Late Saturday night, Drake unexpectedly dropped a 22-track “playlist” called More Life, with guest appearances from Kanye West, 2 Chainz, Young Thug, and so many more. In the More Life tune “Lose You,” the one-time Degrassi actor-turned-chart-topping-rapper includes a line that shouts out Grateful Dead members Jerry Garcia, Bob Weir, and Mickey Hart!Give the track a spin, and listen closely for the “grateful” name drop:I’m just takin’ what God will give me Grateful like Jerry, Bob and Mickey Better attitude, we’ll see where it gets meHearing Grateful Dead references in pop culture is generally exciting. Whether or not Drake chose that line (or even wrote it) for reasons beyond a perfect rhyme, we’re still happy to see that artists outside the jam band scene are turning on their love lights. From the Haight to the Six, the music never stops. Check it out:
A Porsche destination station for electric vehicles with the help of an 11 kW charger takes a few hours to fully charge the car. The Type 2 model located within the Esplanade Hotel offers the possibility of charging all European hybrid and electric vehicles, which gives it additional importance due to the numerous brands of vehicles that can be charged there. There are currently 49 Porsche charging stations in Europe in 12 different countries. After the installation of this first station in Porsche Center Zagreb, they believe that given the growing number of existing hybrid vehicles in the Republic of Croatia and the rapidly growing trend of advanced hybrid technology, the installation of many other charging stations throughout Croatia can be expected soon. RELATED NEWS: This service proves once again that the Esplanade is at the very top of the hotel, which, following the latest trends in the luxury services market, strives to exceed the expectations of its guests and offer a different experience of staying., said Ivica Max Krizmanić, General Manager of the Esplanade Hotel, adding: “To support our guests who strive to live sustainably, and have a Porsche or some other brand of hybrid or electric vehicle with a European connector, we decided to set up a charging station within the hotel – free of charge for our guests. Practice has shown that guests react enthusiastically to such innovations, and the introduction of new trends in the provision of luxury services is a way of doing business that we are especially proud of. Since we have already installed Tesla destination chargers, we hope that soon only ‘green’ tin pets will be in our parking lot.’said Max Krizmanic. TESLA CAR OWNERS IN ESPLANADE CAN CHARGE THEIR ELECTRIC VEHICLE FOR FREE After being the first in the region to install destination chargers for the Esplanade a few years ago Tesla electric vehicles, the hotel through its vision of sustainable business has achieved a new cooperation with the car company Porsche and thus became the first location in Croatia that offers its guests, owners of Porsche vehicles, as well as all others who have vehicles with standard European connector, the possibility of free charging via Porsche destination stations.
Administrators for Virgin Australia said Friday they had accepted a bid from US private equity giant Bain Capital to buy the pandemic-felled airline.Officials at Deloitte said they had reached a deal with the Boston-based fund that “will result in the sale and recapitalization of Virgin Australia Holdings and its subsidiary businesses”.The deal is subject to regulatory approvals and is due to be completed by August. Topics : “Bain Capital has presented a strong and compelling bid for the business that will secure the future of Australia’s second airline, thousands of employees and their families and ensure Australia continues to enjoy the benefits of a competitive aviation sector.”The Transport Workers Union said it was “happy to work” with Bain “on the plan for getting the airline back on its feet”.Australian airlines — like their global peers — have ceased the vast majority of operations amid coronavirus-induced travel restrictions.Australians returning to the country face mandatory a 14-day quarantine and almost all non-residents are barred, under measures that also see many Australian states effectively closed to domestic travel.Virgin made around 1,000 staff redundant before the carrier went into voluntary administration in April while 8,000 others were furloughed, leaving just 1,000 still working.Qantas this week announced it would be cutting 6,000 jobs and grounding 100 planes for up to a year as it aims for US$10 billion in savings.Bain had faced competition from Cyrus Capital Partners, who reportedly withdrew their bid early Friday. The Richard Branson-backed airline has struggled for years against larger carrier Qantas, which would have enjoyed a virtual monopoly if Virgin went out of business.The terms of the deal were not spelled out in full, but Bain had committed to “the retention of thousands of jobs”.The airline was more than Aus$5 billion (US$3.2 billion) in debt and had appealed for an Aus$1.4 billion loan to stay afloat, but the government refused to bail out the majority foreign-owned company.”This is an important milestone and a significant achievement,” said Joint Administrator Vaughan Strawbridge.
Using a slightly different methodology, Aon Hewitt placed the figure at 99%.Mercer attributed the recent funding drop almost entirely to falling interest rates.At the end of last week, global equity markets remained more or less at the levels seen at the end of June, when they had almost fully recovered from the initial losses following the Brexit referendum.Meanwhile, Dutch regulator De Nederlandsche Bank (DNB) confirmed that three pension funds must begin discounting pension rights this year due to their precarious financial position.The regulator assessed the recovery plans – where schemes spell out how they expect to raise funding to the minimum of 105% within 10 years – of more than 180 of the 300-odd pension funds in the Netherlands.The regulator did not name the three pension funds involved but said about 9,000 workers and 500 pensioners would be affected by the rights cuts.Jetta Klijnsma, state secretary at the Ministry for Social Affairs, previously estimated that 27 pension funds, if they failed to improve their funding position by year-end, were facing rights cuts next year. Falling interest rates are piling pressure on Dutch pension funds, with Mercer and Aon Hewitt estimating that average coverage ratios dropped by a full 2 percentage points to 94% over the first week of July.At the beginning of this year, Dutch schemes’ day-to-day funding stood at 104% on average.Over the first week of July, the 30-year swap rate – the main criterion for discounting liabilities – fell from 0.88% to 0.70%, increasing liabilities by 3-4% on average, according to Mercer actuary Dennis van Ek.As of the end of June, Dutch pension funds’ ‘policy funding’ – which estimates average funding over the 12 months’ previous and is the main criterion for rights cuts and indexation – stood at 100% on average, according to Mercer.
According to the ECB, the idea behind the regulation was to help plug a “data gap” that makes it difficult to build “a comprehensive understanding of cash flows and the risks associated with pension obligations”.It argued that more data would increase transparency about pension funds’ activities, making it easier “to check if they are fulfilling their promises to citizens”.Other benefits, the ECB said, were that more public data could improve comparability and disclosure of pension funds’ obligations, and pave the way for new research on topics such as the impact of pension funds on the economy.Information potentially of interest to the ECB includes data on pension funds’ “outstanding amounts” and transactions broken down by country, economic sector, maturity, the type of pension plan, and detailed security-by-security reporting.The German regulator announced the ECB’s plans last year, but this week’s news could trigger fresh concerns about the introduction of a standardised risk assessment previously recommended by EIOPA (its “common framework”) and, ultimately, the Holistic Balance Sheet.EIOPA is keen to explore further the potential impact pension funds may have on financial stability.The ECB’s former president, Jean-Claude Trichet, has previously described pension funds as having “the potential to significantly disrupt the smooth functioning of the financial system” and playing “a key role for the provision of future income for households”.The new regulation would enhance the volume and quality of available data for studying the macro-financial effect of pension funds, according to the ECB. New ‘short-term approach’ statsThe ECB already collects data on pension funds, but this is done under a “short-term approach” that relies on existing data sources, mostly supervisory authorities, rather than requiring pension funds themselves to report data directly.On Tuesday it released new statistics on pension fund and insurance company assets and liabilities. They show the sectors separately and in more detail, with the ECB saying they result from “enhanced data collecting frameworks”.The ECB is planning to add more granular data in 2017, and publish information on a “more timely” basis than before.It said the new statistics replaced non-harmonised euro area pension fund statistics that it previously published.The statistics can be found here. The European Central Bank (ECB) wants pension funds to report harmonised data to it in a bid to gain better insight into the sector’s potential macro-financial impact.According to information from the ECB, it is planning to launch a public consultation on regulations sometime this summer, and to adopt the regulation towards the end of the year.The harmonised statistical reporting required by the regulation would start in early 2019.The pending regulation will be based on a proposal developed by a task force led by the Deutsche Bundesbank and including members from national central banks, the OECD, and the European Insurance and Occupational Pensions Authority (EIOPA), among other institutions.
Champion hurdler Sally Pearson and husband Kieran have sold their Helensvale home.THE home of star hurdler Sally Pearson has sold after less than a month on the market.A local family snapped up the acreage estate at Helensvale on the Gold Coast days after it was listed in January.Marketing agent Julian Porter, of Harcourts Pacific Pines, would not reveal the sale price as the deal was yet to be settled, but said it was “very close” to the $1.199 million asking price.The house is on a 4006sq m block.Inside the Helensvale home.He said it went under contract 10 days after it hit the market before going unconditional last week.“I had a heap of interest in the property both from local and interstate buyers,” he said.“I had more than 30 groups of buyers inspect the property and many of them are still looking to purchase something similar.“The $1 million to $2 million price point is very active at the moment.”Property records show Pearson and her husband Kieran bought the property in 2015 for more than $900,000.More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoPearson and her husband own one other property on the Gold Coast.The house has been renovated since the Pearson’s bought it in 2015.It has two residences and a pool.Mr Porter, who helped the Pearsons sell their Pacific Pines home in 2015, said everyone was happy with the result.“Kieran and Sally did an outstanding job presenting the property for sale and it has been an absolute pleasure to assist them again,” Mr Porter said.MORE NEWS: Coast apartment project fast-trackedMORE NEWS: Fancy your own oasis?Property records show Pearson, who is known for leading a private lifestyle away from the track, owns one other property with her husband on the Coast.The Helensvale State High School product has long led Australia’s athletics charge, winning a gold medal in the 100m hurdles at the 2012 London Olympics.She was forced to withdrawn from the Gold Coast Commonwealth Games last year because of injury.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, 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 Rate1xFullscreenStarting your hunt for a dream home00:51
HIGHER POWER TRIES TURF FOR THE FIRST TIME AND GOES GATE TO WIRE TO WIN $77,000 SANTA ANITA ALLOWANCE FEATURE BY A HALF LENGTH; VAN DYKE & SADLER TEAM FOR ONE MILE WIN IN 1:34.63 ARCADIA, Calif. (June 14, 2019)–In his second start for trainer John Sadler, Higher Power tried turf for the first time and controlled proceedings with aplomb, as he took Friday’s $77,000 Santa Anita allowance feature under Drayden Van Dyke by a half length. Owned by Hronis Racing, LLC, the striking 4-year-old colt by Medaglia d’Oro added blinkers today and got a flat mile in 1:34.63.Breaking from the rail in a field of six horses three and up, Higher Power, who came off a fifth place finishing going a mile and one quarter in the Grade I Gold Cup at Santa Anita May 27, made an easy lead and was in total command throughout, holding Ritzy A. P. at bay late for an impressive victory.Off at 2-1, Higher Power paid $6.40, $4.20 and $2.60.“We purchased him out of a sale in March and his previous trainer, Mike Stidham, said that he thought he’d like the grass,” said Sadler when asked about the change in surface. “Irad Ortiz Jr. rode him for here in the Gold Cup and he said he thought a mile and one eighth would probably be better for him. We wanted to try the grass and it looks like the change in surface suited him well.”Based at Fairgrounds in New Orleans over the winter, Higher Power, who is out of the Seattle Slew mare Alternate, notched his fourth win from 11 overall starts and with the winner’s share of $46,200, increased his earnings to $182,748.Ridden by Flavien Prat, Ritzy A. P., who sat second virtually the entire trip, was headed by third place finisher Souter turning for home, but outgamed him by a neck for second money. Off at 5-1, Ritzy A. P. paid $6.00 and $3.60.English-bred Souter, who sat third to the far turn, loomed dangerously at the top of the lane, but was third best on the day and finished 1 ¾ lengths in front of Blended Citizen. Ridden by Norberto Arroyo, Jr., Souter was off at 7-2 and paid $3.20 to show.Fractions on the race were 23.78, 47.39, 1:10.99 and 1:22.74.