Latest news with #Organization


Business Wire
11 hours ago
- Business
- Business Wire
KBRA Releases Research – Sound Check: Music ABS Performance
NEW YORK--(BUSINESS WIRE)--KBRA releases research on the performance of the music asset-backed securities (ABS) sector. The music royalties ABS sector has expanded meaningfully in recent years, supported by strong investor demand for uncorrelated cash flows and the growing institutionalization of music rights. Although performance in the asset class has remained largely stable, KBRA has observed variations across individual catalogs that make up the collateral, particularly as transactions have seasoned. Some transactions have benefited more from resilient streaming growth and industry tailwinds, while others have faced pressure from underperforming assets and delayed revenue realization. In this report, we share insights across KBRA's rated universe of transactions, including historical debt service coverage ratios and the key factors driving differences in catalog performance. KBRA has assigned 64 ratings on music royalty ABS across 15 issuers since 2020, totaling approximately $8 billion in issuance. Click here to view the report. Related Publications About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009684


Filipino Times
3 days ago
- Entertainment
- Filipino Times
Miss Grand International revokes crown from India's Rachel Gupta
The Miss Grand International (MGI) Organization has officially stripped Rachel Gupta of her title as Miss Grand International 2024. Gupta, who hails from India, was removed from her position after failing to fulfill her responsibilities as the reigning queen, the organization said in a statement. 'The Miss Grand International Organization hereby announces the termination of Miss Rachel Gupta's title as Miss Grand International 2024, effective immediately,' the official statement read. The organization also revealed that Gupta engaged in outside projects without seeking prior approval. 'This decision follows her failure to fulfill her assigned duties, engagement in external projects without prior approval from the organization, and her refusal to participate in the scheduled trip to Guatemala,' the MGI added. Because of these actions, Miss Grand International declared that Gupta is no longer authorized to use the 2024 title or wear the crown. She has been instructed to return the crown to the MGI Head Office within 30 days. Meanwhile, in a separate statement, Gupta said she decided to step down from her role after experiencing 'broken promises, mistreatment, and a toxic environment' in the months following her coronation. She stated that the decision was not made lightly, and that she plans to release a full video detailing the reasons behind her move. 'The truth will come out very soon,' she wrote in a caption on Instagram. View this post on Instagram A post shared by Rachel Gupta (@_rachelgupta)


GMA Network
3 days ago
- Entertainment
- GMA Network
Rachel Gupta resigns as Miss Grand International 2024
Miss Grand International 2024 Rachel Gupta is stepping down from her title. On Instagram Wednesday, Rachel said that being crowned was one of the most cherished dreams of her life and that she was filled with hope and pride to represent India. 'However, the months following my crowning have been marked by broken promises, mistreatment, and a toxic environment I can no longer endure in silence,' she said. Rachel said the choice to step down was not made lightly and promised to release a full video in the coming days detailing the events that led to her resignation. She ended her statement with a heartfelt appeal for support, saying, 'Your love means more than you know.' In the caption, she wrote, 'The truth will come out very soon.' Shortly after Rachel's announcement, the Miss Grand International (MGI) Organization released an official statement of their own, terminating the beauty queen's title. 'This decision follows her failure to fulfill her assigned duties, engagement in external projects without prior approval from the organization, and her refusal to participate in the scheduled trip to Guatemala,' MGI said. 'As a result, the organization has resolved to revoke her title with immediate effect. Miss Rachel Gupta is no longer authorized to use the title or wear the crown associated with Miss Grand International 2024.' MGI requested that the crown be returned to the head office within 30 days. Rachel won Miss Grand International 2024 in October last year. The Philippines' CJ Opiaza was named 1st runner-up, with Myanmar as 2nd runner-up, France, 3rd, and Brazil, 4th runner-up. — Carby Basina/LA, GMA Integrated News


Iraqi News
5 days ago
- Business
- Iraqi News
Prime Minister: National Food Security Strategy constitutes a reference for joint work with FAO
Baghdad-INA Prime Minister Mohammed Shia al-Sudani affirmed on Sunday that the National Food Security Strategy constitutes a reference for joint work with the Food and Agriculture Organization of the United Nations (FAO) to enhance local production, reduce imports, achieve self-sufficiency in wheat, and support farmers and agricultural workers. The Prime Minister's Media Office said in a statement received by the Iraqi News Agency (INA): that "Prime Minister Mohammed Shia al-Sudani received today, Sunday, the Director-General of the Food and Agriculture Organization of the United Nations (FAO), Qu Dongyu." According to the statement, the Prime Minister stressed "the importance of cooperation with the organization to implement the recommendations of the Baghdad Water Conferences to address climate change, which has affected the environment and caused water scarcity and the spread of desertification." He praised "the role of the Director-General and officials of the organization for their efforts in the projects implemented and sponsored by FAO in Iraq." Al-Sudani pointed out that "the National Food Security Strategy constitutes a reference for joint work with the Organization to enhance local production, reduce imports, achieve self-sufficiency in wheat, and support farmers and agriculturalists." The Prime Minister emphasized "the importance of the outcomes of the Carbon Economics Conference held in Baghdad and the memoranda of understanding signed by Iraq with international companies to develop the green economy." He noted "the need to implement the outcomes of the (36) FAO Regional Conference for the Near East, held in Baghdad in 2022, and adopt it in Ministerial Declaration of Baghdad to ensure the transition to modern technological systems, support small enterprises, empower youth, and enhance the role of women." For his part, Dongyu confirmed "continued coordination with Iraq and readiness to launch a project to enhance its ability to confront climate change, funded by several parties, including Iraq and the Organization, with a total budget approaching $40 million."


Business Wire
23-05-2025
- Business
- Business Wire
KBRA Releases 2025 Mortgage Policy Summit Recap
NEW YORK--(BUSINESS WIRE)--KBRA releases a recap of the 2025 Mortgage Policy Summit on May 20 at the National Press Club in Washington, D.C. The event was co-hosted by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR). The summit's theme was 'From Policy to Practice—The Evolution of Mortgage Oversight.' Panel discussions covered a range of topics, including regulatory developments, the rising cost of homeowners insurance, the use of technology in compliance and supervision, and other key issues. Keynote speakers included U.S. Congressman Mike Flood (R-NE) and Housing and Urban Development (HUD) Secretary Scott Turner. In this recap, we provide summaries of select panel discussions that provided insight into industrywide mortgage regulatory issues and challenges, several of which impact mortgage origination and servicing across the entire residential lending system. Click here to view the report. About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009602