Latest news with #Cuda
Yahoo
23-05-2025
- Politics
- Yahoo
Council meeting about Cleveland Heights mayor turns contentious, ends abruptly
[Editor's note: This report contains language that may be considered offensive. Discretion is advised.] CLEVELAND HEIGHTS, Ohio (WJW) – A special city council meeting called Friday by council President Tony Cuda was to discuss allegations against Mayor Kahlil Seren. As FOX 8 News previously reported, protesters attended the council meeting Monday night to call for Seren to resign after it became public that a complaint was filed with the Ohio Civil Rights Commission regarding the mayor's wife Natalie McDaniel. Billy Joel cancels entire tour after diagnosis with rare brain disorder The complaint alleges McDaniel sent text messages with antisemitic speech targeting city employees and residents who are Jewish. Seren addressed the accusations in a 15-minute video posted to Facebook days later. He claimed that the allegations are false. Cleveland Heights City Council members said in Friday's meeting that Seren took too long to address the city, wasn't around city hall during the week, and had not responded to text messages asking if he was OK. Cuda asked Assistant Law Director Chris Heltzel what kind of role the council would have if the mayor were unavailable or inaccessible. Heltzel explained that there is an article in the city code that states the council president would be acting mayor if the mayor was not accessible, but made it clear that it's incredibly complicated to determine the definition of the mayor not being available and how a transfer of power would work. Heltzel also noted a certain provision in the law carried over from when Cleveland Heights had a city manger rather than a mayor. Heltzel later explained that council can approve a resolution calling for Seren's resignation, but does not have the legal power to force his resignation. Not long after that, Seren asked for time to speak in the meeting. He referred to the meeting as 'an exercise in elector politics,' which he called disappointing, but not surprising. Seren then explained why he didn't respond to Cuda's text message asking if he's OK. Then, he used offensive language toward the council. 'I just want to say this council by no means is my overseer, and I am not your Negro,' Seren said. Not long after, an exchange between Seren and Councilman Craig Cobb escalated and Cuda called to adjourn the meeting before reaching all of the items on the agenda. At that moment, residents with signs calling for Seren's resignation began addressing the mayor to his face. Guardians pitcher Ben Lively out the rest of the season, needs surgery Seren eventually stopped to speak to reporters. He didn't take any questions, but he called out the council by listing things they haven't accomplished and said they need to work on things that will help Cleveland Heights residents. 'There are substantive things that we should be looking at to improve the day-to-day experience of people in Cleveland heights,' Seren said. 'Now, that's the work that we're always doing, despite the slings and arrows here that I've been faced down with for the last 10 years of service to this city. I'm going to keep doing that work because I care about this city.' Seren indicated he won't be going anywhere during the remaining seven months of his term as mayor, despite calls for his resignation. Cleveland Heights resident James Bates, who was one of the residents shouting at Seren to resign, told FOX 8 News that the mayor isn't being upfront with the allegations and it would be better for the city if he moved on. 'He knows in his heart of hearts; he knows that he needs to resign, and the fact that he doesn't should tell you everything you need to know about Kahlil Seren. He is not a faithful person. He needs to go. Let me say that unequivocally: Khalil Seren, you need to go,' Bates said. Council members Anthony Mattox Jr. and Jim Posch did not attend the meeting. Council Vice President Davida Russell listened in via Zoom. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Irish Times
25-04-2025
- Business
- Irish Times
Credit union lending up 12%, buoyed by mortgages and easing restrictions
Gross lending across Irish credit unions jumped 12 per cent to €7.1 billion, helped by mortgages, according to the Central Bank, as the sector continues to benefit from easing regulatory and legislative restrictions. The latest annual report from the regulator on the financial conditions of credit unions shows the sector had €32.90 out on loan for every €100 of assets at the end of last September. While it remains well short of the 50 per cent loan-to-assets ratio that is seen as optimal for the sector, it marked an improvement from 30.6 per cent in 2023 and 27 per cent two years earlier. Personal loans continue to make up the majority of credit union loans, totalling €6.13 billion, or 86.8 per cent of total loans outstanding, according to the report. READ MORE At the same time, credit unions have continued to diversify their loan portfolios, in particular increasing their house lending. House loans accounted for 10 per cent of loans outstanding as of September, with a total value of €733 million. 'The latest Financial Conditions report confirms what many in the sector already know, that credit unions continue to strengthen their financial position and play an increasingly important role in the Irish financial landscape,' said Helen Carbery, chief executive of the Credit Union Development Association (Cuda). 'We particularly welcome the increase in house lending, which rose 47 per cent year-on-year, underlining the growing role credit unions are playing in the Irish home loan market.' The increase in lending has occurred against the backdrop of regulatory and legislative tweaks in the past four years, aimed at improving the viability of the credit union sector. The Central Bank eased previously highly restrictive limits on long-term lending in 2020. Laws introduced in 2023 allow credit unions to refer members to peers for services for the first time. They also enable them to club together to provide loans. And they introduced the concept of a corporate credit union – a credit union for credit unions – to support collaboration and pool certain resources. In December, the Central Bank proposed giving the credit union movement additional lending flexibility, which, it estimates, would treble the sector's capacity for mortgage and business lending to €8.6 billion. It would allow credit unions, regardless of size, to lend up to the equivalent of 30 per cent of their total assets by way of home mortgages. It proposes that business lending can equate to as much as 10 per cent of a credit union's assets. Robert Troy, Minister of State at the Department of Finance, told an Irish League of Credit Unions (ILCU) conference on Friday that he met deputy governor of the Central Bank this week to discuss the proposed changes, which are expected to take effect later this year. 'The proposed targeted changes to the lending regulations will result in significant overall capacity for house and business lending. This is welcome news for the credit unions as I know many of you are keen to lend more to members,' he said. Ongoing consolidation across the movement has resulted in the number of credit unions in the State falling to 183 last September from 192 a year earlier and 428 at the end of 2006.
Yahoo
22-04-2025
- Automotive
- Yahoo
One-of-One 1971 Plymouth 'Cuda 440-6 Set for Auction at Worldwide Auctioneers
Read the full story on Modern Car Collector A one-of-a-kind 1971 Plymouth 'Cuda 440-6, widely considered one of the rarest and most sought-after American muscle cars, will hit the auction block as part of Worldwide Auctioneers' upcoming sale. With its matching-numbers drivetrain and a unique combination of factory options and colors, this 'Cuda stands out even among Mopar royalty. Bearing VIN BS23V1B297396, this factory EV2 Tor-Red over white interior 'Cuda is documented as the only example built in this configuration—complete with the formidable 440-cubic-inch Six-Pack V8 and a four-speed manual transmission. Fewer than 240 'Cuda hardtops received the 440-6 engine for 1971, and only 50 were paired with the four-speed, making this example one of the most elite survivors. The vehicle was sold new in Virginia and ordered with a performance-first mindset. Key options include the A33 Track Pak, 3.54 Sure-Grip rear axle, N85 tachometer, A62 Rallye instrument cluster, woodgrain console, dual exhaust tips, and an AM Music Master radio. While the optional N96 Shaker Hood was added later during a professional restoration, the car maintains its original drivetrain and rare factory V6X black stripe package—1 of just 7 so equipped. Noted Mopar authorities Galen Govier, Nick Larsson ('Mr. Mopar'), and Dave Wise have each validated the authenticity of this 'Cuda through their respective reports, including a comprehensive March 2025 Elite Validation from Wise that confirms its numbers-matching status and rare factory specifications. With just 16 Tor-Red 440-6 cars built for 1971 and this one holding one-of-one status in its configuration, the offering represents a blue-chip opportunity for collectors. It joins a curated list of high-end consignments expected to command strong interest from bidders around the globe. This vehicle is selling at Worldwide Auctioneers Enthusiast Auction on April 25th-26th in Auburn, Indiana. Over 250 classic and collector cars will be offered with 150 being offered at NO RESERVE. ModenCarCollector readers get free admission and Bidder Registration when you use promo code "Yahoo" at checkout. Follow us on Facebook and Twitter
Yahoo
22-04-2025
- Automotive
- Yahoo
One-of-One 1971 Plymouth 'Cuda 440-6 Set for Auction at Worldwide Auctioneers
Read the full story on Modern Car Collector A one-of-a-kind 1971 Plymouth 'Cuda 440-6, widely considered one of the rarest and most sought-after American muscle cars, will hit the auction block as part of Worldwide Auctioneers' upcoming sale. With its matching-numbers drivetrain and a unique combination of factory options and colors, this 'Cuda stands out even among Mopar royalty. Bearing VIN BS23V1B297396, this factory EV2 Tor-Red over white interior 'Cuda is documented as the only example built in this configuration—complete with the formidable 440-cubic-inch Six-Pack V8 and a four-speed manual transmission. Fewer than 240 'Cuda hardtops received the 440-6 engine for 1971, and only 50 were paired with the four-speed, making this example one of the most elite survivors. The vehicle was sold new in Virginia and ordered with a performance-first mindset. Key options include the A33 Track Pak, 3.54 Sure-Grip rear axle, N85 tachometer, A62 Rallye instrument cluster, woodgrain console, dual exhaust tips, and an AM Music Master radio. While the optional N96 Shaker Hood was added later during a professional restoration, the car maintains its original drivetrain and rare factory V6X black stripe package—1 of just 7 so equipped. Noted Mopar authorities Galen Govier, Nick Larsson ('Mr. Mopar'), and Dave Wise have each validated the authenticity of this 'Cuda through their respective reports, including a comprehensive March 2025 Elite Validation from Wise that confirms its numbers-matching status and rare factory specifications. With just 16 Tor-Red 440-6 cars built for 1971 and this one holding one-of-one status in its configuration, the offering represents a blue-chip opportunity for collectors. It joins a curated list of high-end consignments expected to command strong interest from bidders around the globe. This vehicle is selling at Worldwide Auctioneers Enthusiast Auction on April 25th-26th in Auburn, Indiana. Over 250 classic and collector cars will be offered with 150 being offered at NO RESERVE. ModenCarCollector readers get free admission and Bidder Registration when you use promo code "Yahoo" at checkout. Follow us on Facebook and Twitter
Yahoo
25-03-2025
- Automotive
- Yahoo
10 Facts About the Legendary Plymouth ‘Cuda
Read the full story on Modern Car Collector The Plymouth 'Cuda is one of the most revered American muscle cars of all time, known for its aggressive looks, monstrous power, and track-ready performance. While it shares roots with the Barracuda, the 'Cuda is its own beast. Here are 10 facts you might not know about this Mopar legend. 1. Not Just a Barracuda Many assume "'Cuda" is just shorthand for Barracuda, but it's actually a distinct high-performance model introduced in 1969, featuring more aggressive styling and bigger engines. 2. Decoding the VIN Want to verify an authentic 'Cuda? Check the Vehicle Identification Number (VIN)—Barracudas start with "BH", while true 'Cuda models use "BS", with the "S" standing for "Special." 3. Multi-Million Dollar Muscle The most expensive Plymouth 'Cuda ever sold was a 1971 convertible, one of only two with a four-speed transmission. It fetched a staggering $3.5 million at Mecum Auctions in 2014. 4. Kevin Hart's 'Cuda Connection Comedian Kevin Hart owned a custom-built 1970 'Cuda named 'Menace,' which suffered a devastating crash in 2019. Built by SpeedKore Performance, the car was known for its carbon-fiber body and modern upgrades. 5. The 'Hemicuda' Badge Stands Out Unlike other Mopars that displayed engine size on the hood, the 426 HEMI 'Cuda simply wore a lowercase 'hemicuda' badge, making it one of the most understated muscle cars of its time. 6. Mopar's High-Impact Colors Plymouth offered 25 colors for the 1970 'Cuda, including five "High-Impact" options: Tor-Red, Lemon Twist, Vitamin C, Lime Light, and In Violet Metallic. These bright hues defined the golden era of muscle cars. 7. A B-Body at Heart Although the 'Cuda was built on Chrysler's E-body platform, it borrowed the B-body front subframe to fit larger engines, like the 426 HEMI and 440 Six-Pack. This made it powerful but also nose-heavy. 8. The 'Strobe Stripe' Mystery The 1970 AAR 'Cuda featured a distinctive broken-line stripe on both sides. While many recognize the design, few know its official name—the "strobe stripe." 9. Fake Fender Vents? The 1971 'Cuda featured dramatic fender gills, a unique styling element. However, they were non-functional, making it the only model year to have purely decorative vents. 10. The Hidden Reason for the Rear Antenna The AAR 'Cuda had a fiberglass hood, which caused radio interference. To solve this, engineers relocated the antenna to the rear, making it one of the few muscle cars with this feature. With its raw power, bold styling, and deep Mopar history, the Plymouth 'Cuda remains an undisputed icon of American muscle car culture. Whether you're a longtime enthusiast or new to the 'Cuda legacy, these unique details make the car even more legendary. Follow us on Facebook and Twitter
