Horse Sport Enews SIGN UP We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. We did it! Canada kept it together when others failed. Team spirit and a collective effort pulled her back from the brink and raised her the only two rungs she needed to climb today. As I wrote yesterday, 12 is just a number two places away from 10.It was a crazy day at the races, folks. One needed a bank of calculators to keep track of who was where in the rankings. Even our own people feared the worst when Eric crossed the finish line with eight rotten, good-for-nothing penalties. Surely he was our last hope. Turns out Colombia and Israel were having a less favourable day than we were. Turns out the miniscule edge we held overnight on Belgium stood like the Great Wall keeping them out and keeping us in.I tip my hat to young Kara Chad, who built that wall with her five-penalty effort on the 11-year-old Carona. One point more and Belgium would have scuppered the red and white ship and all who sailed with her. The smart, articulate young lady may be a relative newcomer, but as she told me yesterday, if she could keep a lid on the nerves she had 100% faith in her horse’s ability. “I’m supported from all ends, but for me I think it is just mentally staying in it and keeping focused and not getting too overwhelmed by the whole thing.”I thought it was interesting that Eric thought the 90+ degrees we seem to be hitting daily (so hot my mascara melts) was affecting Chacco Kid today, yet yesterday, Steve Guerdat said he thought his horse benefitted from it. “With a better climate I think you might have seen more clear rounds today,” noted Eric, who questioned the logic of holding the second round in the middle of the day when it’s hottest. “I think a lot of horses are empty from the heat. I know mine was today.”What a difference a day makes, eh? Or even .27 of a penalty point . **the spread that decided who between Canada and Belgium would reach the second round.The Aussies were “over the moon ” at making the top 10. Pictured here with Rowan Willis is his sister Renée, left, chef d’équipe Todd Hind, and Rowan’s partner Aline Domaingo.Born StarRowan Willis is the Australian dude who gave everyone a shock on day one by finishing in the top three. It wasn’t a question of his worthiness, it was just, well, he seemed have landed from Mars. Anyone who spent any time in Florida or at Spruce Meadows this year may know the name.The UK-based Aussie prepared for WEG in North America, arriving in February with three horses. They took in Wellington and Ocala before heading to Calgary for the Spruce Meadows summer series via Lexington and Tryon. Somehow the pair managed to fly under the radar of the international equestrian press corps despite winning the $265,000 Ocala 5* Grand Prix last spring. Rowan seemed rather put out that no one had noticed that they had also finished 11th in the Spruce Meadows Masters the week before WEG.Rowan left his native land when he was 19 and headed to southern England where he worked for the next 14 years for Fred and Sue Welch as their stable jockey. Both the Welchs were international show jumpers and when they retired they turned to breeding and producing young show jumpers, one of which was a mare called Showtime. Nick Skelton took her all the way to the Olympic Games in Atlanta.When the Welchs retired her from the sport, they put the mare to a few stallions and Blue Movie is the product of her coupling with Chacco Blue. Rowan, along with his parents and sister and a few friends from his home town Armidale, bought the chestnut mare when she was a five-year-old. Rowan had had his eye on her since she was foaled.According to Rowan’s sister Renée there is talk of breeding Blue Movie to Nick Skelton’s Big Star. All potential names considered. I pick Stormy Daniels.Germany’s Laura Klaphake with her brother Felix (left) and boyfriend Patrick Döller.German GemWhat a little gem the Germans have in the delightful Laura Klaphake. Born into the family business at Muhlen where her father Joseph has managed Paul Schockemohle’s competition and sales yard for over two decades, the 22-year-old says show jumping is “just my hobby.” A passion, but not an occupation, at least for now. She is a full-time student whose time is limited so she job shares with mum Gaby to keep her string of five to eight horses going smoothly for the stables.Laura graduated with a degree in international management and marketing, but is currently pursuing a masters in real estate management. She has one more year to study before she has to make a decision. “I would love to find a way in between the one or the other because riding is my passion and I want to keep it that way. I don’t want to wake up every morning and think I have to go and earn money with the horses. Sometimes I’m not very motivated to study, but I do it and then I go to the stable and that’s my gift, my reward for studying.”According to the German magazine BILD, Microsoft founder Bill Gates, father of budding jumper Jennifer Gates and one of the richest men in the world, offered Paul Schockemohle 8 million dollars for Laura’s mount Catch Me If You Can, but Paul turned it down. The mare was not for sale then, but I bet she is now!Happy Hour With MarkInto my inbox last night appeared an invitation to happy hour with TIEC Ceo Mark Bellissimo. About time, too ‒ not for the free drinks, but for the man with the master plan to face the music.Colombian Fernando Cardenas and his wife Meredith. Fernando’s family emigrated to North Carolina 30 years ago. Fernando is a full time equine veterinarian based in Raleigh.I have a pretty good idea what he will say. Here’s a preview: they lost two months of construction out of five due to weather. There was a labour shortage due to a “white hot” employment market; contractors failed to deliver (really? no way! A contractor not showing up or finishing on time?) on time and materials or started making obscene mark ups at the 11th hour. What he won’t admit to is a bull-headed reluctance on his part to curb his ambitious plans for the future of the TIEC and just concentrate on what needed to be done in time for the World Equestrian Games. Nice-to-haves are exactly that – not necessities! Tags: 2018 WEG Diary, More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes. Email* Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition!
WABC-TV(NEW YORK) — An alleged fight over a girl involving over 50 teenagers has left a 16-year-old student dead after being stabbed in the chest and an 18-year-old student charged in his death while many of the other teens took videos of the victim dying rather than helping to save his life. The fight broke out at around 3:45 p.m. on Monday afternoon outside of a bagel shop in Oceanside, New York close to where the victim, Khaseen Morris, went to high school.An anonymous witness to the fight who spoke to New York City’s ABC station WABC-TV said that Morris was ambushed by the group. “There was a bunch of people sitting by the Chinese restaurant … about 15 kids, and then all of a sudden while I was on the phone speaking, eight — seven or eight kids came from the north and targeted certain people that I believe they were looking for,” the man said.Tyler Flach, 18, from Lido Beach was arrested late Wednesday and charged with murder, according to WABC. He will be arraigned later Thursday. Morris was stabbed in the chest in the attack and later died in hospital. Police believe that Morris was specifically targeted. “There’s got to be about 50, 60, 70 kids here,” Detective Lt. Stephen Fitzpatrick, the commander of the Nassau County Police Homicide Division, told members of the media at a press conference on Tuesday morning. “We have a handful of kids that have come forward who have identified people involved in this.” “I don’t think anybody here is naive to who is involved in this incident. I think all the players are known to each other,” said Det. Lt. Fitzpatrick.Perhaps the most shocking aspect of Morris’ death is the fact that people filmed him dying rather than helping him after being stabbed. “He was a person that would help anyone, and no one helped him,” said Keyanna Morris, Khaseen’s sister, to WABC. “He told my mom this is the first time in so long that he’s been so happy because he finally found a school where he could be himself with nobody judging him.” Meanwhile, the superintendent of Oceanside High School, Dr. Phyllis Harrington, issued a video statement condemning the “senseless act of violence”, imploring parents to monitor their children’s social media activity, and saying that the community would get through this tragedy together.“The kindness and generosity that you model for your children are what makes our community special. It’s those very values that will bind us together and get us through and keep us strong because we are anchored together by purpose, passion and people,” Harrington said. Students at Oceanside High School have been grieving all week. “Students are crying in the hallway,” said Victoria Lizama, a student at the high school who added that most of the students were quiet and not talking. Det. Lt. Fitzpatrick said police were still looking for more witnesses of the crime to come forward. Said Fitzpatrick: “Kids stood here and didn’t help Khaseen; they’d rather video this event … They video’d his death instead of helping. So anyone who has video, come forward. Do the right thing for Khaseen.” Copyright © 2019, ABC Radio. All rights reserved.
275 Park Avenue in BrooklynThe brand new Dock72 building at the Brooklyn Navy Yard is set to open this summer, bringing with it a slice of the 10,000 jobs the former ship yard is expected to add by next year.Now, the owners of a former Tootsie Roll factory turned loft-apartment building nearby are looking to cash in on what they think will be a wave of demand from Navy Yard workers.The HK Organization and Brickman Real Estate have put their 123-unit Chocolate Factory Lofts building in Clinton Hill up for sale with pricing guidance in the high-$60 million range, sources told The Real Deal. That works out to nearly $375 per gross square foot.The pricing, however, is not that far off from the $68 million that property records show the owners paid for the property at 275 Park Avenue five years ago.Representatives for the HK Organization and Brickman could not be immediately reached for comment. A Hodges Ward Elliott team of Will Silverman, Daniel Parker and Paul Gillen has the listing. The brokers declined to comment.Harry Kotowitz and Howard Klaus’ HK Organization teamed up with Brickman Real Estate – headed by founder and president Bruce Brickman – to buy the seven-story building in 2014.The previous owner, developer Aleksander Goldin, had purchased the factory property in 2000 and converted it into a mixed-use building with apartments under the J-51 tax program. The as-of-right incentive gives property owners a tax exemption and abatement on residential conversions in exchange for placing the units into the state’s rent stabilization program.The Chocolate Factory Lofts’ J-51 exemption expired last year, and now all of the units are market rate.In addition to the residential units, the property also has nearly 50,000 square feet of retail, which is leased to tenants including a small coffee shop and a gym.The owners refinanced the property in 2017 with a $60 million loan from LoanCore Capital.It’s not clear why the sellers are starting negotiations at a price that hasn’t appreciated much from the $68 million they laid out nearly five years ago. One explanation could be that they paid peak pricing at the top of the market in 2014.Brickman owns its investments through private funds that have a finite life cycle, which could impact its decision to sell.The neighborhood, meanwhile, is set to see an influx of new jobs. In addition to the WeWork-anchored Dock72 building that Rudin Management is codeveloping with Boston Properties, Steiner Studios is expanding its sound stage campus at the complex.The Navy Yard’s Wegmans supermarket is set to open later this year, and the 1 million-square-foot Building 77 is 85 percent leased following a $185 million renovation. This content is for subscribers only.Subscribe Now
Jay Phillip Parker, Tampa (Credit: Twitter, iStock)Douglas Elliman has officially opened its first office in “kitschy-esque” Tampa. Yes, that was Elliman’s Florida CEO Jay Phillip Parker’s description of the brokerage’s latest outpost in the Sunshine State, as stated in an interview with the Tampa Bay Times. He said the Tampa office’s opening comes as the brokerage is seeing heightened interest in west coast cities like Sarasota, St. Petersburg and Tampa from within the state. “It’s generally more of the Midwestern type buyer on the west coast, but we see that shifting. We see more and more people from the east coast looking at the west coast. It’s a more conservative buyer, a more reserved buyer,” he said. Parker believes lower home prices are a major part of the lure.“Prices on the west coast are probably at least 30 percent [than on the east coast],” Parker told the Times. Luxury prices in Miami $3,000 per square foot, and on the west coast of Florida, “I don’t think you have anything that comes close to that.”Since opening in February, he claims Elliman’s office in St. Petersburg has closed $21 million of home sales. The brokerage entered the Tampa-area market by acquiring St. Petersburg brokerage firm Strickland Property Group, increasing its network in Florida to 22 offices (including 21 on the east coast) and more than 1,100 agents.Parker said he plans to add as many as a dozen agents at the St. Petersburg office, and will probably open its second office on Florida’s west coast in Naples in 2020. He said Elliman has also considered opening an office in Sarasota. [Tampa Bay Times] – Mike Seemuth This content is for subscribers only.Subscribe Now
Accrington-based bus operator Pilkington Bus has become the first school bus service in the UK to introduce a self-scan mobile ticketing system which alerts parents and guardians that their child has safely boarded the vehicle.The system uses UrbanThings’ smart ticketing solution Ticketless which consists of a mobile app coupled with a cloud-based mobility platform.Ticketless uses Hex Tag technology which allows passengers to purchase tickets through the app then scan a unique QR code when boarding the vehicle to validate their ticket. As the QR code is placed on the vehicle parents receive an instant notification to indicate that their child has boarded the bus.Since launching in September 2019, more than 8,000 Hex Tags are now scanned monthly by students using the app.Carl Partridge, CEO of UrbanThings, says: “Hex Tag technology flips around the traditional concept of onboard ticket validators, turning the passenger’s smartphone into the validator instead.”
Rather than confronting a debt crisis, as in 1997-98, emerging-market economies now face an ‘asset crisis’, but they will suffer the same result: great capital losses on their foreign-exchange reserves. Indeed, the magnitude of the losses will be on par with that of Asian financial crisis, if not higher.While China’s government should make greater efforts to rebalance the economy by conventional measures, it also should focus more attention on adjusting the currency structure of the country’s gross assets and gross liabilities. In particular, China should try to replace its dollar-denominated assets with renminbi-denominated assets, and its renminbi-denominated liabilities with dollar-denominated liabilities.If China cannot do very much about existing gross assets and gross liabilities, it should address new assets and liabilities in order to minimise future capital losses. In short, China must take into consideration the ongoing asset crisis facing emerging economies, especially when considering highly consequential questions such as full renminbi convertibility and the currency’s internationalisation. Yu Yongding, currently president of the China Society of World Economics, is a former member of the monetary policy committee of the Peoples’ Bank of China and former director of the Chinese Academy of Sciences Institute of World Economics and Politics. © Project Syndicate, 2011. One answer lies in the fact that China’s FDI policy over the past 30 years has crowded out Chinese investors from high-return projects, forcing them to settle for less lucrative projects. But there are still potential investors who cannot find any suitable investment opportunities in China, generating excess resources, which in turn are invested in US government securities.But, while China’s foreign assets are denominated in US dollars, its liabilities, such as FDI, are mostly denominated in renminbi. As a result, when the dollar depreciates against the renminbi, the value of China’s foreign liabilities increases in dollar terms, while that of its foreign assets remains unchanged. As a result, China’s net international investment position (NIIP), which is the difference between China’s gross assets and its gross liabilities, automatically worsens. The deterioration of China’s NIIP is a reflection of the transfer of wealth from China to the US. Since the 2000s, China’s gross assets and gross liabilities have increased dramatically, owing to the success of China’s trade-promotion and FDI policies. As a result, China’s net international investment position has become very vulnerable to the devaluation of the dollar.Meanwhile, capital inflows into developing countries have surged since the 2007-09 global financial crisis. In 2010, China’s capital-account surplus stood at $230 billion (€172bn), and capital inflows remain large this year. With ever-increasing gross dollar assets and gross renminbi liabilities, a stronger renminbi means that China will suffer additional welfare losses from the valuation effect of exchange-rate movements. (It is worth noting that this is not solely a Chinese phenomenon; all major emerging-market economies are faced with the same fate.)During the 1997-98 Asian financial crisis, east Asia’s economies paid heavily for excessive accumulation of dollar-denominated debts. Because governments failed to defend their currencies, they lost hundreds of billions of dollars in foreign-exchange reserves to international speculators.Whether for self-insurance or to maintain a competitive exchange rate, east Asia has since then once again accumulated too much dollar-denominated debt. This time around, thanks to the deterioration of the US fiscal position and the Federal Reserve’s expansionary monetary policy, “the long-term risk [for] emerging markets’ external balance sheets is shifting”, as Eswar Prasad of the Brookings Institution has pointed out, “to the asset side”. In theory, the difference between capital inflows and outflows in developing countries should be positive – they should be net capital importers, with the magnitude of the balance equivalent to the current-account deficit. Since the 1997-98 Asian financial crisis, however, many east Asian countries have been running current-account surpluses – and hence have become net capital exporters.Even odder is the fact that while they are net capital exporters, they run financial (capital) account surpluses. In other words, these countries lend not only the money they earned through current-account surpluses, but also the money they borrowed through capital-account surpluses – mainly to the United States. As a result, east Asian countries are now sitting on a huge pile of foreign-exchange reserves in the form of US government securities.While China has attracted a large amount of foreign direct investment, it has bought an even larger amount of US government securities. Whereas the average return on FDI in China was 33% for American firms in 2008, the average return on China’s investment in US government securities was a mere 3-4%. So, why does China invest its savings so heavily in low-return US government securities, rather than in high-return domestic projects?
Click here to read the full story. A new approach to cardiac resuscitation designed to maintain nearly constant chest compressions triples the rate of survival of “out-of-hospital” cardiac arrest, study findings suggest.
EL PASO, Texas — El Paso police have located a private ambulance stolen from an East Side hospital possibly by a psychiatric patient.Police said the ambulance was found about 9:30 p.m. outside the Albertsons store at 5636 N. Desert on the West Side. A man suspected of taking the vehicle was also in custody.The ambulance was parked outside the emergency room when it was taken around 8 p.m. from Del Sol Medical Center, according to police radio transmissions. The vehicle is Dominion Ambulance No. 9 and is white, red and yellow in color.
Click here for the full story. EVANSVILLE – A distracted driver who hit an ambulance head-on Sunday night was arrested for driving with a suspended license, according to Evansville police. Michael W. Burris Jr., 27, is currently in the Vanderburgh County jail after police say his Ford truck struck an ambulance while he was driving west on Covert Avenue near the Boeke Road intersection. The impact of the collision overturned the ambulance, which was not carrying a patient.
The 48-acre Bragg Farm in Fayston, Vermont, known for its iconic barn, open hay meadows and outstanding scenic views of the Green Mountains, has been farmed continuously for more than 200 years.’ Much further south,’ the Bunker Farm’an agricultural and scenic treasure in Dummerston’has been a’ fixture in town for over 160 years. When these two farms went on the market, they were at risk of being sold to someone who was not interested in farming. These communities risked losing these productive farms.’ In both instances, the Vermont Land Trust (VLT) acted quickly and placed offers on the properties using a revolving fund to buy time to find farmers, put the conservation deals together, and permanently protect the land for the next generation of farmers.’ A new partnership between VLT, the’ Vermont Community Foundation (VCF) and the High Meadows Fund (HMF) will create more opportunities for VLT to provide’ farmers with access to affordable farms for commercial operations.’ VCF and HMF will loan VLT a combined $850,000 for their Farmland Access Program. This loan will allow VLT to take high-demand farmland off the market while finding farmers who are the best match for the land and infrastructure. It will also allow VLT the time to raise thefunds to purchase conservation easements on land’an important step to ensuring future affordability.’ ‘ ‘The Foundation has $7 million to deploy in Vermont, and we’re always looking for new ways to improve the state,’ said Debbie Rooney, VP for Finance at VCF. ‘When the Vermont Land Trust came to us, we saw an exciting opportunity to invest in a great organization and in a project that dovetails with our Food and Farm Initiative by supporting local farms and local food. It makes a lot of sense. Yes, VLT could have gotten some commercial dollars to do this, but it would have been a much higher rate, and they wouldn’t have been able to do some of the other work they do. We see this as a resource for VLT to be able to readily maintain working farms in Vermont.’’ The Farmland Access Program and this loan fund will prevent the sale of the farms that are often at the highest risk of development or an estate purchase, circumstances that lead to a major loss to communities that value their farms and local food.’ ‘The Farmland Access Program has helped more than 30 farmers in Vermont buy their first farm, or to expand their operation,’ said Jon Ramsay, the director of VLT’s Farmland Access Program. ‘When we see an opportunity, we buy a farm with bridge financing. Now we can use lower-cost capital to purchase, conserve, and sell the farm at an affordable price to a farmer who can create a viable business.’’ ‘We’ve seen that putting land conservation deals together takes longer than it used to,’ said Gaye Symington, Executive Director of the High Meadows Fund. ‘There are a lot of complex questions to resolve with conservation deals and this takes time. Questions about the ecological values on the farm, the proximity to river systems, and farm-labor housing are a few examples. We see this loan as important because it offers VLT longer-term dollars. Becoming investors in this loan fund is a demonstration of HMF’s confidence in VLT.’’ In the case of Bragg Farm, more than 225 people in the Mad River Valley community contributed $500,000. With backing from the Town of Fayston, and a grant of $320,000 from the Vermont Housing and Conservation Board, the funding has been raised to permanently protect the Bragg Farm. The project was officially completed last week, when VLT sold the conserved farm to Marisa Mauro of Ploughgate Creamery for $175,000 (the appraised agricultural value of the land, barn and residence). In Dummerston,’ four farmers, working as partners, were selected as the new owners of the farm. The farmers are leasing the farm now and will buy it subject to a conservation easement once VLT raises $110,000, along with other grant funding, to pay back the loan and cover the costs of conserving this land.’ ‘The related investments by the Vermont Community Foundation and the High Meadows Fund have helped the Vermont Land Trust take Farmland Access to the next level,’ said Nick Richardson, Vice President for Finance and Enterprise at the Vermont Land Trust.’ ‘There are many highly qualified and passionate farmers looking to access land to start or build their enterprises on good farmland, and communities that are waiting to welcome them.’ The partnership allows us to leverage our own capital and help make the match, and we’ve been able to put it to work right away on projects all across the state.’