Sentences with phrase «poor financial state»

Subsidized electricity prices in some economies are a reason for the poor financial state of utilities, undermining their ability to invest in new energy infrastructure.

As the FRBNY noted, people who filed bankruptcy had access to more new lines of credit than those who limped along in a poor financial state.

Being in a poor financial state is never something anyone plans to aspire to.

I have been in a poor financial state for a couple of years, and fear that I am in over my head.

A former second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that the Central Bank is in a poor financial state and needs immediate financial support from government.

Business News of Wednesday, 16 May 2018 Source: Starrfmonline.com The former Dept. Governor says the Central Bank's finances are in a dire situation A former second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that the Central Bank is in a poor financial state and needs immediate financial support from government.

Not exact matches

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Pope Francis» main economic message is exactly in line with Pope Benedict and Pope JPII — all have stated in various ways that unbalanced Corporate Financial interests, and the idolatry of money negatively impacts families and takes advantage of the poor and also the working class.

March 27 — With West Brom set to announce a predicted year end financial return of about # 40 million in profit, the club's chief executive Mark Jenkins has said that the finances are actually in a poor state and that the club is going to need an overdraft facility, its first for 1o years.

«A consultant at the Kaduna Business School concludes that the first point to note is that states are in dire financial straits today because of poor management of fiscal and other resources that occurred in the years preceding the report.

The Alliance for Quality Education, a statewide coalition of education groups including teacher unions, contends that all additional state financial assistance allotted to districts in 2016 - 17 should be distributed according to the state's «foundation» formula, which gives extra weight in funding distribution to districts with students who are poor or non-English speaking.

Assemblywoman Annie Rabbitt (R - Greenwood Lake) this past week blasted the Metropolitan Transportation Authority (MTA) for «extremely poor financial management» in the wake of a new audit conducted by the State Comptroller.

Additionally, under Mark's watch, Erie County's credit ratings from the three major rating institutions (Moody's Investment Services, Standard and Poor's Financial Services LLC and Fitch Ratings) have increased a total of 10 steps from all «B's» to now all «A's,» while the state - appointed control board has downgraded in status from «control» to «advisory.»

The Department of Financial Services, an arm of the Cuomo administration, on Monday released a report blasting DiNapoli's handling of the state's retirement fund, knocking the amount of money paid to hedge funds with high fees that combined with poor performance have led to potentially costing the state $ 3.8 billion.

In the same development, The Commissioner explained that with the commencement of the counterpart fund payment, the state was now assured that the EU would now be compelled to give all necessary technical and financial support, big enough to liberate the state from the shackles of poor water supply.

Still, some lawmakers and union leaders say the recession, poor fiscal management and other factors are responsible for the state's and city's financial crises - not pensions.

They issued a joint news release (see below) calling on the state to honor a 2006 decision by the state's highest court, which held that the state had provided inadequate financial support to New York City and other poor school districts.

In states that suffered a 7 percent job loss, college attendance by the poorest youth subsequently dropped by 20 percent, even when financial aid increased.

«Poor financial outcomes [for hospitals] could lead to poor care,» said Naleef Fareed, assistant professor of health policy and administration, Penn StPoor financial outcomes [for hospitals] could lead to poor care,» said Naleef Fareed, assistant professor of health policy and administration, Penn Stpoor care,» said Naleef Fareed, assistant professor of health policy and administration, Penn State.

In fact, the economic output that is lost because of poor education policies and practices leaves many countries in what amounts to a permanent state of economic recession — and one that can be larger and deeper than the one that resulted from the financial crisis at the beginning of the millennium, out of which many countries are still struggling to climb.

California auditors released a scathing assessment of the Oakland public schools last week, blasting one of the state's most beleaguered districts for mismanagement and poor student achievement and warning that it is hovering on the brink of serious financial difficulty.

The purpose of ESEA was to give federal financial support to state and local governments educating poor students.

Title I provides financial assistance through SEAs to LEAs and public schools with high numbers or percentages of poor children to help ensure that all children meet challenging state academic content and student academic achievement standards.

Supporters argue that poor financial management by both districts left the state no choice but to step in.

Given the link between poverty and MCAS scores, the financial losses will be most keenly felt in the state's poorest school districts, including Worcester and Springfield, each projected to lose $ 21.2 million this year to charter schools, Lawrence, projected to lose $ 10.5 million, Lowell, $ 10.2 million, and Holyoke, $ 6.9 million.

Those liabilities are the result of years of poor financial decisions by state leaders, and they leave today's teachers (and students) paying for past mistakes.

In both cases, the state charter board had renewed the schools» charters for 20 years because it felt it had insufficient grounds to refuse renewal in spite of poor financial standing and had no «probationary» option for renewal.

Delta State overhauled its program to focus on instructional leadership, featuring a full - time internship and financial support so teachers can spend a year preparing to become principals who can transform schools in a poor, mostly rural region.

Despite all the rhetoric about «increased accountability,» when it comes to issues like full financial transparency, compliance with state laws on contracting, or even background checks on employees, lack of adequate oversight creates the inevitability of poor quality, non-compliance with laws governing the schools and outright fraud.

But in light of Corvette's abysmal sales and tremendous financial loses over the years (2nd only to Cadillac) and GM's overall poor state of financial health..

You can further protect yourself by sticking to annuities issued by insurers that get high financial strength ratings from companies like A.M. Best and Standard & Poor's, by spreading your money among two or more highly rated insurers and by limiting the amount you invest with any single insurance company to the maximum coverage offered by the state insurance guaranty association in your state.

The Bloomberg Barclays U.S. Aggregate Bond Index (the «Index») is designed to measure the performance of the U.S. dollar denominated investment grade bond market, which includes investment grade (must be Baa3 / BBB - or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's Financial Services, LLC, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and other asset backed securities that are publicly for sale in the United States.

And so poor people probably do need some state financial assistance.

But crucially this scandal also shows how the state looting that keeps poor countries poor and dictatorships in power is made possible by the international financial system.

As part of those international efforts, the United States has agreed to end financial support for construction of new coal - fired power plants overseas, except for those in the «world's poorest countries» and those that employ carbon capturing technologies.

The poor state of the financial market and the employer's financial health have been used in recent years, a time of significant economic challenges for many employers, to reduce a notice period even further.

Simply put, the defendant says that the plaintiff's damages stem almost entirely from his pre-accident state of poor health and disability, while the plaintiff says but for the accident he would have recuperated from his prior medical problems, returned to work, avoided his dependency on analgesics, resolved his financial issues and cured his depression.

You shouldn't have to pay the financial consequences for someone else's poor decision to get behind the wheel in a drunken state.

The Indiana State Bar Association's House of Delegates has declared that «all Indiana lawyers have an ethical and a social obligation to provide uncompensated legal assistance to poor persons» and adopted an aspirational goal of fifty hours a year, or an equivalent financial contribution, for each member of the bar.

• High - risk countries: banks will be required to enhance their due dili - gence checks on financial transactions from high risk countries, including those on the harmonised list of non-EU countries with poor AML controls • Access to beneficial owners» registers: a higher level of transparency on the true beneficiary own - ers of companies will be achieved through the creation of national regis - ters and information shar - ing between EU member states these operators are able to compete on fair terms, thereby contributing to the overall efficiency of the chain.

State Farm was evaluated by two main financial institutions, Standard & Poor's and A.M. Best, and earned a «very strong» and «superior» respectively for financial stability.

State Farm also boasts some of the best financial strength ratings in the industry: A + + from A.M. Best, AA from Standard & Poor's, and Aa1 from Moody's.