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Tuesday, July 07, 2015

Yamani: Release Of Mortgaged Property From Debenture Pool

Yemeni forces have fired as many as 38 rockets at several Saudi military bases in the southwestern province of Jizan. There has been no immediate report on the possible casualties or damage caused in the Thursday attack. The attack has been in retaliation for the deadly Saudi aggression against the impoverished Arab nation. Earlier in the day, Saudi war planes targeted a market in the northwestern Yemeni province of Amran, killing at least seven people. Meanwhile, the Saudi fighter jets bombarded the region of Sadad in the district of Bagim in the northeastern province of Sa’ada. Saudi forces also fired shells at an area in the town of Munabbih in Sa’ada. Saudi warplanes also launched six airstrikes targeting the headquarters of Yemeni forces in the district of al-Bayda in the central province of al-Bayda. In a separate development, the political council of Yemen’s Ansarullah movement condemned the deadly Saudi airstrikes against Yemeni people and the international community’s silence regarding the Saudi aggression. The council said that Riyadh has crossed all red lines in its aggression against the impoverished nation. Saudi fighter jets have been bombarding Yemen since March 26 without authorization from the United Nations and headless of international calls for a halt to the onslaught. According to the United Nations, over 3,000 Yemenis have been killed and 14,000 more injured in over three months of conflict in the country. Local Yemeni sources, however, say more than 4,500 people have been killed in the Saudi strikes. Deadly car bombs hit Yemen, day after almost 200 killed Latest update : Mate in Al Abr says 86 soldiers killed & over 200 injured, many seriously in 3 #Saudi air strikes on 23rd Brigade. #Yemen Tue, Jul 07 17:19 PM EDT image By Mohammed Ghobari SANAA (Reuters) - Two deadly car bombs hit the capital Sanaa and a southern city in Yemen on Tuesday, state news agency Saba reported, a day after air strike and clashes killed almost 200 people nationwide. Islamic State in Yemen claimed responsibility in a statement posted online for the Sanaa attack, latest in a string of recent actions by the hardline Sunni Muslim group against Shi'ite Houthis who run the capital. One of the explosives-laden cars detonated near a hospital in downtown Sanaa, which the news agency controlled by Yemen's dominant Houthi group said killed and injured "numerous" people, while another killed around 10 people in al-Bayda, capital of a province in the country's battle-weary south. Saudi-led coalition air strikes and clashes killed at least 176 fighters and civilians in Yemen on Monday, residents and media run by the Houthi movement said, the highest daily toll since the Arab air offensive began more than three months ago. The United Nations has been pushing for a halt to air raids and intensified fighting that began on March 26. More than 3,000 people have been killed since then as the Arab coalition tries stop the Houthis spreading across the country from the north. The Iran-allied Shi'ite Houthis say they are rebelling against a corrupt government, while local fighters say they are defending their homes from Houthi incursions. Sunni Saudi Arabia says it is bombing the Houthis to protect the Yemeni state. As fighting has raged across Yemen's south, the conflict has taken on a sectarian tinge, pitting the Shi'ite Houthis against local Sunni fighters who in many places fight alongside hardline al Qaeda militants, who also revile the Houthis. "COLLAPSING" On Monday, about 63 people were killed in air strikes on Amran province in the north, among them 30 people at a market, Houthi-controlled state media agency Saba said. In the same province, about 20 fighters and civilians were killed at a Houthi checkpoint outside the main city, also named Amran, about 50 km (30 miles) northwest of the Yemeni capital of Sanaa, local residents said. Arab alliance war planes also killed about 60 people at a livestock market in the town of al-Foyoush in the south. Also in the south, residents reported a further 30 killed in a raid they said apparently targeted a Houthi checkpoint on the main road between Aden and Lahj. They said 10 of the dead were Houthi fighters. Tribal sources in the central desert province of Marib said about 20 Houthi fighters and soldiers fighting alongside them were killed in air raids and gun battles with tribal fighters, who support Yemen's president in exile Abd-Rabbu Mansour Hadi. On Tuesday, U.N. envoy to Yemen Ismail Ould Cheikh Ahmed continues meetings with Houthi officials in Sanaa to try to broker a ceasefire to allow aid deliveries. One Houthi official said Monday's attacks had dealt a blow to peace efforts. (Additional reporting by Mostafa Hashem in Cairo and Tom Miles in Geneva; Writing by Noah Browning; Editing by Ralph Boulton) ========= BRITISH LAND | Release Of Mortgaged Property From Debenture Pool | RNS RNS Number : 5218I British Land Co PLC 15 June 2011  NOTICE TO The holders of the £200,000,000 6.75% First Mortgage Debenture Bonds due 2020 (ISIN (bearer): XS0085945037, ISIN (registered): GB0002647542); £110,000,000 5.0055% First Mortgage Amortising Debenture Bonds due 2035 (ISIN (bearer): XS0276843603, ISIN (registered): GB00B1J01F91); £310,000,000 5.357 % First Mortgage Debenture Bonds due 2028 (ISIN (bearer): XS0263450909, ISIN (registered): GB00B19ZPK76); and £330,000,000 5.264 % First Mortgage Debenture Bonds due 2035 (ISIN (bearer): XS0263451972, ISIN (registered): GB00B19ZSN13) of The British Land Company PLC (the "Debentures" and the "Company" respectively) The Company gives notice to the holders of the Debentures that on 14 June 2011 the freehold property known as Ropemaker Place at Ropemaker Street, London EC2Y 9LY and the freehold property known as the Oldham Centre Retail Park, Oldham were each released from the pool of mortgaged property securing the Debentures, the requirements relating to aggregate valuation of the secured mortgaged properties and the net annual income from such properties having been met. The British Land Company PLC York House 45 Seymour Street London W1H 7LX Registered in England and Wales No. 621920 =================================== British Land Company PLC is a real estate company. The Company manages, develops and finances an approximately £17.8 billion portfolio of properties. The Company focuses on high-quality retail locations around the United Kingdom and London offices. The Company allocates resources to investment and asset management according to the sectors it expects to perform over the medium-term. Its two principal sectors are offices and retail. The Office sector includes residential, as this is often incorporated into Office schemes, and Retail includes leisure, for a similar rationale. The relevant revenue, net rental income, operating result, assets and capital expenditure, being the measures of segment revenue, segment result and segment assets used by the management of the business. Revenue is derived from the rental of buildings. Operating result is the net of net rental income, fee income and administration expenses. « less Share Price (Full) 811p Change  1.5% Mkt Cap (£m) 8,155 P/E (fwd) 23.8 Yield (fwd) 3.6 ======================= Investor hopes rise for huge settlements in ex-Lehman RMBS Tue, Nov 04 16:46 PM EST By Andrew Park NEW YORK, Nov 4 (IFR) - Investors pursuing claims against US banks for losses on pre-crisis RMBS believe recent developments in the Lehman Brothers bankruptcy case have bolstered their ability to get substantially higher payouts versus previous settlements. Trustees of the Lehman RMBS bonds - US Bank, Law Debenture, Wilmington Trust and Deutsche Bank National Trust Company - proposed to hike the reserves for claims to US$12.143bn from US$5bn on August 22, according to a court filing. A hearing for the motion is scheduled for December 10. The bonds have rallied on the back of that amid hopes that investors could net triple the amount received from prior settlements of soured mortgage bonds over the past three years issued by Countrywide, JP Morgan and Citi. "People finally are paying for the option," said one hedge fund investor. The move by the trustees is seen as more aggressive by market players and has drawn criticism by lawyers acting for Lehman who say the higher estimates are too out of line with settlements agreed before in the other cases. "By suggesting that the RMBS claims should be valued at US$12.143bn, the RMBS trustees would have the Court believe that they accepted settlements with other banks that are five to six times less than the value of their actual claims," Lehman's lawyers, Willkie Farr & Gallagher and Jones & Keller, said in a filing on October 15. Still, the situation is garnering plenty of attention as it could have broader ramifications if the trustees' claims are upheld. Some disgruntled investors have already had luck in getting more cash out of banks following settlements they thought were too low, and this may give others more confidence to pursue cases. Bank of America Merrill Lynch settled with American International Group (AIG) for an undisclosed amount on its representations and warranties claims on July 16, after the insurer argued that Bank of New York Mellon, the trustee acting on its behalf, should have secured a higher payout in the US$8.5bn settlement for Countrywide. AIG's claimed that the potential settlement amount was as high as US$30bn at one point. Investors involved in JP Morgan's settlement may be next to test the waters following the passing of the deadline on Monday for them to pursue claims. Some of the objectors so far are the Triaxx CDOs, the Federal Home Bank of Boston, NCUA, Ambac and QVT, according to market participants following the case. Those objectors will present their case to the judge tentatively scheduled for December 16. ON THE HOOK The Lehman case involves five bond shelves - SASCO, SAIL, SARM, LXS, and LMT - which all closed between 2004 to 2007 before the bank's bankruptcy. The big difference between the Lehman situation and those of its predecessors is that the bond trustees this time around would be liable for any potential claims from investors. If the investors deem their payouts should have been higher, the trustees could be on the hook for the difference, according to Isaac Gradman, attorney at Perry Johnson Anderson Miller & Moskowitz LLP. In contrast, banks gave indemnity to the trustees in the three earlier situations so that any future liability would be borne by the banks themselves. Gradman estimated that the payout sought from Lehman equates to about 30 to 40 cents on the dollar of losses if the full US$12.143bn requested by the RMBS trustees is factored in. That's as much as five times the six to eight cents on the dollar that was offered in the Countrywide settlement back in 2011, JP Morgan's in 2013 or the US$1.125bn Citigroup settlement in early 2014. Lehman is standing its ground on its US$5bn offer. In an objection filed on October 15, the bankrupt entity's lawyers said the Lehman settlement should be closer to US$1.96bn-US$2.44bn if trustees applied the same percentage on previous cases to the current Lehman Brothers situation. The trustees however, believe that losses are being severely underestimated given the poor quality of the underlying loans of the securities and the misrepresentation of risk by banks when they were sold. Their views are partly based on the analysis of Charles Parekh, director at Duff & Phelps. On August 21, Parekh estimated that the Lehman trusts had already suffered losses of US$15.68bn, with a further US$5.548bn of expected additional losses yet to come. Parekh sampled 416,091 loans in 255 trusts, stating that it was not economically viable to analyse the complete pool given the cost and time it would involve. He was hired by law firms Alston & Bird, Seward & Kissel, Chapman & Cutler and Nixon & Peabody, counsel for the trustees. (Reporting by Andrew Park; Editing by Natalie Harrison and Shankar Ramakrishnan) ===================== DEFINITION of 'Fixed Debenture' A note that carries a fixed (as opposed to floating) charge against the issuer's property or assets for repayment. The charge will remain on the company's records until the debenture is repaid. Corporations can issue fixed debentures to finance operations in the same way they issue stock. Fixed debentures can be issued singly or in a series. They pay out a fixed rate of interest at regular intervals. INVESTOPEDIA EXPLAINS 'Fixed Debenture' Fixed charge debentures require restrictions on the underlying property or asset backing the loan to ensure the lenders' security. For example, a company may issue a fixed debenture to obtain a mortgage; the mortgage would most likely preclude the borrower (company) from subletting the mortgaged property to a third party. Read more: http://www.investopedia.com/terms/f/fixed-debenture.asp#ixzz3fCe9JsFC Follow us: @Investopedia on Twitter ================================ DEFINITION of 'Home Mortgage' A loan given by a bank, mortgage company or other financial institution for the purchase of a primary or investment residence. In a home mortgage, the owner of the property (the borrower) transfers the title to the lender on the condition that the title will be transferred back to the owner once the payment has been made and other terms of the mortgage have been met. A home mortgage will have either a fixed or floating interest rate, which is paid monthly along with a contribution to the principal loan amount. As the homeowner pays down the principal over time, the interest is calculated on a smaller base so that future mortgage payments apply more towards principal reduction as opposed to just paying the interest charges. INVESTOPEDIA EXPLAINS 'Home Mortgage' Home mortgages allow a much broader group of citizens the chance to own real estate, as the entire sum of the house doesn't have to be provided up front. But because the lender actually holds the title for as long as the mortgage is in effect, they have the right to foreclose the home (sell it on the open market) if the borrower can't make the payments. A home mortgage is one of the most common forms of debt, and it is also one of the most advised. Mortgage loans come with lower interest rates than almost any other kind of debt an individual consumer can find. Read more: http://www.investopedia.com/terms/h/home-mortgage.asp#ixzz3fCoxSOmg Follow us: @Investopedia on Twitter =========================== An upgraded summary of the connection between politics and anlaysis of Shiite traditions as we near the end of the year. Followers of Ahlulbayt (a.s.) should be prepared at the highest degree in regards to their surrounding. This phase we are entering is Shiaphobia on a global scale but God willing those deemed weak on the Earth shall be the prosperous. *** With all respect, if one does not understand the deeper politics please don't comment or criticise. If you're asking in order to learn then feel free to do so. Otherwise please study your politics and try communicating with people in other countries in order to understand the situations therein. **** **************************************************************************** IRAN: Iran will be hit by Israeli forces who will cover themselves as being Saudis. This is similar to what happened when an Israeli pilot used a Saudi jet to bomb Yemen with a neutron bomb when the war broke out. The Israelis recently sent their jets to France and Moscow in order to be re-sprayed using billions of dollars to cover themselves in the attack on Iran. Once the green light is given to Saudi Arabia from beneath the tables by Israel they will launch an attack on Iran. After the Saudis receives a retaliatory hit by Iran they will directly attack the Ka’ba and destroy it so that the people of Pakistan, Indonesia, Singapore, Afghanistan and other countries are aggravated and prepare to fight against the Islamic Republic. YEMEN: Ansarullah will be victorious as they advance and many of the Saudi takfiris will be exterminated at their hands. SAUDI ARABIA: WikiLeaks is the means to the fall for Saudi kingdom; this is among the big issues that has rocked the globe during this holy month of Ramadhan. The leaks have broken the back of the Saudis and their opposition forces like Hezbollah understand exactly what they are planning, the locations of their agents and places of gatherings. Lebanon, Kuwait, Qatar, Jordan and Iraq are now starting to see the massive influence that Saudi Arabia had over their countries without their knowledge. America has a great pressure over the Saudis because it wants to thwart the Iranian nuclear deal through Al-Saud. The Al-Saud dynasty are severely divided among their family members leaving the children behind who are incapable of ruling as Israel has full control over them. The Saudis are trying to squeeze themselves out of the glass bottle but America is not allowing them out of the bottle and this is why the divisions arose within the Saudi family. The Saudi state will be split into three sub-states as the Yemeni Ansarullah advance at them, while also forces from Sudan and Egypt who are against Al-Saud will fight the Kingdom. These feuds will possibly cause Mohammad Ibn Nayef to be killed and the king Salman to die. That's when the rule of years ends and the rule of months begins - if Salman dies before the end of the year. Natural events will be seen in the skies in Saudi Arabia similar to what God did to the people of the Elephant. QATAR: A revolution is planned for the Gulf where the Qatari emir will be removed by either being killed or some other aspect. A person that resides within the Kuwaiti intelligence agencies (at the highest levels) is involved and has good relations with the Australian prime minister and strong connections with Al-Saud. The Qatar soccer world cup will not occur in 2022 because the country falling in a few months from now, along with six other Arab states. KUWAIT: The Gulf will be divided. ISIS Wahhabis will attack Kuwait and will enter Iraq through Kuwait. Wahhabi loyalists in Kuwait are everywhere in Kuwait such that the flags of ISIS are on the average citizen’s cars and their objects. There is no less than 700,000 Wahhabi/Daesh supporters in a population that is about a million in its entirety. That means these Wahhabis have infiltrated all Kuwait's security and intelligence faculties. They are waiting for zero hour and a green light by their takfiri scholars to make a move and will overtake the whole country in a short time frame. It is evident as the last attacker on the Kuwaiti Shiite mosque was capable of penetrating airport security showing how the Saudis, Emirati’s and others are supporting these terrorists directly to attack Shiites and sow discord between Sunnis/Shias. What is even laughable is Iran was blamed for these attacks and they perceived that Iran got these extremists from Saudi Arabia in order to hurt their own people. The Kuwaiti Shiites have not been allowed to receive a permanent visa for the last 10 years due to commands from the Saudi and Qatari intelligence forces. For that reason, the Qataris spilled their money to Musallam Al-Barrak and Al-Tabtabaie in Al-Azhar. Through these individuals, they aim to destroy Kuwait such that the government will not be able to control the ones carrying out this agenda. The first attack that occurred a few weeks back proves that the country is nearing its end. As we talked earlier, Kuwaiti Wahhabis have installed large quantities of munitions beneath the ground and they marked all Shiite homes in order that fighter jets easily detect them. Kuwaiti intelligence agents have an individual map for the location of Shiite homes compiled under the auspices of Musallem Al-Barrak and other agents. In addition, multiple religious figures will be killed in Kuwait. Bigger events await the Shiites in the coming weeks as this is part of the Sufyani expansion. A big Sheikh may die due to his faltering heart condition whereby his pacemaker is not aiding him anymore. This will cause the Kuwaiti Shiites to go under immense pressures and fear after this scholars demise. They should leave that country as soon as they can and take all their wealth and possessions to Kufa or Karbala. PALESTINE: A faction in HAMAS will be the leading cause of sectarianism in Lebanon in the coming months of September. The head of HAMAS Khaled Meshel is among one of the highest Mossad agents of Israel and they are in the same bed with their so-called ‘enemies’. Wherever the Muslim Brotherhood is located the takfiri ideology follows. Those who support HAMAS must see how they are putting their faith in the wrong place as they are killing Iraqi PMU, Hezbollah, and Syrian forces that are seeking freedom. How can we support the Sufyani so openly? (This is not a means for sectarianism but facts that people should be informed of) EGYPT: The ISIS flag will be lifted high in the middle of Cairo as discussed earlier during the year. All the Saudi and Emirati money that is given to these terrorists will go to waste as they will turn against their mother Qatar who were the original financers using the Libyan money. A part of HAMAS will enter the ranks of ISIS in Egypt. The Daesh terrorists will succeed in Libya and will use all Libyan power to expand their agendas until the flag is set in Egypt. Al-Sisi will not be able to control them despite all the power he has. Egypt’s intelligence have been infiltrated by those of the Wahhabi Muslim brotherhood who are part of the agency and have begun to ramp up their activity in the government. President Sisi will be removed just as Hisham Barakat led all the anti-Morsi agendas and those against Anwar Sadat. Egypt will experience greater attacks from the Sufyani than Iraq and mosques with other elements are their main targets. Egypt will go through severe poverty alongside other Arab countries. In the Quran it states, “We shall test you with something of fear and hunger and loss of lives” SYRIA: Turkey, Saudi, and Qatar aim to enter Dar’a so that they stand at the gates of Damascus. From now to August, there will be immense attacks on Damascus. These alliances will cause Dar’a to be taken over such that people’s hearts reach their throats, women’s bellies will be slit open and huge events intensify as we near September. Damascus will be struck. Bashar will be toppled by either running away or will be killed. Nevertheless, the Sufyani rules Syria for a short period of time despite the entire world saying it won't happen. IRAQ: The Sarkhi group is fake and he originates from Banu Lam i.e. his lineage is not of the Holy Prophet’s (saws) family. All those who follow him are being misguided. If people want to get upset, that is their problem but the truth must be told. In addition, the Hasani who claims himself to be the son of Imam Mahdi (ajtfs) is a fake and both Sarkhi and Hasani are financed by Qatar. They are no different to the takfiris and will be among those Shiites who will fight the the Imam (ajtfs). EUROPE: In Germany there are 200,000 Wahhabis alone and they are aiming to attack Shiite mosques, showing that the European governments are silently eroding. Spain and Australia will be a fountain for the takfiris and Shiites will also be attacked there as this movement will spread globally to fight anyone against their ideology and mainly Ahlulbayt (a.s.) followers. It is known that Sufyani is a tool in the hands of Dajjal to attack anyone against them. That means, similar to the Zealots who were used during the time of Prophet Jesus (pbuh) and they were controlled by the governments of their time, in our age the same thinking and agendas apply.

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