5 questions for US painter Suzahn King

first_imgRelated posts:5 questions for Costa Rican artist Alejandro Villalobos 5 questions for Costa Rican artist Rossella Matamoros 5 questions for a Salvadoran street artist in Costa Rica 5 questions for a Canadian punk rock band in Costa Rica Suzahn King’s paintings, known for their intricate details, are currently focused on her surroundings in Costa Rica, a country she came to in the early 1990s on vacation with her husband.The couple later decided to move to Costa Rica from Los Angeles in search of paradise, and King began painting much more thanks to her love of the natural surroundings she found in her new home.“I really, really, really loved this place. I loved the weather. I loved the people,” King told The Tico Times.She has combined her love for Costa Rica with the knowledge she acquired through art studies at the Los Angeles City College, the University of California-Los Angeles (UCLA), and the Otis College of Art and Design. She never obtained a art degree because, she says, it would have meant working as an art teacher, something she did not aspire to.However, she began working with analog photography and commercial printing, and began her own fishing business. Her decisive trip to Costa Rica took place after she met her second husband, who had visited Costa Rica in 1978 and immediately fell in love with the country.Once they moved here, the couple lived in various locations including Golfito and the Nicoyan fishing village of Platanillo before ending up in Ojochal, Puntarenas.The Tico Times caught up with King, 74, via Skype to discuss her life and work. Excerpts follow.What is your process to create a piece?I do a lot of photography… My yard is quite large, so if I want to do something with a flower or a plant, I’ll walk around and I’ll pick six or seven items. Then I’ll just go: OK, this one works. It’s kind of like something in my head that feels right. Either it’s the lighting or the layout or whatever it is.A lot of times I’ll pick a small plant and turn it into a great big plant. I have a large printer where I can print a pretty good photo and then sketch my own canvases. I then decide that’s what I’m going to produce. A painting by artist Suzahn King of the Costa Rican oxen. Courtesy of Suzahn King A butcher’s shop in the street market of San José painted by Suzahn King. Courtesy of Suzahn KingHow do you combine photography and painting?Most people sit down to do a drawing, but I work off of a photograph. I might tweak it a little bit and add or delete things to it. A lot of my stuff is fairly large. I’ve got the one of an orchid that was a single, but became a double orchid because when I painted it on the canvas, it looked better as a double orchid.When I paint I don’t mix colors. I paint acrylic and generally I paint right out of the tube, so I like the intensity of the colors I get. The Duquis Ice Cream Parlos in Palmar Norte painted with acrylics by Suzahn King. Courtesy of Suzahn King A pastry shop from San José painted with acrylics by Suzahn King. Courtesy of Suzahn KingHow do you choose the color palette you’ll use for your paintings?The palette I choose is instinctual. I pick certain things that work well in shadows. A lot of times I’ll use blues and purples and highlight. I don’t really mix colors.I’m working all over the canvas. The last thing that you want to do is work in one area because then when you get done the rest of the areas might not work… [I get the] whole thing blocked in with the color, then work with the shade, shadow, light and colors. You might get all the way done and sit there and go: Hmmm, that’s not right. I need more purple and more blue here to outline the plants with another color to make them pop out at you. The farmer’s market in Uvita painted on canvas with acrylics by Suzahn King. Courtesy of Suzahn KingWhat draws you to realistic paintings?I’ve been a very detailed, realistic painter my whole life. I like the sharp edges, the highlights, and the reality. I love abstract painting, but I can’t do it. Maybe it’s because of my photography background. It takes a lot of patience, a lot of small brushes sometimes, but it’s something that I like. Fishermen in Domincal painted with water colors by Suzahn King. Courtesy of Suzahn King Hearding the cattle by Suzahn King. Courtesy of Suzahn KingHow does Costa Rica inspire your paintings?In every way [laughs]. I love the color down here. I love the people. I like their attitude. They’re friendly. They’re warm. I hope the place never changes, but I’m seeing a change all the time.I couldn’t think of any other place in the world that I would want to live, and I’ve lived in a few places. You go to some place and are like: Why didn’t I just discover this place 40 years ago? Where was I? Flowers from King’s garden in Ojochal, Puntarenas painted with acrylics. Courtesy of Suzahn King Flowers from King’s garden in Ojochal, Puntarenas painted with acrylics. Courtesy of Suzahn KingFor more information about Suzahn King’s artwork, contact her at rjcnsc@yahoo.com “Weekend Arts Spotlight” presents Sunday interviews with artists who are from, working in, or inspired by Costa Rica, ranging from writers and actors to dancers and musicians. Do you know of an artist we should consider, whether a long-time favorite or an up-and-comer? Email us at elang@ticotimes.net. Facebook Commentslast_img read more

Iran president warns Egypt against suppression

first_imgTEHRAN, Iran (AP) – Iran’s new president is calling on the Egyptian army to stop “suppressing” the Egyptian people.Hasan Rouhani’s Thursday remarks came a day after security forces stormed two sit-ins occupied by supporters of Egyptian President Mohammed Morsi, ousted in a July 3 coup. Over 500 people were killed in violence that swept across the nation.“I warn Egypt’s military that Egyptians are a great and freedom-seeking nation. Do not suppress them,” said Rouhani in a speech in parliament broadcast live on state TV. He condemned what he said was army “brutality.” The military overthrew Morsi, but police took the lead in Wednesday’s crackdown.Iranian officials have frequently spoken favorably of ousted President Mohammad Morsi, an Islamist whose year in power saw a thawing of relations between Tehran and Cairo.(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Men’s health affects baby’s health too Comments   Share   The vital role family plays in society Former Arizona Rep. Don Shooter shows health improvement New Valley school lets students pick career-path academiescenter_img Sponsored Stories Milstead says best way to stop wrong-way incidents is driving sober Ex-FBI agent details raid on Phoenix body donation facility Natural spring cleaning tips and tricks for your home Top Stories last_img read more

AirAsia X desperately seeking Sydney

first_imgAir Asia focusing on government approval to fly to Sydney Even as the Initial public offering (IPO) by AirAsia X is highly probably for next year, the airlines priority at the present time is to obtain government approval to operate flights to Sydney.AirAsia chief executive Azran Osman Rani said given the current uncertainties facing the markets the long haul budget affiliate of AirAsia is in no hurry to go public, the Sun daily reported.“It IPO is still being planned, we are getting all the work ready, now the question is when will we go public,” Mr Azran said.“With the ongoing uncertainties in the equity markets no one else is doing an IPO so why should we rush to do an IPO in a climate where investors are clearly risk adverse.”The airline’s request for government approval to fly into Sydney has been rejected since 2009 however, Mr Osman believes it has a better change now since the collaborative agreement between Malaysia Airlines (MAS) and AirAsia and Air Asia X last year.Last year, the airline reported a net profit of RM81 million on revenue of RM1.3 billion and carried 1.92 million passengers with a target of carrying 2.5 million in 2011.Air Asia X is also planning to operate flights to Beijing and Shanghai and has received approval from the transport ministry and is currently awaiting the green light from the Chinese government.Mr Azran said Sydney is a priority for the airline due to the large demand for direct flights from Kuala Lumpur to Sydney and that currently Malaysians travelling to Sydney need to travel via Singapore or Bangkok.“Today MAS flies 14 times per week to Sydney, compared with Singapore’s Changi Airport, there are 52 weekly flights connecting Singapore and Sydney, this shows that Sydney is the singularly biggest route Malaysia is losing out on a lot of demand because people are flying to Sydney via Singapore.” Source = e-Travel Blackboard: S.Plast_img read more

Social media a must for MICE

first_imgSocial media is having a significant impact on the MICE and hospitality industry, giving businesses the opportunity to “create conversations and awareness”, according to Hilton Australasia ecommerce manager Laura Bogunia.Ms Bogunia spoke with e-Travel Blackboard about the importance of adopting and implementing social media practices, considering the way in which online networks are challenging traditional business formats.“Social media is changing the way we do everything, from our shopping habits to how we interact with peers and do business,” Ms Bogunia said.The Meetings Incentives Conferences and Events (MICE) industry can take advantage of social media, using it to further engage guests and reach a larger audience than just those in attendance at events.“For events, social media marketing can be used before, during and after the event,” Ms Bogunia said.“Even after an event, social media can be used to continue to share information and begin to create interest for the next event.”Ms Bogunia said the industry is still struggling to understand how to use social media in a commercial context, yet some are learning quicker than others. “I see more and more events that are creatively and cleverly using social media to deliver great event experiences for guests and impressive event outcomes for clients,” she said.“If businesses choose not to do social media they will lag behind their competitors and peers and miss out the chance to create conversations and awareness around their business.”The number of people on social media and the influence it exerts on opinions, actions and word of mouth continues to grow and expand, not only for MICE and tourism but across all enterprises.“Any business, regardless of industry, that is looking to adopt social media marketing needs to have a solid strategy,” Ms Bogunia said. “This strategy should cover objectives, target audiences, the channels you will use, the content you will post and how you will measure the effectiveness of your social media activities.”Ms Bogunia said that focused twitter hash tags, creating communities around topic events, generating discussion and interest and ensuring all your communications channels are working together is vital.“It will no longer be an ‘if we can incorporate social media’ but a ‘how we incorporate social media’ discussion,” she said.“I see it [social media] being used in a way that goes beyond pure promotion.” Source = e-Travel Blackboard: P.Tlast_img read more

CWT launches MICE review site

first_imgSource = e-Travel Blackboard: N.J Carlson Wagonlit Travel (CWT) has launched a new private network review site, which encourages business travellers to share hotel reviews and ratings with peers.Launched this week, CWT Hotel Intel allows MICE travellers to access up-to-date information on company-complaint hotels, while also providing trusted advice from fellow business travellers.The system works by distributing an automatic email alert to business travellers after a trip, asking them to comment on their stay and requesting a rating so other travellers can read about their experience before making an informed choice. Information covered will include; room availability, hotel facilities and negotiated rates. CWT innovation leader Patrice Simon said the development on Hotel Intel was in line with current trends of increasing demand for peer group information. “Using our knowledge of how travellers use social networks for their leisure travel, we developed this exciting travel site that allows business travellers to share valuable information with their peers in a way that supports compliance with a company’s travel policy,” he said. last_img read more

Hawaiian Airlines increases Sydney services

first_imgSource = e-Travel Blackboard: N.J Hawaiian Airlines has announced it will increase capacity between Sydney and Honolulu, with an extra 26 flights on the route.Meeting demand to and from Hawaii, the extra services will takeoff from April 2013 and will include three extra flights per week between 4 April and 1 June. Utilising its 294-seat Airbus A330-200, extra services will add an extra 7,644 seats on the market.Flight HA436 will depart Sydney at 8.00 pm on Mondays, Thursdays, and Saturdays, and arrive in Honolulu early the same day, after crossing the international dateline. The return flight, HA435, will depart Honolulu on Wednesdays, Fridays, and Sundays at 10.05 am, crossing the international dateline, and arriving in Sydney at 5.40 pm the following day. Hawaiian Airlines executive vice president and chief commercial officer Peter Ingram said demand on the route is “especially strong” and extra flights would “take advantage” of capacity where it is most needed.Increased services come less than a week after the carrier launched direct flights between Brisbane and Honolulu. last_img read more

Qantas announces codeshare with WestJet

first_imgQantas has announced a codeshare agreement with Canadian carrier WestJet, offering travellers greater access across Canada, with more than 20 new routes both to and within Canada.Due to commence 15 October, the codeshare will allow customers to connect within four hours between Qantas operated international flights to Los Angeles and Honolulu and WestJet flights to Canada’s key domestic hubs of Vancouver, Calgary, Toronto and Edmonton.“This new codeshare delivers on our gateway strategy of operating to key global hubs and providing customers with access to an expanded network with airline partners based in those ports,” Qantas executive manager international sales Stephen Thompson said.“Combined with increased services and an enhanced schedule to the US, this new codeshare arrangement also reinforces our position as the carrier of choice for both business and leisure travellers to the Americas, offering seamless one-stop travel options from Australia to destinations across Canada.”The new partnership complements existing codeshare services operated by WestJet’s joint business partner American Airlines and codeshare partner Alaskan Airlines to Canada from other US gateway cities.Meanwhile, the new codeshare partnership comes on the back of Qantas’ new codeshare with China Airlines, announced last month, and follows other recent initiatives to strengthen Qantas’ presence in growth markets.Source = ETB News: Lana Bogunovichlast_img read more

WAs Rottnest Island rated number one destination to experience in Aus

first_imgAustralia’s top ten destinations to experience for 2014 have been announced following a national consumer poll conducted by leading travel experience provider Experience Oz, with Western Australia’s Rottnest Island winning the title.The national poll, now in its second year, revealed WA’s spectacular Rottnest Island as the number one destination to experience in Australia for 2014, closely followed by last year’s winner, Queensland’s stunning Whitsundays.The top ten destinations also included WA’s Margaret River and Ningaloo Reef, Northern Territory’s Uluru / Ayers Rock, Queensland’s Cairns, Sunshine Coast and Gold Coast, South Australia’s Barossa Valley and Kangaroo Island from a shortlist of 30 iconic destinations.“Rottnest Island is excited to have been voted the top Experience Oz destination by so many fans, we are working hard to ensure the Island’s naturally outstanding beauty is kept at its best all year round,” Rottnest Island Authority chief executive officer, Paolo Amaranti said.In conducting the survey, Experience Oz received just under 2,000 votes, with a number of regional tourism offices getting their local communities involved to vote.During the poll, participants were asked to consider among other factors, the overall ‘Aussie nature’ of the destination, the variety of experiences on offer, the destination’s unique geographical features and attractions and activities.While in a way it’s surprising that iconic destinations such as Sydney, Melbourne and Perth did not make the list, the poll has indicated that a number of Aussies have already experienced these capital cities and are looking towards more regional, escapist destinations to experience this year.Source = ETB News: Lewis Wisemanlast_img read more

Air New Zealand increases flight to Sunshine Coast

first_imgAir New Zealand, in partnership its alliance partner, Virgin Australia, has announced a second seasonal Sunshine Coast service to operate from December 2015 to February 2016.Air New Zealand will operate up to three weekly services between Auckland and Maroochydore on the Sunshine Coast in the peak summer months.This new season is in addition to the existing winter season from June to October.Air New Zealand chief sales and commercial officer Cam Wallace, said the new season will make it attractive for Sunshine Coast residents to hop over to New Zealand to enjoy the best of the Kiwi summer.“Our existing service has proven popular with many New Zealand holidaymakers heading across the ditch for a mid-winter getaway, while this new summer season is expected to encourage more Australians to make the trip across to visit New Zealand,” Mr Wallace said.The new service will be operated by A320 aircraft and represents an 81 percent increase in seat capacity on the route over the 2014 season.The additional seasonal service is subject to New Zealand and Australian regulatory approval.Source = ETB Travel News: Lewis Wisemanlast_img read more

Emirates Touches Down in Orlando

first_imgEmirates Touches Down in OrlandoEmirates launched its 10th destination in the United States with the start of daily nonstop passenger service between Dubai and Orlando International Airport on 1st September. A VIP delegation and a contingent of international media were aboard the inaugural flight, which carried passengers from 29 different countries to Orlando.“Our new daily service will enable Emirates to grow alongside Orlando, one of the world’s premier leisure destinations and a dynamic business centre,” said His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline & Group. “The launch of this nonstop route will bring Emirates’ unique product and award-winning service to passengers flying from Central Florida to our home in Dubai and beyond to more than 140 global destinations. Since 2004, Emirates has carried more than 11 million passengers on its U.S. flights and this new route will open up even more options for passengers travelling to Orlando. Additionally, the aircraft on this route has the capability to carry more than 17 tons of cargo in each direction every day, which will support Florida’s export market.”“Florida is on a mission to become the global leader in job creation and we are excited about the new Emirates nonstop flight between Orlando and Dubai,” said Florida Governor Rick Scott. “We welcomed more than 97 million visitors to our state last year and every 85 tourists creates another Florida job. We know our tourism industry helps grow our economy and that is why we are investing $145 million at the Orlando International Airport to expand the South Terminal Complex so we can continue to increase domestic and international air service, like the new Emirates flight.”“Emirates’ nonstop service to Orlando opens a new world of opportunity for us to pursue tourism and business exchanges with the Middle East, Africa and Asia,” said Orlando Mayor Buddy Dyer. “Business and leisure tourism is critical to Central Florida’s economy and this new direct service will make it easier for travellers to get to and from Orlando, creating new jobs and opportunities for our residents.”Emirates’ daily flight EK219, will depart Dubai at 3:50 a.m. local time and arrive in Orlando at 11:40 a.m., a flying time of 15 hours and 50 minutes. EK220 will depart Orlando International Airport Terminal B at 2:20 p.m. and arrive into Dubai International Terminal 3 at 12:30p.m. the following day, with a flying time of 14 hours and 10 minutes.“Emirates is a premier airline and this is a significant new air service route for Orlando International as it opens the gateway to the Middle East, Asia, Africa and beyond,” said Frank Kruppenbacher, Chairman of the Greater Orlando Aviation Authority. “The benefits of this new daily service will be measured both financially and culturally. The $100 million annual economic impact to Central Florida will be coupled with the potential to connect to diverse cultures of the world.”A first: One-off A380 service at Orlando InternationalOn the special occasion of its Orlando launch, Emirates dispatched its flagship aircraft – an Airbus A380 – to celebrate the milestone and meet demand for the first flight. The inaugural Emirates flight was the first A380 aircraft to touch down at Orlando International Airport. The jet features two Shower Spas and the signature Onboard Lounge, which offers passengers a space for socializing and networking over fine wines, cocktails, hors d’oeuvres and delicacies prepared by five-star chefs.Source = Emirateslast_img read more

Lufthansa and Verdi conclude longterm labour agreement

first_imgLufthansa and Verdi conclude long-term labour agreementNew collective wage agreements concluded for around 28,000 employeesUp to 6 percent pay increase for 33 monthsTerm from 1 January 2018 to 30 September 2020Lufthansa and Verdi have today concluded long-term new collective labor agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany. The new collective wage agreement provides for a total increase in remuneration of up to six percent. The collective agreement has a term of 33 months from 1 January 2018 to 30 September 2020. The agreement is subject to approval by the relevant committees.The remuneration increase is carried out in two steps: By three percent on 1 February 2018 and by a further three percent on 1 May 2019. The second increase depends on the adjusted EBIT margin specific to the business segment, whereby an increase of at least 1.8 percent is guaranteed, irrespective of the margin achieved. The collective wage agreement thus takes into account the economic development of the Lufthansa Group companies. For Lufthansa Technik employees, the first increase will not be in percentage terms, but in the form of a corresponding fixed amount. Thus, the conclusion of a claim by Verdi takes into account.With this variable remuneration model, we take into account the economic situation of our individual business segments,” says Bettina Volkens, Chief Officer Corporate Human Resources and Legal Affairs of Deutsche Lufthansa AG.The remuneration of the Group’s trainees in all business segments will be increased by 40 as Euro effective 1 February 2018 and 1 May 2019.“I am pleased that we have been able to conclude a long-term collective agreement with Verdi for our largest group of employees. We have thus achieved collective bargaining peace for all major Lufthansa employee groups in Germany,” says Bettina Volkens.Source = Lufthansalast_img read more

Emirates to launch A380 services to Osaka Japan

first_imgFrom 28th October, A380-operated flight EK316 will leave Dubai (DXB) every day at 0305hrs and arrive in Osaka (KIX) at 1655hrs. The return flight, EK317, departs Osaka at 2335hrs and lands in Dubai at 0545hrs the next morning (all times are local).Emirates to launch A380 services to Osaka, JapanDaily A380 service effective 28th October – two of three Japanese gateways will be served by the iconic Airbus flagshipEmirates, the world’s largest international airline, will introduce regular scheduled commercial Airbus A380 services to Osaka (KIX) in Japan on 28 October 2018*. The deployment of the double-decker aircraft represents a capacity increase of 38 percent, and means that travellers will enjoy the comfort of an A380 to and from two Japanese gateways, as the flagship aircraft already operates daily from Narita International Airport. The A380 will replace the 777-300ER aircraft currently operating on the EK316/EK317 service to and from Osaka.The Emirates’ Airbus A380 aircraft serving the Dubai-Osaka route will offer a total of 489 seats in a three-class configuration, with 399 spacious seats in Economy Class, 76 fully flat-bed seats in Business Class and 14 First Class Private Suites. Emirates flights to and from Japan cater to the needs of Japanese travellers with Japanese-speaking cabin crew on board. Emirates award-winning entertainment system, ice, offers up to 3,500 channels of audio and visual entertainment, including live TV and more than 100 channels of Japanese content, movies, TV shows and music. Emirates customers can enjoy a generous baggage allowance, with 50kg for First Class, 40kg for Business Class and up to 35kg for Economy Class passengers.First Class customers on Emirates flights to and from Japan can experience traditional Kaiseki (multi-course meal) cuisine and Business Class customers have the option of a traditional bento box. Emirates is the first Middle Eastern airline to serve Kaiseki-inspired meals on board. The Emirates A380 is also renowned for its First Class Shower Spas as well as the Onboard Lounge for First and Business Class passengers, the most popular social spot at 40,000 feet.This year marks the 10th year of Emirates’ A380 operations. With a fleet size of 103, and with 59 additional aircraft on order, Emirates is the largest Airbus A380 operator in the world.As Osaka becomes the latest destination on Emirates’ global network to be served by its highly popular A380 aircraft, passengers travelling from the Kansai region in Japan can enjoy a seamless A380 experience to popular destinations via Dubai, including London, Moscow, Mauritius, Paris, and many more.Rich in history, the Kansai (West) Region is home to many well-known attractions like Arima Onsen – one of the famous and oldest hot springs and Nara, the former historic capital. Visitors can also admire historical landmarks including UNESCO world heritage sites such as Himeji Castle which can be reached in around 20 minutes by Japan’s famous bullet train, the Shinkansen. The region is also known as the birthplace of many traditional art forms such as the art of flower arrangement, Ikebana.Osaka is one of seven prefectures in the Kansai region which forms the core region of western Japan. Osaka is also the gateway to Kyoto, Japan’s ancient capital. From Osaka airport, Kyoto is only 75 minutes by train and the International Port City Kobe from where the famous Kobe Beef is derived, can be reached in just over an hour by limousine bus from KIX airport. The arrival time of the service also allows passengers to take advantage of onward domestic flights to destinations such as Fukuoka, Chitose and Okinawa.From 28th October, A380-operated flight EK316 will leave Dubai (DXB) every day at 0305hrs and arrive in Osaka (KIX) at 1655hrs. The return flight, EK317, departs Osaka at 2335hrs and lands in Dubai at 0545hrs the next morning (all times are local).Emirates Skywards, the award-winning loyalty programme, offers four tiers of membership – Blue, Silver, Gold and Platinum – with each membership tier providing exclusive privileges. Emirates Skywards members earn Skywards Miles when they fly on Emirates or partner airlines, or when they use the programme’s designated hotels, car rentals, financial, leisure and lifestyle partners.Japan Airlines (JAL) is an Emirates partner-airline and Emirates Skywards members can earn and spend Miles on flights across its network. Skywards Miles can also be redeemed for an extensive range of rewards, including tickets on Emirates and other Emirates Skywards partner airlines, flight upgrades, hotel accommodation, excursions and exclusive shopping.Emirates started operations to Japan in 2002 and currently operates one daily flight from Narita, Haneda and Osaka airports to Dubai.*Subject to Government approvalSource = Emirateslast_img read more

ICBA Makes Case for Community Bank Exemptions Under CFPB

first_img September 13, 2012 461 Views in Data, Government, Origination, Servicing Agents & Brokers Consumer Financial Protection Bureau ICBA Investors Lenders & Servicers Processing Service Providers 2012-09-13 Esther Cho Community banks should be exempt from pending regulations on high-cost mortgages since they were not responsible for the mortgage crises, the “”Independent Community Bankers of America””:http://www.icba.org/ (ICBA) stated in a release. [IMAGE]In July, the “”Consumer Financial Protection Bureau””:http://www.consumerfinance.gov/ (CFPB) announced it was proposing rules for high-cost mortgages, which would be determined based on interest rates, points and fees, or prepayment penalties. The proposals for high-cost mortgages include a ban on prepayment penalties and a general ban on balloon payments. Late fees would be capped, and there would be restrictions on charging fees when consumers ask for a payoff statement. [COLUMN_BREAK]In addition, consumers would be required to receive housing counseling before taking out a high-cost mortgage. In a comment letter to the CFPB, ICBA made the argument that community bank portfolio loans should be exempt so they can maintain a position in the mortgage market. “”ICBA understands the intent of Congress to further regulate the mortgage industry to prevent these abuses from occurring in the future and further stabilize the housing market,”” ICBA wrote in the comment letter. “”Nevertheless, the reality is that more stringent and complicated mortgage requirements will further stymie the housing market and community banks’ flexibility in providing mortgage loans to their customers.””In the letter, ICBA also said the CFPB’s definition of points and fees is too broad and should be clarified for open-end and closed-end credit. In addition, the group suggests allowing financial institutions to correct unintentional violations to avoid the expense and burden of litigation for accidental errors. ICBA also argued for balloon payment loans if they’re held in portfolio until maturity, stating, “”Community bank balloon payment mortgage loans are low-risk loans that community banks have used to serve the unique needs of their customers for decades.””center_img Share Community banks should be exempt from pending regulations on high-cost mortgages since they were not responsible for the mortgage crises, the Independent Community Bankers of America stated in a release. In July, the Consumer Financial Protection Bureau announced it was proposing rules for high-cost mortgages, which would be determined based on interest rates, points and fees, or prepayment penalties. The proposals for high-cost mortgages include a ban on prepayment penalties and a general ban on balloon payments. Late fees would be capped.,ICBA Makes Case for Community Bank Exemptions Under CFPBlast_img read more

House Bill Amends Truth in Lending Act

first_img in Daily Dose, Featured, Government, News House Bill Amends Truth in Lending Act July 24, 2018 720 Views House Financial Services Committee mortgage Truth in Lending 2018-07-24 Radhika Ojhacenter_img The House Financial Services Committee advanced seven bills on Tuesday. Among them was the Mortgage Fairness Act of 2017 (H.R. 2570), that amends the Truth in Lending Act. The new bill clarifies that points and fees in connection with a mortgage loan do not include certain compensation amounts already taken into account in setting the interest rate on such a loan.The bill was introduced by Representative Bill Posey of Florida and was passed by a vote of 34-22.  The bill aims to ensure that points and fees for mortgage loans do not include certain compensation amounts already taken into account in setting the interest rate on such a loan.Among the bills passed by the committee today was also the Financial Technology Protection Act (H.R. 5036) that aims to establish an independent Financial Technology Task Force that would improve coordination between the private and public sectors to research and develop legislative and regulatory proposals to decrease terrorist and illicit use of new financial technologies, including digital currencies. This bill was passed unanimously by the committee.“Today, we meet to consider seven important bills… to help the lives of everyday Americans and help protect our financial system,” said Committee Chairman Jeb Hensarling (R-TX) in his opening statement before the committee began deliberations on these bills.The committee also passed the Fostering Stable Housing Opportunities Act of 2017 (H.R. 2069), which was introduced by Representative Mike Turner and updated the definition of “families” to include minors who are aging out of foster care so that they are eligible to receive Section 8 housing assistance as a distinct group under the U.S. Housing Act of 1937. This amendment was passed by a vote of 34-23.Some of the other important bills passed by the House committee included the Homeless Children and Youth Act of 2017; Bank Service Company Examination Coordination Act of 2017; State Insurance Regulation Preservation Act; and Improving Strategies to Counter Weapons Proliferation Act Sharelast_img read more

August 01 2018

first_imgAugust 01 , 2018 USDA gives green light to gene-edited, virus-resis … U.S.: Autumn Glory apples gain ground in February … You might also be interested in “During this time, Zest Labs’ proprietary information and trade secrets were shared with Walmart, including members of Walmart’s executive leadership team,” he said.”On March 1, 2018 when Walmart announced its Eden solution, we were surprised and concerned by how similar the description was to Zest Fresh.”This concern led to the action we have taken today, which was to file a lawsuit with the federal district court in Arkansas claiming that Walmart has violated the Arkansas Trade Secrets Act and the federal Defend Trade Secrets Act.”He added: “We believe strongly in the need to protect our intellectual property, recognizing the importance of preserving the value to our shareholders and customers.””We are asking the court for over $2 billion in damages, based in part on Walmart’s claim in their March 1, 2018 announcement that Eden will provide that measure of benefit to Walmart over the next five years.”center_img The U.S. says it will refuse conditions on tariff … Opinion: Foretelling the Mexican mango season wind … Zest Labs and its parent company Ecoark Holdings (OTCQX: ZEST) have filed a complaint against Walmart, seeking US$2 billion in damages.The lawsuit, filed in the U.S. District Court for the Eastern District of Arkansas, is for “violation of the Arkansas Trade Secrets Act, violation of the federal Defend Trade Secrets Act, unfair competition, unjust enrichment, breach of contract, breach of the covenant of good faith and fair dealing, conversion and fraud.”Zest Labs developed Zest Fresh, a technological solution that reduces food waste by tracking produce’s freshness along the supply chain in real-time and routing pallets accordinglyThe company’s CEO Peter Mehring said that Zest Labs had engaged with Walmart starting in 2015 to demonstrate the value of Zest Fresh.last_img read more

March 26 2019

first_imgMarch 26 , 2019 U.S. table grape import season “interesting and un … Peru expecting 8% uptick in citrus exports … He said that market prices are lower this year as a result of the higher volume – a similar situation to what was seen in 2018, which also saw greater supplies than the previous season.The season is expected to run until June, with peak volumes in February and March. But increasing overlap with Turkey, India and Israel have impacted Peruvian growers’ returns, he said.Peruvian exporters are therefore looking to diversify their market portfolio and have their sights set on Asia.”At ProGranada we have been working alongside [phytosanitary watchdog] Senasa to be able to enter new markets. In 2017 the U.S. opened, and last year Brazil,” he saidIn March a Chinese delegation will arrive to carry out inspections with view to opening up the market to Peruvian exporters. The industry is also working to open Japan, South Korea and Mexico.”In total we are working to open up more than 15 markets,” he said. South Africa: Maluma Symposium to draw larger inte … center_img You might also be interested in Peruvian avocados: Greater early-season volumes ma … Peru is expecting to increase its pomegranate exports by 40% year-on-year this season, which would bring total volumes to around 50,000 metric tons (MT), up from 34,259MT.Sandro Farfán, general manager of ProGranada Peru, told FreshFruitPortal.com that by week 10 the country had exported around 11,000MT, which is 43% higher than the same week last year.”There has been strong growth and Peru consumes very little quantities of pomegranates at the local level. Basically everything that is produced by growers affiliated with ProGranada is for export.”Around 60% of the fruit goes to Europe, followed by Russia and Canada. “Those are basically the three main markets,” he said.Farfán attributed the rising production to a growing number of planted hectares as well as the increasing maturity of the trees in various production regions, which he said led to the peak volume weeks arriving earlier this season.last_img read more

Helen Parker has been appointed to the position of

first_imgHelen Parker has been appointed to the position of Manager, Regional Conferencing, for Destination NSW, effective 17 July.She has an extensive and impressive background in conference sales, event management and stakeholder engagement having worked for the Royal Agricultural Society, the Starlight Children’s Foundation and most recently at Fairfax Events.DNSW CEO Sandra Chipchase said, “Helen impressed the interview panel with her knowledge of regional NSW industries and the key linkages to developing conferencing opportunities for rural and regional areas. Her track record of success in business development and desire to make a difference for NSW to grow this important sector of the visitor economy are just some of the key attributes Helen will bring to the role.”Parker will report to Stephen Mahoney.IMAGE: Tathra/DNSW CREDIT:@tathrabeach ptsudio appointmentsDestination NSWlast_img read more

Gold Coast The package includes return economy cla

first_imgGold CoastThe package includes return economy class airfare to the Gold Coast, five nights at the 4-star Mantra Towers of Chevron in a 1 bedroom apartment and return airport transfers.From $759* per person twins share ex Adelaide, $659* per person twin share ex Melbourne, $1069* per person twin share ex Perth or $579* per person twin share ex Sydney.The hot deal is valid for sale until 30 September, 2017 for travel from 1 February to 22 March, 2018.*Prices are subject to change and availability.Cairns-Sydney Food & Wine Cruise (no single supplement)An 11 night food and wine cruise from Cairns to Sydney on Le Lapérouse saving 25%, plus solo travellers pay no single supplement fee, on this luxury voyage. Stopping at Lizard Island, Willis Islands, Hardy Reef, Percy Island, Lady Musgrave Island and Brisbane, there are opportunities for zodiac excursions, relaxing on white sand beaches and snorkelling in crystal clear waters.From $6269* per person for a Deluxe Stateroom, the package includes an 11-night food and wine themed 5-star cruise with all main meals and entertainment onboard and complimentary drinks including fine wines, champagnes and spirits.Departing Cairns on 28 January, 2019, the cruise is valid for sale until 30 September, 2017 unless sold out prior.*Prices are subject to change and availability. dealsFlight CentreQueenslandlast_img read more

After the game Whisenhunt said Kolb had trouble pu

first_imgAfter the game Whisenhunt said Kolb had trouble pushingoff the foot. Turf toe is one of those injuries that can keep a playerout of the lineup, or, at the very least, seriously affectone’s performance.As for Kolb’s status going forward, Whisenhunt said thatwon’t be known until later in the week.“Those things, you just don’t ever know,” he said Monday.“We’ll have to see how it responds to treatment.“I know it was a little swollen, black and blue, we’ll seehow it responds as we progress this week.”Kolb is taking the injury day-by-day saying an injury likethis is different for every position. “I think every one of them is a little bit different,”Kolb said. “Right now just try to get the swelling out andrelieve the pain a little bit and as the week goes ongetting more and more movement and seeing what my bodyallows me to do.” It was only a matter of time before Kevin Kolb came uphobbling.The quarterback has been sacked 24 times — second most inthe NFL — and has been hit on countless other plays. Sunday, in Baltimore, Kolb suffered what head coach KenWhisenhunt described as a “turf toe” injury in the firstquarter, and played with it the rest of the game. He wassacked six times in total.“We did some things to help with the pain a little bit andjust to gut it out and try to come out with the victory,”Kolb said. D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Top Stories 0 Comments   Share   last_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Andy Reid will not be interviewing with the Arizona Cardinals Thursday. No one else will be, either, according to Arizona Sports 620’s Kyndra de St. Aubin.Heard from Cardinals that NO interviews schedule today.— Kyndra de St. Aubin (@Kyndra620) January 3, 2013 Top Stories Comments   Share   Former Cardinals kicker Phil Dawson retires CBS Sports’ Jason La Canfora tweeted something similar earlier in the day, citing the Bidwills’ Fiesta Bowl commitments as a reason for inaction. The game, which will be played Thursday night at University of Phoenix Stadium in Glendale, is pitting Oregon against Kansas State.center_img Of course, that does not mean the Cardinals won’t be doing anything coaching-search related. As de St. Aubin later reported, candidate Ray Horton will be with Cardinals president Michael Bidwill at some point Thursday.Hearing that Horton and his family have been invited & will sit in Bidwill’s suite w/ Michael for Fiesta Bowl tonight— Kyndra de St. Aubin (@Kyndra620) January 3, 2013 Derrick Hall satisfied with D-backs’ buying and selling Reid was originally scheduled to leave for AZ on Wed. The Bidwells tied up with Fiesta Bowl obligations so difficult to do much there 2day— Jason La Canfora (@JasonLaCanfora) January 3, 2013 Grace expects Greinke trade to have emotional impactlast_img read more