Diocese of Iowa revises dates for bishop election and consecration

first_img Rector and Chaplain Eugene, OR The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL [Diocese of Iowa] The Rt. Rev. Alan Scarfe, bishop of the Diocese of Iowa, has informed the diocese that at the request of the Standing Committee he is revising the election of his successor because of the disruption of the COVID-19 pandemic. The election will now be held on July 31, moved from the original date of May 1. The date of the consecration has changed accordingly from Sept. 18 to Dec. 18, with Presiding Bishop Michael Curry as the chief consecrator. Scarfe has also postponed the date of his retirement to Dec. 18.The Standing Committee hopes to host the final slate of bishop candidates in person for a series of meetings across the diocese, and it is their understanding that the possibility of such a gathering and having candidates travel to Iowa from different parts of the country might not be likely within the original time frame. In their statement, the Standing Committee says, “We did not make this decision lightly. The process of episcopal elections is already a lengthy one, and we are prolonging it. But we are convinced that in the long run, the probability of allowing for the people of the diocese to meet and mingle with candidates, and indeed allowing the candidates to get an in-person view of the diocese and the state and people of Iowa, will lead to a more informed decision on all sides.” Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Bishop Elections Featured Events An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Martinsville, VA Associate Rector for Family Ministries Anchorage, AK Rector Hopkinsville, KY Canon for Family Ministry Jackson, MS Submit an Event Listing Course Director Jerusalem, Israel The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Bishop Diocesan Springfield, IL Director of Music Morristown, NJ Rector/Priest in Charge (PT) Lisbon, ME Tags Priest-in-Charge Lebanon, OH Rector Pittsburgh, PA Cathedral Dean Boise, ID Submit a Job Listing Rector Knoxville, TN Featured Jobs & Calls Youth Minister Lorton, VA Rector Smithfield, NC In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Missioner for Disaster Resilience Sacramento, CA Rector Tampa, FL Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Press Release Service Assistant/Associate Rector Washington, DC Rector Washington, DC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Bath, NC Rector Collierville, TN Priest Associate or Director of Adult Ministries Greenville, SC AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Diocese of Iowa revises dates for bishop election and consecration Associate Priest for Pastoral Care New York, NY Director of Administration & Finance Atlanta, GA Associate Rector Columbus, GA Submit a Press Release Assistant/Associate Rector Morristown, NJ Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Albany, NY Rector Shreveport, LA Curate Diocese of Nebraska Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Posted Jan 12, 2021 Family Ministry Coordinator Baton Rouge, LA Assistant/Associate Priest Scottsdale, AZ Rector (FT or PT) Indian River, MI New Berrigan Book With Episcopal Roots Cascade Books Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem last_img read more

They can’t push you over the edge unless you are standing…

first_img InspirationBy Charles TowneYou know it’s going to be a good day.You have high expectations; you anticipate low stress. Perhaps you will be able to start that project that you have been putting off until just the right moment. Yeah, a great day. You hear a police siren in the distance.It is almost a harbinger of something about to happen.You walk into the bathroom and step into water. The toilet has backed up and flooded the bathroom. You should have listened to that screaming siren and gone back to bed.So much for a stress-free day.In the little book, “PEOPLE CAN’T DRIVE YOU CRAZY IF YOU DON’T GIVE THEM THE KEYS, Mike Bechtle tells the story of a lady being impressed when she saw this man pushing a cart in a grocery store. An out of control toddler was in the seat of the shopping cart trying to pull things off the shelves. The lady overheard the man say in a calm voice, “It is alright Billy, you can handle this. No reason to get upset, stay calm.” The lady had to compliment him on his control. “I am sorry to intrude, but I just wanted to tell you how impressed I am at the way you have been talking to little Billy.” the man responded, “Oh, My son’s name is Jeremy, my name is Billy.” We can’t always stop stressful things from happening. Crazy people will always be in our lives, and they are usually about as welcome as that backed up toilet, but that is life isn’t it?God is our refuge and strength, an ever-present help in time of trouble. Psalm 46:1.Live Fully,Love OpenlyAnd make a difference, todayCharles Towne is a longtime Apopka resident, member of Insp!re Church and a published author. You have entered an incorrect email address! Please enter your email address here Share on Facebook Tweet on Twitter The Anatomy of Fear Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your comment! LEAVE A REPLY Cancel reply Please enter your name here Support conservation and fish with NEW Florida specialty license plate TAGSCharles TowneInspiration Previous article‘Smart cities’ could be next big wireless upgrade – if cities would cooperateNext articleUN and the United States should live by its resolution Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment.last_img read more

Clermont get the better of Racing Metro in the Top 14

first_imgFriday Jan 28, 2011 Clermont get the better of Racing Metro in the Top 14 Clermont went joint second with Racing Metro on the Top 14 table when they beat them 31-15 at the Stade Marcel Michelin on Wednesday evening. There were some great tries scored including a moment of magic from scrumhalf Morgan Parra.Points difference has meant that Clermont are now second on the table, with Toulouse now sitting comfortably at the top after their win over Montpellier. Clermont have only conceded ten tries this season, so Racing struggled to penetrate the line.Theres no love lost between the two sides and this game lived up to the hype as the atmosphere in the Stade Marcel Michelin reflected. Gonzalo Canale scored a great try in the first half, before Vincent Debaty and Alexandre Lapandry scored in the second.Morgan Parra, who kicked 16 points himself, produced some wonderful skill down the touchline for the Lapandry try. France are oozing talent at number nine currently, not a bad thing heading into the Six Nations.Aurelien Rougerie said the controversy that had been brewing off the field leading up to the game didnt effect his side in the least bit.“We had to come up with a big performance against Racing-Metro. We are satisfied to have won but the road is long and we have a lot more things to work on,” he said. Time: 03:07ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueey10 Types of Women You Should Never MarryNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 1 WEEK AGO WATCH: Brutal footage of the fight between Jake Ball and Alun Wyn Jones Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 22 HOURS AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 3 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 15 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. Shock result: Crusaders left to rue costly errors with win over Rebels not enough for final guarantee In a shock result, the Crusaders have failed to record the requisite winning margin needed over the Rebels to book themselves a spot in the Super Rugby Trans-Tasman final and are now reliant on the Blues dropping the ball against the Force. ‘I deliberately haven’t mentioned it too much this week’: Tim Sampson keeping mum ahead of Blues battle The Western Force aim to play the role of party poopers on Saturday when they take on the ladder-leading Blues at a venue that shall not be named. Highlanders player ratings vs Brumbies | Super Rugby Trans-Tasman The Highlanders have given themselves a decent shout at playing in the Super Rugby Trans-Tasman final. Who were the top dogs in what was effectively a semi-final showdown with the Brumbies? Hurricanes player ratings vs Reds | Super Rugby Trans-Tasman How did the Hurricanes rate in their final game of Super Rugby Trans-Tasman, their 43-14 victory over the Reds? Clermont get the better of Racing Metro in the Top 14 | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

PFRA extends mystery shopping for face-to-face

first_imgPFRA extends mystery shopping for face-to-face  36 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: face-to-face Individual giving Law / policy North West PFRA About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 23 November 2010 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Public Fundraising Regulatory Association (PFRA) has this month extended its mystery shopping exercise to Sheffield and Manchester.The two cities join London, Bristol, Oxford, Cambridge, Glasgow and Edinburgh as places in the UK where PFRA uses Mystery Shoppers Ltd to spot-check fundraisers to ensure they comply with the Institute of Fundraising code of practice.Following the appointment of Marcus Letts this month as a PFRA’s new compliance officer, the self-regulation body expects to extend coverage to other towns and cities. Letts has worked as a street fundraiser and team leader for PFRA members Gift Fundraising and Urban Leaf and has also worked as a telephone fundraiser with NTT.Nick Henry, PFRA’s head of standards, said: “We mystery shop in the south and in Scotland, but have nothing presently in the north of England. Sheffield and Manchester seemed appropriate places to start the expansion of our mystery shopping programme as we have recently begun talks with both councils about Site Management Agreements.“However, with our expanded in-house capacity, we will certainly be commencing ad hoc spot checks in towns and cities where we already have SMAs.”www.pfra.org.uklast_img read more

The Finnish workers’ revolution of 1918

first_img1917 protest rally in Helsinki.The Communist League of Finland presented the following paper to an international seminar in Mexico City March 8-10, organized by the Workers Party (PT) of Mexico, on the occasion of the 100th anniversary of the Finnish Revolution.  During the 13 years after 1905, four revolutions occurred in Finland. This was more than in any other country. Yet, just three decades before the 1918 revolution, Finnish working-class consciousness had been at such a low level (unless it was missing altogether) that the ruling classes could only have admired the “unspoiled Finnish worker.”Finland experienced the first three of the revolutions because it was part of the Russian empire and was located near St. Petersburg, then the Russian capital and the location of decisive revolutionary events. In addition, there were Russian troops and a few thousand Russian workers in Finland.The fourth of the mentioned revolutions was the actual Finnish revolution that broke out and developed in 1918.  The main reasons for it were class conflicts that were characteristically Finnish. Even then, this purely Finnish revolution that began only after Finland obtained autonomy and separated from Russia, marked — in a way — a continuation of the Russian revolutions experienced in 1917. Just as the October Revolution in Russia would have been impossible without the February Revolution, the Finnish revolution would have been impossible without the October revolution.After the events of July 1917, Lenin was forced to hide from interim government detectives.  On Aug. 22 he crossed the Finnish border disguised as a locomotive fireman to avoid passport control at the border.Lenin was aware of the mood of the workers and soldiers in Finland. Shortly before the October Revolution in Russia, he counseled the Finnish Social Democrats that organized workers must immediately take power into their hands. This shows Lenin’s view that the socialist revolution could be carried out in Finland earlier than in Russia, under the shield of Russia’s revolutionary developments. Lenin had presented the same idea in March 1917 in his “Letters from Afar.”However, the Finnish Social Democrats did not heed Lenin’s advice. First, the socialist revolution in Russia had not yet taken place, and the victory was not yet certain. The Social Democrats did not trust in that victory. In their view, the socialist revolution could win only in the highly developed Western industrial countries and not in backward Russia. Second, revolutionary tactics were foreign to the Finnish Social Democrats, so they simply were unable to apply them immediately and become the first in the world to do so.On Nov. 1, 1917, when the new parliament met in session, the Social Democratic Party leadership published a programmatic declaration, “We demand,” which set out the basic requirements of the working class.The bourgeoisie, which had a majority in the parliament, rejected these demands as indecent. A week after the publication of “We demand,” it could already be seen how revolutionary and nonrevolutionary actions diverged when the same kind of political situation prevailed.  Lenin’s tactics led to the world historic victory of the socialist revolution in Russia, but Finnish Social Democratic tactics resulted in the bourgeoisie not paying any attention to the workers’ demands, and the Social Democrats won no successes in the new parliament.General strike and the Red GuardsThe fourth trade union assembly opened in Finland on Nov. 12.  It stated that the position of working people was so desperate and intolerable that if the assembly did not make radical decisions, the workers would take action by themselves. The most urgent issue was the food crisis.  On Nov. 13, the assembly published a declaration that demanded that the parliament give to the Senate that day an order to publish the power law, the 8-hour workday law and the law giving parliament the right to control the government. If this was not done, it said, the workers would begin a general strike and the responsibility would fall on the bourgeoisie.Since the majority in the bourgeois parliament ignored the workers’ demands, a general strike began in the early hours of Nov. 14. The workers regarded the general strike as the beginning of the proletarian revolution and not merely a suspension of work. They established Red Guard brigades throughout the country. Recruitment agitation was not needed; the brigades were formed naturally when it was announced that workers could enter the Red Guards.In this situation, information was suddenly spread that the Central Revolutionary Council had decided to end the strike. That seemed incredible and terrible to the working population. After the general strike, the Social Democratic Party leadership rushed to call an extra-party assembly meeting to consider future tactics. The national congress resolution required a vote to determine the majority opinion. Forty-three delegates voted for the dictatorship of the proletariat and 59 voted against it.Finland’s independence in 1918After the October Revolution, Finland became a de facto free country, although it was still part of Russia. Leading Soviet government officials stressed that the people of Finland were granted freedom to determine their own destiny. The People’s Commissar of Nationalities, Joseph Stalin, said that the Soviet government granted the peoples belonging to Russia — including the Finnish people — the right to self-determination and that it was ready to implement it. He formulated the guiding principles of the Council of People’s Commissars as follows: “Complete freedom to organize their own lives to the Finnish people as well as to other Russian peoples! Voluntary and honest alliance of the Finnish people with the Russian people! Not any kind of guardianship, no supervision from above with respect to the Finnish people!”Revolution at midnightIn the last days before the revolution, the Social Democrats still tried to reach a compromise with the bourgeoisie to avoid civil war. Those attempts were expressed in “Worker,” the party’s main newspaper. Of course, the bourgeoisie did not intend to comply with such “childish” requests.On Jan. 26, the Workers’ Executive Committee ordered the Workers’ Guards to prepare to conquer all government agencies and strategic targets. The order said that the Workers’ Guards’ mobilization would be initiated at midnight and was to be completed within three days. The people specified in the workers’ administration’s special lists were to be arrested and transported to places where the Guards would be responsible for the safety of detainees and provide good treatment. Then, after a specific order was given to begin the revolution, the Workers’ Guards would — with the presence of people designated as commissars — take over the parliament, university, provincial governments, supreme government bodies and banks.However, the revolutionaries had already shown insufficient flexibility and determination by allowing bourgeois Senate members to hide. Three senators narrowly escaped the revolution and fled to Vaasa on the west coast in order to set up the “White” [reactionary] government. If at the revolution’s start in Helsinki, the “Reds” [revolutionaries] would have been more daring, they probably would have succeeded in arresting all members of the Senate. The imprisonment of government officials could also have ended the war quite differently.Counterrevolutionaries held four-fifths of the country’s territory. This figure may be misleading.  These areas were enormous and made up of nearly uninhabited plains on the inside of the Arctic Circle in Lapland, as well as other sparsely populated areas. Reds held the industrial part of the country and its economic and cultural centers, which were inhabited by almost half of Finland’s population.Reds act on food and land crises The revolutionary government immediately began to vigorously resolve the dire food crisis. It established urgent measures to purchase and transport grain from Russia. The Soviet government was ready to help, and grain sent from Russia soon dampened severe food shortages in revolutionary Finland. The revolutionary government did not betray the hopes of hungry people.  It organized food inventories without fear of inspecting the bourgeoisie’s houses, worked to purchase grain from abroad, allocated central food distribution cards and took care of the workers’ children.The next major issue concerned the poor peasantry. More than 100,000 small tenants were proclaimed independent of the big landowners. The revolutionary government decreed that crofters and cottagers were allowed “without payment of rent to manage and cultivate freely the pieces of land they have occupied with all the benefits that are included.”The tax system was reformed in a class-conscious manner. Taxation was made progressive.  All of the tax burden was imposed on the owners in the population, especially the wealthy.  The poorest people were fully liberated from taxes.The revolutionary government published several laws in accordance with working people’s interests. Although the Finnish working class had gained political rights for women in 1906, some obstacles prevented women from reaching the status of public officials alongside men. The revolution took a significant step in demolishing women’s de facto inequalities and expanded their democratic rights.Finland’s revolutionary leaders’ grasp of the importance of the state — over which they had a fierce battle — was reflected in the draft constitution published Feb. 23. According to the proposal, Finland was a republic in which all power belonged to the people. The highest power belonged to the unicameral parliament comprised of 200 members. The parliament would be elected by direct vote of its constituency, and the corresponding number of representatives would be chosen from the population.The people had the right to make new legislative proposals not only through their elected representatives, but also directly where a bill was signed by 10,000 voters. Parliament was obligated to deal with these bills urgently. The law could also provide for a referendum, which required support by at least one-third of Parliament’s members or at least 5 percent of voters in previous elections.The constitutional resolution was ultra-democratic, somewhat according to the Swiss model. However, according to Otto Wille Kuusinen, author of the constitution, it lacked “the most important guarantees of real democracy, such as takeover of large industrial enterprises and banks to [be possessed by] … [the] people’s state, as well as requisition of large farms and timber companies, lands and forests, etc.”An agreement between the Russian Soviet Federative Socialist Republic and Finland’s Socialist Workers Republic on the strengthening of friendship and fraternity was signed in St. Petersburg on March 1. It was the world’s first agreement between socialist countries. It rested on the basis of equality and mutual benefit, and strengthened fraternal relations between the two countries.Germany’s intervention and defeat of the revolutionP.E. Svinhufvud from the White government wrote to the German government on Feb.15:  “Foreign powers’ intervention is absolutely necessary; [probably mainly by] Germany because it is the most functional and can provide the quickest and most effective assistance, but also the Scandinavian countries, if any help from their part is expected. We therefore ask the protection of the foreign powers of life and property in southern Finland; plead for the protection from the red tyranny and against the traitors’ government of Russia.”As an imperialist state, Germany naturally took advantage of the Finnish bourgeoisie’s desperate situation. It declared that an essential condition for Finland to receive aid was to sign agreements that made Finland dependent on Germany. Whites were ready for anything. On March 7, the German and White Finnish representatives signed a peace agreement between Germany and Finland, a Commerce and Navigation Treaty and protocols for the completion of each agreement.The Reds’ victory in Finland would have meant the spread of revolutionary fire to the West, as conditions became increasingly favourable for revolution in Germany. Germany’s intervention was also directed against revolutionary Russia. Reactionary forces in Germany assumed that revolutionary Russia was a threat to the internal political and social power of the German ruling class.A German squadron left Danzig on April 1, 1918, comprised of two battleships, three cruisers, ten large ocean-going vessels, mass transport ships, minesweepers and motor torpedo boats.  Two days later, it appeared in the port of Hanko, Finland, and the German Baltic Sea division started landing. German reconnaissance was led by General Rüdiger von der Goltz, a reactionary and supporter of the politics of conquest, who later enthusiastically greeted Hitler’s rise to power.The German invasion endangered Finland’s capital, Helsinki, and other cities in southern Finland.  It took away the Reds’ ability to move additional power from south to Tampere and enabled the Whites to cut off the rail link between Helsinki and Tampere. Women played a  substantial part in the defense of Helsinki.One participant said that when the battle’s outcome seemed settled and German “liberators” [invaders] attacked the Reds from all sides and occupied the streets, armed women and young girls arrived. Women had been in the Red Guards, but at that moment they arrived in large numbers. Their arrival encouraged and inspired the Red Guard fighters.Germany’s military intervention caused the defeat of the revolution, as its forces could no longer maintain the upper hand. May Day, the celebratory workers’ day, was one of mourning for the Finnish working class. Their heroic attempt to overthrow the exploiters and take state power failed: The Finnish bourgeoisie and the German interveners jointly suppressed the Finnish revolution.White terror:  massacre of workersThe bourgeoisie of all countries, especially the Scandinavian countries, celebrated the repression of Finland’s revolution. The revolutionary fire that had started to spread to the West was  under control. The world’s reactionaries thanked imperial Germany and White Finland. Official circles in the United States welcomed these events and thanked White Finland for having “stopped the devastating spread of Bolshevism to the West.”“The war ended, and the manhunt started. The massacres were carried out daily,” said one witness from the White side. The reactionary White terror was on such a brutal scale that the number of people killed set a record — even compared to the bloody days in May 1871 when the French bourgeoisie celebrated the victory they achieved over the Paris Commune.In Finland the terror raged for months, not only in the capital, but throughout the densely populated south. Punishments were viciously cruel. People who were not even involved in military action were thrown into prison. The fact that a person belonged to the revolutionary class was sufficient justification. The bourgeoisie targeted its revenge on members of the Red Guards and their relatives.  Men, women and children were executed, mostly without trials.The prisons were so full there was no room to lie down. The prisoners were crammed together without regard to gender or age differences. No mercy was given even to pregnant women, with many forced to give birth in crowded cells without medical assistance. The prisoners, strained by filth and vermin, suffered from hunger, cold and thirst as well, even though lakes and rivers are everywhere in Finland.There were about 81,000 revolutionary participants in prisons and concentration camps at the beginning of May 1918.  Some 75,575 people were accused of high treason. From June 1, 1918, to April 1, 1919, some 11,783 prisoners died in prisons and concentration camps.The White Terror’s countless victims included tens of thousands of widows and orphaned children. Particularly shocking was the fate of those children. Their souls were indelibly marked when the reactionaries deprived them of their parents.Parliament lacked nearly half of its members, yet it ratified the agreements made with Germany. German troops occupied Finland, and General von der Goltz wielded great authority. Reactionary Finns as well as Germans wanted German troops to permanently occupy Finland. Germany kept its troops there not only to satisfy White Finland, but also because that was part of the German ruling class’s plans.Finland, which gained independence due to Russia’s October Revolution, became a vassal of Germany after the counterrevolution’s victory. German influence on Finnish affairs was shown graphically by such measures as promulgation of the monarchy and selection of a German prince to become Finland’s king. The aim was to ensure Finland’s dependence on Germany for years to come.  Influential members of the Finnish bourgeoisie helped the Germans toward this goal. They aimed to have a firm governing power that would not be dependent on Parliament.On Oct. 9, 1918, the parliament voted 64-41 to elect the king.  Prince Frederick Charles of Hesse was farcically “elected” king of Finland [but never assumed the throne].  With the assistance of imperial Germany, Finland’s reactionary bourgeoisie’s conspiracy apparently succeeded in effecting a coup d’état. Finland was supposed to be ruled by a German prince.However, Germany was defeated in World War I, and revolution broke out inside Germany. The German imperialists’ political, military and strategic calculations in carrying out the intervention in Finland failed. What the Finnish bourgeoisie could not have foreseen was that Germany’s defeat in the war saved Finland from becoming fully dependent on Germany and ruled by a German prince.The revolution had a highly significant effect on the Finnish workers’ movement. The revolution’s defeat marked the end of the old Social Democratic Party. The lessons that were learned in the revolution’s battles proved to the working class that it needed a new type of party.Leading forces of the old Social Democratic Party thoroughly analyzed and severely criticized mistakes made by the party.  In August 1918, they established a new type of revolutionary Marxist party: the Finnish Communist Party, which became the legal successor of the old Social Democratic Party, carrying on its best traditions. However, public activities by the Finnish Communist Party were then completely unthinkable, becoming possible only after Finland [a German ally] was defeated in World War II in 1944.Some key personnel:O.W. Kuusinen (1881-1964) — A leading member of the Social Democratic Party and the 1918 Red government and a founding member of the Communist party of Finland after the defeat of the revolution. A member and Secretary of the Central Committee of the Communist Party of Soviet Union and a top advisor to Stalin and Nikita Khrushchev.C.G.E. Mannerheim (1867-1951) — The head commander of the White Guards, the bourgeois counterrevolutionary army. The president of Finland (1944-46) after Risto Ryti.P.E. Svinhufvud (1861-1944) — Key member of the White exile Senate and President of Finland 1931-37.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Wells Fargo Indiana Weather Forecast 3/23/2015

first_imgThe 3rd wave hits for Thursday. This time, the low moves from Tulsa to Evansville to Wheeling. That puts the state in line to see some of the heavier rains from the system. The heaviest rains from the system on the whole hit over the southern third of IL, where we can see 1-1.5” rain totals. In Indiana, we look for .4” to 1”, with the axis of heaviest rains running from Princeton to Richmond. Coverage will be about 80% of the state, with NW Indiana likely missing action from this wave entirely. All told, if you add up all three little blips…we look for Indiana on the whole to see somewhere between half and 1.25” of rain for the week with nearly 100% coverage. That means see a nice bump in our precipitation totals for the month, although we still will be markedly below normal over a large part of the state (except the extreme south).AS cooler air comes in to finish the week, we watch for another minor wave over the second half of the weekend. This will likely produce only clouds, but can bring a few hundredths of an inch of rain as well.Next week, temps remain mostly below normal, but for now the precipitation pattern does not look quite as active. A weak system for the 1st may bring a tenth or two to the state, but most of the rest of the week is drier. Easter weekend (particularly the 4th) could be wet, as a strong front moves through. Early looks show perhaps up to three quarters of an inch of rain, and then a nice cool down behind that front. We are seeing some serious ridging over the plains around the 7th-8th…and look for that to move eastward. If it were…it may signal a move to more normal temps by the 10th of April…right about in line with what we mentioned a few weeks back (cooler than normal temps for the 3/20 to the 4/10) Here over the next couple of weeks, though, we do see some serious cool air incursions…much below normal on about 3 occasions, with below normal temps most of the rest of the time. Wells Fargo Indiana Weather Forecast 3/23/2015 By Hoosier Ag Today – Mar 23, 2015 Home News Feed Wells Fargo Indiana Weather Forecast 3/23/2015 Facebook Twitter Previous articleU.S. Biodiesel and Renewable Diesel Imports Decline 36% in 2014Next articleMorning Outlook Hoosier Ag Today SHAREcenter_img Today we see some light moisture working in from the NW across the state. This mostly will be north of I-70, but we wont rule out a bit of minor action farther south either. We are not overly enthralled with this little wave…moisture available is not that impressive. We think we are looking at a maximum of a tenth or two, and perhaps just a few hundredths. Temps will be cold enough that we can see both rain and wet snow. Snow may stick slightly over the northern third of the state. Everything should be done by mid to late afternoon. Today may be the coldest out of the next 7…but we will come close later in the week again…so don’t breathe that sigh of relief yet. The next wave comes tomorrow night into Wednesday. This system is coming up form the southwest and will have the warmer air signature of that kind of event. We look for .05” to .3” of an inch of liquid availability, which will lead to light rains. Most of the best rains will be over central and northern Indiana, but we can see coverage of at least minor rains over almost 90% of the state. The low with this wave actually passes by to the north and west of us, running from Kansas City, to Chicago to Flint. That keeps the heaviest rains north and west of us as well. SHARE Facebook Twitter Over the weekend, models got a little more aggressive with moisture this week. The next 4 days we can see 3 waves of moisture move through. Over the next 7 days we can see 4 waves. So…even though it has been very dry over the month of March so far…we can definitely see some moisture develop before the month is done. Temperatures also will be a bit finicky. Today, we are solidly in the cold air mass ushered in by the cold front Saturday night. Clouds and precipitation today mean we will not get much help from solar radiation. But, by midweek, as our next wave moves in, strong southerly wind flow will come and will take temps back above normal, only to crash again on the backside. So…it could be a very wild ride this week. Let’s break it down.last_img read more

Reporters Without Borders demands immediate release of five Palestinian journalists

first_img News Help by sharing this information IsraelMiddle East – North Africa Organisation RSF_en Reporters Without Borders calls once again on Ariel Sharon to free at once five Palestinian journalists who have been held without explanation for several weeks. These journalists have all been put in administrative detention for three months. Photo : arrest of photographer Hussam Abu Alan. Follow the news on Israel IsraelMiddle East – North Africa News May 23, 2002 – Updated on January 20, 2016 Reporters Without Borders demands immediate release of five Palestinian journalists Receive email alerts to go further WhatsApp blocks accounts of at least seven Gaza Strip journalists News RSF asks ICC prosecutor to say whether Israeli airstrikes on media in Gaza constitute war crimes News Israel now holding 13 Palestinian journalists Reporters Without Borders called today on Israeli Prime Minister Ariel Sharon to free at once five Palestinian journalists who have been held without explanation for several weeks and said their detention was “new proof of the Israeli army’s contempt for the right to inform the public.””These journalists have all been put in administrative detention for three months but despite repeated requests by the media they work for, there has been no official confirmation of this or of why they are being held. This is unacceptable,” the organisation’s secretary-general, Robert Ménard, said in a letter to him. At least 20 Palestinian journalists have been arrested since the start of the Israeli occupation of Palestinian towns and cities on 29 March.The five journalists are Maher el-Dessuki, of the Ramallah-based Al-Quds Educational TV, Kamal Ali Jbeil, of the daily Al-Quds, Hussam Abu Alan, a photographer for Agence France-Presse (AFP), Yusri el-Jamal, a Reuters sound man, and Ayman el-Kawasmi, head of a local radio station El Horriya.Sound man Jamal and Mazen Dana, a Reuters cameraman, were arrested by Israeli soldiers on 30 April outside the hospital in Hebron where they had gone to film wounded people. The soldiers took them, blindfolded and handcuffed, to a district coordination office where they were forced to lie on the floor for several hours without food or drink. They were interrogated next morning. Dana received apologies and was freed, but Jamal was held prisoner because, according to a letter to Reuters from the Israeli army, he was suspected of “aiding a terror organisation.”Also on 30 April in Hebron, Kawasmi was arrested at his home and also taken, handcuffed and blindfolded, to the district coordination office. The next day, he was taken to the Ofer detention centre, near Ramallah.  Photographer Alan (see photo) was arrested on 24 April at the Beit Anun checkpoint near Hebron. Along with Reuters cameraman Dana and other journalists, he was going to Bani Naim to cover the funeral of two Palestinians. Alan, who has worked for AFP for six years, was blindfolded and handcuffed by soldiers. He is suspected by the army of “”aiding the Tanzim terror organisation”.”He was visited by a lawyer at the Ofer detention camp on 21 May and told him about the three-month administrative detention. Like most Palestinian journalists, he has not been able to get his Israeli press card renewed since the beginning of the year. Dessuki and Jbeil were arrested by Israeli soldiers on 18 April and are being held at the Ofer centre. June 3, 2021 Find out more May 28, 2021 Find out more May 16, 2021 Find out morelast_img read more

Taxpayer gives €19.5 million to Limerick tunnel operators

first_imgRELATED ARTICLESMORE FROM AUTHOR Twitter The Limerick toll tunnel. Pic: Brian Arthur/ Press 22.The Limerick toll tunnel. Pic: Brian Arthur/ Press 22.THE State has forked out €19.5 million in payments to the operators of the Limerick tunnel under a so-called ‘traffic guarantee’ clause.The amount represents the total sum paid to DirectRoute (Limerick) since the tunnel opened in 2010; so far in 2014, the company has been paid €5.9 million of taxpayers’ money.Sign up for the weekly Limerick Post newsletter Sign Up The traffic guarantee, which allows the company to be compensated if traffic volumes are lower than projected, is set to remain in place until 2041.Limerick councillor Joe Leddin has called on newly appointed Transport Minister Pascal Donoghue to enter discussions with DirectRoute with a view to either removing the charge for HGVs (heavy goods vehicles), while also reducing the toll for other vehicles to increase traffic volumes.“We cannot continue to spend an average of €6 million annually subsidising the private operators of the tunnel without at least examining the options available that would result in a greater percentage of cars and HGVs using the tunnel. In fact the State may benefit, because the traffic guarantee scheme would cost less arising from a higher throughput of larger vehicles, albeit for free,” commented the City West councillor.The Limerick tunnel has been a particularly poor performer in terms of traffic numbers.Cllr Leddin said that the original estimate of traffic volumes in excess of 19,000 vehicles a day had not materialised, with only around 14,000 vehicles currently using the tunnel daily.When the toll was waived for HGVs for a month in November 2013, the number using the tunnel increased by 70 per cent, rising to 37,000 trucks, compared to 22,000 in November 2012.The NRA was then directed to examine ways to encourage HGVs to use the tunnel, rather than travelling through Limerick city. It is expected to meet with Minister Donohoe in September.“The pilot introduction of a no charge policy in November 2013 proved that motorists will respond if there is some incentive,” added Cllr Leddin.“Another option is that the City and County Council introduce a ban on all HGV vehicles above a certain size from entering the city, which would obviously benefit and increase the traffic volumes using the tunnel.“The current debate about the attractiveness of our city centre is not helped by increased traffic congestion, pollution and associated health and safety issues posed by large HGVs driving through on a daily basis”, the Labour Party councillor concluded. Council fails to acquire ownership of site after 20 years Advertisement WhatsApp Tributes paid to council administrator for his years of service to Limerick Email Council collects €53 million in commercial rates Linkedincenter_img Previous articlePigtown Fling celebrates Limerick diversity and fusionNext articleDash of colour for Limerick cancer survivor John Keoghhttp://www.limerickpost.ie Limerick Council social housing policy in ‘tatters’ Concerns raised over Punches Cross student development Council to look at reasons behind city business closures TAGSCllr Joe LeddinLimerick TunnelNational Roads Authority Facebook NewsBreaking newsTaxpayer gives €19.5 million to Limerick tunnel operatorsBy John Keogh – August 21, 2014 1269 Printlast_img read more

Global Edge Computing Infrastructure Market, Technology and Forecast 2020-2024 with Strategic Profiles of Leading…

first_img Facebook Twitter Twitter Facebook Pinterest Pinterest WhatsApp DUBLIN–(BUSINESS WIRE)–Feb 16, 2021– The “The Edge Computing Infrastructure Market: A Technology and Market Forecast 2020-2024” report has been added to ResearchAndMarkets.com’s offering. Edge Computing Infrastructure Revenues will reach $17.9 billion by 2025 with an additional $1 billion in optical modules and networking to support the improved transport of edge data. The goal of the Edge Computing Infrastructure Market report is to forecast where the revenues and volume shipments will be generated from edge computing over the next five years. In order to achieve this goal, we define the key products that will be sold due to the edge computing surge. The edge products that are covered in this report include but are not limited to edge gateways, edge servers, edge routers, dedicated edge networking software, edge networking hardware and components including transceivers, security software, edge networking analytics software, etc. The report also forecasts revenues for services associated with edge computing including edge computing functionality delivered as a service. Finally, the report will discuss the transceiver rates that will be necessary for the edge computing environment. In the Edge Computing Infrastructure Market report, we also (1) monetize the impact of edge computing on cloud and data center markets, and (2) discuss the impact of edge computing on the optical networking/optical module space. While the report does not provide an in-depth applications (e.g. gaming, smart cities) analysis (addressed in other future reports), it does discuss – and forecast – revenues generated by specific edge computing environments, edge clouds, 5G mobile and for Internet-of-Things. (IoT). In addition to an analysis of the hardware, software and services related to edge computing, this report also contains strategic profiles of leading vendors and startups active in the edge computing space. In these profiles, we discuss the product/market strategies employed by companies targeting the Edge Computing Infrastructure Market. This report is designed to guide business development executives, product managers, investors and others to recognize key opportunity areas in the edge computing market. This report also contains strategic profiles of leading vendors and startups active in the edge computing space. Among the companies covered are the giants of information technology, all of whom see edge computing as a major opportunity (Amazon, Cisco, Dell, Google, HPE, Huawei, Intel, Microsoft, and NVIDIA are examples here). There are also profiles of less iconic firms active in the edge computing space – firms such as Affirmed Networks, Clear Blade, EdgeConneX, FogHorn, Kontron, MobiledgeX, Mutable, Suguna, Swim.ai, and Vapor.io. Key Topics Covered: Executive Summary E.1 Edge computing: A timeline for development E.2 Edge computing environments: Data center offload, 5G and IoT E.3 Edge computing: Hardware, platforms and services E.3.1 Edge computing and “anything as a service” E.4 Analysis of investment in edge computing E.4.1 Major firms E.4.2 Venture capital E.4 Summary of edge computing market forecasts Chapter One: Introduction 1.1 Background of this report 1.2 Objectives and scope of this report 1.3 Methodology of report 1.4 Plan of this report Chapter Two: Edge Computing: Architectures, Technologies and Ecosystems 2.1 Market drivers: The emerging latency and bandwidth crisis in networking 2.1.1 How latency is the crippling videoconferencing environment and the edge computing solution 2.1.2 How edge computing answers the data overload problem in 5G and IoT 2.2 The edge computing solution 2.2.1 Data centers and local processing: Edge clouds 2.2.2 Edge computing infrastructures for 5G mobile 2.2.3 Edge computing and the Internet-of-Things (IoT) 2.2.4 Does edge computing promote the role of “anything of a service” 2.3 Impact of edge computing on data centers and cloud markets 2.4 Optical edge computing 2.5The future: An edge and cloud ecosystem 2.6 Edge computing from the semiconductor industry perspective 2.7 Key projects and initiatives (government, city-level, PPP, associations) 2.7 Key conclusions from this chapter Chapter Three: Edge Computing Products and Five-year Forecasts 3.1 Data rate requirements for edge computing 3.1.1 Five-year forecasts of edge computing ports by data rates 3.2 Servers 3.2.1 Specialized edge servers 3.2.2 Role of white box servers in edge computing 3.2.3 Five-year forecast of servers for edge computing 3.3 Edge routers 3.3.1 Five-year forecast of edge routers 3.4 Edge computing software 3.4.1 Edge gateways 3.4.2 Platform/networking software 3.4.3 Analytic software 3.4.4 Security software 3.5 Sensors for edge computing 3.5.1 Five-year forecast for edge specific sensors 3.6 Edge computing services 3.6.1 Edge computing and anything as a service 3.6.2 Five-year forecast of edge computing services 3.7 Break out of the market by edge cloud/5G/IoT: Five year forecast 3.8 Network Edge/Multi-access edge computing (MEC) and standards 3.9 Key conclusions from this chapter Chapter Four Edge Computing Market by Region/Country 4.1 Infrastructure and developments in North America 4.2 Infrastructure and Developments in the EU and the UK 4.3 Infrastructure and Developments in China 4.4 Infrastructure in Japan and the rest of Asia 4.5 Other edge computing markets of note 4.6 Five year forecast of edge computing markets by country/region 4.7 Break out of the market by edge cloud/5G/IoT: Five year forecast Chapter Five: Vendor Profiles 5.1 Affirmed Networks 5.2 AWS 5.3 Cisco 5.4 ClearBlade 5.5 Dell EMC 5.6 EdgeConneX 5.7 Ericsson 5.8 FogHorn 5.9 Google 5.10 Hangar 5.11 HPE 5.12 Huawei 5.12 Intel 5.13 Kontron 5.14 Microsoft Azure 5.15 MobileEdgeX 5.16 Mutable 5.17 NVIDIA 5.18 Saguna 5.19 Swim.ai For more information about this report visit https://www.researchandmarkets.com/r/pcfk50 View source version on businesswire.com:https://www.businesswire.com/news/home/20210216005909/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS HARDWARE SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 02/16/2021 11:04 AM/DISC: 02/16/2021 11:04 AM http://www.businesswire.com/news/home/20210216005909/encenter_img Global Edge Computing Infrastructure Market, Technology and Forecast 2020-2024 with Strategic Profiles of Leading Vendors – Amazon, Cisco, Dell, Google, HPE, Huawei, Intel, Microsoft, and NVIDIA – ResearchAndMarkets.com Previous articleWinning numbers drawn in ‘Two Step’ gameNext articleBringCom Completes Pan-African Fiber Ring Network Digital AIM Web Support Local NewsBusiness By Digital AIM Web Support – February 16, 2021 TAGS  WhatsApplast_img read more

Growth in Loans Drive BofA Revenue

first_imgHome / Daily Dose / Growth in Loans Drive BofA Revenue October 15, 2018 4,306 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The net income at Bank of America rose 32 percent to $7.2 billion, driven by continuing strong operating leverage and asset quality, as well as benefit from tax reform, the bank said while announcing its earnings for the third quarter of 2018 on Monday. Its net revenue increased 4 percent to $22.8 billion, while its net interest income increased by $709 million to $11.9 billion on the back of higher interest rates as well as loan and deposit growth.Bank of America, which reports its residential mortgage loan growth under other income reported that residential mortgage income decreased from $51 billion in the second quarter of 2018, and from $62 billion during the same period last year to $48 billion in the third quarter of 2018. Including its home equity loan that remained unchanged at $12 billion quarter-over-quarter, the bank’s total mortgage income decreased from $77 billion in the third quarter of 2017 to $60 billion last quarter.Despite this dip, its average loans and leases of $285 billion increased $16 billion or 6 percent, from the third quarter last year and were driven by growth in residential mortgage and credit cards. Of the $285 billion, the bank attributed $86 billion to residential mortgage loans.Announcing the results, Brian Moynihan, Chairman, and CEO, Bank of America said that responsible growth backed by a solid U.S. economy and healthy U.S. consumer combined to deliver the highest quarterly pre-tax earnings in the bank’s history. ” This marks the 15th consecutive quarter of positive operating leverage, driven by continued growth in deposits, client balances in wealth management, solid loan growth, and disciplined expense management,” Moynihan said.Attributing the growth in consumer banking to the bank’s digital initiatives, Moynihan said, “Our high-tech, high-touch approach continues to drive both client satisfaction and efficiencies. More than 3 million users have accessed Erica, the industry’s only AI virtual assistant, since its April rollout, and nearly a quarter of deposit transactions this quarter were performed via a mobile device.”Of those who have used the bank’s digital challenge to apply for loans, Bank of America said that 20 percent of its total consumer mortgage applications had come from digital banking.The bank said that its revenue from these sources increased $364 million during the quarter, “reflecting lower provision for representation and warranties as well as a small gain from the sale of non-core consumer real estate loans.”It indicated that a slower pace of portfolio improvement in non-core consumer real estate resulted in a decline of benefit from the provision for credit losses by $1 million to $95 million. “Non-interest expense decreased $168 million to $566 million reflecting lower non-core mortgage costs and litigation expense,” the bank said.To view, the bank’s earnings click here. About Author: Radhika Ojha Subscribe Share 1Savecenter_img Bank Bank of America Lending loans mortgage Mortgage Loan Applications real estate 2018-10-15 Radhika Ojha in Daily Dose, Featured, News, Servicing The Best Markets For Residential Property Investors 2 days ago Tagged with: Bank Bank of America Lending loans mortgage Mortgage Loan Applications real estate  Print This Post Growth in Loans Drive BofA Revenue Previous: The Week Ahead: Legal League 100 Webinar on 2018 Bankruptcy Updates Next: Metros Hit Hard by Recession Now Booming Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Related Articleslast_img read more