Two hospitalised in city centre crash

first_imgLinkedin First Irish death from Coronavirus Andrew CareySign up for the weekly Limerick Post newsletter Sign Up TWO people were being treated at the University Hospital Limerick this Thursday afternoon following a road traffic collision at a busy city centre junction.The two-car collision occurred at the junction between Cecil Street and Catherine Street shortly after 11am.Emergency services attended the crash scene and the area was immediately cordoned off with restrictions put in place to motorists and pedestrians.The two injured people were initially treated at the scene but were removed to the hospital for further treatment. Their injuries were understood to be minor in nature.The busy junction was closed for a period of time to allow a clean up process rake place but the area has since be reopened. No vaccines in Limerick yet Facebook Surgeries and clinic cancellations extended WhatsApp RELATED ARTICLESMORE FROM AUTHOR Email Printcenter_img NewsBreaking newsTwo hospitalised in city centre crashBy admin – January 2, 2014 641 Twitter TAGSfeatured Advertisement Walk in Covid testing available in Limerick from Saturday 10th April Shannondoc operating but only by appointment Previous articleFireworks continue with City of Culture resignationsNext articleCox’s formal response to City of Culture resignations admin Proceedures and appointments cancelled again at UHLlast_img read more

Lawmakers Revisit Concern Over Potential Repeat of GSE Bailout

first_img The Best Markets For Residential Property Investors 2 days ago Related Articles Tagged with: Bailouts Fannie Mae Freddie Mac Systemically Important Financial Institutions in Daily Dose, Featured, News, Secondary Market Home / Daily Dose / Lawmakers Revisit Concern Over Potential Repeat of GSE Bailout Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Demand Propels Home Prices Upward 2 days ago Share Save  Print This Post Previous: Counsel’s Corner: Dealing with Declines in Default Inventory Next: The Week Ahead: Yellen on the Hot Seat Not Once, but Twice About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Lawmakers Revisit Concern Over Potential Repeat of GSE Bailout Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Bailouts Fannie Mae Freddie Mac Systemically Important Financial Institutions 2016-02-05 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago It has been more than seven years since Fannie Mae and Freddie Mac required a combined $187.5 billion taxpayer-funded bailout and were taken into conservatorship by the Federal Housing Finance Administration (FHFA).The conservatorships of the GSEs continue to this day, remaining a contentious issue. They returned to profitability in 2012, but since then all their profits have been swept into Treasury (the Net Worth Sweep) and those profits have sharply declined in the last two years.In April 2015, lawmakers raised concerns that the GSEs might need another bailout following a Dodd-Frank Stress Test that showed the GSEs would need a $157.3 billion bailout under hypothetical adverse economic conditions such as a 10 percent unemployment rate, a 4.5 percent decline in GDP growth, and a significant drop in long-term interest rates while short-term rates remain near zero. Also, the FHFA Inspector General issued a report last April warning that the profitability of the GSEs might not continue even though it is likely that the conservatorships will.Recently, lawmakers have raised concerns that another bailout might be necessary due to the GSEs’ zero capital requirement. Fannie Mae and Freddie Mac each have a capital buffer of $1.8 billion, but it is required to be reduced by $600 million per year until it reaches zero by 2018. Should the GSEs’ losses exceed their capital buffer, they would require a draw from Treasury. U.S. Reps. Stephen Lee Fincher (R-Tennessee) and Mick Mulvaney (R-South Carolina) wrote a letter this week to Treasury Secretary Jack Lew and FHFA Director Mel Watt asking the regulators to consider what effect the zero capital requirement will have on the economy and the potential risk it poses to taxpayers and the financial system. The lawmakers asked Lew and Watt what steps their respective Agencies can take in the near term to “rectify the situation.” They requested a reply by March 1.Fincher and Mulvaney noted that Fannie Mae and Freddie Mac have more than $5 trillion in securities outstanding yet are being required to deplete their capital reserves. Since the GSEs insure four out of every five mortgages in the United States, the taxpayers will be the ones that have to pay the cost if the financial system experiences a sudden shock or downturn. The Best Markets For Residential Property Investors 2 days ago February 5, 2016 1,126 Views Subscribelast_img read more

Siblings fall in buy-bust

first_imgCharges for violation of Republic Act 9165, or the Comprehensive Dangerous Drugs Act of 2002 will be filed against Keen Joseph and Michael./PN BACOLOD City – Two persons were nabbed in a drug buy-bust operation in Barangay Su-ay, Himamaylan City, Negros Occidental. Five sachets of suspected shabu valued at around P5,000 were seized from 26-year-old Keen Joseph Gavilanes and his brother Michael, 22, a police report showed. Keen Joseph and Michael – residents of the village – were caught after they sold suspected illegal drugs to an undercover cop for P500 around 3:35 p.m. on May 10, it added.The suspects were detained in the custodial facility of the Himamaylan City police station.last_img

Lies Lagerweij emerges as defensive leader after position change

first_img Facebook Twitter Google+ Published on September 28, 2015 at 10:16 pm Contact Sam: [email protected] | @Sam4TR Thirty-five seconds into Lies Lagerweij’s first game as the Syracuse’s center back in 2014, the defense allowed a goal.Lagerweij had never played defense before, but an injury to the team’s usual starting center back forced head coach Ange Bradley to tinker.“Honestly, I don’t know a lot about defense,” Lagerweij said after the game on Oct. 25, 2014.Still, Lagerweij and the defense didn’t allow another goal and ended up beating Duke 2-1 in overtime.She never left the center back position.AdvertisementThis is placeholder textA well-adjusted Lagerweij is now leading No. 2 Syracuse’s (9-0, 3-0 Atlantic Coast) stingy defense. Orange opponents have scored just eight goals in nine games. Goalkeeper Jess Jecko, who has recorded three shutouts, plays behind a back line that only allows 4.4 shots on goal per game. Out of 77 qualified NCAA goalkeepers, Jecko ranks 66th in saves with 3.33 per game. That’s because Lagerweij and the defense does its job, a job she learned on the fly with a goalkeeper, a notebook and a video room as her lifelines.“I started from zero as a center back,” Lagerweij said. “We had two weeks before the (2014 ACC) tournament, so I didn’t have time a lot of time (to adjust) … I had to dive in.”Lagerweij watched video with assistant coach Allan Law, who broke down film to focus on outlets, rotations and angles. He isolated mistakes and successes. Lagerweij filled 30 pages of her notebook with defensive notes in the two weeks before the tournament.She went from seeing empty attacking space in front of her to trying to fill that space with defenders and focus on opposition’s weapons like she did against Virginia’s midfield — one of the best in the country according to teammate Roos Weers. Syracuse won 3-1 and neither of the Cavaliers’ two prolific midfielders scored.Lagerweij has new responsibilities at a new position. She’s the primary decision-maker, Bradley said. While she also starts the offense from the back, Lagerweij’s first priority is to stop the offense. She learned to take fewer risks.“That was a big adjustment for me,” Lagerweij said. “I was used to doing tricks and trying new stuff. At forward, you can take a lot of risks, but in the back you don’t want to take a lot of risks. I came in the back and had to play like boring passes … I’m getting used to it.”It may not be scoring, but the quick passing in a back triangle of defenders helps reverse the field and create offense for the Orange.When she first learned the position, she still wanted to push up the field and score. Her aggressiveness sometimes left her out of position, but she adjusted to the way Syracuse plays defense, with each player behind coaching the player ahead.“Usually, I was defending (Lagerweij) in practice, but now I’m directing her,” Jecko said. “… I was helping her with the position and having her see counter shape. She’s smart … and she sees seams because she used to look for them.”Last season, in the 2014 national semifinal game, Jecko directed Lagerweij as North Carolina brought a three-on-one rush toward the goal. One Tar Heel in front, another on the side and a third behind her, Lagerweij broke up the play by using her “long reach” to intercept the pass. She saved the game, Jecko said, an eventual 3-2 win.It was a breakthrough moment for Lagerweij, a play that justified the video and notes. This season, with a more experienced and less risky Lagerweij, Syracuse hopes its strong back line can help bring the team back to the national championship and emerge with a different result.“The way we’re playing right now,” Lagerweij said, “I can see those boring passes are getting fun.” Commentslast_img read more