Daily Archives: Jul 10, 2018

PUBLIC NOTICE

CITY OF BUFFALO

ANNUAL ACTION PLAN AMENDMENTS

July 25th, 2018

6:00 p.m.

City Hall, 9th floor, Conference Room 901

65 Niagara Square, Buffalo, NY 14202

Mayor Byron W. Brown invites Buffalo residents to participate in a public hearing to discuss the city’s amendments for the following federal programs: Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG). The city will present amendments to prior year plans for public review and comment. These amendments will also be made available on the city’s website (www.buffalony.gov) on July 25th, 2018.

Written comments to amendments are encouraged, and will be included in the city’s submission to HUD. Comments must be postmarked by Saturday August 25th, 2018 at either 920 City Hall, Buffalo NY 14202; or HUDAdministrator@city-buffalo.com.

Please take note that due to security measures in place at City Hall, the only accessible entrance after hours will be from Elmwood Avenue, located in the back of the building. Any requests for translation services to be present during the hearing must be made at least 5 days prior to the scheduled hearing. For more information regarding this public notice, or to request any special accommodations for the public hearing, please call 851-5449.

NOTICIA PÚBLICA

CIUDAD DE BUFFALO

MODIFICACIONES ANUALES DEL PLAN DE ACCIÓN

25 de julio de 2018

6:00 p.m.

Palacio Municipal, 9no piso, Sala de conferencias 901

65 Niagara Square, Buffalo, NY 14202

El Alcalde Byron W. Brown invita a los residentes de Buffalo a participar en una audiencia pública para discutir las enmiendas de la ciudad para los siguientes programas federales: Community Block Grant (CDBG) y Emergency Solutions Grant (ESG). La ciudad presentará enmiendas a los planes del año anterior para revisión pública y comentarios. Estas enmiendas también estarán disponibles en el sitio web de la ciudad (www.buffalony.gov) el 25 de julio de 2018.

Se recomiendan los comentarios por escrito a las enmiendas, y se incluirán en la presentación de la ciudad a HUD. Los comentarios deben enviarse por correo postal antes del sábado 25 de agosto de 2018 en 920 City Hall, Buffalo NY 14202; o HUDAdministrator@city-buffalo.com.

Tenga en cuenta que debido a las medidas de seguridad vigentes en el Ayuntamiento, la única entrada accesible después del horario de oficina será desde la avenida Elmwood, ubicada en la parte posterior del edificio. Cualquier solicitud de servicios de traducción para estar presente durante la audiencia debe hacerse al menos 5 días antes de la audiencia programada. Para obtener más información sobre este aviso público o para solicitar adaptaciones especiales para la audiencia pública, llame al 851-5449.

LONDON (Reuters) – The dollar strengthened broadly on Monday and neared a six-month high against the Japanese yen as investors bought riskier assets, encouraged by signs that trade tensions have yet to hurt economic momentum.

As the second-quarter corporate earnings season begins investors appear to be ignoring the deepening trade conflict between the United States and China.

Instead the focus is on decent economic data, including favourable U.S. jobs figures and a healthy rise in German exports, which have pushed the dollar and the euro higher.

“Despite a hesitant start to July, the U.S. dollar remains among the strongest of currencies out there, owing to a hawkish central bank,” said Forex.com market analyst Fawad Razaqzada.

The Federal Reserve is expected to raise U.S. interest rates twice more this year at a time when other major central banks are refraining from monetary tightening.

The greenback could enjoy a further boost if U.S. consumer price inflation figures beat expectations when they are published on Thursday.

A broad appetite for risk in currency markets on Tuesday lifted the dollar against the Japanese yen, a currency usually bought in times of political uncertainty. It was up 0.5 percent at 111.35 yen, approaching a six-month high.

Elsewhere, the British pound recovered some of the losses suffered after two ministers quit over the government’s Brexit plans.

Expectations that Theresa May will survive as Prime Minister to start negotiating her blueprint with the European Union briefly pushed sterling into positive territory on Tuesday, though gross domestic product data in line with forecasts and the stronger dollar weighed on the currency.

The pound had tumbled more than a cent on Monday to below $1.32 amid speculation that Britain was descending into deep political turmoil less than nine months before it is to exit the EU in March 2019.

Conservative lawmakers say May is probably safe from a leadership challenge, but the departures have undermined the prime minister’s own proclamation of cabinet unity.

“The market is worried that yesterday’s resignations could be a sign of major instability within the British government. However, we see little indication of that … sterling should correct its losses,” said Commerzbank FX analyst Esther Maria Reichelt.

Markets still expect the Bank of England to raise interest rates at its next policy meeting on Aug. 2, but analysts warn that any full-blown political crisis could dent those expectations.

The pound strengthened against the euro to 88.28 pence, having hit a four-month low of 89.025 pence per euro on Monday.

Elsewhere, currency markets were broadly risk-positive as investors appeared to shrug off concerns about the U.S.-China trade tensions.

The dollar’s index against a basket of six major currencies was up 0.3 percent at 94.374 after falling on Monday to 93.711, its lowest since mid-June.

That halted a rally by the euro, which fell 0.4 percent to $1.1706 and was heading for its biggest daily decline against the dollar in more than a week.

The yuan rose 0.3 percent in offshore markets to 6.6404 against the dollar, further away from the lows hit in June in its biggest ever monthly fall.

The yuan gained last week on the back of a stronger midpoint fixing and after data showed China’s foreign exchange reserves rising in June.

Turkey’s lira made up some of the Monday’s losses, trading 0.2 percent higher at $4.6890. The currency had gone as low as $4.7506 after President Tayyip Erdogan named his son-in-law as Treasury and Finance minister on Monday.

Editing by David Stamp and David Goodman

TOKYO/LONDON (Reuters) – Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months.

The disruptions add to supply worries around the world. Venezuela’s production has collapsed due to a lack of investment and Iranian exports have suffered due to U.S sanctions. OPEC has little capacity to fill the gap as demand for oil quickens.

Benchmark Brent oil futures LCOc1 rose by 96 cents, or 1.2 percent, to $79.03 per barrel by 1147 GMT. They earlier hit an intraday high of $79.29. Brent gained 1.2 percent on Monday.

U.S. light crude futures CLc1 were up 35 cents, or 0.5 percent, at $74.20.

Mounting supply concerns could push Brent above $85 per barrel, MUFG Bank said in a note.

“Renewed geopolitical supply-side disruptions stemming from Canada, Iran, Libya, Venezuela and the U.S. raise the likelihood of oil trade interruptions and with it upside risks to oil prices in the near term,” MUFG said.

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated oilfield.

That potentially adds to disruptions in other oil producers amid tensions in the Middle East.

Libya’s national oil production fell to 527,000 barrels per day (bpd) from a high of 1.28 million bpd in February following recent oil port closures, National Oil Corp said on Monday.

The United States says it wants to reduce oil exports from Iran, the world’s fifth-biggest producer, to zero by November, which would oblige other big producers to pump more.

Saudi Arabia, fellow members of the Organization of the Petroleum Exporting Countries and allies including Russia agreed last month to increase output to dampen price gains and offset global production losses.

The market has grown concerned that if Saudi Arabia offsets the losses from Iran, that will use up global spare capacity and leave markets more vulnerable to further or unexpected production declines.

“The bottom line becomes the available spare capacity within OPEC … and the markets have started to focus on that,” said Victor Shum, vice-president for energy at IHS markets in Singapore.

Money managers raised their bullish bets on U.S. crude in the week to July 3, the U.S. Commodity Futures Trading Commission said on Monday.

Reporting by Aaron Sheldrick in Tokyo and Dmitry Zhdannikov in London; Editing by Dale Hudson and Edmund Blair

STAY CONNECTED

WP Facebook Auto Publish Powered By : XYZScripts.com