BAD CHRISTIAN
Southern Baptist leader resigns amid abuse review division
In this June 15, 2021, file photo, Ronnie Floyd, president and CEO of the Executive Committee of the Southern Baptist Convention, delivers the executive committee report during the annual denomination's annual meeting in Nashville, Tenn. Floyd is resigning after weeks of internal division over how best to handle an investigation into the denomination’s response to sexual abuse reports. Floyd announced his departure Thursday, Oct. 14, in a statement critical of recent decisions related to the third-party review that is getting underway. He said he will leave the post at the end of the month. (AP Photo/Mark Humphrey, File)
NASHVILLE, Tenn. (AP) — A top Southern Baptist Convention administrator is resigning after weeks of internal division over how best to handle an investigation into the denomination’s response to sexual abuse reports.
Ronnie Floyd, president and CEO of the SBC’s Executive Committee, announced his departure Thursday in a statement critical of recent decisions related to the third-party review that is getting underway. He said he will leave the post at the end of the month.
“Due to my personal integrity and the leadership responsibility entrusted to me, I will not and cannot any longer fulfill the duties placed upon me as the leader of the executive, fiscal, and fiduciary entity of the SBC,” Floyd said.
An investigative firm funded by the Executive Committee is conducting the review of allegations that the committee mishandled abuse reports and mistreated survivors. Following multiple meetings and mounting pressure from across the convention, a divided Executive Committee voted Oct. 5 to waive its attorney-client privilege for the probe, agreeing to turn over legally protected records to investigators.
Supporters of the waiver said it fulfilled a key demand of thousands of Southern Baptist delegates who set the third-party review into motion. Opponents said it could jeopardize the convention’s insurance policies and was financially risky.
In his statement, Floyd said the Executive Committee has been committed to the review, but it could have been done “without creating these potential risks relating to the Convention’s liability.”
For years, the largest Protestant denomination in the U.S. has been grappling with a sex abuse scandal. It came under heightened scrutiny following a 2019 report by the Houston Chronicle and the San Antonio Express-News, documenting hundreds of cases of abuse in Southern Baptist churches, including several in which alleged perpetrators remained in ministry.
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Associated Press religion coverage receives support from the Lilly Endowment through The Conversation U.S. The AP is solely responsible for this content.
It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
Thursday, October 14, 2021
CRIMINAL CAPITALI$M; BUSINESS UNIONS
Head of California's largest labor union resigns amid grand theft, fraud charges
California Attorney General Rob Bonta on Wednesday announced charges against Alma Hernandez, the head of Service Employees International Union California. Photo courtesy of California Attorney General Rob Bonta/Website
Oct. 14 (UPI) -- The executive director of the state's largest labor union has resigned after California Attorney General Rob Bonta charged her and her husband with a slew of offenses, including grand theft, embezzlement, tax evasion and perjury.
In a statement on Wednesday, The Service Employees International Union California, which has 700,000 members, said it had accepted the resignation of Alma Hernandez.
"Any misuse of funds is unacceptable, and we are committed to doubling down on our efforts to ensure that all officers and staff adhere to the highest level of ethical and financial conduct," the union said.
The announcement of her resignation came hours after Bonta announced that Hernandez and her husband, Jose Moscoso, were charged on Oct. 4 as a result of a multiagency investigation that allege the couple committed crimes going back to at least 2014.
According to the 13-count indictment, the couple underreported more than $1.4 million in income between 2014 and 2018. Hernandez is also accused of paying her husband thousands of dollars for services he did not provide while she served as treasurer of the Working Families for Solorio for Senate 2013 PAC.
The indictment also accuses Moscoso of failing to report that he employed multiple people to work for his air duct cleaning business, resulting in more than $300,000 in unreported wages as well as failing to report employment taxes.
Both suspects face five counts of filing a false income tax return with intent to evade and are charged with a special allegation of aggravated white collar crime with loss over $100,000.
Separately, Hernandez faces two counts of grand theft and one count of perjury, while Moscoso faces one count of failure to file a report with the Employment Development Department, one count of failure to pay unemployment insurance and training tax, one count of failure to pay disability insurance, one count of failure to file employment tax returns and one count of failure to collect and pay personal income tax.
"We are deeply concerned about the allegations against Alma Hernandez," the union said, adding that it has and will continue to cooperate fully with authorities.
Bonta credited unions for being integral to California, but working people deserve leaders they can depend on and trust.
"When there is reason to believe trust has been broken and crimes have been committed, we have an ethical duty to investigate -- we owe that to the people of California," he said in a statement.
SEIU California said it has appointed Tia Orr as interim executive director.
California Attorney General Rob Bonta on Wednesday announced charges against Alma Hernandez, the head of Service Employees International Union California. Photo courtesy of California Attorney General Rob Bonta/Website
Oct. 14 (UPI) -- The executive director of the state's largest labor union has resigned after California Attorney General Rob Bonta charged her and her husband with a slew of offenses, including grand theft, embezzlement, tax evasion and perjury.
In a statement on Wednesday, The Service Employees International Union California, which has 700,000 members, said it had accepted the resignation of Alma Hernandez.
"Any misuse of funds is unacceptable, and we are committed to doubling down on our efforts to ensure that all officers and staff adhere to the highest level of ethical and financial conduct," the union said.
The announcement of her resignation came hours after Bonta announced that Hernandez and her husband, Jose Moscoso, were charged on Oct. 4 as a result of a multiagency investigation that allege the couple committed crimes going back to at least 2014.
According to the 13-count indictment, the couple underreported more than $1.4 million in income between 2014 and 2018. Hernandez is also accused of paying her husband thousands of dollars for services he did not provide while she served as treasurer of the Working Families for Solorio for Senate 2013 PAC.
The indictment also accuses Moscoso of failing to report that he employed multiple people to work for his air duct cleaning business, resulting in more than $300,000 in unreported wages as well as failing to report employment taxes.
Both suspects face five counts of filing a false income tax return with intent to evade and are charged with a special allegation of aggravated white collar crime with loss over $100,000.
Separately, Hernandez faces two counts of grand theft and one count of perjury, while Moscoso faces one count of failure to file a report with the Employment Development Department, one count of failure to pay unemployment insurance and training tax, one count of failure to pay disability insurance, one count of failure to file employment tax returns and one count of failure to collect and pay personal income tax.
"We are deeply concerned about the allegations against Alma Hernandez," the union said, adding that it has and will continue to cooperate fully with authorities.
Bonta credited unions for being integral to California, but working people deserve leaders they can depend on and trust.
"When there is reason to believe trust has been broken and crimes have been committed, we have an ethical duty to investigate -- we owe that to the people of California," he said in a statement.
SEIU California said it has appointed Tia Orr as interim executive director.
Mexico City prosecutor to press homicide, other criminal charges for metro collapse
Issued on: 15/10/2021
Issued on: 15/10/2021
Aerial view showing the site in which a section of an elevated track collapsed, bringing a train crashing down on May 3, 2021, taken on May 10, 2021 a week after the accident, in Mexico City
Alfredo ESTRELLA AFP
Mexico City (AFP)
Mexico City's attorney general said Thursday she will press charges of homicide, personal injury and property damage against people and companies linked to the collapse of a section of a metro line in the capital that left 26 dead in May.
"This attorney general's office has the elements to press charges against a series of companies and persons who were in charge of ensuring that the causes of the collapse did not arise," said prosecutor Ernestina Godoy in her final report on the accident that also left about 80 people injured.
The charges will be formalized shortly in hearings before local judicial authorities, which will then notify and summon those charged, Godoy said.
She pointed out, however, that her office has encouraged cases against companies to be channeled through "reparation agreements" with the victims' families under the understanding that the process "can offer better options to accelerate comprehensive reparation" for the injured parties.
Godoy pointed out that some companies that participated in the construction of Line 12 of the Mexico City metro have "from the outset" shown interest in mitigating and making reparations for the impact of the collapse.
In June, Mexican magnate Carlos Slim, owner of the company that built most of the damaged stretch, promised to pay for its reconstruction, according to Mexican President Andres Manuel Lopez Obrador.
The prosecutor also indicated that some of the companies involved in the accident have expressed interest in providing resources for a fund that guarantees reparations for the families of the deceased and injured.
The collapse of an elevated section of Line 12, which occurred on the night of May 3, was due to the buckling of support beams and inadequate bolts that "caused part of the elevated section to lose its composite structure," according to the final technical report of the Norwegian firm DNV, hired by the city hall.
The prosecution's criminal investigation included its own technical expertise, independent of that carried out by DNV, Godoy said.
© 2021 AFP
Mexico City (AFP)
Mexico City's attorney general said Thursday she will press charges of homicide, personal injury and property damage against people and companies linked to the collapse of a section of a metro line in the capital that left 26 dead in May.
"This attorney general's office has the elements to press charges against a series of companies and persons who were in charge of ensuring that the causes of the collapse did not arise," said prosecutor Ernestina Godoy in her final report on the accident that also left about 80 people injured.
The charges will be formalized shortly in hearings before local judicial authorities, which will then notify and summon those charged, Godoy said.
She pointed out, however, that her office has encouraged cases against companies to be channeled through "reparation agreements" with the victims' families under the understanding that the process "can offer better options to accelerate comprehensive reparation" for the injured parties.
Godoy pointed out that some companies that participated in the construction of Line 12 of the Mexico City metro have "from the outset" shown interest in mitigating and making reparations for the impact of the collapse.
In June, Mexican magnate Carlos Slim, owner of the company that built most of the damaged stretch, promised to pay for its reconstruction, according to Mexican President Andres Manuel Lopez Obrador.
The prosecutor also indicated that some of the companies involved in the accident have expressed interest in providing resources for a fund that guarantees reparations for the families of the deceased and injured.
The collapse of an elevated section of Line 12, which occurred on the night of May 3, was due to the buckling of support beams and inadequate bolts that "caused part of the elevated section to lose its composite structure," according to the final technical report of the Norwegian firm DNV, hired by the city hall.
The prosecution's criminal investigation included its own technical expertise, independent of that carried out by DNV, Godoy said.
© 2021 AFP
Anguish and anger after Taiwan building blaze kills 46
Issued on: 15/10/2021
Issued on: 15/10/2021
The blaze is the latest tragedy to highlight concerns over lax safety standards in Taiwan
Kaohsiung (Taiwan) (AFP)
Taiwanese residents voiced anguish and outrage on Friday after 46 people perished in an inferno that tore through a dilapidated housing block as investigators searched for what sparked the island's deadliest fire in decades.
The blaze is the latest tragedy to highlight concerns over lax safety standards in Taiwan and has exposed the poor living conditions of many elderly in a society that is rapidly ageing.
The fire broke out in the early hours of Thursday morning in a 13-storey, mixed-use building in the southern city of Kaohsiung, raging through multiple floors before firefighters finally got it under control.
The run-down housing block was in poor condition and many of those killed were low-income elderly people, some of whom had disabilities and dementia. Officials said 41 people were hospitalised.
On Friday morning Lee Mao-shen, 61, was watching pigeons land on the railings of an apartment where a friend had died the night before.
Lee, who has lived in a building opposite for 40 years, said his friend Cheng Yong-kang raised pigeons from his seventh- floor balcony and was among those who never made it out.
"We met every day to chat, we chatted the evening he died," he told AFP.
Lee described the neighbourhood where the fire broke out as "mostly working-class folks and old people".
The gutted complex where his friend died used to be a vibrant spot but, much like the rest of the district, it had fallen on hard times.
"There was a shopping mall, a cinema in there," he recalled. But in recent years the commercial floors were empty and abandoned.
- Exposed wiring -
Fire officials said one of the reasons the blaze burned so fiercely was that the bottom five commercial floors were filled with debris and discarded items that generated huge amounts of smoke, which then engulfed the residential apartments above.
Kaohsiung (Taiwan) (AFP)
Taiwanese residents voiced anguish and outrage on Friday after 46 people perished in an inferno that tore through a dilapidated housing block as investigators searched for what sparked the island's deadliest fire in decades.
The blaze is the latest tragedy to highlight concerns over lax safety standards in Taiwan and has exposed the poor living conditions of many elderly in a society that is rapidly ageing.
The fire broke out in the early hours of Thursday morning in a 13-storey, mixed-use building in the southern city of Kaohsiung, raging through multiple floors before firefighters finally got it under control.
The run-down housing block was in poor condition and many of those killed were low-income elderly people, some of whom had disabilities and dementia. Officials said 41 people were hospitalised.
On Friday morning Lee Mao-shen, 61, was watching pigeons land on the railings of an apartment where a friend had died the night before.
Lee, who has lived in a building opposite for 40 years, said his friend Cheng Yong-kang raised pigeons from his seventh- floor balcony and was among those who never made it out.
"We met every day to chat, we chatted the evening he died," he told AFP.
Lee described the neighbourhood where the fire broke out as "mostly working-class folks and old people".
The gutted complex where his friend died used to be a vibrant spot but, much like the rest of the district, it had fallen on hard times.
"There was a shopping mall, a cinema in there," he recalled. But in recent years the commercial floors were empty and abandoned.
- Exposed wiring -
Fire officials said one of the reasons the blaze burned so fiercely was that the bottom five commercial floors were filled with debris and discarded items that generated huge amounts of smoke, which then engulfed the residential apartments above.
The fire broke out in the early hours of Thursday morning Handout Kaohsiung Fire Department/AFP
Lin Chieh-ying, a retired ballet teacher who also lives opposite, said the building had become dilapidated 20 years ago when a fire broke out in a now-shuttered department store.
No one was killed in that blaze but much of the building fell into disrepair.
"Now there are always people drinking at night and being rowdy," she said. "They should have torn down that building 20 years ago."
The fire started on the ground floor, and multiple residents reported hearing loud bangs before seeing flames and smoke.
Local media published recent images from inside the building that showed exposed wiring, rusted water pipes and stairwells obstructed by detritus.
The Taipei Times quoted Kaohsiung Public Works Bureau director-general Su Chih-hsun as saying multiple fire safety issues were identified during inspections in 2019, 2020 and earlier this year.
But efforts to fix the issues were hampered by a dysfunctional building management committee, Su said.
As an island frequently battered by earthquakes and typhoons, Taiwan has strict building codes and a generally good safety record.
But there is often a gap between what the rules state and how safety standards are applied, especially in older buildings.
Kaohsiung's mayor said a task force would be set up to study the city's management of the building and other ageing structures.
Taiwan is one of the so-called "Asian Tigers" that saw its economy leapfrog last century with rapid industrialisation. But inequality is entrenched and many elderly people especially have been left behind.
Like Japan, South Korea, Hong Kong and Singapore, Taiwan is rapidly ageing.
Last year the island recorded more deaths than births -- a watershed moment that signals its population officially contracted for the first time.
© 2021 AFP
Lin Chieh-ying, a retired ballet teacher who also lives opposite, said the building had become dilapidated 20 years ago when a fire broke out in a now-shuttered department store.
No one was killed in that blaze but much of the building fell into disrepair.
"Now there are always people drinking at night and being rowdy," she said. "They should have torn down that building 20 years ago."
The fire started on the ground floor, and multiple residents reported hearing loud bangs before seeing flames and smoke.
Local media published recent images from inside the building that showed exposed wiring, rusted water pipes and stairwells obstructed by detritus.
The Taipei Times quoted Kaohsiung Public Works Bureau director-general Su Chih-hsun as saying multiple fire safety issues were identified during inspections in 2019, 2020 and earlier this year.
But efforts to fix the issues were hampered by a dysfunctional building management committee, Su said.
As an island frequently battered by earthquakes and typhoons, Taiwan has strict building codes and a generally good safety record.
But there is often a gap between what the rules state and how safety standards are applied, especially in older buildings.
Kaohsiung's mayor said a task force would be set up to study the city's management of the building and other ageing structures.
Taiwan is one of the so-called "Asian Tigers" that saw its economy leapfrog last century with rapid industrialisation. But inequality is entrenched and many elderly people especially have been left behind.
Like Japan, South Korea, Hong Kong and Singapore, Taiwan is rapidly ageing.
Last year the island recorded more deaths than births -- a watershed moment that signals its population officially contracted for the first time.
© 2021 AFP
Officials seek cause of Taiwan building fire that killed 46
By HUIZHONG WU
On Friday morning, a wire mesh fence and supporting scaffolding cordoned off the building and the street in front was open again to traffic. The building did not seem in immediate danger of collapse, though its lower floors were blackened and smoke marked the exteriors of the upper apartments.
Tsai Hsiu-Chin, 70, who had lived in the building for 15 years, said she escaped with just the clothing on her back after hearing someone screaming “fire” at 3 a.m.
“I didn’t bring anything. I just cared about saving my life,” she said, sitting opposite the charred building on Thursday night, trying to process her experience over a beer with a friend.
The building’s age and piles of debris blocking access to many areas complicated search and rescue efforts, officials said, according to Taiwan’s Central News Agency.
The decades-old apartment building is one of many in the Yancheng district, an older part of Kaohsiung, a city of some 2.8 million people in southwestern Taiwan.
Fire extinguishers had been installed last month, but only three per floor because the residents could not afford to pay more, the United Daily News, a major newspaper, reported.
A 1995 fire at a nightclub in Taichung, Taiwan’s third-largest city, killed 64 people in the country’s deadliest such disaster in recent times.
_____
Taijing Wu contributed to this story.
By HUIZHONG WU
A woman stops to look at the burnt building in Kaohsiung in southern Taiwan on Friday, Oct. 15, 2021. Dozens were killed and dozens more injured after a fire broke out early Thursday in a decades-old mixed commercial and residential building in the Taiwanese port city of Kaohsiung, officials said.
(AP Photo/Huizhong Wu)
KAOHSIUNG, Taiwan (AP) — Taiwanese officials set up an independent commission Friday to investigate the conditions at a run-down building in the port city of Kaohsiung where a fire killed 46, while authorities scoured the blackened ruins for the cause of the blaze.
Prosecutor Hong Ruei-fen told reporters at the scene she would seek to determine the cause of Thursday’s fire as soon as possible, before donning a hard hat and walking into the cordoned-off building in the morning.
Outside, a Taoist priest in traditional robes chanted a prayer for those who died, many of whom were elderly or infirm residents unable to get out of the 13-story building after the fire broke out on the ground floor.
The city’s administration said the building had been required to follow fire codes and submit to inspections, but that inspectors had not been able to access the premises recently because the doors were always locked and they were unable to coordinate visits with the property owners.
Mayor Chen Chi-mai announced that he had ordered his deputy to set up an independent team to investigate whether negligence contributed to the tragic fire, in which another 41 people were injured.
Of the 46 dead, Chen said there were 21 who had still not been identified. He said experts hoped to use fingerprint analysis to determine who the other 19 dead were, but for two others they would have to rely on other methods.
The building had commercial facilities on lower floors, a closed movie theatre, restaurants and a karaoke bar — most out of business — and some 120 housing units above.
The fire broke out in the lower area at about 3 a.m. Thursday, and witnesses reported hearing a loud sound like an explosion. It took firefighters until after 7 a.m. to fully extinguish the blaze.
Local media say police were questioning a female resident of the building who allegedly discarded a burning incense coil in a trash can inside the apartment where she had also stored small gas canisters. A man who carelessly discarded a cigarette outside the building and the possibility of a fire in the electrical system were also being investigated, the reports said.
According to neighborhood residents, the building was home to many poor, older and disabled people, and many appear to have been trapped in their apartments.
Lee Mao-sheng, 61, who lives across the street, said his friend Tseng Yong-kang was wheelchair-bound and died in the fire.
In the past, the two would play mahjong together but Lee said he hadn’t seen his friend in a while because door in the building’s elevator frequently didn’t open and residents didn’t have the money to maintain it.
“The people who lived inside, many of them were not in good health. Many of them had a disability,” Lee said. Cheap rent was the main reason people lived there under less than ideal conditions, he said.
KAOHSIUNG, Taiwan (AP) — Taiwanese officials set up an independent commission Friday to investigate the conditions at a run-down building in the port city of Kaohsiung where a fire killed 46, while authorities scoured the blackened ruins for the cause of the blaze.
Prosecutor Hong Ruei-fen told reporters at the scene she would seek to determine the cause of Thursday’s fire as soon as possible, before donning a hard hat and walking into the cordoned-off building in the morning.
Outside, a Taoist priest in traditional robes chanted a prayer for those who died, many of whom were elderly or infirm residents unable to get out of the 13-story building after the fire broke out on the ground floor.
The city’s administration said the building had been required to follow fire codes and submit to inspections, but that inspectors had not been able to access the premises recently because the doors were always locked and they were unable to coordinate visits with the property owners.
Mayor Chen Chi-mai announced that he had ordered his deputy to set up an independent team to investigate whether negligence contributed to the tragic fire, in which another 41 people were injured.
Of the 46 dead, Chen said there were 21 who had still not been identified. He said experts hoped to use fingerprint analysis to determine who the other 19 dead were, but for two others they would have to rely on other methods.
The building had commercial facilities on lower floors, a closed movie theatre, restaurants and a karaoke bar — most out of business — and some 120 housing units above.
The fire broke out in the lower area at about 3 a.m. Thursday, and witnesses reported hearing a loud sound like an explosion. It took firefighters until after 7 a.m. to fully extinguish the blaze.
Local media say police were questioning a female resident of the building who allegedly discarded a burning incense coil in a trash can inside the apartment where she had also stored small gas canisters. A man who carelessly discarded a cigarette outside the building and the possibility of a fire in the electrical system were also being investigated, the reports said.
According to neighborhood residents, the building was home to many poor, older and disabled people, and many appear to have been trapped in their apartments.
Lee Mao-sheng, 61, who lives across the street, said his friend Tseng Yong-kang was wheelchair-bound and died in the fire.
In the past, the two would play mahjong together but Lee said he hadn’t seen his friend in a while because door in the building’s elevator frequently didn’t open and residents didn’t have the money to maintain it.
“The people who lived inside, many of them were not in good health. Many of them had a disability,” Lee said. Cheap rent was the main reason people lived there under less than ideal conditions, he said.
On Friday morning, a wire mesh fence and supporting scaffolding cordoned off the building and the street in front was open again to traffic. The building did not seem in immediate danger of collapse, though its lower floors were blackened and smoke marked the exteriors of the upper apartments.
Tsai Hsiu-Chin, 70, who had lived in the building for 15 years, said she escaped with just the clothing on her back after hearing someone screaming “fire” at 3 a.m.
“I didn’t bring anything. I just cared about saving my life,” she said, sitting opposite the charred building on Thursday night, trying to process her experience over a beer with a friend.
The building’s age and piles of debris blocking access to many areas complicated search and rescue efforts, officials said, according to Taiwan’s Central News Agency.
The decades-old apartment building is one of many in the Yancheng district, an older part of Kaohsiung, a city of some 2.8 million people in southwestern Taiwan.
Fire extinguishers had been installed last month, but only three per floor because the residents could not afford to pay more, the United Daily News, a major newspaper, reported.
A 1995 fire at a nightclub in Taichung, Taiwan’s third-largest city, killed 64 people in the country’s deadliest such disaster in recent times.
_____
Taijing Wu contributed to this story.
Paris mayor Hidalgo wins Socialists' presidential nomination
Issued on: 14/10/2021
Issued on: 14/10/2021
Paris Mayor Anne Hidalgo won more than 72 percent of votes from Socialist members to become the party's presidential candidate
THOMAS COEX AFP
Paris (AFP)
Paris Mayor Anne Hidalgo has been nominated as the presidential candidate of France's Socialist party, partial party vote results showed Thursday, despite her languishing in the race to unseat incumbent Emmanuel Macron.
The 62-year-old politician, who announced her plans to run for president a month ago, aims to revive the fortunes of the beleaguered Socialists in April's election with a campaign stressing environmental and social issues.
She won more than 72 percent of votes cast by party members on Thursday night, with more than 90 percent of total ballots counted, the Socialists' first secretary Olivier Faure said.
She beat a single other candidate, former agriculture minister Stephane Le Foll.
Hidalgo's campaign performance so far has widely been seen as lacklustre.
Polls show only four-seven percent of voters would vote for the daughter of Spanish immigrants if the election were held today.
Hidalgo is one of a handful of women bidding to become France's first female president in a crowded field of challengers to Macron.
The centrist president has yet to confirm he is seeking a second five-year term but is widely expected to do so.
Polls currently show his closest rival being either far-right National Rally leader Marine Le Pen or ultranationalist TV pundit Eric Zemmour, who is toying with the idea of running for the Elysee Palace.
They also show the left continuing to haemorrhage support, four years after unpopular Socialist president Francois Hollande stepped down after a single term.
Many members of the Greens party, which is also on the left, hope that Hidalgo will renounce her presidential bid and back their candidate Yannick Jadot to avoid splitting the left-wing vote.
But Hidalgo, who locked horns with motorists in Paris over her bid to banish cars from parts of the capital, has insisted she will remain in the race "to the end".
She points to her experience as the capital's mayor since 2014, leading the response to terror attacks, a huge fire at Notre-Dame cathedral and other major events, to support her claim that she is the left's best shot at the top job.
Her team has promised that she will ramp up her campaign now that she has been formally nominated.
"Anne Hidalgo is very determined and will prove that she is in the race," her campaign manager Johanna Rolland said.
© 2021 AFP
Paris (AFP)
Paris Mayor Anne Hidalgo has been nominated as the presidential candidate of France's Socialist party, partial party vote results showed Thursday, despite her languishing in the race to unseat incumbent Emmanuel Macron.
The 62-year-old politician, who announced her plans to run for president a month ago, aims to revive the fortunes of the beleaguered Socialists in April's election with a campaign stressing environmental and social issues.
She won more than 72 percent of votes cast by party members on Thursday night, with more than 90 percent of total ballots counted, the Socialists' first secretary Olivier Faure said.
She beat a single other candidate, former agriculture minister Stephane Le Foll.
Hidalgo's campaign performance so far has widely been seen as lacklustre.
Polls show only four-seven percent of voters would vote for the daughter of Spanish immigrants if the election were held today.
Hidalgo is one of a handful of women bidding to become France's first female president in a crowded field of challengers to Macron.
The centrist president has yet to confirm he is seeking a second five-year term but is widely expected to do so.
Polls currently show his closest rival being either far-right National Rally leader Marine Le Pen or ultranationalist TV pundit Eric Zemmour, who is toying with the idea of running for the Elysee Palace.
They also show the left continuing to haemorrhage support, four years after unpopular Socialist president Francois Hollande stepped down after a single term.
Many members of the Greens party, which is also on the left, hope that Hidalgo will renounce her presidential bid and back their candidate Yannick Jadot to avoid splitting the left-wing vote.
But Hidalgo, who locked horns with motorists in Paris over her bid to banish cars from parts of the capital, has insisted she will remain in the race "to the end".
She points to her experience as the capital's mayor since 2014, leading the response to terror attacks, a huge fire at Notre-Dame cathedral and other major events, to support her claim that she is the left's best shot at the top job.
Her team has promised that she will ramp up her campaign now that she has been formally nominated.
"Anne Hidalgo is very determined and will prove that she is in the race," her campaign manager Johanna Rolland said.
© 2021 AFP
WHAT IS AN INSTITUTIONAL INVESTOR
Harvard's endowment soars to $53.2 bnIssued on: 15/10/2021
New York (AFP)
Harvard University's endowment shot up 27 percent in a year, according to its annual financial report published Thursday, making it more than ever the world's richest university.
Such endowments, very common in US higher education, are funded largely by private donations. Most of these are subject to restrictions on what the money can be used for, such as specific projects or areas of study.
Only 5 to 5.5 percent of the endowment at Harvard is used to fund the actual running of the university. That was $2 billion dollars in the 2020-21 school year.
THEY CAN AFFORD TO GO TUITION FREE!
Already the largest in the world, Harvard's endowment rose by 27 percent to $53.2 billion as of the end of June, the end of the fiscal year.
That amount of money is equivalent to the reserves of the central banks of South Africa or the Netherlands.
Cashing in on buoyant markets, Harvard earned 33.6 percent on its investments in the year ending in June.
In the 2020-21 school year, Harvard also received $465 million in donations to the endowment.
In a ranking established by US News and World Report magazine, last year Harvard was well ahead of second-placed Yale in terms of endowment size -- with $41.9 billion compared with $31.1 billion.
© 2021 AFP
Already the largest in the world, Harvard's endowment rose by 27 percent to $53.2 billion as of the end of June, the end of the fiscal year.
That amount of money is equivalent to the reserves of the central banks of South Africa or the Netherlands.
Cashing in on buoyant markets, Harvard earned 33.6 percent on its investments in the year ending in June.
In the 2020-21 school year, Harvard also received $465 million in donations to the endowment.
In a ranking established by US News and World Report magazine, last year Harvard was well ahead of second-placed Yale in terms of endowment size -- with $41.9 billion compared with $31.1 billion.
© 2021 AFP
Hard choices loom for finance chiefs and their climate pledges
Issued on: 15/10/2021 -
Issued on: 15/10/2021 -
An activist dressed as a "debt collector" holds a cutout of British Prime Minister Boris Johnson during a demonstration in front of IMF headquarters to ask rich nations to help poor countries tackle climate change in Washington on October 13, 2021
Pedro UGARTE AFP/File
Washington (AFP)
In speeches and communiques from top finance officials at the annual meetings of the IMF and World Bank this week, one word was ubiquitous: climate.
Leaders of the institutions and government ministers pledged action to meet the global climate goals of keeping warning below 1.5 degrees Celsius and reaching net zero emissions by 2050, with an eye towards next month's COP26 climate change summit.
"I'm afraid it is time to roll up our sleeves and detail our plan of actions," Britain's Prince Charles said at a World Bank event Thursday.
"With action on climate change, biodiversity loss and a just transition more urgent than ever, I can only encourage us all to get to work and solve this problem."
But behind the rhetoric lies the harsh reality of the extent of the work left to do to meet the goals, and the rancor around the issue.
Washington leaned on multilateral lenders worldwide to step up financing of climate friendly projects, even as activists launched a salvo at the World Bank president.
Meanwhile, the world's largest asset manager warned that expensive investments are necessary to prevent catastrophe.
"Rich countries must put more taxpayer money to work in driving the net-zero transition abroad," BlackRock chief Larry Fink wrote in The New York Times on Wednesday.
Reaching the net-zero emissions goal will require $1 trillion a year in investments aimed at poor countries, which Fink estimates would need $100 billion in yearly subsidies to be viable.
"While the figure seems daunting, especially as the world is recovering from the Covid pandemic, a failure to invest now will lead to greater costs later," he said.
- 'Personnel is policy' -
The meetings held semi-virtually in Washington came amid growing alarm over what unchecked climate change will do to the planet.
The World Bank last month in a disturbing report warned that reduced agricultural output, water scarcity, rising sea levels and other adverse effects of climate change could cause up to 216 million people to leave their homes and migrate within their own countries by 2050.
An IMF study estimated that direct and indirect subsidies of fossil fuels added up to $5.9 trillion or about 6.8 percent of global GDP in 2020, and helped undercut climate goals by keeping gas cheap.
While officials at the two Washington-based multilateral lenders insisted they are razor focused on climate change, not all were convinced.
On Thursday, 77 advocacy groups asked for World Bank President David Malpass to step aside.
Malpass has emphasized the World's Bank's climate investment and said it provides half of all multilateral lending towards such projects -- a huge change from years past when the development lender financed controversial projects, criticized for their environmental impact.
But the groups said that since the 2015 Paris climate accord, the institution has steered $12 billion towards fossil fuel.
"Personnel is policy: The World Bank needs leadership that will support countries with real green and inclusive development pathways," said Luisa Galvao of Friends of the Earth US, which signed the petition.
- Leaning on international banks -
The actions of the United States during the meetings were closely watched, since Washington hold the most voting power at the organizations, but the world's largest economy also is a major carbon emitter.
President Joe Biden however has promised a government-wide offensive to tackle climate change.
US Treasury Secretary Janet Yellen this week convened leaders of several multilateral lenders -- including the World Bank and developments banks in Europe, Latin America, Asia and Africa -- and pressed them to dedicate more capital towards projects intended to mitigate climate change.
She also announced that her department would study how climate change is affecting communities and households in the United States, which this year alone has seen deadly winter storms strike Texas and the Midwest, wildfires roast California and successive hurricanes pummel the East Coast.
But while the White House now has a greater emphasis on addressing what Yellen called an "existential threat," agreement among the greater US political class on what to do about it remains elusive.
Biden has proposed two spending bills in Congress that could direct historic sums of money towards improving the country's climate resiliency and cutting emissions, but they are mired in the rancorous and divided US Congress.
© 2021 AFP
Washington (AFP)
In speeches and communiques from top finance officials at the annual meetings of the IMF and World Bank this week, one word was ubiquitous: climate.
Leaders of the institutions and government ministers pledged action to meet the global climate goals of keeping warning below 1.5 degrees Celsius and reaching net zero emissions by 2050, with an eye towards next month's COP26 climate change summit.
"I'm afraid it is time to roll up our sleeves and detail our plan of actions," Britain's Prince Charles said at a World Bank event Thursday.
"With action on climate change, biodiversity loss and a just transition more urgent than ever, I can only encourage us all to get to work and solve this problem."
But behind the rhetoric lies the harsh reality of the extent of the work left to do to meet the goals, and the rancor around the issue.
Washington leaned on multilateral lenders worldwide to step up financing of climate friendly projects, even as activists launched a salvo at the World Bank president.
Meanwhile, the world's largest asset manager warned that expensive investments are necessary to prevent catastrophe.
"Rich countries must put more taxpayer money to work in driving the net-zero transition abroad," BlackRock chief Larry Fink wrote in The New York Times on Wednesday.
Reaching the net-zero emissions goal will require $1 trillion a year in investments aimed at poor countries, which Fink estimates would need $100 billion in yearly subsidies to be viable.
"While the figure seems daunting, especially as the world is recovering from the Covid pandemic, a failure to invest now will lead to greater costs later," he said.
- 'Personnel is policy' -
The meetings held semi-virtually in Washington came amid growing alarm over what unchecked climate change will do to the planet.
The World Bank last month in a disturbing report warned that reduced agricultural output, water scarcity, rising sea levels and other adverse effects of climate change could cause up to 216 million people to leave their homes and migrate within their own countries by 2050.
An IMF study estimated that direct and indirect subsidies of fossil fuels added up to $5.9 trillion or about 6.8 percent of global GDP in 2020, and helped undercut climate goals by keeping gas cheap.
While officials at the two Washington-based multilateral lenders insisted they are razor focused on climate change, not all were convinced.
On Thursday, 77 advocacy groups asked for World Bank President David Malpass to step aside.
Malpass has emphasized the World's Bank's climate investment and said it provides half of all multilateral lending towards such projects -- a huge change from years past when the development lender financed controversial projects, criticized for their environmental impact.
But the groups said that since the 2015 Paris climate accord, the institution has steered $12 billion towards fossil fuel.
"Personnel is policy: The World Bank needs leadership that will support countries with real green and inclusive development pathways," said Luisa Galvao of Friends of the Earth US, which signed the petition.
- Leaning on international banks -
The actions of the United States during the meetings were closely watched, since Washington hold the most voting power at the organizations, but the world's largest economy also is a major carbon emitter.
President Joe Biden however has promised a government-wide offensive to tackle climate change.
US Treasury Secretary Janet Yellen this week convened leaders of several multilateral lenders -- including the World Bank and developments banks in Europe, Latin America, Asia and Africa -- and pressed them to dedicate more capital towards projects intended to mitigate climate change.
She also announced that her department would study how climate change is affecting communities and households in the United States, which this year alone has seen deadly winter storms strike Texas and the Midwest, wildfires roast California and successive hurricanes pummel the East Coast.
But while the White House now has a greater emphasis on addressing what Yellen called an "existential threat," agreement among the greater US political class on what to do about it remains elusive.
Biden has proposed two spending bills in Congress that could direct historic sums of money towards improving the country's climate resiliency and cutting emissions, but they are mired in the rancorous and divided US Congress.
© 2021 AFP
US Marijuana legalization used to right wrongs from drug war
Alphonso "Tucky" Blunt Jr. opened Blunts And Moore in 2018 after getting Oakland, Calif.'s first equity permit. He had been arrested for selling cannabis in 2005. Photo courtesy of Alphonso Blunt Jr.
PORTLAND, Ore., Oct. 14 (UPI) -- Nearly a decade after the first states approved recreational cannabis, righting wrongs from the drug war --including making the business accessible to minorities -- is driving implementation across the country.
The wave of recent legalizations in the Midwest and on the East Coast have made social equity a key component of their new regulatory frameworks. Western states that legalized the drug earlier are also following suit.
These efforts seek to reinvest in minority communities damaged by the drug war. They include expunging marijuana-related offenses and setting aside grants and licenses to give these communities a foothold in a crowded industry that's seen a "green rush" in the 18 states that have legalized the drug.
Proponents say these efforts are needed to help minority entrepreneurs overcome barriers to licenses, capital and technical assistance that keep them out of legal cannabis markets. Tahir Johnson, director of social equity and inclusion for the Marijuana Policy Project, likened the range of programs to little laboratories that are finding out what's working.
"None of them are perfect, but they are getting better and better," he said.
The programs should create opportunities for those formerly involved in what he calls the "legacy market," Johnson said. These people developed marijuana growing techniques and sold the drug when it was illegal, laying the groundwork for the legal market that one estimate valued at $12.4 billion as of 2019.
But they're locked out of it because of criminal records and lack of startup funds, he said. They're also disproportionately Black and brown. A 2020 ACLU report found that Black people are nearly four times as likely to be arrested for marijuana as White people on marijuana charges despite their roughly equal use of the drug.
Racist legacy
There's no authoritative source for how much of the industry is owned by minorities. But a Marijuana Business Daily survey found that 19% of respondents who at least partially own a cannabis business are minorities. BuzzFeed News estimated that 1% of dispensaries are Black-owned.
Johnson and other advocates say cannabis social equity programs are needed to confront the drug war's racist legacy.
In 2017, the city council of Oakland, Calif. adopted the country's first cannabis equity program. It set aside half of all permits to "equity applicants," residents who made less than 80% of the city's median income, lived in an area impacted by the drug war or had been convicted of a cannabis-related crime.
Alphonso "Tucky" Blunt Jr. opened Blunts And Moore in 2018 after getting the city's first equity permit. Blunt said the store employs eight workers and sells $5,000 to $7,000 worth of cannabis daily. But Blunt can recall a time when it seemed out of reach.
Blunt said cannabis was present at games of dominoes, Thanksgiving and other occasions while he was growing up in the 1980s and '90s. He first knew he wanted to open a weed store while taking his grandmother to run errands in 1999. After picking up medicine in a building off Telegraph Avenue downtown, she came back with a white bag. Inside was medical marijuana.
He spent the following years working in dispensaries in the Bay Area, growing cannabis and selling it on the street. But opening his own dispensary was out of reach.
"Back then I was told that Black people wouldn't own dispensaries, and I didn't really question why," he said.
City of Oakland data shows that Black and Latino people accounted for up to 90% of cannabis arrests, despite each making up about a quarter of the city's population respectively. White people accounted for 4% of arrests. In 2005, Blunt was arrested for selling cannabis.
After realizing he qualified, Blunt applied for an equity license. But there was a limited number of licenses and the city used a lottery to determine who got one. He recalled watching a city official remove numbered bingo balls from a chamber to determine which applicants wouldn't get a license.
At the end, Blunt's numbered ball remained. His dream came true. He screamed. He cried. He praised God.
"It's up there with having my kids," he said. "It's not better than that, but it's up there."
Aiming for equity
When Illinois Gov. J.B. Pritzker signed a bill legalizing cannabis in 2019, he called it "the most equity-centric" of its kind nationally. The new law created a "social equity applicant" program and set aside grants to help businesses get started. But the process for awarding licenses produced no minority-owned businesses.
Massachusetts also included a social equity component in its legalization law. But 73% of active owners, employees, executives and volunteers of cannabis establishments are White, MassLive reported.
Jeannette Ward Horton, executive director of the NuLeaf Project, said Illinois demonstrated that equity programs need to look closely at the ownership of companies to see who is benefitting. A more central problem, she said, is access to capital.
Minorities have less personal wealth than White people, according to the Federal Reserve's Survey of Consumer Finance. This lack of startup capital puts minority entrepreneurs at a disadvantage, particularly when trying to enter the capital-intensive cannabis industry, she said. Bank loans are largely out of reach because cannabis remains federally prohibited.
"It's about capital," she said. "The more money you have, the more successful your business tends to be."
The NuLeaf Project was selected in 2018 to run the city of Portland's Cannabis Business Development Equity Program. Funded with a tax on cannabis sales, the NuLeaf Project has awarded 25 grants and loans to minority entrepreneurs entering the cannabis industry, Ward Horton said.
Awards are usually between $10,000 and $25,000 but have been as big as $200,000, she said. The money can be used for marketing, moving to a less expensive property or covering costly administrative fees, she said. NuLeaf doesn't use collateral or credit scores to evaluate applications because they end up being a barrier for disadvantaged entrepreneurs.
Ward Horton and Johnson said they're watching New Jersey and New York as they roll out their programs. Johnson said New Jersey isn't putting a cap on businesses, which he said gives smaller businesses a better shot against multinational companies. It also includes regulations to protect smaller players from predatory contracts.
New York's program sets aside 40% of the expected $360 million annual cannabis tax revenue for a broad range of social spending. Half of the state's licenses will go to equity applicants.
Johnson said these programs will be successful when victims of the drug war can freely participate in the industry and can rise to executive and ownership positions.
Blunt said there should be more education for equity applicants suddenly thrust into an expensive and hyper-competitive industry. But even that, he said, isn't enough.
"I'm not going to say that it makes up for anything because there are so many lives that have been lost to jail time," he said. Instead, people like himself, who have been to jail for cannabis, should be in the room where laws are written.
Alphonso "Tucky" Blunt Jr. opened Blunts And Moore in 2018 after getting Oakland, Calif.'s first equity permit. He had been arrested for selling cannabis in 2005. Photo courtesy of Alphonso Blunt Jr.
PORTLAND, Ore., Oct. 14 (UPI) -- Nearly a decade after the first states approved recreational cannabis, righting wrongs from the drug war --including making the business accessible to minorities -- is driving implementation across the country.
The wave of recent legalizations in the Midwest and on the East Coast have made social equity a key component of their new regulatory frameworks. Western states that legalized the drug earlier are also following suit.
These efforts seek to reinvest in minority communities damaged by the drug war. They include expunging marijuana-related offenses and setting aside grants and licenses to give these communities a foothold in a crowded industry that's seen a "green rush" in the 18 states that have legalized the drug.
Proponents say these efforts are needed to help minority entrepreneurs overcome barriers to licenses, capital and technical assistance that keep them out of legal cannabis markets. Tahir Johnson, director of social equity and inclusion for the Marijuana Policy Project, likened the range of programs to little laboratories that are finding out what's working.
"None of them are perfect, but they are getting better and better," he said.
The programs should create opportunities for those formerly involved in what he calls the "legacy market," Johnson said. These people developed marijuana growing techniques and sold the drug when it was illegal, laying the groundwork for the legal market that one estimate valued at $12.4 billion as of 2019.
But they're locked out of it because of criminal records and lack of startup funds, he said. They're also disproportionately Black and brown. A 2020 ACLU report found that Black people are nearly four times as likely to be arrested for marijuana as White people on marijuana charges despite their roughly equal use of the drug.
Racist legacy
There's no authoritative source for how much of the industry is owned by minorities. But a Marijuana Business Daily survey found that 19% of respondents who at least partially own a cannabis business are minorities. BuzzFeed News estimated that 1% of dispensaries are Black-owned.
Johnson and other advocates say cannabis social equity programs are needed to confront the drug war's racist legacy.
In 2017, the city council of Oakland, Calif. adopted the country's first cannabis equity program. It set aside half of all permits to "equity applicants," residents who made less than 80% of the city's median income, lived in an area impacted by the drug war or had been convicted of a cannabis-related crime.
Alphonso "Tucky" Blunt Jr. opened Blunts And Moore in 2018 after getting the city's first equity permit. Blunt said the store employs eight workers and sells $5,000 to $7,000 worth of cannabis daily. But Blunt can recall a time when it seemed out of reach.
Blunt said cannabis was present at games of dominoes, Thanksgiving and other occasions while he was growing up in the 1980s and '90s. He first knew he wanted to open a weed store while taking his grandmother to run errands in 1999. After picking up medicine in a building off Telegraph Avenue downtown, she came back with a white bag. Inside was medical marijuana.
He spent the following years working in dispensaries in the Bay Area, growing cannabis and selling it on the street. But opening his own dispensary was out of reach.
"Back then I was told that Black people wouldn't own dispensaries, and I didn't really question why," he said.
City of Oakland data shows that Black and Latino people accounted for up to 90% of cannabis arrests, despite each making up about a quarter of the city's population respectively. White people accounted for 4% of arrests. In 2005, Blunt was arrested for selling cannabis.
After realizing he qualified, Blunt applied for an equity license. But there was a limited number of licenses and the city used a lottery to determine who got one. He recalled watching a city official remove numbered bingo balls from a chamber to determine which applicants wouldn't get a license.
At the end, Blunt's numbered ball remained. His dream came true. He screamed. He cried. He praised God.
"It's up there with having my kids," he said. "It's not better than that, but it's up there."
Aiming for equity
When Illinois Gov. J.B. Pritzker signed a bill legalizing cannabis in 2019, he called it "the most equity-centric" of its kind nationally. The new law created a "social equity applicant" program and set aside grants to help businesses get started. But the process for awarding licenses produced no minority-owned businesses.
Massachusetts also included a social equity component in its legalization law. But 73% of active owners, employees, executives and volunteers of cannabis establishments are White, MassLive reported.
Jeannette Ward Horton, executive director of the NuLeaf Project, said Illinois demonstrated that equity programs need to look closely at the ownership of companies to see who is benefitting. A more central problem, she said, is access to capital.
Minorities have less personal wealth than White people, according to the Federal Reserve's Survey of Consumer Finance. This lack of startup capital puts minority entrepreneurs at a disadvantage, particularly when trying to enter the capital-intensive cannabis industry, she said. Bank loans are largely out of reach because cannabis remains federally prohibited.
"It's about capital," she said. "The more money you have, the more successful your business tends to be."
The NuLeaf Project was selected in 2018 to run the city of Portland's Cannabis Business Development Equity Program. Funded with a tax on cannabis sales, the NuLeaf Project has awarded 25 grants and loans to minority entrepreneurs entering the cannabis industry, Ward Horton said.
Awards are usually between $10,000 and $25,000 but have been as big as $200,000, she said. The money can be used for marketing, moving to a less expensive property or covering costly administrative fees, she said. NuLeaf doesn't use collateral or credit scores to evaluate applications because they end up being a barrier for disadvantaged entrepreneurs.
Ward Horton and Johnson said they're watching New Jersey and New York as they roll out their programs. Johnson said New Jersey isn't putting a cap on businesses, which he said gives smaller businesses a better shot against multinational companies. It also includes regulations to protect smaller players from predatory contracts.
New York's program sets aside 40% of the expected $360 million annual cannabis tax revenue for a broad range of social spending. Half of the state's licenses will go to equity applicants.
Johnson said these programs will be successful when victims of the drug war can freely participate in the industry and can rise to executive and ownership positions.
Blunt said there should be more education for equity applicants suddenly thrust into an expensive and hyper-competitive industry. But even that, he said, isn't enough.
"I'm not going to say that it makes up for anything because there are so many lives that have been lost to jail time," he said. Instead, people like himself, who have been to jail for cannabis, should be in the room where laws are written.
NOT JUST RENTERS
US Foreclosures soar after COVID-19 forbearance programs expire
The report said the most new foreclosures during the third quarter were seen in Florida (5,400), Illinois (3,600), Texas (3,000), Ohio (2,600), New Jersey (2,100) and New York (2,000).
US Foreclosures soar after COVID-19 forbearance programs expire
The report said the most new foreclosures during the third quarter were seen in Florida (5,400), Illinois (3,600), Texas (3,000), Ohio (2,600), New Jersey (2,100) and New York (2,000).
File Photo by Alexis C. Glenn/UPI | License Photo
Oct. 14 (UPI) -- Foreclosures in the United States are up dramatically nationwide now that emergency measures to help people stay in their homes have begun to expire, an industry report said Thursday.
According to mortgage data firm ATTOM, new foreclosures, or starts, rose by 32% from July to October compared to the April-July period -- and were up 67% compared to the same period in 2020.
While the increases are dramatic, the report says they are particularly pronounced because new foreclosures have been exceptionally low since the start of the COVID-19 pandemic due to emergency aid programs that staved off foreclosures for millions of homeowners.
Those programs have begun to expire and the market is seeing an uptick in starts as a result, the report said.
RELATED Supreme Court blocks part of New York State's eviction ban
Typically, new foreclosures in the United States average around 40,000 per month. When the aid programs were in effect, that figure was under 5,000.
Thursday's report showed 19,600 foreclosures in September, which was an increase of 24% from August and 102% from September 2020.
RealtyTrac executive vice president Rick Sharga said starts are still "far below" historical levels.
RELATED Barricades removed in Oregon neighborhood protest against family's eviction
"September foreclosure actions were almost 70% lower than they were prior to the COVID-19 pandemic in September of 2019, and [third quarter] foreclosure activity was 60% lower than the same quarter that year," he said.
"Even with similar increases in foreclosures over the next few months, we'll end the year significantly below what we'd see in a normal housing market."
The report said the most new foreclosures from July to October were seen in Florida (5,400), Illinois (3,600), Texas (3,000), Ohio (2,600), New Jersey (2,100) and New York (2,000).
Oct. 14 (UPI) -- Foreclosures in the United States are up dramatically nationwide now that emergency measures to help people stay in their homes have begun to expire, an industry report said Thursday.
According to mortgage data firm ATTOM, new foreclosures, or starts, rose by 32% from July to October compared to the April-July period -- and were up 67% compared to the same period in 2020.
While the increases are dramatic, the report says they are particularly pronounced because new foreclosures have been exceptionally low since the start of the COVID-19 pandemic due to emergency aid programs that staved off foreclosures for millions of homeowners.
Those programs have begun to expire and the market is seeing an uptick in starts as a result, the report said.
RELATED Supreme Court blocks part of New York State's eviction ban
Typically, new foreclosures in the United States average around 40,000 per month. When the aid programs were in effect, that figure was under 5,000.
Thursday's report showed 19,600 foreclosures in September, which was an increase of 24% from August and 102% from September 2020.
RealtyTrac executive vice president Rick Sharga said starts are still "far below" historical levels.
RELATED Barricades removed in Oregon neighborhood protest against family's eviction
"September foreclosure actions were almost 70% lower than they were prior to the COVID-19 pandemic in September of 2019, and [third quarter] foreclosure activity was 60% lower than the same quarter that year," he said.
"Even with similar increases in foreclosures over the next few months, we'll end the year significantly below what we'd see in a normal housing market."
The report said the most new foreclosures from July to October were seen in Florida (5,400), Illinois (3,600), Texas (3,000), Ohio (2,600), New Jersey (2,100) and New York (2,000).
Advocacy groups pan Biden administration for 'cruel policies' on Haitian migrants
Migrants cross the Rio Grande river from Ciudad Acuna, Mexico, on September 20. A coalition of advocacy groups is calling for the Biden administration to reverse a policy that's expedited the expulsion of migrants from Haiti.
Migrants cross the Rio Grande river from Ciudad Acuna, Mexico, on September 20. A coalition of advocacy groups is calling for the Biden administration to reverse a policy that's expedited the expulsion of migrants from Haiti.
File Photo by Allison Dinner/EPA-EFE
Oct. 14 (UPI) -- An alliance of civil rights and humanitarian organizations is increasing pressure on President Joe Biden to reverse asylum policies that they say are endangering the lives and safety of Haitian migrants.
On Thursday, the Welcome With Dignity Campaign took out a full-page ad in the New York Times directly addressing Biden. The ad called on Biden to reverse a Trump-era policy that ramped up the expulsion of Haitian migrants fleeing their country's economic and political crisis.
"Your cruel policies have human consequences," reads the ad.
Earlier this month, the Department of Homeland Security increased deportation flights for Haitian migrants in response to a surge at the border in Texas. The department made the move under Title 42, a pandemic health order issued last year. Under the order, the department expelled migrants as a public health precaution without giving them the opportunity to ask for asylum.
RELATED 'We suffered a lot to get here': Haitian migrant's harrowing journey to U.S. border
Last month, the Biden administration, which promised a softer approach on immigration, was harshly criticized in response to widely circulated images and video of agents on horseback charging and herding migrants attempting to cross the Rio Grande.
The Biden administration has expelled 7,500 Haitian migrants "back to danger" since Sept. 19, according to the Welcome With Dignity Campaign. Haiti faces humanitarian challenges from a 7.2-magnitude earthquake that struck the country in August and is still grappling with the political turmoil from the assassination of its president.
The Welcome With Dignity Campaign said in the ad there have been 6,356 kidnappings, sexual assaults and other violent attacks against people seeking refugee at the border.
RELATED DHS secretary: Up to 12,000 Haitian migrants released into U.S.
The ad was accompanied by protests in Washington, D.C., as well as at least 11 other cities.
Late last month, Homeland Security Secretary Alejandro Mayorkas said agents would no longer use horses to deal with migrants at the border and the incident would be investigated. He also said roughly 15,000 migrants had been removed from a makeshift camp in Del Rio, Texas. Up to 12,000 Haitian migrants have been released into the United States, he said in a separate interview with Fox News.
Oct. 14 (UPI) -- An alliance of civil rights and humanitarian organizations is increasing pressure on President Joe Biden to reverse asylum policies that they say are endangering the lives and safety of Haitian migrants.
On Thursday, the Welcome With Dignity Campaign took out a full-page ad in the New York Times directly addressing Biden. The ad called on Biden to reverse a Trump-era policy that ramped up the expulsion of Haitian migrants fleeing their country's economic and political crisis.
"Your cruel policies have human consequences," reads the ad.
Earlier this month, the Department of Homeland Security increased deportation flights for Haitian migrants in response to a surge at the border in Texas. The department made the move under Title 42, a pandemic health order issued last year. Under the order, the department expelled migrants as a public health precaution without giving them the opportunity to ask for asylum.
RELATED 'We suffered a lot to get here': Haitian migrant's harrowing journey to U.S. border
Last month, the Biden administration, which promised a softer approach on immigration, was harshly criticized in response to widely circulated images and video of agents on horseback charging and herding migrants attempting to cross the Rio Grande.
The Biden administration has expelled 7,500 Haitian migrants "back to danger" since Sept. 19, according to the Welcome With Dignity Campaign. Haiti faces humanitarian challenges from a 7.2-magnitude earthquake that struck the country in August and is still grappling with the political turmoil from the assassination of its president.
The Welcome With Dignity Campaign said in the ad there have been 6,356 kidnappings, sexual assaults and other violent attacks against people seeking refugee at the border.
RELATED DHS secretary: Up to 12,000 Haitian migrants released into U.S.
The ad was accompanied by protests in Washington, D.C., as well as at least 11 other cities.
Late last month, Homeland Security Secretary Alejandro Mayorkas said agents would no longer use horses to deal with migrants at the border and the incident would be investigated. He also said roughly 15,000 migrants had been removed from a makeshift camp in Del Rio, Texas. Up to 12,000 Haitian migrants have been released into the United States, he said in a separate interview with Fox News.
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