Deutsche Bank Posts Q4 Loss After Hard Year

first_img Related Articles Demand Propels Home Prices Upward 2 days ago February 2, 2017 1,206 Views Home / Daily Dose / Deutsche Bank Posts Q4 Loss After Hard Year The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Setting it Right: Goldman Sachs Works Toward Agreement Next: Fitch downgrades distressed bonds Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport. 2017-02-02 Phil Banker Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Deutsche Bank Posts Q4 Loss After Hard Year Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, News Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Phil Banker Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Deutsche Bank’s woes continue to compound after posting a $2.05 billion loss for Q4, ending an already trying year for the bank on a low note.The bank’s full-year net loss was roughly $1.51 billion, down from a net loss of approximately $7.3 billion in 2015, with CEO John Cryan saying that the bank “finished 2016 with pleasingly strong capital and liquidity ratios.”However, Deutsche Bank shares dropped 3 percent at the beginning of trading Thursday, following the announcement of the Q4 loss.Much of the loss, according to the bank, was attributed to the sale of its Abbey life insurance business, restructuring and litigation costs.Deutsche Bank agreed to pay a $7.2 billion settlement in January following an investigation into its residential mortgage-backed securities and securitization activities between 2005 and 2007. The bank agreed to pay a civil monetary penalty of $3.1 billion and pay $4.1 billion toward consumer relief in the form of loan modifications and other assistance to homeowners and borrowers over a five-year period.The U.S. Justice Department stated that this “agreement represents the single largest RMBS resolution for the conduct of a single entity.””This resolution holds Deutsche Bank accountable for its illegal conduct and irresponsible lending practices, which caused serious and lasting damage to investors and the American public,” said now former Attorney General Loretta E. Lynch in the release.Most recently U.S. District Judge Jesse Furman in Manhattan refused to throw out a proposed class-action lawsuit mounted against Deutsche Bank seeking to recover “significant money damages” connected to their alleged “failure to discharge its essential duties” as trustee of 62 trusts created between 2004 and 2008, which issued notes backed by roughly $90.3 billion of home loans. Plaintiffs against Deutsche Bank include BlackRock Inc. and Pacific Investment Management Co.The judge did however grant the bank’s request to dismiss conflict-of-interest claims.Deutsche Bank Co-CEO John Cryan sent a statement to employees on January 17 thanking them for their resilience during the settlement process.“Despite this financial impact, we are pleased to have resolved this matter,” Cryan said.  “We had to invest a vast amount of time and energy in these negotiations, and the resolution of this matter creates a lot more certainty.” Share Save Subscribelast_img read more

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Linzi Hateley Will Return to London’s Mamma Mia

first_img View Comments Linzi Hateley in ‘Mamma Mia’ This dancing queen will dance again on the West End stage! Linzi Hateley will return to the role of Donna Sheridan in the hit ABBA musical Mamma Mia! at London’s Novello Theatre beginning on June 13.Also joining Hateley are Sanne Den Besten (Les Misérables) as Sophie Sheridan, Richard Carson (Miss Saigon) as Sky, Dugald Bruce-Lockhart (The Three Lions) as Bill, Jemma Revell as Ali, Amy Webb as Lisa, Filippo Coffano as Pepper and Jake Small as Eddie, with Sorelle Marsh playing the role of Donna Sheridan at certain performances. They will be joining Mazz Murray as Tanya, Jo Napthine as Rosie, Richard Trinder as Sam and Alasdair Harvey as Harry.New to the ensemble will be Felipe Bejarano, Tabitha Camburn, Georgina Castle, Edward Chitticks, Louise Dalton, Ben Darcy, Rebecca Giacopazzi, Katy Hards, Jennifer Hepburn, Robert Knight, Rebecca McKinnis, Samira Mighty and Amy West, who will be joining Adam Clayton-Smith, Stephen John Davis, Craig Anthony Kelly, George Miller and Robbie Scotcher.Hateley has played the character twice before, from 2007 to 2009 and in 2010. Her other recent theatre credits include the national tour of Barnum, London Road and Les Misérables.last_img read more

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Brazil Prepares for Cyber War

first_imgBy Dialogo December 14, 2011 “Brazil has an advantage in terms of law enforcement because our constitution prohibits anonymity. Therefore the identification of the owner of any domain is mandatory,” Scartezini said. The ideal would be to have international security legislation regulating all contracts with Internet providers and the sellers of domain names, “in order for the basis of the Internet to become more secure,” she said. Scartezini said three components are essential to any cyber security policy. First, there should be international umbrella agreements that form the basis for establishment of country-specific legislation. Secondly, the policy needs an agreement that links registries, registrars, Internet service providers (ISPs) and domain name sellers. This would be based on a single code of conduct with penalties applicable by all countries for violations. Lastly, broader educational campaigns should be implemented to protect young people from possible online dangers. Scartezini is not along on the demand for a more global focus. “I strongly believe that as cyber is a global problem, it will require a global approach,” said William Beer, director of OneSecurity at PricewaterhouseCoopers. “Individual nations must not limit their focus to their own borders.” Securing the nation’s data SERPRO President Marcos Mazoni stressed the importance of information security for Brazil. “People, businesses, all need to feel secure. The data that travels on our network and that of our clients is protected. We have created the conditions to provide and guarantee that security,” he said, recalling the attacks on SERPRO’s network a few months ago. “They said they got information from our network, but we proved it was not true. It was all public information, such as my email, for instance.” The only thing that no security system can fully avoid is the mischief of professionals with access to information, he said. SERPRO has a partnership with the National Airport Authority to help with large events, starting with the Rio+20 Earth Summit next June. This will be a key test of the agency’s security. “We will have several heads of state circulating through Rio de Janeiro. Our mission is to guarantee the cyber security of this event,” Mazoni said. “It is important that everybody know that security is not just a government matter, but a matter that should be debated by society as a whole.” Cyber security now a defense issue Since cyber-attacks have reached the level of national security threats, countries increasingly treat the protection of cyber space as a defense matter. The Brazilian Armed Forces are indeed playing a leading role. “The need for preparation and technological knowledge imposes itself, but the military is not part of law enforcement,” said ICANN’s Scartezini. “Their readiness in cyber security is a function of a broader defense need, the defense of the state.” Law enforcement agents have to be technologically well-equipped and trained and should act in concert with all other agencies in seeking a global policy of security for the net, Scartezini said. Others, like PricewaterhouseCoopers’ Beer, said that the traditional approach to cyber security is simply not working and cannot keep up with the quantity, pace of change and complexities of cyber-attacks. “A military mindset and approach can offer a more robust and focused manner to address the problem,” said Beer. “However, private-sector clients and the military are not used to working together and there is skepticism about collaborating from both groups.” The Brazilian government’s invitation to the military and private sector to sit down to discuss the risks and potential solutions to cyber security is a step towards erasing some of that skepticism, which Beer says “is due to their different mentality and drivers, such as command and control vs. profit.” Dos Santos, head of command at CDCiber, said multiple collaborations already exist between private industry and the government, and specifically the military on information technology, for instance, data and trend analysis. “I think that, as the lines between our personal lives and professional lives become blurred due to consumerization and social media, a military approach will only work in large enterprises and behind the scenes in the data centers,” Beer said. “It is not suited for dealing with how you and I use the Internet for personal reasons.” The limits of censorship While it may be tempting, censorship is not the way to secure the Internet and reduce the virtual attacks, said Scartezini, who’s also a professor at the University of São Paulo. It would also stifle innovation by users, which has been the reason for the Internet’s success, she said, noting that “any action that restricts the Internet constitutes a direct attack on the capacity for innovation that it brings to the world.” Scartezini puts stock in the importance of public awareness, in particular for youth. For her, meetings such as the Cyber Security International Forum promote a needed debate about Internet security and collaboration. Since 2009, Brazilian law enforcement agencies have lobbied hard for international monitoring and capture of those who commit crimes via the Internet, particularly child pornography and human trafficking. But to be successful, she said, there must be an agreement to share information about domain names and ISPs. All this data needs to be preserved for investigation for a set period of time, with access to the data bank as well as continuous information exchange about sites associated with crimes such as pedophilia. That would prevent the selling of new domain names to individuals wanted by any law enforcement agency for Internet crimes, she said. “The best approach is to negotiate individual agreements and incorporate them in a structure that maintains an internal logic, so that in time we will have a complete, international legislation on the topic,” Scartezini said. The Brazilian government wants to revolutionize cyber security by readying the country’s military, law enforcement agencies and private sector for collaborative, preventive work. In late November, security specialists gathered in Rio de Janeiro for a two-day Cyber Security International Forum that attracted top military officials, federal and state police, data processing entities, the Committee for Information Security, the Cyber Defense Center and the Presidential Institutional Security Cabinet (GSI), as well as private consultants and IT firms. Maj. Brig. Álvaro Knupp, a director in the Defense Ministry, emphasized that cyber security and cyber defense are indeed a matter for society as a whole. “At the end of the day, in a war many more civilians die than soldiers,” he said. The forum — organized by the Federal Service of Data Processing (SERPRO) — took place at Rio’s Windsor Atlântica Hotel and focused on the development of a national cyber security policy, known in Brazilian IT circles as the White Book. An initial step toward such a consolidated strategy was the Army’s recent launch of the Cyber Defense Center (CDCiber) to protect its communications networks. “The Center is a step in the development of doctrines for the coordination of cyber security among all the branches of the Armed Forces and with other sectors of society,” said Army Lt. Gen. José Carlos dos Santos, commander of CDCiber. Brazil constitution prohibits anonymity In 2010, the GSI published its so-called Green Book of Brazil’s Cyber Security, intended as a conversation-starter to define the parameters of a collaborative national policy. “National policies for any country are not the solution to the problems of Internet security that we all face,” said Vanda Scartezini, chair of the nominating committee of the Internet Corporation for Assigned Names and Numbers (ICANN), and one of the forum’s speakers. The Green Book calls “to develop, cultivate and broaden a culture of cyber security in Brazil is a long-term and far-reaching challenge that merits prioritization and a joint effort in the building of consensus and premises and directives for the White Book.” Specifically, a national cyber security policy includes symmetric cryptography, asymmetric techniques, security protocols, techniques for secure implementation, high-performance data processing, computation and quantum cryptography, project management and collaborative infrastructure, and human resources development. last_img read more

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El Salvador Promotes Importance of Interagency Coordination

first_imgBy Geraldine Cook/Diálogo June 18, 2018 Since Army Major General Félix Edgardo Núñez Escobar took over as head of the Joint Chiefs of Staff of the Armed Force of El Salvador (FAES, in Spanish) in January 2016, he dedicated himself to fighting narcotrafficking and other illegal activities by land, air, and sea. For him, interagency coordination is key to combat regional threats. Maj. Gen. Núñez spoke with Diálogo during the 2018 Central American Security Conference (CENTSEC), which took place May 9th–10th in San Salvador. CENTSEC 2018 facilitated a dialogue between defense and public security leaders regarding threats to Central American stability and the establishment of new regional collaboration mechanisms to take down illegal networks. Diálogo: What is the significance of El Salvador hosting CENTSEC 2018 for the third time? Army Major General Félix Edgardo Núñez Escobar, head of the Joint Chiefs of Staff of the Armed Force of El Salvador: Hosting CENTSEC 2018 gives us great satisfaction, as well as a sense of responsibility to meet this challenge. In coordination with U.S. Southern Command (SOUTHCOM), we took all the steps necessary to get ready for this high level event and prepare ourselves to receive the various officials from ministries of Defense and chiefs of General Staff to discuss common problems related to criminal networks affecting our region. Diálogo: What interagency work initiatives has FAES adopted to counter transnational criminal organizations? Maj. Gen. Núñez: Our initiatives go hand-in-hand with the plans laid out by the Ministry of Justice and Public Security, specifically, working in conjunction with the National Civil Police. In this respect, we can point to Plan New Dawn (Plan Nuevo Amanecer) linked to the federal government plan, Plan Safe El Salvador (Plan El Salvador Seguro), which unifies strategies to reduce violence and create a safe environment throughout the country. What this means is that our Armed Force endeavors to join the police and other government institutions directly to control unofficial border crossings, reinforce prison security, and safeguard public school perimeters to prevent children from being exposed to criminal activity or recruitment. We also took over security at main bus terminals and maintain permanent deployments in municipalities identified as having the highest rates of crime and violence. We do all this without losing sight of our fundamental constitutional mission: national defense. Diálogo: The mission of the Anti-Terrorist Special Command (CEAT, in Spanish), an elite FAES group, is to take on gangs and narcotrafficking. CEAT deploys to the country’s most violent municipalities since September 2017 to counter criminal attacks. What are the results of this anti-crime deployment? Maj. Gen. Núñez: As part of the Special Forces Command, CEAT conducts operations focused on pursuing gang leaders in coordination with specialized police units. To date, these have been very effective. Through their intelligence services, the police provide the location of gang leaders or lieutenants from the 100 most wanted list. Specialized FA-PNC [Armed Force-National Civil Police] units then act quickly and use this information to execute arrest warrants from the Attorney General’s Office. It should be noted that the list never gets shorter. The first 100 from the initial list were captured. However, there will always be a list of the 100 most wanted, since gangs find new leaders to take over for those who were arrested. Diálogo: Transnational criminal organizations use the Atlantic and Pacific to transport drugs to the United States and other countries. How does El Salvador take part in combined international operations to take down narcotrafficking organizations? Maj. Gen. Núñez: With respect to narcotrafficking, we feel satisfied with the Navy’s effectiveness. Sea routes are the narcotraffickers’ most commonly used routes over the past 10 years. The support of SOUTHCOM and its various agencies that specialize in countering this threat has been very important. The means, resources, and specialized training they provided our marines allowed us to create the Naval Task Force Trident, an organized, trained force specialized in combating narcotrafficking on the high seas. Another factor that boosts our effectiveness against narcotrafficking is the provision of timely information from the Anti-Drug Surveillance Center (CMA, in Spanish) the United States set up in our country. Its aircraft provide continuous monitoring of suspicious vessels from the time they set sail from South America to their arrival in our territorial waters. This allows us to maintain close and effective communication with Naval Task Force Trident until drugs are seized and criminals arrested. It’s important to emphasize that Naval Task Force Trident is on active duty around the clock, safeguarding our sovereignty throughout all our maritime territory. SOUTHCOM praised Task Force Trident, considered a model in the region, on many occasions. Diálogo: You mentioned the success Naval Task Force Trident has had during its interdiction operations. What kind of international cooperation contributed to this progress? Maj. Gen. Núñez: With regards to cooperation, we are very happy with the help received from SOUTHCOM, the U.S. Military Group, and other agencies related to countering this threat. It’s clear to us that no limits are put on this effort. Naval Task Force Trident is well equipped and well trained. We received the right equipment to be able to work in extreme conditions on the high seas, including such special equipment as night vision goggles, next-generation communication devices on our vessels, and the proper weaponry for use on the high seas. All of this allows Naval Task Force Trident to be highly efficient in its counter narcotrafficking operations. Diálogo: Joint Group Cuscatlán (GCC, in Spanish) is considered an exclusive counter narcotrafficking group in Central America. What advances did GCC make in the fight against transnational criminal organizations? Maj. Gen. Núñez: GCC is the earliest precursor in the fight against narcotrafficking and was created prior to Task Force Trident. We realized that we needed to do more interinstitutional or, in U.S. lingo, interagency work to counter threats to our region—and specifically to our own country—stemming from drug trafficking. It was clear that our Armed Force shouldn’t wage this fight alone but with other institutions, thereby making the fight against this scourge more powerful and dynamic. As such, the Attorney General’s Office, the Police, Immigration, the Ministry of Finance, and the Autonomous Executive Port Commission all joined in. We began to work together in 2002, which is when GCC was born. At that time, illicit air traffic posed the greatest threat, and we used our air resources to respond effectively and make seizures. Over time, air traffic intensity dropped, and narcotraffickers began to prefer maritime routes. GCC received support from SOUTHCOM and a number of other agencies involved in the fight against narcotrafficking. It works closely with the Police Counter Narcotics Division along the coastline on shore and is equipped with Zodiak boats that allow it to patrol up to 5 kilometers off the coast. Its equipment is similar to that of Naval Task Force Trident. GCC has been highly effective and serves as a model for Central America. Its work on land and in coastal waters complements the work of Naval Force Trident, and both seek to counter the activities of transnational criminal networks. Diálogo: What work does GCC do in conjunction with the Joint Interagency Task Force South (JIATF-South)? Maj. Gen. Núñez: The work of GCC and Naval Task Force Trident relies on information JIATF-South provides. JIATF-South provides real-time monitoring and timely follow-up for all types of suspicious vessels and then promptly alerts GCC and/or Trident Force, allowing them to react immediately and effectively. We are partners to agreements that bolster our efforts in the fight against narcotrafficking and have a close relationship with the United States in this area. Among these agreements are measures that allow the Comalapa Surveillance Center to operate, permanent JIATF-South liaison officers to be assigned, and information to be exchanged through various agreed upon regional networks. Diálogo: Why is it important for the region’s countries to work together to fight transnational criminal organizations? Maj. Gen. Núñez: We are still just a byway for narcotrafficking, virtually no cocaine is sold in El Salvador. We do everything possible to cooperate with the United States and the regional countries to intercept the drug on the high seas and prevent it from reaching land. International cooperation is a key concept we discussed at CENTSEC 2018. The worst mistake a country or institution can make is to believe that it can solve the problems transnational [criminal] networks pose, such as narcotrafficking, alone. We need to work together, through constant coordination and cooperation. This has proven to be the only way to effectively counter criminal organizations that threaten the region’s peace, development, and prosperity.last_img read more

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Global vaccines program gets $8.8bn shot in the arm

first_imgGovernments around the world on Thursday pledged $8.8 billion for global vaccines alliance Gavi to help immunization programs disrupted by coronavirus, prompting calls for global cooperation to ensure a potential COVID-19 vaccine is available to all.The online meeting beat a target to raise $7.4 million to provide vaccines at a much reduced cost to 300 million children worldwide over the next five years.More than 50 countries took part as well as individuals such as billionaire philanthropist Bill Gates, whose foundation pledged $1.6 billion. Doesn’t discriminate The United States pledged $1.16 billion to Gavi’s fundraising drive, and Trump sent a recorded message to the conference.”As the coronavirus has shown, there are no borders. It doesn’t discriminate,” he said.”It’s mean, it’s nasty. But we can all take care of it together… we will work hard. We will work strong.”The coronavirus pandemic has infected more than 6.5 million and killed over 385,000 people since emerging in China last December, according to an AFP tally of official sources.If a vaccine is developed, Microsoft founder Gates said Gavi hoped to be able to buy it for the poorest countries.He said pharmaceutical companies had been working together to try to secure the required production capacity. “It’s been amazing, the pharmaceutical companies stepping up to say ‘yes, even if our vaccine is not the best, we will make our factories available’,” he told BBC radio. Immunizations disrupted Stay-at-home orders have been imposed across the world to stem the spread of coronavirus, causing huge economic disruption and the suspension of routine immunization programs for preventable diseases such as measles and polio.The WHO, UN children’s agency UNICEF and Gavi warned last month that vaccine services were disrupted in nearly 70 countries, affecting some 80 million children under the age of one.Polio eradication drives were suspended in dozens of countries, while measles vaccination campaigns were also put on hold in 27 countries, UNICEF said. Recent modeling from the London School of Hygiene and Tropical Medicine estimated that for every coronavirus death prevented by halting vaccination campaigns in Africa, up to 140 people could die from vaccine-preventable diseases. Since it was formed in 2000, Gavi says it has helped to immunize more than 760 million children.But Berkley warned: “These historic advances in global health are now at risk of unraveling as COVID-19 causes unprecedented disruption to vaccine programs worldwide.”Ethiopian President Sahle-Work Zewde told the meeting that her nation had seen “how the life of a helpless child is transformed to a better future through immunizations”.She added: “As much as a coordinated and cooperative global response is needed to develop a COVID-19 vaccine, we should not lose sight of the fact that the vaccine’s success is strongly linked to maintaining routine immunization.”Which means the need to maintain the supply chain and the immunization infrastructure as well.” “A vaccine must be seen as a global public good — a people’s vaccine, which a growing number of world leaders are calling for,” he said in a video message.There needs to be “global solidarity to ensure that every person, everywhere, has access”.The pandemic has exposed new ruptures in international cooperation, notably with US President Donald Trump’s decision to pull out of the World Health Organization (WHO).But Gavi chief executive Seth Berkley insisted there must be a “global perspective”.”At the end of the day, if you have large outbreaks of COIVD anywhere in the world, it threatens the world,” he said. center_img Gavi also launched a new initiative to purchase potential COVID-19 vaccines, scale-up production and support delivery to developing nations, which raised $567 million in seed money.”Together, we rise to fulfill the greatest shared endeavor of our lifetimes — the triumph of humanity over disease,” said British Prime Minister Boris Johnson, who hosted the summit.”Today we make the choice to unite, to forge a path of global cooperation.”Scientists around the world are racing to develop and test a coronavirus vaccine and United Nations Secretary General Antonio Guterres said it must be available to everyone. Topics :last_img read more

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Neymar gives statement to Brazil police over rape allegation

first_img Source: BBC Sport Brazil football star Neymar has attended a police station in Rio de Janeiro to make a statement following a rape allegation, his lawyer says.The star denies raping Najila Trindade at a hotel in Paris on 15 May, and thanked his fans outside the station for their support.Ms Trindade filed the allegation last Friday, telling a Brazilian TV channel she wanted justice.MasterCard has suspended an advertising campaign with Neymar.The credit card company said it would stop using images of the star, who is the world’s most expensive signing and plays for French champions Paris St-Germain, until the situation was resolved.Sportswear manufacturer Nike Inc said earlier it was “very concerned” about the rape accusation against Neymar, whom it sponsors.What happened at the police station?Neymar attended the station on crutches after having sustained an injury to his right ankle during Brazil’s game with Qatar in Brasilia on Wednesday.His lawyer, Maira Fernandes, told Reuters news agency: “Neymar has just given a statement. He made the point of coming as soon as he could to give a statement, to clarify everything that needed to be clarified.“We are absolutely confident that we will prove the innocence of our client… The process was thorough but he provided all the clarifications that were to be provided.”Speaking at the door of the police station, Neymar said: “I appreciate the support and all the messages that the world has sent, my friends, my fans, that the world is with me. I want to say thank you for the well wishes, and say that I have felt very loved.”What is he accused of?Ms Trindade, who is also from Brazil, says she met Neymar on Instagram.She told the SBT Brasil channel she had been attracted to the footballer and had wanted to have sex with him. She said she had been flown to Paris and put up in a hotel at his expense.When she met Neymar, she said he was “aggressive, totally different than the boy that I got to know through the messages”.She said she had been initially prepared for consensual sex but had demanded the use of a condom. Neymar had refused, become aggressive again and raped her, she said. She said she had told him to stop but he had refused.She described the incident as “an assault together with rape”.SBT published part of the interview on Twitter (in Portuguese).Video has surfaced. What does it show?The video footage shows an altercation purported to be between Ms Trindade and Neymar in a hotel room, reportedly filmed by Ms Trindade.The pair lie down on a bed, after which the woman stands and starts to slap the man, who defends himself with his feet.EXCLUSIVO! Assista ao vídeo da suposta briga entre Neymar e modelo que o acusou de agressão e estupro #JornalismoRecord #JornalismoVerdade pic.twitter.com/0K7N4mZe2X— Record TV (@recordtvoficial) June 6, 2019The woman says: “I’m going to hit you, you know why. Because you beat me up yesterday”, suggesting the altercation was a second meeting. Neymar has said that he and Ms Trindade met twice.In the SBT interview, Ms Trindade said she had only begun to understand everything that had happened to her after the first meeting ended, and that she had returned because she wanted to prove the events and “wanted justice”.The video was shown on the Brazilian channel TV Record.What has Neymar said about the accusations?He has not commented so far on the TV interview but his father, Neymar dos Santos, was interviewed by TV Record about the hotel room footage and said it was clearly a set-up that proved his son was innocent.In an earlier statement, Neymar’s management called the accusations “unjust” and said the footballer had been the “victim of an attempted extortion”.Neymar repeated the extortion accusation in a seven-minute video on his Instagram page.Speaking in Portuguese, the footballer said: “What happened that day was a relationship between a man and a woman, within four walls, like with any couple. And the next day nothing much happened. We kept exchanging messages. She asked me for a souvenir for [her child].”During the video, the 27-year-old showed what he said were a long series of WhatsApp messages with Ms Trindade, including intimate photographs of her.He said he had had to make them public to “prove that nothing really happened”. In her interview, Ms Trindade denied accusations of extortion, saying: “I want justice, not financial compensation.”Brazilian President Jair Bolsonaro visited Neymar in hospital after the footballer’s injury on Wednesday, wishing him “a good and speedy recovery”. Mr Bolsonaro said earlier: “He is in a difficult moment, but I believe in him.”What’s the legal situation?The lawyers who first represented Ms Trindade say her initial complaint was of “aggression” or “physical violence” by Neymar. They said they had discussed a settlement with Neymar’s lawyers but that those lawyers then rejected it. The two legal teams dispute who initially asked for the meeting.Ms Trindade then filed a rape allegation in São Paulo last Friday. Her lawyers said the allegation was “incompatible with the strategy” they had agreed, and they parted company with her on Saturday. She now has new representation.In her interview, Ms Trindade said of a lawyer in her first legal team: “He didn’t fully believe me. I felt he was prejudiced. He portrayed it as if I’d not been raped, that I had wanted it.”Neymar could also face investigation over publishing the images of Ms Trindade without her permission, as the act may infringe laws designed to protect privacyEXCLUSIVO! Assista ao vídeo da suposta briga entre Neymar e modelo que o acusou de agressão e estupro #JornalismoRecord #JornalismoVerdade pic.twitter.com/0K7N4mZe2X— Record TV (@recordtvoficial) June 6, 2019last_img read more

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Estimate indicates 43% of Iowa’s corn, soybean crop damaged by Monday’s storm

first_imgGovernor Kim Reynolds says an initial estimate indicates 10 MILLION acres of Iowa cropland was impacted by Monday’s storm.“This morning I had a farmer reach out to me to say that this was the worst wind damage to crops and farm buildings that he has ever seen across the state in such a wide area,” Reynolds says. Nearly 23-and-a-half million acres was seeded with corn and soybeans this spring, so the early estimate indicates 43 percent of Iowa’s 2020 corn and soybean crop has been damaged or destroyed.“When I say 10 million acres, that is really an early estimate,” Reynolds says. “Some of the photos have just been devastating.” Reynolds is planning an aerial review of the damage on Wednesday.“I’m hoping tomorrow with the Department of Public Safety I am able to do a fly around so I can get some sense of what that agricultural damage looks like,” Reynolds says, “but multiple bins, hoop buildings, sheds are gone.” State officials advise farmers to take photos of the damage to crops and farm buildings and consult with their insurance carriers. Reynolds says the state has experience seeking federal help to cover grain losses in destroyed bins after the flooding in southwest Iowa last year.last_img read more

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Thailand ready to step in for Philippines as 2019 SEA Games host

first_imgOlympic Committee of Thailand (OCT) secretary-general Charouck Arirachakaran said Monday that the Kingdom has the capacity and infrastructure to host the Southeast Asian Games in 2019, if the Philippines pulls out and other countries in the region fail to step in.The Kingdom would be ready to take over the organization of the Games if the Philippines officially withdraws from hosting the 30th Games, he said.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Don’t miss out on the latest news and information. Marcosian mode: Duterte threatens to arrest water execs ‘one night’ “Thailand have the potential to host the Games within a span of two years. Besides, the Games doesn’t require an athletes village,” Charouck said during the OCT executive board meeting Monday.“We have provinces such as Chiang Mai and Chon Buri, which have enough competition venues and can accommodate a large number of athletes,” said the OCT official.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Last moth the Philippines said it is dropping the hosting of the 30th SEA Games to be held in Davao City in 2019 to re-channel government resources in favor of the rehabilitation efforts for the beleaguered city of Marawi.However, Charouck said the Philippines must make its withdrawal official during the SEA Games Federation Council meeting on August 17-18 in Kuala Lumpur. Vilma Santos, Luis Manzano warn public of fake account posing as her View comments Trending Articles PLAY LIST 00:50Trending Articles02:11SEA GAMES 2019: PH’s Nesthy Petecio boxing featherweight final (HIGHLIGHTS)08:07Athletes treated to a spectacle as SEA Games 2019 officially ends06:27SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold05:02SEA Games 2019: Philippines clinches historic gold in women’s basketball05:21Drama in karate: Tsukii ‘very sad’ over coach’s bullying, cold shoulder03:24PH’s James Palicte boxing light welterweight final (HIGHLIGHTS) 787 earthquakes recorded in 24 hours due to restive Taal Volcano Teen gunned down in Masbate EAC escapes Arellano to claim solo third in NCAA MOST READ Vietnam and Cambodia, who are the hosts of the 2021 and 2023 editions, need to make a decision to take charge of the 30th edition. If the two nations refuse, Thailand as the next country in alphabetical order will take the place of the Philippines.Charouck said the OCT would step forward only if the Thai government gives the nod.Meanwhile, a few members of the Thai delegation will pay a courtesy call on Prime Minister Prayuth Chan-o-cha at the government house this morning before embarking on their trip to Malaysia. Around 404 athletes will take part in the SEA Games, which starts on August 19.ADVERTISEMENT 787 earthquakes recorded in 24 hours due to restive Taal Volcano Albay to send off disaster response team to Batangas Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ LATEST STORIES 2 nabbed in Bicol drug stingslast_img read more

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