Elizabeth Bwalya MwewatwitterA nurse’s shocking confession has revealed that she had swapped nearly 5,000 babies just for fun while working at University Teaching Hospital in Zambia.Elizabeth Bwalya Mwewa, a former nurse at the UTH, had this odious revelation that she had swapped over 5,000 babies between 1983 and 1995. She disclosed this as she is suffering from terminal cancer and doesn’t want to rot in hell in the afterlife. The news has created quite an uproar in social media after it went viral.”I have terminal cancer and I know I will be dying soon. I wish to confess my sins before God and before all the affected people especially those who were giving birth at UTH during my service. I have found God. I’m now born again. I have nothing to hide, in the 12 years I worked in the maternity ward at UTH, I swapped close to 5,000 babies,” Elizabeth said.Elizabeth added that if anyone’s born between 1983 and 1995, the chances are that their parents might not be their true biological parents as she had developed a habit of swapping babies just for fun.”So, take a good look at your siblings, if for example everyone is light and you are darkie… you are that child and I am really sorry for that”, she said.She further said that she has sinned against God and was the reason behind the divorce of many faithful couples after going for DNA tests. She said that she was being used by a demon for doing such heinous crime.”I have caused many mothers to breastfeed children who are not theirs biologically. I don’t want to go to Hell for that, I’m really sorry I have sinned a lot. Please forgive me,” she added.However, the initial investigation revealed that there is no midwife by her name under the General Nursing Council of Zambia and no nurse by that name had ever existed or worked at UTH.
India’s top three private sector banks are expected to report mixed results in the first quarter ended June 2016 on a year-on-year (YoY) basis. While HDFC Bank’s net profit is likely to have grown 20 percent, Axis Bank is estimated to have remained flat and ICICI Bank’s net profit is again expected to fall.Overall, the banking sector is expected to report better results in the first quarter (Q1FY2017) due to increased sale of non-core assets, lower cost of funds and bond gains, according to brokerage Motilal Oswal Securities Limited (MOSL).HDFC BankMumbai-based HDFC Bank is likely to see its net profit grow 20 percent YoY to Rs. 3,234 crore aided by better operating performance and asset quality. Its June 2015 net profit was Rs. 2,695 crore.”Strong operating performance (20%+ PPP growth) and healthy asset quality (GNPA to remain stable QoQ at 0.9%) would lead to 20%+ YoY earnings growth in 1QFY17,” said MOSL. The bank’s loan portfolio is likely to have grown 28 percent YoY on the back of an uptick in retail and corporate loans. Key estimates:Net profit: Rs. 3,234 crore (up 20.2 percent, YoY)Net interest income: Rs. 7,807 crore (up 22.2 percent, YoY)Net income: Rs. 10,629 croreGross NPA: 0.9 percent (1 percent in June 2015 quarter)Shares of HDFC Bank were trading at Rs. 1,199.50 apiece, up 0.10 percent at around 11 a.m. on the BSE on Tuesday.ICICI BankIndia’s largest-private sector lender is not expected to see its bad loan woes lessen in the June 2016 quarter, despite loans growing at around 13 percent, same as reported in the June 2015 quarter. Higher borrowing costs are expected to dent the bank’s net profit by 21.5 percent YoY to Rs. 2,336 crore, according to MOSL.”We expect moderate loan growth of 12-13% YoY (similar to the last quarter) to continue. Retail loan growth has picked up over the last two years and is expected to remain a key driver of loan growth…led by higher credit cost, we factor in a 22% YoY decline in earnings,” the brokerage said.Key estimates:Net profit: Rs. 2,336.9 crore (down 20.2 percent, YoY)Net interest income: Rs. 5,463 crore (up 6.8 percent, YoY)Net income: Rs. 8,635 croreGross NPA: 6.6 percent (3.6 percent in June 2015 quarter)The ICICI Bank stock was trading at Rs. 255.35, up 2.2 percent at around 11.17 a.m.Axis BankThe third-largest private sector lender by assets is likely to see net profit rise 0.8 percent YoY to Rs. 1,994 crore on the back of double-digit growth in loans and lower deposit costs.”We expect loan growth to be healthy at ~21% YoY. Deposit growth is likely to be lower at ~14% YoY â€“ AXSB is utilizing infra bonds and the refinancing window effectively…We expect slightly higher proportion of slippages in 1HFY17, leading to higher credit costs (150bp annualized v/s 74bp in 4QFY16),” MOSL said in its note.Key estimates:Net profit: Rs. 1,994 crore (up 0.8 percent, YoY)Net interest income: Rs. 4,591 crore (up 13.2 percent, YoY)Net income: Rs. 6,890 croreGross NPA: 6.6 percent (1.4 percent in June 2015 quarter)Axis Bank shares were trading at Rs. 552.70, up 1.53 percent, at around 11.55 a.m.Banking sector earnings trends for June 2016 quarter (according to MOSL):Earnings to come in better QoQ, as 2HFY16 earnings were marred by asset quality review (AQR)-related stress addition and provisioning.Non-core income and reduction in cost of funds likely to support earnings.NII to be flat QoQ and YoY for state-owned banks, but grow 17% YoY and 3% QoQ for private sector banks.The RBI’s tough stance on the cleanup of balance sheets by March 2017 would weigh on banks’ asset quality. However, following the RBI’s AQR and the cleanup exercise taken by banks, we expect stress to come down sharply QoQ.The moderate demand environment is likely to result in 10-11% YoY deposit/loan growth in 1QFY17. Saddled with NPAs, state-owned banks’ growth is likely to fall short of the industry average.Core revenue growth is likely to remain muted YoY, led by moderate balance sheet growth, declining margins YoY and moderate fee income growth. Non-core revenue and contained opex is likely to support core pre-provision operating profit (PPoP) growth.
Share Texas Gov. Greg Abbott has blocked funding for the first time over so-called “sanctuary cities” after Austin’s sheriff stopped complying with all federal immigration detainers.An Abbott spokesman said Wednesday that $1.5 million in previously approved criminal justice grants will no longer go to Travis county.The move follows Sheriff Sally Hernandez announcing after President Trump’s inauguration that she would stop honoring all immigration holds in her jails.That blocked funding is only a fraction of Hernandez’s budget but funds programs such as crime victim services and drug treatment courts.Abbott has asked the Texas legislature to prioritize a “sanctuary city” law between now and June.He wants the power to remove locally elected officials and block a wider array of funds.