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Black America Needs a 'New Normal': Equitable Credit Access to Build Wealth - Los Angeles Sentinel | Los Angeles Sentinel

Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth
By Charlene Crowell
Charlene Crowell
Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 Americans lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs – more losses than even those of the Great Recession, finds the University of New Hampshire’s Carsey School of Public Policy.
Although many officials have called for a ‘return to normal’, millions of small businesses and communities need something new instead. In Black America especially, the ‘old normal’ never delivered equitable access to wealth-building opportunities as those that well-served served much of white America. Instead, a lengthy history of public policies designed to create and sustain a burgeoning middle class systemically excluded Blacks and other people of color. ....

New York , United States , Janet Yellen , Carla Sanchez Adams , Adewale Adeyemo , Charlene Crowell , Roberte James , Maxine Waters , Ashley Harrington , Sanchez Adams , Nikitra Bailey , House Financial Services , Financial Services , Mckinsey Us Small Business Pulse , Texas Rio Grande Legal Aid Inc , National Bankers Association , New York Times , Carver Development , Home Owners Loan Corporation , Community Development Financial Institutions , Great Recession , New Hampshire , Carsey School , Black America , Capitol Hill , President Biden ,

Black America Needs A 'New Normal': Equitable Credit Access To Build Wealth

Black America Needs A âNew Normalâ: Equitable Credit Access To Build Wealth
April 2, 2021
ByÂ CharleneÂ Crowell
(Trice Edney Wire) – Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 Americans lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs – more losses than even those of the Great Recession, finds the University of New HampshireâsÂ Carsey School of Public Policy.
Although many officials have called for a âreturn to normalâ, millions of small businesses and communities need something new instead. In Black America especially, the âold normalâ never delivered equitable access to wealth-building opportunities as those that well-served served much of white America. Instead, a lengthy history of public policies designed to create and sustain a burgeoning middle class systemically exclud ....

New York , United States , Janet Yellen , Carla Sanchez Adams , Adewale Adeyemo , Maxine Waters , Robert James , Ashley Harrington , Sanchez Adams , Nikitra Bailey , House Financial Services , Financial Services , Mckinsey Us Small Business Pulse , Texas Rio Grande Legal Aid Inc , National Bankers Association , New York Times , Carter Development , Home Owners Loan Corporation , Carsey School Of Public , Community Development Financial Institutions , University Of New Hampshire , Trice Edney Wire , Great Recession , New Hampshire , Carsey School , Black America ,

Why Biden embraces Nigerians and shuns Buhari

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It is by now evident that although President Joe Biden appreciates and identifies with Nigerians (certainly in more ways than Donald Trump did), he has nothing but stone-cold disdain for the inert, isolated mannequin in Aso Rock that pretends to be Nigeria’s “president.”
Biden’s first call to an African president (on March 3) after his inauguration wasn’t to the president of the continent’s most populous country; it was to Kenya’s Uhuru Kenyatta. Even in the aftermath of his electoral triumph in November 2020, Biden also only called South Africa’s Cyril Ramaphosa.
And on February 26, Vice President Kamala Harris spoke to President Felix Tshisekedi of the Democratic Republic of the Congo. Nigeria’s geographic and demographic heft in the African continent hasn’t caused it to deserve the attention of America’s new leaders. Well, it has to be because Nigeria is now basically leaderless. Everyone who pays attention knows this. ....

United States , Nigeria General , Democratic Republic Of The Congo , White House , District Of Columbia , Oyo State , Africa Cyril Ramaphosa , Donald Trump , Felix Tshisekedi , Joe Parkinson , Joe Biden , Osaremen Okolo , Funmi Olorunnipa Badejo , Bisi Olaosepin , Kamala Harris , Journal Africa Bureau , President Joe Biden , Aso Rock , South Africa , Vice President Kamala Harris , President Felix Tshisekedi , Democratic Republic , Wall Street Journal , Africa Bureau Chief Joe Parkinson , Francis Abiola Oke , Nigerian Americans ,

Falola: The sociology of excellence

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Published 5 March 2021
A fortnight ago, the news broke that Distinguished Humanities Scholar of the University of Texas, Austin, Prof. Toyin Falola, has been awarded a Doctor of Letters degree by the Postgraduate School of the University of Ibadan. Were the latest academic memento an honorary degree, it would have caused little or no stir, especially as the recipient is already bedecked with laurels of recognition from across the globe. However, the statement posted online made clear that this is an earned degree being awarded by the University of Ibadan for the first time.
A Doctor of Letters can be described simply, as a Higher Doctorate degree, patterned in the Anglophone University tradition on the Oxford University, England’s prototype. Initially called the ‘Doctor of Literature’ at Oxford, the degree became known by the broader and more significant ‘Doctor of Letters’; some countries apply the name, ‘Doctor of Humane Lett ....

New York , United States , Middle Belt , Nigeria General , Wilmot Blyden , Adewale Adeyemo , Toyin Falola , Dagogo Jack , Samuel Dagogo Jack , Joe Biden , Cheikh Anta Diop , Chimamanda Adichie , Bridget Teboh , Ali Mazrui , Richard Joseph , Anthony Joshua , Senate Of The University Ibadan , University Of Ibadan , University Of Massachusetts At Dartmouth , Humanities Scholar Of The University Texas , Anglophone University , University Of Tennesse , City University Of New York , Health Science Centre , Head Of Department , Postgraduate School Of The University Ibadan ,

Biden urged to reinstate sanctions on Israeli mining tycoon

Biden urged to reinstate sanctions on Israeli mining tycoon
In the last days of Donald Trump s presidency, officials quietly handed billionaire Dan Gertler a provisional license that had all but voided earlier sanctions
Trump officials reportedly did not broadly consult with State Department and national security advisers ahead of issuing the license to Dan Gertler (AFP)
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Published date: 4 March 2021 18:33 UTC
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Last update: 2 weeks 5 days ago
The decision to close the Kingamyambo Musonoi Tailings (KMT) Mine in the south of the Democratic Republic of the Congo surprised its 700 employees, who had laid down their tools and left tasks half finished when the gates shut more than 10 years ago. ....

New York , United States , Democratic Republic Of The Congo , Moshe Schnitzer , Donald Trump , Dick Durbin , Louis Freeh , Cory Booker , Benjamin Cardin , Wally Adeyemo , Sasha Lezhnev , Anneke Van Woudenberg , Jimmy Kande , Dan Gertler , Laurent Kabila , Janet Yellen , Jendayi Frazer , Alan Dershowitz , Joseph Kabila , Afriland First Bank , National Security , Justice Department , Quantum Minerals , Accountability In Development , Senate Foreign Relations Committee , New York Times ,