White

Wellness Real Estate & Communities Symposium to Take Place May 14 in New York City

Retrieved on: 
Tuesday, March 12, 2024
Health, SHoP Architects, Built environment, Longevity, Public health, University of Pennsylvania, Neurology, COVID-19, Environment, Science, White, Harvard University, Woolworth Building, Public policy, Hospital, Research, Ink, University, MD, GWS, City, Architecture, Tourism, JPMorgan Chase, Medicine

MIAMI, March 12, 2024 /PRNewswire-PRWeb/ -- The Global Wellness Summit (GWS) today announced that its third annual Wellness Real Estate & Communities Symposium will take place Tuesday, May 14, 2024. The all-day event will be held in person at JPMorgan Chase headquarters in Manhattan—and also virtually. This is the first, and only, conference that brings together leaders in real estate, investment, architecture, design, public policy, technology, medicine and sustainability to take a deep dive into how a new health and wellness lens is reimagining every built environment: our homes, communities, cities, workplaces, hospitals and senior living.

Key Points: 
  • With wellness real estate the fastest-growing market in the global wellness economy, the Global Wellness Summit's event will feature top experts exploring the new ways that health and wellness are transforming homes, cities, workplaces, architecture and design
    MIAMI, March 12, 2024 /PRNewswire-PRWeb/ -- The Global Wellness Summit (GWS) today announced that its third annual Wellness Real Estate & Communities Symposium will take place Tuesday, May 14, 2024.
  • The Global Wellness Institute will present new research and insights on the global wellness real estate market.
  • The fastest-growing wellness market: Within the $5.6 trillion global wellness economy, wellness real estate has been the fastest-growing of all eleven wellness sectors—before, during and after Covid-19.
  • Wellness real estate is forecast to be the #1 wellness market growth leader through 2027 (17.4% annual growth), when it will reach $887.5 billion.

Boundary Stone Partners Announces Emily Domenech as Senior Vice President

Retrieved on: 
Tuesday, March 12, 2024
Marker beacon, Talent, Committee, Transport, Bachelor, Commerce, BSP, Fiscal, Policy, Towson University, Presidency of Donald Trump, Acqui-hiring, Bully pulpit, Talent management, Environmental science, International, Eckerd College, Climate, National Society, PHR, Community organizing, Culture, FACS, Foreign policy, Master, Associate, White, Georgetown University, NEPA, Knowledge, University, Rural development, Senior, House, Human, Client, Public affairs, SHRM, Marymount University, Government, Natural Resources, George Mason University, EPA, BPI, Management

WASHINGTON, March 12, 2024 /PRNewswire/ -- Today, Boundary Stone Partners (BSP) announced Emily Domenech will join the team as a Senior Vice President, bringing her years of experience serving House Republican leadership on Capitol Hill to benefit the firm's clients. BSP continues to grow, hiring experts across the energy ecosystem as the industry booms.

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- Today, Boundary Stone Partners (BSP) announced Emily Domenech will join the team as a Senior Vice President, bringing her years of experience serving House Republican leadership on Capitol Hill to benefit the firm's clients.
  • Domenech joins BSP from the Office of Speaker Mike Johnson, where she held the position of Senior Policy Advisor to the Speaker of the House.
  • "We are excited to welcome Emily's expertise and perspective at Boundary Stone Partners."
  • In addition to Domenech, the following individuals have also joined the Boundary Stone ranks:
    Dane Bahnsen , Director - Bahnsen has joined BSP's D.C. office as a Director supporting client teams.

Xinhua Silk Road: Itinerant exhibition on Dehua white porcelain to be held in U.S., Mexico and Netherlands

Retrieved on: 
Tuesday, March 12, 2024
Song dynasty, Dehua porcelain, White, Ceramic, United Association, History, Yuan dynasty, Leg, Exhibition, Song, Multimedia, Porcelain

BEIJING, March 12, 2024 /PRNewswire/ -- A series of promotion activities for the Chinese Dehua white porcelain international itinerant exhibition, titled the "BLANC de CHINE - Porcelain from Dehua", will be held from March 14 to 22 in the United States, Mexico, and the Netherlands.

Key Points: 
  • BEIJING, March 12, 2024 /PRNewswire/ -- A series of promotion activities for the Chinese Dehua white porcelain international itinerant exhibition, titled the "BLANC de CHINE - Porcelain from Dehua", will be held from March 14 to 22 in the United States, Mexico, and the Netherlands.
  • Located in east China's coastal province of Fujian, Dehua has a history of more than 3,700 years of porcelain production.
  • Dehua white porcelain was regarded as the prominent export product during the Song Dynasty and the Yuan Dynasty.
  • In the Ming Dynasty, Dehua white porcelain used to be dubbed "Blanc de CHINE (White from China)" by the French and gained worldwide fame.

GBK Brand Bar Celebrated their 15th Annual Luxury Lounge prior to Oscars, Presented by Care A2+

Retrieved on: 
Tuesday, March 12, 2024
Storm, Caviar, Safe Haven, Love, Wilshire Grand Center, Safe haven, Beverly Wilshire Hotel, Biomedical Research, Weight loss, Transport, Interview, Invincible, Regenerative medicine, Turks and Caicos Islands, GE Lighting, Hexagon, White, Red, Scott Evans, GBK, Jewellery, Collective identity, CARE, Longevity, Mother, Knight, Menopause, Human, Savant syndrome, Luminex, Red White and Blue, Drink, Good luck, Short, Elemental, Killers, Travel, Doctor of Philosophy, Organic, Electronics, Music, Multimedia, Luxury

BEVERLY HILLS, Calif., March 12, 2024 /PRNewswire/ -- The Biggest Award night in Hollywood, brought out the brightest stars in Entertainment for GBK Brand Bar's 15th Annual Oscar Luxury Lounge at the Beverly Wilshire Hotel, Presented by CARE A2+. GBK Brand Bar presented select guests over $100,000 in various gifts, including 7 different travel getaways, (African Safari, Turks & Caicos, Greece, and many others) Electronics, Jewelry, and 20 other exciting giveaways. As always, there was an amazing selection of beverages & food to nibble on, as well as music from DJ Kara keeping the guests entertained from the moment they entered.

Key Points: 
  • BEVERLY HILLS, Calif., March 12, 2024 /PRNewswire/ -- The Biggest Award night in Hollywood, brought out the brightest stars in Entertainment for GBK Brand Bar's 15th Annual Oscar Luxury Lounge at the Beverly Wilshire Hotel, Presented by CARE A2+.
  • GBK Brand Bar presented select guests over $100,000 in various gifts, including 7 different travel getaways, (African Safari, Turks & Caicos, Greece, and many others) Electronics, Jewelry, and 20 other exciting giveaways.
  • Care A2+ donated product to a local women's shelter in the name of the celebrities present.
  • Any media inquiries and/or interview request, please contact Tad Hamilton of Mosaic Public Relations at: [email protected]
    This press release was issued through 24-7PressRelease.com.

President Biden's Budget Sets Plausible Goal With Implausible Means

Retrieved on: 
Monday, March 11, 2024
Social Security, Concord Coalition, Republican, White, Policy, News, Social, Concord, Multimedia, Medicare, Senate, Renewable energy

Moreover, the goal is based on a set of optimistic long-term economic assumptions and unlikely policy outcomes that, if not achieved, would result in far less deficit reduction than projected by the administration.

Key Points: 
  • Moreover, the goal is based on a set of optimistic long-term economic assumptions and unlikely policy outcomes that, if not achieved, would result in far less deficit reduction than projected by the administration.
  • Concord Coalition executive director Robert L. Bixby stated:
    "The president's budget sets a plausible deficit reduction goal using implausible means for achieving it.
  • Heavy reliance on tax increases to pay for new spending and the absence of any meaningful mandatory spending reductions make the president's budget "dead on arrival" with Republicans on Capitol Hill.
  • There must either be compromise on meaningful deficit reduction options or acquiescence in an unsustainable fiscal path.

Why rural white Americans’ resentment is a threat to democracy

Retrieved on: 
Friday, April 5, 2024
Certification, Pew Research Center, COVID-19 vaccine, Democracy, Congress, Marriage, Politics, QAnon, White, COVID-19, Xenophobia, Conspiracy theory, Bipartisan Policy Center, Cornell University, University, United, House, Electoral college, Census, Public Religion Research Institute, Security, Book, Government, Senate, Violence

Although there is no uniform definition of “rural,” and even federal agencies cannot agree on a single standard, roughly 20% of Americans live in rural communities, according to the Census Bureau’s definition.

Key Points: 
  • Although there is no uniform definition of “rural,” and even federal agencies cannot agree on a single standard, roughly 20% of Americans live in rural communities, according to the Census Bureau’s definition.
  • The unfortunate fact is that polls suggest many rural white people’s commitment to the American political system is eroding.
  • Even when they are not members of militant organizations, rural white people, as a group, now pose four interconnected threats to the fate of the United States’ pluralist, constitutional democracy.
  • Although these do not apply to all rural white people, nor exclusively to them in general, when compared with other Americans, rural white people:


Let’s examine a few data points.

Xenophobia

  • That’s a lower proportion than urban and suburban dwellers and even nonwhite rural residents.
  • In addition, Cornell researchers found that rural whites reported feeling less comfortable with gay and lesbian people than urban whites do.

Conspiracism

  • Polls in 2020 and 2021 indicated that QAnon supporters are 1.5 times more likely to live in rural areas than urban ones, and 49% of rural residents – 10 points higher than the national average – believe a “deep state” undermines Trump.
  • Rural residents are also more likely than urban and suburban residents to believe the 2020 election was stolen from Trump, according to 2021 polling by the Public Religion Research Institute.

Antidemocratic beliefs

  • In addition, more than half of rural residents surveyed by the Public Religion Research Institute said being a Christian is important to “being truly American” – 10 percentage points more than in surburban or urban areas.
  • This is one of several signals that rural residents are disproportionately likely to support white Christian nationalism, an ideology that reaches beyond Christian ideas of faith and morality and into government.

Justification of violence

  • And 27% of Americans who say Trump should be returned to office even if “by force” are rural residents.
  • Those are minority views, but both proportions are significantly higher than the rural proportion of the overall population.


Thomas F. Schaller does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

The impact of regulatory changes on rating behaviour

Retrieved on: 
Tuesday, April 2, 2024
Długosz, Disagreement, Pi bond, Direct lending, Key, Research Papers in Economics, Finance Secretary (India), University of Oxford, STS, Journal of Economic Perspectives, International, American Economic Review, Life, Columbia Business School, British Academy of Management, Risk assessment, ABS, Rating, EBA, Development, Reputational damage, OBS, CRA, Bond credit rating, Cras, Journal of Monetary Economics, CDO, Becker, Paper, 2007–2008 financial crisis, Raja, University, Environment, Journal of Financial Economics, Perception, H3, Website, Securitization, Working paper, Market, Collection, Total, European Banking Authority, Quarterly Journal of Economics, BBB, Whetten, Column, ESMA, European Journal, Issuer, Asset quality, Information revolution, Federal Reserve Bank, OLS, Statistics, PDF, Private, ECB, Surety, Weighted-average life, CCC, European Commission, Social science, Journal of Financial Stability, JEL, Real, Bias, Journal, Research, Classification, Certification, Commission, Credit, The Journal of Finance, Literature, Karel Škréta, European Central Bank, AA, Finance Research Letters, Origination (telephony), Monetary economics, Section 5, Xia, Kraft Foods, Government, AAA, Mukherjee, Finance, Deku, DOI, White, Risk, IOSCO, MBS, OECD, Wang, Section 4, University Challenge 2013–14, Section 3, Ashcraft, Financial management, Accounting, Financial economics, Fannie Mae, Conference, Pressure, Central bank, Griffin, University of Michigan, Systematic review, EPRS, Freddie Mac, Loan, BCBS, Palgrave Macmillan, R2, Microeconomics, Quarterly Journal, Financial statement analysis, The Japanese Economic Review, Christian Social Union (UK), Green, University of Huddersfield, PSM, Management, Security (finance), Security, Civil service commission, Private placement, American Economic Journal, GFC, Reproduction, IMF, Small business, Trustee, Data

Abstract

Key Points: 
    • Abstract
      We examine rating behaviour after the introduction of new regulations regarding Credit Rating
      Agencies (CRAs) in the European securitisation market.
    • There is empirical evidence of rating catering in the securitisation market in the pre-GFC period (He et al.,
      2012; Efing and Hau, 2015).
    • Competition among
      CRAs could diminish ratings quality (Golan, Parlour, and Rajan, 2011) and promotes rating shopping by
      issuers resulting in rating inflation (Bolton et al., 2012).
    • This paper investigates the impact of the post-GFC regulatory changes in the European
      securitisation market.
    • In 2011, in addition to the creation of
      European Securities and Markets Authority (ESMA), a regulatory and supervisory body for CRAs was
      introduced.
    • We examine how rating behaviours have changed in the European securitisation market after the
      introduction of these new regulations.
    • We utilise the existence of multiple ratings and rating agreements between
      CRAs to identify the existence of rating shopping and rating catering, respectively (Griffin et al., 2013; He
      et al., 2012; 2016).
    • We find that the regulatory changes have been effective in tackling conflicts of interest between issuers
      and CRAs in the structured finance market.
    • Rating catering, which is a direct consequence of issuer and
      CRA collusion, seems to have disappeared after the introduction of these regulations.
    • There is empirical evidence of rating catering in the securitisation market in
      the pre-GFC period (He et al., 2012; Efing and Hau, 2015).
    • Competition among CRAs could diminish ratings quality (Golan, Parlour,
      and Rajan, 2011) and promotes rating shopping by issuers resulting in rating inflation (Bolton et
      al., 2012).
    • This paper investigates the impact of the post-GFC regulatory changes in the European
      securitisation market.
    • In 2011, in addition
      to the creation of European Securities and Markets Authority (ESMA), a regulatory and
      supervisory body for CRAs was introduced.
    • We find that the regulatory changes have been effective in tackling conflicts of interest
      between issuers and CRAs in the structured finance market.
    • Rating catering, which is a direct
      consequence of issuer and CRA collusion, seems to have disappeared after the introduction of
      these regulations.
    • Investors who previously demanded higher spreads for rating agreements for a
      multiple rated tranche, did not consider the effect of rating harmony as a risk in the post-GFC
      period.
    • Regarding rating shopping, we find that the effectiveness of the changes has been limited,
      potentially for two reasons.
    • Additionally, we also find that rating over-reliance might still be an issue, especially
      Rating catering is a broad term and it can involve rating shopping.
    • They re-examine the rating shopping and rating
      catering phenomena in the US market by looking at the post-crisis period between 2009 and 2013.
    • Using 622 CDO tranches, they also observe the existence of rating shopping and the diminishing
      of the rating catering.
    • Firstly, our main focus is the EU?s CRA Regulation and its effectiveness in reducing
      rating inflation and rating over-reliance.
    • To the best of our knowledge, this paper is the first to
      examine the effectiveness of the EU?s CRA regulatory changes on the investors? perception of
      rating inflation in the European ABS market.
    • Hence, the coverage and quality of our dataset constitutes significant addition
      to the literature and allows us to test the rating shopping and rating catering more authoritatively.
    • The following section reviews the literature
      on securitisation concerning CRAs and conflicts of interest, and outlines the regulatory changes
      introduced in the post-GFC period.
    • Firstly, ratings became ever more important as the Securities and
      Exchange Commission (SEC) 5 began heavily relying on CRA assessments for regulatory purposes
      (i.e.
    • the investment mandates that highlight rating agencies as the main benchmark for investment
      eligibility) (SEC, 2008; Kisgen and Strahan, 2010; Bolton et al., 2012).
    • issuers) as one of the main explanations for the rating inflation (He et al., 2011; 2012; Bolton
      et al., 2012; Efing and Hau, 2015).
    • Bolton et al., (2012) demonstrate that competition
      promotes rating shopping by issuers, leading to rating inflation.
    • The last phase, CRA III, was implemented in mid-2013 and involves an additional
      set of measures on reducing transparency and rating over-reliance.
    • As mentioned above, rating inflation can be caused by rating shopping
      In order to be eligible to use the STS classification, main parties (i.e.
    • The higher the difference in the number of ratings for a
      given ABS tranche, the greater the risk of rating shopping.
    • Alternatively, the impact of the new
      regulations could be limited when it comes to reducing rating shopping.
    • This is because, firstly,
      the conflict of interest between securitisation parties is not necessarily the sole cause for the
      occurrence of rating shopping.
    • L is a set of variables (Multiple ratings, CRA reported, Rating agreement) that
      we utilise interchangeably to capture the rating shopping and rating catering behaviour.
    • Hence, issuers are incentivised to report the highest possible rating and
      ensure each additional rating matches the desired level.
    • All in all, our results suggest that
      the new stricter regulatory measures have been effective in tackling conflicts of interest and
      reducing rating inflation caused by rating catering.
    • Self-selection might be a concern in analysing the impact of the
      new measures and investors? response with regard to the rating inflation.
    • This
      result is in line with the earlier findings suggesting that regulatory changes have reduced investors?
      suspicion of rating inflation and increased trust of CRAs.
    • Conclusion
      Several regulatory changes were introduced in Europe following the GFC aimed at tackling
      conflicts of interest between issuers and CRAs in the ABS market.
    • Utilising a sample of 12,469
      ABS issued between 1998 and 2018 in the European market, this paper examined whether these
      changes have had any impact on rating inflations caused by rating shopping and rating catering
      phenomena.
    • We find that the
      effectiveness of the changes has been more limited on rating shopping potentially for two reasons.
    • Tranche Credit Rating is the rating reported for a tranche at launch.

North Shore Uranium Ltd.: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

Retrieved on: 
Wednesday, February 28, 2024
Cloud, Sheraton Centre Toronto Hotel, White, NSU

White Rock, British Columbia--(Newsfile Corp. - February 28, 2024) - North Shore Uranium Ltd. (TSXV: NSU) is pleased to announce that the company will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase.

Key Points: 
  • White Rock, British Columbia--(Newsfile Corp. - February 28, 2024) - North Shore Uranium Ltd. (TSXV: NSU) is pleased to announce that the company will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase.
  • We invite our shareholders and all interested parties to join us.
  • The annual conference will take place in-person at the Sheraton Centre Toronto Hotel February 29-March 1, 2024.
  • Brooke Clements, President and CEO, will be presenting on March 1st at 2:20 PM Eastern Standard time.

White Rock, NM Named “Happiest Small Town in America”

Retrieved on: 
Monday, March 11, 2024
Los Alamos National Laboratory, Bandelier National Monument, Poverty, Travel, Jemez Mountains, Le Cordon Bleu, Manhattan Project, Foot, Marketing, Crime, History, White, Unemployment, Sunset

Los Alamos, NM, March 11, 2024 (GLOBE NEWSWIRE) -- The Travel —an online travel journal—recently named White Rock, New Mexico, the “Happiest Small Town in America” in their 2024 rankings.

Key Points: 
  • Los Alamos, NM, March 11, 2024 (GLOBE NEWSWIRE) -- The Travel —an online travel journal—recently named White Rock, New Mexico, the “Happiest Small Town in America” in their 2024 rankings.
  • “With a friendly atmosphere, tons of trails through and around town, beautiful dark skies, and unique local businesses, White Rock is a gem among small towns across America.”
    For those visiting White Rock, be sure to start your visit at the White Rock Visitor Center for maps and an overview of local activities.
  • White Rock Overlook Park – Grab your camera and prepare for stunning shots at White Rock Overlook.
  • To plan your visit or explore all there is to see and do in White Rock and Los Alamos, go to www.visitlosalamos.org .

The Minority Business Development Agency to Announce Historic Collaboration with Divine Nine Sororities and National Women’s Leadership Organizations

Retrieved on: 
Friday, March 8, 2024
Enterprise software, Woman, Growth, Commerce, White, MBDA, Organization, National Pan-Hellenic Council, Black, MOU, National Council, Face, Management

During this event, MBDA memorialized Memorandums of Understanding (MOU) with each organization to collaborate on advancing the growth of women business enterprises.

Key Points: 
  • During this event, MBDA memorialized Memorandums of Understanding (MOU) with each organization to collaborate on advancing the growth of women business enterprises.
  • “The Minority Business Development Agency is excited to collaborate with these women-led organizations to break down barriers and expand opportunities for Black women,” said Eric Morissette, performing the delegated duties of the Under Secretary of Commerce for Minority Business Development.
  • “As the fastest growing demographic of entrepreneurs, women of color continue to be a driving force for the nation’s economy.
  • The Department of Commerce’s mission is “to create the conditions for economic growth and opportunity for all communities.” Through this historic collaboration with the Divine Nine sororities and other national women’s leadership organizations, the MBDA continues to ensure economic prosperity for all American business enterprises.