Lending Perspectives: COVID-19 next wave

first_img continue reading » As I write this, it’s been about two months since the sports world seemingly set the precedent for the U.S. economy by shutting down operations, setting the stage for an episode that has been a blur for virtually everyone. As essential businesses, credit unions and banks have been right in the middle of all of the activity.People wanted cash. They needed emergency loans. They needed payment deferments and modifications. In a matter of 72 hours, I realized the economic impact of COVID-19 was not going to be anything like the financial crisis and the Great Recession. This was much more severe and faster than 2008-2009; anything we thought we could leverage from that time period was pretty much worthless.Where are we headed? I think today’s economic and social realities make long-range planning a difficult thing to do. Certainly lenders and senior management teams have to be evaluating segments of the economy that will suffer from displacement and disruption in the long run. Yet there is so much to do in the short term that you need to take turns thinking and planning long term while acting and executing short term. So what are the short-term decisions impacting credit union lending? ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

DD Motoring: Bridging a 100 year gap for a Donegal family

first_imgIt’s coming near closing time and the doorbell jingles as someone calls in looking for a picture frame in a big hurry.By Brian McDaidThey are not able to wait to get a frame made to order, so they spot a display frame sitting in the studio which takes their fancy. Advertisement An old black and white photo is removed from it. It’s one of the many old photos that was in this house before it was a photographic studio or picture framing shop, from the days when it was my grandfather’s home.The picture is of his mother Roseanne Coyle who lived up in Listack outside Letterkenny.As I’m fitting the new photo, taping up the back for the waiting customer, the thought passed through my head, I and my great granny worked together for this customer.My great granny’s photo is sitting frameless on my desktop, I decided to post the photo up on social media, complete with her name and where she was from. Advertisement The faded pictured of Rosanne Coyle which made the connection with the past and the present in the journey an sad story of Private John Coyle. Photo Brian McDaid.Sure enough that evening it’s the notification bells on the phone that is now chiming as the likes and comments drifted on to the page.As people that remembered my aunt Bida Deeney remarked the resemblance in the both of them.Messenger Then a private message arrived from one of my Facebook friends, who I didn’t think I recognised telling me that Roseanne Coyle, my great granny, was also her great, great granny through her son John.Growing up visiting my grandfather’s home, William Coyle at the foot of the town, I thought he had only the one brother Charlie that lived in the old home place in Listack. And other than a brass nameplate with “J. COYLE” on it that sat in Listack for years and then ended up in my grandfather’s house after that.The battle scares on the the brass name plate of J. Coyle 3209 who fought in World War 1.Photo Brian McDaid.After my grandfather passed away, I asked my aunt Bida a few times about the nameplate thinking that it belonged to my uncle Johnny.But Bida just said it was my grandfather’s older brother John and that he fought in the war and that was that.Peace Park Around 10 years ago the late Paddy Harte included me in a group that went to Belgium to visit the Peace Park which he built to remember the Irish who fought in the world wars.I was there when families located graves of loved ones for the first time in these far off fields of France and Belgium.Something that was never talked about at home.And when I got home, I tried a few times to research the owner of the brass plate that we had and no one seemed to know anything about.Paddy Harte looking through the letter and names left in the Memorial register at the war memorial. in Belguim. Photo Brian McDaid.Then a simple post on social media this week and the power of one picture and social media made the connection with two separate parts of the same family, who both lived nearby each other for nearly 70 years!Both having the same story to tell of the loss, in very different ways, of the same person over 100 years ago.And either one not knowing that both had searched in their own way for Private J. Coyle who fought in World War 1.Paddy Harte pictured with Cllr. Tony McDaid, Cllr. Padraig Mc Laughlin and Cllr Terence Slowey as they arrive at the Ulster Memorial hall.in Belgium. Photo Brian McDaid.On bank holiday Monday this week, following the posting of the single photo of Rosanne Coyle on Facebook and a few messages and phone calls later, the granddaughter of Private John Coyle, who has travelled the longest journey, called at the home of his late brother William, who once lived at Lower Main St. Letterkenny.Celine Sweeney was welcomed in as she told the difficult story of Private John Coyle.Celine’s grandmother Catherine qualified as a nurse in 1901 and returned to her native Donegal to take up a nursing post at the asylum in Letterkenny for a time.John Coyle was a farmers son who was to emigrate from Donegal to Scotland, first working as a boilermaker’s assistant before enlisting with the army in 1908.Catherine and John may have met in Donegal or in Scotland where both of them worked. In May 1913, Catherine gave birth to a son, John Joseph Coyle.Outbreak of WarThe outbreak of war was announced on August 1914 and John was immobilised that same month and was part of the 1st Battalion of the Irish Guards to go to war at the front in France.In October that year Catherine gave birth to a baby girl at the Western District Hospital, Glasgow, her daughter was christened Roseanne Coyle after John’s Mother back in Donegal.The notice for John Private John Coyle 3209 to head off to the war in 1914. Photo Brian McDaid.Catherine decided to take her two children back home to Donegal in December where her own family helped her to look after them.Her partner, still in France at the front, John’s Battalion took heavy losses, and John sustained a head injury and was taken to hospital in France before being shipped back to the hospital in England and even nearer home to a hospital in Derry.The effects of warIn the war records that Celine gathered on her grandfather, his behaviour, which firstly described John as “a good worker”, changed to that of one who was “absent from his company” on the 13/11/14 to 30/11/14 and speaking improperly to a Sgt.In waiting for 15/11/17 (168 hrs detention), as he was moved from hospital to hospital and even was sent home for s months to recuperate at one stage, he fought in Vivieries and the Battle of Aisne and fought back the Germans to retake a wooded area near the village of Soupir.The Germans tried to counter-attack to seize back the ground but the position was held.Six members of the Irish Guards were killed that day and 25 were injured – John was one of the injured.He received two gunshot wounds one to his right arm and one to his leg.The brass Name plate of John Coyle who fought in World War 1.Photo Brian McDaid.In his medical report along with his injuries, John is described as having Neurasthenia, a medical term not used anymore, but commonly used in World War 1.It describes a mechanical weakness of the nerves, constant headache emotional stress and depression.Yet he still was considered fit enough towards the end of the war to sent him back to the front line in 1917.After which his military records shows was awarded the 1914 star medal and the victory medal.John never came home after the war, his mother Roseanne believed that he may well have died in action, and like his partner Catherine, both heard no word back.Many years after his granddaughter retraced John steps, she was to find out that he changed his next of kin to that of another woman he married in England.Sadly that was also to end in failure for John, who was split up in the 1920s and few were to hear of him after the 1930s.Catherine was only 48 when she died in the early 1930s and John’s mother Rosanne died in the 1940s as did John Joseph, who passed away in 1943 on his 30th birthday.On Monday this week Celine Sweeney, who has travelled the longest journey in putting together this very sad and long judgemental road that her family have travelled, visited the former home of her grandfather’s brother Willie and shared her account with her cousins in a book that she had commissioned on the army history of her grandfather that fought in World War 1.What she didn’t know that day that her grandfather’s brass plate was there waiting for her, a plate that was issued to John Coyle on the 6th of August 1914, the day he was mobilised to go to war and on the 6th of August 2019, she would be given that same his army plate which sat for over 100 years waiting for someone to claim it.Small worldWhile Celine was visiting her grand uncle’s house this week, which now is a photographic studio, and seen a picture of her great grandmother that was posted on Facebook that made the all-important connection this week, she got a pleasant surprise to see another familiar face in another display frame, that of her granddaughter Lauren Anne, who got her first communion photos taken in the studio eight or nine years ago not known then that there was a family connection.Roseanne Coyle picture alongside her great great great granddaughter Lauren Anne in the former home of Willie Coyle which now is a photo studio. Photo Brian McDaid.For years in the studio, her picture has sat side by side with a picture of her great, great, great grandmother Rosanne Coyle of Listack, which Lauren’s great grandmother Roseanne Coyle, Catherine and John’s daughter was called after all them years ago.And which is why the Anne in ‘Lauren Anne’ is called after her great grandmother nearly 100 years on.DD Motoring: Bridging a 100 year gap for a Donegal family was last modified: August 8th, 2019 by Brian McDaidShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

National Olympic Committees Get Glimpse of Tokyo 2020 Venues

first_imgTOKYO (AP) — A dozen national Olympic committees have been given a quick look at Tokyo’s venue preparations for the 2020 Summer Games.Mark England of the British Olympic Association says they were impressed.“We haven’t had many questions to ask the organizing committee because the venues have been absolutely fantastic,” England said.The tour Tuesday marked the committees’ first visit to Tokyo since the Pyeongchang Winter Olympics ended last month.Tokyo’s Metropolitan Gymnasium was among the venues. It was built in 1954 and hosted gymnastics for the 1964 Olympics. It will be the venue for table tennis in two years and sits next to the new Olympic stadium, which is under construction.“In this venue here today — historical and traditional though it is — we can see that it is in absolutely superb condition,” England said.Tokyo’s use of existing venues will delight the International Olympic Committee, which has been criticized when cities have built “white elephant” sports venues.National Olympic Committee members from a dozen countries inspect a Tokyo 2020 Summer Olympics and Paralympics venue at Metropolitan Gymnasium in Tokyo, Tuesday, March 27, 2018. (AP Photo/Shizuo Kambayashi)The most recent Olympics in Rio de Janeiro left behind a half-dozen venues that are not being adequately utilized.Rio built a cycling velodrome that has caught fire twice since the Olympics ended two years ago. Several arenas in the Olympic Park are largely vacant, and a newly built golf course has struggled to find players.“It was obviously more challenging for Brazil because it was the first (Olympics) in South America, so they didn’t have that history, tradition of hosting games,” England said. “The games were very different in Rio de Janeiro. The two are not comparable. The state of readiness if very, very well advanced in Tokyo.”In addition to Britain, nations on the venue tour included: Indonesia, Kazakhstan, Greece, Guatemala, Serbia, China, the Philippines, Puerto Rico, Portugal, Monaco and Japan.“National Olympic committees feed off of each other when we’re talking and asking questions,” England said. “Some of us go back a number of games, so we know each other well. And you can see this is a terrific opportunity.”—By STEPHEN WADE , AP Sports WriterNational Olympic Committee members from a dozen countries inspect a Tokyo 2020 Summer Olympics and Paralympics venue at the Metropolitan Gymnasium in Tokyo, Tuesday, March 27, 2018. (AP Photo/Shizuo Kambayashi)TweetPinShare0 Shareslast_img read more

Campus Insiders Projects College Football AP Top 25 Poll

first_imgNational Championship in Tampa Bay for 2017.Who will win enough games to compete for this?College football expert Phil Steele projected what the preseason AP top 10 will look like yesterday. You can see that here. Another outlet has done the same, but expanded to the complete top 25. Pete Fiutak of Campus Insiders and CollegeFootballNews.com has projected what the first AP poll of the 2016 college football season will look like. Who will enter next season No.1 in the AP [email protected]‘s Post-Spring Projected Top 25: https://t.co/WnfJg75exo pic.twitter.com/fwIPBXDnLD— Campus Insiders (@CampusInsiders) May 11, 2016Here’s his projected top 25:1. Clemson  2. Alabama  3. Michigan  4. Florida State  5. Oklahoma  6. Ohio State  7. LSU  8. Notre Dame  9. Tennessee  10. Georgia  11. Michigan State  12. Baylor  13. Oregon  14. Houston  15. Florida  16. USC  17. TCU  18. Wisconsin  19. Oklahoma State  20. Stanford  21. Iowa  22. Ole Miss  23. Louisville  24. UCLA  25. Nebraska You can view his full explanation for the rankings here.last_img read more

Most actively traded companies on the TSX

first_imgSome of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,355.54, down 88.85 points).Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 71 cents, or 7.68 per cent, to $8.54 on 28.4 million shares.Aphria Inc. (TSX:APH). Healthcare. Down 42 cents, or 2.81 per cent, to $14.55 on 19.3 million shares.Canopy Growth Corp. (TSX:WEED). Healthcare. Down $4.10, or 6.83 per cent, to $55.90 on 12.9 million shares.Nemaska Lithium Inc. (TSX:NMX). Mining. Up three cents, or 3.8 per cent, to 82 cents on 7.8 million shares.Bombardier Inc. (TSX:BBD.B) Industrials. Down nine cents, or two per cent, to $4.41 on 6 million shares.Cronos Group Inc. (TSX:CRON). Healthcare. Down $1.26, or 8.05 per cent, to $14.39 on 5.2 million shares.Companies reporting major news:Thomson Reuters Corp. (TSX:TRI). Up $1.71 or 3.05 per cent, to $57.74 on 1.56 million shares. The company announced it is offering to buy back up to US$9 billion of its outstanding common shares, representing about 31 per cent of its issued and outstanding shares. The shares will be purchased through a “modified Dutch auction” that will see shareholders who wish to sell tender their shares. The company says it will pay between US$42 and US$47 per share, which is between 0.4 and 11.5 per cent higher than the company’s volume weighted average price on the New York Stock Exchange over the past 20 trading days. The offer begins today and is expected to be completed on Oct. 2.Bank of Montreal (TSX:BMO). Up 19 cents, or 0.2 per cent, to $106.35 on 1.4 million shares. BMO Financial Group says the strength of its U.S. operations allowed the bank to beat expectations in earning $1.54 billion in the third quarter, up from $1.39 billion a year ago. On an adjusted basis, it earned $1.57 billion or $2.36 per share, compared with $1.37 billion or $2.03 per share a year ago. Analysts had expected the bank to earned $2.26 per share for the quarter, according to Thomson Reuters Eikon.Bank of Nova Scotia (TSX:BNS). Down $1.41, or 1.8 per cent to $76.89 on 3.7 million shares. The bank raised its dividend despite reporting lower profits in the third quarter, partially due to acquisition-related costs. Scotiabank net earnings slipped to $1.94 billion from $2.1 billion a year ago. Excluding one-time costs, adjusted earnings were $2.26 billion or $1.76 per diluted share in the quarter, up from $2.12 billion or $1.68 per diluted share a year ago. Analysts expected it would earn $1.75 per share in adjusted profits, according to Thomson Reuters Eikon.last_img read more

Delhi govt seeks months time to grant sanction to prosecute Kanhaiya

first_imgNew Delhi: The Delhi government on Wednesday sought before a court here a month’s time to decide whether to grant sanction to prosecute former JNU students’ union president Kanhaiya Kumar and others in the 2016 JNU sedition case. Chief Metropolitan Magistrate Deepak Sherawat directed the AAP government to file a “proper reply”, citing a definite time-frame. DCP of Special Cell of Delhi Police, Pramod Kushwaha, had earlier told the court that the agency has already sent a request to the Delhi government seeking sanction and added that sanction was an administrative action and the charge sheet can be filed without Also Read – After eight years, businessman arrested for kidnap & murderthat. The Delhi Police had earlier told the court that authorities were yet to give requisite sanctions to prosecute Kumar and others in the case, and it would take two to three months to procure sanctions. The court had earlier also directed police to ask the authorities concerned to expedite the process while granting it three weeks to procure the sanction needed to prosecute Kumar and other accused, including former JNU students Umar Khalid and Anirban Bhattacharya, in the case. They have been charged under IPC 124 A (sedition), 323 (voluntarily causing hurt), 465 (forgery), 471 (using as genuine, forged document), 143 (punishment for unlawful assembly), 149 (unlawful assembly with common object), 147 (rioting) and 120B. The three students, who were arrested on February 11, 2016, are out on bail.last_img read more

Centenarian voters to be treated like VVIPs on polling day Delhi CEO

first_imgNEW DELHI: Special arrangements would be made for Delhi voters who are aged 100 and above on the polling day, including pick-up and drop facility, and they will be greeted at booths with bouquets and selfies to make them “feel like VVIPs”. Delhi goes to polls on May 12 and Chief Electoral Officer Ranbir Singh said, there are 96 centenarian voters in the city, and women outnumber men in this category. “We have been trying for the last four months to identify all voters who are aged 100 or above. This is a first such initiative to cater to elderly voters who were born before Independence and have seen the first general elections in 1952. For us, they are VVIP voters and they will be treated as one,” said, Ranbir Singh. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehiclesAccording to data shared by the Delhi CEO Office, there are 42 male centenarian voters and 54 female. “A senior officer will go to the house of each of these centenarian voters, residing nearest to the polling station in a constituency, and escort them to booths. They will also motivate them to vote unless they are bedridden and their health doesn’t permit,” the CEO said. “But, if such voters are still eager to vote despite their frailty, we will make all possible arrangements, to ensure they exercise their franchise. They will also be given priority in voting, so they don’t have to stand in line,” he said. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarAt polling stations they will be greeted with bouquets and polling staff would take selfies with them, Singh said. Among the centenarian voters on the electoral roll are 111-year-old Bachchan Singh, a resident of West Delhi’s Tilak Nagar and 110-year-old Ram Pyari Shankwar, who is suffering from age-related ailments for the last one decade and lives in East Delhi’s Kondli. “He has never missed out on voting as far as I can remember as he understands the value of even one ballot. He barely remembers things now since he suffered a stroke couple of months ago, though, he is able to walk and speak. So we will take him to the polling booth,” Bachchan Singh’s grandson, Gurucharan Singh, said. The Delhi CEO said, in keeping with the theme of ‘Accessible Elections’, proper facilities would be provided to the voter with disabilities. “For visually-challenged voters, a dummy sheet would be kept at the polling station, on which they can feel and get to know about the candidates, and the serial number before exercising their franchise,” Singh said. A facility for having a companion is also there, besides, wheelchair and ramp facilities would be provided for such voters. As many as 164 candidates are in the fray in Delhi, where the polls are largely being seen as a triangular contest among the AAP, BJP and the Congress. Of the over 1.43 crore voters in Delhi, 78,73,022 are male and 64,42,762 female, while 669 belong to the third gender. The number of overseas electors stands at 40 while the count of service voters is 11,005.last_img read more

Priyanka helps child with tumor in Allahabad

first_imgAllahabad: Congress General Secretary Priyanka Gandhi has extended a helping hand for a minor girl suffering from tumor here in Uttar Pradesh. The girl’s parents on Friday contacted Gandhi and expressed their inability to bear the cost of their daughter’s treatment. Gandhi immediately contacted senior party leaders Rajiv Shukla, Hardik Patel and Mohd Azharuddin and directed them to arrange for the child to be taken to AIIMS Delhi. Shukla sent the child, her parents, Azharuddin and Patel to Delhi in his six-seater charter plane while he later left for Delhi by train. Congress leader Jitendra Tiwari said that Gandhi has said that she will personally take care of the child’s treatment in All India Institute of Medical Sciences (AIIMS) Delhi.last_img read more

Holeness sworn in as Jamaicas 11th Prime Minister

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 09 Mar 2016 – Jamaica’s New Prime Minister, Andrew Holeness is sworn in now. The Ceremony was held Thursday March 3, 2016 on the lawn of King’s House in Kingston; the Governor General’s residence. On February 25, now Prime Minister Holeness led the Jamaica Labour Party to victory over the incumbent PNP in a tight race, which gave the JLP 33 of 63 seats in Parliament. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:Andrew Holeness, jamaica labour party, jamaica prime ministerlast_img read more