Vehicle restrictions to be suspended Friday for holidays most tolls free starting

first_imgRelated posts:Hotels in Costa Rica expect high occupancy during Easter Holy Week Red Cross concerned about number of violent deaths in first few weeks of January Untapped destinations hope to attract visitors at Expotur Manuel Antonio National Park administration moving to comply with Health Ministry orders A restriction that prohibits vehicles from entering downtown San José on specific days according to the last digit of a license plate will be suspended on Friday and will resume on Monday, April 21, Traffic Police said on Tuesday. That means that all drivers can access the city this Friday.This Friday, April 11, Costa Rica commemorates its national hero, Juan Santamaría, and Easter Holy Week follows. That prompted Traffic Police to launch special operations on the country’s main routes as a large number of vehicles likely will be leaving San José starting Thursday night.“We are trying to facilitate things for many families and groups of friends leaving the capital for traditional vacation destinations outside the Greater Metropolitan Area,” Traffic Police Director Germán Marín said.In that same spirit, the National Roadway Council on Tuesday said that government-run tolls will stop collecting from noon on Holy Thursday (April 17) and will resume on Saturday, April 19 at 6 a.m.Tolls will be free on the General Cañas Highway from San José to Alajuela, on the northern section of the Inter-American Highway in Guanacaste, at Florencio del Castillo Highway between the capital and Cartago, and at the Braulio Carrillo Highway connecting San José with the Caribbean province of Limón.Public Works and Transport Minister Pedro Castro said the ministry decided to suspend toll collection on those highways to facilitate travel to and from tourist destinations across the country.However, toll booths on Route 27, the main highway connecting San José to the Pacific province of Puntarenas, “will operate as normal,” Montserrat Courrau, a spokeswoman for Autopistas del Sol, the private contractor that administers the highway, said. Facebook Commentslast_img read more

Go back to the enewsletter Capella Hotel Group w

first_imgGo back to the e-newsletterCapella Hotel Group, with leading Chinese developer China Gezhouba Group Real Estate, has announced the opening of Capella Sanya in the last quarter of 2018. Located along the coastline of Blessed Bay on Hainan Island, Capella Sanya will offer 190 appointed rooms, suites and villas across 13.8 hectares of tropical paradise.Offering panoramic views of the South China Sea, Capella Sanya is a collaborative art piece by two of the world’s most celebrated designers: Jean-Michel Gathy and Bill Bensley. Inspired by a Chinese trader’s adventures along The Silk Road, Capella Sanya encapsulates the rich culture and heritage of ethnic communities along this historic trade route.The legend of Blessed Bay dates back around 600 years ago, when a group of Persian traders arrived in China. On their way home, they were pounded by typhoon at sea. The survivors floated to an unknown bay, where they rallied their way home and made a good fortune eventually. In honour of their experience and blessings, they named the bay “Blessed Bay” (Tufu Bay in Chinese).“Capella Sanya will be the new benchmark for China’s luxury beach resorts. Our pursuit of excellence in real estate development is complemented by Capella Hotel Group’s expertise in creating exceptional guest experiences,” said Mr. He Jingang, chairman of China Gezhouba Real Estate.Accommodation choices include executive suites, two- to four-bedroom villas and a Presidential Suite within the Manor House, as well as five low-rise mansions for an elevated sense of residential experience.Careful consideration was given to the needs of diverse clientele like honeymooners, extended families and incentive group travellers. To cater to their discerning palates, six distinctive dining concepts differentiate the culinary experience including a signature restaurant, authentic Chinese, a stylish Noodle Bar and Lobby Lounge. A wellness sanctuary offering unique and innovative treatments like the Moroccan Hammam and “Snow Cabin” complete the Capella Sanya experience.Go back to the e-newsletterlast_img read more

Googles pay TV service in the US city of Kansas c

first_imgGoogle’s pay TV service in the US city of Kansas could roll out within months, according to reports. The internet giant has announced that, under the moniker of Google Fiber, it would roll out a fiber-optic network delivering ultra high-speed internet to residents of Kansas City.The Wall Street Journal has now reported that Google has applied for the relevant licences to launch a local subscription TV service and quoted an unnamed Google executive as saying it could launch within months.last_img read more

Dear Reader Vedran Vuk here filling in for David

first_imgDear Reader,Vedran Vuk here, filling in for David Galland. First today, I’ll talk about adjusting your portfolio to minimize the damage from the political events around us. Then Bud Conrad will give us a comparison of today’s market to the Nixon-era political turmoil – it’s not pretty. Finally, I’ll touch on the youth vote in the recent election and how the US’s next generation is shaping up.Never Worry About Another Election AgainBy Vedran Vuk, Senior Analyst“Woooooooooo! Wooooooooo!” That’s what I heard all night from my neighbor’s election-night party. If the last four years are any indicator of the next four, then I’m not really sure what there is to be so excited about. Sure, some might prefer Obama a little more than Romney, and that’s fine. What confuses me is such excitement for an administration that has been such a failure.Well, my neighbor might have kept me awake Tuesday night, but I surely got him back on Wednesday morning. When I saw the market plunging 345 points on the DJIA, I’m certain he was awoken by my “Arrrrrrrgggggggg!!!!” followed by “$%#!!! #$%#%, E#%%!!!!!” Jokes aside, what a way to start the next four years. With the market crashing hard, it was one of those days where I’m glad not to be living on the top story of a high-rise.However, as the screen went red almost across the board, there was one ray of hope – gold. It was still holding its ground. With more problems ahead, the money-printing will continue and inflation will follow. And from there, gold will continue to rise. In a way, our obsession with gold at Casey Research is kind of weird. The same could be said of our readers who send us emails about inflation all the time.Think about it. We’re the ones always talking about the Federal Reserve and what the Fed is going to do next. We’re way more worried about it than almost anyone else. But should we be worried? Probably not. Well, why not? BECAUSE WE HOLD GOLD!!!! Duh!If the US experiences a hyperinflation, our subscribers are going to be the last ones in trouble’s path. In fact, it might be the greatest time of your life. While everyone’s paper assets turn into just that paper, you’ll be one of the few sitting on real wealth.The people who should be really freaking out are the ones who aren’t holding gold in their portfolios – it’s the portfolio owners who saw nothing but red after the election who need to worry.Here’s another worry to wipe out: gas prices. If you’re in the middle or upper class, you shouldn’t be complaining about gas prices. Why? Because you can do something about it! I’m going to come off as a bit of a jerk but I have to say this… every time WTI crude oil goes up, I’m a pretty happy guy. Why? Because the energy stocks in my portfolio went up as well.Am I some sort of evil profiteer? No; I realize that there is an energy problem in our society. And I don’t want to be a sitting duck when oil prices start rising yet again. I’m just doing what I have to do to protect myself – and that’s owning shares of energy companies.It’s ridiculous to just complain about gas prices and inflation – you can actually do something about these problems. Buy gold and energy companies. While these assets won’t guarantee keeping up with your personal expenses and gas prices and it can be a little tricky to match them exactly to your expenses, they are going to put you in a lot better position than those without them in the portfolio.The same goes for this election. Do you think that the US is going downhill faster than a snowball headed to hell? Well, do something about it. Invest in defensive stocks with an international base, diversify your assets overseas, and hold multiple currencies. We’re not sitting ducks here. You can take action to protect yourself from the meltdown.Does buying these sorts of assets guarantee your protection? No not necessarily, but let’s put it this way. When the economic hurricane comes rolling through, do you want to be the guy with a generator, plenty of diesel, ammo, flashlights, and weeks of food stocked up, or do you want to be the guy with three cans of tuna in the pantry and a single box of matches? When a natural disaster is coming, you have to prepare. What’s true for hurricanes is true for financial crises as well.On New Year’s Day, when the confetti is scattered on the floor and everyone is recovering from their hangovers, what do we usually do next? Make our New Year’s resolutions. Whether you’re picking up the confetti from your Obama re-election party or recovering from drinking away your newfound worries of the next morning, I want you to make a post-election resolution – much like the New Year’s one.Here it is: I will organize my portfolio and finances in such a way that I will never again have to nervously wait for the results on election night. Your hard-earned money shouldn’t depend on the voting decisions of a couple of bozos from Ohio and Pennsylvania. We can’t control everything about the world around us, but we can control far more risks than most people realize.How Far Could the Stock Market Fall?By Bud Conrad, Chief EconomistWe are heading back into a serious recession that will be similar to the crisis of confidence in 1974 with the Nixon impeachment. During Nixon’s landslide victory for a second term and the ensuing Watergate impeachment, I lived in Washington DC and watched the ensuing chaos with a front-row seat. The break-in of the Democratic national headquarters in the Watergate complex occurred before the election, yet it did not stop Nixon’s re-election.The country and Washington DC became accustomed to cover-ups and deceptive practices. Anger over Vietnam and the assassinations of respected leaders manifested into mass protests and arrests. I still remember tear-gas canisters in the streets of Georgetown. In a second, we’ll take a look at some charts showing just what this turmoil did to the stock market.Nearly 40 years later, the cover-ups haven’t stopped. Today, we have a cover-up of an assassinated ambassador and three others in Libya. If enough people ask questions – like Congressman Darrell Issa has been – about why there was weak security, we might even open a bigger can of worms, as this assassination is a bigger deal than most people realize. And again, much like with Nixon, the economic climate grows troublesome with high unemployment, growing future inflation concerns thanks to QE3, and the world economy slowing. As was the case back then, we’re a powder keg ready to blow. Remember the explosion of bad government regulations the last time around – like wage and price controls? I remember them all too well, as I was a consultant to the energy division of the Nixon administration’s Economic Stabilization Program Phase 2.Obama’s win gives a false sense of having resolved a key uncertainty. But the fundamental problems we face are bigger than one leader’s capability to solve them. No good answers are on the table for our budget deficits and endless wars. European peripheral countries struggle with 50% youth unemployment, leading to worries of money-printing and currency crisis. If we add an environmental catastrophe, such as a crop failure leading to food shortages, the world could face much bigger downturns than purely financial analysis can predict.The 1974 stock market crash was the second biggest compared to the crisis we went through in 2008. It was precipitated by political crisis more than financial difficulties. The Vietnam War and Johnson’s expansion of social services created deficits that at the time that seemed too large. Today, of course, we have political problems as well as financial problems. And this time around, the deficits don’t just seem large and unsustainable, they are too large and unsustainable. On top of that, Bernanke and Greenspan have spent every bullet in the arsenal to avoid short-term disaster. While in the ’70s we still had a box of bullets, we’re now running on empty – and the enemy is closing in on our foxhole.Since 2000, we have had two crises – one being the dot-com bubble, and the latest is the housing bubble. As the financial crisis gets worse, so will the political backlash and the disruptions in society. This scenario suggests much higher inflation, disenfranchisement of workers, and government oppression to maintain control.The chart below shows some of the effects of key moments of political turmoil on the stock market, as well as the relationship of those changes to the Purchasing Managers’ Index. This Index is one of the most reliable indicators of the country’s growth in manufacturing output and thus the growth of GDP. It comes from surveying purchasing managers as to whether the economy is improving or getting worse on a number of measures like orders, shipments, exports, prices paid, etc. The composite of these measures is provided monthly and is not revised. It is not a government number, so it is not vulnerable to manipulation to make the story fit the political agenda. It can provide an early warning of a slowing economy and can be useful for interpreting what might happen to the stock market.(Click on image to enlarge)The specifics of the Nixon-era stock collapse are shown in close-up in the chart below. It could happen again. The polarization of our factions is now back at the levels of that era, and there are no signs of it diminishing.(Click on image to enlarge)In the most recent issue of The Casey Report, I have an extensive piece on the importance of the Purchasing Managers’ Index (PMI) and other measures for the US and many others countries – some of the results may surprise you as they surprised me. The analysis led me to change my view of where our economy may be heading. For more on that, make sure to check out the latest Casey Report.Besides our own political problems, there are a whole list of countries ready to erupt into turmoil, including Libya, Syria, Afghanistan, Pakistan, Somalia, and Iran. Add the likelihood of an environmental destabilization of, say, some big crop failure to our recurring financial crisis, and the probabilities are even higher that the next year or two will be very bad on several dimensions.And that’s just half the problems on our plate. Here are a few more to consider over the next two years: the US fiscal cliff and continuing budget deficits; a collapse of the European currency union; and an Asian hard landing.There are many links between politics and money. I fear we will see some serious problems ahead because we haven’t fixed anything and the only actions our leaders seem to know how to take are to expand the money supply.The worldwide money-printing by central banks to fund government overspending is close to reaching its conclusion. When governments run out of stimulus to prop up their financial sectors and to placate the masses, then things really start to unwind.I am of the opinion that money will be inflated out of existence by corrupt governments and central bankers, so we should be buying physical assets like farmland, houses, commodities, precious metals, and energy. We should avoid bonds or any fixed-dollar return like bonds. In a way, one wishes that a single president or re-election could make all of these things go away, but that’s just not going to happen. The world’s problems are now much bigger than the presidency, and they continue to pile on in a similar way to what we witnessed during the ’70s.What’s Going on with the Kids Today?By Vedran VukIn looking to the future of the economy, we have to consider the next generation. Unfortunately, that generation just opted to vote for more government yet again, with about 60% of the youth vote (ages 18-29) going to Obama and 36% for Romney.I’m not saying that Romney was some sort of economic messiah. In fact, he was terrible as well. Rather, what I’m trying to gauge here is if the kids are waking up to the fact that the policies of the last four years have been pretty ineffective. Apparently, many haven’t caught on.You would think that this age group – that has had it pretty rough in the recession, with double-digit unemployment rates – would be the last ones to vote for Obama. Furthermore, even the college kids who have jobs often aren’t working in their fields of study. In this tough market, one would expect more angst toward the present administration.That said, the vote has slightly changed. In 2008, 66% voted for Obama and 31% for McCain. So apparently, a few of them are connecting the dots that Obama has not made them better off; or those who have moved in to voting age are more economically aware than those who remained in it or moved out of it. The even smarter kids probably connected the dots that Romney wasn’t going to do much for them either. Nonetheless, how do we explain the still-strong support for bigger government?Since I’m on the far end of the youth age group, I still have the pulse of these things, so let me share what I see going on. First of all, the 18-23 age group – college kids – are as brainwashed as ever. It’s the same story that has been around for years. They’re idealistic kids who, with their professors holding their hands, are happy to pull the lever for the left. They just don’t get how bad things are out there. It usually takes getting to the 300th résumé before that idealism behind “hope” and “change” starts to fade away.But what about the young kids like myself who have been out there in the workforce… who did fill out hundreds of job applications… what are they thinking? This is the most interesting group. In many younger friends, I see something happening similar to the polarization of war veterans.Have you ever noticed how polarized veterans’ opinions become after coming back from war? They either come back more gung ho than ever, putting a flag in the yard and supporting the most pro-war candidate or they come back the complete opposite – they see the wars as complete BS and become lifelong anti-war advocates. There are some people in the middle as well, but more often than not, soldiers seem to go the extremes of each side. When faced with traumatic life experiences, people often deal with them by going to an extreme.I see the same thing happening with this generation’s reaction to vast unemployment – they have been shell-shocked into the extremes. When times got tough, one group of kids got tougher. Many of my friends have unbelievable work ethics; they could give Third-World sweat-shop workers a run for their money. Furthermore, they’ve hunkered down by saving money and living very frugally. Their lifestyles make their Baby Boomer parents look bad. The older generation always tends to demean the younger, but in this case, there’s a portion of the current generation that’s tougher and better than the one before it. I emphasize “portion” for a reason. There’s the other portion to consider.When you’re filling out that 300th résumé, there are two ways to react. You either get tougher, or you start seeing the world as completely unfair. You can lose sight of the connection between effort and results. I understand how this can happen. There are lots of smart, hard-working kids out there who can’t land jobs. I’m not talking about the C-student sociology majors here. To many, the job market now looks like a rigged game of connections, rather than a meritocratic system. If you’re smart, hard-working, and still can’t get a job, how are you supposed to develop an appreciation for the capitalist system?These kids got tougher too, but in a much different way. They see the world as unfair. And since the world is unfair, they have no problem taking from others. Why feel bad about it? When your viewpoint has lost the connection between effort and results, everything looks like luck. To some extent, you can see their perspective. If one graduated even in 2006 or 2007, they are light-years ahead in their careers in comparison to those finishing school 2008 and later. The 2006 class got on the ladder with an entry-level job; the 2008 kids didn’t. It’s a hard case to make that the 2008 grads are lazier than the 2006 grads. The difference between the groups has a lot to do with luck.Here’s the problem with this. If wealth is seen as just the lucky circumstance of being born into better times rather than the result of effort and ingenuity, then it’s easy to not feel bad about redistribution. Despite the Obama administration’s failures thus far, this growing life philosophy is one of the reason for growing support for big government among the youth.However, there’s another side of the coin, like the Ron Paul movement. Guess who were the biggest supporters of Ron Paul’s extremely free-market views? It wasn’t the Reagan generation. An enormous amount of his support came from the youth. This is that polarization that I’m talking about. One part of the generation is Ron Paul crazy, the other is Obama crazy.Is this a good sign for the country down the road? Yes and no. It really depends what faction wins. If the fiscally responsible and hard-working part of the youth takes over in 20 or 30 years, we might see administrations that would make Ronald Reagan look like a communist. If the other side gains dominance, we might look back at Barack Obama as a free-market champion. It’s still up in the air; and the next few years are going to be instrumental in shaping this generation’s experience.Friday FunniesAnd now for a few funny political bumper stickers as we say goodbye to the 2012 campaign. I threw in a few Democrat ones and a few Republican ones, but all good enough for a chuckle. One more thing before we go: there’s a new Casey Phyle forming in Cafayate, Argentina. Anyone interested please send an email to phyle@caseyresearch.com. Thank you for reading and subscribing to the Casey Daily Dispatch. See you next week.Vedran VukCasey Senior Analystlast_img read more

Representatives of national disabled peoples orga

first_imgRepresentatives of national disabled people’s organisations (DPOs) in Bolivia, Greece, Malaysia and Uganda have described to UK activists how they have fought oppression and discrimination in their own countries.They were speaking at an International Deaf and Disabled People’s Solidarity Summit in east London, organised by Disabled People Against Cuts (DPAC) to highlight the hypocrisy of the UK government’s decision to co-host a major “global disability summit” on the Olympic Park in east London this week.Feliza Ali Ramos (pictured, left) and Alex Marcelo Vazquez Bracamonte (centre), both wheelchair-users, from the Bolivian DPO New Hope, described how – two years ago – they and fellow disabled activists marched 300 miles through the Andes to the capital La Paz to confront president Evo Morales about the conditions facing disabled people in Bolivia and to seek an increase in disability benefits.Conditions facing disabled people in Bolivia were harsh, they told the summit.Many were dying from treatable conditions, some because doctors refused to give them oxygen, with families often welcoming their early deaths “because they were suffering anyway”.Many disabled people were excluded from education, despite the government’s insistence that disabled people had access to education and to healthcare, the summit heard.Local campaigns had called for the monthly disability benefit payment to rise from about £10 to about £50 a month, which led to the march on La Paz.Ramos said: “We sent letter after letter to the president, but the president never received us.”They marched through the mountains for 35 days and often had nowhere to sleep, while their only food was what they were given by people from the towns they passed through.When they arrived in the capital, they found the government had put up metal barriers to prevent them reaching the central square where the government offices were located.The square was guarded by police with water cannons and riot shields, and they were sprayed with pepper spray and water cannons, beaten and pushed out of their wheelchairs.Refused a meeting with the president, they pitched tents and took part in a vigil that lasted more than three months.The government tried to infiltrate the movement, and threatened activists with 10 years in prison.Morales eventually backed down and agreed to some of their demands.Ramos told fellow activists at Sunday’s summit how they lost two of their colleagues in a traffic accident during the march while another four had died because their health deteriorated during the protest.She cried as she told the summit: “Because these comrades had given their lives we fought on and we too were prepared to give our lives.“We remember what we went through and every day it moves me.“All of a sudden we have made ourselves visible in Bolivia and have got coverage in its media.”Last week, she said, there was national media coverage of a case in which a young man with cerebral palsy was found severely malnourished.She said: “Before, it would have been ignored. Now it is a national scandal because of what we did.“We have shown the whole of society we are strong and are not prepared to shut up and do whatever the government tells us to do.”New Hope was founded in 1999 to fight for an independent life for all disabled people in Bolivia, and its members try to empower disabled people with physical impairments through their Independent Life programme.Antonios Rellas, from the Greek DPO Zero Tolerance, told Sunday’s summit how he was the only disabled activist who gave evidence in the long-running trial of MPs and members of the extreme-right Golden Dawn party.He said: “As disabled activists, we know very well the story behind the fascist danger.“Golden Dawn followed exactly what Hitler and the Third Reich believed. Some of the first victims of the Third Reich were disabled people who were killed, 275,00 of them, as unworthy to live.”He also described his organisation’s ongoing fight against the institutionalisation of disabled people in Greece, which saw Zero Tolerance fight for the freedom of disabled residents who were being over-medicated and chained to cages in a state-run institution in Lechaina.He has directed a documentary which exposes the conditions, with Rellas and other disabled activists occupying the institution for four days and demanding that they were released.Now those disabled people who have been released from Lechaina have been found homes “in places where they can lead regular lives”, he said.But he said that more than 900 disabled people were still living in similar conditions in state-run institutions in Greece.He said: “The institutions that we are talking about are public institutions. We don’t know what is happening in private and church facilities.“This has nothing to do with the financial crisis that Greece is under. This was happening before this happened and if we are not there to resist and provoke it will stay like this forever.”Naziaty Yaacob, from Harapan OKU (Hope for Persons with Disabilities), speaking via Skype, told of her organisation’s battle to fight systematic discrimination against disabled people in her country following the election in May of the first new government in Malaysia in 60 years.They wrote an open letter to the new prime minister, with support from more than 100 charities, telling him that disabled people were “still struggling to achieve independence” and were “still facing barriers and discrimination”, with disabled people the most marginalised group in society.They highlighted the “toothless” nature of the existing disability discrimination act and the need for a new act and an independent commission to deal with grievances and systemic discrimination.Rose Achayo, from the National Union of Women with Disabilities of Uganda, described the wide-ranging discrimination faced by disabled women and girls in her country.She told the summit that her organisation had formed in 1999 to be a voice for disabled women and girls and to push for “a society where girls and women with disabilities lead a dignified life”.She pointed to barriers faced by disabled women in Uganda, such as violence in the home and in the community, the abuse inflicted on disabled people with high support needs who are placed in isolated settings, the lack of access to reproductive health, and the lack of access to justice.She also pointed to the stigma and “invisibility” faced by disabled women and girls in mainstream society, and their lack of access to the main source of income: land.But she said that, unlike the UK government, the Ugandan government had acknowledged issues raised by the UN committee on the rights of persons with disabilities and had come up with a plan for how they could be addressed.The committee examined Uganda’s progress in 2016, a process her organisation took part in. A note from the editor:For nine years, Disability News Service has survived largely through the support of a small number of disability organisations – most of them user-led – that have subscribed to its weekly supply of news stories. That support has been incredibly valuable but is no longer enough to keep DNS financially viable. For this reason, please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please remember that DNS is not a charity. It is run and owned by disabled journalist John Pring, and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more

A Tale of Neighboring Countries and Their Very Different LegalMarijuana Banking Systems

first_imgCannabis –shares Federal law all but requires legal marijuana to operate strictly in cash, while in Canada banks are helping that nation’s cannabis industry boom. 3 min read Opinions expressed by Entrepreneur contributors are their own. Add to Queue Image credit: Nastasic | Getty Images Easy Search. Quality Finds. Your partner and digital portal for the cannabis community. Next Article Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. dispensaries.com Guest Writer Springfield Bank of Illinois pulled out of working with legal medical marijuana companies in the state this month, leaving many businesses working on a cash-only basis while scrambling to find another banking partner. The bank tied the move directly to actions taken by U.S. Attorney General Jeff Sessions earlier this year, rescinding Obama-era rules that essentially kept the federal government from interfering in states where marijuana is legal.Meanwhile, in Canada, just the opposite is happening. The Bank of Montreal already is involved in two deals with legal marijuana companies and TD Bank Group is considering involvement as the country prepares to make cannabis legal nationwide this summer for both medical and recreational use.TD Bank Group CEO Bharat Masrani told The Canadian Press that national legalization is an “important data point.” He said TD Bank Group is actively studying cannabis investment in the cannabis industry. Both TD Bank Group and the Bank of Montreal are among the “Big Five” banks in Canada.Related: Baby Boomers Support Medical Marijuana but SkepticallyActions Backing WordsThe interest of Canadian banks in backing the legal marijuana industry took off in January, when the Bank of Montreal backed a $175 million stock-purchase deal to raise cash for Canopy Growth. Technically, the Bank of Montreal did the deal through a subsidiary, BMO Capital Markets, along with co-lead underwriter GMP Securities. Based in Ontario, Canopy is Canada’s largest licensed producer of medical marijuana. Importantly, they have no business dealings in the U.S.Speaking about the potential of entering deals with cannabis companies, Masrani said TD Bank Group will not consider any deals with companies that have a presence in the U.S. A few weeks after the Canopy Growth deal, BMO Capital Markets was named in a similar deal involving marijuana producer Cronos Group.Related: How to Stand Out From the Crowd: Entrepreneurial Lessons from Jeff the 420 ChefMeanwhile, In Springfield.Legal medical marijuana companies in Illinois may now have to deal in cash after the main bank for the industry, the Bank of Springfield, announced it was pulling out of the industry. The decision came after Sessions’ decision to rescind the Cole Memo.It is one of the few concrete consequences, so far, of Sessions’ actions.To be fair, the Bank of Springfield was something of an aberration. Most banks have refused to extend services to the marijuana industry because cannabis remains illegal at the federal level. Frustrated leaders in California are even considering setting up a state-run bank to serve the industry.There were about $8.5 million in medical marijuana sales in Illinois in February alone, according to state numbers quoted in the Chicago Tribune.Ross Morreale, co-founder of Ataraxia, a company that runs a cultivation facility and co-owns three dispensaries, told the Tribune: “This is the closest we’ve been to being without banks in Illinois in this industry … which isn’t good. It makes everything more difficult.”For the bank, it was a process of doing a risk assessment given Sessions’ action. The bank could not jeopardize customers working with businesses “in the legal gray zone,” a bank spokesman told the Tribune.To stay up to date on the latest marijuana related news make sure to like dispensaries.com on Facebook Free Green Entrepreneur App April 12, 2018 A Tale of Neighboring Countries and Their Very Different Legal-Marijuana Banking Systems Download Our Free Android Applast_img read more

Harvard MIT Receive 9 Million Donation to Conduct Marijuana Research

first_img –shares Harvard, MIT Receive $9 Million Donation to Conduct Marijuana Research 4 min read Guest Writer Biomedical Technology Add to Queue Image credit: gregobagel | Getty Images Easy Search. Quality Finds. Your partner and digital portal for the cannabis community. Next Article dispensaries.com Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. The donation from an alum of both schools will use the cannabis legally available in Massachusetts. May 14, 2019 Free Green Entrepreneur App Opinions expressed by Entrepreneur contributors are their own. The rapid spread of marijuana legalization has been coupled with concerns among medical researchers about gaps in knowledge on what cannabis can and cannot do in terms of health benefits.Unfortunately, with the United States federal government continuing to list cannabis as an illegal drug, it’s been hard to get funding for research. It also doesn’t help that what little marijuana is available for research is of far worse quality than what people routinely purchase at the local dispensary (or on the black market, for that matter).However, cannabis research in the U.S. got a shot in the arm this month when Charles Broderick, head of a New York-based global equity firm, dontated $9 million for cannabis research to be split between Harvard Medical School and the Massachusetts Institute of Technology . Broderick’s goal is clear cut, according to the Harvard Gazette: “Our desire is to fill the research void that currently exists in the science of cannabis.”Related: Why the EU Is Wrong About CBDMassachusetts Makes a DifferenceHow can the two prestigious schools manage to fill the marijuana research void with marijuana still illegal at the federal level? According to Rolling Stone, the answer lies in the fact that Massachusetts started legal recreational marijuana sales this year. That “makes it easier for the research to take place at the Boston-based schools,” the music magazine wrote.A researcher at MIT told the Boston Globe that the school plans to get cannabis of a higher grade than what is available from the University of Mississippi, which currently operates the only federal-sanctioned site to grow marijuana for research.The researcher also said that without Broderick’s donation, none of the research would be happening as quickly as now planned. The illegal nature of marijuana in the past — a situation that still exists at the national level — has made getting research funding difficult.Where Research Will FocusMIT plans to launch research into how THC (tetrahydrocannabinol) and CBD (cannabidiol) impact the cognitive function of people suffering from schizophrenia. Other MIT studies will focus on the use of cannabis for those with autism and Huntington’s disease, as well as the impact on attention and working memory.At Harvard Medical School, the money will fund creation of the Charles R. Broderick Phytocannabinoid Research Initiative. Initial research will focus on marijuana’s impact on brain cell function and the connections between brain cells.Related: Move Aside, CBD: New Data Finds THC Is the Real Medicine in Medical MarijuanaDonor Stands to GainWhile the donation received universal praise, it also generated conversation over the ethics of the donation. Broderick is an investor in cannabis companies in Canada, where pot is legal for medical and recreational use nationwide.The Globe wrote that many might wonder if his position could create bias in the research. After all, if new uses of cannabis are found, Broderick stands to make more money. But if dangers are found in using marijuana for medical purposes, he stands to lose money.However, both Harvard and MIT have rules in place that govern research, ensuring that researchers have complete control over their work and the results.For this part, Broderick told the Harvard Gazette, “I want to destigmatize the conversation around cannabis — and, in part, that means providing facts to the medical community, as well as the general public. Then we’re all working from the same information. We need to replace rhetoric with research.”To stay up to date on the latest marijuana-related news make sure to like dispensaries.com on Facebook Download Our iOS Applast_img read more

Square Makes Its Register Software Free Worldwide

first_img Kate Taylor –shares Add to Queue Next Article November 20, 2014 Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Reporter Square Makes Its Register Software Free Worldwide 2 min read Mobile Payments Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Square is going global – with software at least.On Thursday, Twitter co-founder and Square CEO Jack Dorsey announced that Square Register is being made available to sellers around the world. That means internationally Square-using sellers have access to free point-of-sale software that supports 130 different currencies.Los Desgraciados, a restaurant located in Saltillo, Mexico that uses Square RegisterImage credit: SquareSquare Register is a free app with software that allows users to analyze payments and manage items and inventory. The app is already used by millions of businesses in the U.S., but previously only supported the U.S. dollar, the Canadian dollar and the Japanese yen.Related: How Mobile Payment Apps Are Energizing Businesses That Live On Cash FlowHowever, despite the previously limited currencies, Square says that thousands of sellers outside the U.S., Japan and Canada have downloaded the app.”I’ve been using Square Register for about three years now,” says Michael Cheang, the owner of an Australian bar called Frisk, in an email sent by Square. “We came across the app when searching the internet for point-of-sale solutions. We looked into all the alternative options, and ultimately chose Square for its simple layout.”Square has not yet released readers that support transactions outside of the U.S., Canada and Japan. However, with the new software in place, the mobile payment’s app complete international expansion seems imminent. Related: Snapchat Partners With Square for Payment Service Enroll Now for $5last_img read more

SpaceX Lands Rocket on Platform in the Middle of the Ocean Start

first_img Staff writer. Frequently covers franchise news and food trends. Image credit: SpaceX Next Article Looking for the latest headlines in small business, innovation and tech? Our Start Up Your Day recaps are posted every morning to keep you current.Going big. First hot dogs, now this: Burger King’s menu now includes a Whopper Dog.Accused. Cupertino’s mayor feels “abused,” says Apple evades its taxes.In remembrance. An urn shaped of a White Castle restaurant was commissioned by a woman as a memorial. She and her sister ate there after chemo treatments.A new track. This McDonald’s placemat is also a DJ controller.Cut. Celebrated entrepreneurship course at Babson College is cut and its professor fired.Victorious. A SpaceX lands a rocket successfully in the Atlantic Ocean.The front lines. The Marine Corps is creating land-based battlefield robots with flying drone sidekicks. They would be used for “autonomous swarms.”Not enough. According to Facebook, the average user spends about 50 minutes a day on the social media platform. It may seem like a lot, but the company wants more. Lindsay Friedman Opinions expressed by Entrepreneur contributors are their own. –shares May 6, 2016 Learn how to successfully navigate family business dynamics and build businesses that excel.center_img SpaceX Lands Rocket on Platform in the Middle of the Ocean — Start Up Your Day Roundup Start Up Your Day Add to Queue 1 min read Free Webinar | July 31: Secrets to Running a Successful Family Business Landing JSAT-14, 05052016 Register Now »last_img read more

Teleperformance Groups Praxidia Knowledge Services partners with CallMiner to launch TP Interact

first_imgTeleperformance Groups ‘Praxidia Knowledge Services’ partners with CallMiner to launch TP Interact – a Comprehensive Interaction Analytics Solution PRNewswireMay 23, 2019, 2:52 pmMay 23, 2019 CallMinerCXMarketing TechnologyNewsPraxidiaTeleperformance GroupTP Interact Previous ArticleAlpha Software Launches Alpha TransForm, Cuts Build Time for Robust Offline Enterprise Mobile Apps from Months to HoursNext ArticleCint Appoints SVP of Asia Nicholas Antram to Continue Strategic Expansion Across the Region Eleperformance Groups ‘Praxidia Knowledge Services’ Partners with CallMiner to Launch TP Interact – a Comprehensive Interaction Analytics SolutionPraxidia Knowledge Services, a specialised subsidiary of the Teleperformance Group, announced its strategic partnership with CallMiner to launch a customer solution called TP Interact. This speech and customer engagement analytics solution will optimise agent quality and customer satisfaction within contact centres across the globe.“Our ability to quickly consolidate actionable insights from multichannel interactions in both real-time and post-call provides Praxidia with agent quality management and CX benefits that boost customer satisfaction and build competitive advantage”TP Interact’s managed analytics and consulting services, powered by the CallMiner Eureka speech analytics platform, is scalable in terms of both capacity and geography. This allows organisations across industry verticals to benefit from the invaluable insights driven by its customer interactions, regardless of call volume or channel. Through this partnership, customers can evaluate and score 100% of customer interactions to define the customer experience and agent quality. This Includes customisations, reporting and on-going tuning to business needs.Marketing Technology News: Phishing of SaaS and Webmail Brands Surpasses Phishing Attacks on Payment Brands for the First TimeTP Interact customers benefit from:A scalable, flexible solution that seamlessly integrates into the business within days of deployment.Personalised services tailored to unique business needsData-driven insights to define action and control outcomes.Marketing Technology News: Punchh Launches Deep Learning and Artificial Intelligence “Customer Sentiment Analysis” to Enable Real-Time Response to Customer ReviewsCommenting on the development, Paolo Righetti, CEO Praxidia said “CallMiner and Praxidia have already begun driving Business Intelligence from global call centres with language-specific customer experience applications across Italian, French and German-speaking organisations. This partnership enables a seamless Digital Customer Experience”.Paul Bernard, President & CEO of CallMiner said “Our ability to quickly consolidate actionable insights from multichannel interactions in both real-time and post-call provides Praxidia with agent quality management and CX benefits that boost customer satisfaction and build competitive advantage”.Marketing Technology News: Alibaba Cloud Expands Offerings for EMEA Partnerslast_img read more