VV Norways Biggest Spenders over the Last Year

first_imgCompared to a few years ago, Norway 2019 is a very different place as many of the nation’s shipping and offshore industries achieved sustained growth through some of the most turbulent times ever faced.Since the last Nor-Shipping in 2017, the number of Norwegian companies owning vessels has increased from 205 to 238. The Norwegian owned fleet has grown by 119 vessels, standing at 2,055 ships, and in turn the gross tonnage of the fleet has increased to 47.74 million GT, according to data provided by VesselsValue.These new vessels have boosted the total fleet value of the Norwegian owned fleet by USD 3.5 billion, bringing their total fleet value to USD 44 billion, ranking fifth most valuable in the world.VesselsValue mentioned Borr Drilling, Solstad and 2020 Bulkers as some of the most notable Norwegian companies.Borr Drilling, the brainchild of John Fredriksen’s former right hand man, Tor Olav Troim, has rocked the market since emerging in late 2016. As of today, Borr has 36 high specification jack-up rigs, as its fleet value stands at USD 3.5 billion.The offshore market conditions over the last few years have taken their toll on Norwegian supply boat owners, and none more so than OSV giant Solstad. In January 2019, Finanstilsynet required Solstad to revalue its entire fleet; in doing so, the total value was reduced by NOK 850 million (USD 99 million).“Solstad has long maintained its fleet valuation figures, so this reduction shows not only Solstad’s acceptance of the continued poor market conditions, but also the resultant asset prices which is a major step forward,” VesselsValue said.And last, but not the least, 2020 Bulkers. Another Troim owned company, 2020 Bulkers has ordered eight newbuild Capesize bulkers at New Times Shipbuilding since late 2017, totalling around USD 350 million. The VV value of these vessels surged to USD 453 million today.However, the money keeps coming in for Tor Olav Troim. In January, 2020 Bulkers confirmed it had secured a long term bank loan running to USD 240 million for its Newcastlemax newbuilding programme. As of this month, 2020 Bulkers has made the move to become listed on the Oslo stock exchange. This move will also be used to fund its newbuild orders to New Times Shipbuilding, showing its continued growth strategy plans for 2019 and beyond, VesselsValue explained.Image Courtesy: VesselsValuelast_img read more

CEO of Providenciales Airport presented with Commando Dagger

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, October 3, 2017 – Providenciales – John Smith, the CEO of Providenciales International Airport, was awarded a ceremonial Commando knife by the grateful UK troops who have been using PLS for the past weeks.On Monday, at an evening ceremony held in front of one of the British military’s helicopters currently at PLS, Governor Freeman thanked Wing Commander Phil Wadlow for the work he and his men had done moving people, stores and supplies around the Turks & Caicos Islands.  Wg. Cmdr. Wadlow in turn thanked Mr. Smith for his generous assistance, and the vital use of the airport given to the British forces.“It was an honour to come out here and be able to help.   We would not have been able to get anything done without the very generous use of the airport and facilities here, which have been absolutely fantastic”, said Wg Cmdr. WadlowHe was followed in thanking Mr. Smith by Lieutenant Colonel Tom Salberg, who has been based at the airport during the post-hurricane relief effort.   Lt. Col. Salberg took the opportunity to present Mr. Smith with a ceremonial Commando dagger, an emblem of 3 Commando Brigade, of which Lt. Col. Salberg’s men are part.“It’s been a privilege to work side by side with the TCI people to help the relief effort after the recent hurricanes.    The airport has been a vital location for us and we wanted to say our thanks before my team leaves TCI, and is replaced by a smaller team of specialists who can help with longer term recovery”, said Lt. Col. Salberg.“This dagger is a small, and sharp, symbol of our thanks”, he added.Press Release: TCIGPhoto captions:Header photo: Lt. Col. Salberg presents Mr Smith with his new dagger1st insert: The group at the evening ceremony2nd insert: The British military helps deliver supplies across TCI after hurricanes Irma and Maria. Related Items:last_img read more

Renault wants to merge with Nissan then pursue FCA report says

first_img 26 Photos 2019 Honda Ridgeline: The commuter’s pickup truck 2019 Dodge Challenger Hellcat Redeye: Classic looks, gobs of power More From Roadshow 2017 Chrysler Pacifica Hybrid: First hybrid minivan wins on fuel economy Jeep CherokeeKeeping its top-of-the-list placement, the Jeep Cherokee is 2019’s most American-made car. Refreshed for 2019, the compact crossover now features more tech, better cargo space and a slightly tweaked look. It’s available in no fewer the nine trims, including the off-road specific Trailhawk and a fancy-pants Trailhawk Elite.For 2019, the Cherokee gets a new 2.0-liter, turbocharged, four-cylinder engine with 270 horsepower and 295 pound-feet of torque, though naturally aspirated I4 and V6 choices are also available. Regardless of engine, a nine-speed automatic transmission gets the power to the pavement — or dirt as the case may be. The Cherokee is made in Belvidere, Illinois. General Motors Chevrolet Honda Jeep Acura Share your voice 3 2019 Chevrolet Colorado ZR2 Bison: A tougher off-roader Tags Car Industry Honda PilotDropping down to seventh place for 2019 is the Honda Pilot. Like its two-row Passport sibling, the three-row Pilot offers parent-focused technology like Cabin Talk as well as myriad standard driver-assistance features through the Honda Sensing tech suite. Honda’s largest crossover offers up nearly 84 cubic feet of cargo space. Honda’s 3.5-liter V6 engine shows up again, making a serviceable 280 horsepower and 262 pound-feet of torque. Touring and Elite trims get a nine-speed automatic transmission while lower trims have to make do with a six-speed auto. The Honda Pilot is made in Lincoln, Alabama. Honda PassportThe Honda Passport is a new (well, reborn) entry to both the Honda lineup and the American Made Index. This midsize crossover comes to the fray with great driving dynamics and plenty of tech like the standard Honda Sensing suite of active safety features. An available 8-inch touchscreen gets Apple CarPlay and Android Auto as well as a Wi-Fi hotspot.Under the hood is the stalwart 3.5-liter V6 producing 280 horsepower and 262 pound-feet of torque. However unlike the Ridgeline, the Passport sends that power through a nine-speed automatic transmission. Having said that, just like the Ridgeline, this is the only powertrain available. The Honda Passport is built in Lincoln, Alabama. Honda OdysseyThe feature-rich Honda Odyssey minivan also retains its number-two slot from last year’s list. While the 2019 model doesn’t see any changes from last, it’s still a darn good choice for families on the go with reconfigurable seats, Wi-Fi and an excellent rear-seat entertainment system. The Cabin Watch video system lets parents keep an eye on their little darlings without turning around in their seats, while Cabin Talk amplifies their voice so no yelling is required.The Odyssey is powered by a 3.5-liter V6 rated for 280 horsepower and 262 pound-feet of torque. Most trims get a nine-speed automatic but the top Touring and Elite trims now use a 10-speed automatic with stop-start technology. The Honda Odyssey is made in Lincoln, Alabama. Car Industry 2019 Honda Odyssey offers plenty of room and features for families 2019 GMC Canyon: A fancier Colorado 2019 Acura MDX adds new features and an A-Spec model 2019 GMC Sierra Denali review: So close to greatness 49 Photos Honda RidgelineAgain keeping the status quo, the Honda Ridgeline maintains third place on the American Made Index. This crossover-that-looks-like-a-truck provides a better ride than a traditional pickup and gets an awesome lockable trunk right in the floor of the bed. And it doesn’t do the truck stuff too badly, either, as it’s able to carry 1,860 pounds of payload and tow 3,500 pounds.The Ridgeline is powered by a 3.5-liter V6 good for 280 horsepower and 262 pound-feet of torque. That is channeled through a six-speed automatic transmission with available all-wheel drive. It’s built in Lincoln, Alabama. 46 Photos 2019 Honda Ridgeline review: Light duty, heavy punch 81 Photos 2019 Chevrolet Corvette Grand Sport loves to hustle GMC CanyonIf you’re looking for a slightly fancier version of the Colorado that’s more focused on luxe than dirt, check out the GMC Canyon. The top Denali trim gets standard heated and ventilated front seats as well as a heated steering wheel. Maximum payload capability is 1,665 pounds while max towing is a fairly healthy 7,600 pounds.The Canyon is available with the same 2.5-liter four-cylinder engine, 3.6-liter V6 or 2.8-liter diesel as the Chevrolet Colorado. It’s also built in Wentzville, Missouri. Enlarge ImageRenault, which introduced the new Clio at this year’s Geneva Motor Show, is apparently hungry for mergers. Renault Not content with only an alliance, French automaker Renault wants to pursue a full merger with Nissan, the Financial Times reports. After that’s completed, Renault then reportedly wants to go on and seek a merger with Fiat Chrysler Automobiles.The FT says that Renault wants to begin merger talks with Nissan within 12 months’ time, and after that the company would start looking to merge with another automaker. FCA is on the list of “the preferred targets” for that merger.The FT also reported this week that FCA chairman John Elkann has recently discussed merger possibilities with Peugeot, as well as “with Korean and Chinese automakers.” Despite that, no deals are apparently imminent. Still, with Renault’s pursuit of FCA some way off, it’s not impossible that FCA will find a suitor before Renault has finished its merger tie-ups with Nissan.Renault didn’t immediately respond to a request for comment. A Nissan spokesman in the US declined to comment.Late FCA CEO Sergio Marchionne was known to be interested in pursuing mergers in his final years at the company’s helm. His replacement, current FCA CEO Mike Manley, also has publicly stated his interest in tie-ups with other automakers. He told Automotive News earlier this month that, “I want to find areas where cooperation — whether it is partnerships, whether it’s joint ventures or whether it is deeper levels of equity cooperation that makes sense for us.”There’s some interesting historical context for a Renault and FCA deal. In the 1980s, Renault briefly took a stake in American Motors Corporation, which also then manufactured Jeep, before AMC was sold to Chrysler. 2019 Honda Pilot Elite: A smoother, tech-rich crossover SUV 10 Photos Fiat Chrysler Automobiles Renault Nissan,Enlarge ImageIt’s all in a day’s work for the Jeep Cherokee, the most American-made car in 2019. Jeep With high trade tensions looming and increasing talk of tariffs, more and more consumers are looking to buy American. Cars.com has released its annual American Made Index, showcasing companies that use the most American-sourced parts and labor in their vehicles. The results may surprise you.Cars.com analyzed more than 100 US-built vehicles for five key data points: manufacturing location, parts sourcing, US employment, engine sourcing and transmission sourcing. You might think something like the Ford F-150 would top the list, but it drops from its No. 5 spot for 2018 and out of the top 10 completely. Even the first-place holder, the Jeep Cherokee, is a pretty global product. It’s a Jeep, sure, but that brand is part of Fiat Chrysler Automobiles, an Italian-owned business.Cars.com surveyed 1,000 people and found that half are concerned about automotive import tariffs, with 41% saying they are unsure if tariffs would make them more likely to buy American. Either way, we’re big fans of all the vehicles on this list. These days, buying American doesn’t necessarily mean sticking with a US-based automaker. 68 Photos 71 Photos 2019 Acura RDX A-Spec: Sharp handling, sharper looks 2019 Chevy Colorado ZR2 Bison: An off-road animal Chevrolet ColoradoMaking its debut in the top 10 is the Chevrolet Colorado. Shown here in the tough ZR2 Bison off-road spec, the Chevy Colorado is an excellent truck and one of the two midsize pickups you can get with a diesel engine. Adding to the ZR2’s two-inch lift and front and rear locking differentials, the Bison gets beefier skid plates (trust me, that’s a good thing), steel bumpers and integrated recovery points. Heck, you can even get a snorkel.Base models get a 2.5-liter four-cylinder engine with a six-speed manual transmission, but a more popular choice is the 3.6-liter V6 gas engine with 308 horsepower and 275 pound-feet of torque, mated to an eight-speed automatic transmission. Meanwhile, the 2.8-liter diesel pumps out 186 horsepower and a delicious 369 pound-feet of twist and is mated to a six-speed automatic. The Chevy Colorado is built in Wentzville, Missouri. Acura RDXThe third-generation Acura RDX squeaks into the top ten list with larger proportions, plenty of interior space and better handling than its predecessor. Forward collision warning with collision mitigation braking, adaptive cruise control that works even in low-speed traffic, lane-keeping steering assist and road departure mitigation are all standard across the board. Like its MDX counterpart, the RDX is available with the A-Spec styling package.The RDX sports a 2.0-liter, turbocharged, four-cylinder engine. Output is stated at 273 horsepower and 280 pound-feet of torque, and it’s mated to a 10-speed automatic transmission. The new RDX is built in East Liberty, Ohio. Chevrolet CorvetteMoving up from the 10th-place slot last year is the 2019 Chevrolet Corvette. While we’ve all been ogling the new mid-engine Corvette, it’s easy to forget what a performance bargain the current-generation ‘Vette is. From the base trim to the Grand Sport to the bonkers ZR1, the Corvette is an American icon.My preference is for the Grand Sport, which strikes a perfect balance between everyday drivability and canyon-carving performance. The 6.2-liter V8 puts out 460 horsepower and 465 pound-feet of torque. You can get it with a seven-speed manual or eight-speed automatic transmission, but the kicker is the borrowed chassis and aero parts from the beefier Z06. Like I said, perfect balance. The Corvette is made in Bowling Green, Kentucky. 2019 Maserati Levante GTS: Heart of gold Share your voice 69 Photos More From Roadshow Acura MDXMoving up one slot to sixth place on the American Made Index is the non-hybrid variant of the Acura MDX. With its SH-AWD system, the MDX is one of the better handling midsize luxury crossovers, and for 2019 the company gives us the A-Spec treatment with a new front fascia and side skirts, 20-inch wheels, wider exhaust tips, unique gauges, a new steering wheel, carbon fiber trim and various Alcantara interior touches.However, both the standard and A-Spec models get a 3.5-liter V6 engine, rated for 290 horsepower and 267 pound-feet of torque going through a nine-speed automatic transmission. The Acura MDX is made in East Liberty, Ohio.  Tags Comments Comments 2019 Jeep Cherokee can handle the rough stuff 2016 Mercedes-Maybach S600 review: Let it semi-autonomously chauffeur your chauffeur 52 Photos 12 Photos 2019 Honda Passport: A well-rounded midsize offering 3 18 Photoslast_img read more

Facebook bans 12 dangerous British farright groups and individuals

first_imgSome far-right groups in the UK are now outlawed on Facebook. Photofusion/Ian Francis/UIG via Getty Images Facebook banned a handful of prominent British far-right groups on Thursday, as part of the implementation of its “dangerous organizations and individuals” policy.In total 12 people and groups were outlawed by the social network, including the British National Party (BNP) and its president Nick Griffin, Britain First, the English Defence League, Knights Templar International and the National Front. Co-founder of the English Defence League Tommy Robinson is already banned under the same policy.”Individuals and organizations who spread hate, or attack or call for the exclusion of others on the basis of who they are, have no place on Facebook,” said a spokeswoman for the company in a statement. “Our work against organised hate is ongoing and we will continue to review individuals, organizations, pages, groups and content against our Community Standards.”The ban applies not only to the individuals and groups, but to posts and other content that express praise or support for them.Its introduction follows criticisms made as part of a Channel 4 documentary last year that said Facebook wasn’t doing enough to stem the flow of far-right hate on the platform. Facebook, Instagram, Twitter and YouTube have all come under pressure in the UK, the US and elsewhere to prevent the spread of hate speech. But they’ve had to simultaneously work out how to balance banning groups and individuals with free speech concerns. Internet Services Share your voice Comments 3 Tags Facebooklast_img read more

Eva Mendes has the epic clap back to Ryan Gosling split reports

first_imgRyan and Eva are famous for avoiding the spotlight as much as possible. However, the Canadian actor has vocally appreciated Eva’s dedication to their children. He paid tribute to her as he collected his Golden Globe award 2017 for the Best Actor – Motion Picture Musical or Comedy prize for his performance in La La Land.He said: “I just would like to try and thank one person properly, and say that while I was singing and dancing and playing piano and having one the best experiences I’ve ever had on a film, my lady was raising our daughter, pregnant with our second and trying to help her brother fight his battle with cancer.”He continued: “If she hadn’t taken all that on so that I could have this experience, it would surely be someone else up here other than me today. Sweetheart, thank you.” Ryan Gosling and Eva Mendes have been together since 2011Getty ImagesEva Mendes has finally assured that all is well between her and Ryan Gosling. The 45-year-old actress revealed she would love to work with the Notebook star if given a chance.Extra recently asked Eva who she would sign on to work with, in a heartbeat. She replied instantly: “Ryan Gosling…yes absolutely.”She added: “I’m excited to go back to work, it’s just not, like, I’m dying to do a movie again, so it has to be something really special.”The started dating in 2011 after getting close on the set of their film The Place Beyond The Pines. They are parents to Esmeralda Gosling and Amada Gosling.Adding on. Eva also shared that she is a little sterner than Ryan with their children. “I think I am. There’s that term ‘helicopter parent,’ but aren’t you supposed to be a helicopter parent?… I’m strict about what they eat, and what they wear, and what time they go to bed,” she said.”And what they watch,” she added, laughing. “So, yeah.”last_img read more

19 firearms seized at Dhaka airport

first_imgCIID seizes 19 illegally imported firearms at Hazrat Shahjalal International Airport on Tuesday. Photo: Collected Officials of Customs Intelligence and Investigation Directorate (CIID) at Hazrat Shahjalal International Airport seized 19 illegally imported firearms from the Air Cargo unit of the airport on Tuesday.Earlier on Sunday, the CIID team seized two contraband Walther PP pistols from the same area of the airport.Tipped off, the CIID officials carried out a search operation inside the Strongroom-1 of the Air Cargo unit on Sunday last and identified the two illegally imported firearms (two Walther PP pistols) in an imported arms consignment containing total 58 firearms.The CIID team again examined the remaining 56 firearms on Tuesday and identified 19 of them as illegally imported, said director general of CIID Moinul Khan.The seized 21 firearms were brought illegally from Italy along with 37 other firearms.Members of different intelligence agencies and firearms experts were present while examining the imported firearms, Moinul Khan said.Among the total seized firearms, 16 are Walther PP pistols while five are HK-4 brand pistols.last_img read more

Catholic bishops stop short of mandating lay involvement in abuse investigations

first_img Facebook Twitter Pinterest LinkedIn ReddIt Email,About the authorView All Posts As Amazon burns, Vatican prepares for summit on region’s faith and sustainabilit … August 30, 2019 Share This! News By: Jack Jenkins jackmjenkins Photos of the Week August 30, 2019 By: Jack Jenkins jackmjenkins Instagram apostasy stirs controversy over Christian ‘influencers’ August 30, 2019 Jack Jenkins Jack Jenkins is a national reporter for RNS based in Washington, covering U.S. Catholics and the intersection of religion and politics.,Add Comment Click here to post a comment Share This! Share This! Cancel replyYou must be logged in to post a comment.,Ethiopia tour for gay, lesbian travelers in jeopardy amid backlash from faith groups TagsBaltimore clergy sex abuse scandal homepage featured Pope Francis Roman Catholic bishops Top Story U.S. Conference of Catholic Bishops USCCB,You may also likecenter_img Catholicism Facebook Twitter Pinterest LinkedIn ReddIt Email News • Photos of the Week By: Jack Jenkins jackmjenkins Facebook Twitter Pinterest LinkedIn ReddIt Email,BALTIMORE (RNS) — The U.S. Conference of Catholic Bishops has passed a slate of long-awaited measures designed to combat sex abuse and hold church leadership accountable for mishandling cases, including creating a national hotline operated by an outside group for reporting incidents of abuse or their cover-up.“I’m confident that the idea of doing (investigations) in-house is long gone,” said a cautiously upbeat Cardinal Joseph Tobin of New Jersey after the reforms passed Thursday morning (June 13) — informed by a recent papal document — at the bishops’ spring meeting.But the bishops stopped short of handing power to lay Catholics or abuse survivors in those investigations, sparking a debate that revolves around whether doing so would overstep guidelines outlined in a document issued by Pope Francis after a Vatican summit on abuse in February.Chicago Cardinal Blase Cupich and other clerics were able to insert language into the resolutions stating that metropolitan bishops — who would oversee the investigations of fellow bishops — “should” rely on qualified lay persons. The inclusion of lay people is also among a moral “commitment” the bishops adopted Thursday morning on how to deal with sexual misconduct.But the language fell short of requiring bishops to take lay input, an important distinction that left victims advocates saying stronger measures are needed.Other clerics, such as Bishop William Shawn McKnight of Jefferson City, Mo., made clear that they support lay involvement regardless.“I believe it should be mandatory that we involve laity in the investigation of any case of sexual abuse by a bishop — or corruption, cover-up, involving the same,” McKnight said during the second day of voting. “I believe we should do that because that is the Catholic thing to do.”He added: “Lay involvement should be mandatory to make darn sure that we bishops do not harm the church in the way bishops have harmed the church — especially what we have become aware of this past year.”McKnight pointed to a section of “Lumen gentium,” one of the main documents of the 1964 Second Vatican Council, which, McKnight said, outlines the “obligation of the laity to be involved in the most important matters facing the church.”“Who can deny this is not the most important matter now of our generation?” he said.When Tobin was asked about McKnight’s comments at a news conference later in the day, he argued the new resolutions established a system that de facto requires lay involvement, and he said a gathering of metropolitan bishops, meeting on Wednesday, all agreed they could not now conduct an investigation without qualified lay people.“The possibility of doing that without qualified lay people, I would say is next to impossible — it is impossible,” Tobin said.Robert Deeley, left, bishop of the Diocese of Portland, Maine, accompanied by Cardinal Daniel DiNardo, president of the U.S. Conference of Catholic Bishops, speaks during a news conference June 11, 2019, at the USCCB’s spring meetings in Baltimore. (AP Photo/Jose Luis Magana)Bishop Robert Deeley of Portland, Maine, also insisted that lay involvement was already effectively baked into the process, saying, “I think that it’s already done.”But the resolutions are a far cry from proposals considered when the bishops last met in November, such as the suggestion of creating an independent nonprofit to oversee abuse cases — an idea shot down by Vatican officials who said it superseded the authority of the pope.The new reforms also did not impress advocates such as Becky Ianni, an abuse survivor and leader of the Washington, D.C., and Virginia chapters of the Survivors Network of those Abused by Priests.Saying this week’s measures “aren’t going to change anything,” Ianni argued that the systems created by the bishops are simply “setting up new policies where (the church) is going to investigate itself.”Encouraging metropolitan bishops to appoint lay people to help with investigations, she added, is not the same as an independent process.“Anytime they can handpick the lay person, then that’s not independence,” she said. “We would really like them to contact their local attorney general and get three to four suggestions for experts.”In the meantime, she said, SNAP will continue to rely on civil authorities rather than the church to take action.“We have 20 attorneys general that are doing investigations (into Catholic sex abuse). We’re going to put our emphasis on getting the other 30 states to do the same.”Kim Smolik, CEO of Leadership Roundtable, a group consisting mostly of influential Catholic laity devoted to promoting better management in the church, said in a news release that she hopes the provisions are just the beginning of a lengthy process of reform.“A new culture of leadership is necessary if we are to truly address the crises,” Smolik’s statement said. “It starts by acknowledging the leadership failures, looking at the root causes, providing new formation in seminaries and other educational institutions, setting up governance structures with checks, balances, etc.” Facebook Twitter Pinterest LinkedIn ReddIt Email Facebook Twitter Pinterest LinkedIn ReddIt Email Share This! Closing of American Hebrew Academy marks end of Jewish boarding school experiment Share This! Jack Jenkins jackmjenkinslast_img read more

Busier Atlantic Hurricane Season Predicted

first_img Share NASAHurricane Isabel taken from the International Space StationU.S. government forecasters expect a near-normal Atlantic hurricane season, after three relatively slow years. But they also say climate conditions that influence storm development are making it difficult to predict how many hurricanes and tropical storms will arise over the next six months.The National Oceanic and Atmospheric Administration’s season outlook calls for 10 to 16 named storms, with four to eight hurricanes and one to four “major” ones with winds reaching 111 mph and up.The Atlantic hurricane season officially starts June 1.The National Hurricane Center says an area of low pressure between Bermuda and the Bahamas has a high chance of brewing into something bigger Friday or Saturday. NOAA officials warned communities in Georgia and the Carolinas to monitor that disturbance.last_img read more

Make Your Christmas Tree Last Past Holidays… Like Houston

first_imgCity of Houston leaders say mulching the tree is an appropriate way to end the holidays.Since 1991, 23 million pounds of trees have been recycled in Houston.“There is one more gift that we can make to our community which is save valuable landfill, air space,  mulch this material, bring it back into the cities, so that we can grow flowers and gardens and keep the city as beautiful as it has been,” Harry Hayes, director of Houston’s Solid Waste Management Department.The mulch is given to the company Living Earth Houston to be sold and some proceeds go to help fund the city’s recycling program.If you want to recycle your Christmas tree there are 24 locations across Houston. – / 5 X Listen center_img To embed this piece of audio in your site, please use this code: Share 00:00 /00:54last_img read more

GOP Health Care Bill Could Leave 24M More Without Coverage By 2026

first_imgJ. Scott Applewhite/APHouse Speaker Paul Ryan uses charts and graphs to make his case for the GOP’s plan to repeal and replace the Affordable Care Act on March 9, 2017.The Congressional Budget Office has released a report on the potential impact of the House GOP health care bill. It estimates that the bill would reduce the federal deficit by $337 billion between 2017 and 2026. It also estimates that compared with current law, 14 million more people would be uninsured by 2018, and 24 million more would be uninsured by 2026.Just over 28 million Americans were uninsured in the first half of 2016, according to the latest data from the Census Bureau. The CBO estimates that in 2026, there would likewise be 28 million uninsured Americans if the current healthcare laws remained in place. However, 52 million would be uninsured under the Republican repeal and replace plan thus far, also known as the American Health Care Act.Much of the initial spike in uninsured Americans would come from repealing the individual mandate.“Some of those people would choose not to have insurance because they chose to be covered by insurance under current law only to avoid paying the penalties, and some people would forgo insurance in response to higher premiums,” the CBO wrote.But overall, a big chunk of that increase in the uninsured comes from Medicaid, as the Republican bill rolls back the Affordable Care Act’s Medicaid expansion. In 2026, 14 million fewer people would be enrolled in Medicaid under the GOP healthcare bill, accounting for half the total increase in uninsured.In addition, CBO estimates that the Republican bill would reduce the number of employers offering health insurance, in part because the AHCA repeals the employer mandate to provide insurance. In addition, the CBO notes that the GOP plan’s tax credits (only available to people who aren’t offered insurance at their jobs) would be available to more people than under Obamacare. That could inspire some people to look outside of their jobs for coverage.While the number of uninsured Americans would immediately climb, the trajectory for premiums is more complicated. In the near future, average premiums for single people buying insurance in the individual market would be up to 20 percent higher than they would be under Obamacare.However, those premiums would eventually settle below where they would be under Obamacare. By 2026, those same premiums would be 10 percent below where they would be under the Affordable Care Act.Importantly, that doesn’t mean that everyone’s premiums would fall. The GOP’s bill expands how much more insurers can charge older people than younger people. Under the AHCA, older Americans could be charged five times more than younger people, up from three times under current law.That means premiums would be “substantially” smaller for younger insurance-buyers and “substantially” bigger for older Americans, the CBO wrote.The Republicans’ new plan would reduct the deficit by just under $34 billion a year, on average, over the next 10 years. For fiscal year 2016, the total federal budget deficit was $587 billion.The AHCA is just the first part of the Republicans’ plan to repeal and replace the Affordable Care Act, also known as Obamacare. The bill, written as part of the budget reconciliation process, can only make fiscal-related changes. Part two of the GOP’s process as described by House Speaker Paul Ryan will include deregulation. Part three will include changes to the law that could not be made in the reconciliation bill.President Trump has not yet responded directly on Twitter to the CBO’s report. However, he did tweet shortly after the report’s release, drawing attention to a report that the Obama administration spent $77 million on promoting Obamacare in 2016.Copyright 2017 NPR. To see more, visit http://www.npr.org/. Sharelast_img read more