Postal banking could be a disaster

first_imgby: Charles LaneWith President Barack Obama’s strong support, the Consumer Financial Protection Bureau has launched a regulatory crackdown on payday lending, the short-term, high-cost loans that lower-income people use to cope with cash crunches — at the risk, critics say, of trapping themselves in a cycle of unpayable debt.The question is, what’s the practical alternative? Payday lending is a $50 billion per year business because there’s a demand for it. People who can’t get quick cash from a storefront operator might turn to loan sharks, and nobody wants that.To many progressives, including the bane of payday lenders, Sen. Elizabeth Warren, D-Mass., at least part of the solution is to turn the U.S. Postal Service into a financial institution, with the authority to provide small-dollar loans at reasonable rates — as well as an array of other services, including savings accounts. continue reading » 24SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

European authorities allow leeway on new derivatives rules

first_img*The European Insurance and Occupational Pensions Authority (EIOPA), European Securities and Markets Authority (ESMA), and European Banking Authority (EBA) “This approach does not entail a general forbearance,” they said.To meet the new rules pension funds and other institutions have to update legal documentation such as credit support annexes (CSAs), contracts covering derivatives arrangements between counterparties. There are thousands of such documents in existence covering derivatives trades in funds and liability-driven investment strategies.PensionsEurope welcomed the announcement by the ESAs, saying that getting the documentation in place by the March deadline was “a significant challenge” and that pension funds and their service providers in many countries were struggling to do so.Úrsula Bordas, policy advisor at the trade association, said: “A strict interpretation of the compliance rule would mean that many pension funds would have a limited access to liquidity as they would have a limited number of banks with whom to trade and this could significantly impact their ability to hedge risks.”PensionsEurope “hopes national authorities will further explain their approach to compliance for the next months to pension funds and their service providers”, she added.A head of clearing at a European bank told IPE that, if a pension fund or any other financial institution was not able to get new CSAs in place in time, “it looks as though [it] will be left up to individual counterparties to decide if they want to cease trading, and how forgiving their supervisor will be if they don’t”.The picture was mixed as to how supervisors would proceed, and some sort of materiality would be considered, the banker added.The ESAs said national regulators should “take into account the size of the exposure to the counterparty plus its default risk” when making enforcement decisions. The UK regulator set out its approach to enforcement, or “supervision of firms’ progress”, in a statement yesterday.The banker cited an expectation that, at best, 50% of agreements will be re-negotiated and in place by the March deadline, leaving “a significant gap still to be re-negotiated”.The ESAs did not hide their displeasure at having to make yesterday’s announcement, noting that “[t]he timeline for implementation has been known in EU since 2015, and it is unfortunate that the financial industry has not managed to prepare for the implementation”.“Furthermore, a delay of 9 months was already granted by BSBC-IOSCO in 2015 on the basis of similar arguments from the industry,” they added. “That delay was agreed with the clear expectation that the financial industry would be ready to prepare the implementation within two years.”The ESAs’ announcement comes after the US derivatives regulator earlier this month issued a “no action” letter, providing a grace period on the collateral rule. In their statement, the ESAs noted that they have no mandate to disapply directly applicable EU law.US regulators and IOSCO, the international umbrella organisation for securities regulators, also made announcements yesterday acknowledging that industry may not be able to complete the necessary documentation to be able to fully comply with the variation margin requirements by the scheduled deadline of 1 March. Both agreed that there should be some leeway.Pension funds recently obtained an extension of their exemption from a requirement to centrally clear OTC derivatives, with this now lasting until August 2018.  Pension funds and other financial institutions look set for potential reprieve from strict enforcement of new derivatives rules following an announcement by the European Supervisory Authorities (ESAs) yesterday.The statement concerns a 1 March deadline for rules requiring variation margin to be posted as collateral to cover counterparty risk in non-cleared, over-the-counter (OTC) derivatives.In a joint statement, the ESAs* said they “have been made aware of operational challenges” in meeting the deadline. Although they did not explicitly refer to small pension funds, they noted that smaller counterparties in particular were having difficulties.They effectively granted national regulators discretion not to strictly enforce compliance with the new rules, saying that they can assess “the degree of compliance and progress” on a case-by-case basis.last_img read more

Clingan ready for N.Ireland return

first_img Clingan left Coventry, where he was club captain, at the end of last season, and found himself without work after rejecting interest from a handful of suitors. A brief spell at Doncaster did not work out, but he signed for Kilmarnock in January and, after being watched three times by national boss Michael O’Neill, is back in contention for Tuesday’s World Cup qualifier against Israel. Reflecting on his stop-start season, he said: “I’ve been back in Belfast for most of the time. I didn’t want to be in England doing nothing so I spent time staying in Mum’s house and doing my own personal training. I was training in Falls Park, just on the doorstep and running round it every day.” Northern Ireland midfielder Sammy Clingan was sleeping in his mother’s spare room and training in a local park a couple of months ago but now he is back at the heart of his side’s World Cup qualifying campaign. Press Associationcenter_img It was something of a comedown for the 29-year-old, who skippered Northern Ireland for the first time against a star-studded Holland side last summer. He added: “It was a bit crazy but that’s football these days and there are footballers who are out of contract. I did turn offers down from clubs and I probably should have signed those deals but I am just pleased (Kilmarnock boss) Kenny Shiels has given me the chance. “He phoned me when I was back in Belfast, I was at the driving range and got a call from someone I didn’t know. I went over and then the club was sold to me.” Clingan and the rest of the Northern Ireland contingent have endured a frustrating week so far, with the first match of their scheduled double header, against Russia, twice called off due to snow. Israel, meanwhile, played out a dramatic 3-3 draw with Portugal and Clingan hopes his side’s lack of activity could have a silver lining. “You know how it is when you are stuck in a hotel for so long, but it could work to our benefit,” he said. “Israel have played Portugal but we are fresh and that’s really helped. Hopefully we can build on that with three points tomorrow.” O’Neill on Sunday lost versatile Rangers player Andy Little to a knee injury and added Hull midfielder Corry Evans to the group. He will now compete with Clingan and Alex Bruce for the holding role, made available due to Chris Baird’s suspension. last_img read more

Oceanport Parents Organize Against Opioids

first_imgBy Jenna O’Donnell |OCEANPORT – A growing effort to combat opioid addiction in the local community began when the epidemic hit close to home.Betsy Schuff, one of the Oceanport moms who founded the Drug Education Initiative (DEI) action committee, recalled the shock of losing a dear friend’s son to a drug overdose three years ago.“I knew there was an epidemic,” Schuff said. “But I never really believed that it was right here in our town or that it could happen to someone I loved. I soon learned that other parents were much like me and didn’t understand how severe the issue really is and how present it is in our community.”Schuff and other like-minded parents, hoping to bring more education and awareness to the community and to their schools, created DEI and, on Aug. 10, hosted their first forum to discuss the opioid epidemic and learn how addiction can take hold. Representatives from Monmouth Medical Center and the Tigger House Foundation, a local nonprofit dedicated to reducing death from heroin and opiate addiction, attended the event to share stories, statistics and tips for the community.Christian Peter, a board member at the Tigger House Foundation and an NFL veteran of the New York Giants, Indianapolis Colts and Chicago Bears, described his own battle with drug and alcohol addiction, his road to recovery, and his efforts to help others follow a similar path through his work with Tigger House.“What we do is very simple,” Peter said. “We help kids – and people – who are struggling with addiction.”That addiction can start right at home with a bottle of leftover Vicodin or Percocet in the parent’s medicine cabinet, said Victor Almeida, D.O., chairman of Emergency Medicine at Monmouth Medical Center. Once the prescription bottles run out, he noted, kids might look to get cheaper drugs – like heroin – on the streets.“If you are opiate naïve, in a period of a few days you can become addicted,” Almeida said, noting that the potency of local heroin makes it especially dangerous. “The heroin that we have in New Jersey is some of the purest in the world.”A partnership between Monmouth Medical Center and Tigger House seeks to treat patients with addiction problems in the emergency room and move them into recovery programs with recovery specialists who have experienced addiction for themselves and are able to “walk the walk” and better relate to the struggle of addiction.“It helps if you can say ‘I know where you are. I’ve been there, too,’” Peter said.Eric Carney (left), COO of Monmouth Medical Center; Victor Almeida, D.O., chairman of emer- gency medicine at Monmouth Medical Center; Janet W. Tucci, mayor of West Long Branch; Serena DiMaso, Monmouth County Freeholder; and Christian Peter, board member of The Tigger House Foundation attended the Drug Education Initiative forum in Oceanport, which focused on opioid addiction and abuse.As drug and opioid-related deaths continue to rise across the country, in New Jersey, and in Monmouth County, parents were urged to talk frankly to their kids about drug addiction and take notice of any sudden changes in their social circles, sleep, grades or cleanliness.“This disease does not discriminate,” Peter said. “It’s out there in our communities affecting our children and we’ve got to do something about it.”This article was first published in the Aug. 17-24, 2017 print edition of The Two River Times.last_img read more

Trap weekend? Leafs drop pair in overtime

first_imgIn both games Nelson’s previous rock-solid defence surrendered a lead.Saturday, two goals in a span of three minutes early in the third period — Sean Collins on a power play and Adam Shaner — erased a 3-1 deficit for Spokane, forcing overtime.Nelson had built a 3-1 lead after 40 minutes as Linden Horswill, with a pair, and Travis Wellman scored.Hayden Boring had given Spokane a brief 1-0 lead in the first before Horswill tied the game 31 seconds later.Nelson out shot the Braves 38-32 as Leaf goalie Brad Rebagliati suffered his first loss of the season since coming to the Heritage City franchise from Alberni Valley Bulldogs of the BCHL.Friday, Nelson and Princeton played a seasaw affair with each team holding leads a different times of the game.However, once again it was the Leafs not being able to play with the lead as, holding a 5-4 advantage and on the power play, Nelson goalie Tyler Moffat served up a gift Destin Robinson of the Posse kindly desposited in the home net for the game-tying marker.Suidy then quickly ended the contest with his seeing-eye shot past Moffat 43 seconds into the extra period.The Leafs have little time to rest their wounded ego as the Green and White travel to Creston for a Sunday afternoon tilt against the Eddie Mountain leading Thunder Cats.LEAF NOTES: Nelson Minor Hockey grad Linden Horswill is doing his best to erase the memory of Jamie Vlanich leaving the Leafs for Langley of the BCHL as the new-first-line center has eight points — including five in the two weekend losses — in four games. . . . Leaf winger Travis Wellman continues to burn up the league, finishing the two home game with six points, including his league-leading 28 goals. . . . Nelson added 18-year-old Nick Landry from the Kamloops Storm to the lineup for the weekend. Landry, 6’2″ 220 pound winger was released by the Storm after playing 11 games. . . . Nelson called up Austin Tambellini and Trevor Van Steinburg from the Kootenay Ice of the BC Major Midget Hockey League for Friday’s game. Can you spell “Trap Weekend”?I knew you could.The Nelson Leafs saw it coming, talked about it in practice during meeting day earlier int the week but could do nothing about it as two lower seeded teams in the Kootenay International Junior Hockey League stole a pair of overtime wins over the top team in the entire league.Kyle Davis scored with 24 seconds remaining in the second overtime period to power the Spokane Braves to a 4-3 victory over the Leafs Saturday at the NDCC Arena.Friday, a picture-perfect shot to the top corner of the net by Princeton Posse forward Devan Suidy shocked the Leafs 6-5.Despite the two losses, Nelson has yet to lose in regulation time this season.last_img read more

NRL Touch Premiership Team Announcement

first_imgDave MaherPaije Hockings Matthew SinclairPhoebe Steele Liam BauerGrace Griffin Ferghus KernahanKate Ryan Joel WilloughbyMick Moussa Mitch WiltonLauren Thorne Justin OttoCatherine Sargent Cody GreenMelia Larkin Jack HughesKelly Kennedy Cooper MarshallEmma Paki Hayden MoffatPaige Parker Tim BaartzBella Bauer Zach BouzounisStephanie Kelly Men’sWomen’s Jesse ParkerSamantha Rodgers David SenKim Sue See Carlos SavageVictoria Pone Nicholas GoodPaige Markey Ifor JonesCharlotte Davis Georgie PalauSarah Peattie Jayden BenbowJaya Acutt Kristian CongooNatasha Adams Peter NormanAsh Kearney Sam CarmodyEmily Hennessey Ciaran TonerElesha Te Paa Shaun FrancisSophie Duff Lachlan HochMeckensie Hudson Connor HarveyHayley Maddick Jake GrechPatricia Michaelopoulos John KennedyPihuka Duff Mita GrahamSavarna Asafo-Tavita Daniel LangbridgeRachel Jeffs Alex LangbridgeAmelia Hughes CoachCoach Awa MorrisJessica Mahar Mark BolandBarry Gibson Jordan HillEmily Reid Maurice KennedyShellie Davis Pokaiaua KurukaangaNicole Drummond Jordan HoroBrittney Clifford Terry DeeganSophie Broadhead Wayne UnuwaiEmily Ward Michael LawMikayla Newman Simon LangHannah Dyball Tiaan McIntyreJaymie Kolose Mitch de RossiMia Johnstone Lachlan PierceRylie Seamark Jakob HallSammy-Jo Curtis Jayden LoveLucia Fildes Tjadyn AshbyToni Breeze James ShuteBethany Webb Scott BuckleyLogan Flanagan Damon MooreChloe Sawtell CoachCoach Brayden HegartyRebecca Goulding Rob McCarthyClare Vanzino Daniel StoneCourtney Young Men’sWomen’s CoachCoach Jack EdwardsMadi Crowe Steve RobertsLaura Waldie Lincoln LittleTaryn Love Rahul DasLeana Fox Jimmy de VeerTaylah Connell James CourtneySammy Hopkin Josh MoffittLaura Peattie Dave NolanMick Lovett Jordan WattsToni Wells Men’sWomen’s Men’sWomen’s Bailey HaywardElin Mortimer CoachCoach Dave ZanetteMel Wilks Shaquille StoneDayna Turnbull Flynn Angles-CorkeRebecca Beath Men’sWomen’s Jake NotleyTahlia Rolph CoachCoach Brad RussellGeorgina Rackemann Bart HillSian Filipo Tristan WaggMarikki Watego Jason BoydLeasha Thouard Jared TownsonSharni Vilila Phil GyemoreCraig Morrow Mitch WickhamShannon Rose Kyle JermynDanielle Davis Jaymon BobKasey Dragisic Chris BarakatElizabeth Brooks Jack WeatherillElise Wilson Benjamin MoylanAndrea Roditis Jackson MillsZara Nicholas Men’sWomen’s Luke MansourStephanie Maiolo Tyla LoveNicole Saldern Matt TopeAmy Regal Edward BurrellTyla Gambell Justin CostelloKirstie Jenkins CoachCoach James SharpRachel Walsh Connah PamatatauKayla Mi Mi Jesse CurtisTarryn Aiken Dean SpringfieldJessica McCall Luke TonegatoJessica Potts Dylan HennesseyBrit Donovan James BlackwoodHaley Crawford Robert NakhlaIsabella Slattery Tommy QuinlivanKaitlin Shave Tony TradPaul Sfeir Malcolm KennyAbby King Adam PrydeRebecca Mi Mi Josh RozairoClaire Tandek Sean HooperKatee Maller Adam RussellKatherine Stevens Danyon Morgan-PuterangiHayley Lee Jason KazziAbbey Papenhuyzen Men’sWomen’s Michael SinghChloe Watt Harrison GriffinJenaya Paul CoachCoach Tim GlazebrookLeah Percy Drumayne Dayberg-MuirTiarni Boyce Chris LothRenee Murphy Jacob MarrinanJessica Shanahan Scott BundyAngel Barber Madalitso MasacheAshleigh Quinlan Here are the 2019 NRL Touch Premiership teams!Get behind them by getting to a stadium near you from Saturday 6th April or tune into games on Kayo – enjoy a 14-day free trial by using this link: bit.ly/kayonrltp Jake FitzpatrickAmy Dufour Stuart BriertyMeg Muir Maurice StoneCodie Taute Men’sWomen’s Justin CridlandKirralee Costello Corey RussellMarama Thomas Sean LawPrincess Elliot Dylan ThompsonRhiannon Podmore Marley SimbolonBillie Taylor Caidyn WynyardAaliyah Paki Mase ParsonsAriia Tainui-McIntyre Ashton RobinsonIsla Norman-Bell Michael CavanaghTay-a Antonievic Cormac HochGeorgia Harris Reihana Soutar-FinchMeg Sycamore Jordan Marshall-KingFaith Nathan CoachCoach Kurt DonoghoeSophie Crouch Daniel BartonTayla Cliffordlast_img read more

a month agoBorussia Dortmund winger Sergio Gomez defends Barcelona attacker Dembele

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Borussia Dortmund winger Sergio Gomez defends Barcelona attacker Dembeleby Carlos Volcanoa month agoSend to a friendShare the loveBorussia Dortmund winger Sergio Gomez insists Ousmane Dembele can be a success at Barcelona.Dembele will face his old club in the Champions League tonight.Gomez, formerly of Barca, was asked about Dembele’s problems at the Nou Camp.He told Sport: “Dembélé is a player who has given a lot to Borussia. With (Thomas) Tuchel, he learned a lot. And thanks to that, he is now in Barça. “Why does it not work in Barça? These are different championships. I do not know what problem Dembélé has. But he is a very good player, young and I am sure that in the years to come, he will be one of the greatest.” last_img read more

AircelMaxis Court adjourns case against PC son sine die

first_imgNew Delhi: A Delhi court Friday adjourned sine die the Aircel-Maxis case, involving former finance minister P Chidambaram and his son Karti, noting that the CBI and the ED were seeking “adjournment after adjournment”.Special Judge O P Saini adjourned the matter without giving any date for further hearing, saying it would save the time of the court as well as the probe agencies. The court granted liberty to the probe agencies to approach the court and get the case revived as and when they complete the investigation. Also Read – Uddhav bats for ‘Sena CM’The court on Thursday granted anticipatory bail to the Chidambarams in the corruption case filed by the CBI as well as in the money laundering matter lodged by the Enforcement Directorate (ED) in relation to the Aircel-Maxis deal. The matter was listed for arguments on the cognisance of charge sheet in the case. However, Solicitor General Tushar Mehta and senior advocate Sonia Mathur, appearing for the CBI and the ED respectively, sought deferment of the proceedings till the time investigating agencies gather further material. Also Read – Farooq demands unconditional release of all detainees in J&KThe agencies also told the court that Letters Rogatory (LRs) have been sent to different countries and response to them is still awaited. “Since further investigation is pending since long and the prosecution has been seeking adjournment after adjournment, it would be in the interest of justice, if the instant cases are adjourned sine die, with liberty to the prosecution to get it revived as soon as they are able to complete the investigation on collection of further evidence and/or receipt of response to LRs,” the court said in its order. “Adjourning the matter sine die would save the time of the court and that of the prosecutors and investigators… Applications stands disposed of. Files be consigned to Record Room sine die,” the court said. The agencies requested the court to adjourn the matter for six weeks. They were also represented by Special Public Prosecutors Nitesh Rana and NK Matta and advocate Noor Rampal.last_img read more

How to avoid the wrong kind of shady when it comes to

first_imgAs excitement on social media about the Aug. 21 solar eclipse heats up, experts are urging people to take good care of their eyes when they enjoy the spectacle in Canadian skies.Ralph Chou, a University of Waterloo optometry professor and president of the Toronto Centre of the Royal Astronomical Society of Canada, says that staring at the sun for more than a few seconds will cause harm. He says the eye feels no pain so it will be too late to look away from potential retina-burning solar rays before a person notices they’ve done potentially-permanent damage.“The problem with the back of the eye is that there’s no pain sensors, so all this damage can occur without you even knowing about it until it’s far too late … the next morning they wake up and the photo receptors at the very centre of their vision are damaged and they suddenly realize they can’t see their faces in the bathroom mirror,” he said. The person will have to wait an anxious three months to know whether the damage is permanent, Chou said.Regular sunglasses just won’t cut it during the direct viewing for an eclipse because they allow in thousands of times more sunlight than is safe to reach your eyes. NASA says special solar eclipse glasses should be marked with the “ISO 12312-2” international safety standard on the label. Make sure there are no scratches on the lenses.These glasses cost only a few dollars but are becoming hard to find as we inch closer to eclipse date.This week, Amazon pulled potentially shady glasses from its site and issued refunds to customers who had already purchased them. In an email to buyers, the company said it could not get confirmation from the supplier that the glasses came from a recommended manufacturer.“We recommend that you DO NOT use this product to view the sun or the eclipse,” the email said.The American Astronomical Society has a list of reputable sellers of solar eclipse glasses on its website. The Royal Astronomical Society of Canada, some universities and science centres will be distributing free eclipse glasses at viewing parties across Canada. Science museums and stores that sell telescopes may also have stock left.With ads for eclipse glasses for sale on Kijiji and social media it can be hard for armchair astronomers to track down where they were made and whether they meet the standards recommended by NASA.The Canadian Press asked the University of Toronto to test two pairs of eclipse glasses using an ellipsometer. The machine sends a wave of UV and visible light though the glasses’ lens and uses a sensor to measure how much of the light makes it through.The first pair, bought at one of the stores on the American Astronomical Society list, blocked out more than 99.9 per cent of UV and visible light. The pair was labelled as conforming to the ISO 12312-2 standards for direct observation of the sun.The second pair, purchased online did not have the ISO mark and did not perform as well. It let through more than 0.1 per cent of visible and UV light.The ISO standard allows a maximum of 0.0032 per cent of light to be allowed to pass though. The equipment used could not give a sensitive enough reading to verify if the glasses conformed to the standard.In both cases, the machine was not able to determine if the glasses met the ISO 12312-2 standard. Both pairs did let through less than one one-thousandth of the light that you’d see with the naked eye.“Results show us that the two sets of glasses are most likely safe for observing the sun,” said Herman Wong, a University of Toronto engineering and photonics PhD student who tested the glasses. He said the machine found that there was almost zero transmission of light that passed through the lenses, but added that there’s really no way to know if they meet NASA recommendations, especially if they are not labelled.“They are not standardized by any means so use at your own risk,” he said.Chou, who has travelled as far as Africa and Asia to view more than 25 eclipses in person, says you shouldn’t let fear deter you from enjoying the event as long as you take precautions. He said he gets an emotional rush when seeing the sun’s corona, which appears differently every time.“There are some times when you get sort of a uniform halo around the sun. There are other times when you get these spectacular elongated streamers of corona shimmering in the sky around the sun,” he said.“This is sort of the giant astronomical clock at work and it’s just the way the universe ticks, or at least the solar system ticks as you see the movement of the earth around the sun.”———On the web:Royal Astronomical Society of Canada’s list of solar eclipse events in Canada: http://rasc.ca/solar-eclipse-2017American Astronomical Society list of reputable eclipse glasses sellers and manufacturers: http://bit.ly/2hZzB7JFor more safety tips, visit NASA’s dedicated solar eclipse safety website: https://eclipse2017.nasa.gov/safety———Follow @marygazze and @lucastimmons on Twitterlast_img read more

Sweatproof your makeup this season

first_imgSummer is full of wonderful things – but melting makeup, smeared eyeliner, and super-sticky lipstick are not among them. Here one need to adopt best tips for keeping makeup looking fresh and pretty, even when the weather is working against you. So here is the checklist of skin care habit to adopt in this summer to prevent melting makeup. Slather the sunscreen Skipping the sunscreen is a cardinal sin on any given day. But the effects of it are even harsher on days when the sun is at its brightest. Look for sunscreen with SPF 30 at least and make it a part of your daily skincare routine before you step out of the house. Also Read – An income drop can harm brainHack to ensure you apply sunscreen everyday is to find a moisturiser that has a generous amount of SPF in it. Apply It generously not just on the face but also neck, arms, and chest or any part of the body that may be exposed to the sun. Scrub with care It’s during warmer months that your skin need exfoliation the most. Gentle exfoliation during the warmer months saves you from clogged pores and removes blackheads and whiteheads, which in turn gives your skin a chance to breathe. As with any skincare product, it’s best to scan the label beforehand for red flags such as fragrances and alcohol. For sensitive skin, explicators with micro-beads work best. Also Read – Shallu Jindal honoured with Mahatma Award Lighten the lotion Moisturisers don’t have to be banished to the back ends of your beauty drawer with the dawn of spring. In fact, using light, water-based moisturisers will keep your skin soft and nourished during these months. This holds especially true for these with sensitive skin as water-based moisturisers get absorbed easily and don’t leave a tacky layer behind the same theory applies to body lotions. Using oil- or glycerin-based body lotions can cause acne on your back and upper arms bringing your noodle strap top dreams to a resounding halt. Chuck out your old make-up We all have a soft corner for that limited edition blush or that perfect shade of lipstick we bought a few years ago even though our minds tell us to bin it. But you need to start listening to your logic and follow the expiry dates.This includes filtering the stash and getting rid of lipsticks that smell wired, foundations that have separated and blushes that have damaged bristles. (inputs by Yashu Jain, MD, Mattlook cosmetics)last_img read more