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UBS Handed Setback in $2 Billion Mortgage Buy-Back Lawsuit

2016-09-07 21:47:00| National Real Estate Investor

Bob Van Voris A UBS Group AG unit was found by a federal judge to have violated some contracts with mortgage-backed securities trusts that hold loans, putting it at risk of having to buy back more loans or pay damages in a $2 billion lawsuit. read more

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Abolition of Decc 'major setback for UK's climate change efforts'

2016-07-15 09:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The abolition of the Department of Energy and Climate Change has been condemned by former ministers as a major setback to British efforts to combat global warming. Decc was closed in a series of sweeping changes to the government unveiled by the new prime minister, Theresa May, on Thursday. Its functions, which include representing the UK at international climate talks, responsibility for meeting carbon targets and levying subsidies for green energy, have been transferred to a beefed-up business...

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Australia faces hung parliament after Malcolm Turnbull suffers stunning election setback

2016-07-03 04:43:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Malcolm Turnbull, the leader of Australia's ruling conservative coalition, faces an uncertain future after suffering a stunning setback in a general election on Saturday which could leave the country with a hung parliament. Despite pledging to provide stability, Mr Turnbull, a former Rhodes Scholar and investment banker, opted two months ago to hold on an early election - a political gamble which appears to have spectacularly backfired. With about 70 per cent of votes counted, Mr Turnbull's...

Tags: australia election faces parliament

 

COGCC Maps Show Absurdity Of Changing Existing Setback Regulations

2016-06-03 06:24:06| oilandgasonline Home Page

Colorado Petroleum Council Executive Director Tracee Bentley recently said that detailed maps released by the Colorado Oil and Gas Conservation Commission (COGCC) show that, if passed, Initiative #78 would effectively institute a statewide ban on oil and natural gas development, putting the state’s economy on a reckless path and ignoring the needs of Colorado families, economic opportunity, job creation, revenue to the government, and America’s need for energy security.

Tags: show existing maps changing

 

Soda industry continues San Francisco health warning fight after court setback

2016-05-20 15:07:10| Daily beverage news and comment - from just-drinks.com

The American Beverage Association (ABA) is to continue its fight against health warnings on soda advertisements in San Francisco after it lost a preliminary court battle.

Tags: health san industry francisco

 

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