We Celebrate the Rockettes’ New York Spectacular

first_img© Justin “Squigs” Robertson NY Spectacular Starring the Radio City Rockettes View Comments About the Artist: With a desire to celebrate the magic of live theater and those who create it, and with a deep reverence for such touchstones as the work of Al Hirschfeld and the wall at Sardi’s, Squigs is happy and grateful to be among those carrying on the traditions where theater and caricature meet. He was born and raised in Oregon, lived in Los Angeles for quite a long time and now calls New York City his home. The Rockettes are back at Radio City Music Hall for a summer stint in New York Spectacular. The new show, penned by Douglas Carter Beane and directed and choreographed by Mia Michaels, follows two kids, who while on a vacation in New York, are separated from their parents. With the help of the Rockettes, the city comes to life to show them its many wonders and reunite the family.To celebrate the production, Broadway.com resident artist Justin “Squigs” Robertson penned this sketch. There’s Danny Gardner as Dad, Kacie Sheik as Mom, Euan Morton as Mercury, Kecia Lewis as Busker, Jacob Ben Widmar as the Mad Hatter and Vincent Crocilla as Jacob, along with Jenna Ortega as Emily (a role she shares with Lilla Crawford).Broadway.com wishes the team a happy high-kicking summer…the show is running through August 7. Related Shows Show Closed This production ended its run on Aug. 7, 2016last_img read more

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Green Mountain Coffee Roasters completes sale of Filterfresh business to ARAMARK

first_imgGreen Mountain Coffee Roasters, Inc., (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers, today announced it has completed the sale of all outstanding shares of Van Houtte USA Holdings, Inc., also known as the Van Houtte U.S. Coffee Service business or “Filterfresh” business to ARAMARK Refreshment Services, LLC (ARAMARK) for an aggregate cash purchase price of approximately $145 million, subject to adjustment.Initially announced on August 29, 2011, the transaction was completed after all of the closing conditions were satisfied, including the receipt of the required regulatory approval in the United States. The Purchase Agreement contains customary representations, warranties and covenants and, subject to certain limitations, each party has agreed to indemnify the other for breaches of said representations, warranties and covenants and other specified matters.On December 17, 2010, GMCR acquired Van Houtte through the purchase of all of the outstanding capital stock of LJVH Holdings, Inc. At the time of the acquisition, GMCR announced it would pursue a sale of a portion of the former Van Houtte business, namely Van Houtte’s U.S. Coffee Service business, also known as Filterfresh. GMCR has accounted for all the assets and liabilities relating to the Filterfresh business as held-for-sale in its most recent financial statements.About Green Mountain Coffee Roasters, Inc.As a leader in specialty coffee and coffee makers, Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR), is recognized for its award-winning coffees, innovative Keurig® Single-Cup brewing technology, and socially responsible business practices. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in sustainably-grown coffee, and donating at least five percent of its pre-tax profits to social and environmental projects.GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its website, including news releases and its complete financial statements, as filed with the SEC. GMCR encourages investors to consult this section of its website regularly for important information and news. Additionally, by subscribing to GMCR’s automatic email news release delivery, individuals can receive news directly from GMCR as it is released.GMCR-C WATERBURY, Vt.–(BUSINESS WIRE)–last_img read more

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Top Ten Flatwater Paddling Paradises

first_imgGREENBRIER RIVER • WEST VIRGINIA The Greenbrier is one of the longest free-flowing rivers in the East. At high water levels, you can paddle 158 miles of the river for a dam-free, portage-free, week-long epic. Perhaps even more impressive is the user-friendly gradient of the river, which is characterized by easy-going class I and II rapids interspersed with calmer stretches. To find a river this long and friendly in mountainous West Virginia is unique, and the Monongahela National Forest scenery is as magnificent as the paddling.“I get cussed by other locals occasionally because the river is such an attraction now,” says Virgil Henshaw, owner of the Greenbrier River Campground and the oldest canoe shop on the river. “People used to stop by and point at my kayak and ask, ‘What is that?’ They know what a kayak is now.”The 79-mile Greenbrier River Rail Trail runs adjacent to the river, attracting bikers and hikers looking for a beautiful but mellow adventure. Overnight canoeists can take advantage of the infrastructure built for the rail trail by accessing the drinking water, campsites, and restrooms scattered along the trail.The 32-mile stretch of the Greenbrier River between Beard and Anthony travels through some of the wildest country in the Southeast and offers ideal riverside camping.day oneLaunch at the Beard access point off County Road 31 across river from Calvin Price State Forest. Paddle along the border of the state park before entering the Monongahela National Forest. The Greenbrier actually forms the border of the national forest in this region. On river right, you‘ll pass small towns, while the wild Monongahela dominates the banks of the river to your left. This 10-mile stretch is considered the last portion of the Upper Greenbrier, and water levels in mid summer can be low. If rainfall is scarce, expect to drag your canoe across shallow sections. camp hereAt mile post 28.5, you’ll find a primitive campsite with a tent pad, fire ring, and picnic table along the bank of the river. The site was developed for hikers and bikers pushing through the Greenbrier River Rail Trail, but canoeists are welcome to camp as well.day twoAt 15 miles, you’ve got some water to cover, but the river picks up between Rennick and Anthony. Large boulders are scattered throughout the river, and rugged scenery abounds. The highlight is the massive Coleman Cliffs, a 500-foot-high sheer rock wall on river left. Take out at the access on County Road 21 in Anthony. Paddling Lake Moomaw, Va.FOUR MOREToccoa River Canoe Trail, Ga.This 14-mile canoe trail flows through the Blue Ridge Ranger District of the Chattahoochee National Forest. Rapids are mild and the scenery is top notch. Float the whole stretch from Deep Hole Recreation Area to Sandy Bottom Recreation Area in a day, or set up camp between Margret and Butt Bridge on Forest Service land for a slower-paced two-day trip.Tugalo Lake, S.C.Located on the Georgia-South Carolina border, Tugalo is the takeout for paddlers running the wild Chattooga River. But it’s a flatwater destination on its own. Boat traffic is limited to small-motor john boats and man-powered craft. You’re likely to see more whitewater boaters crossing the lake after a Chattooga run than anything else. Head to the north end of the lake for steep, forested slopes and narrower water inlets. Roughtly 1.5 miles north of the Tugalo Boat Ramp, there’s a large sandbar perfect for camping. A mile farther north and you hit the mouth of the Chattooga River. Paddle south of the boat ramp and you’ll find yourself in the Tallulah Gorge, where the lake narrows and stone cliffs rise from the water’s edge.Lake Moomaw, Va.This 2,500-acre lake has 44 miles of primitive shoreline managed by the forest service. Mountains rise from the edge of the lake in all directions. You’ll be in the company of fishermen who flock to the waters for the stocked trout. It’s also a popular campground, with lakeside sites and a sandy beach. But serenity can be found in the remote coves of this 10-mile-long mountain lake. Put in at Coles Point near the center of the lake, and check out the nearby exposed rock cliffs left from an old quarry project.Tennessee River Blueway, Tenn.You can paddle the entire 45-mile stretch of the Tennessee River Blueway through the Tennessee River Gorge in three to four days. You’ll run from the Chickamauga Dam to the Nickajack Dam, passing through downtown Chattanooga along the way. The green, forested walls of the Tennessee River gorge will surround you, and multiple options for primitive camping exist on islands and riverbanks throughout the journey. You can even camp adjacent to downtown Chattanooga on Maclellan Island. This is deep-river paddling so you’ll probably share some time with barges, but that just adds character to the trip. SOUTH FORK OF THE NEW RIVER • NORTH CAROLINA Over 26 miles of the South Fork and main stem of the New River are designated as Wild and Scenic, and deservedly so. From the Confluence of Dog Creek to the Virginia state line, the New twists its way through the foothills of the Southern Appalachians in a series of languid elbow turns. Forested hills and manicured pastures roll away in either direction as the New makes its way north. The wild, un-dammed river is comprised primarily of long flatwater sections interspersed with bumpy ripples. The state operates a series of launches and campsites scattered throughout the 26.5-mile federally designated stretch, which gives paddlers an opportunity to customize the length of their trip.The 20-mile stretch of the South Fork between Wagner and Kings Creek Road is one of the most tranquil overnight paddles in the region.day oneLaunch your canoe at the Wagner Road Access site and paddle north for 11 miles. This section of the South Fork forms the upper reaches of the New River Paddle Trail, and is less-frequented by day-trippers due to lack of access. The upper South Fork also has more bends in it than a contortionist. camp hereBeach your canoe at the US 221 access, part of the linear state park patchwork, with canoe-in camping along the river and some easy hiking trails through the surrounding hills. You’ll also have access to hot showers and running water.day twoExpect much of the same in terms of scenery and water quality for your second day. This nine-mile stretch continues to curve through a mix of state-owned and well-tended for private land. Swimming holes are more plentiful as you paddle toward the main stem of the New. You’ll take out just before the main stem begins at the Kings Creek Road Access. paddle with friendsEvery June, canoeists go head to head in the New River Canoe Race, a five-mile sprint down flatwater and easy class I rapids. SOUTH FORK SHENANDOAH • VIRGINIA The north-flowing Shenandoah River quite literally defines much of the Virginia landscape and has sparked devotion from farmers, songwriters, and paddlers alike. Nearly 100 miles of the Shenandoah can be paddled (with the occasional low-head dam portage), but we recommend a 28-mile stretch on the South Fork Shenandoah between Luray and Bentonville that exemplifies the river’s scenic beauty. You’ll paddle relatively calm water with the occasional ledge rapid through a combination of farmland, privately owned forest, and public land. The river runs through the heart of the valley with the Massanutten Mountain range rising to your left and the peaks of the Shenandoah National Park rising to your right.day oneLaunch at the Bixler’s Ferry Bridge and paddle 13 miles through small farms and privately owned forests. This section of the South Fork is less traveled, as most boaters and tubers focus their energy on the wilder water downstream. You’ll encounter some small ledges, but no real whitewater. The river is broad and shallow with a bedrock and boulder floor. camp herePublic land begins to kick in on the left side of the river around mile marker 13. Look for a sandy beach between mile 13 and 14 at the class II High Cliffs rapid. This is a decommissioned forest service campground. The rangers no longer maintain the facilities, but it’s still legal to camp. Pick a choice spot close to the river and spend the rest of your day swimming below High Cliffs, which has a sandy beach on river left, and rocky cliffs on river right.day twoThe river gets progressively wilder as you paddle, but the biggest rapid you’ll encounter on the entire trip is Compton at mile 17.5, a class II-III wave train where the river narrows as it passes a stretch of sheer cliffs on the right. The water eddies out below the rapid, forming an ideal swimming hole and giving boaters an opportunity for repeat laps on the wave train. camp hereEven on weekends, you can find a lonely spot on the islands below Compton, since most boaters choose to camp on the sandy beach directly adjacent to the rapid.day threeThe ten remaining miles of river provide ample solitude as you paddle through national forest land and undeveloped private land with conservation easements. “This is my favorite stretch of river,” says John Gibson, owner of Downriver, a canoe outfitter operating on the South Fork. Take out at the Low Water Bridge in Bentonville. SANTEETLAH LAKE • NORTH CAROLINA The 3,000-acre Santeetlah Lake is almost entirely surrounded by public land, with the Nantahala National Forest comprising 80 percent of the lake’s shoreline. Other than a small stretch of second homes around the Town of Lake Santeetlah, the lake is surrounded by primitive forest. The lake was created in 1928 when a dam was built across the Cheoah River, flooding the valleys between the 3,000 and 4,000-foot mountains in this remote corner of Western North Carolina. The end result of that flooding is a web-like body of water with mountains rising almost directly from its waters. Santeetlah only has two wide expanses of water near the marina and Cheoah Point; the rest of the lake is comprised of sinewy fingers that branch off into mountain hollers fed by cold trout streams.The lake is small enough to discourage fast-moving power boats. Instead, you’ll see a handful of large pontoon crafts moving slowly through the waters. And if you paddle deep into one of the remote coves on the edges of Santeetlah, you probably won’t see anyone at all.day one Cheoah Point makes the perfect launch point for an overnight exploratory trip of Santeetlah. As you make your way into the widest lake opening, you’ll see Funnel Top, a 3,000-foot mountain rising from the banks of the lake to the southwest. You’re headed to an island owned by the Forest Service directly south of the Town of Lake Santeetlah. It’s a three- to four-mile paddle from Cheaoh Point to the island. camp hereThe Forest Service island has flat, primitive camping for one or two tents. Set up camp and get back in your boat for some afternoon excursions. Directly south of the island is Bald Eagle Point, a long-time nesting ground of our national bird.day twoPaddle the three miles north back toward Cheoah Point, but then head west for three more miles along Avey Branch, which will lead you to the mouth of Santeetlah Creek. Paddle upstream as far as you can, then park the boat and hike to a series of small cascades and cold swimming holes. If you arranged for a shuttle, there’s an access beach on Avey Branch near the mouth of Santeetlah. Otherwise, leave enough time for the three-mile paddle back to Cheoah Point. A paddler explores the waterfalls of Lake Jocassee in South Carolina.LAKE JOCASSEE • SOUTH CAROLINA This 7,500-acre manmade lake sits at the base of the Blue Ridge Escarpment. The foothills of South Carolina and mountains of North Carolina form the backdrop of the lake, which is surrounded almost entirely by public land. Other than a few scattered second home sites, the forests surrounding Jocasee are completely undeveloped. In fact, one of the South’s most diverse long trails­—the Foothills Trail—runs along the northern edge of the lake. A few primitive backcountry campsites can be found where the Foothills Trail meets the lake (register in advance), enabling kayakers to put together overnight or extended multi-day trips.What truly sets Jocassee apart from other mountain lakes, are the waterfalls. The lake is fed by ice-cold streams that drop dramatically from the surrounding foothills into remote corners of the lake. Half a dozen sizeable waterfalls can be found along Jocasee’s banks, some of which are nestled inside lush, remote coves.What follows is a three-day itinerary designed to get you into the most remote corners of Jocassee. You’ll jump from cliffs, paddle to waterfalls, and camp on the banks of the lake without another boat in sight.day oneLaunch at the boat ramp at Devil’s Fork State Park on the southern end of the lake and paddle north for two miles to the state park’s backcountry campsites. These sites are first come-first serve boat-in only, and sit at the base of Musterground Mountain. Set up camp, then strike out for Lower Whitewater Falls, a two-mile paddle up the mouth of the Whitewater River. If you have enough time and energy, the waterfall on Wright’s Creek is just a short paddle up the mouth of the Thompson River right next door to the Whitewater. camp hereDevil’s Fork State Park offers boat-in backcountry sites on the northern banks of Jocassee, directly across the lake from the boat launch.day twoBreak camp and paddle north through the Toxaway River branch of the lake to Jump Off Rock (roughly four miles from your campsite). Jump Off Rock is exactly what it sounds like: a 20-foot cliff rising from the green waters on the eastern edge of Jocassee. Jump, repeat, then head further north into the mouth of the Horsepasture River, until Mills Creek branches to the left. Follow the mouth of Mills Creek to a 30-foot waterfall set inside a lush, green cove. You can jump from it, or simply sit in your boat and admire its tropical beauty. Backtrack to the Horsepasture, then continue to paddle upriver until the Horsepasture meets the Foothills Trail. camp hereArrange for a backcountry camping permit at least two weeks in advance, and set up camp along this gem of a long trail, not far from where the trail crosses the river.day threePaddle south along the Horesepasture until it meets Jocassee. You’ve got nine miles to paddle from your campsite back to the Devil’s Fork State Park boat launch. Plan for a five-hour trip (longer if there’s a headwind). If you have time, check out Laurel Creek Falls, another impressive waterfall sandwiched between stone cliffs on the eastern bank of Jocassee. One way shuttles can also be arranged through Jocassee Outdoor Center if you don’t want to paddle back. • Explore the top ten flatwater paddling paradises.Whitewater paddling is like nature’s own Mountain Dew commercial, with torrential rapids, dramatic drops, and water crashing over rocks. But paddling into a tranquil flatwater paradise can be just as powerful as a whitewater run.“Whitewater paddling is like driving a race car,” says Terry Kepple, a former Olympic paddler who now guides on the calm New River in North Carolina. “But flatwater, that’s like taking a scenic cruise through backroads. You get to enjoy the scenery a bit more.”Whether you’re looking for a calm paddle through a swamp or an overnight excursion on a mountain river, you’re next epic paddling adventure begins here.GREAT DISMAL SWAMP NATIONAL WILDLIFE REFUGE • VIRGINIA The refuge covers 112,000 acres of forest and wetlands that have played a complex role in American history. Slaves hid in the swamp while moving north on the Underground Railroad. Robert Frost visited the swamp to try to kill himself. George Washington bought most of the swamp as part of a get rich land scheme, building canals and removing valuable timber. Colonel William Byrd, an early explorer of the area, inadvertently named the swamp by describing it as a “vast bog of dirt and nastiness; a dismal place to be.”We respectfully disagree. Those canals that Washington built now serve as paddling and hiking avenues to the crown jewel of the refuge, 3,100-acre Lake Drummond, one of Virginia’s only natural lakes. The most distinguishing characteristic of the lake is its water, which is black from the peat deposits that dominate the floor. At its deepest, Drummond is only six feet, so you’ll find bald cypress trees punching through the black waters even in the middle of the lake.day onePut in at the Great Dismal Boat Ramp on U.S. 17 and paddle the 50-foot-wide Dismal Canal south to the Feeder Ditch, which runs for 3.5 miles to the edge of Lake Drummond. Hook up your boat to the innovative marine railway, which will portage your craft from the canal to the lake. camp hereThe Lake Drummond Reservation is a canoe-only campground and the only place to camp inside the refuge. Expect open, grassy camping with restrooms and running water.day twoPaddle the black waters of Lake Drummond, photographing the patches of bald cypress that thrive in the wet environment, and taking dips in the dark waters. The high acid content actually slows the growth of bacteria, and people say you can drink the water straight from the lake. We say, why not purify it too? It’s also worth it to park the boat on the western shore of Drummond and explore some of the hiking trails that meander through the forest. paddle with friendsPaddle for the Border is an annual boat trip from Great Dismal Swamp State Park in North Carolina into the wildlife refuge in Virginia. Nearly 300 boaters make the 7.5-mile pilgrimage up the Dismal Canal every year.last_img read more

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Showing the financial literacy story

first_imgWhen I think back to Kindergarten, I recall the cubbies where we hung our backpacks, the world’s most dangerous playground equipment and, of course, Show & Tell.  We would bring an object from home to share with the class, and this fun experience helped my classmates and I get to know each other as unique individuals. Beyond the social value of Show & Tell, it is an important educational tool that helps young learners plan, organize, and communicate their thoughts. Fast forward to second grade Show & Tell. The teacher had us put away our objects and use only our words. My heart sank. “Show & Tell” had just become “…Tell.” I had brought in one of my grandfather’s old pipes that day (it was the Seventies after all) to help me talk about why I loved him so much. The smell of his pipe brought back summer afternoons on the screen porch and bedtime stories by the fireside. In that paralyzing moment, I realized that communication is bigger than words alone: it is a marriage of words and actions. Credit union leagues create potential value through their actions. Service corporations negotiate successful partnerships and build cost-effective economies of scale. Government relations staff advocate non-stop – mostly out of sight – to protect consumer access to credit unions and preserve the credit union difference. Value, however, is in the eye of the beholder. We have precious little time and limited resources to communicate our messages. So, those messages must achieve their desired effect as broadly and deeply—and as quickly—as possible. A credit union league’s ability to create and deliver value derives from the members themselves. After all, without members, there is only “Tell” and no “Show.” Supporting and showcasing the work our members do on the front lines is the “Show” for our “Tell.” And it is the leagues themselves who know their memberships well enough to utilize their stories to the greatest benefit. In true collaborative spirit, leagues often work together to amplify the impact of their messaging. For example, as the economic insult to the COVID-19 public health injury reached a fever pitch earlier this year, the Connecticut League launched its Financial First Responders campaign. This effort succeeded because it struck three harmonic notes: 1) credit unions are a good choice for the consumer because they are ready, willing and able to help right now; 2) credit unions deserve special attention because they are designed and built differently than banks; and 3) credit unions should be trusted because they have a century-long track record of success. The campaign utilized paid advertising, social media, and earned media to celebrate our credit unions. Then we set up a web store to sell branded merchandise with the proceeds going to fuel our efforts to expand Financial Reality Fairs in Connecticut’s underserved communities. Leagues across the country promoted the concept to their members and, with their help, we not only rallied our credit unions, we raised both awareness of the credit union difference and thousands of dollars for our charitable foundation. Effective communications are also thematic across campaigns. Building on the success of #FinancialFirstResponders, our latest campaign calls for all public schools to provide financial literacy education. We began with an op-ed calling for a mandated high school graduation requirement and will pivot to middle school because those grades more closely align with the time when kids are just beginning their lifelong relationship with money.As with all our campaigns, we used the following three-legged stool analysis to determine whether this campaign is aligned thematically: 1) Are we supporting our members’ business interests (member retention and recruitment)? 2) Is the message crafted to inspire others to support the credit union movement actively (both CU employees and government officials)? and 3) will it advance a social good (community benefit)? The business benefit: Publicly provided financial literacy education supports our members’ businesses. Choosing a credit union is more than just a rational financial choice, it is a savvy choice. Credit unions offer better rates and lower fees, and plow profits back into the community. Moreover, credit unions embody relationship banking. The problem to be solved, however, is that most financial consumers do not act rationally. Leading the charge to training children in personal finance, while they have the time to absorb and adopt sound financial practices, not only helps the credit union member’s family, it will help to grow a new generation of financially savvy members. The advocacy benefit: Financial education provides a robust messaging platform. Exposure to financial education in childhood can lead to “Money Maturity” in adulthood. As the term implies, money maturity builds over time. As financial consumers develop the habit to act rationally, they will look for guidance to make smarter financial choices. Credit unions are uniquely positioned to meet people where they are and “Show” them the benefits of the credit union difference rather than merely provide a “Tell.” Financial literacy can be a potent rallying point to communicate with others, including government officials, about taxation, inclusiveness, business lending, consumer and student lending, and even charter expansion.The community benefit: Training generations of students in the basics of personal finance levels the playing field for financial consumers. Everyone deserves an equal shot at financial independence, but our educational system currently gives some kids a head start. If America, as they say, is the land of opportunity, why then do we fail to teach everyone about money and personal finance? The state-sanctioned denial of this lost opportunity is a simple injustice that unfairly maintains and abides a widening wealth gap, and credit unions combat this economic injustice every day. Imagine if my teacher had followed up the exercise with taking away our ability to “Tell” and only had us “Show.” How would I show how much I loved my grandfather without using words? How would I use the pipe in my silent movie? Like any good drama, the action conveys far more of the story than the words alone. Now is the time to focus more on “Show”-ing the story of the credit union difference in action. For Connecticut’s part, that means pursuing our mission relentlessly to give everyone a fighting chance at financial independence. That begins with training a generation of children in the basics of personal finance. The Credit Union League of Connecticut is a proud member of the American Association of Credit Union Leagues (AACUL) and is committed to collaborating with leagues nationwide to foster the prosperity of the entire credit union movement. 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Bruce Adams Bruce Adams is the President and CEO of the Credit Union League of Connecticut (CULCT). He assumed this role in 2019, after spending the bulk of his 15-year career as … Web: https://www.culct.coop Detailslast_img read more

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US records 743 coronavirus deaths in 24 hours

first_imgThe virus has killed at least 373, 439 people around the world since it appeared in late 2019 in China, according to a report compiled by AFP from official sources.In the United States, states have begun relaxing confinement measures intended to slow the spread of the virus in varying degrees.But several major US cities have issued curfews in the face of violent protests sparked by the death in Minneapolis police custody of George Floyd, an unarmed black man who was killed last week after a white officer knelt on his neck for nine minutes.Topics : The United States on Monday recorded 743 new coronavirus deaths in 24 hours, according to the Johns Hopkins University tracker, bringing its total to 105,099 since the global pandemic began.The country has officially logged 1,809,109 cases of COVID-19, the tracker set up by the Baltimore-based university showed at 8:30pm (0030 GMT Tuesday).The death toll and number of cases in the United States are by far the worst in the world.last_img read more

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GoPay launches in-app gold investment feature

first_imgTechnology giant Gojek’s e-wallet GoPay announced on Tuesday a new gold-investment feature called GoInvestasi in partnership with investment fintech start-up Pluang.GoPay managing director Budi Gandasoebrata said the demand for investment through e-wallets had led to GoPay providing the investment platform.“That is why we are sure that an accessible and transparent investment feature is relevant to our users’ needs,” he said in a press statement. Users can register with GoInvestasi using their Gojek-registered phone number. They can then invest as little as 0.01 gram of gold, equivalent to Rp 8,000 (US 57 cents), in Pluang with payment and investment withdrawal made through GoPay.GoInvestasi is available as a GoPay feature, and both are available in the Gojek app.Users can also save their gold and exchange it for PT Aneka Tambang (Antam) certified gold bars.Budi went on to say that all GoInvestasi transactions were supervised by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), as well as PT Kliring Berangkat Indonesia (KBI).Meanwhile, Pluang cofounder Claudia Kolonas said that partnering with GoPay would allow more people to start investing in gold.“The public’s awareness and willingness to invest has become more apparent and people are drawn to gold investment because it is low risk but still profitable,” she said.Pluang received $3 million from Go-Ventures, Gojek’s venture capital unit, in the fintech’s series A funding round in September. (eyc)Topics :last_img read more

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Hong Kong police raid pro-democracy newspaper, arrest owner

first_img‘Prepared for prison’ The security law was introduced in a bid to quell last year’s huge and often violent pro-democracy protests, and authorities have since wielded their new powers to pursue the city’s democracy camp, sparking criticism from western nations and sanctions from the United States. Lai’s Apple Daily and Next Magazine are unapologetically pro-democracy and critical of Beijing. Few Hong Kongers generate the level of personal vitriol from Beijing that Lai does.China routinely calls him a a “traitor” and a “black hand” behind last year’s protests.Allegations of Lai colluding with foreigners went into overdrive in state media last year when he met with US Secretary of State Mike Pompeo and Vice President Mike Pence.Lai spoke to AFP in mid-June, two weeks before the new security law was imposed on Hong Kong.”I’m prepared for prison,” he said.He described Beijing’s new security law as “a death knell for Hong Kong” and said he feared authorities would come after his journalists. He also brushed off the collusion allegations, saying Hong Kongers had a right to meet with foreign politicians. Journalists working at Lai’s Apple Daily took to Facebook to broadcast dramatic footage of police officers conducting the raid, and the newspaper’s chief editor Law Wai-kwong demanding a warrant from officers.”Tell your colleagues to keep their hands off until our lawyers check the warrant,” he was filmed saying.Apple’s staff were ordered to leave their seats and line up so police could check their identities as officers conducted searches across the newsroom.At one point Lai was present, in handcuffs and surrounded by officers.  Police said the search was conducted with a court warrant which was shown to staff.Chris Yeung, president of the Hong Kong Journalists Association, described the police action as “shocking and terrifying”. “This is unprecedented, and would be unimaginable only one or two months ago,” he said.Apple editor Law later sent a note to staff, seen by AFP, telling reporters to “stand by their posts” as he vowed to get the latest edition printed despite the raid. Sweeping new law Beijing’s new law targets secession, subversion, terrorism and colluding with foreign forces.Both China and Hong Kong have said it will not affect freedoms and only targets a minority.But its broadly worded provisions criminalized certain political speech overnight, such as advocating sanctions, greater autonomy or independence for Hong Kong.Critics, including many Western nations, believe the law has ended the key liberties and autonomy that Beijing promised Hong Kong could keep after its 1997 handover by Britain. Washington last week responded by imposing sanctions on a group of Chinese and Hong Kong officials — including the city’s leader Carrie Lam.The law’s introduction has coincided with ramped up police action against democracy supporters.About two dozen — including Lai — have been charged for defying a police ban to attend a Tiananmen remembrance vigil in early June. Lai and many others are also being prosecuted for taking part in last year’s protests.Last month a dozen high-profile pro-democracy figures were disqualified from standing in local elections for holding unacceptable political views.The banned opinions included being critical of the security law and campaigning to win a majority in the city’s partially-elected legislature in order to block government laws.Shortly after the disqualifications, city leader Lam postponed the elections for a year, citing a surge in coronavirus cases.center_img Hong Kong pro-democracy media tycoon Jimmy Lai was arrested Monday and led in handcuffs through his newspaper office as police raided the building, part of a sweeping crackdown on dissent since China imposed a security law on the city.Lai, 71, was among seven people detained on suspicion of colluding with foreign forces — one of the new national security offences — and fraud in an operation targeting the Next Media publishing group. It was the latest police operation against dissidents since Beijing imposed the law on Hong Kong at the end of June. Two of Lai’s sons were among those detained, a police source told AFP. Topics :last_img read more

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Gold Coast beachside unit block fetches more than $2m at auction

first_img109 Seagull Ave, Mermaid Beach.Mr Howarth said the 558sq m property was considered large for Mermaid Beach with a 32m frontage to Heron Ave and 17m frontage to Seagull Ave.It now has four strata-titled units.“Subject to council approval, you could design four, three-storey villas on the site…,” he said.The property is in a prime position, 150m from the beach and close to the popular Nobby Beach dining precinct. More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago109 Seagull Ave, Mermaid Beach.“More than 80 people came to watch the auction, which was conducted by Mark MacCabe from Apollo Auctions, and there was plenty of spirited bidding before it became a battle between two parties,” he said.“The winning bidder was a long-time Gold Coast resident, who owns several properties in the region.“The purchaser intends to initially land bank while they complete a feasibility study to determine the best development option for the property.” 109 Seagull Ave, Mermaid Beach.A MERMAID Beach unit block attracted buyers from as far as New Zealand and Japan when it went under the hammer on the weekend.But a local buyer made the winning bid, snapping up the four beachside units at 109 Seagull Ave for $2.105 million.Marketing agent Peter Howarth, of John Henderson Professionals Mermaid Beach, said there were 18 registered bidders on the day with two phoning from overseas.last_img read more

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National LGPS framework targets State Street replacement and more [updated]

first_imgKeogh added: “The requirements have been expanded to cover the areas such as portfolio monitoring for individual funds and potentially for the LGPS pools, and also investment cost-monitoring services.“And so we are wrapping up those individual strands into a new framework.”State Street no longer provides investment benchmarking to the LGPS generally, having since March 2016 discontinued its performance-measurement services for third-party clients in the UK and the Netherlands.Keogh said the new framework agreement would be multi-lot and multi-provider.As with other national frameworks, this one would be accessible to all LGPS, with a view to making it attractive for the asset pools being formed as well.“We are hoping to frame this in a way such that LGPS pools can access those services should they wish to,” said Keogh.The procuring group aims to issue an invitation to tender in early November. [Updated] Nick Wright, head of global services UK, State Street, told IPE that although State Street decided to stop offering its performance measurement services on a standalone basis to third party local authority clients in the UK, it is still providing these to clients that subscribe to its asset services as part of the provider’s focus on the “end-to-end solution”. * Carmarthenshire County Council, Essex County Council, the London CIV, Staffordshire County Council and Wirral Metropolitan Borough Council Norfolk County Council is preparing to launch a national framework for the UK local government pension schemes (LGPS) for the provision of investment performance and cost monitoring and reporting services, a move initially fuelled by State Street’s decision to drop its benchmarking service for the LGPS sector.Norfolk County Council – acting on behalf of itself, four other local authority pension fund administering bodies and one asset pool* – communicated its intention to the market by way of a prior information notice last week.Nigel Keogh, national LGPS frameworks manager at Norfolk County Council, told IPE the group began discussing launching a new framework after State Street decided to discontinue its local authority pension fund universe analysis service.Over time, however, “the conversation moved on to cover related services”.last_img read more

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Where There’s Smoke …

first_imgFocus on the Family August 2015Resistance to a Colorado law passed in 2012 legalizing the recreational use of marijuana is growing steadily as unnerving results continue to mount.Some voters who supported the law are now voting to block pot shops in their communities. Education organizations are springing up around the state, and a fledgling repeal movement is underway.“There is a growing angst among people who are now pushing back,” says Bob Doyle, executive director of the advocacy group Colorado Tobacco Education and Prevention Alliance. “People have become aware of what this is all about—the mass commercialization of marijuana, not social justice or (reducing) incarceration rates.”A top concern for many people who are now part of the resistance is the fact that kids under the age of 21—the minimum age for purchasing marijuana that was written into the law—are nonetheless consuming it at stunning levels, according to the Rocky Mountain High Intensity Drug Trafficking Area (RMHIDTA), an offshoot of the Office of National Drug Control Policy, which coordinates efforts between federal, state and local drug-enforcement agencies.Moreover, today’s marijuana includes concentrated products, like cannabis butter or oil, which are made by extracting the psychoactive ingredient of the plant for a very powerful effect.“I feel like we’re losing a generation. I talk to these kids, mainstream kids, and they are doing the concentrate every day. Every day,” says Diane Carlson, co-founder of Smart Colorado, a youth advocacy group that works with many schools. “The potential for harm and the implications for their future is unfathomable.”The new law has caused headaches for its neighbors, too. Two states and a consortium of law enforcement agencies from three are suing Colorado for the spillover effects they’re now seeing in their own neighborhoods, where marijuana usage remains illegal.Far-Ranging ImpactsCarlson admits she was unaware of all the different types of marijuana products that could be sold when the law was being debated in 2012. Now she knows.Aiming at the ChildrenThere’s big money in legalized marijuana. Sales hit $700 million in Colorado in 2014—$313 million in the recreational category and $386 million in medical, according to the Colorado Department of Revenue. In the first quarter of 2015, retail cannabis shops sold $118 million worth of marijuana. That number is increasing every quarter, the department says, and recreational sales will likely top $472 million this year.Spiking PotencyAccording to the National Institute of Drug Abuse, THC levels in marijuana averaged about 4 percent 30 years ago, when smoking a joint meant a gentle high. The national average now is 12 percent and rising. But in Colorado, THC levels exceed 20 percent in many of the retail edibles, and can reach 95 percent in the case of concentrates. That exacerbates the drug’s mental and physical impacts, sending addiction levels soaring.Rising Opposition“Our kids are getting access to the potent marijuana edibles. Adults are absolutely shocked,” Carlson says.http://www.focusonthefamily.com/socialissues/citizen-magazine/where-theres-smoke/where-theres-smokelast_img read more

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