financializer news A weblog highlighting financial topics making news in the international media.

government measures: People who have faced domestic violence will also be able to dip into their superannuation early under the federal government measures, worth 109 million over the next four years, according to Nine News Australia. Minister for Women Kelly O'Dwyer has detailed the initiatives while delivering Australia's first women's economic security statement at the National Press Club in Canberra on Tuesday. To improve your experience update it here News National Govt pledges 109m in women's policies1 36pm Nov 20, will be able to split up their paid parental leave for the first time under a swag of changes aimed at improving women's financial security. She said Australia has taken great strides in improving women's economic independence and security in the past few decades, with more women in work than ever before and the gender pay gap moving in the right direction. Helping to address those issues though will reap benefits for all Australians, Ms O'Dwyer said. But the minister said problems remain, including women earning less than men, retiring with 42 per cent less in their superannuation and being twice as likely to work part-time. (news.financializer.com). As reported in the news.

stock market: Meanwhile the dollar sagged on worries about the US economy after a steep drop in home builder sentiment and oil prices fell half a per cent despite OPEC production cuts in what was a brutal day for investors' risk sentiment, according to Nine News Australia. News around Apple Inc triggered the latest bout of stock market selling, after the Wall Street Journal reported the consumer tech giant is cutting production for its new iPhones. To improve your experience update it here News Worldi Phone worry causes global markets ripples9 30pm Nov 20, stock markets have fallen as worries over softening demand for the iPhone prompted a tech stock selloff across the world, while the arrest of car boss Carlos Ghosn pulled Nissan and Renault sharply lower. This hit world stock markets with the European tech sector sinking 2 per cent and hitting its lowest level since February 2017 as stocks supplying chips to Apple suffered, following Asian tech stocks lower. The European auto sector was not far behind, dropping 1.6 per cent, and the broad European STOXX 600 index was down 0.9 per cent to a four-week low. The selloff was compounded by an auto sector drop led by Nissan and Renault after Ghosn, chairman of both carmakers, was arrested in Japan for alleged financial misconduct. (news.financializer.com). As reported in the news.

week: The civil trial against Tommy Thompson was put on hold last week when a proposed settlement was reached to deliver the coins to a court-appointed receiver, according to Nine News Australia. However, the deal over the treasure found in the 1857 shipwreck fell apart when the 66-year-old said he had no idea how to obtain the coins. To improve your experience update it here News WorldUS treasure hunter in trouble for living the pirate's life By Associated Press5 38pm Nov 20, 2018Facebook Tweet Mail A treasure hunter has taken back a pledge to turn over 500 missing coins minted from gold found in a shipwreck off the South Carolina coast. Former scientist Tommy Thompson is refusing to give up the location of a multi-million dollar treasure. The former scientist claimed a stranger who he couldn't identify, met him in Fort Lauderdale in 2010 and took the coins but he couldn't remember the details of the exchange. Delaware County Sheriff's Office A Franklin County Commons magistrate had to instruct Thompson, a former scientist, on numerous occasions to answer directly as he testified before the court. (news.financializer.com). As reported in the news.

ceo: The CEO doesn't like referring to short-term variable remuneration as a bonus, according to Nine News Australia. I think it sends the wrong message, that it's something in addition to or part of just coming to work, he told the banking royal commission. To improve your experience update it here News NationalCBA to keep paying bonuses to staff7 59pm Nov 19, Bank boss Matt Comyn could eliminate the bonuses he admits have led to some staff doing the wrong thing by customers, but won't. Before he became CEO in April, Mr Comyn had touted a focus on holistic motivation by helping customers and being part of a winning team rather than just formal incentives. Nothing would need to happen other than for me to make a decision, he said on Monday. But as CEO he decided against moving away from a remuneration model that incentivises frontline staff through bonuses, despite accepting there were inherent risks of employees doing the wrong thing to secure their bonuses. (news.financializer.com). As reported in the news.

daybreak: Source Bloomberg More From Bloomberg Daybreak Americas05 08U.S. Accuses China of IP Theft Ahead of G-20 Meeting23 minutes ago01 50Nissan Board Is Said to Be Divided on Dismissing Ghosn After Arrest1 hours ago08 20EU's Moscovici Says Italy Must Correct 'Very Serious' Rule Deviation1 hours ago01 33 48'Bloomberg Daybreak Americas' Full Show 11/20/2018 17 hours ago All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips01 43Credit Set for Worst Year Since 200805 24Credit Rout to Dampen M&A Activity for Rest of 2018, UBS Says03 41Nomura's McCafferty Says Look for Beneficiaries of U.S.-China Trade Spat04 03Japan's Auditing System Not Functioning at All, Professor Takeshita Says Quick Take Explaining the world with Bloomberg News More episodes and clips02 26This Urban Innovation Is Driving People Insane03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. He speaks with Bloomberg's Alix Steel on Bloomberg Daybreak Americas. More episodes and clips24 06The David Rubenstein Show Alan Greenspan24 03The David Rubenstein Show Michael Milken24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller See all shows (news.financializer.com). As reported in the news.

demand figure: Unlike the national GDP figures, the gross state product figures are released only annually, and as such they help provide a broader picture of the economy than we get in the quarterly GDP figures, according to The Guardian. In the quarterly national figures the broadest measure we get of states' economic performance is the state final demand figure, which excludes exports and imports and can hide a great deal of what is going on. But the figures also highlight the ongoing problem of flat income growth with most states showing either falling or barely any growth in real household income for the past six years. We can't sustain a growing economy if wages don't keep up Greg Jericho Read more This is especially so in the case of Western Australia. However, that aside the latest figures confirm the other economic data that Victoria has been doing well and that New South Wales is slowing. Its falling state final demand since 2012-13 had some suggesting it was in a recession, whereas when trade is included it is clear that its economy has actually grown since then But as state final demand focuses on aspects such as consumption, investment and government spending, a case could be made that for most inhabitants of a state especially its workers final demand is more important than gross state product especially if the export income is flowing mostly to company profits rather than wages. (news.financializer.com). As reported in the news.

'dwyer: Now, in the first women's economic security statement, an initiative announced in the 2018 budget, O'Dwyer will announce 109m in total funding aimed at assisting women bridge the gender pay gap, while addressing the financial disadvantages leaving an abusive situation can bring, according to The Guardian. O'Dwyer has also revealed changes to the paid parental leave system allowing parents to break up their leave by taking up to six weeks any time over a two-year period. O'Dwyer, one of the only women in the Liberal party to self-identify as a feminist, had previously stated she believed sexual harassment to be an economic issue. The government will extend early access to superannuation to victims of family and domestic violence, while also allowing family law courts to access Australian Taxation Office information over superannuation assets, in a bid to curb parties from hiding information during separation proceedings. Sharing our stories is the strength at the heart of MeToo. Just over 35m has been set aside to continue funding specialist domestic violence units and health justice partnerships, which provide financial counselling and literacy support where needed. (news.financializer.com). As reported in the news.

edward jones: The Canadian dollar traded at an average of 75.86 cents US compared with an average of 76.02 cents US on Friday, according to The Toronto Star. JONATHAN HAYWARD / THE CANADIAN PRESS Monday's downturn in tech stocks wasn't driven by any new news but an extension of existing undercurrents, says Craig Fehr, Canadian markets strategist for Edward Jones. After generating a 30 per cent return last year, the U.S. tech sector is up just 5.5 per cent year-to-date with the S&P 500 having lost more than 13 per cent from its early October peak. Expectations have grown so high, he said in an interview. Article Continued Below Apple Inc.'s shares slid another four per cent on a Wall Street Journal report that iPhone sales won't be as strong as originally expected, while other FAANG names also lost ground with Facebook, Amazon, Netflix and Google all closing lower by 3.9 to 5.7 per cent. And to the extent that the numbers have come in good but perhaps not living up to those lofty expectations, we're seeing that entire sector kind of come under a bit of a re-rating from the market at the moment. (news.financializer.com). As reported in the news.

interest rates: High inflation increases the likelihood that the Federal Reserve will raise interest rates more quickly, according to CNN. When inflation rose faster than expected in January, stocks fell in a tailspin. It means people shop less, corporate profits are pinched and stocks are less valuable. But inflation is under control for now. Wages have been ticking up. And there's reason to believe it will remain relatively low throughout next year, said David Kelly, Chief Global Strategist for JPMorgan Funds. (news.financializer.com). As reported in the news.

materials stocks: Canadian investors could do worse than looking at stocks that may have gotten crushed by tax-loss selling, according to The Toronto Star. Tawny Sinasac The companies on the list are mainly energy and materials stocks, since the main sectors contributing to the year-to-date decline in the TSX range from materials and energy to consumer discretionary and financials. The Canadian S&P TSX is down more than 6% year-to-date and has created opportunities for investors to consider several stocks that have probably been hit by tax-loss selling, according to Canaccord Genuity's Canadian Research team. The List The complete list of Canadian stocks with potential opportunity due to tax-loss related selling, based on their year-to-date underperformance Article Continued Below Maxar Technologies, -70%Real Matters, -66%Crew Energy, -62%Crescent Point Energy, -48%Turquoise Hill Resources, -41% Hudbay Minerals, -40%Ivanhoe Mines, -38% Article Continued Below Dollarama, -33%CI Financial, -33%Baytex Energy, -31%Bird Construction, -31%Stuart Olson, -28%Cogeco Communications, -26%Goldcorp, -22%Canadian Natural Resources, -21%Manulife Financial, -16%Kinaxis, -12%The Switch Trades Canaccord also highlights 2 switch trades that have emerged from tax-loss selling. The team recommends switching to Secure Energy Services down 35 percent year-to-date from Calfrac Energy fell 7 percent year-to-date . Another potential switch trade is out of Pembina Pipeline down 2 percent year-to-date and in to Alta Gas down 45 percent year-to-date . Report an error Journalistic Standards About Us TOP STORIES, DELIVERED TO YOUR INBOX.NEW NEWSLETTERHEADLINESSIGN UP (news.financializer.com). As reported in the news.

opinions: From 2016 until April 2018 he was senior national security adviser to the Australian foreign minister and also served as the lead adviser on the 2017 Foreign Policy White Paper, according to CNN. The opinions expressed here are his own. John Lee is senior fellow at the Hudson Institute Washington and United States Studies Centre Sydney and an adjunct professor at the University of Sydney. (news.financializer.com). As reported in the news.

people front: The Labor leader addressed the Community Housing Industry Association in Melbourne on Tuesday with a pitch to put struggling renters and homeless people front and centre in national debate, according to Nine News Australia. Nothing is more fundamental to a government's obligations to the people than the right of every Australian to have a roof over their head, Mr Shorten said. To improve your experience update it here News National Labor flags more affordable housing policy10 41am Nov 20, Shorten has vowed to make community and affordable housing an issue at the next federal election, flagging promises beyond changes to negative gearing. He said better data about the extent of affordable housing needed to be a priority, along with better quality standards for dwellings including energy efficiency and accessibility for people with disabilities. Mr Shorten is remaining defiant in the face of fierce attacks from the coalition and real estate heavyweights over Labor's plans to reform negative gearing. Before the end of the year, which is looming, we will have a lot more to say about our plans for housing and homelessness and we'll explain how we'll pay, the opposition leader said. (news.financializer.com). As reported in the news.

sales: Apple dropped close to 4% on renewed worries that iPhone sales could slow and Amazon lost 5%. Facebook dropped 5.7% as the company continued to struggle with issues related to its reaction to the discovery of manipulation of its platform, according to The Guardian. The arrest of Nissan chairman Carlos Ghosn on charges he underreported his income and misused company funds caused the company's shares to tumble and shocked many in Japan who view him as something of a hero. The Dow Jones Industrial Average briefly fell 500 points, ending the day down 396 points 1.56% . Apple, Microsoft and Amazon, the most valuable companies on the market, sustained some of the worst losses. US-traded shares of Nissan lost 5.8%, while Renault shares dropped 8.4% in Paris. Hong Kong's Hang Seng retreated 1.3% to 26,023.02 and Seoul's Kospi shed 0.7% to 2,086.50. In Asia, the Shanghai Composite Index fell 1% to 2,675.69 and Tokyo's Nikkei 225 lost 0.9% to 21,633.54. (news.financializer.com). As reported in the news.

security: In the Women's Economic Security Statement, the Minister will outline the government's plans to boost women's wealth and economic security, according to Nine News Australia. We've certainly seen a lot of advances in recent years but we know there is a lot more work to do, Ms O'Dwyer told 9News. To improve your experience update it here News National No interest loans part of 15 million package for domestic violence victims By Fiona Willan Political Reporter7 44pm Nov 20, Domestic violence victims will be able to access no interest loans as part of a 109 million plan by the government to give women greater financial empowerment.9News has exclusively revealed details of the plan ahead of a major announcement by Minister for Women, Kelly O'Dwyer, in Canberra today. Whilst there are more Australian women in work than ever before ... we know Australian women are still retiring with 42 percent less in superannuation and they face real critical challenges at times where life events occur that they have no control over. Social Services Minister Paul Fletcher said the loans would be provided through Good Shepherd Microfinance to help women set up new lives. The 14.9 million plan to offer no interest loans for domestic violence victims is one element of the package. (news.financializer.com). As reported in the news.

statement al-houthi: We are willing to freeze and stop military operations on all fronts to reach a just and honorable peace if they really want peace for the Yemeni people, Mohammed Ali al-Houthi, head of Yemen's Houthi Supreme Revolutionary Committee, said in a statement, according to CNN. Al-Houthi also said his forces would stop launching missiles and drone attacks on US-Saudi aggression countries and their allies in Yemen, an apparent reference to Saudi Arabia and its coalition partner, the United Arab Emirates. The development comes as Riyadh faces growing pressure to put a halt to the violence in Yemen after three-plus years of devastating war. The United States has backed the Saudi-led coalition in its fight to expel Iranian-aligned Houthi rebels from Yemen, but has in recent weeks called for an end to the coalition bombing campaign in the country. All because of an avoidable war Read More In a gesture of goodwill, al-Houthi called on Houthi forces to refrain from attacks. A country in freefall, with half its population at risk of famine. (news.financializer.com). As reported in the news.

toronto: Stage two will be to slash spending in order to deal with this alleged crisis, according to The Toronto Star. Vic Fedeli, Ontario Minister of Finance tables the government's Fall Economic Statement for 2018-2019 at Queen's Park in Toronto on Thursday. Now the province awaits parts two and three. Nathan Denette / THE CANADIAN PRESS Stage three will be to return those fiscal savings to voters in the form of tax cuts. It's the formula Ford's finance minister, Vic Fedeli, put into motion Thursday with his fall economic update. It's the formula Harris used successfully after he became premier in 1995. (news.financializer.com). As reported in the news.

activities: But this is no holiday, and there are no games or leisure activities, according to Nine News Australia. In the middle of the night, they're woken by a stun grenade. To improve your experience update it here News World Inside the Ukrainian youth camps where children are trained to kill By Amelia Adams UK Correspondent8 08pm Nov 18, 2018Facebook Tweet Mail In a forest in western Ukraine, school children and teenagers are gathered for a week long camp. The camp is run by one of Ukraine's radical nationalist groups. 9News Some of the children in the camps are as young as eight. 9News They clamber out of their tents, rubbing sleep from their eyes as they grab AK-47 assault rifles, while instructors yell commands. This drill - a simulated enemy attack - is part of a brutal training regime, run by one of Ukraine's radical nationalist groups. Get out, quickly, where is your weapon ! they scream. (news.financializer.com). As reported in the news.

asia-pacific: You know the two big giants in the room, Papua New Guinea PNG Prime Minister Peter O'Neill said at a closing news conference on Sunday, when asked which members of the Asia-Pacific Economic Cooperation APEC group could not agree, according to Nine News Australia. When asked about the main issues preventing agreement, O'Neill replied The World Trade Organisation and reform of the World Trade Organisation, but said that was outside APEC's remit. To improve your experience update it here News World No APEC communique amid China-US tensions9 38pm Nov 18, of Asia-Pacific economies have been unable to agree on communique at a summit in Papua New Guinea as deep divisions between the United States and China over trade and investment dominated the meeting. APEC has got no charter over World Trade Organisation, that is a fact. A Leaders' Declaration has been issued after every annual APEC leaders' meeting since the first in 1993, the group's website shows. Those matters can be raised at the World Trade Organisation. (news.financializer.com). As reported in the news.

week: A barrel of Brent crude cost 86 at the beginning of October, according to The Guardian. Last week the cost of a barrel fell to just 66 before settling at 67. In the global ranking of economic events, a 20%-plus drop in the price of the black stuff is a big deal. Of course, the Brent price is only back to where it was in March, and remains well above the low of 28 it hit in early 2016. And if fuel costs are not rising and the Federal Reserve is no longer pushing for higher rates, the pressure will be off the Bank of England, the European Central Bank and the Bank of Japan to follow suit. Yet such a dramatic fall will force America's central bank to rip up its forecasts for inflation and reconsider some of its planned interest rate rises. (news.financializer.com). As reported in the news.

crafts shop: In it, the struggling shopkeeper wrote We will be shutting up shop soon, according to The Guardian. We can't go on. The Just A Card campaign was started by London-based artist Sarah Hamilton three years ago after she read a mournful first person account of the owner of an arts and crafts shop facing closure. Our little business has been a success in every way except one it doesn't make money. Inspired by the story, Hamilton launched Just A Card to encourage people to buy from independent galleries and shops by reinforcing the message that all purchases, however small, even just a card are vital to the prosperity and survival of small businesses. I've never got down on my knees and begged them to buy a card before they go, but I think about it. (news.financializer.com). As reported in the news.

kane strikes: Harry Kane strikes late to take England through to Nations League finals Read more But the Swiss hit back to lead 3-2 at half-time with a penalty from Ricardo Rodriguez and two from Seferovic before Elvedi atoned for his mistake by heading them further in front in the 62nd minute and then Seferovic added a fifth, according to The Guardian. The two sides finished level at the top of Group Two in League A the top tier with nine points and the Swiss qualified with the better head-to-head record after Belgium's 2-1 win in Brussels. Belgium, who suffered only their second competitive defeat since Euro 2016, threatened to overwhelm Switzerland when Thorgan Hazard scored twice in the first 17 minutes, the first from an awful mistake by Nico Elvedi in the second minute. Hazard, playing alongside his older brother Eden, fired a low shot past Yann Sommer from the edge of the area to make it 2-0. The contest appeared to be over but Switzerland were handed a lifeline in the 26th minute when Kevin Mbabu went down in a congested goalline scramble and Rodriguez scored from the spot. Quick guide Nations League fixtures and results Show Hide Thursday 15 November League A, Group 2 Belgium 2-0 IcelandA4 Croatia 3-2 SpainB3 Austria 0-0 Bosnia-HerzegovinaC2 Hungary 2-0 Estonia, Greece 1-0 FinlandD1 Kazakhstan 1-1 Latvia, Andorra 1-1 GeorgiaD2 Luxembourg 0-2 Belarus, San Marino 0-1 Moldova Friday 16 November League A, Group 1 Netherlands 2-0 FranceB1 Slovakia 4-1 UkraineB4 Wales 1-2 DenmarkC3 Cyprus 1-1 Bulgaria, Slovenia 1-1 NorwayD4 Gibraltar 2-6 Armenia, Liechtenstein 0-2 FYR Macedonia Saturday 17 November League A, Group 3 Italy 0-0 PortugalB2 Turkey 0-1 SwedenC1 Albania 0-4 ScotlandC4 Serbia 2-1 Montenegro, Romania 3-0 LithuaniaD3 Azerbaijan 2-0 Faroe Islands, Malta 0-5 Kosovo Sunday 18 November League A, Group 2 Switzerland 5-2 BelgiumA4 England 2-1 Croatia B3 Northern Ireland 1-2 Austria C2 Hungary 2-0 Finland, Greece 0-1 EstoniaD2 San Marino 0-2 Belarus, Moldova 1-1 Luxembourg Monday 19 November League A, Group 1 Germany 2-2 NetherlandsB1 Czech Republic 1-0 SlovakiaB4 Denmark 0-0 Republic of IrelandC3 Cyprus 0-2 Norway, Bulgaria 1-1 SloveniaD1 Georgia 2-1 Kazakhstan, Andorra 0-0 LatviaD4 FYR Macedonia 4-0 Gibraltar, Liechtenstein 2-2 Armenia Tuesday 20 November League A, Group 3 Portugal v PolandB2 Sweden v RussiaC1 Scotland v IsraelC4 Serbia v Lithuania, Montenegro v RomaniaD3 Malta v Faroe Islands, Kosovo v Azerbaijan All kick-offs 7.45pm GMT unless stated Ups and downs so far League AFinals Netherlands, Switzerland, Portugal, England Relegated Germany, Iceland, Poland, Croatia League BPromoted Ukraine, Bosnia-Herzegovina, Denmark Relegated Slovakia, Turkey, N Ireland, Rep of Ireland League CPromoted Finland, Norway Relegated Estonia, Slovenia, Lithuania League DPromoted Georgia, Belarus, Macedonia Photograph Jane Barlow/PA Was this helpful Thank you for your feedback. (news.financializer.com). As reported in the news.

leaders meeting: The Pacific island nation's prime minister, Peter O'Neill, blamed two big giants in the room for the discord, according to The Toronto Star. Prime Minister Justin Trudeau answers questions from reporters after attending the APEC 2018 Economic Leaders Meeting at Port Moresby, Papua New Guinea on Sunday, Nov. 18. For the first time since leaders began attending the annual Asia-Pacific Economic Cooperation meeting in 1993, no statement was issued after two days of talks in Papua New Guinea. Aaron Favila / The Associated Press The failure to agree on a largely symbolic statement lowers expectations for U.S. President Donald Trump and Chinese counterpart Xi Jinping to reach a breakthrough when they meet a few weeks from now at a Group of 20 summit in Argentina. Tensions were already high heading into Sunday after Xi and Vice President Mike Pence traded barbs in back-to-back speeches a day earlier. Financial markets have swerved in recent weeks as investors gauge whether an end to the trade war is near. (news.financializer.com). As reported in the news.

sutton forest: Detectives from the Organised Crime Squad's Money Laundering Unit were conducting inquiries into a possible cash run' between Sydney and Melbourne when they stopped a vehicle on Saturday, November 10, travelling northbound on the Hume Highway at Sutton Forest, according to Nine News Australia. After conducting a roadside drug test, the 47-year-old male driver of the vehicle returned a positive reading for methylamphetamine. To improve your experience update it here News NationalNSW man charged after 1 million cash found in car boot By Stuart Marsh7 00am Nov 19, have charged a man with alleged money laundering after they found 1 million in cash in the boot of his car in NSW's Southern Highlands. Detectives from the Organised Crime Squad's Money Laundering Unit were conducting inquiries into a possible cash run' between Sydney and Melbourne when they stopped a vehicle on Saturday, November 10, travelling northbound on the Hume Highway at Sutton Forest. The 47-year-old driver and a 38-year-old passenger were arrested and taken to Moss Vale Police Station. NSW Police Media Following the result of the drug test, officers searched the car and located a sports bag containing 1 million in cash. (news.financializer.com). As reported in the news.

bannon: The emails are likely to be scrutinised in the US where Robert Mueller, the special counsel investigating possible collusion between the Trump campaign and Russia, has interviewed Bannon a number of times, according to The Guardian. An email, dated 24 October 2015, written by Banks and copied to Bannon among others, states that Leave.EU would like CA Cambridge Analytica to come up with a strategy for fundraising in the States and engaging companies and special interest groups that might be affected by TTIP Transatlantic Trade and Investment Partnership . Banks is under criminal investigation over the sources of his 8m donation to the Leave.EU campaign after the Electoral Commission suspected he was not the true source of loans and the money had come from impermissible sources claims denied by Banks. Banks, as founder of Leave.EU, wanted Bannon's data firm Cambridge Analytica to devise a plan in late 2015 for raising funds in the US that would support the unofficial Brexit campaign, according to the correspondence. Political donations from foreigners are illegal under British law. Banks states in the email that US citizens with British relatives could be targeted for donations, writing that a potential strategy should look at how we could connect to people with family ties to the UK and raise money and create SM social media activity. The email that suggests Banks attempted to solicit overseas donations for his unofficial Brexit campaign is likely to be published as evidence by parliament's inquiry into fake news on Monday. (news.financializer.com). As reported in the news.

danforth: Access Alliance is one of five agencies based in Access Point on the Danforth, according to The Toronto Star. Jonathan Nicholls / for the Toronto Star Access Point on Danforth is a multiservice community hub for the neighbourhoods surrounding Danforth and Victoria Park Aves., shown here. According to the United Way, a strong neighbourhood is one where nobody is disadvantaged because of where they live. Jonathan Nicholls / for the Toronto Star Unfortunately, many of Toronto's inner-city neighbourhoods don't fit this definition, with residents living below the poverty line, a lack of adequate community programs and infrastructure, and growing needs. From 2005 to 2014, through targeted investments and partnerships, 269 million was invested in 220 programs, including the development of community hubs for social services, and funding for resident-led projects, such as playgrounds and community gardens. Consultation for the Building Strong Neighbourhood Strategy BSNS began in 2005, and the following year the United Way launched the program, which aimed to close the growing gaps in 13 priority neighbourhoods by improving access to social programs and services. (news.financializer.com). As reported in the news.

hospital saturday: The protester was killed when a driver caught in traffic accelerated in a panic at Pont-de-Beauvoisin, near Chambery, said Louis Laugier, the top state official in the eastern Savoie region, according to Nine News Australia. According to French media reports, the protesters knocked on the woman's car as she tried to take her daughter to hospital Saturday local time. To improve your experience update it here News World French driver swamped by protesters hits and kills' one amid nationwide fuel tax hike By AAP7 09am Nov 18, 2018Facebook Tweet MailA protester has been killed and 47 others injured during roadblocks set up around France to demonstrate against rising fuel taxes. A protester has been killed and 47 others injured during roadblocks set up around France to demonstrate against rising fuel taxes. Police said three of the 47 injured in separate incidents are in a serious condition. AP An investigation has been launched. (news.financializer.com). As reported in the news.