MANILA, Philippines — The endorsement of some influential groups of more than 12 senatorial candidates could have led to “overvotes” of over a million in the May 13 elections that were invalidated, Sen. Aquilino Pimentel III said yesterday. Pimentel, chairman of the Joint Congressional Oversight Committee on the Automated Election System (JCOC-AES), said the reported 1.17 million overvotes in the just concluded polls would be one of the issues to be tackled when the panel conducts an inquiry on June 4. “There’s an issue on the overvotes because they’re considered spoiled. If there were overvotes for senatorial candidates, what happens to the vote for other positions? They should not be affected,” Pimentel told radio station dzBB. The Commission on Elections (Comelec) is considering proclaiming six of the winning senatorial candidates within the week. Frances Arabe, Comelec - Education and Information Division (EID) assistant director, said … [Read more...] about Probe set on 1 million invalidated votes
1 billion how much million
Trump tax figures show over $1 billion (U.S.) in business losses
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By Russ Buettner The New York Times Susanne Craig Tues., May 7, 2019 By the time his master-of-the-universe memoir Trump: The Art of the Deal hit bookstores in 1987, Donald Trump was already in deep financial distress, losing tens of millions of dollars on troubled business deals, according to previously unrevealed figures from his federal income tax returns. Trump was propelled to the presidency, in part, by a self-spun narrative of business success and of setbacks triumphantly overcome. He has attributed his first run of reversals and bankruptcies to the recession that took hold in 1990. But 10 years of tax information obtained by the New York Times paints a different, and far bleaker, picture of his deal-making abilities and financial condition. The data — printouts from Trump’s official Internal Revenue Service (IRS) tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and … [Read more...] about Trump tax figures show over $1 billion (U.S.) in business losses
Scandal-hit Australian banks earmark billions to repay customers
SYDNEY: Australia's big banks - once among the most profitable in the world - are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.Industry heavyweight the National Australia Bank on Thursday (May 2) became the latest bank to outline the mounting cost of refunding ripped-off customers following a government probe into the sector.The company announced it had set aside A$1.1 billion (US$770 million) in the last financial year to remediate customers.A year-long Royal Commission exposed rampant bank malpractice that included charging fees to dead people, charging fees for no services at all, aggressive selling tactics and poor advice that led to significant financial upheaval for clients.The year-long investigation singled out NAB for especially harsh criticism, forcing the departure of the firm's CEO and chairman.It "forced us to confront broader issues of how we treat customers", the bank said in a statement … [Read more...] about Scandal-hit Australian banks earmark billions to repay customers
Scandal-hit Aussie banks earmark billions to repay customers
SYDNEY: Australia's big banks - once among the most profitable in the world - are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.Industry heavyweight the National Australia Bank on Thursday (May 2) became the latest bank to outline the mounting cost of refunding ripped-off customers following a government probe into the sector.The company announced it had set aside A$1.1 billion (US$770 million) in the last financial year to remediate customers.A year-long Royal Commission exposed rampant bank malpractice that included charging fees to dead people, charging fees for no services at all, aggressive selling tactics and poor advice that led to significant financial upheaval for clients.The year-long investigation singled out NAB for especially harsh criticism, forcing the departure of the firm's CEO and chairman.It "forced us to confront broader issues of how we treat customers", the bank said in a statement … [Read more...] about Scandal-hit Aussie banks earmark billions to repay customers
Trudeau says country must talk about how and where to rebuild after floods
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By Jordan Press The Canadian Press Sun., April 28, 2019 OTTAWA—Prime Minister Justin Trudeau didn’t close the door Sunday on using federal dollars to help relocate communities facing the recurring threat of severe flooding. Flooding in New Brunswick, Quebec and Ontario has forced the evacuation of thousands, and threatened more property as water continues to rise with peaks not expected along the Ottawa River until Tuesday. Since the Liberals took office in late 2015, the government has approved almost $1.27 billion in funding for 41 projects deemed “disaster mitigation,” according to federal figures. The numbers show that only a handful of projects have started and many will take years to complete. In the meantime, Trudeau suggested, the federal government needed to make sure future infrastructure spending hit the “right” projects to “protect our communities and ensure their prosperity long-term.” He said the country … [Read more...] about Trudeau says country must talk about how and where to rebuild after floods