Broadway’s The Color Purple Company Will Record Cast Album

first_img Related Shows Star Files Show Closed This production ended its run on Jan. 8, 2017 View Comments The Color Purplecenter_img Cynthia Erivo And in today’s least surprising news…The much-lauded The Color Purple revival has pushed da button on a cast album! The Main Stem company, including Cynthia Erivo, Jennifer Hudson and Danielle Brooks, will hit the recording studio on December 14; the album is set for release on January 29, 2016 on Broadway Records. The album is being produced by six-time Grammy Award winner Frank Filipetti.The Color Purple features a book by Marsha Norman, lyrics by Brenda Russell, Allee Willis and Stephen Bray and music by Russell and Willis. Based on the novel by Alice Walker, the tuner tells the story of Celie (Erivo), a woman who, through love, finds the strength to triumph over adversity and discovers her voice in the world. Hudson takes on the role of Shug Avery and Brooks plays Sofia.The John Doyle-helmed musical officially opened on December 10 at the Bernard B. Jacobs Theatre; his stripped-down production previously played London’s Menier Chocolate Factory, also starring Erivo. The new staging cuts approximately 30 minutes of material from the original incarnation and its producers include Oprah Winfrey.The cast also includes Kyle Scatliffe, Isaiah Johnson and Joaquina Kalukango. Jennifer Hudsonlast_img read more

Gear Review: OGIO Endurance Athletic Bag

first_imgThere’s a slightly under-the-radar bag company out there that came to my attention last Fall as I was training for long road rides. They manufacture bags for everyone from golfers to X-Games athletes, triathletes, gym rats, and your everyday type athletes too.protection_caseThe Endurance Athletic Bag collection is available in three sizes (5.0, 7.0, 8.0 and 9.0)
, but I’ve found the big daddy 9.0 is the way to go. Each piece is designed with thoughtfulness to maximize efficiency both in packing for a race or training day and also in transition zones for triathletes.Various compartments store everything from nutrition and hydration to shoes, helmet, clothing and electronics.Additional pockets built in to the 9.0 model include: changing mat compartment, nutrition organization panel, staging area hanger clip and race day checklist sleeve. There’s a very cool zippered bottom for holding a wetsuit or wet/dirty clothing. And I also really like the external water-bottle pockets.dual_waterbottleThe 9.0 can be worn as a backpack or thrown over the shoulder. Colors available include the new Gray/Electric, Magenta, Atomic, Acid, and Black. Materials are durable as one needs and expects in a performance bag like this.The bags retail for $90 – $160 and are available at sporting goods stores and online at OGIO.com.Runner lifelast_img read more

Iran’s Regime is a Threat to International Financial System, Group Says

first_imgBy ShareAmerica February 27, 2020 Iran needs to be essentially blacklisted from participating in the international financial system after the regime refused to implement restrictions against terrorist financing, an international watchdog group said February 21.The Paris-based Financial Action Task Force (FATF) had given Iran’s regime a February deadline to enact restrictions against money laundering and terrorist financing. But the regime declined to take adequate steps, and FATF is cautioning against investment.The “FATF will remain concerned with the terrorist financing risk emanating from Iran and the threat this poses to the international financial system,” the 37-member organization said in a February 21 statement.FATF noted that Iran’s regime committed to implementing reforms in June 2016 but has declined to adopt international standards. North Korea is the only other country that FATF deems “high-risk,” essentially blacklisting it from the international financial system.The United States commended the FATF action. “The regime needs to adhere to the basic standards that virtually every other country in the world agrees to,” U.S. Secretary of State Mike Pompeo said in a February 21 statement.“Iran must cease its reckless behavior and act like a normal nation if it wants its isolation to end,” he said.The United States is using economic sanctions to deny Iran’s regime the revenue it would use to fund U.S.-designated terrorist groups, such as Hezbollah and Hamas, and the regime’s own Islamic Revolutionary Guard Corps (IRGC).Iranian President Hassan Rouhani has even acknowledged that the regime’s failure to curb money laundering deters investment and called for compliance with FATF rules.But Rouhani’s call for compliance with international anti-terrorist financing standards belies the fact that he has been part of the problem. In 2019, Rouhani pulled billions from Iran’s National Development Fund to support the regime’s IRGC.last_img read more

How to optimize the return of your credit union’s investment portfolio: Part 1, the basic strategy

first_img“An investment in knowledge pays the best interest.” So said Benjamin Franklin, a guy with good judgment, common sense and who also knew a thing or two about human nature and the world in general. Knowledge about skillfully managing your credit union’s investment portfolio can not only optimize the portfolio’s return, it can help you mange your credit union’s overall interest rate risk, credit risk and liquidity risk too. And you don’t have to be Ben Franklin to do it.In this first article in an exclusive series for CU Insight on managing CU investment portfolios, I’ll summarize both the benefits and the basic steps of skillfully managing your credit union’s investment portfolio, which can limit risk and optimize the portfolio’s return so that you can better serve your members. You can likely do better than simply packing your CU’s investment portfolio with relatively low-yielding CDs and yet still limit your risk to a reasonable level. And although CDs are widely regarded as safe and insured investments, they do come with some liquidity risk. Why? Because they are intended to be held to maturity and they may carry penalties for early withdrawal. In any event, your market haircut can be significant. Holders of CDs who wish to sell them may be required to do so at a discount, particularly in a rising interest rate environment where other, higher-yielding, CDs are available to buyers.Properly managing your CU’s investment portfolio can also help with regulators. The NCUA is concerned about rising interest rates and the effect it will have on CU investment portfolios. In fact, the NCUA expressed this concern in their Economic Update video released on October 1, 2014. In it, the NCUA’s Chief Economist, John Worth, concluded by saying this about rising short-term interest rates and the resulting possibility of narrowing net interest margins for CUs:Here at NCUA, our chief concern is that credit unions are aware and prepare for this possibility. Credit unions should have a firm idea of how their income statements and balance sheets are affected by a rapid rise in short-term rates and they should have a plan for dealing with the potential consequences.As experienced CU executives know, when interest rates rise, the price of bonds fall – including bonds in CU investment portfolios. As a result, the NCUA is concerned that when rates rise, the bonds in CU investment portfolios will lose value and maybe even go underwater. If it’s any consolation, the NCUA is not the only government regulator with these concerns. According to our friends at Invictus Consulting, regulators at two recent banking conferences in California and Nebraska offered insights into the problems they are seeing at community banks. Although we all know that CU’s are regulated by the NCUA, not the OCC or FDIC as banks are, history demonstrates that regulators of CUs and banks frequently share similar concerns and focus during their respective examinations. For example, the Federal Reserve and the OCC, like the NCUA, see interest rate risk as a central issue, though credit risk is also now appearing on their radar screens. The OCC expressed some surprise at these conferences that not all community banks have chief risk officers. And in addition to interest rate risk, the FDIC said it was seeing many banks buying securities for the banks’ investment portfolios that the bankers didn’t fully understand. Many banks should perform better securities due diligence and monitor their unrealized losses, even if they are not required to hold capital against those losses. The FDIC also indicated that banks with increased interest rate risk would be more closely scrutinized. The lesson here? Properly managing your CU’s investment portfolio for optimal return with an eye to managing interest rate risk, credit risk and liquidity risk can help convince regulators (and your board members) that your CU’s balance sheet is in good hands.The basic steps for successfully managing a credit union investment portfolio are simple on the surface. Here they are:Create a plan (e.g., draft a good investment policy);Execute the plan (e.g., buy the right securities at the right price and sell the wrong securities at the right price);Monitor the portfolio on an ongoing basis (e.g., keep an eye on the credit, liquidity and interest rate risk of the securities in the portfolio);Graciously accept accolades for doing a good job (optional, but recommended).As I’ll discuss further in future articles, examiners often look to determine whether your credit union really follows its own investment policy. If you don’t follow the provisions of the policy, whether in the purchase of securities, monitoring of them or any other provision, expect to receive a request for an explanation for it from the examiners regardless of whether your credit union is legally obligated to do it. In other words, if you put it in the policy, you’re expected to comply with it. Incidentally, this applies to all policies – not just investment policies.In my next CU Insight article, I’ll explain step 1, the basics of writing an investment policy, which will be followed a third article about step 2, executing the investment policy by selecting the proper securities for your credit union’s investment portfolio – without paying an arm and a leg for them. The fourth and last article in the series will cover step 3, monitoring your CU’s investments (step 4 is up to you). In the meantime, here’s some food for thought from Warren Buffett (another guy who knows a thing or two about investing and human nature) “Investing is putting out money to be sure of getting more money back later at an appropriate rate.” Simple, right? 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,David Barnes Mr. Barnes, a licensed attorney and registered investment advisor representative (Series 65), leads the Heber Fuger Wendin team in service to their institutional and individual clients. He became a Heber … Web: www.heberinvestments.com Detailslast_img read more

For the sixth year in a row, REXPO is bringing investors to Croatia

first_imgThe International Fair of Investment Projects – REXPO 2017, during two days, on November 30 and December 1, will again in City Plaza, gather numerous participants interested in the development of public and private investment projects.The United Kingdom is a partner country of the fair, and British investors see REXPO as a platform that will enable them to be informed about investment opportunities in Croatia and to make valuable contacts that could encourage greater investment momentum. DAMAC International, a leading investor in luxury real estate in the Middle East, is coming to REXPO with the same goal.The participants will be given a presentation on the most important current Croatian infrastructure project entitled “Peljesac Bridge – an engineering masterpiece“, Maintain Marjan Pipenbaher, the main and responsible designer of the bridge, and REXPO will also host Simone Micheli, one of the most famous names in the field of architectural design in Europe. The aim of his presentation is to inspire potential investors to decide to invest in the development of luxury tourism in Croatia.The second day of the fair is dedicated to investments in tourism. REXPO HTL Day is organized in cooperation with PKF hotelexperts from Vienna, and special partners this year are Hard Rock Hotels, which announced their arrival in Croatia, ie the opening of a 4 or 5 star hotel.See the REXPO 2017 program herelast_img read more

IPE Awards Seminar: Market concentration to boost smart beta – TOBAM

first_img“The cap-weighted benchmark has never been as concentrated as it is today,” he said.In emerging markets, for example, there is a huge concentration towards financials and a second concentration towards materials and energy, he said.He questioned whether the current market therefore represented emerging markets, with financials on the one side and energy and materials on the other.With the MSCI up 31% in the year to date, Choueifaty said markets were doing well.But his firm’s smart-beta strategy will systematically increase eventual returns, he claimed, unless a highly improbable scenario occurred under which markets became fully concentrated.“It is very important to understand that, when you buy the benchmark, you are in fact saying concentration is going to increase,” he said.“Otherwise, why would you put so much money in such a low number of risk drivers like financials and energy and materials only?”Choueifaty and other panellists at the seminar on smart-beta strategies – all from asset management firms that have pioneered such methods – said they were unafraid of the business consequences of having published their formulae.“When a client understands and agrees with your methodology, he will always go with the original and not a copy,” Choueifaty said.François Millet, head of index and quantitative fund development at Lyxor, said allowing the public access to the formula did not equate to giving away the firm’s secret sauce.“Of course, we give away all of the formula, but we also have a lot of applied research – for example, how you calibrate the parameters of your portfolio, […] how you address liquidity,” he said.“There is a lot of added value no matter what we give away regarding the calculation of strategies.”Jeff Wilson, head of institutional relations at smart-beta firm Research Affiliates, said that, 10 years ago, when the firm did its research, it specifically published in order to have the material vetted by the academic community.“Our model is out there – the understanding of why the method works has given investors a lot of confidence to go with one of the pioneers rather than try to go with a new entrant into the market,” he said. Smart-beta strategies are set to give investors higher relative returns in the next few years because market-cap weighted benchmarks have now become so concentrated, according to one of the sector’s key players.Yves Choueifaty, president and chief executive of asset management firm TOBAM, told IPE: “I am sure in the coming years we are going to increase the return by a lot more than that [3%] because the markets are extremely concentrated.”The term smart beta is used to label investment techniques that use rules-based strategies rather than market-cap weighted benchmarks.After a seminar at the IPE Awards in Noordwijk, Choueifaty said that, in the past, TOBAM, with its “anti-benchmark” strategy, had been able increase the return over the market by 3% a year.last_img read more

QLD leads nation as expert urges more people to get rich slow

first_img 1. Sunshine Coast QLD He said most people did not shop, work or school in the Queensland capital’s CBD and outliers were increasingly important.“This is a very good time for people to be getting into the market compared to 12 months ago when things were flat. Twelve months later, we start the year with a whole new ballgame, people are a lot more confident, there’s evidence of markets rising, tax cuts are being put into the system, it’s easier to get loans, the whole atmosphere has changed.”The report found that over $20 billion in major infrastructure projects and private investment were recently completed, under construction or in the planning pipeline in the Sunshine Coast area, while work on the new 53ha Maroochydore CBD was underway.It said the Moreton Bay region was one of the highest-growth LGAs in Australia, because of high levels of infrastructure spending and attractive housing affordability.“This is attracting interstate migrants, first-home buyers and investors to the area, driving strong demand for housing.” National Top 10 Best Buys 2020: How to push through Brisbane’s goat’s cheese curtain 2. Badgerys Creek Precinct NSW3. City of Marion SA4. Bendigo VIC 5. Moreton Bay Region QLD More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours ago“The Sunshine Coast came out on top. Property markets arise out of what’s happening in the local economy. There are extraordinary things happening on the ground,” he said.Prices ranged from up-market Noosa and Sunshine Beach to cheaper areas like Nambour, which were also on the train line.” Mr “The other option for younger buyers starting out in their 20-somethings was apartments at Mooloolaba, Maroochydore, and Caloundra. It’s very much gentrified in recent years.”Mr Ryder said Moreton Bay LGA was a very affordable lifestyle precinct, with a rail link and “good basic infrastructure”.“The game changer for that is the university campus, the Brisbane campus being in Petrie and it’s pretty much finished stage 1 for the 2020 university year. So when you’ve got a university campus coming into your area, it creates so much demand for rentals from students. It’s that extra element coming in to the market. It’s got what we call good real estate bones.” Stunning waterways in the top end of the Sunshine Coast region at Noosa North Shore.It beat the likes of Badgerys Creek Creek in western Sydney, where the NSW’s capital’s second international airport was planned, and was also ahead of Marion in South Australia, a place which has emerged as Australia’s tech capital.Brisbane’s Moreton Bay council region also made the top 10 cut, listed in fifth place nationally as one of the best places to buy this year for future capital growth.Report author Terry Ryder of Hotspotting said the locations were the “top places for good buying in 2020 for future growth, taking a medium (three to five years) to long term view (10 years plus)”.Mr Ryder said buys like those were good for “sensible investors” who accumulate rather than buy and sell all the time. MORE: Coast units high on investor demand listcenter_img 20-75 Noosa River Drive, Noosa North Shore, is 24.69ha of residential Land that’s on the market for $2.95m.“They buy good properties and just hold on to them. That’s the secret to creating wealth. The most successful investors are those who just build their portfolio and keep adding to it, that’s the way to create substantial wealth in property investment.”Mr Ryder said “if you’re 95 years old perhaps that’s too late”, but those in their 20s would be able to retire at 50 with such a portfolio. It’s never too late. We’re living longer than before.” The stunning Mooloolaba Beach attracts holiday makers and new residents alike. Picture: John McCutcheon/Sunshine Coast Daily.A Queensland location has been named the best place in Australia to buy property to get rich slow, a strategy more investors are considering now that money is cheap.The National Top 10 Best Buys 2020 report named the Sunshine Coast as the best place in the country for capital gains wins for medium to long term investors. FOLLOW SOPHIE FOSTER ON TWITTER Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 6. Darebin LGA VIC7. Gungahlin District ACT8. City of Stirling WA9. City of Port Adelaide Enfield SA10. Orange NSW (Source: Hotspotting) Rise of downsizer market challenges first home buyerslast_img read more

OA Boys Basketball Schedule Update

first_imgThe Oldenburg Academy Boys basketball game (2-9) at Triton Central has been moved to (2/7) at Banker’s Life Fieldhouse as part of the Hoosier Invitational! This showcase will feature 8 SE Indiana teams competing throughout the day. OA will open the day as the road team vs Triton Central at 2:15 PM. Games following will feature Indian Creek and Edinburgh, East Central and Columbus North, and New Palestine and Mooresville.Discounted tickets are available through the OA Athletics office. Contact AD Nathan Dilts (812-934-4440 x. 228, [email protected]) to purchase. Adult tickets will be $12, while students age 12 and Under will be $8. Tickets will also be available at the door for the increased rate of $14 per ticket.Come out and support the OA Boys Basketball team as they participate in what is sure to be a fun and fantastic day of Southeast Indiana Basketball!Courtesy of Twisters Coach Ace Moorman and AD Nathan Dilts.last_img read more

Applications accepted for Capitol Police offciers

first_imgIndianapolis, In. — The Capitol Police Section of the Indiana State Police is accepting applications for the 29th selection process.Applicants must be at least 21-years-old, a U.S. citizen, meet minimum vision standards, have a high school diploma or equivalent and a valid driver’s license. Applications must be received by Sunday, November 12. Apply online here.The starting salary for a Capitol Police Section Probationary Officer is $39,292.00 a year.  The Indiana State Police Capitol Police Section also offers an excellent health care plan, which includes medical, dental, vision, and pharmacy coverage for both current and retired employees along with their families.  The State maintains short-term and long-term disability plans for full time employees after six (6) months of continuous employment.  As an Indiana State Police Capitol Police Officer, you are automatically enrolled in the Public Employees Retirement Fund.  The State will contribute to your retirement account.last_img read more

Walk Ons

first_imgTwo former walk-ons are doing quite well for their respective teams.  Zach McRoberts of IU transferred to IU as a walk-on.  He played his high school ball at Carmel and was an Indiana All-Star.  He originally went to Vermont University.  The junior has become an integral part of IU’s resurgence in recent weeks.Another walk-on is doing quite well at North Carolina.  He is Luke Maye.  He was forced to walk-on at North Carolina because there were no scholarships available when he graduated from high school.  He had other scholarships offers, but he preferred North Carolina so he walked-on there.  He is now the Tar Heels leading scorer.Some players either by mistakes on their part or on the universities part turn out to be valuable assets at the university level.  Some of this information came from the Indianapolis Star.last_img read more