American business – Priscillas Friends http://priscillasfriends.org/ Tue, 22 Nov 2022 15:11:53 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://priscillasfriends.org/wp-content/uploads/2021/06/cropped-icon-32x32.png American business – Priscillas Friends http://priscillasfriends.org/ 32 32 Visa partners with fintech to improve international payments for small businesses | PaymentsSource https://priscillasfriends.org/visa-partners-with-fintech-to-improve-international-payments-for-small-businesses-paymentssource/ Tue, 22 Nov 2022 15:00:00 +0000 https://priscillasfriends.org/visa-partners-with-fintech-to-improve-international-payments-for-small-businesses-paymentssource/ Thunes, a Singapore-based fintech, insists that it is not enough to find customers and suppliers to sell internationally. It is therefore working with Visa to expand into digital wallets in multiple markets. The partnership covers both consumer transfers and small business payments. Streamlining international connections between banks, consumers and merchants has become a priority for […]]]>

Thunes, a Singapore-based fintech, insists that it is not enough to find customers and suppliers to sell internationally. It is therefore working with Visa to expand into digital wallets in multiple markets.

The partnership covers both consumer transfers and small business payments. Streamlining international connections between banks, consumers and merchants has become a priority for payment companies, especially as more and more small businesses seek international suppliers and customers.

“There is much more to remittances,” said Peter De Caluwe, CEO of Thunes. “Managing a plethora of API integrations, connections, and algorithms and integrating them into an ecosystem can be a challenge for even the most robust global players.”

Thunes CEO Peter De Caluwe has partnered with Visa to strengthen cross-border payments technology.

Small businesses can use the two companies’ combined payment technology to speed up payments to suppliers and remote workers, as well as bring in more international suppliers and staff, De Caluwe said.

Thunes attempts to bring a remittance-like experience to supply chain and consumer-to-business transactions. The company’s B2B payment platform has connected to the Visa Direct real-time rail, adding a cross-border digital payment option for 78 wallet providers. The integration is aimed at money transfer operators, neobanks, financial institutions and governments trying to offer small businesses and consumers the ability to send funds to different countries, primarily in emerging markets from Asia, Africa and Latin America.

In these markets, which often lack a traditional financial services system, digital wallets are the primary means of accessing financial services. The Visa/Thunes collaboration is designed to promote financial inclusion by enabling access to digital wallets without an existing bank card.

The partnership expands Visa Direct’s reach from approximately 5.5 billion terminals to 7 billion. Visa Direct also supports automated clearinghouse payments, a dozen real-time networks, and an array of international payment gateways.

“It doesn’t matter if there are five or seven parties in a transaction,” said Ruben Salazar Genovez, global head of Visa Direct, adding that the Thunes collaboration opens up 1.5 billion additional endpoints for payments in 78 country. “Everyone understands the role we play. The user experience is similar to Mexico or India or wherever else the small business wants to sell.”

Visa, which has focused on creating revenue streams that are not directly related to card fees at the point of sale, can use the Thunes partnership to expand both users and use cases for small merchants who want to sell or send funds across countries.

For example, small farms in countries like Bangladesh can use the system to make payments, or professionals in London or another city in a developed market can send funds to family members in other country, said Salazar Genovez.

Both Visa and MasterCard have made acquisitions in recent years that allow them to expand their cross-border payments networks and underlying technology. Visa Direct has become one of Visa’s main tools to expand its role in processing payments faster

“The most important competitive advantage of any network is the reach and the data you provide to both parties in the transaction,” said Salazar Genovez.

The collaboration between Visa and Thunes is the latest in a series of efforts by technology companies to eliminate intermediaries such as correspondent banks from cross-border payments. Ripple has been using its blockchain technology for years to allow cross-border transactions to bypass correspondent banks, and thus the time and fees that correspondent banks require to handle currency conversions. Other companies like Flywire also partner with banks to expedite these transactions.

Thunes is using cloud technology to fill what it sees as gaps in correspondent banking, creating a platform for emerging markets that connects disparate payment systems. The company also has a global network of mobile wallets, banks and fintechs that create payment rails to reduce the need for dedicated parties to handle international payment processing.

“This partnership can help engage more people around the world in the global digital economy,” De Caluwe said.

The size of the two companies can also remove the need for other parties to handle payment processing tasks in local jurisdictions. This might appeal to traders looking for more certainty as they expand into international markets.

“For small and medium-sized user companies, it’s about having predictability of the amount they are going to have to pay,” said Enrico Camerinelli, strategic advisor at Aite-Novarica.

Eighty-two percent of small businesses in the United States, for example, plan to expand into new markets in 2023, with 51% planning to expand outside the United States, according to research by Air Wallex. AirWallex also reported that 36% of companies cite new partnerships as key to expansion, while 36% also said identifying new vendors was key.

“Visa provides a network that is also very granular and can reach even smaller businesses,” Camerinelli said.

]]>
American Express Customers Complain About Multiple Issues, Company Says System Restored https://priscillasfriends.org/american-express-customers-complain-about-multiple-issues-company-says-system-restored/ Sat, 19 Nov 2022 02:58:31 +0000 https://priscillasfriends.org/american-express-customers-complain-about-multiple-issues-company-says-system-restored/ Christopher Rufo, a senior fellow at the Manhattan Institute, says American Express’ revival policies are “racial” and “fundamentally racist.” American Express said that some card members were “experienced intermittent disruptions” with their credit cards on Friday night after numerous cardholders complained on social media. “We are aware that some cardholders are experiencing intermittent disruptions when […]]]>

American Express said that some card members were “experienced intermittent disruptions” with their credit cards on Friday night after numerous cardholders complained on social media.

“We are aware that some cardholders are experiencing intermittent disruptions when using their cards at merchant locations, online and at ATMs,” American Express told Fox News Digital in a statement.

At 10 p.m. ET, the company told Fox News Digital that the system had been “restored, but customers may experience persistent issues and longer than usual wait times to speak with a customer service professional.” We apologize to our customers for any inconvenience.

He continued, “They may also experience longer than usual wait times to speak to a customer service professional. We are working to resolve the issue. We apologize for any inconvenience.”

CREDIT CARD BALANCES SHOW BIGGEST ANNUAL BOND IN OVER 20 YEARS

American Express said some customers (Mike Coppola/Getty Images for American Express/Getty Images)

Customers on social media said their cards were declined and customer service reps didn’t answer the phone.

INFLATION LEADS MORE THAN HALF OF GEN Z TO LIVE WITH THEIR PARENTS

“[I]s Amex Down! ? card not working, customer service not working, website giving errors,” one Twitter user wrote while another said, “My @AmericanExpress randomly declines and no one picks up the phones and no chat reps are available lolz.”

A third said, “Yuck, @AmericanExpress is like, completely down. I can’t see pending charges or available credit, they’re not picking up phones and people are being turned away.

CLICK HERE TO GET THE FOX NEWS APP

It was unclear how widespread the problem was.

]]>
Online Same-Day Loans| No Credit Checked https://priscillasfriends.org/online-same-day-loans-no-credit-checked/ Thu, 17 Nov 2022 14:43:59 +0000 https://priscillasfriends.org/?p=4741 Online Same-Day Loans| No Credit CheckedIf you are in need of financial assistance to handle unplanned expenditures, you may be eligible for emergency loans, which can give you with the quick money you require. The best short-term loans for emergencies allow you access to quick cash when you suddenly need it by giving funds the same day or the following […]]]> Online Same-Day Loans| No Credit Checked

If you are in need of financial assistance to handle unplanned expenditures, you may be eligible for emergency loans, which can give you with the quick money you require. The best short-term loans for emergencies allow you access to quick cash when you suddenly need it by giving funds the same day or the following day go to Payday Pot and try for free.

Can I get a loan for emergency costs on the same day?

It is true that there is a large number of resources, both online and offline, that may assist individuals in locating emergency loans that can be disbursed on the same day that they apply for the loan. Examine all of the relevant information that your potential lenders will need to determine the following:

whether or not the qualifications they require for applicants are met by you.

  • If they are willing to lend you the money that you need.
  • Whether or whether they imposed an origination fee (often deducted from the loan amount)
  • In the event that they allow you to use the loan for an emergency situation.
  • If they offer short-term loans with funding on the same day, emergency loans.

Before you send in your application for a same-day loan, make sure that it contains all of the necessary information and that it is complete. It’s possible that a missing number or another issue will cause a holdup in your approval.

For a same-day loan, what credit score am I need to have?

The minimal credit score required for an emergency loan will be determined by the lending institution. Some lenders have rules that are more severe than others, or they may be willing to negotiate a lower maximum payment with a borrower who has a low credit score.

Although the majority of lenders who provide emergency loans have a minimum score criterion of 560, there are certain lenders who may approve you with a lower score or who set a level that is even higher.

If you have poor credit, you should prepare yourself to pay a greater interest rate than a borrower who has strong credit.

Can I get a loan the same day without my credit being checked?

Borrowers should avoid authorizing the major credit bureaus to do an excessive number of thorough credit checks because doing so can have a negative impact on their credit rating. When determining whether or not a borrower is eligible for a loan, many financial institutions conduct credit checks using the method described here. Always be sure to read the fine print on a website before submitting an application so you know what kind of credit check will be run and when it will take place.

There is a good chance that even lenders who don’t conduct rigorous credit checks will require at least a mild credit check. The borrower’s credit rating will not be affected in any way by this kind of examination. Loans for those with poor credit may be made available specifically through alternative lending methods that do not include rigorous credit checks.

If I don’t have a job, can I still get a same-day loan?

If you do not have a consistent source of income, it is quite unlikely that you will be eligible for an emergency loan. Your only other option will be to borrow money from a friend or family member. Some creditors require that debtors be employed, while others are willing to accept alternative sources of revenue, such as Social Security or disability payments.

Even if the potential lender does not need you to have a job or another source of income, you should still avoid asking for a personal loan if you do not have one. These emergency funds could prove useful in the immediate future, but in the long run, using them will only result in increased debt and more challenges.

]]>
Griffin-American Healthcare REIT funds merge to become American Healthcare REIT https://priscillasfriends.org/griffin-american-healthcare-reit-funds-merge-to-become-american-healthcare-reit/ Wed, 16 Nov 2022 05:04:52 +0000 https://priscillasfriends.org/griffin-american-healthcare-reit-funds-merge-to-become-american-healthcare-reit/ Griffin-American Healthcare REIT III Inc. and Griffin-American Healthcare REIT IV became a single entity on Oct. 1, the real estate investment trust reiterated this week in its quarterly report at the Securities and Exchange Commission. The transaction created a $4.2 billion self-managed, diversified healthcare REIT, now called American Healthcare REIT Inc. “We are delighted to […]]]>

Griffin-American Healthcare REIT III Inc. and Griffin-American Healthcare REIT IV became a single entity on Oct. 1, the real estate investment trust reiterated this week in its quarterly report at the Securities and Exchange Commission. The transaction created a $4.2 billion self-managed, diversified healthcare REIT, now called American Healthcare REIT Inc.

“We are delighted to have completed this merger and are excited about the future prospects of American Healthcare REIT,” said Danny Prosky, CEO and Chairman, in an October 1 statement. statement. “As a large, diversified, self-managed healthcare REIT, we believe we are strategically positioned to pursue a future listing or [initial public offering] on a national stock exchange that would provide liquidity to our existing shareholders and unlock greater opportunities for growth and value enhancement as a publicly traded company.

Alongside the merger, the previously announced acquisition of American Healthcare Investors, the co-sponsor of the two REITs, was completed. Also on October 1, GAHR III acquired a newly formed entity, American Healthcare Opps Holdings LLC, or NewCo, which the REIT calls the acquisition of AHI. The acquisition of AHI has been treated as a business combination for accounting purposes, with GAHR III being both the legal and accounting acquirer of NewCo.

American Healthcare REIT conducts substantially all of the operations through its operating partnership. Since the merger and acquisition of AHI, the REIT is self-managed and is no longer externally advised.

The REIT operates through six business segments: Integrated Senior Health Campuses, Skilled Nursing Facilities, Senior Housing – Leased, Senior Housing Operating Portfolio, Medical Office Buildings and Hospitals. As of September 30, the company owned and/or operated 312 integrated seniors health buildings and campuses, representing approximately 19.4 million square feet of gross leasable area, for an aggregate contract purchase price of $4.5 million. dollars, including the fair value of properties acquired. in the merger. Additionally, as of September 30, the REIT also owned a debt-related real estate investment purchased for $60.4 million.

Read more Business Daily news here.

]]>
First NFL regular season game in Germany; German links to the giants https://priscillasfriends.org/first-nfl-regular-season-game-in-germany-german-links-to-the-giants/ Sat, 12 Nov 2022 17:00:00 +0000 https://priscillasfriends.org/first-nfl-regular-season-game-in-germany-german-links-to-the-giants/ The NFL aims to present to the world not only American football, but also American professional football. This year’s international series will play three games in London, England, one in Germany and another in Mexico City. Over the course of four years, this series will find Frankfurt and Munich, Germany, hosts to the first two […]]]>

The NFL aims to present to the world not only American football, but also American professional football.

This year’s international series will play three games in London, England, one in Germany and another in Mexico City.

Over the course of four years, this series will find Frankfurt and Munich, Germany, hosts to the first two regular season games played in Europe. The NFL wants to continue bringing the game of American football to other countries, which in turn will boost the image of the host city.

What is unique about these games is that they are regular season games instead of pre-season exhibition games. The fact that these matches will count speeds up the competition a bit.

The NFL and Germany

The American professional is no stranger to playing games outside of the 50 states. The first was in November 1926 when the New York Yankees played the Los Angeles Wildcats in Toronto. Both clubs were members of the American Football League, commonly referred to as AFL1.

The first NFL team to play somewhere outside of the continental United States was a preseason game between the New York Football Giants and the Ottawa Rough Riders in August 1950 which was played at Landsdowne Park in Ottawa, Canada.

Over the decades, the NFL has played games in England, Canada, Japan, Mexico, Sweden, Spain, Ireland, Australia, West Germany and China. England hosted the most contests with 39 followed by Canada’s 16.

For Germany, this country has been the recipient of five NFL contests. However, each has been an exhibition game. This year’s version will therefore be special since the result will count in the ranking.

This year’s event will be played Nov. 13 in Munich between the Tampa Bay Buccaneers and the Seattle Seahawks. The chosen venue is the Allianz Arena, home of FC Bayern Munich. This natural grass stadium opened in 2005 and can accommodate up to 75,000 people. It hosted the 2006 World Cup and is home to not only FC Bayern Munich but also the German national team.

FC Bayern Munich is a member of the German Football Association which plays under the same rules which are identical to the rest of Europe. European football is called “soccer” because it is the original sport and that is what it has always been called. In North America, this same sport is labeled “soccer”. American football was born out of rugby which grew out of football. All of these sports are called “soccer” in one form or another.

The first NFL game played in Germany was on August 11, 1990 between the Los Angeles Rams and Kansas City Chiefs at the Olympiastadion in West Berlin. The Rams won the preseason game 19-3. Originally, this competition was planned in Frankfurt, where the American commercial and military presence was much stronger. West Berlin’s population consisted more of young university students and older citizens and so the game was not as successful as expected.

Jim Everett was the quarterback for Los Angeles while on the other side of the Chiefs was Steve DeBerg.

Former Giants QB Mike Perez Pro Set Frankfurt Galaxy Football Card

That game in Berlin set up the league for bigger things to happen in Germany: NFL Europe.

Created as a developmental league played in the spring, the principle was to allocate the bottom third of each NFL club to a set number of teams and then allow more experience to be gained. It wasn’t a league that hired players who weren’t on an NFL team. Each player was a registered league player.

Originally called the “World League of American Football” (WLAF), it started with 10 franchises, three of which were located in Europe. One such team was Frankfurt Galaxy, the largest city in the German state of Hesse.

This league then transformed into NFL Europe, then NFL Europa.

German American Football Association

This league started in 1982 with its headquarters in Frankfurt. It began as the United States Soccer Federation in 1979, but was replaced by AFAG.

The game of American football in Germany can be attributed to the American and various military bases. The US military used to throw a soccer ball during slow times and eventually this led to organizing teams. The first league was called the American Football Bundesliga, which was later renamed the German Football League. Six founding clubs were formed.

This league had nominal support until NFL Europe placed the Galaxy in Frankfurt. This meant that fans of the sport could see real NFL players in live game situations.

The GFL has grown to 14 clubs in 2021 within two conferences coupled with two divisions each. A 10-game schedule is the norm as the top four teams in each conference advance to the playoffs. Their championship game is called the “German Bowl”. Last year’s contest was number XLII, which uses Roman numerals, just like the NFL.

There’s also a six-team GFL2 that sees that league’s champion face the eighth-place playoff team and hopefully be retired the following year.

WLAF/ NFL Europe/ NFL Europe

In 1991, the NFL did not want to start an agricultural system, but a development league. The NFL also wanted to globalize the sport.

But the WLAF wasn’t your typical league for developing talent that wasn’t on any NFL roster. This league would take the bottom third of each roster and form teams using players from different clubs so they could gain more professional football experience and hopefully grow.

This league was also a training ground for new rules, referees and assistant coaches who now ran their own rosters. Former Dallas general manager Tex Schramm served as chairman.

The WLAF began in 1991 in the spring after the NFL season ended. NFL clubs would allocate players to the WLAF through a draft after two weeks of tryouts in Orlando, Florida.

Three divisions formed that first year in 1991 with Barcelona, ​​Spain, London, England and Frankfurt, Germany all merged into one division. Frankfurt finished 7-3-0 and 3-7-0 those first two seasons.

The league was then placed on hiatus for two seasons. In 1995, all American and Canadian cities were jettisoned. The three European clubs were joined by three other cities in Europe including Amsterdam, Netherlands, Edinburgh, Scotland and another team located in Germany whose home was Düsseldorf and called Rhein Fire.

Now there were two German American football teams. In 1999, the Berlin Thunder replaced London as Germany’s third professional football team. The Barcelona team was replaced in 2004 by a fourth German city, the Cologne Centurions. Then in 2006, the Scottish club was replaced by another team located in Hamburg, Germany named the Sea Devils.

The league’s final year was 2007 with a name change to NFL Europa. There were now five German teams plus Amsterdam.

Europe Frankfurt Galaxy v Hamburg Sea Devils

Frankfurt competes with Hamburg. Notice the “NY” Giants logo on the running back
Photo by Alexander Heimann/Bongarts/Getty Images

The Galaxy debuted in 1991 and played their last game in 2007. During that span, the club played in eight World Bowls winning four. Notable head coaches were Jack Elway and Ernie Stautner.

Rhein Fire played 13 years in which they appeared in five World Bowls with two championships. The most famous head coach was Galen Hall. The Berlin Thunder ran nine seasons with four World Bowl appearances and three titles. Wes Chandler served as their head coach for a short stint.

The Cologne Centurions only played four seasons with their best record a third place finish. Hamburg Sea Devils only lasted three years but won the last World Bowl.

NFL Europe has succeeded in many ways. But the level of talent, despite being current NFL players, just doesn’t compare to the parent league that fans worked up to pretty quickly.

Too many missed passes, penalties, turnovers, overturned balls and missed tackles quickly became the hallmark of the league run by players trying to improve instead of making certain games a comedy of errors . For NFL owners, the league has been haemorrhaging money for the duration of its existence.

European fans were picky. And the fact that in its later years the league no longer represented Europe and was instead a German league, which caused fans to lose interest.

But Germany shone and embraced their American football cousins.

Giants vs Redskins

Dominique Hixon
Photo by Harry E. Walker/MCT/Tribune News Service via Getty Images

Giants born in Germany

WR Domenik Hixon – 2006-2007; born in Neunkirchen
WR Jamaar Taylor- 2004-2005; born in Giesen
CB Terry Kinard – 1983-1989; born in Bitburg
LB Ed Reynolds – 1992; born in Stuttgart
TD Markus Kuhn—2012-2015; born in Mannheim

]]>
The United States at the climate summit: the major American stages will not be repealed https://priscillasfriends.org/the-united-states-at-the-climate-summit-the-major-american-stages-will-not-be-repealed/ Wed, 09 Nov 2022 09:06:07 +0000 https://priscillasfriends.org/the-united-states-at-the-climate-summit-the-major-american-stages-will-not-be-repealed/ SHARM EL-SHEIKH, Egypt (AP) — U.S. President Joe Biden is attending international climate talks in Egypt this week with a message that historic U.S. action to address climate change will not be reversed, like this has happened twice before when the Democrats lost power. Current and former top Biden climate officials said the vast majority […]]]>

SHARM EL-SHEIKH, Egypt (AP) — U.S. President Joe Biden is attending international climate talks in Egypt this week with a message that historic U.S. action to address climate change will not be reversed, like this has happened twice before when the Democrats lost power.

Current and former top Biden climate officials said the vast majority of the summer’s $375 billion climate and health spending package — by far the biggest legislation passed by Congress to combat global warming – has been designed in a way that will make it difficult and unpleasant for future congresses or Republican presidents to reverse it.

Outside experts agree, but say other parts of Biden’s climate agenda may be blocked by a Republican Congress and the courts.

Twice in the 30-year history of climate negotiations, Democratic administrations have helped forge an international agreement, but when they lost the White House, their Republican successors pulled out of those pacts.

And after decades of US promises at past climate summits but little congressional action, the United States has real legislation to point to for the first time. The climate and health bill, known as the Cut Inflation Act, was passed without a single Republican vote, prompting some supporters to fear it won’t stand up to GOP attacks. whether the Republicans take control of the House or the Senate.

Then Tuesday’s elections were heldwith a very thin contest for congressional control.

The results aren’t quite out yet, but the Democrats have shown surprising strength. Sierra Club president Ramon Cruz at Wednesday’s climate summit claimed something of a victory, saying, “We’re seeing in a way that people in the United States actually understand and support climate action. “

If the Republicans take control of Congress, they won’t have a majority without a veto, and even if a Republican takes control of the White House in the next few years, the tax credits will be in place and will boost the industry, said Samantha Gross, head of climate and energy studies at the centrist Brookings Institution.

“There are a lot of tax credits and goodies that make it hard to repeal,” Gross said.

At the climate talks in Egypt, where Biden arrives on Friday, his climate special envoy John Kerry said, “Most of what we do can’t be changed by anybody else who comes to Washington because most of what we do is in the private sector. The market has made up its mind to do what we need to do.

It’s all by design, said Gina McCarthy, who until recently served as Biden’s home climate czar.

“About 70% of the benefits of the Cut Inflation Act are in (tax) credits that directly benefit” industries, McCarthy said in an interview with The Associated Press during the climate talks.

She said it will be difficult for Republicans to “change the dynamic” to significantly undermine the law. “It’s over, it’s beneficial. We have Republicans all over the country doing ribbon cutting. »

Studies show most of the money, new jobs, go to Republican states, said climate policy analyst Alden Meyer of think tank E3G. McCarthy and Kerry are “largely correct” in claiming the law cannot be overturned, he said, and Gross agreed.

Multiple analysts, inside and outside of government, have said the law would reduce U.S. emissions by 40% by 2030, compared to 2005 levels, which isn’t quite the answer. official US target of 50% to 52% reduction at that time.

But McCarthy says, wait, there’s more. She said upcoming but as-yet-unannounced regulations on carbon pollution and progress by private industries, states and cities will allow the United States to meet and even exceed that target, something experts said. exteriors are much more skeptical.

Republicans are likely to push for a big increase in scrutiny of Biden administration policies, including incentives for electric vehicles and loans for clean energy projects such as battery makers, wind farms and solar energy and the production of “clean” hydrogen.

“Republicans are looking for the next Solyndra,” said Joseph Brazauskas, a former Trump-era Environmental Protection Agency official, referring to a California solar company that went bankrupt shortly after receiving more $500 million in federal aid under the Obama administration.

“Congressional oversight is certain to increase significantly” under a GOP-led House or Senate, said Brazauskas, who headed the Trump EPA’s Congressional Relations Office and is now the law firm’s director. Bracewell LLP.

Republicans support many of the tax credits approved under the Climate Act. But they complain Biden is moving too fast to replace gasoline-powered cars with electric vehicles and say he hasn’t done enough to counter China’s influence in the renewable energy supply chain.

Republicans are also likely to investigate the EPA’s actions on climate change, air quality and wetlands, citing a Supreme Court ruling last summer that limited the authority of the EPA. EPA to fight climate change, Brazauskas said. The decision, known as West Virginia v. EPA, “really opened a window for regulatory review at the agency,” he said.

Democrats say they learned important lessons from the Solyndra episode and do not intend to repeat past mistakes. The loan program that helped Solyndra turned a profit and generates about $500 million in interest revenue for the federal government each year.

Even with a Democratic Congress, the Biden administration could not significantly increase climate aid to poor countries. In 2009, the world’s rich nations pledged $100 billion a year to help poorer nations switch to green energy sources and adapt to a warmer world. They didn’t fulfill that promisethe United States giving much less than Europe.

This money does not include the hottest topic of the Egyptian climate talks: loss and damage, i.e. reparations for climate-related disasters. The United States is historically the 1st carbon polluterwhile poorer nations with low carbon emissions bear the brunt of climate disasters, such as Pakistan, where devastating floods submerged a third of the nation and displaced millions of people.

Dozens of protesters called for reparations during a demonstration on Wednesday.

“I think the regulatory agenda is tougher and the international climate finance landscape will be very, very bleak,” Meyer said.

The US government has also released a new draft report on the effects of climate change on America, determining that over the past 50 years the US has warmed 68% faster than the planet as a whole. Since 1970, the continental United States has experienced a warming of 2.5 degrees Fahrenheit, well above the global average, according to a draft of the National Climate Assessment, which is the government’s final report. American on the effects of climate change and represents a range of federal agencies.

The changes in the United States reflect a larger global pattern in which land areas and higher latitudes are warming faster than the ocean and lower latitudes, the report said.

The effects of human-induced climate change on the United States “are already significant and worsening,” the draft report says, but each additional amount of warming that can be avoided or delayed will reduce harmful impacts.

The congressional-mandated assessment was last released under the Trump administration in 2018, and the Biden administration released a draft of the new version this week, seeking public comment and peer review. The final report is expected next year.

Risks from accelerating temperatures and precipitation, sea level rise, climate-fueled extreme weather and other impacts increase as the planet warms, the report says.

“The things Americans value most are at risk,” the report said.

___

Daly reported from Washington.

]]>
McCarthy privately floats to replace House leadership https://priscillasfriends.org/mccarthy-privately-floats-to-replace-house-leadership/ Wed, 02 Nov 2022 23:05:35 +0000 https://priscillasfriends.org/mccarthy-privately-floats-to-replace-house-leadership/ Photos: Roy Rochlin, Patrick T. Fallon/AFP via Getty Images House GOP Leader Kevin McCarthy told U.S. Chamber of Commerce board members and heads of state that the organization must undertake a complete leadership change and replace the current president and CEO Suzanne Clark, Axios learned. Why is this important: McCarthy’s direct conversations make it clear […]]]>

Photos: Roy Rochlin, Patrick T. Fallon/AFP via Getty Images

House GOP Leader Kevin McCarthy told U.S. Chamber of Commerce board members and heads of state that the organization must undertake a complete leadership change and replace the current president and CEO Suzanne Clark, Axios learned.

Why is this important: McCarthy’s direct conversations make it clear that he will not work with Clark and his leadership team if the Republicans take control and he becomes Speaker of the House.

  • But it charts a potential path for the business group to reestablish a relationship with the GOP conference.

What they say : Mark Ordan, chairman of the board, told Axios that Clark continues to have the “full support” of the executive committee.

  • “The United States Chamber of Commerce team plays a vital role in the day-to-day defense of American businesses,” he said. “We serve our members, not a political party.”
  • “Staying true to this mission requires a smart, savvy and vigorous leader like our CEO Suzanne Clark,” he said. “It is for this reason that our governing body, the Executive Committee of the Board, is unequivocally enthusiastic about Suzanne’s performance and the importance of her continued tenure as CEO of the United States House. United. She has our full support.”

What we mean: Republican Arizona Gov. Doug Ducey has privately expressed interest in the job.

The big picture: McCarthy’s conversations with House board members, essentially undermining Clark, mark a further escalation in the open conflict between House GOP leaders and the House.

  • The dispute stems from an August 2020 decision by the chamber, once seen as a functional campaign appendage of the Republican Party, to approve the reelection of 23 Democratic freshmen. Fifteen of those lawmakers won, putting the presidency beyond McCarthy’s reach at the time.
  • He seems to have definitely soured the relationship. Other Republicans have criticized what they see as the group’s progressive turn pro-business.
  • “You see the United States House endorsing a lot of these Democrats who voted for this whole anti-corporate policy,” said Steve Scalise, the House Minority Whip. said on a radio show in Arizona last monthreferencing some of President Biden’s signature laws.
  • “I’m a pro-business guy. I thought you represented all small businesses across America,” Scalise said. “Unfortunately they kind of got away from that. We’re trying to get them back to their roots.”

“Republicans across the country having run on issues, such as crime and inflation, that matter to the business community,” a House spokesperson said. “A Republican president and majority will be an important check and balance to the excesses we have seen from the left. We look forward to working with leaders and the upcoming Congress.”

Go further: Conservative Republicans have worked to undermine the chamber, with the House Republican Review Committee bolstering lobbying of a potential competing company group, the American Free Enterprise Chamber of Commerce, to a formal meeting in June.

  • At the meeting, RSC Chairman Jim Banks (R-Ind.), who is close to McCarthy, said he was “increasingly frustrated with the American Chamber of Commerce for backing woke policies and enriched China,” Axios reported.

Between the lines: The United States Chamber of Commerce maintained a better relationship with Senate Republicans. Minority Leader Mitch McConnell (R-Ky.) speaking to the group in September, expressed private optimism that the GOP can regain control of the Senate.

  • In September, the chamber endorsed Republican Mehmet Oz in his race for the Pennsylvania Senate after earlier lead 3 million at the McConnell-aligned Senate Leadership Fund super PAC for the race in Pennsylvania.
  • Of the approximately 60 competitive races in the House, the chamber has endorsed candidates they consider pro-business, including 23 Republicans and four Democrats, according to a spokesperson for the chamber.

The plot: Clark responds to a 12-member executive committee, which voted for her succeed for a long time CEO Tom Donohue in February 2021.

The bottom line: Republicans in Congress are ready to go to war with business, once the cornerstone of their coalition, for what many in their ranks see as an unforgivable change: to focus less on profit and more on politics.

]]>
How much does it cost for a single race? https://priscillasfriends.org/how-much-does-it-cost-for-a-single-race/ Sat, 29 Oct 2022 11:01:01 +0000 https://priscillasfriends.org/how-much-does-it-cost-for-a-single-race/ Government sponsorship sheds light on NASCAR advertising costs In a truly unique NASCAR deal, a village is willing to sponsor a NASCAR Cup Series team. Elk Grove Village, Illinois is a suburb of Chicago. It’s the largest consolidated business park in North America, but the region is still looking for growth. The industrial park is […]]]>

Government sponsorship sheds light on NASCAR advertising costs

In a truly unique NASCAR deal, a village is willing to sponsor a NASCAR Cup Series team.

Elk Grove Village, Illinois is a suburb of Chicago. It’s the largest consolidated business park in North America, but the region is still looking for growth.

The industrial park is nearly 6 square miles of the 12 square mile area. It is adjacent to O’Hare International Airport as well as several major highways.

The region is home to a population of 32,812.

The village has been declared Municipality of the Year 2022. They note that advertising is a useful tool for the village and that it works. Their business slogan is “Makers Wanted”.

They announced a partnership with RFK Racing. The village will be No. 6’s primary sponsor at the 2023 Chicago Street NASCAR race.

Concretely, the industrial park is at the origin of the sponsorship. The village is trying to attract more manufacturing companies to the area.

NASCAR teams looking for more money; Series Emissions Statement

Mayor Craig Johnson

The sponsorship announcement was made on October 17. The Mayor was there:

“Elk Grove Village is home to the largest industrial park in North America. We are surrounded by incredible transportation options and our city is working hard to make it a destination for business,” said Mayor Craig Johnson.

Johnson added, “Partnering with RFK for a marquee race allows us to reach a wide audience with a partner who shares a passion for American business and manufacturing.”

Dale Earnhardt Jr stumped over NASCAR charters valued at $30m

Brad Keselowski on Elk Grove Village

Brad Keselowski – Elk Grove Village – NASCAR sponsorship (Photo: RFK Racing)

Keselowski is co-owner of RFK Racing. He also owns his own manufacturing company. Keselowski was on hand in Illinois for the new sponsorship announcement.

“This is a one-of-a-kind partnership that I’m especially excited about,” said NASCAR Cup Series champion Keselowski.

“Mayor Johnson, his team and the people of Elk Grove have a clear sense of the manufacturing industry and have shown through many examples how they give back to the community and surrounding areas.”

Keselowski added, “The Chicago Race next year will be one of the most anticipated events in our sport’s history, and we’re proud to be carrying Elk Grove Village with us in the #6 Ford. “

Denny Hamlin calls for change in NASCAR TV money deal

NASCAR sponsorship fees, for a single race?
Brad Keselowski - Elk Grove Village - NASCAR Sponsorship - RFK Racing
Brad Keselowski – Elk Grove Village – NASCAR sponsorship (Photo: RFK Racing)

Referral numbers are usually kept secret. Private teams are not required to disclose this information.

Sponsorship cost data is usually only released during lawsuits and other legal cases. And in most of those cases, the data shows a full sponsorship season with a certain number of races.

NASCAR sponsorship costs? New court documents provide numbers

This is a very rare situation.

The public village of Elk Grove will sponsor the team for one race only. And those numbers are publicly available.

Elk Grove Village will spend $400,000 on their sponsorship of car #6, for the one-off race. It should be noted that the Chicago Street race likely has a higher value due to the interest generated by NASCAR’s new event.

In 2020, Elk Grove Village spent $300,000 to sponsor college football’s Bahamas Bowl.

The Chicago Street Course event will take place on the weekend of July 4, 2023. The track has been in the works for several years, this will be the inaugural event.

The Chicago Art Museum concerned about NASCAR street racing

Annual breakdown of Farmers Insurance sponsorship expenses between 2012 and 2016

Connections

Brad Keselowski | RFK race | Elk Grove | Creators Wanted | NASCAR

]]>
VIP launches its North American Energy Company https://priscillasfriends.org/vip-launches-its-north-american-energy-company/ Wed, 26 Oct 2022 10:30:00 +0000 https://priscillasfriends.org/vip-launches-its-north-american-energy-company/ Valor Infrastructure Partners, LLC (VIP), has launched its headquarters in Palm Beach Gardens, Florida Tweet that VIP co-founders Mike Weich (CEO), Daryl Hart (COO) and Ivan Zyla (Chief Commercial Officer) bring with them over 40 years of cumulative experience in project development, origination and finance, and more $7 billion value of renewable projects. The team […]]]>

VIP co-founders Mike Weich (CEO), Daryl Hart (COO) and Ivan Zyla (Chief Commercial Officer) bring with them over 40 years of cumulative experience in project development, origination and finance, and more $7 billion value of renewable projects. The team has leveraged its extensive and specialized network to build a top-notch industry cohort with the highest standards to enable the development of high-quality renewable energy infrastructure.

“My co-founders and I are thrilled to partner with Pelion Green Future. Our launch represents the culmination of our collective experience in the energy sector, and we are set to create a renewable energy company that will significantly contribute and act as a catalyst in the crucial energy transition.” said mike weichco-founder and CEO of VIP.

Goga Vukmirovicpartner and head of the Americas of Pelion Green Future, added:

“We are delighted to have found great partners in Mike, Daryl, Ivan and the entire VIP team, and we are proud to support them in their quest to become a major renewable energy player in the North American market. Together, we look forward to seizing the tremendous opportunities to accelerate the transition to a clean, independent energy future.”

SOURCEValor Infrastructure Partners, LLC

]]>
David Boynton of The Body Shop: “They say retail is dead. But we are social creatures’ | Retail business https://priscillasfriends.org/david-boynton-of-the-body-shop-they-say-retail-is-dead-but-we-are-social-creatures-retail-business/ Sat, 22 Oct 2022 15:00:00 +0000 https://priscillasfriends.org/david-boynton-of-the-body-shop-they-say-retail-is-dead-but-we-are-social-creatures-retail-business/ DPassionate Boynton says he’s not one to slather on a face mask, but The Body Shop’s GM, who turned out well, could use all the relaxation techniques he’s got. he may find with a difficult year ahead. On the weekend of what would have been Anita Roddick’s 80th birthday this Sunday, the chain she founded […]]]>

DPassionate Boynton says he’s not one to slather on a face mask, but The Body Shop’s GM, who turned out well, could use all the relaxation techniques he’s got. he may find with a difficult year ahead.

On the weekend of what would have been Anita Roddick’s 80th birthday this Sunday, the chain she founded in Brighton in 1976 with a £4,000 loan would be on the market for the second time in five years, with a £1billion price tag, after a pandemic boom reversed into a sales slump.

Boynton, whose accent vacillates between the north of England and New York after years living across the Atlantic, has already been forced to make tough decisions. It permanently closed 23 net UK stores during the pandemic as business went online, while 90% of its 3,000 outlets worldwide were forced to close temporarily due to government shutdowns.

Parent group Natura, the Brazilian ethical beauty retailer that bought the channel for around £880million in 2017is believed to want to cut debt after spending around £1.6billion to buy Avon’s non-North American business in 2019 and backing away from a 24% drop in The Body Shop’s sales in the first six month of this year after a difficult end to 2021.

While most The Body Shop stores have come back to life, those run by franchisees are only slowly recovering from the closures. Meanwhile, the brand’s network of door-to-door sellers and online fans, built as Covid kept everyone at home, shrank, and the group took a hit when the invasion of Ukraine l forced him to withdraw from Russia, where he owned 26 stores. The shift to working from home and lackluster tourist traffic has also hampered city center outlets, with sales in London for the first half of the year still well below pre-pandemic levels.


resume

Age 59

Family Married with four children, two girls and two boys.

Education: State Grammar in the Manchester Region; University of Leeds.

Pay Not disclosed.

Last holidays Naples in Southwest Florida: “A beautiful place, sadly recently destroyed by Hurricane Ian.”

Best advice ever given “Surround yourself with brilliant people who don’t care.”

Biggest Career Mistake “I should have been quicker to move people with high potential into roles where they could excel.”

Words or phrases he abuses
Using song lyrics to describe everyday work situations –
for example: “As Ian Dury might
say – there are reasons to be joyful.

how he relaxes Gardening, opera and golf with his wife.


Boynton says that in many ways this year has proven more complicated to navigate than 2020 or 2021, when government aid was in place.

Covid lockdowns in China and ongoing issues with international freight services mean products can still be delivered six weeks late. Inflation is also taking its toll: The Body Shop has pledged to pay the real living wage in the UK, for example, which will mean a 10% pay rise next year for its workers, which will weigh more on profits.

Boynton took on the task of reviving the business after the blow to its reputation that resulted from a ill-advised takeover by cosmetics giant L’Oreal in 2006. The deal, endorsed by Roddick the year before his death, shocked the Body Shop’s ethically-conscious customers and staff and led to a slump in sales and profits .

Boynton said he took the job as a ‘true passion project’ after watching company events with ‘interest and some sadness’ while completing a 10-year stint in the beauty business L’Occitane, followed by a short stint at blouse designer Charles Tyrwhitt.

A longtime retailer who began his career as a graduate trainee at the checkout counters of a branch of the now defunct Safeway supermarket chain in Edmonton, north London, Boynton says he wanted the job because of the property of Natura.

He won’t comment on speculation about a potential sale, but says The Body Shop has a good relationship with Natura. “They are the perfect people to give us the space to be who we want to be and to honor all that Anita and [her husband] Gordon wanted,” he said.

Natura said it does not “conduct any specific study” on the sale of The Body Shop but that it “constantly evaluates all strategic alternatives for value creation”.

Any sale would come after four years of hard work revamping many of The Body Shop’s products, improving ingredients and switching to packaging made from more easily recyclable materials. Much of the range now consists of 100% recycled plastic jars and bottles, some of which come from a community project in India. Old favorites such as the Vitamin C skincare line have been given a boost, while the newer and hugely popular Drops of Youth has dropped the focus on age and is renamed Edelweiss, after its ingredient. key.

The revitalization came after Boynton spent time talking to clients and former Roddick colleagues to try to build a set of principles for the company to follow, based on, “What would Anita do?”

One thing that hasn’t changed is that the company still doesn’t test finished products or ingredients on animals, nor do suppliers or third parties. And in a move that would no doubt impress Roddick, Boynton has reintroduced refill stations, where customers can return bottles of shower gel, hand soap and shampoo – an idea Body Shop first tried decades ago, but discontinued in the late 1990s.

They were trialled on Oxford Street in London in 2019, and now 172 of 219 UK stores offer the service, and it will be in 800 globally by the end of this year. Boynton says the refills are part of efforts to get people back on the high streets: “People have been telling me for over 10 years that retail is dead. But our industry is very experiential and the stores fulfill this mission. We are social creatures and enjoy being around other people. We’ve been isolated during lockdown and it’s not good for people’s mental health. »

It plans to open around 30 more stores in the UK in the longer term as rents have fallen by up to 30% in some locations, making new branches more viable.

Boynton says knowledgeable staff will continue to be important, as will the opportunity to try out products, potentially learn about what’s happening in the world and feel part of a community. “It’s up to you to deliver experiences or you’ll be dinosaurs,” he says of retailers.

However, with households hoping to cut costs, won’t The Body Shop treats be removed from shopping lists? He disagrees: “We are not accessible to everyone, but we offer the performance of brands that sell for two to three times more. Everyone is looking for ways to save in the months and years to come, and we could be in a good position to take advantage of them.

]]>