Subsidy

New Oceana-Supported Research Maps Wealthy Nations’ Harmful Fisheries Subsidies Supporting their Fleets Abroad, Including in the Waters of Least Developed Countries

Retrieved on: 
Wednesday, June 30, 2021
Articles, Economy, Illegal, unreported and unregulated fishing, Fisheries law, Fiscal policy, Payments, Subsidy, Least developed countries, Overfishing, Fishing, Sea

For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.

Key Points: 
  • For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.
  • Looking solely at distant water fishing activity beyond a countrys own waters the top 10 spent $5.4 billion in harmful subsidies fishing in the waters of 116 other nations, and another $800 million on the high seas.
  • In the waters of several LDCs, the catches made and estimated subsidies received by foreign fleets surpasses those of the domestic fleet.
  • These top subsidizers may therefore be supporting their own fishing fleets by transferring overfishing risks to the waters of countries that can least afford it.

American Mask Manufacturer's Association Launches, Aims For Closer Ties With Government, Federal Agencies

Retrieved on: 
Thursday, April 29, 2021
Contemporary history, Politics, Presidency of Joe Biden, Mask, Subsidy, Articles

"Not only did this leave our country at the mercy of foreign suppliers, but many Americans lost family and friends because of this extremely solvable vulnerability.

Key Points: 
  • "Not only did this leave our country at the mercy of foreign suppliers, but many Americans lost family and friends because of this extremely solvable vulnerability.
  • Therefore, AMMA is encouraged by the Biden Administration\'s Mask Innovation Challenge: Building Tomorrow\'s Mask .
  • "The continued price undercutting and subsidizing by foreign governments and companies puts America\'s mask manufacturing base at significant risk.
  • We will need the continued support of our federal and state governments to ensure American companies can compete.

FAU Poll Shows Hispanic Consumer Confidence Soars

Retrieved on: 
Thursday, April 8, 2021
Labour law, Fiscal policy, Payments, Subsidy, Unemployment benefits, Unemployment, Articles, Economy

"This optimism is a product of the benefits received by families hit hard by the pandemic," said Monica Escaleras , Ph.D, director of FAU BEPI.

Key Points: 
  • "This optimism is a product of the benefits received by families hit hard by the pandemic," said Monica Escaleras , Ph.D, director of FAU BEPI.
  • "The extended unemployment benefits, $1,400 direct payments, emergency rental assistance and health care subsidies, among other benefits, have provided support to families in need."
  • Consumers showed a significant increase in optimism in four out of the five questions used to generate the index.
  • The poll is based on a sampling of 542 U.S. Hispanics, 18 years of age and older, from Jan. 1 to March 31.

GVIC Reports Third Quarter Results

Retrieved on: 
Friday, November 13, 2020
Money, CEWS, Earnings before interest, taxes, depreciation and amortization, Subsidy, Finance, Economy

Wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) were $7.7 million recorded for the quarter including joint ventures and associates.

Key Points: 
  • Wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) were $7.7 million recorded for the quarter including joint ventures and associates.
  • After adjusting for the extra quarter of ATP funding and the losses, EBITDA including joint ventures and associates for the quarter was $2.8 million excluding wage subsidies.
  • GVIC received $11 million in cash and retained 100% of the cash flow of the businesses relating to the 45% interest for two years.
  • The 26.8% decline in consolidated revenues for the third quarter was an improvement from the 32% decline in the second quarter.

Glacier Reports Third Quarter Results

Retrieved on: 
Friday, November 13, 2020
Fiscal policy, Payments, Subsidy

The energy and mining group revenues were off 15%, a significant improvement from the 25% decline in the second quarter.

Key Points: 
  • The energy and mining group revenues were off 15%, a significant improvement from the 25% decline in the second quarter.
  • Print community media advertising revenues, including joint ventures and associates, were off 30% for the quarter compared to last year, an improvement from the 49% year-over-year decline in Q2.
  • Consolidated EBITDA including joint ventures and associates was $2.4 million for the quarter excluding wage subsidies.
  • The Company recorded wage subsidies from the Canadian Emergency Wage Subsidy of $7.1 million for the quarter.

QRCA Partnership with Rybbon Brings New Benefits to All Qualitative Research Members

Retrieved on: 
Wednesday, October 7, 2020
Articles, Business partner, Partnerships, Subsidy, Economy

MCLEAN, Va., Oct. 7, 2020 /PRNewswire-PRWeb/ -- QRCA , the premier global association for qualitative professionals, and Rybbon , a leader in the research incentives space, announced a partnership today.

Key Points: 
  • MCLEAN, Va., Oct. 7, 2020 /PRNewswire-PRWeb/ -- QRCA , the premier global association for qualitative professionals, and Rybbon , a leader in the research incentives space, announced a partnership today.
  • QRCA members can leverage new benefits as a result of this partnership.
  • QRCA members who become new Rybbon customers will receive 10% off Rybbon's Team and Enterprise plans and a subsidy towards their QRCA membership renewal.
  • If a qualitative researcher is a Rybbon Team or Enterprise plan customer, but not a QRCA member, Rybbon will provide a subsidy towards their new QRCA membership.

New Survey: COVID-19 Takes Toll on Wage Increases

Retrieved on: 
Wednesday, September 23, 2020
CEWS, Subsidy

According to the survey, 34% expect no change and 15% expect a decrease in their companys wages.

Key Points: 
  • According to the survey, 34% expect no change and 15% expect a decrease in their companys wages.
  • Culo says that once government subsidies, such as the Canadian Emergency Wage Subsidy (CEWS), come to an end, we will have a better picture of how companies are actually doing.
  • Bruce Hein, Express franchise owner in Sarnia, Ontario, has seen a similar trend, noting the majority of his clients are keeping wages the same.
  • If necessary, companies seem more willing to lay off workers or freeze hiring instead of cutting pay.

VCHR opposes excessive Virginia subsidies to Energix Renewable Resources, Ltd.

Retrieved on: 
Wednesday, September 9, 2020
Regions of the United States, Ralph Northam, Paycheck Protection Program, Virginia, Subsidy, Physicians, Country subdivisions

ARLINGTON, Va., Sept. 9, 2020 /PRNewswire/ --The Virginia Coalition for Human Rights (VCHR) opposes Governor Ralph Northam's excessive subsidies to and government support for Energix Renewable Resources, Ltd. of Israel.

Key Points: 
  • ARLINGTON, Va., Sept. 9, 2020 /PRNewswire/ --The Virginia Coalition for Human Rights (VCHR) opposes Governor Ralph Northam's excessive subsidies to and government support for Energix Renewable Resources, Ltd. of Israel.
  • But the company's troubling links to corrupt deals inside Virginia and its overseas record of marginalizing local communities can no longer be ignored.
  • In 2020, Energix received $2-$5 million in CARES-Act PPP loans -- one-third of all the PPP forgivable loans in the $350,000-and-above category given to Virginia solar companies.
  • VCHR calls on all Virginia state, county, and municipal government officials to stop subsidizing Energix and provide greater support to upstanding Virginia and U.S. solar energy companies.

Glacier Reports Second Quarter Results

Retrieved on: 
Friday, August 14, 2020
CEWS, Subsidy

The decline in revenues resulted in a $2.6 million EBITDA loss for the quarter before wage subsidies.

Key Points: 
  • The decline in revenues resulted in a $2.6 million EBITDA loss for the quarter before wage subsidies.
  • The Company recorded wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) of $8.8 million for the quarter.
  • A special committee of Glacier was also formed to review the transaction, and was supportive of the transaction.
  • Glacier FarmMedia revenues were off 8% during the quarter.

GVIC Reports Second Quarter Results

Retrieved on: 
Friday, August 14, 2020
Money, CEWS, Earnings before interest, taxes, depreciation, and amortization, Finance, Subsidy, Economy

The decline in revenues resulted in a $2.4 million EBITDA loss for the quarter before wage subsidies.

Key Points: 
  • The decline in revenues resulted in a $2.4 million EBITDA loss for the quarter before wage subsidies.
  • The Company recorded wage subsidies from the Canadian Emergency Wage Subsidy (CEWS) of $8.8 million for the quarter.
  • As part of the restructuring and subsequent to quarter end, GVIC sold a 45% interest in its ERIS and STP businesses to Madison Venture Corporation (Madison).
  • GVIC received $11 million in cash and retained 100% of the cash flow of the businesses relating to the 45% interest for two years.