Land of Abundance

<正>Sichuan taps Belt and Road for overseas partnerships It has the sixth highest GDP in China,the largest potential for hydropower generation and is the gateway not only to China’s west,but also to Southeast Asia’s developing markets.It’s also home to pandas.But it’s not enough,and Sichuan,a southwestern province of China,is on a mission to climb the GDP and development indicator rankings in the country,using the Belt and Road Initiative.     

Estimating mortgage prepayments and defaults in older federally assisted rental housing and the possible costs of preventing them

Abstract

An issue now facing the federal government is whether and, if so, how to intervene to prevent mortgage prepayments and defaults on federally assisted low‐income rental units. This paper presents the preliminary estimates of the potential scope of the problem in terms of the possible incidence and timing of these actions, and the costs of preventing them. The estimates are based on modified versions of the model developed for the National Low Income Housing Preservation Commission's study, Preventing the Disappearance of Low Income Housing.

An intermediate version of the modified model predicts 45 percent fewer defaults, 154,000 versus 280,000 units, and 45 percent lower total costs for preventing defaults, $4.6 billion versus $8.4 billion. On the other hand, 16 percent more prepayments are predicted, 283,000 versus 243,000 units. Estimated total costs for preventing prepayments are 17 percent lower, however — $8.5 billion versus $10.3 billion.     

Constitutional Court of the Russian Federation,Ruling of February 8, 2001, No. 15-O

In Nal' chik they are estimating the losses caused at residences during an attack by fighters and are replacing glass in the buildings in the Iskozh neighborhood, located near the third city division of internal affairs, where the fighters held hostages for more than a day.     

Constitutional Court of the Russian Federation,Determination of October 3, 2002, No. 233-O

A group of members of the Public Chamber adopted a petition addressed to the parliament. It contains a proposal to improve the legislation in the sphere of countering extremist activity.