Third oil strike for Cove’s group

first_img A partnership between Cove Energy, Videocon Industries, Anadarko Petroleum, BPRL Ventures and Mitsui E&P has discovered major natural gas presence off the coast of Mozambique. The discovery well at the Lagosta prospect has a net 550 feet of natural gas find, Videocon said in a statement. The group has made three discoveries in the area, and is looking into ways to commercialise liquefied gas from the region. Third oil strike for Cove’s group whatsapp KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes Share Monday 29 November 2010 7:39 pm Show Comments ▼ whatsapp Tags: NULLlast_img read more

Asia bank fees trump Europe

first_img Share 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For whatsapp whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Asia bank fees trump Europe KCS-content center_img Show Comments ▼ ASIAN financial services have continued to grow on the global stage, showing a 22.2 per cent lift in investment banking fees taken in the region over the last year, as payments to European banks fell.Companies in Asia surged to contribute £12.8bn last year, as fees taken globally by investment banks jumped nine per cent to $84bn (£54bn) in 2010.European banks earned 12.3 per cent less for their service than in 2009, though fees still totalled $22.7bn, according to data provided by Thomson Reuters.The payments were made by firms to investment banks for financial services including underwriting capital markets deals and advising on mergers and acquisitions.Though deals across the market were up 10.2 per cent by volume, by value the gain was only 0.4 per cent, with smaller transactions dominating the dealflow. In Europe the difference was even more marked, with deals up 8.9 per cent in volume but down 21.2 per cent in value. US banks topped the review, charging $43bn between them and registering a 21.9 per cent increase on the previous year. Among the top fee payers were US government-backed banks, contributing a total of $2.52bn. State-backed mortgage lender Frannie Mae spent $884m on investment banking services last year, topping rankings compiled by data provider Dealogic.Government-sponsored home mortgage provider Freddie Mac placed second, paying $656m, and bailed-out insurer AIG placed third, paying $582m. Tags: NULL Thursday 6 January 2011 8:54 pmlast_img read more

Mega African Capital Limited ( Q32015 Interim Report

first_imgMega African Capital Limited ( listed on the Ghana Stock Exchange under the Financial sector has released it’s 2015 interim results for the third quarter.For more information about Mega African Capital Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Mega African Capital Limited ( company page on AfricanFinancials.Document: Mega African Capital Limited (  2015 interim results for the third quarter.Company ProfileMega African Capital Limited (MAC) is an investment holding company with interests in the development, purchase, sale and rental of real estate and investment in equities and fixed income investments. The company targets high net-worth investments looking for opportunities to invest in Africa which will yield high returns. MAC is geared to provide medium- to long-term capital growth through investments in listed and unlisted companies in Africa. The company has investments in Ghana, Malawi and Tanzania. MAC is owned by OAK Partners, a private investment institution based in Accra, Ghana. Mega African Capital Limited is listed on the Ghana Stock Exchangelast_img read more

Top FTSE 100 stocks! 5 UK shares I think could help me make a million

first_img See all posts by Rupert Hargreaves Some investors avoid the FTSE 100 in the belief they can achieve better returns from smaller businesses. However, I think this is a mistake. The FTSE 100 contains some of the best UK shares and, by investing in these companies, I think I can significantly improve my chances of making £1m in the stock market. With that in mind, here are the five UK shares I’d buy right now. 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…FTSE 100 stocks to buy I like to focus on high-quality growth stocks that already have a good track record of producing attractive total returns for investors. B&M European Value Retail is a great example. Since 2015, this company’s bottom line has grown 10-fold as it doubled down on what it does best, offering consumers what they want at low prices. If the firm sticks with this tried-and-tested strategy, I reckon it’ll continue to grow. As B&M’s profits have expanded, so have investor returns. The firm’s dividend is up three-fold since 2015. A dividend yield of 3.7% is pencilled in for next year, which is above the FTSE 100 average. Distribution group Bunzl has used a similar strategy. The company has focused on what it does best for the past decade, pushing down costs and increasing profit margins. This focus has helped make it one of the best performing UK shares. As it continues to snap up smaller competitors with additional profits, I reckon it’s highly likely this FTSE 100 growth champion will produce high total returns for shareholders in the years ahead. Hikma Pharmaceuticals looks to be exceptionally well-positioned to profit from the ever-growing demand for affordable pharmaceutical treatments. As one of the world’s largest generic drug manufacturers, Hikma’s profit margins have helped the business outperform competitors. I reckon will continue as long as management continues to focus on the group’s core market. The best UK sharesFinally, I’m incredibly excited about the prospects for retailers JD Sports and Next. Over the past 12 months, both of these businesses have shown they’re prepared for the 21st century.As other retailers have collapsed, JD Sports and Next have doubled down on their online operations, helping keep the businesses afloat. In fact, e-sales have more than made up for lost brick-and-mortar sales in both cases. As more and more consumers shop online, having a robust digital presence will be essential for any business in the years ahead.These two retailers have some of the most extensive online retail operations in the FTSE 100 and all UK shares. That’s why my money is on these businesses. As the online retail sector continues to expand, JD Sports and Next should continue to prosper. I reckon these are some of the best UK shares to buy right now. If I had to pick just five companies to buy right now, I’d invest in a diversified basket of these shares for the next decade. Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! 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. 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. Top FTSE 100 stocks! 5 UK shares I think could help me make a million Rupert Hargreaves owns no share mentioned. The Motley Fool UK owns shares of Next. The Motley Fool UK has recommended B&M European Value and Hikma Pharmaceuticals. 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. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it!center_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Image source: Getty Images Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… Rupert Hargreaves | Sunday, 17th January, 2021 Enter Your Email Addresslast_img read more

Ulster eye up Heineken Cup Quarter Final place

first_img“That said, we have a proud home record in the Heineken Cup over last two seasons, winning our last seven tournament matches at Ravenhill, and I am sure we will give Biarritz a warm Belfast welcome.“We know what we have to try and do, which is to get the win we need and go to Aironi to play for a quarter-final place.”Last season Ulster broke their English “duck” when they won on English soil for the first time, beating Bath Rugby 28-10, and they have now doubled that overall tally against the same opponents.Both contests against the former fellow Heineken Cup champions ended in four-point wins for the Irish team to go alongside a 30-6 opening round victory over Aironi.“That debut win in England against Bath last season – when we also beat them home and away in the Pool stages – gave us the confidence to go back there this year knowing what we are capable of achieving,” said McLaughlin.“As far as the defeat in Biarritz goes, obviously we were not happy with the end result but we did have opportunities in the first half but we did not put points on board. Then in the second half we made a few errors that Biarritz pounced upon and all credit to them for the win and the way they took those chances. Adrew Trimble will be facing Biarritz this weekend Ulster Rugby have been absent from the Heineken Cup knock-out stages ever since their day of glory in the spotlight when they lifted European club rugby’s most coveted prize in Dublin back in 1999 with a 21-6 demolition of Colomiers.For the last 11 tournaments they have failed to get past the Pool stages but now they are in with a real chance of ending that run as they face a potential make-or-break Pool 4 showdown with group leaders Biarritz Olympique at Ravenhill on Saturday.The French club, beaten Heineken Cup finalists both seven months ago and in 2006, top the Pool with a three-point buffer over Ulster but have already slipped up once on the road this season when they went down 28-27 at tournament newcomers Aironi Rugby.“Getting to the Heineken Cup quarter-finals has been one of our prime objectives for the season – it is most certainly where we want to be,” said head coach Brian McLaughlin.“From an Ulster Rugby perspective the match against Biarritz is an extremely important game because with the way the group has gone we have it all to play for – there are two games left and they are two games we must win.“However, Biarritz are an extremely strong side, they have a great pedigree in the Heineken Cup, they were last season’s finalists and have openly stated they want to win this tournament.“In players like Imanol Harinordoquy, Dimitri Yachvili and Damien Traille they have some smashing individuals and we are under no illusions that we are in for an extremely tough game.“Biarritz are a top quality side, no doubt about that, and although they had a little hiccup when they lost at Aironi, they will come here looking for the win – I believe it is going to be a smashing game. TAGS: Ulster LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS “However, our Heineken Cup destiny is in our own hands and although we know we are still an improving and emerging side, we know we are not there yet and that we have plenty of work to do.“We are not as consistent as we would like but we feel we are in the process of getting where we want to be and with the type of rugby we want to play.”last_img read more

Video: Bishop Gray offers the grace of Mississippi’s ‘brokenness’

first_img Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Administration & Finance Atlanta, GA Canon for Family Ministry Jackson, MS Associate Priest for Pastoral Care New York, NY Submit an Event Listing Rector (FT or PT) Indian River, MI Rector Knoxville, TN Featured Events Tags Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Washington, DC Rector Albany, NY Rector and Chaplain Eugene, OR Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Submit a Job Listing Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Martinsville, VA Press Release Service Rector Bath, NC Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Assistant/Associate Rector Morristown, NJ Rector Pittsburgh, PA Course Director Jerusalem, Israel In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Submit a Press Release Rector Collierville, TN Rector Belleville, IL Director of Music Morristown, NJ State of Racism, Rector Tampa, FL Assistant/Associate Rector Washington, DC Rector Shreveport, LA Video Associate Rector Columbus, GA [Episcopal News Service – Jackson, Mississippi] Diocese of Mississippi Bishop Duncan Gray III describes how the diocese can offer its “brokenness” and the brokenness of the cross to the rest of the church and the world as a way to combat racism. Gray made his remarks at a Nov. 15 news conference before the opening session of “Fifty Years Later: The State of Racism in America,” a two-day gathering sponsored by the Episcopal Church and the Diocese of Mississippi at St. Andrew’s Episcopal Cathedral in downtown Jackson.– The Rev. Mary Frances Schjonberg is an editor/reporter for the Episcopal News Service. Youth Minister Lorton, VA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Assistant/Associate Priest Scottsdale, AZ Featured Jobs & Calls Rector/Priest in Charge (PT) Lisbon, ME By Mary Frances SchjonbergPosted Nov 18, 2013 Cathedral Dean Boise, ID Priest-in-Charge Lebanon, OH Associate Rector for Family Ministries Anchorage, AK Rector Hopkinsville, KY Family Ministry Coordinator Baton Rouge, LA Video: Bishop Gray offers the grace of Mississippi’s ‘brokenness’ Bishop Diocesan Springfield, IL Rector Smithfield, NC Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Curate Diocese of Nebraska Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books Priest Associate or Director of Adult Ministries Greenville, SC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Missioner for Disaster Resilience Sacramento, CA last_img read more

Cheetahs vs Sharks Highlights – Super Rugby 2013 Round 2

first_imgMonday Feb 25, 2013 Cheetahs vs Sharks Highlights – Super Rugby 2013 Round 2 Extended highlights of the Round 2 Super Rugby match between the Cheetahs and the Sharks.Please note: If you have any specific requests from the match, get in touch via email, or drop us a Tweet or Facebook post.Time: 12:10Credit: ttrugbyvids ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Super Rugby 2013 Related Articles 410 WEEKS AGO The Chiefs celebrate Super Rugby victory… 410 WEEKS AGO The Chiefs go back-to-back with Super Rugby… 411 WEEKS AGO Brumbies snatch victory from Bulls to reach… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe 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 InterestedOffensiveRepetitiveSubmitCancellast_img read more

“Arrival” is an out-of-this-world emotional journey

first_imgFacebook World Oceans Day shines spotlight on marine plastic pollution This image released by Paramount Pictures shows Amy Adams in a scene from “Arrival.” (Jan Thijs/Paramount Pictures via AP) Facebook TCU VGP (Ep. 24 – Battlefront Details, Telltale’s Guardians and more) Chris Garcia TCU places second in the National Student Advertising Competition, the highest in school history Chris Garcia Twitter Chris Garcia Linkedin + posts Sizzle Reel Finale (Ep. 24 – Teen Titans, Star Trek: Discovery and more) Sizzle Reel (Ep. 23 – Star Wars Celebration, DC Rumors and more) Chris Garcia is a senior film and journalism double major from Midland, Texas. When he’s not working on student media’s newest podcasts, he can be found watching the latest releases at the closest theater. Twitter Chris Garcia TCU VGP Video Finale (Ep. 25 – Call of Duty WWII, Cluster Trucks and more) Previous articleThe Skiff: November 17, 2016Next articleSenior service program kept alive by community leadership Chris Garcia RELATED ARTICLESMORE FROM AUTHOR Linkedin ReddIt ReddIt Chris Garcia printA smartly-written and thought-provoking film, “Arrival” uses the framework of an alien invasion to explore what it really means to be human. The film follows Linguistics professor Louise Banks (Amy Adams) as she tries to find a way to communicate with aliens after they land on Earth.“Arrival” tells a simple story about the Earth being visited by aliens and turns it into a deeply emotional and personal journey. The film is smartly written, containing a wealth of detail that helps to build an intricate story. It may require multiple viewings to truly understand it all. While engaging, “Arrival” starts slow and begins to drag before picking up for an exhilarating second half.This image released by Paramount Pictures shows Amy Adams in a scene from “Arrival.” (Jan Thijs/Paramount Pictures via AP)This is forgivable, though, as the film has a great hard sci-fi concept that blends science and morality into one of the best examinations of Humanity in recent film history. “Arrival” also isn’t afraid to present complicated ethical questions to the audience, which may end up leading to different interpretations of the film once it ends.The cast is small but is led by a terrific performance from Amy Adams, who portrays the right mixture of scientist and everyday citizen. Adams is complimented well by Jeremy Renner, who also gives a strong performance as theoretical physicist Ian Donnelly. Adams and Renner both come across realistically, using a combination of body language and facial expressions to help exemplify their characters’ emotions of awe, fear and frustration. While the acting is great, the characters themselves are the film’s weakest point. Adams and Renner’s characters never really see much development, as they start off as good people and stay good people. Much of the development actually comes from the minor characters presented throughout the film, from soldiers to politicians, and the aliens themselves. This allows “Arrival” to emphasize the world of the film through different, and believable, viewpoints. From a visual standpoint, “Arrival” is filled with beautiful shots that emphasize natural landscapes and have a nice weight to them. The darker tones and colors of the film also help to emphasize the feel of the story, and the CGI is works well with the more realistic visual style. Verdict:Well-written, beautifully shot and driven by a great performance from Amy Adams, “Arrival” is not only one of the year’s best films, but it is another strong addition to modern sci-fi. 9/10 Welcome TCU Class of 2025last_img read more

THB Group Rebrands to Amwins Global Risks

first_img WhatsApp By Digital AIM Web Support – February 22, 2021 THB Group Rebrands to Amwins Global Risks Twitter Twitter Pinterest Facebook CHARLOTTE, N.C.–(BUSINESS WIRE)–Feb 22, 2021– Amwins Group, Inc. (“Amwins”), today announced the rebranding of THB, its international broking arm based in London, to Amwins Global Risks. Since joining Amwins in 2012, THB has doubled its annual premium placed to more than $2 billion and is now one of the largest independent wholesale specialty brokers in the London market, serving retail brokers and markets in North America, Europe and internationally. “THB has contributed to Amwins’ success in expanding our capabilities and global market access,” said Scott M. Purviance, Chief Executive Officer of Amwins. “The work we have done together over the past decade has made the two businesses stronger. Rebranding to Amwins Global Risks further unifies the company, endorses our wholesale model and reflects our unique culture and ambitions for future growth.” The move is part of a broader update to the Amwins brand identity, including a new logo and campaign that further reflect the company’s “one firm” approach to supporting clients and markets. “In every part of Amwins’ business there is a history of coming together to achieve more than we could separately,” said Matthew Crane, Chief Executive Officer of the newly-named Amwins Global Risks. “Uniting behind one brand better reflects our capabilities and ambitions as we continue to expand internationally. Becoming Amwins Global Risks is a natural progression which highlights the growth of our company, our culture of collaboration and our ability to build expertise across borders and global markets.” Amwins Global Risks’ network of partner firms across Latin America and Asia will retain the THB branding. To learn more about Amwins Global Risks visit About Amwins Amwins Group, Inc. is the largest independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products and administrative services. Based in Charlotte, N.C., the company operates through more than 115 offices globally and handles premium placements in excess of $22 billion annually. To learn more, visit View source version on CONTACT: U.S. Inquiries: Lisa Kuszmar Senior Vice President, Marketing 704.749.2780 [email protected] Inquiries: Julian Vereker Distribution & Marketing Director +44 (0) 207 469 0107 [email protected] KEYWORD: NORTH CAROLINA NETHERLANDS NORTH AMERICA UNITED STATES UNITED KINGDOM EUROPE INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES SOURCE: Amwins Group, Inc. Copyright Business Wire 2021. PUB: 02/22/2021 02:00 AM/DISC: 02/22/2021 02:01 AM Business Wire 2021.center_img Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Support Local NewsBusiness Pinterest Facebook WhatsApp TAGS  last_img read more

Multigenerational Households on the Rise

first_img in Daily Dose, Featured, Journal, Market Studies, News Demand Propels Home Prices Upward 2 days ago Tagged with: Census Bureau ethnicity multigenerational households Pew Research Center Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago As of 2016, one in five Americans lived in a multigenerational household. That’s the key revelation from a newly released Pew Research Center analysis of U.S. Census data, revealing that the percentage of multigenerational American households has reached a level not seen since in decades.Pew Research Center found that, in 2016, a record 64 million people lived in multigenerational homes in the United States. Pew defines a multigenerational household as including “at least two adult generations or grandparents and grandchildren younger than 25.”Pew’s study found that multigenerational living has been on the rise for several decades. Asian and Hispanic households are more likely than white households to be multigenerational. Pew states that increasing ethnic and racial diversity among the U.S. population could account for some of the increase in multigenerational households. However, multigenerational households are growing “among nearly all U.S. racial groups, Hispanics, most age groups, and both men and women.”Pew reports that 29 percent of Asians living in America in 2016 lived in a multigenerational household. Among Hispanics and blacks, the number was 27 percent and 26 percent, respectively. Only sixteen percent of white Americans lived in multigenerational households in the same year, per Census data.Multigenerational households declined steadily during the middle of the previous century, dropping from 21 percent in 1950 to 12 percent in 1980. The Great Recession resulted in a sharp uptick in this sort of living situation, and multigenerational households have continued to make up more of the American housing landscape in the years since.In 2009, multigenerational households accounted for 17 percent of the U.S. population (around 51.5 million Americans), based on data from the U.S. Census Bureau’s American Community Survey. By 2014, that percentage had increased to 19 percent, or around 60.6 million Americans.Recent years have also seen a shift in which age group is most likely to live in a multigenerational household—previously, it was adults aged 85 and older. As of 2016, there was a surge of 25- to 29-year-olds living in multigenerational households, with 33 percent reporting living in such a situation in 2016.This certainly tracks with other trends that have been apparent throughout the industry in recent years, from skyrocketing home prices to inventory shortages to the struggles of millennials and other young potential homebuyers to save up down payments while saddled with ever-increasing student debt. If those trends don’t shift, the percentage of Americans living in multigenerational homes doesn’t seem likely to drop anytime soon.You can read the full results of the Pew Research Center study by clicking here. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Multigenerational Households on the Rise The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: What’s Happening With Reverse Mortgage-Backed Securities? Next: The Best Cities for America’s Top Expanding Professions April 16, 2018 2,731 Views David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Census Bureau ethnicity multigenerational households Pew Research Center 2018-04-16 David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Related Articles Share Save Sign up for DS News Daily Multigenerational Households on the Rise About Author: David Wharton  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more