ¯\_(ツ)_/¯: Tampa Bay Rays. The Rays have had a pattern of up-and-down seasons in recent years, and the projections don’t quite know what to do with them this year, either. If you ask PECOTA, Tampa could potentially factor into the playoff mix; if you ask the Las Vegas books, it might sink down into the basement of the East. Our model basically splits the difference and calls for the Rays to post 78 wins.Rebuild alert: Baltimore Orioles. Going into the spring, O’s GM Dan Duquette scoffed at the notion of rebuilding. But he may have no choice with Adam Jones, Manny Machado and Zach Britton all up for free agency after the season. If the Orioles falter early — and our projections don’t see much hope for them this year — Baltimore could be due for a fire sale.Player to watch: Mookie Betts, Red Sox. Two seasons ago, Betts was the American League’s most valuable player not named after a freshwater fish, but last year his production was down amid a power outage and a 54-point drop in batting average. The difference between an MVP-caliber Betts and a merely pretty-good version might be the margin in this division race; Boston fans should be encouraged by Betts’s strong finish last September and outstanding numbers this spring.Biggest enigma: Aaron Judge, Yankees. Judge’s roller-coaster 2017 season was remarkable enough on its own. But add his terrible debut season in 2016, and it becomes almost impossible to predict how Judge will perform in 2018. The projections that FanGraphs lists are all over the map, from 3.8 wins above replacement on the low side to 6.2 WAR on the upper end. (And remember, he had 8.2 last year.) Judge could be great again, or he could just be good — we really have no idea yet. TeamElo RatingWinsLossesRun Diff.Make PlayoffsWin DivisionWin World Series White Sox14577092-10462<1 How Elo is forecasting the AL Central race AL EastTeam to beat: New York Yankees. Our simulations show the AL East as the tightest division battle of the 2018 season, but we’re giving the Yankees a slight advantage over the Boston Red Sox here. While both teams used the winter to put more distance between themselves and the rest of the division — New York added Giancarlo Stanton and Boston signed J.D. Martinez — the Yankees still appear to have the edge in bullpen depth and marquee talent. (And don’t forget about their impressive farm pipeline; touted infield prospect Gleyber Torres could make an impact before the season is done.) That said, we also give Boston a 61 percent chance of making the playoffs, so this renewed rivalry might well extend into October either way. Angels15108181-427112 Mariners15088082-726102 Rangers14977884-291971 Rays14957884-321961 Royals14597092-10172<1 read more

Resident Calls the Charges of Permanent Secretary of Finance Wrong

first_img Recommended for you MPs say they know nothing about pay raise Related Items:Atheena harvey, integrity commission, Permanent Secretary of Finance Facebook Twitter Google+LinkedInPinterestWhatsApp TCI’s Community College’s Dismercy Lugo wins Integrity Commission’s College Speak Off Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 7 Nov 2014 – One resident lashing out and calling the charges against the Permanent Secretary of Finance Athenee Harvey wrong and the Integrity Commission’s process a kangaroo court… saying this is an undemocratic system set up by the British and that it is terrorizing the best of the best in the country; speaking about the now instituted Integrity Commission. “Everyone who has dealt with Athenee knows she is gentle and kind and thoughtful. And now she is tarnished for no good reasons and so we are all tarnished and divided and the British can sit back as they have done for 100s of years, and see how their rules make us easier to control, even while it’s destroying innocent lives..” Harvey had apparently been under investigation by the Integrity Commission since August for allegedly refusing to pay customs duty on some items brought in on a cruise line to the Grand Turk Cruise Center. This writer, who preferred to remain anonymous, explained that this is all bogus and even if she did do something wrong, there are ways to deal with matter. I quote again: “Customs’ has many rules and penalties it can impose on anyone from the Premier down if they think there has been a breach of the rules. Why were these penalties not imposed if there was something wrong? We go all the way to arresting a woman who has never had a traffic ticket, and destroy her reputation? Why?” Harvey, who has been in the Ministry of Finance for ten years and has been PS of finance for two years, will have to face two counts of violating the integrity commission ordinance in court on December 1st. The writer concluded in that Thursday letter to media with encouragement for Athenee Harvey and a warning to the Integrity Commission to, “go lightly” as they put it. Governor lauds Bien-Aime & Integrity Commission at anti-corruption meetinglast_img read more