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☆ It is 'not irrational' to see Japan markets moving higher post election results: CIO
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt is 'not irrational' to see Japan markets moving higher post election results: CIOFlorian Weidinger from Santa Lucia Asset Management says to horse-trading amongst various political parties in Japan post the general election could suggest more fiscal spending and Japanese exporters will benefit from a weaker yen.

Persons: Florian Weidinger Organizations: Santa Lucia Asset Management Locations: Japan, Santa

☆ China's move to give cash handouts is significant, but devils are in the details: Portfolio manager
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's move to give cash handouts is significant, but devils are in the details: Portfolio managerFlorian Weidinger of Santa Lucia Asset Management says investors need to pay attention to how China's fiscal stimulus are summed up in the end, but he continues to favor H-shares over A-shares in the medium term.

Persons: Florian Weidinger Organizations: Santa Lucia Asset Management

☆ Korea's value-up index is ‘very disappointing’: Portfolio manager
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorea's value-up index is ‘very disappointing’: Portfolio managerFlorian Weidinger of Santa Lucia Asset Management weighs in on South Korea's new value-up index.

Persons: Florian Weidinger Organizations: Santa Lucia Asset Management Locations: South

☆ With day-trip fee 'Disney-fication' of Venice, the world hits its overtourism tipping point
▼ + stars: | 2024-04-28 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +5 min

In the 1970s, there were about 175,000 residents in Centro Storico, the main island and historic center of Venice. In fact, there are now more tourist beds in Venice than there are residents. Last week, Venice took action on overtourism, introducing a 5€ fee to day trippers who want to access the city. "You can't impose an entrance fee to a city; all they're doing is transforming it into a theme park. Marco Bertorello | Afp | Getty ImagesDespite its many detractors, the day fee is a significant move on the part of Venice's government to confront the challenge of overtourism, which has become a significant global problem since the pandemic.

Persons: Stefano Mazzola, Luigi Brugnaro, Mark —, There's, Matteo Secchi, Marco Bertorello, Antonio Paolo Russo, Russo Organizations: Piazzale Roma, Getty, Venice, Centro Storico, Guardian, Tourists, Afp, Virgili University Locations: Piazzale, Venice, Italy, Centro, Piazzale Roma, Santa Lucia, Tarragona, Spain, Bali, Barcelona, Amsterdam, Europe

☆ Welcome to Venice. That’ll Be 5 Euros, Please.
▼ + stars: | 2024-04-25 | by ( Elisabetta Povoledo | ) www.nytimes.com time to read: +1 min

Pulling into the Santa Lucia train station in Venice on Thursday morning, passengers were told via an overhead announcement that they might have to pay a 5-euro fee to enter the city’s historic center. Failure to pay could result in a fine from 50 to 300 euros, the announcement said. Those who hadn’t were directed to a booth where they could. After registering, overnight visitors were sent on their way without having to pay, but people planning to stay just for the day were charged (though there were other exemptions). It was a new welcome to Venice, the first city in the world to charge day visitors a nominal entrance fee, a measure city officials hope will help counter overtourism.

Persons: “, ”, Lorraine Colcher Locations: Santa Lucia, Venice, Wirral, England

☆ Venice becomes world's first city to charge an entry fee for day-trippers
▼ + stars: | 2024-04-25 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Venice will begin on April 25, 2024 charging day trippers for entry, a world first aimed at easing pressure on the Italian city drowning under the weight of mass tourism. Venice became the first city in the world to charge a payment for tourists in a bid to alleviate the pressures of mass tourism and make the city more livable for its residents. The pilot program will exact a fee of 5 euros ($5.4) from day-trippers to Venice, one of Italy's most picturesque and historic cities. Municipal workers were seen checking the tickets of day-trippers outside the front of the fragile lagoon city's Santa Lucia railway station. The charge applies to tourists arriving between 8:30 a.m. local time and 4 p.m., while access is free outside of those hours.

Organizations: Reuters Locations: Venice, Italy, Santa Lucia

California’s central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Thunderstorms in valleys around the state capital on Monday could bring “brief tornadoes, large amounts of small hail, heavy rain, lightning, and gusty winds,” the weather service office in Sacramento warned on X, formerly Twitter. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.

Persons: Brayden Murdock, ”, “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California

☆ California weather: Nearly the entire population of the state remains under flood alerts as people are urged to stay off the roads
▼ + stars: | 2024-02-19 | by ( Steve Almasy | ) edition.cnn.com time to read: +4 min

CNN —Nearly the entire population of California remains under flood alerts as the rain-soaked state braces for more precipitation and officials urge people to try to stay off the roads early this week. Officials are concerned about “excessive runoff from moderate to heavy rain,” which may lead to flooding, according to a post from the city on X. The National Weather Service office in Sacramento implored residents to have a means to get weather alerts and said threats on Monday include: brief tornadoes, large amounts of small hail, heavy rain, lightning and gusty winds. The weather service said 3 to 5 feet of snow are possible where altitudes are 9,000 feet or above. With Monday a holiday, forecasters warning travelers of increased traffic, to prepare for longer commutes and possible delays.

Persons: Gavin Newsom, ”, Santa Barbara County, Cindy Von Quednow, Ashley R, Williams, Elliana Hebert, Sara Tonks Organizations: CNN, National Weather Service, California Gov, Emergency Services, Santa Barbara, Donner, Echo Summit, Reno Locations: California, Los Angeles, Santa, Santa Ynez, Santa Barbara, Nevada, San Francisco, Sacramento, Sierra, Tahoe, Carson

California's central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Flood watches and warnings were issued in coastal and mountain areas up and down the state. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.

Persons: Brayden Murdock, ”, “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: Northern California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California

☆ Venice entry fee: How to pay and what to do if you're staying in the city?
▼ + stars: | 2024-01-16 | by ( Julia Buckley | ) edition.cnn.com time to read: +10 min

So how do you register to pay the fee if you’re just coming for the day? And how do you register an exemption if you’re staying overnight? Click on pay the fee – you’ll then be taken to a landing page run by Venezia Unica, the city’s official tourism site. If you’re a tourist, you’ll likely be applying because you’re staying overnight. You enter your details and select the place you're staying.

Persons: we’ll, Stanley Tucci, CNN —, It’s, they’ll, you’re, you’ll, Venezia Unica, You’ll, you’ve, ”, Piazzale Roma, Comune, ” It’ll, “, you'll, Riva degli Schiavoni Organizations: CNN, intel, Piazzale Roma, Venezia, Comune, Venezia Santa Lucia, •, “, Venice, UNESCO Locations: Venice, Murano, City, Venezia Santa, Mestre

SANTA LUCIA, Mexico, Sept 20 (Reuters) - There is still work to be done with Mexican authorities to smooth over hiccups caused by the government-mandated move of cargo flights from the nation's busiest airport to a farther-away airport, a UPS executive said on Wednesday. UPS kicked off cargo flights at the Felipe Angeles International Airport (AIFA) - a year-old, military-run airport backed by the country's president - last month, said Francisco Ricaurte, the firm's Mexico and Latin America head, in an interview with Reuters at the hub. Mexico earlier this year ordered cargo carriers stop operating at the Mexico City International Airport (AICM), pushing them to use AIFA instead in a bid to reduce oversaturation at AICM. The decree applies only to flights carrying only cargo, while passenger flights are still permitted to bring cargo to AICM. Ricaurte said UPS was still using its storage facilities at AICM as well as the depot it jointly operates at AIFA.

Persons: Francisco Ricaurte, Ricaurte, Mexico Ken Salazar, AICM, Kylie Madry, Lincoln Organizations: UPS, Felipe Angeles International Airport, Latin America, Reuters, Mexico City International, Thomson Locations: SANTA LUCIA, Mexico, Latin, AICM, AIFA

☆ Chile Political Prisoners Reclaim Torture Sites to Preserve Coup Memory
▼ + stars: | 2023-09-09 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +4 min

Fifty years after a 1973 coup in Chile that ushered in 17 years of brutal military rule and saw some 40,000 people imprisoned, disappeared, tortured or killed, Reuters went with five former political prisoners to the sites of their confinement. Carlos Gonzalez was arrested and tortured by Pinochet's secret police in 1976 at the age of 28. For months he was held in detention centers, including the Tres Alamos and Cuatro Alamos political prison camps in Santiago. They beat you before asking you anything, you couldn't breathe," he told Reuters at another former detention center, the Clinica Santa Lucia. Chile returned to democracy in 1990, though Pinochet himself was never convicted of a crime and died in 2006.

Persons: Ivan Alvarado, Natalia A, Ramos Miranda SANTIAGO, Viola, Carlos, Alejandra, General Augusto Pinochet, Carlos Gonzalez, Gonzalez, Salvador Allende, Pinochet, Alejandra Holzapfel, Ingrid Olderock, Holzapfel, Viola Todorovic, Ivan Alvaredo, Natalia Ramos, Adam Jourdan, Rosalba O'Brien Organizations: Reuters, Tres, Cuatro, Valech, MIR, Londres Locations: Chile, Tres Alamos, Cuatro Alamos, Santiago ., Santa Lucia, Santiago

Fifty years after a 1973 coup in Chile that ushered in 17 years of brutal military rule and saw some 40,000 people imprisoned, disappeared, tortured or killed, Reuters went with five former political prisoners to the sites of their confinement. Carlos Gonzalez was arrested and tortured by Pinochet's secret police in 1976 at the age of 28. For months he was held in detention centers, including the Tres Alamos and Cuatro Alamos political prison camps in Santiago. Chile returned to democracy in 1990, though Pinochet himself was never convicted of a crime and died in 2006. Reporting by Ivan Alvaredo and Natalia Ramos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Viola, Carlos, Alejandra, General Augusto Pinochet, Carlos Gonzalez, Gonzalez, Salvador Allende, Pinochet, Alejandra Holzapfel, Ingrid Olderock, Holzapfel, Viola Todorovic, Ivan Alvaredo, Natalia Ramos, Adam Jourdan, Rosalba O'Brien Organizations: Reuters, Tres, Cuatro, Valech, MIR, Londres, Thomson Locations: Chile, Tres Alamos, Cuatro Alamos, Santiago ., Santa Lucia, Santiago

☆ In Montevideo, Our Drinking Water Is Salty and Foul - The New York Times
▼ + stars: | 2023-07-19 | by ( Guillermo Garat | ) www.nytimes.com time to read: +2 min

MONTEVIDEO, Uruguay — For at least 80 days, ever since drought and mismanagement sapped the drinking water supply of my country’s capital, the water that has come out of our taps has tasted terribly of salt and smelled awfully of chemicals. We cook pasta, wash lettuce and make coffee with it, buying more and more plastic water containers that wind up in the dump. Washing machines don’t foam, and the electric water heaters are failing from a buildup of sodium. At the height of the crisis, sodium and chloride levels rose to double and triple, respectively, the maximum values allowed by our own national drinking water regulations. And in 2004, we became the first country in the world to write access to safe drinking water into the Constitution.

Persons: that’s Locations: MONTEVIDEO, Uruguay, Santa, Montevideo

☆ In parched Uruguay, tensions rise as water levels fall
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

"Water used to cover everything you can see." The South American country of 3.5 million people is reeling from its worst drought in 74 years, pushing frustrated residents to depend on bottled water. Low rainfall has forced water authorities to use water from a saltier part of the Santa Lucia river, which supplies most of Uruguay's drinking water, leaving tap water undrinkable for many. Earlier this month, Uruguay's government declared a water emergency, exempting taxes on bottled water and ordering the construction of a new reservoir. "The issue is real," said musician Frank Lampariello, after stocking up on bottled water at a supermarket in Solymar, on Montevideo's outskirts.

Persons: Alejandro Obaldia CANELONES, Mario del Pino, Adrian Dias, OSE, Federico Kreimerman, Kreimerman, Gerardo Amarilla, Frank Lampariello, Alejandro Obaldia, Brendan O'Boyle, Stephen Coates Organizations: REUTERS, Thomson Locations: Canelones, Uruguay, Montevideo, Santa Lucia, Solymar, Montevideo's

☆ Best rice dishes: 20 delicious specialties from around the world
▼ + stars: | 2023-05-04 | by ( Terry Ward | ) edition.cnn.com time to read: +16 min

And while famous rice dishes such as sushi, fried rice and paella are among the most prominent in the global spotlight, there are so many more rice recipes out there to put on your radar – and seek out on your travels. Wali wa kukaanga, KenyaWali wa kukaanga is Kenya’s answer to fried rice, and translates to just that in Swahili. So it’s no surprise that the Polynesian island country’s most popular rice dish, alaisa fa’apopo, has ties to the coconut, too. Thai fried rice (Khao Pad), ThailandThai fried rice uses the layering of flavors that's characteristic of the country's cuisine. ArenaCreative/Adobe StockWhen it comes to fried rice, the Chinese version tends to steal the spotlight.

☆ ChatGPT is about to write BuzzFeed content - and investors are loving it
▼ + stars: | 2023-01-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

BuzzFeed's part of that group too — but it's come up with a peculiar idea to ramp up business (and stock). Similar to other companies, BuzzFeed laid off 12% of its workforce last month, citing a worsening economic environment. The stock also got a boost from news of the media company's partnership with Meta, which will see BuzzFeed bring more content to Facebook and Instagram. It's unclear how ChatGPT's parent, OpenAI, ties into Meta's multi-million dollar deal with BuzzFeed, if at all, but the agreement is meant to boost creator content for Facebook and Instagram. It was the king of viral content and quirky listicles — and Facebook of course had a hand in getting eyeballs on BuzzFeed.

☆ There's 'close to 100% certainty' there will be a recession in the U.S. this year, CIO says
▼ + stars: | 2023-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's 'close to 100% certainty' there will be a recession in the U.S. this year, CIO saysJames Morton, CIO of Santa Lucia Asset Management, says the "Biden team need to look at the numbers because they obviously don't know what they're talking about."

☆ Classified documents from Biden's vice presidency found at think tank
▼ + stars: | 2023-01-09 | by ( Steve Holland | Kanishka Singh | ) www.reuters.com time to read: +2 min

REUTERS/Henry RomeroWASHINGTON (Reuters) -Classified documents from Joe Biden’s vice-presidential days were discovered in November by the U.S. president’s personal attorneys at a Washington think tank, a White House lawyer said on Monday. He added the White House was cooperating with the Justice Department and the National Archives. The Justice Department, the National Archives and the think tank did not immediately respond to a request for comment. Sauber’s statement did not mention the number of the classified documents or what they contained or their level of classification. The Justice Department is separately probing former President Donald Trump’s handling of highly sensitive classified documents that he retained at his Florida resort after leaving the White House in January 2021.

☆ We're more positive on China than we've ever been, says asset management firm
▼ + stars: | 2022-12-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're more positive on China than we've ever been, says asset management firmJames Morton of Santa Lucia Asset Management says there's "no real point doing bonds in China anymore," and stocks are "the place to be."

☆ Japan's central bank is 'rather missing in action,' says asset management firm
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's central bank is 'rather missing in action,' says asset management firmJames Morton of Santa Lucia Asset Management says the Japanese yen's plunge is the "most extraordinary collapse in a major currency almost in recent history" and the Japanese people got the "short end of the stick."

☆ As the pound tanks, Goldman and others reveal the UK stock market's likely winners and losers
▼ + stars: | 2022-09-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The British pound continued its slide against the U.S. dollar this week, hitting a new record low against the greenback Monday. Goldman Sachs European strategist Sharon Bell said the bank expects the pound to trade at around $1.05 over the next three months. Winners Secker is overweight the blue-chip FTSE 100 , which he believes is "arguably the ultimate 'weak FX' play." "The losers in the U.K. are the small-and-mid cap companies that are importing raw materials, which has now become more expensive. The FTSE 250 , which is more domestic than the FTSE 100, will also tend to suffer, all else equal, as sterling falls," Bell said.

☆ Furtuna tropicală Elsa a părăsit Cuba și se îndreaptă spre Florida
▼ + stars: | 2021-07-06 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Furtuna tropicală Elsa a părăsit Cuba și se îndreaptă spre Florida. Anterior, autoritățile statului american au decretat stare de urgență, care este în vigoare pentru 15 districte. Potrivit Centrului pentru Uragane din SUA, precipitațiile abundente vor lovi coasta de vest a Floridei, provocând inundații.Meteorologii au anunţat că vântul va bate în rafale de până la 95 de kilometri la oră. Guvernul cubanez a dispus evacuarea a 180.000 de persoane. Furtuna tropicală Elsa s-a format în Caraibe și a a devenit rapid uragan de categoria 1.

Persons: Elsa Locations: Cuba, Florida, american, SUA, Floridei, Republica Dominicană, Santa Lucia, Caraibe

☆ Erupţie a vulcanului La Soufriere de pe insula Saint Vincent din Caraibe: Mii de oameni au fost evacuați (VIDEO)
▼ + stars: | 2021-04-10 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +4 min

Căderile de cenuşă au fost observate până în sudul insulei, iar Aeroportul Internaţional Argyle a fost închis după declanşarea fazei eruptive. Cea mai importantă şi totodată cea mai devastatoare erupţie a avut loc în 1902 şi a provocat peste o mie de victime. Ameninţarea unei erupţii vulcanice iminente a vulcanului La Soufriere a determinat, cu o zi înainte, emiterea unui ordin de evacuare de urgenţă pentru mii de rezidenţi. "Noaptea trecută a fost o panică nebună, dar astăzi pare mai linişte. Fostă colonie britanică, Arhipelagul Saint Vincent şi Grenadine este alcătuit din o insulă principală, Saint Vincent, flancată la sud de cele 31 de insuliţe din Grenadine.

Persons: Saint Vincent, Grenadine, Ralph Gonsalves, Santa Lucia, Arhipelagul Saint Vincent Organizations: Aeroportul, Universitatea din, Royal Caribbean Locations: Saint Vincent, Caraibe, Antilele Mici, Soufriere, Argyle, Universitatea din Indiile de Vest, Trinidad şi Tobago, Antile, Guadelupa, Saint, Barbados, Santa, Antigua şi Barbuda, Martinica, Pelée, Antilele Franceze, erupţia, St - Pierre, Paris, Antilelor, Arhipelagul Saint, Grenadine

☆ Pregătiri încheiate pentru concertul ''Santa Lucia''. Ce surprize îi așteaptă pe spectatori și unde îl vor putea urmări
▼ + stars: | 2020-12-09 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Pregătiri încheiate pentru concertul ''Santa Lucia'', care se va desfăşura la Chişinău, în data de 13 decembrie, şi este dedicat sărbătorilor de iarnă. La eveniment a participat o parte a echipei muzicale, care a delectat trecătorii cu mai multe colinde și cântece de iarnă.Irina Buruian, o membră a corului ''Voices'', spune că pentru ea este o onoare să participe la concertul ''Santa Lucia''. ''Proiectul acesta înseamnă foarte mult pentru fiecare dintre noi, deoarece facem cunoştinţe cu persoane foarte creative şi ne bucurăm foarte mult. Data de 13 decembrie marchează începutul sărbătorilor de Crăciun şi oferă speranţa că, în curând, la solstiţiul de iarnă, se va schimba echilibrul dintre întuneric şi lumină. Din cauza pandemiei, concertul din 13 decembrie va avea loc online şi va putea fi văzut la postul de televiziune PRIME, începând cu ora 21.00.

Persons: Lucia, Crăciun Organizations: Voices Locations: Chişinău, Voices Moldova, Brazii, Europei, Suediei

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