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Xi Jinping and Donald Trump have fired the opening salvoes of the coming trade war

Louisa Bojesen Monday 23 January 2017 4:30 pm Nevertheless, Trump’s populism and his belief that the EU is a vehicle for Germany already has an appeal across the pond. Emboldened by his victory, Europe’s far-right parties met over the weekend in Germany. France’s Marine Le Pen hoped more nations would follow Britain’s example in leaving the EU. “2016 was the year the Anglo-Saxon world woke up. I am certain 2017 will be the year when the people of continental Europe wake up,” Le Pen said.Read more: It’s time to face facts: Pandora’s Box is open and Europe is finishedAnti-establishment parties could test the euro, but the biggest threat could be to Central European currencies. “I don’t understand why people aren’t trading the Central and Eastern European currencies lower. They are our pesos”, Valentin Marinov of Credit Agricole told me.He argues that the Dutch, German, and French elections could weigh on the Central European currencies, for the same protectionist reasons that the Mexican peso sold off in the wake of the Trump victory. Marinov points out that, even if the anti-EU parties don’t directly win elections, they most likely will expand their presence in parliament. This could fan fears about growing protectionism in Europe.Despite an inward-looking America, Chinese President Xi Jinping and Prime Minister Theresa May went to Davos with an altogether different message. Both were calling on business leaders to understand that globalisation has not been inclusive and that some people have been left behind. Xi Jinping and Donald Trump have fired the opening salvoes of the coming trade war whatsapp Read more: Xi Jinping in Davos: “No one will emerge as a winner in a trade war.”“Many people feel bewildered and wonder: what has gone wrong with the world?” Xi said. “As a line in an old Chinese poem goes, ‘Honey melons hang on bitter vines; sweet dates grow on thistles and thorns’.” Suggesting that nothing is ever perfect, he added that “many of the problems troubling the world are not caused by economic globalisation”.“Whether you like it or not, the global economy is the big ocean that you cannot escape from. Any attempt to cut off the flow of capital, technologies, products, industries and people between economies, and channel the waters in the ocean back into isolated lakes and creeks, is simply not possible. Indeed, it runs counter to the historical trend.”These are interesting thoughts from Xi, for the Middle Kingdom is one of the most protectionist countries in the world.Read more: Forget Russia: Trump’s China trade war risks breaking Asia’s fragile peace whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speedinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterPost FunCops Called To Investigate Smell From Abandoned House Didn’t Expect To Find ThisPost Fun May, while echoing Xi on the benefits of global trade, and reiterating that Britain will still be part of Europe post-Brexit, also spoke of how the UK should be focusing on “developing a new Modern Industrial Strategy”. The Prime Minister said this new Industrial Strategy was about “creating the conditions where winners can emerge and grow. It is about backing those winners all the way to encourage them to invest in the long-term future of Britain.” A more interventionist Britain does not sound too dissimilar to Trump’s America.It’s possible both Xi and Trump have fired the first salvoes in a trade war. We stand to learn a great deal when May heads to Washington this week. She needs a strong bargaining chip for negotiations with the EU to show that there is a world beyond the Single Market. But what kind of deal can a post-Brexit Britain expect, if all the UK has to offer the President is a stay at Buckingham Palace and if Trump insists on putting America First? Share It’s only the first week of Donald Trump’s presidency, but the contrast between Trump’s “America First” protectionist rhetoric and other world leaders’ hopes of globalisation working for the many could not be starker.The Trump rally had already stalled before the 45th President began his inauguration speech, as investors sought more detail on his plans. Despite Trump’s tax cuts and infrastructure spending pledges, the Federal Reserve may have to scale back its growth and inflation expectations for next year. Not just that, but it may have to think about cutting rates, instead of hiking twice like the vast majority of analysts expect. It seems the consensus is to wait and see. 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What can we learn from the Black Death? Be prepared a

first_img whatsapp Opinion Then there is the economy. The current chancellor has had to be very innovative with his schemes to preserve jobs. The Black Death created the opposite problem: a massive shortage of labour.  Share Wednesday 3 June 2020 6:32 am City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Can we learn from history?  There were arguments over the Medieval equivalent of PPE. In London, the demand for gloves rose dramatically. Master glove makers enticed away their rivals’ employees.  Unlicensed glove production, often of dubious quality, soared. The city fathers had to step in and enforce the regulations more effectively. Show Comments ▼ Of course, the Black Death was almost incomprehensibly more lethal.  Around 50 per cent of the total UK population died in 1348–49. That is 33m deaths in current terms. Then, as now, there were inequalities in health outcomes. Because of their greater ability to practise social distancing, the nobles and church leaders had much lower death rates. Even so, these were still some 20 per cent. whatsapp People back then worked out very quickly how plague might be avoided. Those who could fled from infected areas. If possible, they locked themselves away in castles or monasteries.   But an equally innovative and imaginative solution was found. Maximum wage rates were fixed by legislation. The local nobility and gentry were given an incentive to enforce it: any fines collected from workers paid more than was legal could be offset against the overall amount of tax due from the county. Modern scholarship has overturned the long-held idea that the plague was spread exclusively by fleas on rats. Contemporaries knew that it was spread from person to person by breath. The new coronavirus  is transmitted by droplets from the nose and mouth. Both diseases lingered on clothing and objects.   An excellent book by Ben Gummer on the Black Death in fourteenth century Britain, The Scourging Angel, shows that we can. Main image credit: Getty What can we learn from the Black Death? Be prepared, trust entrepreneurs, and have faith Here is a key lesson for Covid-19. If a new wave arrives in the winter, there is no excuse if the government is not prepared. The time to start is now. Two positive themes emerge towards the end of the book. Now, as then, confidence is the key to recovery. On a lighter if macabre note, a “William of Liverpool” was convicted of a different scam. A neighbouring village had no burial ground. For a substantial fee, he agreed to take the bodies and bury them on what he claimed were his extensive fields. Essentially, he then fly-tipped the corpses on his way home. First, the authorities then took steps to try to mitigate the impact of any second wave of the plague almost as soon as the first had passed. The streets of London, for example, unimaginably filthy to modern eyes, were kept cleaner. The peasantry — the vast bulk of the population — had far fewer options. But they did try to cut off contact with the world outside their own immediate village as much as possible. Published 10 years ago, the book offers many intriguing parallels with the Covid-19 crisis. Get City A.M.’s views on what lockdown means for politics and business delivered straight to your inbox every day. Now, as then, confidence is the key to recovery (Getty Images) Also Read: What can we learn from the Black Death? Be prepared, trust entrepreneurs, and have faith Now, as then, confidence is the key to recovery (Getty Images) Paul OrmerodPaul Ormerod is an economist at Volterra Partners LLP, a Visiting Professor in the Department of Computer Science at UCL, and author of Against the Grain: Insights of an Economic Contrarian, published by the IEA in conjunction with City A.M. The second point is that economic activity recovered remarkably quickly. London in particular was soon buzzing again. It was not state action which delivered this — it was confidence on the part of both entrepreneurs and consumers. last_img read more

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Convicted Lee County sex offender arrested for violating probation

first_imgLEE COUNTY, Fla. – A Lee County convicted sex offender was arrested Monday for violating his probation, according to SWFL Crime Stoppers. Russell James Volney, 65, was arrested in 2016 for sexually assaulting a 16-17 year old girl, court records show. He was found guilty in August of 2016. A judge sentenced him to 364 days in jail, followed by 108 months of sexual offender probation under the supervision of the Department of Corrections, according to court documents. SWFL Crime Stoppers said Volney was arrested Monday and is back in the Lee County Jail. Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Convicted Fort Myers sexual predator sentenced for violating probation May 19, 2021 Sex offender arrested in Florida after faking identity for 21 years May 28, 2021 Sex offender wanted in Lee County after failing to register March 31, 2021 Advertisementcenter_img Florida pastor helps deputies catch a convicted sex offender June 3, 2021 Advertisement RELATEDTOPICS AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementTags: sex offenderlast_img read more

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Equifax apologizes to Canadians affected by data breach

first_img Related news Russo unreservedly apologized for the lapse at Equifax’s U.S. parent that affected 19,000 Canadians this year. “Being a trusted steward of information has long been one of Equifax’s core principles, so we were devastated when this happened,” Russo told the Commons committee on information, privacy and ethics. “I can assure you that in the months and years leading up to this incident, Equifax U.S. did not take data protection lightly. In fact, it has invested aggressively, particularly over the past five years, in security and network resilience. Nevertheless, a cyberattack and breach occurred, and information was stolen by criminals.” The breach included names, addresses and social insurance and credit card numbers, as well as usernames, passwords and secret question/secret answer data. Hackers also accessed or stole the personal data of 145.5 million U.S. consumers and nearly 400,000 Britons in the breach, which was discovered July 29. Equifax first notified the public of the breach on Sept. 7, though it says the unauthorized access is thought to have happened from mid-May through July. Equifax has notified affected Canadians by mail — making efforts to ensure it has up-to-date postal addresses — and has offered them free credit monitoring and identity theft protection for one year. The protection includes daily credit monitoring with alerts, daily access to personal Equifax credit reports and scores, Internet scanning of suspicious credit-card number and SIN use, and up to $50,000 of identity theft insurance to help affected people with out-of-pocket expenses. Conservative MP Bob Zimmer, the committee chairman, said given that the effects of identity theft “can be life-changing,” $50,000 seems insufficient to cover people. “They might not be able to buy a house, they might not be able to have a car for many, many years,” he said. “I would challenge you to do the right thing and make sure that Canadians are made whole again if affected by this.” Liberal MP Brenda Shanahan questioned why the company would end full protection for the 19,000 Canadians after one year. “It should be for life, Mr. Russo — for life.” More than 1,600 Canadians have signed on for the complimentary protection services to date, and some who were notified more recently are likely to do so in coming days. Russo said Equifax was eyeing the so-called dark web — the shadowy, underground corners of the internet — for “any suspicious traffic” linked to the compromised information. Liberal MP Nathaniel Erskine-Smith asked Russo to follow up in writing about what the company was doing to monitor the dark web. So far, Equifax says it has no complaints of fraudulent activity linked to the affected Canadians. The committee has been studying Canada’s private-sector privacy law, including the possibility of giving the privacy commissioner power to levy fines. Russo insisted the company was taking steps to ensure such a breach never happens again. “We want to go above and beyond the industry standard.” Since the lapse, Equifax Canada has held regular meetings with the privacy commissioner’s office and provincial counterparts, he added. MPs chastised an Equifax Canada executive Monday for not doing more to make amends to thousands of Canadians whose personal information was compromised by hackers. John Russo, chief privacy officer for the Canadian branch of the global credit-reporting firm, faced a barrage of pointed questions at a House of Commons committee over how the breach happened and the adequacy of the company’s response. IIROC urges vigilance amid heightened cybersecurity threats Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million Facebook LinkedIn Twittercenter_img Keywords Cybersecurity Share this article and your comments with peers on social media Jim Bronskill Court approves data breach settlements with BMO, CIBClast_img read more

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Watching wolf Why climate emergency threatens us all

first_imgWatching wolf Why climate emergency threatens us all What they teach you at Harvard Business School is that the main thing is to make sure the main thing really is the main thing. There is only one main thing: the climate emergency.It is the main thing because it affects everything else, more than anything else. Runaway climate change won’t just kill the insurance industry, though it will. It will kill our economy, our people and our planet.The Environment Agency plans our response to flooding and other major environmental incidents on the basis of what we call the Reasonable Worst Case scenario. The RWC for climate sounds like this: Much higher sea levels will take out most of the world’s cities, displace millions, and make much of the rest of our land surface uninhabitable or unusable. Much more extreme weather will kill more people through drought, flooding, wildfires and heatwaves than most wars have. The net effects will collapse ecosystems, slash crop yields, take out the infrastructure that our civilisation depends on, and destroy the basis of the modern economy and modern society.If that sounds like science fiction let me tell you something you need to know. This is that over the last few years the Reasonable Worst Case for several of the flood incidents the EA has responded to has actually happened, and the Reasonable Worst Case scenarios are getting larger.The impacts of the changing climate are already being felt. In Storm Christoph last month we saw rivers, including the Mersey, rise to levels that did not just break records but smash them. In many parts of the country the waters got to within a centimetre of the top of our flood defences. Those defences protected 49,000 homes and families from the destruction, damage and misery flooding causes. Sadly some 500 homes did flood, and every one of those is personal tragedy. But it was nearly much, much worse.In the event, the rainfall and flooding we saw in Storm Christoph did not exceed the Reasonable Worst Case scenario. If it had, the water would have come over the top of many of our defences and thousands of homes would have been flooded. But when we issued those hundreds of flood warnings during Storm Christoph, when we evacuated communities, when we deployed our teams and operated our defences, we were not crying wolf. There was a wolf. It was big and bad, and this time the fences that keep it out held. But the weather wolf is getting stronger every day, and our fences were designed for a much smaller beast. That is why our thinking needs to change faster than the climate. And why our response needs to match the scale of the challenge.The good news is that we know exactly what we have to do. We need to mitigate the extent of climate change. We need to adapt to its effects. And we all need to lead by example.The Environment Agency is doing those things. We are reducing the speed and extent of climate change by regulating down greenhouse gas emissions from industry, and by running the UK’s new Emissions Trading Scheme. We are helping communities become more resilient to the effects of the changing climate by building new flood defences and by contributing to local planning and place-making. And we are trying to walk the walk ourselves, by using our £3.5 billion pension fund to incentivise sustainable investment, and by committing the EA to become a Net Zero organisation by 2030.The insurance industry has a huge interest in this fight. Insurers are at the forefront of the impact climate change has on communities and infrastructure. More frequent and severe weather events mean more, and more costly, claims for insurers. And as Huw Evans (ABI Chair) has rightly said, “the biggest thing the industry can do is to use its sizeable investment portfolios to move funding away from things that are polluting the planet and into greener initiatives”.We welcome this, as we welcome what some parts of the industry are now doing at retail level to encourage the behaviour from customers that will make both individuals and the industry more resilient to climate shocks – for example, incentivising policy holders to fit flood protection in their own properties, which prevent or reduce the damage and the cost of being flooded. The insurance sector also has a critical role to play, and a direct self-interest, in investing in resilient infrastructure and in helping consumers and investors move towards net zero.Much of the world’s effort today is going into tackling the Coronavirus pandemic. That’s right: we cannot stand by and allow millions of people to die. And with the right measures we can beat Coronavirus.The same is true of the climate emergency. The climate emergency is the unseen pandemic, because left unchecked it will kill more people, and do much more harm, than Covid 19. Dr Margaret Chan, the former Director General of the World Health Organisation, has pointed out that if the nine countries which contribute over 70% of the world’s greenhouse gas emissions adopted commitments consistent with the Paris Agreement and placed health at the centre of their climate policies, then by 2040 they could see an annual reduction of 1·6 million air pollution-related deaths, 6·4 million diet-related deaths, and 2·1 million physical inactivity-related deaths.As with the virus, so with climate: we have agency. Just as we will get the environment we pay for, we will get the climate we work for. That is why the government is right to be putting so much effort into securing the right outcome at COP26 later this year. And why, with the right response, we can keep the weather wolf at bay. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, air pollution, climate change, coronavirus, environment, Government, greenhouse gas emissions, Harvard, health, infrastructure, Investment, Paris, sustainable, UK, UK Government, World Health Organisationlast_img read more

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Boulder Faculty Assembly celebrates 9 award winners for outstanding achievements

first_img Excellence in Teaching and Pedagogy Winner: Ruben Donato Excellence in Research, Scholarly and Creative Work Winner: David Pyrooz Excellence Awards 2021 Photo Gallery Excellence in Leadership and Service Winner: Holly Barnard Excellence in Teaching and Pedagogy Winner: Heather Lewandowski Excellence in Research, Scholarly and Creative Work Winner: Jill Litt Excellence in Leadership and Service Winner: Seth Hornstein Excellence in Leadership and Service Winner: Bob Ferry The 2021 BFA Excellence Awards Ceremony was held on Tuesday, April 6, 2021 via Zoom. The nine Excellence Awardees were honored for their outstanding achievements by their CU Boulder colleagues. Chancellor Phil DiStefano and Provost Russell Moore were in attendance to congratulate this year’s awardees, along with department chairs, nominating committee members, as well as friends, families and BFA members. The Excellence Awards are made possible by the Office of the Chancellor and began in 1981. Chancellor DiStefano in fact showed attendees the plaque from his 1981 Excellence in Teaching Award noting that it was something he was very proud of to this day. Provost Moore agreed telling attendees “it’s always inspiring to see these awards and to recognize the wonderful contributions of all our faculty, but in particular, today during these trying times.” BFA Chair Bob Ferry gave attendees a short history of the awards, noting that in recent years, the BFA has made improvements to the selection criteria in order to recognize campus inclusive excellence priorities, and to ensure that smaller departments, without large nominating committees, are able to fairly compete in the process. He also thanked the nominating committees for all the work they put into the nomination packets, and the BFA members who served on the selection committees. The selection committee chairs introduced each awardee highlighting their achievements and why they were chosen. Photos were shared from the previous week, when awardees who were in town, came to pick up their plaques and gift bags, and pose for a photo on campus. The ceremony concluded with a toast to all the 2021 awardees. The BFA thanks everyone who attended the ceremony and for all they do to support faculty excellence at CU Boulder.  Excellence in Teaching and Pedagogy Winner: Raul Saucedo Excellence in Research, Scholarly and Creative Work Winner: Ruth Ellen Kocher last_img read more

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“Living in the Universe” Celebrated at Madrigal Tasting Salon and Gallery…

first_img Linkedin Home Industry News Releases “Living in the Universe” Celebrated at Madrigal Tasting Salon and Gallery in…Industry News ReleasesWine Business“Living in the Universe” Celebrated at Madrigal Tasting Salon and Gallery in SausalitoBy Press Release – October 8, 2019 139 0 Facebook Email TAGSMadrigal Family WineryWilliam Leidenthal AdvertisementWinery Continues Bay Area California Artist SeriesOctober 8, Sausalito, CA –Madrigal Family Winery Tasting Salon & Gallery in Sausalito hosts the 34th artist reception in its Art and Wine series on Thursday, November 7th, featuring the work of local professional Marin County Artist, William Leidenthal. The opening reception is from 5:30-7:30pm and features the “Living in the Universe” artwork. The installation will be on exhibit in the Madrigal Salon from October 24th through December 18th.William Leidenthal Artist Statement 2018Where were you when you first thought yourself standing on the Earth?I make paintings about the Earth, our living planet. My paintings are not pictures of the world. They are icons, metaphors, and symbols for physics, Biology, Astronomy, Chemistry, Ecology, Geology, etc.I never start work from any picture or idea of a particular landscape, or any know place. Each painting grows, evolving and creating its own unique space as I manipulate a constantly revised landscape iconography. The paintings become their own reality – a place of paint, representing a larger existence that has no limit and cannot be fully experienced.“Form is emptiness. Emptiness is form.”To express this paradox of form and emptiness, my painting is most satisfying to me when the work manifests an ambiguity between the abstraction of materials and an image of our environment. I am fascinated with the human ability (even compulsion) to see concrete images in natural abstract patterns (“pareidolia”). I try to paint in that space between the known and the unknown. How does one create a visual document about the existence of phenomena that cannot be seen and is not known?This challenge has become my path as a painter. I never start work from any picture or idea of a particular landscape, any known place. Each painting ‘grows’ without preconception, evolving and creating it’s own unique space as I manipulate a constantly revised landscape iconography. The paintings become their own reality—a place of paint, representing a larger existence that has no definition and cannot be directly experienced.There is a universe of distance and tension between what exists and what humans can know about Existence. My paintings are signs acknowledging that enigma. Our beliefs about the Truth of the Real World are really just so many stories. And everyone has a story. These paintings are my story.William Leidenthal is an artist and painter living in the San Francisco Bay Area. William grew up in Palo Alto, California, in the 1950s and 60s. His primary artistic genre is “abstract landscape” oil painting. William has been showing his paintings, drawings, etchings, and other art works throughout the United States—from New York to Los Angeles, Honolulu to Miami—since 1979.He received a Master of Fine Arts in painting in 1987 from East Carolina University, Greenville, North Carolina and a Bachelor of Arts (with Highest Honors) in Liberal Studies, 1984, University of Hawaii at Hilo.www.leidenthal.comEntrance to the Madrigal art and wine event is complimentary. RSVP to Patricia Gatti [email protected] Madrigal Sausalito Tasting Salon & Gallery is open from 12-7pm Thursday through Monday. For information, contact Patricia at (415) 729-9549 or [email protected] Madrigal Family WineryLocated on Highway 29, halfway between Calistoga and St. Helena in the renowned Napa Valley, the Madrigal Family Winery continues the family tradition of viticultural leadership and wine production. Since the 1930s, the family has been building its reputation and earning recognition for their vineyard management program as well as their wines. Situated on 40 acres of estate vineyards, the state of the art Madrigal Winery specializes in Cabernet Sauvignon, Petite Sirah, Zinfandel, Sauvignon Blanc, and small lots of single vineyard and estate wines. Today, Madrigal Family Winery is run by Chris Madrigal, the family’s 3rd generation.Advertisement Share Pinterest ReddIt Twitter Previous articleLeading Wine Auction House Acker Partners with CellArtNext articleAfternoon Brief: October 8 Press Releaselast_img read more

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Betz Family Winery Announces It Will Not Release a 2020 Vintage

first_imgHome Industry News Releases Betz Family Winery Announces It Will Not Release a 2020 VintageIndustry News ReleasesWine BusinessBetz Family Winery Announces It Will Not Release a 2020 VintageBy Press Release – June 8, 2021 463 0 Facebook AdvertisementWashington – June 8, 2021 – Washington’s Betz Family Winery announced today that it would not be releasing a 2020 vintage due to smoke taint caused by last year’s wildfires.  It also announced its sister winery in Oregon, SUNU Wines, would not be releasing a 2020 vintage either.  “Through rigorous sensory evaluation our team has identified varying levels of smoke taint in our 2020 wines,” said Betz Family’s owners, Steve and Bridgit Griessel.   “We later confirmed that analysis through extensive laboratory testing as well.  While the intensity varied from vineyard to vineyard and barrel to barrel, ultimately all lots showed some impact.”“As you can imagine, this was an absolutely brutal decision,” the Griessels said.  “Our team has been hopeful since harvest that certain lots might be salvageable, but after countless hours of evaluation, we believed this was our only option.  The idea that we would release any wine that we had reservations about, or that a wine we released might start to develop deepening smoke taint indicators post-bottling, was something we just couldn’t stomach.  In the end, our commitment to quality is paramount and something we cannot compromise.”2020 was a challenging year for West Coast winemakers as fires raged through California, Oregon, and Washington, blanketing many vineyards with smoke and ash. This created the danger of “smoke taint,” an infrequent but severe hazard for fine wine grapes that can lead to a wide spectrum of sensory effects: ashy/smoky aromas, disrupted/masked flavors, or harsh, austere textures. These flaws can range from barely perceptible to severely off-putting and can stay latent in barrel or bottle for months, sometimes even years, before revealing their full impact. Not much is known about the exact mechanisms of smoke taint.  Researchers at both WSU and UC Davis are working hand-in-hand with wineries and growers to learn more about how smoke taint develops, what can be done to protect vineyards that might be exposed to wildfire particulates, and how to mitigate the damage once the exposure has happened.  Currently, there is no insurance available for damage or loss due to smoke/ash exposure in wine.  Wineries and growers bear the full brunt of the financial impact, a very difficult proposition for small producers, many of whom are currently wrestling with the impact of the 2020 fires.For more information, please contact Bridgit Griessel at: [email protected] About Betz Family WinerySince our first vintage in 1997 we’ve had a single-minded goal of crafting wines with individual purpose and character, and which showcase Washington as a distinguished wine region of the world. By carving out specific vineyard blocks and being meticulous in the vineyard and cellar we are able to achieve the quality we aspire to. As importantly over the years, our winery culture has become a way of life in which everyone – our growers, winery team, and customers are family. Today, Betz Family Winery is headed by our two families, both committed to be true to our heritage, our family members, and to what Betz winery embodies: wines of dimension and pleasure, wines that allow the character of Washington to shine through. They are a blend of the best elements of the new and the old worlds; full ripe fruit and yet structured for longevity. We believe our best wines are yet to come.Advertisement Share Twitter ReddIt Linkedin Pinterest TAGSBetz Family Winery Previous articleDigitally Native Winery Winc Acquires Natural Merchants Assets Next articleTurning the Tables on Alder Yarrow Press Release Emaillast_img read more

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Your Column Here – Short-term Rentals: A Tale of Two Cities

first_imgHomeOpinionColumnsYour Column Here – Short-term Rentals: A Tale of Two Cities Sep. 21, 2019 at 6:00 amColumnsFeaturedNewsYour Column HereYour Column Here – Short-term Rentals: A Tale of Two CitiesGuest Author2 years agoairbnbhome-sharingrentSanta Monica City Council By Robin NydesIt was the best of times, it was the worst of times. A true story in two acts.Act One: Around 8 p.m. after a recent neighborhood meeting. An elderly woman (let’s call her Sarah) comes forward to share her story. She says she owns a three bedroom, ranch style house north of Wilshire:“This city is killing me,” she says in strained tones. “I used to rent my house a few weeks a year to some nice families, then go and stay with my son in Sacramento. That would help me pay the bills as it’s so expensive to live here. Now, because I can’t set up to do “home sharing” where I would stay on a separate floor, I have to sell. How does that help solve the housing crisis?”Act Two: Around 1 a.m on the eve of the September 10th meeting of the Santa Monica City Council. A woman (let’s call her Nancy) comes forward to protest a new stricter ordinance.“I’m an AirBnb “Superhost” with over 600 five star reviews.” She explains. “I have 2 bedrooms that I host as a bed & breakfast… I rent those rooms out to different people. Your new rules will cut my income in half.”The Council asks a couple of questions, is sympathetic to Nancy’s B&B and agrees on the spot to amend the ordinance and allow up to two groups to be booked at a time in the 2 bedroom unit.Nancy, the AirBnB Superhost, walks away happy. But Sarah, the elderly home owner struggling to make ends meet, feels forced to sell up and leave Santa Monica.What’s behind these different outcomes? The elderly woman only feels able to rent her home empty, rather than be present in the home on the few weeks a year she would rent to paying guests. But the City has said empty home rentals are illegal. By contrast, the AirBnb Superhost mentioned that she was a widow, her children were grown and had moved out. Those facts combined with the layout of her home and her own comfort being in the house with strangers has enabled her to turn her home into a successful, 600+ reviewed, busy Bed and Breakfast operation, fully supported by the City.Let’s step back for a moment to look at the City Council’s stated objectives with regards to neighborhoods. They are to:Preserve the quality, character & charmPreserve quietude, cultural, ethnic & economic diversityValue cohesivenessLimit density of structures, people and traffic, except where needed to alleviate the housing crisis, especially low income housingTheir guiding principal, as stated by Code Enforcement in their September 10th memo to the Council, is:“…to strike a balance: allowing residents to supplement their income through home-sharing and providing home-share visitors with more affordable accommodations, while deterring landlords from evading rent control laws, evicting tenants and converting residential units in to de facto hostels or hotels, thus removing needed permanent housing from the market, while at the same time changing the character of and undermining community ties in residential neighborhoods.”With the above in mind, let’s compare Sarah’s situation (if she were permitted to rent her ranch style home for a few weeks a year, which today is illegal) & Nancy’s AirBnb situation (supported by the Council) and how each would impact their respective neighborhoods.Sarah would rent to between 3 and 5 groups per year at her ranch style home. Nancy would rent to up to 730 groups (1 group per bedroom, year round) in her two bed B&B.Sarah would rent for between 21 and 35 days a year. Nancy would rent for 365 days per year, if she could.Sarah’s renters are typically families or couples looking for a place to vacation. Nancy’s renters are typically singles or couples seeking cheaper accommodation.Sarah moves out of her ranch style home when her renters move in, creating a minimal increase in human density, and little to no increase in traffic density. Nancy, who stays in her B&B and entertains two sets of renters simultaneously, more than doubles both human and traffic density.Both women are trying to make ends meet in our increasingly expensive city. However Sarah’s situation, currently illegal, aligns much more closely with the Council’s stated objectives, concerns and principals than Nancy’s Bed & Breakfast.So why is it Sarah feels shut out of the gig economy and is forced to sell, but Nancy is a gig economy winner who has the council’s support? As mentioned above, the wrinkle here is that Nancy is happy to stay in her home as a host, while Sarah cannot.“Home Sharing” ordinances were driven by the City Council’s desire to stop the “bad guys” from converting apartments and single family homes to virtual hotels and hostels rented 365 days per year, removing housing stock from an already tight market and evading hotel type taxes. But what the Council doesn’t realize they’re doing in the process is creating a blatantly unfair playing field, providing an impetus to accelerate conversion of homes to B&B’s for anyone who can do so (Nancy mentioned she has 4 friends now doing the same), while harming a much larger segment of the population who, like Sarah, don’t want to, or can’t convert their homes to B&B’s, perhaps because they have young children in the house or are caring for an elderly parent. Sarah’s situation is like many in Santa Monica, they live in their homes most of the year and simply want the chance to supplement their income a few weeks per year so they can survive in an increasingly expensive city.There is a better, fairer, smarter way. Restricted Short-term Rentals (“RSR”), vacant homes available to rent on a restricted basis. Restriction is the key to stopping short term rental abuses while allowing people like Sarah to supplement their income. Some examples of restrictions might be: homes can only be rented by persons, not companies; homeowners must have been resident in Santa Monica for a minimum of a year to qualify; they must prove physical residence in the home for a majority of the year (7+ months per year): RSR’s can only be offered up to a maximum of 4 months per year; no more than one group booked at the same time, and/or a limited bed count; complaints by neighbors about behavior of tenants may result in fines & the loss of an RSR permit. In summary, there are many ways this can be achieved & controlled.In addition to levelling the playing field between B&B and non-B&B home owners, this should help everyone financially, including the City of Santa Monica Treasurer. The principal renters of rooms via home shares are singles and some couples. Most families searching for a vacation rental, and most couples who can afford it, desire and pay a premium for “the entire house”, not home share, B&B style rooms. Home shares are always discounted versus empty rentals. So the current ordinance puts Santa Monica residents, and the city treasurer, at a disadvantage versus Venice, Brentwood, Pacific Palisades and Malibu. (The proof is in the pudding. As I wrote this I opened AirBnb for Venice listings. Of the eighteen listings on page one, all eighteen were for “the Entire House.” Private home rentals is where the money is.)It’s time to end this tale of two cities and create a level playing field for all Santa Monicans. To keep the “bad guys” out, maintain the housing stock and character of this beautiful city we love, while recognizing that evolution and innovation in our economy offer ways for many different types of local residents to survive and make ends meet. Sarah, our 70 year old homeowner who is uncomfortable operating a B&B, is not the bad guy. In fact, allowing Sarah to share in the gig economy like Nancy, to do some type of short term restricted rental, might just be the lifeline she needs to not sell, to keep her here, to preserve the cohesiveness and diversity of our neighborhoods and act as a brake on the gentrification that results from increased costs of living, and as a bonus, brings in additional revenue to the city treasurer.I believe that’s what you call “Win, win.”Robin Nydes is the Coordinator of Santa Monica Resident Owners Association, [email protected] :airbnbhome-sharingrentSanta Monica City Councilshare on Facebookshare on Twitteradd a commentSanta Monica Bay Audubon Society Bird WalksSuspicious package temporarily closes Downtown intersectionYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall7 hours agoColumnsOpinionYour Column HereBring Back Library ServicesGuest Author13 hours agoNewsCouncil picks new City ManagerBrennon Dixson18 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter18 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor18 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press18 hours agolast_img read more

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America Movil sees movement on El Salvador deal

first_img Kavit Majithia Luz verde a la fusión entre Telefónica y Liberty Global en el Reino Unido Author Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Related America MovilClaroTelefonica Previous ArticleZTE Helps China Mobile Build a Premium 5G Network with Intelligent DeliveryNext ArticleMTN promotes CFO Mupita to CEO role AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore4 19 AUG 2020 center_img Home America Movil sees movement on El Salvador deal America Movil reportedly received a boost as El Salvador’s antitrust authority said it would clear its local unit Claro’s proposed acquisition of Telefonica’s two business units in the country, subject to competition and consumer conditions.El Salvador’s superintendent of competition said in a statement seen by Reuters the proposed acquisition, worth $315 million, could generate “limits on competition”, as it set out some conditions Claro must meet before it is fully cleared.Claro will be required to rule out future use of spectrum currently used by Movistar, until it is certified. Claro will also be required to keep all marketing strategies developed by Movistar for seven years, although it will be allowed to update pricing plans.Delayed dealAmerica Movil’s Claro announced a deal in January 2019 to acquire Telefonica’s Movistar entity, which operates Telefonica Moviles El Salvador and Telefonica Multiservicios.However, the deal has been delayed by regulatory issues. In September 2019, the country’s competition authority threw out America Movil’s application to complete the acquisition for not providing all the required infor­mation.At the time, it had only conducted a preliminary assessment of whether all the information had been provided, and it was unable to move on to the second stage of assessing the impact of the transaction on competition and consumer welfare.In a filing, America Movil said it was assessing the conditions. Subscribe to our daily newsletter Back Telefonica bolsters blockchain security Español Tags Telefónica refuerza la seguridad de las cadenas de bloqueslast_img read more

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