Radio reporter shot dead in Mogadishu

first_imgNews March 2, 2021 Find out more to go further Help by sharing this information RSF_en SomaliaAfrica News Receive email alerts RSF requests urgent adoption of moratorium on arrests of journalists Radio reporter gunned on city street in central Somalia July 5, 2009 – Updated on January 20, 2016 Radio reporter shot dead in Mogadishucenter_img News Organisation News SomaliaAfrica Reporters Without Borders is horrified by the murder of Mohamud Mohamed Yusuf, a 22-year-old reporter with the private news station Radio Holy Quran, in Mogadishu yesterday (4 July). His killers left him dying by the roadside for three hours and fired at anyone who tried to help him.”The chaos reigning in Mogadishu and the barbarity of some armed groups make Somali journalists extremely vulnerable”, the organisation said. “With six journalists killed since the start of 2009, Somalia is by far the most dangerous country for the media.”We call on everyone concerned to respect the Geneva Conventions, which protect civilians, including journalists, in conflict zones.”Gunmen fired at Yusuf as he was on his way to report on fighting in the capital, wounding him in the stomach.The editor of the privately-owned station, questioned by the National Union of Somali Journalists (NUSOJ), said the shooting took place at the Afarta Jardin crossroads in northern Mogadishu. Yusuf, who both presented and produced programmes for the station, had just read the 7.30am news.Yusuf, who was known as Ninile, is the second journalist from Radio Holy Quran to be killed in Somalia this year. His colleague Nur Muse Hussein was shot while covering clashes in Beledweyn, north of the capital, in April and died of his injuries a month later. January 8, 2021 Find out more Follow the news on Somalia RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region February 24, 2021 Find out morelast_img read more

How High Did Serious Delinquency Rates Climb This Summer?

first_img How High Did Serious Delinquency Rates Climb This Summer?  Print This Post Home / Daily Dose / How High Did Serious Delinquency Rates Climb This Summer? Demand Propels Home Prices Upward 1 day ago The property information provider CoreLogic released its monthly Loan Performance Insights report for July 2020, which revealed that, on a national level, 6.6% of mortgages were in a stage of delinquency (30 days or more past due, which takes into account those in foreclosure). This represents a 2.8-percentage point increase in the overall delinquency rate compared to this time last year, when it was 3.8%.”To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency,” the company reports, “including the share that transitions from current to 30 days past due.”In July, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows, according to CoreLogic:Early-Stage Delinquencies (30 to 59 days past due): 1.5%, down from 1.8% in July 2019, and  down from 4.2% in April when early-stage delinquencies spiked.Adverse Delinquency (60 to 89 days past due): 1%, up from 0.6% in July 2019, but down from 2.8% in May.Serious Delinquency (90 days or more past due, including loans in foreclosure): 4.1%, up from 1.3% in July 2019. This is the highest serious delinquency rate since April 2014.Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, down from 0.4% in July 2019. The July 2020 foreclosure rate is the lowest for any month in at least 21 years.Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.8%, unchanged from July 2019. The transition rate has slowed since April 2020, when it peaked at 3.4%.Home values, according to the CoreLogic Price Index, are rising, yet, the report said, “unemployment levels in hard-hit areas remain stubbornly high, leaving some borrowers house-rich but cash poor. Despite the slow reopening of several sectors of the economy, recovery for other industries like entertainment, tourism, oil and gas have a more uncertain outlook for the remainder of 2020. With persistent job market and income instability, Americans continue to tap into savings to stay current on their home loans. But as savings run out, borrowers could be pushed further down the delinquency funnel.”Millennials, are among the many Americans taking advantage of low rates to either purchase their first home or upgrade their living situations,” said Frank Martell, president and CEO of CoreLogic. “However, given the unsteadiness of the job market, many homeowners are beginning to feel the compounding pressures of unstable income and debt on personal savings buffers, creating heightened risk of falling behind on their mortgages.”Added Dr. Frank Nothaft, Chief Economist at CoreLogic, “Four months into the pandemic, the 120-day delinquency rate for July spiked to 1.4%. This was the highest rate in more than 21 years and double the December 2009 Great Recession peak. The spike in delinquency was all the more stunning given the generational low of 0.1% in March.”While all U.S. states in July logged an increase in overall as well as serious delinquencies, pandemic hotspots Nevada, New Jersey, Hawaii, New York, and Florida were impacted the most, according to CoreLogic.By the same token, every U.S. metro area recorded at least a small increase in serious delinquency rates in July. Odessa, Texas—which has been hard hit by job loss in the oil and gas industry—experienced the largest annual increase. Laredo, Texas;  Miami; McAllen, Texas; and Kahului, Hawaii all experienced a large increase in serious delinquency.Authors of CoreLogic’s report stated that  “with industries like oil and gas projected to leave millions of jobs unrestored throughout the remainder of the year, we may expect to see continued increases in mortgage delinquencies.”For the full report, including regional data, graphics, and methodology, visit CoreLogic’s website. Related Articles 2020-10-13 Christina Hughes Babb About Author: Christina Hughes Babb Previous: The Industry Pulse: Forbearance Tools & Expanded Services Next: Estimating Property Damage Caused by Hurricane Delta The Week Ahead: Nearing the Forbearance Exit 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. 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