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☆ How a free meal cost an investor his retirement savings
▼ + stars: | 2024-11-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

George Wilson learned the hard way that there's no such thing as a free lunch — or, in his case, a free dinner that cost him a chunk of his retirement savings. He also met David Escarcega, one of the hosts and a broker who would eventually advise him to invest in so-called non-correlated, fixed-income alternative products from the now-bankrupt firm GWG. AdvertisementBut those meals aren't really free, Murray said. They're referred to as "free lunch seminars," said Adam Gana, a securities attorney who worked on Wilson's case. In 2017, he decided to renew his investment, according to documents viewed by Insider.

Persons: George Wilson, Wilson, Chris Steak, David Escarcega, Michael Murray, Murray, Adam Gana, Gana, I've, Jean, Escarcega, we're, Wilson wasn't, FINRA, Craig McCann, McCann, he's, Outsized Organizations: GWG, GWG Holdings, Financial, SEC, ADV, CPA, Treasury Locations: GWG

ATHENS, Greece (AP) — The death toll from severe flooding in central Greece rose to 10 people Friday, while another four remained missing, the country's civil protection minister said. Rescue crews in helicopters and boats ferried hundreds of people from inundated villages to safety. Flooding triggered by rainstorms also hit neighboring Bulgaria and Turkey, killing a total of 22 people in all three countries since the rains began Tuesday. In Greece, the rainstorms turned streams into raging torrents that burst dams, washed away roads and bridges and hurled cars into the sea. Authorities have said some areas received twice the average annual rainfall for Athens in the space of just 12 hours.

Persons: rainstorms, floodwater, ”, Ioanna Gana, Greece’s, Vassilis Kikilias, Kikilias, Kyriakos Mitsotakis, ” Mitsotakis Organizations: Rescue, Authorities, Civil, Swiss, European Union, rockfalls . Locations: ATHENS, Greece, Bulgaria, Turkey, Athens, Larissa, ” Larissa, Karditsa .

☆ Frieze art fair returns to South Korea, offering boost to Asia’s art market
▼ + stars: | 2023-09-07 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Seoul, South Korea Reuters —The Frieze art fair returned to South Korea for a second year on Wednesday, with dealers hoping the event would provide a boost for the burgeoning local art market, after economic woes triggered a slump in sales this year. The fair, run by Endeavor Group-owned Frieze, made its Asia debut in South Korea last year, drawing over 70,000 visitors. Visitors take a look around at the Frieze art fair in Seoul, South Korea. Kim Hong-Ji/ReutersDespite this backdrop, the South Korean and the Asian art market remain resilient, Patrick Lee, Director of Frieze Seoul, told Reuters. "Weave Magenta, 2023" (right), by artist Sean Scully, on show at Frieze Seoul 2023.

Persons: Kim Hong, Patrick Lee, “, Lee, ” Lee, Seungjin Chung, Sean Scully, Jung Yeon, Jungmin Cho, ” Organizations: South Korea Reuters, Hyundai, Endeavor Group, Ministry of Culture, Tourism, South, Korea Arts Management Service, Visitors, Frieze, Reuters, G, Getty, BTS Locations: Seoul, South Korea, Asia, Frieze Seoul, China, Japan, AFP

☆ Frieze Art Fair returns to South Korea, offering boost to Asia's art market
▼ + stars: | 2023-09-06 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/6] Visitors take a look around at the Frieze art fair in Seoul, South Korea September 6, 2023. REUTERS/Kim Hong-Ji Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - The Frieze Art Fair returned to South Korea for a second year on Wednesday, with dealers hoping the event would provide a boost for the burgeoning local art market, after economic woes triggered a slump in sales this year. The fair, run by Endeavor Group-owned (EDR.N) Frieze, made its Asia debut in South Korea last year, drawing over 70,000 visitors. South Korea's art market reached 1 trillion won ($750.85 million) in revenue for the first time in 2022, according to data from the Ministry of Culture, Sports and Tourism. Despite this backdrop, the South Korean and the Asian art market remain resilient, Patrick Lee, Director of Frieze Seoul, told Reuters.

Persons: Kim Hong, Patrick Lee, Lee, Seungjin Chung, Jungmin Cho, 1,331.8200, Hyunsu Yim, Hyun Young Yi, Sharon Singleton Organizations: REUTERS, Rights, Art, Hyundai, Endeavor Group, Ministry of Culture, Tourism, South, Korea Arts Management Service, Frieze, Reuters, G, BTS, Thomson Locations: Seoul, South Korea, Rights SEOUL, Asia, Frieze Seoul, China, Japan

☆ Nigeria: More than 100 dead after wedding party as boat capsizes
▼ + stars: | 2023-06-14 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

Abuja, Nigeria CNN —More than 100 people are now confirmed dead after a boat ferrying hundreds of wedding guests overturned Monday in the river Niger around north-central Nigeria, local police said. The vessel was carrying around 250 passengers traveling back to Patigi in northcentral Kwara State after attending a wedding party in Gboti, in neighboring Niger State, when it sank early Monday, killing 106 on board, according to police. Heavy rains and floodingThe overcrowded boat capsized after hitting a tree trunk, he said of the accident which happened at around 3:00am Monday. Niger and Kwara states lay along the banks of the River Niger, West Africa’s main river, and surrounding communities remain vulnerable when it overflows. Last month, at least 15 people died after a boat capsized in northwestern Sokoto State, authorities told CNN.

Persons: Nigeria CNN —, Ajayi Okasanmi, Abdul Gana Lukpada, Patigi, ” Lukpada, ”, ” “ Organizations: Nigeria CNN, CNN, Nigerian Meteorological Agency, Police Locations: Abuja, Nigeria, Niger, northcentral Kwara State, Gboti, Niger State, Kwara, Patigi, Egboti, West, Sokoto State

☆ Nigeria: Hundreds of wedding party guests feared dead as boat capsizes in Nigeria
▼ + stars: | 2023-06-13 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

Abuja, Nigeria CNN —Hundreds of people, including wedding guests, are feared dead in north-central Nigeria after a boat they were traveling in capsized in the river Niger early Monday, a local chief told CNN on Tuesday. “There was a marriage ceremony in a nearby village … Egboti village which is by the river Niger. As they sailed, the boat hit a tree branch hiding in the water and it split into two. Boat accidents are common in northern Nigeria. Last month, at least 15 people died after a boat capsized in northwestern Sokoto State, authorities told CNN.

Persons: Abdul Gana Lukpada, Lukpada, ”, I’ve, Ajayi Okasanmi, Rafiu Ajakaye Organizations: Nigeria CNN, CNN, Kwara State Locations: Abuja, Nigeria, Niger, Kpada, Patigi district, Kwara State, Egboti, Niger State, Kwara, Sokoto State

☆ Real Madrid dethroned as ‘Kings of Europe’ as the club looks to usher in new generation of stars
▼ + stars: | 2023-05-18 | by ( Ben Church | ) edition.cnn.com time to read: +6 min

CNN —Even before the full-time whistle blew in Manchester City’s 4-0 mauling in the Champions League semifinal Wednesday, Real Madrid players looked to have accepted their fate. To see a club like Real Madrid get put to the sword is always a surprise, but it’s even more shocking when you consider it was this team – in this competition. Luka Modrić has been one of the best players in the world during his time at Real Madrid. In truth, the chastening defeat against Manchester City has only amplified what madridistas already knew. Real Madrid coach Carlo Ancelotti looked on as his side lost 4-0 on Wednesday.

☆ Jakobs makes first start for Senegal in Qatar showdown
▼ + stars: | 2022-11-25 | by ( Shady Amir | ) www.reuters.com time to read: +1 min

DOHA, Nov 25 (Reuters) - Defender Ismail Jakobs gets his first start of the tournament for Senegal and Meshaal Barsham gets the nod in goal for Qatar as the two sides meet in their second Group A game at the 2022 World Cup. Senegal manager Aliou Cisse swaps Jakobs in for the injured Cheikhou Kouyate and Pape Abou Cisse is replaced by Famara Diedhiou, while Qatar boss Felix Sanchez makes three changes from the side that lost 2-0 to Ecuador. TEAMS:Qatar: Meshaal Barsham, Pedro Miguel, Abdelkarim Hassan, Ismail Mohamad, Hassan Al-Haydos (captain), Akram Afif, Karim Boudiaf, Homam Ahmed, Assim Madibo, Boualem Khoukhi, Almoez Ali. Senegal: Eduoard Mendy, Youssouf Sabaly, Kalidou Koulibaly, Abdou Diallo, Nampalys Mendy, Famara Diedhiou, Idrissa Gana Gueye, Ismail Jakobs, Krepin Diatta, Ismaila Sarr, Boulaye Dia. Reporting by Shady Amir, additional reporting by Nick Said and Philip O'Connor; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Senegal carry Africa’s best hopes in Qatar
▼ + stars: | 2022-11-02 | by ( Mark Gleeson | ) www.reuters.com time to read: +2 min

Nov 2 (Reuters) - African champions Senegal carry the continent’s best prospect of breaking barriers at the World Cup finals and hope to atone for a miserable last tournament in Russia where they were eliminated on disciplinary points. Senegal are one of three African nations who have reached the quarter-finals of the World Cup, following Cameroon’s 1990 exploits with a dream debut in 2002, which included beating holders France in the opening game of the tournament. Senegal have put much effort into recruiting players from the growing European-based diaspora, contributing to their winning the African title for the first time in February. Beyond the intrinsic qualities, the footballing qualities, there is above all this support in this team, this solidarity, this love,” the coach said. “If we won the Cup of Nations, it is because of all these values that surround this team.

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