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Invest Turks and Caicos to get new home says new CEO

first_img Related Items:invest turks and caicos, john rutherford Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 20 Jan 2016 – There will be a new home for the new Invest Turks and Caicos Agency according to its Chief Executive, John Rutherford. On the launch at the Provo Golf Club on Monday night, Rutherford told media that there is a diverse mandate handed to the organization to create a more diverse economy.“We will attract more foreign investment to the islands, not just in tourism and hospitality but we know the importance of diversifying the economy so we want to look at what other sectors we can attract to the islands. But we want to also help domestic investors as well, help them grow their business, expand their business. And then finally we have been given responsibility for the micro, small and medium enterprise program and that kicks off on the first of April.” The goal is to be more assertive said Rutherford, agreeing that indeed the launch was a big night for Invest Turks and Caicos which is also tasked with bigger branding of the TCI. The CE made it clear that while TC Invest did a lot of good things, Invest Turks and Caicos Agency will not be a bank and their goal is to raise economic activity. Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for youcenter_img TC Invest concept revived somewhat, Minister never agreed with closure Invest Turks and Caicos launches tonightlast_img read more

Whats behind San Diego Countys record breaking rents

first_img Sasha Foo July 10, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – There’s a lot of construction activity in downtown San Diego, but who are the people who will be living in the new apartment complexes with their sweeping views of the city?From the East Village to Little Italy, rent levels are soaring, exceeding the amount that many people pay each month for a home mortgage. In Litle Italy, an upscale complex called “Vici” is nearing completion. Studios lease for $2,100 and the rent for a one bedroom unit starts at just over $3,000. It’s not just in the downtown area, where rents are rising.All across San Diego county, the price of rental housing is going up. According to a survey by MarketPointe Realty Advisors, rent over a one year period from March 2017 to March 2018 rose by 20%. Since 2015, MarketPointe said rents in the county soared by a whopping 20%. Real estate analyst Gary London said the average rent on a one bedroom in the county is just under $2,000.A one bedroom in the downtown area is renting on average for $2,300. London said rents will continue to rise because of the short supply of housing. Older apartments may be more affordable for lower and middle income families. Yet, tenants rights organizer Rafael Bautista said landlords at older properties are also hiking rents.At the Village Apartments in Linda Vista, the management had been hiking rent by as much as $200 a year, even though some units had mold, leaks and were in substandard condition. Bautista who helped the tenants protest the conditions and the steep rent increases said the property owner eventually agreed to make repairs and hold off on rent hikes. Bautista said he would like to see rent control, as a means of keeping housing costs more reasonable.This November, California voters will decide if a 1995 state law that restricts rent control should be repealed. San Diego is one of the few big cities in California that doesn’t have rent control. Even if the proposition passes, it would still be up to local lawmakers to pass a rent control ordinance. Opponents of rent control don’t believe new restrictions will ease rental prices, and might even tighten housing supply.At this point in time, London said we are building just a third of what the market needs. One of the most surprising figures; in a county of more than 3 million people, there are only 18 new apartment projects being built this year, which will produce about 5,000 new units. London said we need to set more aggressive housing targets and help developers build projects more quickly by reducing the time and costs of getting permits. What’s behind San Diego County’s record breaking rents? Categories: California News, Local San Diego News, Politics FacebookTwittercenter_img Sasha Foo, Posted: July 10, 2018 Updated: 7:55 PMlast_img read more

first_img Register Now » 4 min read This story originally appeared on PCMag January 15, 2018 This promises to be a year of confusion in the tech world. Less than two weeks in, and we’re already mired in this chip flaw madness, while the continued rise in Bitcoin and other crypto-currencies is concerning. What’s a sure thing? Driverless cars? Quantum computing? Nobody knows.I could go down the list, but I’m feeling a little déjà vu. In the late ’90s, those who questioned a stupid idea or trend were immediately told they did not “get it.” We were in a “new economy” where everything had changed, after all.What didn’t change was an economic collapse when reality set in. Having dog food shipped to your house by Pets.com was not viable as a business model. It folded.How is that different from what Amazon is doing today with Amazon Prime? You join Amazon Prime for $99 a year and get all sorts of free benefits including video streaming of movies and free two-day shipping of everything imaginable. Only creative bookkeeping makes it work. Hello 1999. I won’t even bother with the Webvan parallels.Then there is the mania over driverless cars. According to one observer at CES, if you weren’t there with some driverless car technology, you might as well have stood in the corner.Driverless cars will only work in a crime-free, vandal-free world. Don’t kid yourself, these devices have decades to go. It’s not because of the car tech. It’s because computers are still stupid and can easily be fooled when placed in the real world to navigate and interact on their own.Onward to the most dubious of all technologies: quantum computing. Nobody can ever explain it in a way that doesn’t make you draw back your head and flash a sour look on your face. I have listened to the theoretical angles about this so-called technology and, afterwards, felt I was just in a game of three-card monte.I spent a long time talking to one of the most knowledgeable reporters who has covered the technology from the outset and he still doesn’t know what to make of it and whether the inventors are sincere, deluded or just full of it. It’s impossible to tell. Yet, Intel and others are jumping on board “just in case.”Perhaps the most amazing hoax ever perpetrated since Piltdown man is Bitcoin, all the other cryptocurrencies and the blockchain hoo-hah.We were all fools not to buy it when one bitcoin was 50 cents. That much I will agree on. But would we be holding on forever? Who knows? For years I have equated Bitcoin with the Beanie Babies phenomenon; its collapse foretold the dot-com collapse. At least a Beanie Baby had an intrinsic worth, that of a small plaything for kids. Bitcoin has removed anything intrinsic. All it has is perceived value. You cannot play with a Bitcoin, you cannot melt them down, you cannot use them as a toy or art. They are magic dust.But mention this to a Bitcoin fanatic, and I’m told I “don’t get it.” Hello, 1999.I’ve heard there is a Bitcoin vending machine someplace, but I cannot imagine what a hassle it would be to use. It’s nuts. But through the mechanism of mass hysteria, they are worth a fortune and going higher in value.How long can this go on? If the scene has locked on to the late 1990’s groove of insanity, it’s possible that we are in an analog of 1998 and can maybe make it through the year without a collapse. But looking at the start of the year, I doubt it. Smoke, meet mirror. Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goalslast_img read more