Germany’s Allianz Drops Insurance for Coal Plants, Mines

first_imgGermany’s Allianz Drops Insurance for Coal Plants, Mines FacebookTwitterLinkedInEmailPrint分享Deutsche Welle:Munich, Germany-based Allianz Group announced on Friday that it would refuse insurance coverage of coal-fired power plants and coal mines with immediate effect and would aim to get rid of all coal risks in its business by 2040. In addition, Europe’s biggest insurer said it would stop investing in companies that do not cut their greenhouse gas emissions.“We want to promote the transition to a climate-friendly economy,” said chief executive Oliver Bäte, adding that the company wanted to get “even more serious on global warming.”For the time being though, Allianz will continue to insure energy sector companies that produce from “multiple sources,” including renewables, but also coal and other fossil fuels. With those clients Allianz wants to “work closely together” to develop low-carbon alternatives.The new policy comes after Allianz announced in 2015 a shift in its investment policy, divesting all assets in its €664 billion ($794 billion) portfolio which generate more than 30 percent of their revenues from coal. According to company figures, the insurer has since removed stakes worth €225 million under the program.Allianz’s European competitors, including Axa and Zurich, have also put climate-saving policies in place, making it harder for coal companies to buy insurance for their operations. But Allianz claims that it’s going one step further by pulling cover from existing coal projects. Its moves were designed to support a “systemic process” to get out of carbon, said CEO Bäte.More: Allianz Stops Insuring Coal Companieslast_img read more

NY Islanders Eye Possible Move to Elmont

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York By John DundonSome prominent sports executives are reportedly in talks with the New York Islanders’ owners about funding the construction of a new arena for the NHL team at Belmont Park in Elmont.Potential investors include Sterling Project Development, Madison Square Garden Co. and private equity firm Oak View Group, Bloomberg reported Friday. Sterling is owned by the Wilpon family, who also own the NY Mets, while MSG is run by the Dolan family, who also own the NY Rangers and the NY Knicks. The news follows recent reports that Nassau County Executive Ed Mangano met last fall with Islanders’ ownership to discuss the team returning to the newly renovated Nassau Veterans Memorial Coliseum.“The public has been loud and clear that they do not want taxpayer dollars used to fund a sports team, and I believe the Islanders can return to their real home at the new Nassau Veterans Memorial Coliseum without taxpayer dollars,” said Mangano, who pleaded not guilty to federal corruption charges in October. “While it’s certainly an interesting proposal for the Rangers to take ownership in the arena of an arch-rival, it would at least bring the Islanders back to Nassau County.”The Islanders and Madison Square Garden Co. declined to comment. Sterling Project Development and Oak View Group did not respond to requests for comment.National Hockey League rules permit the owner of a team to have a hand in another team’s arena, so long as that owner has no say in the day-to-day operations of the other team.Reports surfaced last month that the Islanders appear to be preparing to leave the Barclays Center in Brooklyn, where they moved in 2015. Forrest City Ratner, whose subsidiary is renovating the coliseum and will operate it after it reopens in April, also owns the Barclays Center.The renovations to the coliseum have cut the seating capacity to 13,000 for hockey games, which would be too small to house an NHL team by the league’s current standards. According to sources cited in Bloomberg’s original report on the Isles leaving Barclays Center, team ownership does not see a return to the Uniondale arena as feasible at this time.Reports surfaced last year that the Isles were in talks with the Wilpon-backed Sterling Project Development in regards to building an arena on the Citi Fields grounds in Flushing. For now, attention seems to be focused on Belmont Park in Elmont. The property at Belmont is currently owned by the New York Racing Association and had been eyed for years as the potential home to a soccer stadium for the New York Cosmos.One thing that Belmont has that the coliseum doesn’t: a Long Island Rail Road station. Yet the move to the Barclays Center already turned Isles fans’ game-time commutes from a relatively quick drive on the Meadowbrook State Parkway into an hour-long train ride, with a change at Jamaica station depending on the rail line, or a congested rush-hour drive into Brooklyn.Although the move from Nassau to Brooklyn has made it considerably more difficult for LI-based Islanders fans to see their team play live, many of the team’s most loyal fans re-upped their season ticket plans when the team was bounced from Nassau.A passionate fan base has done little to improve the Islanders ticket sales. The team currently ranks second to last in the NHL in average home attendance.“I really just want the arena drama to be over and know where I’ll be able to watch home games for the next 25 years,” said Dan Hodgkiss, who’s had an Islanders season ticket subscription since 2011. “The Isles’ getting a new arena would fix that, so I’m all for it.”last_img read more

Forget the prenup: Why you may need a postnuptial agreement

first_img1. The BasicsA postnuptial agreement is a legal contract signed after a couple enters a civil union or marriage. It dictates how the couple’s financial affairs and assets will be divided in the case of divorce or separation. In it you can spell out the division of all property acquired individually and together from both before and after you said your vows. This document can also include details about incurring debts and spousal or child support. (It can even address things like division of labor at home.) continue reading » by: AJ SMITH, Credit.comGetting married is exciting. But in between the bouquet, dress and venue choices, it’s important to remember that it has some serious financial ramifications. Some couples like to keep their money completely separate while others are comfortable combining all funds. No matter your and your partner’s style, it can be a good idea to consider the consequences if the relationship doesn’t last. Even if you do not have a prenuptial agreement in place before you tie the knot, you can sign a postnuptial agreement for similar reasons afterward.More From Credit.com: What Happens to Your Credit When You Get Married ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

CUNA gains 78 new members

first_imgAs of Oct. 9, CUNA had gained 78 new members, according to Vice President of Member Relations and Strategic Development Jeff Carpenter.In an interview with CU Times, Carpenter also said of the 78, 14 were state-chartered credit unions and 64 had federal charters.CUNA’s total membership was 5,245, marking a 1.5% annualized gain. Additionally, that figure represents 85% of all credit unions, he said. continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

3 easy moves to make your money last your lifetime

first_imgSaving for retirement was easier in yesteryear, when many workers had pensions to look forward to — and lived shorter lives, too, requiring less in the way of retirement savings. Here in 2016, though, relatively few people have pensions, and life spans have lengthened. So, how can you make your money last through your entire lifetime? Here are three suggestions.Brian Feroldi: The best way to ensure your nest egg lasts for as long as possible is to cut down on your monthly expenses. One of the biggest costs we all face is keeping a roof over our heads. If you’re able to reduce what you spend on housing, it will be far easier for your money to last a long time. That’s why I’m a big believer in paying off your mortgage early — especially before you reach retirement age.Sadly, a recent report from the Consumer Financial Protection Bureau shows that an increasing number of seniors are choosing to retire while they still carry debt on their house. In 2014, an estimated 30% of retirees were still paying off a mortgage, up from 22% in 2001. Retirees in this situation can have trouble continuing to make their payments when their income drops, as it typically does in retirement. continue reading » 29SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

GoFundMe for CHOW surpasses goal in 1 day

first_img“It just floored me, it has been a great overwhelming experience that we can help out those in the area who are struggling because of the virus,” said Oliva. “In her discussion she [Rachel Murat] mentioned how shes delivering food for CHOW.” said Oliva, she continued “She talked about how some families are facing challenges in the area, how some children were going without food and that tugged on my heart.” JOHNSON CITY (WBNG) — Karen Oliva, A computer programmer in Broome-Tioga BOCES’ regional information center (RIC), launched a GoFundMe campaign to raise money for CHOW. Oliva created a GoFundMe campaign and set the goal at $500, after she shared it to her teams group, the campaign exceeded its goal by the afternoon. One anonymous donor gave $500. Filling a need for a local food distributor, CHOW went from serving 5,000 people a day to serving 27,000 people per day. That’s when Oliva sprang into action. The campaign is now clocking in at $2,230 raised. CHOW says they can feed five people for every one dollar donated, a donation like this is huge. If you would like to support the cause you can either mail a check to CHOW or go here to contribute to the GoFundMe campaign. During one of these calls was a special guest New York Teacher of the Year Rachel Murat. While Oliva has been working remote, her department has been having Microsoft Teams meetings.last_img read more

DWTS’ Lindsay Arnold Reveals Her, Sam Cusick’s Daughter’s Name

first_imgMom’s chosen a moniker! Lindsay Arnold revealed her infant daughter’s name on Wednesday, November 4.The Dancing With the Stars pro, 26, announced that her newborn’s name is Sage Jill Cusick in an Instagram post featuring three photos of her daughter.- Advertisement – – Advertisement – “We could not be more in love with her and feel blessed beyond words to be her parents,” Arnold wrote. “She entered this world on the same day that we lost Sams beautiful mother just one year ago and we couldn’t help but see God’s hand in this and know that Sage was handed down to us by her beautiful angel grandmother, Jennifer Jill Gillette Cusick. Thank you all so much for the love and support you have sent our way.”Arnold gave birth to her and Sam Cusick’s baby girl on Monday, November 2, via C-section. “The most beautiful surprise on this very special day. Baby Girl and mama are healthy and well,” the Utah native wrote via Instagram at the time. “More details to come but wanted to share this first pic of our little family.”The So You Think You Can Dance alum received supportive comments from her DWTS costars, from pregnant Witney Carson to new dad Artem Chigvintsev. “My heart! She’s so perfect in every way! SO SO HAPPY FOR YOU TWO! I can’t wait to snuggle her!!!!!!!” the Emmy winner, 27, wrote, while the Russian dancer, 38, commented, “Omg congratulations. So so beautiful.”- Advertisement – Her initial symptoms were “very tough,” Arnold exclusively told Us Weekly two months later. “Right now, I’m at 21 weeks and I am feeling great. I feel like the first 12 weeks, people don’t joke, you don’t feel like yourself. There are so many things changing. I had a bit of nausea. I was always tired.”She and her high school sweetheart tied the knot in June 2015 in Utah and previously maintained a long-distance marriage while she filmed DWTS.Dancing With The Stars Lindsay Arnold Reveals Her and Sam Cusick Newborn Daughter NameLindsay Arnold and Sam Cusick Courtesy Lindsay Arnold/Instagram“He would fly out on the weekends, stay for the show, have to fly back right after the show to get back for work,” the dancer explained to Us in July. “That was pretty much the only time we got to see each other was on show days at my trailer.”Listen to Us Weekly’s Hot Hollywood as each week the editors of Us break down the hottest entertainment news stories! Arnold went on to post an Instagram Story photo of herself breast-feeding the newborn, writing, “Late nights with baby girl. I love her so much. 1:47 a.m.”The season 25 winner revealed her pregnancy news in May. “Ohhhhh baby,” Arnold wrote via Instagram at the time. “Mom and Dad love you already. #November2020.”- Advertisement –last_img read more

Condor ends with traffic to Split

first_imgThe company is the last flight on line Hannover – Split performed on Sunday, August 30, and the same is no longer on offer in this year’s summer flight schedule. Condor has also announced its preliminary flight schedule for next year’s summer season and it has announced the three mentioned routes to Split Airport. So far, no resumption of traffic to other airports in Croatia has been announced. Before the outbreak of the pandemic, this leisure airline regularly flew from German airports to Rijeka, Zadar, Split and Dubrovnik, but in this year’s summer flight schedule, Condor flew only to Split Airport. Line Split – Dusseldorf it operated twice a week, on Fridays and Sundays, and the last flight on this line was announced for Sunday, September 13th. On the route from Frankfurt, the company also has two direct flights on sale in October (October 11.10 and October 25.10), but the probability that these flights will be canceled is high, Croatian Aviation points out. Source: Croatian Aviation / Photo: Condor Condor, a German leisure airline, will end its operation in September towards the only destination in Croatia this summer season – Split Airport. The Frankfurt-Split route has two flights announced in October, but the probability of their realization is quite small, Croatian Aviation points out.last_img read more

Trinity Park proves popular for boaties, anglers and families

first_imgHolly Stewart, holding Yogi, and Amanda Rastall holding Leo, at Trinity Park. PICTURE: JUSTIN BRIERTYA BOAT owner’s dream sitting beside a popular school, golf club and fine restaurants on Cairns’ Northern Beaches.What’s there not to like about Trinity Park? The rise of the Bluewater residential estate over the past decade has brought an air of esteem to the suburb, which lies between Trinity Beach and Yorkeys Knob.Moving from a Cairns City apartment to a Bluewater house in 2009 has proved a prudent life decision for Janine and Michael Bowmaker.“Michael had battled cancer and we just wanted a change of lifestyle,” Mrs Bowmaker said.“We went to have a look at some homes one Sunday and saw people pushing their prams and drinking wine.“We thought – this looks like a great place to live!”They haven’t looked back since, with their son Jackson now attending Trinity Park’s Holy Cross Catholic School.“There is such a great atmosphere here, we have 14 kids living on our street, and we always get together with our neighbours on weekends,” Mrs Bowmaker said. More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days ago“We have made some excellent friendships here over the years.”She said Trinity Park would most likely be her family’s long-term home.According to CoreLogic, the average house price at Trinity Park was $440,000 as of January this year.Trinity Park local and real estate agent Nathan Shingles, of FNQ Hot Property, was upbeat about the suburb’s property market.A new suburb record was recently set for “non-waterfront” properties when a stylish home at 32 Iridescent Dr settled for $973,000.“This shows that southerners are seeing good value in the top-end suburbs of Cairns,” Mr Shingles said. “Over the last few years there has been an increase in value at Trinity Park overall, including non-waterfront properties.“And people know that Bluewater is one-of-a-kind, and there are only a handful of waterfront blocks left for sale, so prices will go up – it’s just supply and demand.” CoreLogic shows that 73 houses were sold at Trinity Park during the 12 months to January.last_img read more

Construction has started on a new $4m Gold Coast leisure centre

first_imgThe centre will be next to a park. The centre will have a lap pool.“As The Surrounds is not being created under a body corporate model, Villawood will look after the financial implications of the maintenance requirements for the complimentary period.”Local councillor William Owen-Jones said the centre was a good example of how developers could build estates that also engaged the community.He and Villawood Properties state manager of development Michael Williams turned the first sod at the site today.It is expected to be finished in mid-2019. Construction is due to start on the $4 million leisure centre at The Surrounds in May, 2018.CONSTRUCTION has started on a $4 million leisure centre for Helensvale.Villawood Properties is building the centre within its new residential development, The Surrounds.The centre, which was designed by Gold Coast architecture firm BDA, will have a 3500sq m footprint.A cafe, lap pool, fully equipped gym and change rooms are just some of the facilities it will offer.center_img More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoVillawood Properties state manager of development Michael Williams and local councillor William Owen-Jones turned the first sod at the site today.Villawood Properties executive director Tony Johnson said it would be built beside The Surrounds Central Park and within walking distance of every home.“The leisure centre is being built primarily for the amenity of The Surrounds residents, who will be entitled to two years’ complimentary use of the entire centre,” he said. “Eventually, it will be an independently-owned and operated facility. last_img read more