FED’S $3 TRILLION IN EMERGENCY AID

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com FED’S $3 TRILLION IN EMERGENCY AID whatsapp KCS-content Ben Bernanke: Banks and firms used our temporary liquidity facilities 21,000 times during the crisisEUROPEAN banks were some of the biggest beneficiaries of the Federal Reserve’s $3.3 trillion emergency loan programmes during the darkest days of the financial crisis when the US central bank desperately tried to keep the global system functioning.The biggest release of data on crisis lending ever revealed by a central bank shows the breadth of the Fed’s support as lender of last resort with 21,000 transactions to financial firms, other central banks and companies between the beginning of December 2007 to the end of July this year unveiled.Among the transactions, which cover all but one of the Fed’s emergency lending programmes including direct liquidity injections and investments in key credit markets, Barclays Capital emerged as one of the biggest cumulative borrowers from the Primary Dealer Credit Facility (PDCF) providing access to overnight loans. The firm took 50 overnight loans of as much as $7.5bn. After it took over Lehman on 17 September 2008, it borrowed $47.9bn – the highest individual loan in the life of the PDCF. Barclays yesterday said that all the loans were repaid last year. Meanwhile, RBS had to borrow £36.6bn from the Term Auction Facility (TAF) Programme providing access to short-term one and three-month funding emphasising the squeeze in dollar liquidity after the collapse of Lehman. European banks also featured as five of the ten top users of the Fed’s Commercial Paper Funding Facility (CPFF), which bought high-quality three-month commercial paper from companies that had difficulty selling it with Swiss banking giant UBS tapping it for $37bn in October 2008. Belgium’s Dexia turned to the CPFF for $10.9bn in 2008 and Germany’s Commerzbank for $11.6bn. Senator Bernie Saunders, who pushed through the amendment to the Dodd-Frank law forcing the disclosure, said yesterday the “huge sum” that went out to foreign private banks and corporations was the “most surprising” element of the published data and demanded “an extensive look.”The data also revealed how Wall Street titans Goldman Sachs and Morgan Stanley were forced to turn to the Fed for aid – Goldman borrowed directly from the Fed 84 times when its overnight loans peaked at $18bn, while Morgan Stanley tapped it 212 times borrowing nearly $60bn.Companies such as GE also used the CPFF programme tapping the Fed for more than $12bn in total. And the Fed’s reach also extended to foreign central banks – with the European Central Bank using the Fed’s dollar liquidity swap 271 times in total. Sharecenter_img Wednesday 1 December 2010 9:31 pm whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Tags: NULLlast_img read more

Innscor Africa Limited (INN.zw) HY2016 Presentation

first_imgInnscor Africa Limited (INN.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2016 presentation results for the half year.For more information about Innscor Africa Limited (INN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Innscor Africa Limited (INN.zw) company page on AfricanFinancials.Document: Innscor Africa Limited (INN.zw)  2016 presentation results for the half year.Company ProfileInnscor Africa Limited manufactures and markets fast-moving and durable consumer products in Zimbabwe and exports to international markets. The company is primarily involved in maize milling and the production of stock feeds, edible oils, baker’s fat and pork products; as well as poultry, table eggs and day-old chicks. A subsidiary division manufactures and markets a range of plastic carry bags, televisions, refrigerators and other general household appliances and consumables such as rice, dairy, candles and beverages. Innscor Africa Limited was founded in 1987 and its operations comprise National Foods Holding Limited, Colcom Holdings Limited, Irvine’s Zimbabwe (Private) Limited, Bakeries, Appliance Manufacturing, Natpak (Private) Limited, Profeeds (Private) Limited and Probrands (Private) Limited. Innscor Africa Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Stock market crash: I’d invest £1,000 in these 3 recession-proof FTSE 100 stocks for my ISA today

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended GlaxoSmithKline and Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares See all posts by Manika Premsingh Simply click below to discover how you can take advantage of this.center_img They say that when the US economy sneezes, the world gets a cold. After all, it’s the largest single country economy t0day. If it’s in a poor state, the worlds feels the impact. For that reason, I like to keep an eye on latest developments there. This is especially true right now, when all countries are trying to climb out of a sudden recession that has impacted almost each and every FTSE 100 stock. Leading economic indicators still weakUnfortunately, the latest leading indicators of US economic health aren’t inspiring. Weekly jobless claims rose to 1.4m last week. Not only is this higher than economists expected, there’s also a break in the trend of falling initial claim numbers seen in the past weeks. High-frequency labour market data is critical right now, because it gives a constant account of how much activity is taking place in the economy. Rising jobless claims means that employers are laying off people, which suggests a weakening economy. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…When this is coupled with the UK’s already poor economic data, it suggests some more pain in store, even if for the short term. I think it’s a good idea to recession-proof an investing portfolio now. Investing £1,000 through a Stocks and Shares ISA is even better, to avoid additional tax liabilities, especially now when income insecurity is high for many. FTSE 100 stocks to buyOne FTSE 100 stock I like is the Anglo-Dutch consumer goods’ giant Unilever, which reported an earnings increase on Thursday despite a marginal sales decline. I like its earnings per share (EPS) growth of 6.4%, which gives comfort from the dividend perspective. Now, the ULVR dividend yield isn’t exactly impressive at 3.1%. But, at present, continuity counts for a lot. FTSE 100 companies have slashed dividends left, right, and centre, making it a hugely disappointing time for income investors. With an EPS increase, I think the ULVR dividend just became more secure. It’s long-term share price chart is also encouraging for growth investors. The FTSE 100 speciality chemicals and sustainable technologies company Johnson Matthey is another one to consider. Its latest update, also released on Thursday, shows weakness, but it’s an otherwise financially stable company. Its revenues are rising and it has also consistently made profits. For income investors, who may be left holding the bag in the wake of the recession,  JMAT’s dividends like ULVR’s, may also be some small consolation. The company has cut its dividends, but it still pays them and has a 2.5% yield. Finally, GlaxoSmithKline, the FTSE 100 pharmaceuticals and healthcare giant is a stock to buy. Its share price is relatively inexpensive, despite the spotlight it has found itself in recently while developing a Covid-19 treatment. Its price-to-earnings (P/E) is at 14.8 times, and this when it also has a dividend yield of 4.8%. The point I’m making here is this: there’s no dearth of high-quality FTSE 100 stocks that can be bought today to recession-proof a portfolio. And these are just three of them.   Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Manika Premsingh | Saturday, 25th July, 2020 Stock market crash: I’d invest £1,000 in these 3 recession-proof FTSE 100 stocks for my ISA today Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997”last_img read more

This is why FTSE 100 stock Pearson’s share price is rocketing!

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Royston Wild Simply click below to discover how you can take advantage of this. FREE REPORT: Why this £5 stock could be set to surge Get the full details on this £5 stock now – while your report is free. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Pearson. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment.center_img This is why FTSE 100 stock Pearson’s share price is rocketing! Royston Wild | Wednesday, 20th January, 2021 | More on: PSON Enter Your Email Address The Pearson (LSE: PSON) share price has been mighty buoyant in Wednesday trade. The educational materials specialist was 7% higher from last night’s close, thanks to a positive reception to fresh financials.At 726p per share, Pearson is now at its most expensive since September 2019. Here’s what the FTSE 100 share had to say for itself.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Sales fall by double digitsPearson said group sales dropped 10% during 2020, slightly better than what the market had been expecting. As a consequence, it said that full-year adjusted operating profit would range between £310m and £315m. This was bang in line with City consensus.The UK share said the impact of Covid-19 “has been felt most acutely across International and Global Assessment due to test centre and school closures, exam cancellations, reduced global mobility and international economic pressure on spending.”It added that the pandemic had hastened demand for digital learning, a phenomenon which resulted in a “strong” performance for its Global Online Learning division. Sales here soared 18% in 2020, thanks to strong enrolment numbers at new and existing virtual schools.It added that sales growth had been good at its Online Program Management arm which supports higher education.Strength across its digital operations was offset by significant weakness across its other divisions however. Revenues from its Global Assessment unit tanked 14% in 2020 as test centres and schools were closed. And North American Courseware turnover dropped 13% as higher-priced package and print sales kept declining.Meanwhile, International sales plummeted 19% due to “school and test centre closures and the continuing impact of Covid-19 on public and private spending on courseware and assessments.”In other news, Pearson said ongoing restructuring resulted in cost savings of £60m in 2020. It’s on course for a further £50m worth of savings this year too, it said. Net debt in 2020, meanwhile, came in around £100m better than the market had been expecting, at £500m.A bright future for Pearson?Andy Bird, chief executive of Pearson, commented that “despite facing significant uncertainty, our teams have been laser-focused on closing out 2020, enabling us to report sales and profit for 2020 in line with expectations.” He added: “Uncertainty remains in the near term as a result of the ongoing pandemic, with further lockdowns, exam cancellations and reduced global mobility.”In brighter news, Bird added he is “excited” about the company’s future as online learning takes off. He pointed to several key hires which the FTSE 100 company made towards the end of 2020 “to accelerate our digital growth.”And Pearson’s chief exec affirmed plans to move to a more consumer-focussed approach, one that “[targets] the incredible opportunity that exists to have a direct relationship with millions of lifelong learners.”City analysts reckon Pearson will enjoy a 47% earnings increase in 2021. They predict annual profits will rise 10% the following year too. On current projections, this UK share trades on a forward price-to-earnings (P/E) ratio of around 19 times. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images last_img read more

Affordable Housing in Zurich / Gus Wüstemann

first_imgAffordable Housing in Zurich / Gus WüstemannSave this projectSaveAffordable Housing in Zurich / Gus Wüstemann Area:  1115 m² Year Completion year of this architecture project ArchDaily 2019 Projects Products translation missing: en-US.post.svg.material_description “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912032/affordable-housing-in-zurich-gus-wustemann Clipboard Year:  Affordable Housing in Zurich / Gus Wüstemann Manufacturers: Louis Poulsen, Sky-Frame, Atlas Schindler, Fiechter + Fuchs, Persiana Barcelona, Schenker Storen, Agosti, Cremer Bruhin, Gautschi Fensterbau, Heierli Partner Haustechnik, Kurtisi, MARTI Komfortlüftung & Bauspenglerei, R+R Metallbau, Schaub, Züri Elektro Photographs “COPY”center_img Save this picture!© Bruno Helbling+ 45Curated by Paula Pintos Share Apartments Lead Architects: Switzerland Photographs:  Bruno Helbling Manufacturers Brands with products used in this architecture project CopyApartments, Sustainability•Zúrich, Switzerland Architects: Gus Wüstemann Architects Area Area of this architecture project Products used in this ProjectLightsLouis PoulsenLamps – AJ CollectionDoorsSky-FrameFrameless Sliding Doors – Sky-Frame OriginalCivil Engineer:Born Partner AGHlsk Planer:Frei + PartnerBuilding Physicists:Gartenmann Engineering AGBuilder:Corti AGCarpenter:Ernst WielandClient:Baechi FoundationTeam:Bianca Kilian, Daniel Pelach, Panagiota Sarantinoudi, Valentin KokudevCity:ZúrichCountry:SwitzerlandMore SpecsLess SpecsSave this picture!© Bruno HelblingText description provided by the architects. The Baechi Foundation contracted gus wüstemann architects to build a housing block in Zurich with a high living quality on a low budget.Save this picture!© Bruno HelblingContext This housing project is a building of nine flats in the outer green belt of Albisrieden in the city of Zurich. The urban structure is characterized by simple linear buildings from the 1950s with generously sized gardens, which are arranged at right angles to one another. The new building is inside such a green area as part of the rising density within the city, a solitaire, in between the linear buildings. The Baechi Foundation specifically asked for affordable housing with a great quality of living in the center of Zurich. Natural light, privacy and a spatial moment of generosity, were the focus of this project.Save this picture!© Bruno HelblingSave this picture!Typical Floor PlanSave this picture!© Bruno HelblingEthical Evidence in Contemporary Housing – SustainabilityThe project Langgrütstrasse 107 should prove that by targeting interventions in light and space and at the same time reducing common standards, great and lively spaces are possible. This without any additional economical effort. In today’s world, it takes a rethink. Sustainability in the sense of less for the individual, but more for the community is becoming increasingly important.Save this picture!© Bruno HelblingIn architecture, here in housing construction, we show with this project – how the shift of the focus, away from connotations and standards – to space, momentum and room quality, makes this possible. These are four two-bedroom apartments of 60m2 and five three-bedroom apartments of 95m2 each.Save this picture!© Bruno HelblingLow Budget – Architecture for Everybody The rents had to be affordable and so all the flats were rented out considerably cheap – the rent is amongst the cheapest in the city of Zurich – Architecture for a low Budget – Architecture for Everybody.Save this picture!© Bruno HelblingMorphologyMorphologically it is a solid concrete block, organically formed, from which two courtyards were cut out. In these courtyards, the living spaces float like bridges, from the morning sun to the evening sun. A continuous space that topographically creates the feeling that the living space is an exterior space – and not an interior space filled up with the housing program.Save this picture!© Bruno HelblingThis results in an incredible moment of magnitude in a small space. Hence there is a generous open living space – which can be enlarged to the periphery of the balconies and sheltered by the famous wooden persianas from Barcelona. Economically optimized interventions by reducing all the technical installations of the building to a minimum – in Swiss standards – we focus on a couple of interventions that add major value to the quality of the living space. These are sliding windows and a built-in bench as the communicative element of the concrete topography.Save this picture!© Bruno HelblingConcrete Topography and SensualityThe periphery of the living space is topographically processed and makes the space-limiting elements communicative. Therefore, the building elements and especially the periphery of the space is not a parting wall, but a topographically shaped protagonist – the topography incorporates programmed like wardrobe and living room bench. The bathroom of the 3-bedroom flat is separated from the common area by a sliding door, that does not touch the floor. It keeps the space floating as a common space, what it is and at the same time gives all the intimacy you need.Save this picture!© Bruno HelblingThe entrance to each flat is guided by a condensed massive concrete beam, that catches the moment of entry. The concrete bench growing out of the bathroom wall creates a common space just at the entry of the bath sliding door, there is a moment of program intersection. The concrete floor floats in all the bedrooms, letting the common space flow and then inside the room a wooden floor implicates another level of intimacy.Save this picture!© Bruno HelblingProject gallerySee allShow lessSede Lineastudio Arquiteturas / Lineastudio ArquiteturasSelected ProjectsJoin the Architectural Association El Alto 2019WorkshopProject locationAddress:Zúrich, SwitzerlandLocation to be used only as a reference. It could indicate city/country but not exact address. Share Gus Wüstemann / Bianca Kilian – Project leading Architect ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912032/affordable-housing-in-zurich-gus-wustemann Clipboard CopyAbout this officeGus Wüstemann ArchitectsOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsSustainabilityZurichZúrichSwitzerlandPublished on February 25, 2019Cite: “Affordable Housing in Zurich / Gus Wüstemann” 25 Feb 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Window Film in MarkthalBathroom AccessorieshansgroheBath & Shower ThermostatsCabinetsFlorenseCabinet – FloAirWood Boards / HPL PanelsBruagStair Railing – CELLON®LightsLouis PoulsenOutdoor Lighting – Flindt GardenBathroom AccessoriesBradley Corporation USAHigh Speed Hand Dryers – Aerix+BoardsForestOneLaminate – EGGER laminatesAcousticSchöckStaircase Insulation – Tronsole®Metal PanelsRHEINZINKPanel Systems – Horizontal PanelWall / Ceiling LightsA-LightAccolade Wall Light at River Dental OfficeBricksStröherClinker Brick Slips – StiltreuMore products »Save想阅读文章的中文版本吗?苏黎世经济适用公寓楼/ Gus Wüstemann是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

#NoDAPL water protector sentenced to 57 months

first_imgRed Fawn Fallis being arrested.#NoDAPL water protector Red Fawn Fallis was sentenced July 11 to 57 months in prison by a federal judge in North Dakota. She was given 18 months’ credit for time served prior to trial, and will have three years of probation supervision after her release. She and her family await news of where she will serve time, possibly in Arizona.Red Fawn had previously accepted a plea agreement that included two federal felony convictions — civil disorder and possession of ammunition by a previously convicted felon — in return for dropping a more serious weapons charge that would have carried a minimum prison sentence of 10 years.Her charges resulted from the Oct. 27, 2016, militarized police attack on the 1851 Treaty Camp near Standing Rock, directly in the path of the Dakota Access oil pipeline (DAPL). Red Fawn was tackled by several cops, who then claimed that she had a gun and fired it during that time.As it turned out, the gun belonged to Heath Harmon, a paid FBI informant who had weaseled his way into Red Fawn’s life as her boyfriend and into her family’s good graces. Many believe this spying was done to try and obtain information through Red Fawn about actions and plans at the #NoDAPL camps. Red Fawn, who is from the Pine Ridge Reservation and also Denver, Colo., comes from a proud line of American Indian Movement activists.Red Fawn understood clearly that there could be no justice for an Indigenous woman in any court in North Dakota. Her lawyers were told they could not introduce evidence at trial about relevant subjects such as treaty rights and the FBI informant who targeted Red Fawn and likely planted the gun at the time of her arrest.The prosecution refused to produce important evidence that might have cleared Red Fawn. As a result, she accepted a plea deal that would eliminate the more serious weapons charge, out of concern that otherwise she would be found guilty and sentenced to more than 10 years.More ‘civil disorder’ chargesAs an Indigenous woman, Red Fawn is being severely penalized for daring to defend treaty rights, protect the water and stop the Dakota Access Pipeline. Since the beginning of settler colonialism, Indigenous women have been viewed with utter contempt, and their countless efforts to defend their land and families have been harshly repressed and punished.While the #NoDAPL encampments began at Standing Rock more than two years ago, the court cases are continuing to snake through the courts. Indigenous defendants are being hit with the most severe charges and prison terms. Dozens more water protectors still face state charges, and several face federal charges that carry the potential of spending decades in prison if convicted.Michael “Little Feather” Giron was sentenced on May 30 to a 36-month federal prison term for “civil disorder.”Michael “Rattler” Markus awaits sentencing on Sept. 27. Under his plea agreement, there will be a joint recommendation of 36 months in prison for “civil disorder.”Dion Ortiz is awaiting sentencing on Oct. 22. Under his plea agreement reached on July 17, prosecutors will recommend up to 36 months in prison for “civil disorder.”James “Angry Bird” White entered into a noncooperative plea agreement in July for a sentence of time served plus 12 months of home confinement for “civil disorder.”‘Water Is Life!’ struggle continuesThe cops and federal government intended all their brutality and arrests to put a damper on water protectors during the time of the widespread international effort to stop the Dakota Access Pipeline. Water protectors were arrested by the hundreds, attacked by dogs, sprayed with mace and pepper spray over and over, hit with concussion grenades and rubber bullets, seriously injured, denied medical care, strip-searched and placed in dog cages upon arrest.The militarized attacks against the camps at Standing Rock were part of a centuries-old history of government repression directed against Indigenous people who defend their lands.Once again, that repression has backfired. Resistance continues to grow. From British Columbia to Louisiana, from the nation of Colombia to Minnesota, pipeline fighters and water protectors continue to spring up everywhere. Throughout Turtle Island, Indigenous people and allies rise together to say, “Water Is Life!”Part of supporting that resistance is to ensure that our political prisoners are never forgotten or left behind. For updates and information about how to contact Red Fawn and other #NoDAPL political prisoners, go to tinyurl.com/y8qlcb23/.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

DS News Webcast: Thursday 5/29/2014

first_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Featured, Media, Webcasts The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago DS News Webcast: Thursday 5/29/2014 The Best Markets For Residential Property Investors 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Previous: Home Price Appreciation Accelerates; Foreclosure Sales Slow Next: LenderLive Names New VP of National Sales  Print This Postcenter_img Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: DSNews Home / Featured / DS News Webcast: Thursday 5/29/2014 2014-05-29 DSNews Sign up for DS News Daily Is Rise in Forbearance Volume Cause for Concern? 2 days ago May 29, 2014 523 Views U.S. residential properties sold at an estimated annual pace of 5.2 million in April, according to RealtyTrac’s April 2014 Residential & Foreclosure Sales Report. The median sales price of both distressed and non-distressed properties was $172,000 for the month, an increase of 4 percent from March. April’s increase was the biggest year-over-year increase since U.S. median prices bottomed out in March 2012, according to RealtyTrac.Short sales and foreclosures declined for the month, dropping to 15.6 percent of all sales in April, down from 16.5 percent of all sales in March. Short sales and distressed sales are down yearly from 17.2 percent in April 2013. The metro area with the highest share of combined short sales and distressed sales was Las Vegas, Nevada at 37.7 percent. Rounding out the top five metros are Stockton, California; Modesto, California; Lakeland, Florida; and Orlando, Florida.The Federal Housing Finance Agency released its latest Refinance Report, which reported that approximately 77,000 refinances were completed through the Home Affordable Refinance Program, or HARP, in the first quarter of 2014. 3.1 million refinances have been performed using HARP since the program’s inception. The first quarter of 2014 marks the fourth straight quarter that total refinances and HARP refinances have declined. The report attributed the decline to March’s rising interest rates. Demand Propels Home Prices Upward 2 days agolast_img read more

CFPB Addresses Regulating Consumer Access to Financial Data

first_img October 22, 2020 1,132 Views The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: CFPB Dodd-Frank Act Rule  Print This Post Subscribe Related Articles Previous: Serious Delinquency Rate Improves for First Time Since March Next: Stimulus Could Help Keep American Economy ‘Afloat’ Data Provider Black Knight to Acquire Top of Mind 2 days ago CFPB Dodd-Frank Act Rule 2020-10-22 Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Phil Hall CFPB Addresses Regulating Consumer Access to Financial Data  Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago The Consumer Financial Protection Bureau (CFPB) has issued an advance notice of proposed rulemaking (ANPR) requesting input on regulating consumer access to financial records. With the ANPR, the CFPB is looking for suggestions on how the agency could most efficiently and effectively develop regulations implementing Section 1033 of the Dodd-Frank Act, which focuses on consumer rights regarding the access of financial records. The agency added the ANPR is specifically seeking comments and information on costs and benefits of consumer data access, competitive incentives, standard-setting, access scope, consumer control, and privacy and data security and accuracy. “When consumers use financial products and services, the providers of those products and services generally accumulate data about those consumers and their use of those products and services,” the CFPB said in a press statement. “Consumer access to these data allow consumers to manage their financial accounts and can enhance consumers’ control of their financial matters. Consumers may realize these benefits by authorizing third parties to access these data on their behalf and allowing those third parties to deliver new or improved financial products and services. Use cases for consumer-authorized data include personal financial management, making and receiving payments, assisting consumers with improving savings outcomes, underwriting credit, and many other services.”In February of this year, the CFPB hosted a symposium titled “Consumer Access to Financial Records and Section 1033 of the Dodd-Frank Act.” In the report issued after the symposium’s conclusion, the CFPB observed that while consumers’ ability to access their financial records in electronic form “empowers them to better monitor their finances” while encouraging financial services companies to make the consumer experience more efficient, it also determined that “this kind of expanded access to consumer financial records raises a number of concerns, particularly with respect to data security, privacy, and unauthorized access.” The ANPR comments are due within 90 days after its publication in the Federal Register, with the ANPR identified by Docket No. CFPB-2020-0034 or RIN 3170-AA78.  The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / CFPB Addresses Regulating Consumer Access to Financial Data  Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featuredlast_img read more

Artificial Intelligence: A Friend Or Foe For The Legal Industry?

first_imgColumnsArtificial Intelligence: A Friend Or Foe For The Legal Industry? Preeti Ahluwalia26 May 2020 1:32 AMShare This – xArtificial Intelligence (AI) is the most trending topic around the world these days,1 with multiple industries exploring their possibilities2 and its use cases emerging almost every day.3 The old and monotonous manual jobs requiring large numbers of skilled labours and workers are now can be done in just seconds with the help of computers.4 As technology advances it has paved a new…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginArtificial Intelligence (AI) is the most trending topic around the world these days,1 with multiple industries exploring their possibilities2 and its use cases emerging almost every day.3 The old and monotonous manual jobs requiring large numbers of skilled labours and workers are now can be done in just seconds with the help of computers.4 As technology advances it has paved a new concept commonly known as “Artificial Intelligence”. Quickly after its inception AI has paved its way into different areas. Similarly the legal profession is also getting affected by the advancement of this technology and much truly has gone through an adoption of AI.5 But what is AI, and what is its relation to the practice and administration of law? The purpose of this article is to address those questions by providing an in-depth overview of AI and its use within law. This article aims to contribute to the body of knowledge of Law and technology. “AI is not a story of Human vs. Machine.6 Rather, it’s human and machine vs. the problem.”7 History of AI? In 1956, John McCarthy commonly known as the ‘Father of AI’8 articulated his notion of what is called AI in his first academic conference famously known as ‘the Dartmouth Conference’.9 Later Alan Turing, a great mathematician10 introduced the idea of whether if it is possible to make machines have the same ability to think and learn by itself. He was able to put his theories and questions into actions by testing whether “machines can think and operate like human being”? After series of testing (which was later known as Turing Test) it turns out that it is possible to enable machines to think, learn and operate just like human beings.11 The Turing Test uses the pragmatic approach (something that is based on practical considerations, rather than theoretical ones) to be able to categorize if machines can respond as humans.12 What is AI? AI is basically the area of study that defines the capabilities of machine learning just like humans and the ability to respond to certain behaviors.13 AI is designed using various algorithms that help the system to determine the probable answer, which will basically tell the system what to expect and work accordingly.14 All machines and software that use AI behave and interact like humans. Just the way humans need time and experience to grow physically and mentally, AI also needs time. It keeps developing with the experiences by storing data and applying it in future whenever necessary. AI technology has advanced and developed a large number of tools to solve the most difficult problems in computer science, i.e., logic, NLP (National Language Processing), control theory, search and optimization, probabilistic methods for uncertain reasoning and many more.15 Currently, AI is being used in many areas, for instance, autonomous vehicle (drones and self-driven cars),16 Airport Security (Face detection),17 medical (diagnose of disease and design new drugs),18 playing games (chess),19 search engines and recommendations (Google search, YouTube, Amazon), online assistant (Siri, Alexa),20 Credit risk assessment,21 Photography (AI-powered cameras, portrait mode detecting depth in Android phones),22 Instagram application using machine learning to find and search function, target advertising, fight cyber bullying and removing of offensive comments on the posts,23 Uber cabs request for Demand-Supply, optimal pickup points, expected time of arrival for rides.24 In short, applying a brain into machines that allow them to take decisions by themselves is the literal meaning and purpose of AI. AI’s presence, contribution and impact in the Legal Industry At its core, ‘AI and law’ are mainly concerned with applications of computer and mathematical techniques to make law more logical, convenient, beneficial, accessible, or probable.25 Theories of legal decision making, particularly argumentation model, is helpful for informed representation;26 the model of social organization has contributed to multi-agents systems; reasoning with legal cases has impacted to case-based reasoning;27 and the need to store and retrieve large amounts of textual data has resulted in contributions to conceptual information retrieval and intelligent databases.28 With that notion, one might trace the roots of similar ideas back to Gottfried Leibniz (a mathematician known for calculus and also a trained lawyer who researched how numerical formulas might improve the law) in the 1600s.29 The terms AI & Law was first used in the 1970s by Buchanan and Headrick.30 The period includes Thorne McCarty’s significant TAXMAN project,31 which was concerned with the modeling of the majority and minority arguments in a US Tax law case32 in the USA33 and Ronald Stamper explored LEGOL project that attempted to provide a formal model of the norms that administer the organization in the UK.34 In 1980, Carole Hafner’s did some amazing work in this field, which included work on conceptual retrieval,35 and Anne Gardner’s computational model is much discussed in jurisprudence, which helped differentiating between easy and hard case laws.36 In 1987 a periodic conference, the International Conference on AI and Law (ICAIL), was formed, which is contended to be the foundation of AI and Law community. This conference was the main place for announcing and developing ideas within AI and Law,37 which later in 1991 led to the foundation of the International Association for Artificial Intelligence and Law (IAAIL).38 Examples in AI and Law include Valente’s functional ontology (the term ‘ontology’ refers to the study of conceptualisation) and since then Legal ontologies have become the topic of regular workshops at AI and Law conferences.39 In 2018, a study depicted that LawGeex, which is an AI contract review platform, tried it on human Lawyers and surprisingly the system achieved an accuracy rate at 94% surfacing risks in Non-Disclosure Agreements (NDAs) in comparison to experienced human lawyers who average out at an 85% accuracy for the same task. The legal AI system took 26 seconds to complete the review whereas the human lawyers took an average of 92 minutes.40 The companies are using AI on their daily legal works, including drafting and assessing contracts, mining documents in discovery, answering regular questions or examining data to predict outcomes.41 Legal AI means lawyers are gradually determined on the current realities and future of the law, rather than just the examples of the past.42 Despite defeating lawyers at smaller tasks, experienced and educated lawyers are still required as trusted advisers in important deals. The goalmouth is to use AI as well as human brain to ensure that research is done more precisely and more consistently than a human or technology alone.43 Pros and Cons of AI Technology in the Legal Industry Half of the world is trying to convince others that AI is an ‘enemy’ for the legal industry whereas few have already proclaimed it as a ‘friendly’ tool. Therefore, the sole objective of this part is to throw some light on both of these perspectives in the form of pros and cons. A. Pros: i. Due diligence reviews – ‘Due diligence’ is one of the main responsibilities that lawyers perform on behalf of their clients viz, the validation of facts and figures, carefully assessing risks, and structuring an agreement. This process is needed for advising clients about all the possible options they have, and what actions they should take. Generally lawyers conduct a comprehensive analysis (from collecting documents to examining each text for key data points) for meaningful outcomes. As such, lawyers are also prone to mistakes and inaccuracy when analyzing spot checks. On the other hand, technological advancement have changed the way many MNCs conduct due diligence. With AI technology, the work can remarkably be done faster, while guaranteeing greater accuracy in their reporting and saving lawyers time and energy that can be used more productively elsewhere. There are numerous tools (example, iManage Diligence Engine, Kira Systems, LawGeex, Legal Robot, Casetext) that can automate this process using AI technology.44 ii. Legal Research & Time Saving – Another evident advantages of AI is legal research and time consuming quality. AI driven legal research has a great potential in reducing the time required to prepare quality research. In today’s legal panorama, clients expect to get the best opinion possible at a reasonable price. Companies and law firms that adopt AI legal research software are being proactive at guaranteeing their clients walk away knowing they have received the best legal opinion without paying extreme legal fees.45 iii. Prepare and create contracts – Another benefit of AI devices is that they can create contracts by utilizing effective tools. These devices act as a self-service tool for clients, for example, Contract Express, which is contract automation software that helps the client to create and produce agreement they require, enter few terms and conditions, and the structure will deliver a standard shape understanding prepared to go.46 iv. Error detection and reduction – With AI coding, it is now possible to look at the organization records like posts, reports and unstructured information and detect unpleasant conduct before it can rise to the surface.47 There are numerous other advantages of AI, for instance, it improves organizational and logical structure, which help lawyers recognize gaps and holes in their reports and even in their legal research. Further the most significant benefit of AI is that it reduces lawyers stress in many ways, for example, research, documentation, editing, assembling can be tedious and time-consuming task.48 With the help of AI all that hard work can lessen the pressure and this in turn, can enhance the creative analysis of lawyers. Further, prediction technology has the capability to analyse data to help it make predictions about the outcomes of the cases, legal analytics used to determine trends and patterns from precedent laws, judges’ history and win/loss rates. AI tools help in providing insight into the IP portfolios, and most importantly electronic billing, which help lawyers in preparing the invoices as per the work done by them.49 B. Cons: i. Taking away of jobs – As said by Sundar Pichai, the CEO of Google, “In the next decade, Google will shift from mobile-first to AI-first” (that’s why Google Assistant is designed, which allows people to have a natural conversation between you and Google. AI could replace the jobs of office clerks, administrators, customer service representatives, analysts, and underwriters in the next decade.50 As per the data, it is estimated that nearly around 100,000 legal-related jobs will be automated by 2036 because of AI.51 There are numbers of AI devices that are replacing jobs in the legal sector; for example, an Australian legal tech company has built an aprototype virtual lawyer using Amazon’s Alexa that can create legal documents much faster than an actual lawyer.52 Major law firms are using AI machine learning as machines can look over many thousands of reports and locate the applicable data for a case much faster than a human can.53 ii. Things can possibly go wrong – If untrained professionals at the lower level are working and using the technology then there are chances that many errors and mistakes can occur. iii. Vulnerable to attack – Experts are concerned about the cyber security, which may not be as impactful as depicted. iv. Economic problem – AI being a handy tool brings a lot of expenses too. From its formation, repairing, to programming checks, it requires tremendous expenditures, as they are exceptionally complex machines. On account of serious breakdowns, it may require tremendous time and cost to retrieve the lost codes and reinstating the entire framework.54 How the various pros can overshadow the cons? So far we have discussed about the various aspects of AI on the Legal Profession including its pros and cons. Now we shall focus on how the various pros can overcome the cons as discussed in the earlier part of the article, which AI is deemed to have on the legal industry. Nowadays, there is a burning question as well as the biggest fear among the lawyers that whether the introduction of AI technology in the legal domain would replace the lawyers? And in turn, use of AI based solutions and platforms would increase the productivity and efficiency of the legal domain. The legal industry has seen much of the technological advancement in terms of contract analysis, trademark search software, legal research software and much more. However, none of these AI based solutions plan to take a lawyer’s job, rather they increase the authencity, accuracy of research and analysis in many different ways. In an article, it can be seen that the legal domain is likely to be effected by just 3.25%, which is among the lowest in the list.55 AI will not replace Lawyers, but in the upcoming years, lawyers who will use this technology will definitely replace those who don’t use it. Now answering the question about trained lawyers losing their jobs. In a nutshell, if the research and documentation process is been done by the machines, the trained professionals can focus on the other important tasks for instance, preparing for better arguments, case reports; maintain good client relations, etc.56 Another issue, which the people believe to have on the use of AI is that if it is used by untrained professionals. As per the data, a study shows that the technologies margin of error would be reduced from 3% to +-0.01%.57 The last con on, which the people argue in against of using AI is its tremendous cost that this tech brings along as an economic burden. With the saving of money in terms of the salary paid to the paralegals and researchers can be utilized and revenue generation can increase. Above all, AI tends to save a lot of time of lawyer’s. It is cost effective, which enables the law firm to generate more revenue. The AI helps the lawyer to maintain good client relations. If the work, which takes upto 10-12 hours to complete, it can be done within few seconds with the adoption of AI technology. Legal Framework in India India, being a developing nation, has a considerably huge population and people outstripping in the field of Law and Technology. The Ministry of Industry and Commerce in India, has constituted 18-member task force titled, “Task Force on AI on India’s Economic Transformation”58 to explore all the possible outcomes and in 2018 the task force has given a detailed report providing steps to be taken with regards to the formulation of an comprehensive policy on AI in India. Task Force has also recommended to the Department of Industrial Policy and Promotion (DIPP)59 to set up and fund an Inter-Ministerial national AI Mission, for a period of 5 years, with funding of around 1200 crores, to act as a nodal agency to co-ordinate all AI related activities in India.60 Setting up of data banks and ombudsman will be the duty of Ministry of Electronics and Information Technology (MeitY). While DIPP will look after the formulation and implementation of the regulations related to ownership, privacy and security.61 The report also proposes to Bureau of Indian Standards to ensure that India participates and implements all the required norms with regard to AI systems.62 The report also suggests that DIPP and MeitY should work towards the enactment of policies namely, policy with data, which deals with ownership, sharing rights and usage data and tax incentives for income from AI applications. Ministry of Human Resource Development and Ministry of Skill Development and Entrepreneurship should look after education curriculum to develop adequate human resources with required skill sets to meet the growing demands of professionals who can handle AI systems.63 Finally the report proposes for inter-ministerial collaborations to ensure that India actively participates in all the meetings and conferences on AI conducted at international forums.64 There are few conferences that are taking place in India, like, The Machine Conference 2020, Data Science Congress 2020, The Rising 2020, Gartner Data & Analytics Summit 2020.65 India has taken many initiatives for the formulation and implementation of AI. Though, the liability and punishment part of this technology is lacking, as there is no legal personality as of now. There are number of theories suggesting on how AI can be brought under criminal and civil law: for instance, Natural consequence theory where the user will be held accountable for their negligent rational state, innocent agent theory where the programmer will be held liable and direct approach theory where independent AI entitiy will be responsible for its own act. Tort of negligence would require establishing that AI owned a duty to take care, a duty towards the plaintiff, and damage was caused to the plaintiff due to breach of such duty by AI. Since machines have been treated as consumer products therefore, strict liability rule has been assigned to the manufacturers. At present, AI entity is not held liable due to lack of a legal personality.66 The goal of this article was to provide a realistic and demystified view of AI and law. The purpose of applying AI based legal solutions and deep machine learning methods is to increase the overall performance of legal systems. From the aforementioned discussions, it can be concluded that if the lawyers and law firms use AI technology, it is going to improve the efficiency in research process, the use of software can pacify the process of document review, a lot of resources will be saved in form of time and money. The world is changing with increase in technological advancements. AI is leading in multiple sectors by automating jobs of legal professionals at a certain level, but this won’t up take their jobs instead it will lead them to various different roles. It is difficult to make a statement about how the whole process of AI in the legal industry will look after a couple of decades but as of now it can be said that the adoption of AI in the legal industry is worth a shot. The innovation of every technology comes with some issues, but that doesn’t mean it’s useless. It is very important to comprehend the new technology in well timed and suitable regulatory framework is established so that the entire world does not miss out from a gigantic opportunity.Views Are Personal Only Endnotes [1] Sonia K. Katyal, Private Accountability in the Age of Artificial Intelligence, 66 UCLA L. REV. 54 (2019) [2] Michael Cross, Top 5 sectors using artificial intelligence, raconteur (Dec. 15, 2015), https://www.raconteur.net/technology/top-5-sectors-using-artificial-intelligence [3] Gaurav Batra, Andrea Queirolo, and Nick Santhanam, Artificial Intelligence: The Time to act is now, McKinsey & Company (Jan, 2018), https://www.mckinsey.com/industries/advanced-electronics/our-insights/artificial-intelligence-the-time-to-act-is-now [4] Dom Galeon, An AI Completed 360,000 Hours of Finance Work in Just Seconds, Futurism (Mar. 8, 2017), https://futurism.com/an-ai-completed-360000-hours-of-finance-work-in-just-seconds [5] Nick Ismail, Artificial intelligence in the legal industry: Adoption and strategy – Part-1, Information Age (Aug. 6, 2018), https://www.information-age.com/artificial-intelligence-in-the-legal-industry-123473948/ [6] Aurecon, Artificial intelligence vs human intelligence – a competition or collaboration?, Aurecon https://www.aurecongroup.com/expertise/digital-engineering-and-advisory/artificial-intelligence-vs-humans [7] Vasanth Kumar, Artificial Intelligence vs Human Intelligence, great learning blog (Mar. 19, 2020), https://www.mygreatlearning.com/blog/artificial-intelligence-human-intelligence/ [8] V. Rajaraman, John McCarthy – Father of Artificial Intelligence, 198 (Mar, 2014), https://www.ias.ac.in/article/fulltext/reso/019/03/0198-0207 [9] See in John McCarthy et al., A Proposal For the Dartmouth Summer Research Project on Artificial Intelligence August 31, 1955, AI Magazine, 2006 at 12 [10] James Grime, What did Turing do for us?, NRICH (Feb, 2012), https://nrich.maths.org/8050 [11] B.J. Copeland, Alan Turing and the beginning of Artificial Intelligence, Encyclopædia Britannica (Mar. 24, 2020), https://www.britannica.com/technology/artificial-intelligence/Alan-Turing-and-the-beginning-of-AI [12] Dave Roos, How Alan Turing and his test became AI Legend, howstuffworks (May. 22, 2019), https://electronics.howstuffworks.com/future-tech/alan-turing-test.htm [13] Jean-Paul Haton, A brief introduction to artificial intelligence, Science direct assests (2006), https://www.sciencedirect.com/science/article/pii/S1474667015330226 [14] Fahrettin Filiz, Artificial Intelligence Algorithms, towards data science (Mar. 31, 2017), https://towardsdatascience.com/4-1-artificial-intelligent-algorithms-aff1a1ca910a [15] Zoublin Ghahramani, Uber AI IN 2019: Advancing Mobility with Aritificial Intelligence, Uber Engineering (Dec. 18, 2019), https://eng.uber.com/uber-ai-blog-2019/ [16] Noah Rue, AI, Self-Driving Cars, and Lyft/Uber: Helpful or Harmful?, M (Dec. 21, 2018), https://becominghuman.ai/ai-self-driving-cars-and-lyft-uber-helpful-or-harmful-a85b90c81ac0 [17] Millicent Abadicio, Facial Recognition at Airport – Current Applications, Emerj: The AI Research and Advisory Compliance (Nov. 22, 2019), https://emerj.com/ai-sector-overviews/facial-recognition-at-airports-current-applications/ [18] Nicola Davis, AI equal with human experts in medicial diagnosis, study finds, The Guardian (Sep. 24, 2019, 23:30 BST), https://www.theguardian.com/technology/2019/sep/24/ai-equal-with-human-experts-in-medical-diagnosis-study-finds [19] James Somers, HOW THE ARTIFICAL-INTELLGENCE PROGRAM ALPHAZERO MASTERED ITS GAMES, The New Yorker (Dec. 28, 2018), https://www.newyorker.com/science/elements/how-the-artificial-intelligence-program-alphazero-mastered-its-games [20] R.L. Adams, 10 Powerful Examples of Artificial Intelligence in use today, Forbes (Jan. 10, 2017, 08:32 AM), https://www.forbes.com/sites/robertadams/2017/01/10/10-powerful-examples-of-artificial-ntelligence-in-use-today/#510ac359420d [21] Nadège Grennepois and Erwan Robin, Explain Artificial Intellgence for Credit-Risk Management, Deloitte(July,2019),https://www2.deloitte.com/content/dam/Deloitte/fr/Documents/risk/Publications/deloitte_artificial-intelligence-credit-risk.pdf [22] Sam Byford, How AI is changing photography, The Verge (Jan. 31, 2019, 8:00 AM EST), https://www.theverge.com/2019/1/31/18203363/ai-artificial-intelligence-photography-google-photos-apple-huawei [23] Staff Reporter, How Instagram uses Artificial Intelligence in 2019, The Science Times (Nov. 29, 2019, 06:27 PM EST), https://www.sciencetimes.com/articles/24361/20191129/instagram-uses-artificial-intelligence-2019-works.htm [24] Jamal Robinson, How Uber organizes around Machine Learning, Medium (Feb. 4, 2019), https://medium.com/@jamal.robinson/how-uber-organizes-around-artificial-intelligence-machine-learning-665cdeb946bc [25] See V. Vaissnave and P.Deepalakshmi, An Aritifical Intelligence based Analysis in Legal Domain, 9 International Journal of Innovative Technology and Exploring Engineering (IJITEE) 1046 (2019) [26] See Marcello Di Bello and Bart Verheij, Evidence & decision making in the law: theoretical, computational and empirical approaches, Artificial Intelligence and law 28, 1-5 (2020), [27] See David Fitoussi and Moshe Tennenholtz, Choosing social laws for multi-agent systems: Minimality and simplicity, Aritificial intelligence 119, 61-101 (2000), [28] Vaissnave, supra 1046 [29] See Giovanni Sartor, A Treatise of Legal Philosophy and General Jurisprudence, 5: Legal Reasoning 389-90 (Enrico Pattaro ed., Springer 2005) [30] See Bruce G. Buchanan and Thomas E. Headrick, Some Speculation about Artificial Intelligence and Legal Reasoning, 23 Stanford Law Review 40 (Nov, 1970) [31] L. Thorne McCarty, Reflections on” Taxman: An Experiment in Artificial Intelligence and Legal Reasoning 90 Harvard Law Review 837 (Mar,1977) [32] Eisner v. Macomber, 252 U.S. 189 (1920) [33] Blazej Kuzniacki, The Marriage of Artificial Intelligence and Tax Law: Past, Present, and Future, The Amsterdam Centre for Tax Law (University of Amsterdam) (Feb. 11, 2019), https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3323867 [34] See Ronald Stamper, Biography, British Computer Scientist, https://peoplepill.com/people/ronald-stamper/ [35] Carole D. Hafner, Conceptual organization of case law knowledge bases in ICAIL 87 (1987) [36] Edwina L. Rissland et al., AI and Law: A fruitful synergy, 150 Artificial Intelligence 1 (2003) [37] ICAIL 2015—First Call for Papers, INT’L ASS’N FOR ARTIFICIAL INTELLIGENCE (Sept. 10, 2014), http://www.iaail.org/?q=article/icail-2015-first-call-papers [https://perma.cc/92LD-6BAF] [38] See http://www.iaail.org [39] See Pepijn R. S. Visser and Trevor J. M. Bench-Capon, A Comparison of Four Ontologies for the Design of Legal Knowledge System, 6 Artificial Intelligence 27 (1998) [40] LawGeex, Artificial Intelligence More Accurate Than Lawyers for Reviewing Contracts, New Study Reveals, Cision PR Newswire (Feb. 28, 2018), https://www.prnewswire.com/news-releases/artificial-intelligence-more-accurate-than-lawyers-for-reviewing-contracts-new-study-reveals-300603781.html [41] Prelaw, What Do Lawyers Do?, NALP, https://www.nalp.org/what_do_lawyers_do [https://perma.cc/982D-APDZ] [42] Thomson Reuters, Ready or Not: Artificial Intelligence and Corporate Legal Departments, Thomson Reuters, https://legal.thomsonreuters.com/en/insights/articles/artificial-intelligence-ai-report [43] H. James Wilson and Paul R. Daugherty, Collaborative Intelligence: Humans and AI are Joining Forces, Harvard Business Review (Jul-Aug, 2018), https://hbr.org/2018/07/collaborative-intelligence-humans-and-ai-are-joining-forces [44] iManage, How Today’s Legal Professionals are Using AI for Due Diligence, iManage (Nov. 20, 2018), https://imanage.com/blog/due-diligence-with-ai/ [45] See Tara Vasdani, AI legal research tools save money, time and judges’ enmity, Canadian Lawyer (Mar. 25, 2019), https://www.canadianlawyermag.com/news/opinion/ai-legal-research-tools-save-money-time-and-judges-emnity/275988 [46] Thomson Reuters, Contract Express, Thomson Reuters, https://legal.thomsonreuters.com/en/products/contract-express [47] J.K.C. Kingston, Artificial Intellgence and Legal Liability (2018), arxiv, https://arxiv.org/pdf/1802.07782.pdf [48] See David Grossi et al., Organizational structure and responsibility: an analysis in a dynamic logic of organized collective agency, ACM Digital Library (Jan, 2007), https://dl.acm.org/doi/10.5555/1348091.1348093 [49] ROSS Intelligence, AI for the practice of law: An introduction, Ross Intellgence bloq (Aug. 8, 2018), https://blog.rossintelligence.com/post/ai-introduction-law [50] Harshith Mallya, How Google is going from mobile first to AI first while competition heats up, your story (Oct. 5, 2016), https://yourstory.com/2016/10/google-ai-strategy?utm_pageloadtype=scroll [51] Bernard Marr, How AI and Machine Learning are Transforming Law Firms and the legal Sector, Forbes (May. 23, 2018, 12:29 AM), https://www.forbes.com/sites/bernardmarr/2018/05/23/how-ai-and-machine-learning-are-transforming-law-firms-and-the-legal-sector/#30724a5732c3 [52] Byron Connolly, Artificial Intelligence putting junior lawyer jobs at risk, CIO (Jan. 15, 2019, 16:57 IST), https://www.cio.com/article/3500035/artificial-intelligence-putting-junior-lawyers-jobs-at-risk.html [53] Alison DeNisco Rayome, Why human-AI collaboration will dominate the future of work, Tech Republic (June. 4, 2018, 4:00 AM), https://www.techrepublic.com/article/why-human-ai-collaboration-will-dominate-the-future-of-work/ [54] Irving Wladawsky-Berger, The impact of Artificial Intellgence on the World Economy, The Wall Street Journal (Nov. 16, 2018, 3:09 PM), https://blogs.wsj.com/cio/2018/11/16/the-impact-of-artificial-intelligence-on-the-world-economy/ [55] See Carl Benedikt Frey and Michael A. Osborne, The future of employment: How susceptible are jobs to computerization?, 114 Technological Forecasting and Social Change 254 (2017) [56] Steve Lohr, A.I. is doing legal work. But it won’t replace lawyers, yet. The New York Times (Mar. 19, 2017), https://www.nytimes.com/2017/03/19/technology/lawyers-artificial-intelligence.html [57] Spain’s News, Artificial intelligence has a margin of error of 3%; humans, 5% “| Innovation, Spain News, https://spainsnews.com/artificial-intelligence-has-a-margin-of-error-of-3-humans-5-innovation/ [58] See https://www.aitf.org.in [59] Viksit Gaur and Akriti Gaur, On AI, various government agencies have conflicting and confusing strategies, Indian express (Oct. 11, 2019, 11:29 AM), https://indianexpress.com/article/opinion/columns/artificial-intelligence-india-niti-aayog-6063205/ [60] Department for Promotion of Industry and Internal Trade, Report of Task Force on AI, Department for Promotion of Industry and Internal Trade (2018), https://dipp.gov.in/whats-new/report-task-force-artificial-intelligence [61] Surabhi Agarwal and Yogima Seth Sharma, Govt sets up panel to resolve MeitY and Niti fight over AI, The Economic Times (Oct. 23, 2019, 09:00 AM), https://economictimes.indiatimes.com/tech/internet/govt-sets-up-panel-to-resolve-meity-and-niti-fight-over-ai/articleshow/71715025.cms?from=mdr [62] Press Information Bureau, Implementation of BIS Act, 2016, Ministry of Consumer Affairs, Foods & Public Distribution (July. 16, 2019, 4:01 PM), https://pib.gov.in/Pressreleaseshare.aspx?PRID=1578906 [63] MHRD, National News, News Service Division (Sep. 12, 2019, 7:23 PM), http://www.newsonair.com/Main-News-Details.aspx?id=371465 [64] Department for Promotion of Industry and Internal Trade, Report of Task Force on AI, Department for Promotion of Industry and Internal Trade (2018), https://dipp.gov.in/whats-new/report-task-force-artificial-intelligence [65] Anu Thomas, TOP 6 MUST-ATTEND AI & ML CONFERENCES IN INDIA FOR 2020, CIM (Feb. 10, 2020), https://analyticsindiamag.com/top-6-must-attend-ai-ml-conferences-in-india-for-2020 [66] Aprajita Tyagi, E-Commerce from push/Impulsive to Intelligent, 5 Journal of Legal Studies and Research 78 (2019) Next Storylast_img read more

Local teenager delivers when called to action

first_img Plans underway for historic Pike County celebration As her mother, Sonja Dorrill, had done many times before, she went to the outside waterspout to get fresh water for the dogs. She “just happened” to see something move in the leaves around a nearby bush. Then, she saw the snake.Chloe, a ninth-grader at Pike Liberal Arts, came to aid and assist.“The snake was down in the leaves,” she said. “I couldn’t see its head but it was a snake. Troy falls to No. 13 Clemson By The Penny Hoarder Book Nook to reopen Chloe’s dad, John Dorrill, III, was hauling hay several miles away and she called him to find out “What to do?”Not knowing the kind of the snake or the danger it posed, Dorrill instructed his daughter what to do over the phone.What Chloe did was load a shotgun, take aim and fire.“I know how to load a rifle because I’ve been hunting but I’d never loaded or shot a shotgun,” she said. “My dad told me how to load the gun and he told me to point the gun down and away from the house. I did. I pulled the trigger and shot the snake and killed it.” Local teenager delivers when called to action Skip You Might Like ISCO holds annual festival this Thursday For most people, experiencing 50 foreign cultures would take a lifetime of travel. For attendees of Troy University’s International Student… read more Remember America’s heroes on Memorial Day By Jaine Treadwell Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Latest Stories For many of those who live in the Bible Belt, Sundays continue to be a day of rest from work.However, the Good Book does say that, if the ox is in the ditch on Sunday, then man can put his hand to the plow, so to speak.Chloe Dorrill was enjoying a restful Sunday afternoon in the countryside around her home in the Clay Hill area of the county when the “ox” got in the ditch and she was called to “work.” Sponsored Content Email the author Not only did Chloe kill the snake, she blew about half of it away.“The snake was longer than it is now,” she said, as she looked at the head and tail portions of the snake. I shot him in the middle and it’s gone.”The snake was a small rattlesnake and its body parts were still twitching after it should have long been dead. Chloe stayed back.“I don’t like snakes,” she said. “I’m scared of them.”Chloe was the hero on a bright, sunny November Sunday. And her mother was content to ride shotgun and leave the shooting to Chloe.“My mom’s a scaredy cat,” Chloe said, laughing. “But I had shot a gun before. A rifle. I went deer hunting but I only shot a coyote.”Grant Lyons, Pike County extension coordinator, said that it’s wise to be cautious of snakes, even the small ones.Even though it’s small in size, the bite of a rattlesnake can be dangerous because it usually releases all of its venom in a single bite.“That’s not to say that a baby rattler is more dangerous than an adult rattlesnake,” Lyons said. “It’s just that a baby snake is more likely to inject all of its venom because it has a smaller capacity. The best thing you can do to protect yourself is stay away from snakes and you need to learn to identify them.”There are four types of poisonous snakes that live in Alabama – the rattlesnake, water moccasin, coral and copperhead.“You should be able to identify these poisonous snakes and you should continue to watch for snakes because, with the warm weather we are having, snakes are crawling,” Lyons said. “You can never be too careful.” The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Published 11:00 pm Tuesday, November 19, 2013 Pike County Sheriff’s Office offering community child ID kits Print Articlelast_img read more