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Top News In குறைவாக ரோமன் கத்தோலிக் தேவாலயம் Today - Breaking & Trending Today

China targets Muslim women in push to suppress births in Xinjian

New York Times: Women in Xinjiang are being forced to have fewer babies. ....

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Bay of Plenty weather: Warmer May than usual, but will it continue?

May has been warmer and drier than previous years on average. ....

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Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts

Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts
5 May, 2021 12:30 AM
4 minutes to read
Worrying national dairy sector debt level coming down. Photo / File
Reserve Bank concerns about dairy farming debt appear to have eased as milk prices remain robust and farmers pay down debt, but an industry stress test paints a grim picture if prices slide for an
extended time.
The Reserve Bank s latest financial stability report said while dairying s share of agriculture sector lending by banks remains considerable , it had declined from 69 per cent to 63 per cent in recent years.
With banks encouraging farmers to use current strong milk prices and low interest rates to pay down existing debt, and a falling number of farmers identified by banks as financially stressed, the dairy sector was building resilience, said the report. ....

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What will Fonterra come out with tomorrow for its capital restructure?

Proposals expected to address milk supply loss and high cost of entry. ....

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Amotekun sacks another 137 northerners from Ondo forest

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Ondo State security outfit, codenamed Amotekun has evicted no fewer than 137 northerners from the state’s forest reserves.
According to Amotekun, the strangers were occupyong the Elegbeka forest reserves along Ifon-Owo road of the state.
The security unit had also arrested and evicted 42 fulani men whose arrival in an Ondo community last week heightened anxiety among residents amid the worsening security situation across the country.
Speaking with newsmen in Akure, the state commander of Amotekun, Chief Adetunji Adeleye said the outfit was committed to ensure that all the illegal forest occupants would be escorted out of the state.
“We got an Intelligence report that very many people bombarded Elegbeka–Ifon area in the state,” he said ....

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