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Mahmoud Abdul Rahman Ahmed says his son, Abdullah, was “searching for a sip of water” when he took the family’s jerrycans on Sunday morning and headed as usual to one of the water distribution points in the urban Nuseirat camp, in central Gaza. “That area was inhabited by displaced people, others who were exhausted by the war, and those who have seen the worst due to the imposed siege and limitations, and the ongoing aggression,” Mahmoud said in an interview with a local journalist working for the BBC. “The children, Abdullah among them, stood in a queue with empty stomachs,…
Whether you're a nervous traveler or not, you've probably thought about the possibility of your belongings being stolen or your luggage broken into. I can't be the only one thinking this! Ever since a clip started circulating on her TikTok showing how easily zippered luggage can be compromised, travelers are actively trying to find ways to make their belongings safer. According to travel and suitcase experts, investing in the best zipperless suitcase is the only way to truly have peace of mind and the only real way to keep your belongings safe.Experts say luggage without zippers can help deter and…
South African banks have some of the highest operating costs in the world relative to revenues, a problem that has steadily worsened over the past decade, according to World Bank data.Source: Provided. His Kwaku Debra, an expert at Partners in Performance, says:Despite performing well in difficult economic conditions, South Africa's banking sector is less profitable than more than half of its global peers and ranks 35th out of 133 countries for having the highest operating costs. The estimated cost-to-return ratio is between 54%. and 61%.“Traditional cost-cutting and short-term approaches don’t work, but banks and financial services companies can improve substandard…
Kiambu County Speaker Charles Thiong'o said the recognition was a great achievement considering his council is the second largest in the country.In an exclusive interview with TUKO.co.ke, Thiong'o listed some of the county bills he has overseen and is proud of.These include the District Fund Bill (Revenue Allocation Bill 2023), which guarantees each of the 60 districts a minimum amount of Ksh10 million for development.Two days ago, Kiambu County Chairman Charles Thiong'o was named the best County Council Chairman in the Central Kenya region by Kenya Poll rankings.Kiambu County Chairman Charles Thiong'o received the award. Photo: Charles Thiong'o.Source: FacebookMr Thiong'o…
Fred Odumo, a member of the Orange Democratic Movement (ODM) party, says the party will survive even if its leader, Raila Odinga, becomes chairperson of the African Union Commission in Addis Ababa.Mr. Odumo called those who are celebrating that ODM will disappear as soon as Mr. Raila becomes AU chairperson peddlers of lies.The lawyer said the party has a system in place to guide the party if Raila leaves the party to serve in another field.”Mr Raila has the same right to seek the position as any other candidate and the ODM party will not hold him back for fear…
Kenyans are intrigued by the late athlete Kelvin Kiptum's quick and innovative construction of durable homes, and his technology is gaining traction. Kenyans on social media were captivated by the quick and innovative construction of late marathon world record holder Kelvin Kiptum's family home in Elgeyo Marakwet County. This ground-breaking project, overseen by Housing Secretary Charles Hinga, was completed in record time and demonstrated the potential of light gauge steel (LGS) technology to revolutionize building practice. Asenat Rotich tearfully paid his respects at his funeral and revealed his plans for a wedding in April that was not possible. President William…
A community housing consultation event will be held in North Perth next week.This event is hosted and facilitated by the City of Stratford Department of Social Services. Alex Burgess, manager of Ontario Works Social Services in Stratford, said the event was a public forum on housing and homelessness in the region, and he spoke with first-hand people who have struggled with homelessness or obtained housing. He said he also plans to listen to the opinions of people with experience.“Specifically the experience with housing and homelessness: what is the housing market like when it comes to acquiring housing, what are the…
The circular economy offers opportunities for rapid and sustainable development. (Photo: vneconomy.vn) Although the concept of circular economy is still relatively new in Vietnam, it is rapidly gaining strength as a trend and is critical for the country to innovate a sustainable growth paradigm and achieve net-zero emissions by 2050. It is also seen as a means of The transition to a circular economy offers important opportunities for sustainable development, aiming not only to achieve economic and social goals, but also to meet the challenges of climate change. However, this process faces many difficulties and challenges, especially when changes in…
Will vacant offices cause the next banking crisis? Hundreds of banks face bankruptcy if loan default rates soar as $929 billion commercial real estate 'debt bomb' expires this year
Approximately $929 billion in commercial real estate loans mature in 2024Approximately 14% of all CRE loans and 44% of office loans appear to be underwater.Recent research warns of widespread bank failure risks if default rates soar to 10% Experts have warned that a sharp rise in commercial mortgage default rates could depress the U.S. commercial real estate market and trigger a new banking crisis. Approximately $929 billion of outstanding commercial mortgages held by lenders and investors will mature in 2024, or 20% of the $4.7 trillion in total debt, according to recent data from the Mortgage Bankers Association. corresponds toMeanwhile,…
Former Pakistani Prime Minister Sharif says he will seek to form a coalition government after his jailed rival Khan
LAHORE, Pakistan – Former Pakistani Prime Minister Nawaz Sharif on Friday made a change in policy after parliamentary election results showed his party trailing behind an independent candidate backed by his jailed rival Imran Khan. He said he would aim to make a change and form a coalition government.Sharif told his supporters that he would send his brother, former prime minister Shehbaz Sharif, to meet with leaders of other parties and urge them to join the coalition.Mr Sharif spoke after results showed a candidate supported by Mr Khan, also a former prime minister, was leading in the election, but Mr…