Direct Vanqex Sun, 10 Oct 2021 04:32:21 +0000 en-US hourly 1 Direct Vanqex 32 32 Austrian Kurz resigns corruption probe to save coalition Sun, 10 Oct 2021 01:10:00 +0000
  • Coalition partner the Greens demanded that he go
  • Kurz will however remain at the head of his party.
  • He is likely to continue to take the lead in government
  • Proposes the Minister of Foreign Affairs as successor, the Greens agree

VIENNA, Oct. 9 (Reuters) – Austrian conservative chancellor Sebastian Kurz resigned on Saturday to pull his coalition government from the brink of collapse after the junior party demanded his head because it was the subject of a investigation for suspicion of corruption.

The move by Kurz, who denies he has done wrongdoing, has satisfied his coalition partner, the Greens, and comes just three days before a special session of parliament in which they were set to support a motion of no confidence that would have forced him to withdraw. Read more

At the same time, his resignation is more a question of form than of substance in terms of policy. He plans to remain at the helm of his party and become its main legislator in parliament, and he is likely to continue leading the coalition.

“So I would like to give way in order to break the deadlock, avoid chaos and ensure stability,” Kurz said in a statement to the media.

He added that he was proposing that Foreign Minister Alexander Schallenberg, a career diplomat backed by Kurz’s party, take over as chancellor, whom the Greens quickly made known they accepted.

“I think this is the right step for the future work of the government,” Greens leader and vice-chancellor Werner Kogler said in a statement, adding that he had had a “very constructive” working relationship with Schallenberg and that he would meet him on Sunday.

A star among European conservatives known for his hard line on immigration, Kurz, 35, became one of the continent’s youngest leaders in 2017 when he formed a coalition with the Extreme Freedom Party right which collapsed in a scandal in 2019. Parliament sacked him but he won the early elections that followed.

He is so far undisputed at the head of the Popular Party (OVP) – he was reappointed in August with 99.4% support.


Austrian Chancellor Sebastian Kurz, who is under investigation for suspected corruption offenses, delivers a statement to the Federal Chancellery in Vienna, Austria on October 9, 2021. REUTERS / Lisi Niesner

“This resignation is not a real resignation,” said political scientist Thomas Hofer. “It is (formally) a step back in the second line but the power in the OVP and therefore within the government team of the OVP still belongs to Sebastian Kurz.”

Schallenberg, 52, who worked with Kurz when Kurz was foreign minister before becoming chancellor, is unlikely to lose the image of a man who owes his ministerial career to Kurz.

“Of course, he won’t do anything without agreeing with Sebastian Kurz first. He’s one of Kurz’s closest confidants,” Hofer said.

Prosecutors have placed Kurz and nine others under investigation on suspicion of breach of trust, corruption and bribery with varying levels of involvement.

Beginning in 2016, when Kurz sought to take over as head of the party, prosecutors suspect that the Tory-led Finance Ministry paid for manipulated polls and Kurz-friendly coverage to be published in a newspaper. Read more

Documents released as part of their investigation and published in Austrian media also included embarrassing and compromising text messages claiming that Kurz’s opponents displayed a lack of scruples and underhanded tactics.

Austrian media reported ahead of Kurz’s announcement that he would only step down temporarily. While Kurz did not say he said of his future: “Mostly … I will of course take the opportunity to rebut and refute the accusations that have been leveled against me.”

The political consequences, both in terms of the popularity of his party and its relations with the Greens, are not clear.

“Is it sufficient?” Liberal Neos leader Beate Meinl-Reisinger said at a press conference reacting to Kurz’s announcement.

“We know from the (investigative) documents that he bought himself a party, that he bought himself an election, that he manipulated and lied to people, and he did everything with it. ‘money from your taxes. “

Reporting by François Murphy, editing by William Maclean, Philippa Fletcher and Chris Reese

Our Standards: The Thomson Reuters Trust Principles.

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Family of Slaughtered Bihar Chaat Vendor in J&K Has Seven Mouths to Feed Sat, 09 Oct 2021 09:22:00 +0000

Politicians rushed to Lakhimpur Kheri in Uttar Pradesh, trying to outdo themselves by announcing compensation for those killed in Sunday’s violence. Notably, the state will go to the polls next year.

Neighboring Bihar, on the other hand, recovered from elections last year. Nonetheless, a devastated family in Bhagalpur awaits a visit or a word of condolence from domestic political journalists.

But, with the exception of a visit from an RJD deputy, Virendra Paswan’s family has been left out.

Paswan was among three people shot dead in assassinations targeted by terrorists in Srinagar, Jammu and Kashmir on Tuesday evening. A street vendor who made a living selling to chatter in the valley, Paswan was from the village of Vade Saidpur near Jagadishpur in Bhagalpur.

READ ALSO | Execution-type killings of minorities far from new in Kashmir

He had worked in Srinagar for two years and leaves behind a family of seven in Bhagalpur. And a debt of Rs 2 lakh taken for the treatment of his wife Putul Devi. It was Paswan’s income that kept the family afloat and helped pay off the debt.

READ ALSO | 59 civilians killed in J&K activism-related incidents, government data shows through March

Speaking to News18, Paswan’s son Vikram said the family expected him to be home for Durga Puja. “He had already booked his train ticket to go home. Tuesday evening around 9:30 pm, my uncle called me from Kashmir and told me that my father had been killed by terrorists, ”said Vikram, one of Paswan’s six children.

The government of Bihar has announced compensation of Rs 2 lakh for Paswan’s family and assistance provided under the relevant social assistance schemes. The Srinagar District Administration also provided ex gratia relief of Rs 1.25 lakh to the family. He provided additional financial assistance.

Despite the compensation, the family faces a bleak future with debts, medical bills, and daily survival competing for the family’s meager resources.

Readers who wish to help the Paswan family can use the following information to make direct deposits with Paswan’s wife, Putul Devi.

Name: Putul Devi

Bank: Bank of India, Jagdishpur

IFSC: BKID0005813

Account number: 581318210002193

Vikram Paswan contact number: 6205874935

Paswan was cremated in Kashmir instead of being taken home. Speaking to News18, his wife said the family wanted him to rest in Bhagalpur. “No one asked us, no one helped us. He was my husband. I could have seen him one last time if he had been brought back here.

Read all the latest news, breaking news and coronavirus news here. Follow us on Facebook, Twitter and Telegram.

]]> 0 A lawsuit alleges that the bank practiced a “redlining” Sat, 09 Oct 2021 06:19:04 +0000

INDIANAPOLIS – Indiana-based Old National Bank has been charged in a federal lawsuit of redlining in the Indianapolis area by offering a disproportionate number of mortgages to black borrowers, closing branches in predominantly black neighborhoods and giving black people less information during the mortgage application process.

The Fair Housing Center of Central Indiana, or FHCCI, filed a lawsuit Thursday after a years-long investigation into the financial institution and meeting with bank officials. According to the complaint, officials at private meetings did not deny the allegations of discriminatory lending practices.

“Old National structured its business to avoid giving access to mortgage credit to black residents and Indianapolis area neighborhoods and to discourage black residents from applying for mortgage credit,” says FHCCI in its lawsuit. “Old National deliberately seeks to limit its residential lending business to predominantly white areas and customers, and maintains policies and practices that effectively do so.”

Describing the bank’s conduct as a red line, FHCCI says Evansville-based Old National is in violation of federal fair housing law.

The lawsuit was filed Thursday in U.S. District Court for the Southern District of Indiana.

“During the period under review, Old National Bank has been one of the worst performers in providing mortgages to black home seekers in central Indiana,” said Amy Nelson, executive director of FHCCI, in a press release. “Old National’s peer lenders have done a much better job of meeting the credit needs of Black residents. “

Old National is the largest Indiana-based bank, with over $ 23 billion in assets. The financial institution rejected FHCCI’s allegations.

“Old National strongly and categorically denies the claims of the Fair Housing Center of Central Indiana regarding some of our lending practices,” the bank said in a written statement. “Old National is committed to fair and equitable lending practices. Because this is now the subject of an ongoing litigation, we are unable to comment further at this time. “

The complaint comes as the Indiana bank prepares to acquire Chicago-based First Midwest Bancorp. Claiming that the merger would dramatically expand Old National’s footprint and put even more communities at risk of redlining, CHF Canada calls on the Federal Reserve to conduct due diligence to ensure concerns about fair loans are addressed before approval of the merger.

Old National Bank has several branches in south-central Indiana, most notably in Columbus.

In its lawsuit, the FHCCI provides a detailed analysis of Old National’s lending practices in the metropolitan statistical area of ​​Indianapolis-Carmel-Anderson.

The geographic area is home to 2 million people, 305,000 of whom are blacks. Most of the black residents, 260,000, live in Marion County. In the two-year period from 2019 to 2020, Old National approved more than 2,250 mortgages across the region, but only 37 were made to black borrowers.

In Marion County, 3.86% of Old National’s mortgages went to black customers. In comparison, 14.73% of mortgage loans from peer institutions in Marion County for the same two years were made to black residents.

FHCCI argues that if Old National’s failure to provide loans to black borrowers was due to a lack of qualified borrowers, other Indianapolis MSA lenders would have similarly low minority loan levels.

“Old National’s product line and the much greater success of its peers in lending to black clients make it clear that the reason for the defendant’s abysmal loan record is his deliberate avoidance of black borrowers and neighborhoods,” what constitutes a red line, affirms FHCCI in its complaint. .

In addition, FHCCI points out that Old National has closed four branches in Indianapolis that were in census tracts containing at least 25% black. In addition, its four mortgage loan officers are located in an office on East 96e Street, far from neighborhoods where more black residents live.

FHCCI conducted two “matched pairs” tests in 2021, of white and black individuals posing as residents of Indianapolis looking for mortgages. The results, says FHCCI, further confirmed the bank’s “model and practice of redlining”.

According to the complaint, Old National loan officers gave the black testers less information, took them less seriously, and referred one of the testers to more expensive mortgage products. Conversely, loan officers gave white testers more detailed and useful product comparisons and analysis of their finances, additional information on loan options, and more meaningful follow-up contact.

FHCCI is asking the Southern Indiana District Court for a permanent injunction to prevent Old National from continuing to discriminate in mortgages. The nonprofit also wants the court to order the financial institution to take action to address the effects of the redlining.

RileyCate LLC law firm in Fishers represents FHCCI.

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How To Watch Kim Kardashian Host SNL Online Sat, 09 Oct 2021 03:30:22 +0000

Looking to watch Kim Kardashian on Watch SNL Online? We don’t know if this will be an Elon Musk level shipwreck or not, but we can certainly help you connect and see her host (and if she has any updates on her relationship with Kanye West. ).

Kim Kardashian anime Saturday Night Live: how to watch

Kim Kardashian’s episode of SNL airs tomorrow (Saturday, October 9) at 11:30 p.m. ET.
• US – Watch on NBC via Sling or Fubo.TV or on Peacock.
It will likely air in the UK on Sunday at 9 p.m. BST on Sky Comedy.

After Owen Wilson greeted SNL with lukewarm notes last week, we think Saturday Night Live will see more eyes – it definitely has more drama this week. But after the Musk episode, we wonder if Lorne Michaels’ show is entering an era of car crash.