Kabul residents withdraw cash, flee metropolis as Taliban advances | Asia Information

Hundreds of Kabul residents rushed to banks to withdraw money from their accounts when Taliban fighters entered the city on Sunday demanding the unconditional surrender of the central government.

Afghans and foreigners also rushed to leave the city, signaling the end of a 20-year Western experiment to reshape Afghanistan.

Civilians, fearful that the Taliban might re-impose the kind of brutal rule that nearly obliterated women’s rights, hurriedly left the country and turned to ATMs to withdraw their savings.

When he came to collect his salary, Bostan Shah, a 24-year-old who was serving as a police officer in Kandahar, told the Associated Press that “the government is not solving our problems.”

Another police officer, 32-year-old Abdul Mossawer, complained about waiting in front of the bank, saying bank employees had come out repeatedly and given various reasons for the delay.

The ailing Afghan government had hoped for a transitional government, but had fewer and fewer cards to play.

The Taliban said they would soon proclaim the Islamic Emirate of Afghanistan from the presidential palace as Afghanistan’s contested president fled the country On Sunday.

Helicopters buzzed overhead to evacuate U.S. embassy staff while smoke rose near the site as staff destroyed vital documents. Several other Western missions were also preparing to withdraw their people.

In one overwhelming defeat, the Taliban took almost all of Afghanistan in just over a week, despite the fact that the US and NATO had spent billions of dollars building Afghan security forces for nearly 20 years.

Just days earlier, an American military assessment estimated it would be a month before the capital came under Taliban pressure.

Home panel advances Randolph well being heart mission cash

RANDOLPH – The U.S. House of Representatives Committee on Budgets has submitted a series of expense bills totaling nearly $ 1.4 million for projects in Randolph and Milton.

The projects, proposed by the community and drafted into legislation by US MP Ayanna Pressley, call for $ 1 million to build a community health center at Randolph High School and $ 275,000 for more culturally appropriate educational materials at Randolph Public Schools. A $ 100,000 Milton proposal provides a data-driven curriculum and professional development for the city’s teachers to fill the math and reading gaps exacerbated by the pandemic.

“COVID-19 has exposed the severe inequalities in our public health and education systems, particularly in hard-hit communities like Randolph and Milton,” Pressley said in a statement. Funding for these three projects would help provide the accessible, trustworthy, and experienced health services the residents of Randolph need while providing our most vulnerable students in Randolph and Milton with high quality, culturally sensitive education that will guide them College and prepared for their careers. Selection.”

More: Proposed Condos on Randolph Avenue Makes 8 Active 40 Billion Proposals in Milton

More: Randolph Receives an Additional $ 21 Million in COVID-19 Aid

The Budget Committee passed 12 spending bills that will be presented to plenary starting this week before moving to the Senate if passed. Funding of the local projects is not guaranteed even if the actions happen through the house. Congressmen and lawmakers expect the bills to be the basis for negotiations with Senate lawmakers on a possible year-end bulk spending bill, for example.

Local officials have long kept an eye on a health center in Randolph and praise the efforts.

“The health center issue is not new,” said Alderman Ken Clifton last month when Prssley was meeting with local officials. “It’s clear you need one. The pandemic has really increased the need for such a facility.”

Randolph Town Manager Brian Howard said the town needs a health center.

“This much-needed school health center will make an immeasurable contribution to the health of Randolph’s youth and families,” Howard said in a statement. “Randolph’s inadequate health care was acutely evident during the COVID pandemic, when Randolph was a hot spot. This new health center in Randolph’s High School will build our local health infrastructure and increase our ability to meet health care needs and be better prepared for crises. ”

More: A native of Randolph, he is a stunt double on “Without Remorse” and other local entertainment news

More: Keenan: More Affordable Care Act looks at lessons learned from the pandemic

James Jette, superintendent of Milton Public Schools, said he was grateful that Pressley wanted to help students end learning disrupted by the pandemic.

Pressley’s proposals are part of an initiative to fund community projects by the US Home Funds Committee. Project funding is a newer, more accountable version of what was formerly known as “earmarks” to channel federal funds towards specific projects in a congressman’s district.

The new round of spending bills is separate from an infrastructure bill passed by the House of Representatives earlier this month.

Material from The Detroit News, part of the USA Today Network, was used in this report.

Many thanks to our subscribers who make this reporting possible. If you are not a subscriber, please consider supporting quality local journalism with a Patriot Ledger subscription.

Joe Difazio can be reached at jdifazio@patriotledger.com. Follow him on Twitter @jldifazio.

Cash for well being suppliers impacted by auto no-fault modifications advances in Michigan Legislature

The legislation is set to get over health care providers affected by an upcoming reimbursement change in car injury treatment that was unveiled in the legislature on Wednesday.

Last week, Michigan House voted through an amended version of Senate Act 28 to create a $ 10 million fund for acute brain and spine injury facilities and caregivers who are suffering structural losses due to the upcoming changes. On Wednesday, the Senate revised that number up and approved $ 25 million for the fund.

The amended version of the bill is now being returned to the House for further review.

Payments would be made on a first-come-first-served basis and providers could only get the funds if they can provide and demonstrate information about the fees for their auto and non-auto injury treatment services, that they are facing a “systematic deficit” caused by changes in the flawless system of the state.

Connected: Law passed by the House would create a fund for health care providers who care for car accident victims

In July, insurance company reimbursement for health care services for survivors of car accidents not covered by Medicare will be reduced by 45% under the fee schedule set in the 2019 Act. This change, say many current post-acute care providers, will either put them out of business or force them to stop providing services to auto-accident patients. And car accident victims fear losing access to quality care.

Some health care providers treating car accident victims have criticized the fund proposal, calling it too little and too late to help troubled businesses and survivors. The Michigan Brain Injury Provider Council said in a statement Wednesday that it is opposed to the program and is urging lawmakers to change the policy instead.

“This program, which is set out in Senate Bill 28, does not provide sufficient relief in time or to the extent necessary to allow vendors to keep payroll and operations going,” said Tom Judd, president of the council. “The inevitable result is the imminent disruption of supplies and the displacement of vulnerable casualties across Michigan.”

In 2019, Republican-led Legislature and Governor Gretchen Whitmer voted to overhaul Michigan’s flawless auto insurance system to lower the state’s highest costs and signed bills that were passed with broad bipartisan support.

Part of that change was to allow drivers to choose their desired level of Personal Injury Protection (PIP), which went into effect last summer – but another important part of the deal was putting in place a fee schedule for how much Fees for health care insurance providers in handling car accidents.

Senator Curtis Hertel, Jr., D-East Lansing, said he doesn’t think $ 25 million will be enough to solve the problem, but believes it will provide a “bridge” for vendors while lawmakers do Debate continues.

“Do I think $ 25 million will be enough? Not even close, ”he said. “I believe this is a bridge to this body and the House trying to find an answer, and these families deserve nothing less than that.”

Connected: Accident victims, health care providers are shouting about the imminent change in medical fees for car accidents

House spokesman Jason Wentworth, R-Farwell, said last week the fund could help lawmakers determine any issues with current policy and what to do in the future, according to Gongwer News Service.

Proponents of the directive, due to come into effect in July, say the reimbursement fee law changes are an important part of the equation when it comes to lowering auto insurance rates. The Insurance Alliance of Michigan estimates that just by reducing the Michigan Catastrophic Claims Association’s vehicle fee reduction, Michigan drivers saved more than $ 1 billion, excluding the individual saver drivers achieved by choosing different PIP coverage levels.

Average auto insurance rates have dropped significantly since the first phase of Michigan’s Auto Insurance Act came into effect, but it is still one of the most expensive places in the country to insure a car.

Related coverage:

Average auto insurance rates in Michigan are falling significantly, but they are still among the highest in the United States

Michigan’s new auto insurance law is causing a stir and concern

What to Consider When Buying Michigan Auto Insurance?

Will Michigan drivers change their policies once the new auto insurance law goes into effect? Many still don’t know

Why it is difficult to predict individual savings under the new Motor Insurance Act

Auto insurers in Michigan see “coronavirus windfall” as the driving force, accidents are decreasing

About half of Michigan’s insured drivers would not choose to opt out of faultless coverage, a survey found

Governor Whitmer signs Michigan auto insurance revision bill

Michigan orders auto insurance reimbursements for “extreme driving restrictions.”

Michiganders see another drop in auto insurance fees in 2021

Proposal to place public cash in direction of family infrastructure initiatives advances

SANTA FE, NM (KRQE) – State legislators want to help people get internet, water and sewer pipes into their homes by paying for them. The state is currently not allowed to do this. Proponents for this said it would help many New Mexicans get into the 21st century because many of them don’t have or have running water Internet access.

Proposed overhaul of the New Mexico Wildlife Agency booths

“The intent is to use this change to meet those very essential needs and then implement laws that define the scope of the programs. You can approve projects,” said Christine Chandler MP (D-Los Alamos). “You may or may not create a fund, that’s all that needs to be determined at our next meeting as we move forward.”

Joint House Resolution 9 would allow public money to flow into household infrastructures such as internet access, electricity, natural gas, water, sewage and other services. It would be aimed at low-income New Mexicans. There is also a chance that people could seek financial aid for major repairs to their water, sewer or electrical systems, but that depends on what the legislation would later outline. Some Republican lawmakers feel the proposal requires more work and fear that people might take advantage of it.

“Not that the idea is bad, but the details aren’t there,” said Rep. Rod Montoya (R-Farmington). “And again, I think your good intentions remain open to what a misinvestment of government funds would mean.”

Legislation to limit tax credits for films deemed to be too violent

Supporters of the bill said the pandemic highlighted the lack of broadband in households across the state. The House gave the green light to the bill and will now go to the Senate. If a simple majority approves the idea, it is elected nationwide.

USI Cash Advances Cross-border Funds by its Raas Product

TipRanks

3 top dividend stocks with growth opportunities; Goldman Sachs Says “Buy”

Investing is about making a profit, and investors have long seen two main paths towards that goal. Growth stocks, stocks that generate a return based primarily on the appreciation of the stock price, is one way. The second route is through dividend stocks. These are stocks that pay back a percentage of profits to shareholders – a dividend that is usually paid quarterly. Payments vary widely from less than 1% to more than 10%, but the average among stocks listed on the S&P 500 is around 2%. Dividends are a nice addition for a patient investor as they provide a steady stream of income. Goldman Sachs analyst Caitlin Burrows has looked into the real estate trust segment, a group of stocks long known for high and reliable dividends – and she sees many reasons to expect strong growth in three stocks in particular. As we led the trio through TipRanks’ database, we learned that all three were cheered on by the rest of the street as well, as they have an analyst consensus of “Strong Buy”. Broadstone Net Lease (BNL) First off, Broadstone Net Lease is an established REIT that went public last September and grossed over $ 533 million. The company launched 33.5 million shares, followed by another 5 million shares, which were acquired by subscribers. It was viewed as a successful opening and BNL now has a market cap of over $ 2.63 billion. Broadstone’s portfolio includes 628 properties in 41 states and the Canadian province of British Columbia. These properties have 182 tenants and are valued at $ 4 billion. The best feature here is the long-term nature of the leases – the weighted average remaining lease is 10.8 years. For the third quarter, the most recent with full financial data available, BNL posted net income of $ 9.7 million, or 8 cents per share. Most of its income came from rents, and the company said it collected 97.9% of rents due in the quarter. Looking ahead, the company expects property acquisitions of $ 100.3 million in the fourth quarter and an increased rent collection rate of 98.8%. Broadstone’s earnings and high rental income support a dividend of 25 cents per common share, or $ 1 a year. This payment is affordable for the company and offers investors a 5.5% return. Goldman’s Burrows sees the company’s acquisition moves as the most important factor. “Acquisitive acquisitions are the main earnings driver for Broadstone … While management stopped acquisitions after COVID-induced market uncertainties (BNL did not make any acquisitions in the first half of 20) and before going public, we are confident that the acquisitions will be in 2021 will begin activity in the fourth quarter of 20 … We estimate that BNL has a positive investment spread of 1.8%, resulting in earnings growth of 0.8% (to 2021E FFO) per $ 100 million acquisitions (or 4, To this end, Burrows rates BNL as a buy and their target price of $ 23 implies an uptrend of ~ 27% for the coming year. (Click to see Burrow’s track record You here.) Wall Street broadly agrees with Burrows on Broadstone, as evidenced by the 3 positive ratings the stock has received over the past few weeks the only ratings available to make the analysts’ consensus rating a unanimous strong buy. The shares are currently valued at $ 18.16 and the average target price is $ 21.33, which corresponds to a year-long upward trend of ~ 17%. (See BNL stock analysis on TipRanks.) Realty Income Corporation (O) Realty Income is a major player in the REIT space. The company has a portfolio valued at more than $ 20 billion with more than 6,500 properties in 49 states, Puerto Rico and the United Kingdom. Annual sales exceeded $ 1.48 billion in fiscal 2019 (the last with full data) and has held a monthly dividend for 12 years. If we look at the latest data, we find that O had earnings of 7 cents per share and total revenue of $ 403 million for the third quarter of 20. The company collected 93.1% of its contracted rents in the quarter. A drill down to the monthly values ​​is relatively low, but shows that the rental collection rates have increased since July. As already mentioned, O pays a monthly dividend and has done so regularly since it was listed on the stock exchange in 1994. The company increased its payout in September 2020, marking the 108th increase in that time. The current payment is 23.45 cents per common share, which equates to an annual return of $ 2.81 – and a return of 4.7%. Based on the above, Burrows has placed this stock on their Americas Conviction List with a Buy rating and a target price of $ 79 for the next 12 months. This target implies an upward movement of 32% from the current level. Burrows reiterated their stance: “We estimate FFO growth of 5.3% per annum over the period 2020E-2022E versus an average of 3.1% for full REIT coverage. We assume that the main drivers of earnings will be a sustained recovery in acquisition volume and a gradual improvement in theater rents (in 2022). The analyst added, “We expect O to make acquisitions of $ 2.8 billion each in 2021 and 2022, which is the consensus expectation of $ 2.3 billion. [We] We believe our acquisition volume assumptions may actually turn out to be conservative, given that eight days after 2021, the company has already made or approved acquisitions worth $ 807.5 million (or 29% of our 2021 estimate). “Overall, Wall Street is taking a bullish stance on Realty Income stocks. 5 buys and 1 hold issued in the past three months make the stock a strong buy. Meanwhile, the average price target indicates $ 69.80 on an upward movement of ~ 17% against the current share price (see O share analysis on TipRanks) Essential Properties Realty Trust (EPRT) Most recently, Essential Properties owns and manages a portfolio of single-tenant commercial properties in the US There are 214 tenants in more than 1,000 properties in 16 industries including car washes, convenience stores, medical services and restaurants. Essential Properties has a high occupancy rate of 99.4% for its properties. In the third quarter of 20, the company saw sales increase 18.2% over the Last year, reaching $ 42.9 million. Essential Properties F ended the quarter with an impressive amount of liquid available $ 589.4 million including cash, cash equivalents, and available credit. The strong cash position and rising sales left the company confident enough to raise its dividend for the fourth quarter. The new dividend payment is 24 cents per common share, 4.3% more than the previous payment. The current interest rate is 96 cents and gives a return of 4.6%. The company has been increasing its dividend regularly for the past two years. In her review for Goldman, Burrows focuses on the recovery Essential Properties has had since the peak of the COVID panic last year. “When protection mandates went into effect in early 2020, only 71% of EPRT’s properties were open (fully or to a limited extent). This situation has improved over the past few months and now only 1% of the EPRT portfolio is closed. We anticipate EPRT’s future earnings growth to be driven by acquisition gains and estimate 2.8% potential earnings growth from $ 100 million acquisitions, ”Burrows wrote. In keeping with their bullish approach, Burrow’s EPRT stock is rated buy and a price target of $ 26 for a year, indicating an upward trend of 27%. Overall, EPRT has 9 current analyst ratings, and the 8 buy and 1 sell breakdown gives the stock a strong buy consensus rating. The shares are priced at $ 20.46 and have an average price target of $ 22.89, which represents an upside potential of ~ 12% from current levels. (See EPRT stock analysis on TipRanks.) To find great ideas for trading dividend stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all of TipRanks’ stock insights. Disclaimer: The opinions expressed in this article are solely those of the presented analysts. The content is intended to be used for informational purposes only. It is very important that you do your own analysis before making any investment.