text:
Morano rips GOP warmists who tout carbon tax: 'Once you give fed govt a massive new power like this, you are giving it a blank check for the future'
Marc Morano, founder and executive editor of the ClimateDepot.com, explained during an interview at CPAC, "The idea behind a carbon tax and carbon dividend seems to be that it would somehow be less bureaucratic because you would have the price on carbon instead of regulations." Morano continued:
"But once you give the federal government a massive new power like this, you are giving it a blank check for the future. This is really just another scheme to raise costs and it's dead on arrival. Whatever might be passed, will be reinterpreted by judges and it will become a massive new tax to go after the energy sector. This dividend proposal is really about redistributing wealth. The fact that the heroes of this movement are Baker and Schultz is very telling because they were the liberal establishment Republicans in the Reagan White House. They were not movement conservatives."
By: Admin - Climate DepotApril 9, 2020 4:18 PM
https://capitalresearch.org/article/the-growing-eco-right-presence-at-cpac/
by Kevin Mooney
Several eco-Right groups burrowed into the Conservative Political Action Conference (CPAC) in February 2020. Their calls for big-government solutions to address the claimed effects of climate change smack of left-of-center environmental activism and have little in common with limited government, free market, or constitutional conservativism. And their connections with and funding from left-wing sources reinforces this suspicion.
The Eco-Right at CPAC
Young Conservatives for Carbon Dividends (YCCD), a nonprofit advocacy group targeting college-age Republicans and recent college graduates, occupied a prominent position in CPAC's exhibit hall, where the group promoted its climate change agenda. These self-described "young conservatives" seek to place a price on CO2 with the expectation that it would spur industry to develop new technology. "This would level the playing field for energy competition and unleash the greatest force on earth—American innovation—toward a cleaner and more prosperous future," the group claims on its website. Once the price is set, the plan then calls for all of the new tax revenue to revert back to the American people in the form of carbon dividends.
YCCD frequently invokes the name of Ronald Reagan in their literature and on their website. They also take their inspiration from James Baker, secretary of the treasury and chief of staff under Reagan, and from George Schultz, who served as Reagan's secretary of state. Baker and Schultz were instrumental in crafting a carbon dividend plan on behalf of the Climate Leadership Council, an international research and advocacy group based in Washington, DC, that includes former government officials. The Baker-Schultz plan calls for a tax on carbon that would be "gradually increased" over time and then "returned to the American people on an equal and monthly basis via dividend checks, direct deposits or contributions to their individual retirement accounts," according to the council's description of the plan.
The fact that college Republicans identifying themselves as young conservatives are modeling their carbon dividend proposal after the Baker-Schultz plan should be troubling to anyone who believes in constitutional limited government.
But once you give the federal government a massive new power like this, you are giving it a blank check for the future. This is really just another scheme to raise costs and it's dead on arrival. Whatever might be passed, will be reinterpreted by judges and it will become a massive new tax to go after the energy sector. This dividend proposal is really about redistributing wealth. The fact that the heroes of this movement are Baker and Schultz is very telling because they were the liberal establishment Republicans in the Reagan White House. They were not movement conservatives.
(ClimateDepot is a project of the Committee for a Constructive Tomorrow, widely known as CFACT, a nonprofit based in Washington, DC, that favors free-market environment policies and challenges the notion that human activity is responsible for catastrophic climate change.)
By contrast, YCCD insists that "climate instability" threatens the American way of life and that their proposal could "lay the groundwork for a free market climate breakthrough." Kiera O'Brien, YCCD founding president, described the carbon dividend proposal as a "revenue neutral" plan during an interview at CPAC: "The idea is to place a price on carbon with the support of business and give quarterly dividends back to the public," she said. "This would help to roll back regulations and unleash American innovation. We are against expensive proposals like the Green New Deal. We are for the free market."
But Bonner Cohen, a senior fellow with the National Center for Public Policy Research, a conservative think tank in Washington, DC, advises young CPAC attendees inclined to support carbon dividend plans to take a harder look at scientific findings that debunk alarmist theories:
The group assumes, without citing any supporting evidence, that that global temperatures will rise to the point that 'action' will have to be taken. After accepting the unsupported premise of the alarmists, it then moves on to its solution, which it calls carbon dividends. But this is really a massive wealth-redistribution scheme that will have no effect whatever on the climate but will tax the fossil-fuel industry and the infrastructure that supports it out of existence, leaving the country dependent on intermittent and unaffordable renewable energy for its electricity and transportation fuel.
YCCD formed just a few months ago in 2019, which means its financial records are not available to the public. The group is closely aligned with Students for Carbon Dividends, a nonprofit based in New York that also supports the Baker-Schultz plan.
The board of directors for Students for Carbon Dividends includes Ted Halstead, the founder and chairman of the Climate Leadership Council, whom InfluenceWatch describes as "an environmental activist and advocate for left-leaning environmental policies."
Although the Climate Leadership Council markets its carbon tax plan as a conservative plan because it is "revenue neutral" and co-authored by prominent Republicans, InfluenceWatch finds that the council's founding members and many of its leaders "are known for their center-left views," Moreover, financial records available at InfluenceWatch show the council has received "substantial grants from Arnold Ventures, a for-profit extension of the left-wing mega-funder the Laura and John Arnold Foundation." Since 2017, the council has received more than $4 million from the foundation.
RepublicEn
The other carbon tax advocacy group staking a claim to conservatism during the CPAC conference was RepublicEn, which is based out of the Center for Climate Change Communication (4C) at George Mason University. RepublicEn was founded by former Rep. Bob Inglis (R-SC), who now serves as its executive director.
Alex Bozmoski, director of strategy and operations for RepublicEn, participated in a CPAC panel discussion with climate skeptics from the CO2 Coalition, a nonprofit group based in Arlington, Virginia, that includes dozens of scientists, scholars, and policy analysts who have found that increased CO2 has benefits for the environment and humanity. During their presentations representing the CO2 Coalition, Dr. William Happer and Genesis Torres argued that CO2 is not a pollutant and is in fact beneficial to animal and plant life. In contrast, Bozmoski opened his presentation with personal attacks on Harper and Torres, further arguing—strangely—that their research violated the scientific method, according to James Taylor, a senior follow for environment and energy policy at the Heartland Institute. Taylor sees RepublicEn as trying to "masquerade as conservative Republicans" while advancing a carbon tax plan that would result in bigger, more intrusive government.
InfluenceWatch finds that RepublicEn is closely tied in with left-of-center groups such as the Citizen's Climate Lobby, which is part of the U.S. Climate Action Network, a larger coalition of liberal environmental activists. The George Mason University 4C outfit that houses RepublicEn has received "millions of dollars in grants from left-wing funders including the Energy Foundation, Skoll Global Treats Fund and the Sea Change Foundation."
The "Conservative" Green Groups
Kenny Stein, director of policy for the Institute for Energy Research, a nonprofit that favors free-market solutions in the energy sector, views left-of-center environmental activism now evident at CPAC as part of a larger effort to sell big government schemes:
The rise of "conservative" front groups in the energy and environment policy space is not a new phenomenon, we have seen these groups proliferate year after year. Without exception these groups rely on funding from left wing billionaires and San Francisco–based foundations, sometimes with additional contributions from various large corporations looking to buy green indulgences. IER's Big Green Inc. database shows how a small number of these foundations have spent billions of dollars over the past decade to cultivate influence and support for their extremist environmental policies across the country.
Stein continued:
The purpose of these front groups we see at CPAC and elsewhere is twofold. First, they are meant to create an illusion of a broad, grassroots movement on the right in favor of government regulation and intervention in energy. Thus, the more groups, the better for the illusion. Secondly, these groups are being used by these left-wing foundations to infiltrate and undermine the broad consensus that exists on the right side of the spectrum in favor of freer markets in energy. There is nothing conservative about the sorts of big government, tax-hiking policy proposals these groups are pitching.
So, what does CPAC say about the heightened influence leftie environmental activists have been wielding at CPAC?
Matt Schlapp, the chairman of the American Conservative Union (ACU), which runs CPAC, said during an interview at the conference that the ACU is opposed to a carbon tax, but he also said that the conference makes room for different viewpoints.
ACU does not support a carbon tax and I don't support a carbon tax. We don't mandate that everyone here at CPAC have the same views. A tax on carbon would be just another vein to suck the blood of American consumers and it would lead to higher energy prices. The Green New Deal, for instance, is nothing more than another mandate to burden the American people with higher costs without doing anything for the environment.
Schlapp also said he wasn't particularly familiar with the Young Conservatives for a Carbon Dividend and didn't know about their source of funding.
Curiously, today, CPAC sent out an email with the subject "Solve climate change with common sense, not hysteria" inviting recipients to join RepublicEn and the #EcoRight movement.
The source from the Young Republican Federation suspects that green activists with the American Conservation Coalition will use their resolution as leverage with pliable Republicans on Capitol Hill now that it has passed.
As Cohen noted,
If you are a rival of the United States in China, Russia, or Iran, this is a dream come true. The young people who have joined the YCCD have been thoroughly coned, and once the group's 1099s become available, it will be fascinating to see by whom.
Kevin Mooney
Kevin Mooney, a frequent CRC contributor, is an investigative reporter for The Daily Signal.
Filed under: carbon tax, gop, mediacd


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Archived polls
About The Mountaineer
January 21Biden sworn in as 46th president of the USA
January 21Winter sports begin with strict safety guidelines
January 20"TAP into Summer" strives to change Monroe County schools
January 20Winter activities abound in the Poconos
January 19Student Spotlight on Brenna Lambert
Hi! My name is Jasmyn Sanchez and I'm a senior at Stroudsburg High School. This is my third year in journalism and I'm currently Co-Editor-in-Chief of the Mountaineer. I love soccer and always enjoy snuggling in bed with a book in my hand without a care in the world. I love Chinese food and could eat it anywhere, any day. I'm excited for another year with the Mountaineer and can't wait to see what we can achieve.
Jasmyn Sanchez, Editor-in-Chief
"TAP into Summer" strives to change Monroe County schools (Story)
Important Information from Mr. Sodl (Story)
Homecoming Nominees 2020 (Story)
Local students form nonprofit organization to help during this difficult time (Story)
SHS club, The Acceptance Project, moves online (Story)
Should people see race? (Story)
What should be in the Best Buddies' new school store? Fill out the brief form below! (Story)
Executive Deputy Attorney General visits SHS club The Acceptance Project (Story)
Talent Showcase (Story)
Mini-Thon in Stroudsburg High School (Story)
Poetry among Stroudsburg High School Students (Media)
Poetry Out Loud: SHS student competes at regionals (Media)
SHS senior cellist earns first place in district competition (Media)
Stroudsburg High School Friday night lights (Story)
Book Reviews/Recommendations (Story)
Students must consider a variety of criteria when choosing a college (Story)
How can students do homework more effectively? (Story)
2021 Wendy's Fundraiser: 9/19/19 (5:00 pm- 8:00 pm) (Story)
Sports of the Day (Story)
Pleasant Valley hosts Memorial game in honor of Schyler Herman (Story/Media)
Students who stay active lead more healthier lives (Story)
SHS newspaper awarded "Distinguished Site" status (Story)
Schyler Herman Memorial Soccer Game: 5/29/19 (6:00 p.m.) (Story)
3rd Annual Superhero 5k Run/Walk: 6/22/19 (Story)
Seniors, complete your senior survey here! (Story)
Spring Fest Open House: 6/2/19 (2:00 p.m.- 6:00 p.m.) (Story)
All Star Cheer Evaluations: 6/2/19 (10:00 a.m.- 2:00 p.m.) (Story)
Wing Night: 4/17/19 (6:30 p.m.) (Story)
Re-dedication to the Roy Lloyd Softball Field: 5/7/19 (Starts at 3:30) (Story)
Valerie Camacho (Media)
About us/contact us (Story)
Zombie Wars: 5/31/19 (6:00 p.m.) CANCELED (Story)
Mother's Day Succulent Sale: 5/6/19 – 5/10/19 (sold out, but more on sale during lunches on Wednesday or Thursday) (Story)
SHS Best Buddies Variety Show: 5/3/19 (Door opens at 6:00 p.m. and show begins at 6:30 p.m.) (Story)
Day of Silence T-shirts (only a few left) (Story)
Parallels Literary & Visual Arts Magazines Submissions (Story)
Spring Egg Grams: 4/9/19 – 4/17/19 (sold during lunches) (Story)
2019 Community Night: 5/7/19 (6:00 p.m.- 8:15 p.m.) (Story)
SASD 41st Annual Art Show: 4/12/19 (6:00 p.m.- 7:00 p.m.) – 4/13/19 (4:00 p.m.- 7:00 p.m.) (Story)
Stroudsburg Class of 2019 Panera Fundraising: 4/5/19 (4:00 p.m.- 8:00 p.m.) (Story)
No longer in touch with nature (Story)
Mini-THON March Madness (Story)
Smash Bros Challenge: 3/22/19 (5 p.m. – 8 p.m.) (Story)
Becca's Closet Free Prom Dresses: 3/22/19 – 3/24/19 (Story)
Cheating in the classroom increases in the digital age (Story)
Junior High Cross Country Pre-Season Informational Meeting: 3/14/19 (Story)
Mountie Challenge Dress Down Day: 3/22/19 (Story)
Family Game Night: 4/18/19 (6 p.m.) (Story)
Senior Class Donuts Sale (Story)
FBLA Dodgeball Tournament: 3/14/19 (6 p.m.- 8:30 p.m.) (Story)
Color Guard Spring Spin Clinics: 3/30/19 & 4/13/19 (9 a.m.- 1 p.m) (Story)
When it comes to learning, old school textbooks school online texts (Story)
Suicide Prevention Logo Design Contest: 3/27/19 (Story)
Camelback Hiring (Story)
Dob Workshops (Story)
Texas Roadhouse Key Club Fundraiser: 2/25/19 (4 p.m.- 9p.m.) (Story)
Blood Drive in Stroudsburg High School: 3/13/18 (9 a.m.- 2 p.m.) (Story)
Stroudsburg High School's Talent Show: 3/8/19 (6:30 p.m.) (Story)
You're a good man, Charlie Brown: 3/2/19 (12 p.m.) (Story)
Garden Club Clothing Sale (Story)
Act 48 Professional Development Training: February 2019 (Story)
The 2nd Annual Polar Plunge Pocono: 3/2/19 (11 a.m.- 3 p.m.) (Story)
Dr. Seuss' Green Eggs & Ham Brunch: 3/3/19 (11 a.m.- 2 p.m.) (Story)
High school students discover they are not prepared for college (Story)
NCC Monroe Campus Tours: 2/21/19 (11 a.m.) (Story)
Valentine's Day Dress Down: 2/14/19 (Story)
Mini-THON T-shirt Design Contest: (3/1/19) (Story)
Key Club Chocolate Covered Strawberries: Jan.28 – Feb.13 (Purchase at Lunch) (Story)
Online Mountaineer Bulletin Board (Story)
SASD implements a new vaping policy (Story)
Connected, yet disconnected (Story)
Stroudsburg Little League Baseball and Softball Registration (Story)
Umpires Wanted for Spring Season (Story)
Staff, students, and parents weigh in on new SHS Vaping Policy (Story)
King of Hearts Dance: 2/9/19 (7 p.m.-10 p.m.) (Story)
Green Shirt Day: 1/18/19 (Story)
Pocono Community Orchestra Winter Concert: 1/27/19 (3 p.m.) (Story)
Panera Fundraising: 1/18/19 (4 p.m.-8 p.m.) (Story)
Free Films for the Family: Starting 1/19/19 (10 a.m. and 1 p.m.) (Story)
Harry James Orchestra: 1/20/19 (2 p.m.) (Story)
Stroudsburg Apparel Sale (Story)
SADD Wendy's Fundraiser: 12/13/18 (5 p.m.- 8 p.m.) (Story)
Breakfast with Santa: 12/15/18 (9 a.m.-12 p.m.) (Story)
SASD Frost Fest- 12/7/18 (5:00 p.m.-9 p.m.) (Story)
SHS Homecoming floats compete to perform the best skit! (Media)
Stroudsburg Area School District implements new safety measures (Story/Media)
SHS Student Spotlights (Story)
The student news site of Stroudsburg High School
Jasmyn Sanchez

redpajama_set_name: RedPajamaCommonCrawl


For more than 20 years, Mimi Spencer has written features for national newspapers and magazines in the UK, including The Observer, The Times, Vogue and Harper's Bazaar. As the Fashion Editor of the London Evening Standard, she won the british Fashion Journalist of the Year Award in 2000, and went on to edit the paper's weekly title, ES Magazine.
Mimi has had a column in You Magazine at the Mail on Sunday for over a decade. In 2009, drawing on her personal and career interest in women's attitudes to weight loss, she wrote 101 Things To Do Before You Diet (Doubleday/Rodale).
Today, she writes regularly on women's issues and lifestyle for the Saturday Times, Marie Claire, Red and other magazines. She lives in Brighton on the south coast of England with her husband, two children, a small boat and an endlessly hungry dog.


I'm Pregnant: Can I Get a Massage?
Pregnancy massage can be enjoyed throughout the term of pregnancy as long as you are in good health and there are no complications with your pregnancy. You should confirm with your prenatal care physician before scheduling a massage. There are precautions you should consider depending on your specific health and stage of pregnancy. Abdominal massage should be avoided during the first trimester of pregnancy. You may still be able to lie on your stomach at this time, as long it is comfortable for you. During your second and third trimesters you should be supported by pillows and or cushions, either in a side lying position (off the right hip and vena cava), or even more comfortable for many is lying face down on a pillow cushion system or comparable pillow arrangement. Yes, it's okay to lie on your stomach with proper support, as long as no pressure is being put on your abdomen. Using a table with a hole where the abdomen hangs is not advisable, as it creates too much pressure on the lower back and may cause strain on uterine ligaments. Key pressure points should be taken into consideration, depending on where you are at in your pregnancy. For example, just above and below the inner ankle bones, at the webbing between the thumb and index finger, and around the wrists should be avoided during first and second trimesters, but may be worked gently to encourage labor if you're close or past your due date, and your prenatal physician has recommended it. Swedish massage is appropriate during pregnancy, with no deep work, particularly to the inner thighs and calves.
Pregnancy massage can be a very beneficial component of your prenatal care routine in both easing the discomforts of pregnancy and improving the overall health for both mom and baby. Working with a massage therapist who is trained in pregnancy massage, along with the guidance of your prenatal physician, and keeping good communication throughout the progress of your pregnancy is key to the success of pregnancy massage.
Nicole Trincia is a Massachusetts Licensed and Nationally Certified Massage Therapist who has been practicing in the Greater Boston area for over eleven years. She graduated from Healing Touch Institute in 2000, with certification in Holistic Massage Therapy. Her training includes Swedish, Esalen, Neuromuscular, Myofascial, Sports and Pregnancy Massage as well as Polarity, Aromatherapy, and yoga. As a member of the Associated Bodywork and Massage Professionals (ABMP), Nicole has expanded her massage into an integrative style, customized to the unique needs of her clients. She incorporates Cranio Sacral, Thai Massage, Hot Stone, assisted stretching, and Feldenkrais techniques. In 2010, she successfully completed the First Degree of the Usui System of Reiki Healing. Over the years of working in integrated wellness centers, spas and in private practice, Nicole has guided clients with intuition and compassion, out of restriction and pain, into more physically and emotionally productive living. Her clients range from professional athletes, musicians, children, the elderly, and those with repetitive stress injuries, systemic illness, special needs, and emotional stress. Having earned a B.A. in Psychology from Wheaton College and a M.A. in Education from Lesley University, Nicole is personally fascinated with the mind-body connection. She is committed to identifying stress patterns and educating her clients on proper body mechanics, work habits, diet and exercise. Nicole has been practicing Forrest Yoga for eleven years and has studied Macrobiotics. She has played various sports since childhood, and has overcome repetitive stress injuries through the use of massage, yoga, and other integrated therapies without surgery. She delights in sharing what she has learned through massage and overall mind-body awareness with her clients, so that they may live a more balanced, vivacious, and joyful life!


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UHD and City of Houston Launch 'Build Up Houston'
Owners of small businesses in Houston's construction service industry soon will have access to an award-winning program designed to build their operational capacity, increase revenues, and create sustainable jobs in the region, local and national leaders announced today.
The City of Houston's Office of Business Opportunity, the University of Houston-Downtown (UHD) and Boston-based nonprofit Interise jointly announced the launch of "Build Up Houston," the city's new executive education program that supports small construction companies currently operating and doing business in the City of Houston.
Since 2012, the Office of Business Opportunity has provided educational opportunities for construction firms in Houston to help them overcome construction industry challenges and share best practices. With its initial program yielding strong results, the Office of Business Opportunity seeks to enhance its initiative with the addition of Build Up Houston, launching Nov. 18, 2014.
Build Up Houston is a comprehensive seven-month program that will cover financial management, marketing and sales, human resource tactics, business strategy development, and access to capital and new contracts. Utilizing an interactive curriculum format, participants will get the tools and confidence to take the next step in their own growth trajectories. The program will use an award-winning curriculum developed and refined by Interise. Over the past 10 years, Interise has established itself as a results-driven national leader in helping established small business owners get to the next level of success and growth.
Utilizing an interactive curriculum format, participants will get the tools and confidence to take the next step in their own growth trajectories.
"The City of Houston is pleased to partner with UHD and Interise to bring this capacity building program to our great city," said Mayor Annise D. Parker. "With over 8,000 small construction companies in the Houston-Galveston region, these companies are not only helping to keep our economy strong, they also are employing over 166,000 Houstonians."
"Interise is very fortunate to expand our impact to Houston, especially during this time of remarkable growth," said Jean Horstman, CEO of Interise. "As partners, we are aligned in our beliefs that local small business growth and practical business education is the key to job growth and economic resilience."
"The Office of Business Opportunity is always looking for new ways to develop and assist small businesses in the Greater Houston area," said Director Carlecia Wright of the Office of Business Opportunity. "Interise has a proven track record of success in other cities in terms of growing the capacity of small businesses and we are looking forward to bringing this opportunity to Houston with the partnership of UHD."
"UHD is proud to be a partner with the City of Houston and Interise to develop organizational capacity for Houston's booming construction service industry," said UHD President Bill Flores. "Together, we will provide participants with tools and training to help them grow their companies as they do business with the City of Houston."
Interise's StreetWise 'MBA' ™ curriculum already is offered in 36 communities across the nation, including Dallas, through both the Greater Dallas Chamber of Commerce's Executive Education Program and Small Business Administration's Emerging Leaders program. The City of Houston now will join a network of providers that includes the City of New York Small Business Services, City of Portland Procurement Services, and the Capital Region Minority Supplier Development Council.
"With over 8,000 small construction companies in the Houston-Galveston region, these companies are not only helping to keep our economy strong, they also are employing over 166,000 Houstonians."
Of the more than 8,000 small construction companies in the Greater Houston area, nearly 97 percent have fewer than 100 employees, but opportunities to build capacity open the door for greater opportunities for employment. By supporting small businesses, the City of Houston, UHD and Interise aim to strengthen neighborhoods across the Houston region.
The Office of Business Opportunity has begun accepting applications for the Build Up Houston program.
To learn more about the program, please visit www.houstontx.gov/builduphouston.


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Home » Investments » UCITS Funds » Thornburg Investment Income Builder Fund (UCITS)
Thornburg Investment Income Builder Fund (UCITS)
SYMBOL: THIIBID ID
SHARE CLASS: I Dist
I Acc A Acc A Dist C Acc I Dist X Acc
Matt Burdett
Portfolio Manager and Managing Director
Vice Chairman and Chief Investment Strategist
Jason Brady, CFA
Global, diversified multi-asset portfolio of income-producing stocks and bonds that seeks to deliver an attractive and growing income stream.
Proven bottom-up fundamental research process to identify dividend-paying companies with strong cash flows that have both the ability and willingness to pay and grow their dividends over time.
Highly active, flexible approach that allows us to go anywhere in the world to seek income.
The fund's goal is to provide investors with a level of current income which exceeds the average yield on U.S. stocks generally, and which will grow, subject to periodic fluctuations, over the years on a per share basis.
The strategy is a multi-asset portfolio of global dividend-paying stocks selected via a bottom-up, fundamentals and valuation-sensitive process. The strategy seeks to generate an attractive and growing income stream, with capital appreciation over time by building a portfolio of companies that have the ability and willingness to generate cash flow and distribute dividends to its shareholders.
Thornburg Income Builder Opportunities Trust – 4th Quarter Update
Thornburg Investment Income Builder Fund – 4th Quarter Update
Investment Income Builder Blend (%)
Performance data shown does not reflect the deduction of the Fund's sales charge; if reflected, the performance would be reduced.
Morningstar quartile ranking for USD Aggressive Allocation category is based on total returns before sales charges for 1-, 3-, 5-, and 10-years, among 460, 338, 266 and 111 funds, respectively, as of 30 Sep 2022, and 469, 341, 263 and 115 funds, respectively, as of 30 Nov 2022.
Share class inception dates: A Acc shares, 29 Jun 2012; C Acc shares, 15 Aug 2017; I Acc shares, 29 Jun 2012; A Dist shares, 19 Apr 2017; I Dist shares, 3 Apr 2017; X Acc shares, 04 Aug 2021.
Categories,ID Shares,Investment Income Builder Blend
2020-03-31,9473,16301
2012-06-29,,10000
(As of 31 Mar 2017)
(Hypothetical Growth of $10,000 vs Investment Income Builder Blend)
The performance data quoted represents past performance; it does not guarantee future results.
Investment Income Builder Blend
EAA Fund USD Aggressive Allocation
THIIBID ID
I Dist
Annualized Distribution Yield
Taiwan Semiconductor Manufacturing Co. Ltd.
BNP Paribas S.A.
CME Group, Inc.
Broadcom, Inc.
AbbVie, Inc.
ABBV
QUALCOMM, Inc.
Diversified Financials
Korea, Republic of (South Korea)
Unclassifed
Holdings within the Geography breakdown are classified by country of risk as determined by MSCI and Bloomberg.
Matt Burdett is portfolio manager for Thornburg Investment Management. He rejoined the firm in 2015 as an associate portfolio manager and was promoted to portfolio manager in 2018. Matt spent several years as a senior vice president and portfolio manager at PIMCO, where he co-managed various dividend-oriented strategies. Prior to his time at PIMCO, Matt worked as an equity analyst…
Brian McMahon is chief investment strategist for Thornburg Investment Management. Brian is deeply respected for his market and investment insight and serves as a key voice for the investment team and Thornburg clients. He also co-manages Thornburg's global equity portfolios and serves as vice chairman of Thornburg. Brian joined Thornburg in 1984 as chief investment officer; a role he held…
Jason Brady is president and CEO of Thornburg Investment Management. He is responsible for the company's overall strategy and direction. He is also portfolio manager on multiple strategies. He joined the firm in 2006, was made portfolio manager and managing director in 2007, and president and CEO in 2016. His book Income Investing: An Intelligent Approach to Profiting from Bonds,…
This does not constitute or contain an offer, solicitation, recommendation or investment advice with respect to the purchase of the Funds described herein or any security. The Fund's shares may not be sold to citizens or residents of the United States or in any other state, country or jurisdiction where it would be unlawful to offer, solicit an offer for, or sell the shares. For information regarding the jurisdictions in which the Fund is registered or passported, please contact Thornburg at contactglobal@thornburg.com or +1.855.732.9301. Fund shares may be sold on a private placement basis depending on the jurisdiction. This should not be used or distributed in any jurisdiction, other than in those in which the Fund is authorized, where authorization for distribution is required. Thornburg is authorized by the Fund to facilitate the distribution of shares of the Fund in certain jurisdictions through dealers, referral agents, sub-distributors and other financial intermediaries.
Any entity forwarding this, which is produced by Thornburg in the United States, to other parties takes full responsibility for ensuring compliance with applicable securities laws in connection with its distribution.
The Fund is a sub-fund of Thornburg Global Investment plc ("TGI"), an open-ended investment company with variable capital constituted as an umbrella fund with segregated liability between sub-funds, authorized and regulated by the Central Bank of Ireland ("CBI") as an Undertaking for Collective Investments in Transferable Securities ("UCITS"). Authorization of TGI by the CBI is not an endorsement or guarantee by the CBI nor is the CBI responsible for the contents of any marketing material or the Fund's prospectus, supplement or applicable Key Investor Information Document ("KIID"). Authorization by the CBI shall not constitute a warranty as to the performance of TGI and the CBI shall not be liable for the performance of TGI.
Before investing, investors should review the Fund's full prospectus and supplement, together with the applicable KIID and the most recent annual and semi-annual reports.
Copies of the Fund's prospectus and supplement can be obtained from State Street Fund Services (Ireland) Limited, by visiting www.thornburgglobal.com or by contacting the local paying or representative agent or local distributor in the jurisdictions in which the Fund is available for distribution, and are available in English.
The KIIDs can be obtained from www.thornburgglobal.com and are available in one of the official languages of each of the EU Member States into which the Fund has been notified for marketing under the Directive 2009/65/EC (the UCITS Directive).
In addition, a summary of investor rights is available from www.thornburgglobal.com. The summary is available in English.
The Fund is currently notified for marketing into a number of EU Member States under the UCITS Directive. The Fund can terminate such notifications for any share class and/or the Fund at any time using the process contained in Article 93a of the UCITS Directive.
Investments carry risks, including possible loss of principal. Additional risks may be associated with investments in emerging markets, including currency fluctuations, illiquidity, volatility, and political and economic risks. Investments in small- and mid-capitalization companies may increase the risk of greater price fluctuations. Portfolios investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Unlike bonds, bond funds have ongoing fees and expenses. Investments in mortgage-backed securities (MBS) may bear additional risk. Investments in the Fund are not insured, nor are they bank deposits or guaranteed by a bank or any other entity. For risks materially relevant to the Fund, please read the Fund's Annual Report or Prospectus/Supplement available at thornburgglobal.com.
No securities commission or regulatory authority has in any way passed upon the merits of an investment in the Fund or the accuracy or adequacy of this information or the material contained herein or otherwise. Neither this or the Offering Documents have been approved in any jurisdiction where the Fund has not been registered for public offer and sale. This information is not, and under no circumstances is to be construed as the Offering Documents, a public offering or an offering memorandum as defined under applicable securities legislation. Application for shares may only be made by way of the Fund's most recent Offering Documents.
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'Fahrenheit 451' Trailer: Michael B. Jordan Burns All Of The Books
By eelyajekiM | @ | February 27th, 2018 at 10:00 am
Michael B. Jordan is a bit of a hot head, but not in that kind of way. Having already played characters who could spontaneously combust or just wanted to see traditions being burned, the actor will be taking his pyromania to a more serious film.
In HBO's Fahrenheit 451, based on the Ray Bradbury novel of the same name, Jordan plays Guy Montag, a fireman who is tasked with burning books and anything resembling a written work. But Montag is beginning to have some serious doubts about the work he is doing and questions his existence. He'll be joined by Michael Shannon, who plays fire captain Beatty, the leader of the troop that burns the books and the buildings they are held in. A new teaser trailer for the film has been released, and can be found below.
Topics: Movies, News, Trailers
Tags: Amir Naderi, Fahrenheit 451, HBO, Laura Harrier, Lilly Singh, Martin Donovan, Michael B. Jordan, Michael Shannon, Ramin Bahrani, Ray Bradbury, Sofia Boutella
Teaser Trailer For HBO's 'Fahrenheit 451' Released
By The Movie God | @ | January 15th, 2018 at 6:00 pm
HBO released the first teaser trailer for their adaptation of the Ray Bradbury classic Fahrenheit 451 recently, and announced that it will premiere sometime this spring.
The movie stars Michael B. Jordan, Michael Shannon, Sofia Boutella, and Lilly Singh, and is directed by Ramin Bahrani, from a screenplay penned by Bahrani and Amir Naderi.
Continue below for more and to check out the teaser.
Tags: Amir Naderi, Fahrenheit 451, HBO, Lilly Singh, Michael B. Jordan, Michael Shannon, Ramin Bahrani, Ray Bradbury, Sofia Boutella


Lori Mitchell's Halloween collection is always among the most popular during the season. Much like her Christmas collection, her whimsical Halloween figurines are both adorable and timeless. Lori Mitchell figurines are unique, and their expressions will brighten any home with love and warmth. They are sure to be passed through generations in your home. The youngest children in your family, all the way to Grandpa, will adore these brilliant pieces.
Bayberry Cove is proud to bring you the artistic creations of Lori Mitchell, and her endearing Halloween figurines will brighten your home with the spirit of the season.


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FIFA chief Infantino keen to expand Women's World Cup
July 5, 2019 by Football Paradise Staff Reporter
FIFA president Gianni Infantino wants to expand the 2023 Women's World Cup from 24 teams to 32.
Australia, Brazil and Japan are among 10 countries that have expressed an interest in staging what would be the ninth edition of the Women's World Cup, with a decision on the host expected in March 2020.
Speaking to reporters in Lyon ahead of the last two games at France 2019, the head of world football's governing body said: "I want to expand the tournament to 32 teams.
FIFA President Infantino hails France 2019, outlines proposals for future of women's game https://t.co/6qBBDc6Zk7
— FIFA Media (@fifamedia) July 5, 2019
"We will have to act quickly to decide if we are to increase it for 2023 – if we do we should reopen the bidding process to allow everyone to have a chance or maybe co-host. Nothing is impossible."
The men's World Cup has been expanded from 32 to 48 teams from 2026 onwards but Infantino has recently had to admit defeat in his bid to bring this forward by four years to Qatar 2022.
The Swiss-Italian said he would develop the idea as quickly as possible so FIFA's ruling council and 205 member associations can have their say on the plan.
Infantino also made the customary claim that this World Cup was the "best ever" and said he wanted to press ahead with plans to start a Women's Club World Cup, too, perhaps even as early as next year.
Sweden (1995)
Germany (2011)
Canada (2015)
"We need a Club World Cup which can be played even every year to expose clubs from all other the world to make clubs invest even more in women's football to really shine on a world stage which is a real and true Club World Cup," he said.
Infantino added that FIFA will increase its investment in the women's game to one billion US dollars (£800m) over the next four-year funding cycle.
Returning to the current tournament, England play Sweden in the third-place play-off on Saturday, with defending champions United States meeting the Netherlands in Sunday's final.
Tags: composite, Football, FPstaff, Gianni Infantino, News, PA, Soccer, Sport, story, UK, Women's World Cup, World, World Cup
Portugal in the 21st Century – The Cost of Gold
The Dance of Ambition: USA at World Cup 1990
Guardiola says contract clause report is 'not true'
Tottenham 2 v Manchester United 0 – story of the match
Messi's dead-ball brilliance sends Barcelona three points clear at top.
FA names internal candidate Mark Bullingham as its next chief executive
Jimmy McIlroy found his home at Burnley
Everton manager Ronald Koeman "very disappointed" by Wayne Rooney's drink-driving charge
Alex Berenguer scores winner as Torino see off Frosinone
Charlie Austin could leave as Southampton eye move for Birmingham's Che Adams
Olivier Giroud hails Frank Lampard's positive outlook
Newcastle boss Bentiez wishes Ferguson a speedy recovery
James seeks December surge to lift United's season
Michael Devlin says Steve Clarke needs time to turn around Scotland's fortunes
West Ham sack Tony Henry after investigation into racism allegations


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Q: Passing a variable from PHP to jQuery on page load I'm trying to take a reference variable from the url, and query my database when the user first visits the page.
I then need to take this results and plot on google maps.
<?php
    include('storelocator/db/config.php');
    include('storelocator/db/db.php');

    if(isset($_GET['ref'])){

        $ref = stripslashes($_GET['ref']);

        $sql = "SELECT * FROM `markers` WHERE `ref` = \"".$_GET['ref']."\"";

        $result = mysql_query($sql);
        $row = mysql_fetch_row($result);
        print_r($row);
    }
?>

This is my code at the top of my index page, it works fine, the print_r gives the correct results. I'm just not sure how to pass these results to jQuery to be plotted. (I know how to plot, I basically need to know how to pass a variable $row['latlng'] to jQuery.)
thanks

A: Something like this
<script type="text/javascript">
var markers = <?php echo json_encode($row) ?>;
</script>

Now the markers JavaScript variable will be available to any scripts following the above.
You can access associative entries from the PHP $row array using
var latlng = markers.latlng;

While we're here, you should protect your query from SQL injection. Whilst I always recommend using PDO and parameter binding, a quick fix for you would be
$ref = get_magic_quotes_gpc() ? stripslashes($_GET['ref']) : $_GET['ref'];
$sql = sprintf("SELECT * FROM `markers` WHERE `ref` = '%s'",
               mysql_real_escape_string($ref));

A: In line with
print_r($row);

put:
echo '<script type="text/javascript">';
echo 'var latlng = "' . $row['latlng'] . '";';
echo '</script>';

This is the way to pass data to JavaScript. ;)

A: the following code pass your data to the javascript variable: 'data'
echo "<script>var data='".$row['latlng']."';</script>"

redpajama_set_name: RedPajamaStackExchange


text:
Dick's Guatemala Journal – December 20 – 24, 1999
The following is my uncut, unedited and unorganized journal – but with lots of (hopefully interesting) detail about what we have been up to!
– We arrive in Guatemala City and immediately descend on the ATM. Based on our Costa Rican experience where our card, (Cirrus) was not useable in most machines and concerns that between the election on Sunday, December 26 and potential Y2K issues, cash will be king. Unfortunately, the machine restricts withdrawals to 1,000 quetzales, (approximately $130.00 based on the exchange rate of 7.6 quetzales per dollar) so I stand for 15 minutes, in a country known for armed bandits, at an ATM repeatedly making withdrawals. Also, the largest denomination note is 100 quetzales, (approximately $13) so I am walking around with pockets fully laden with what's equal to a year plus of annual income in Guatemala.
Guatemala City is a large urban developing country capitol, highly polluted, population of 3 million (almost equaling the total population of Costa Rica) out of the country's total 10.5 million. That said, we pass Indian women in brightly colored traditional native garb carrying large bundles of fabric on their heads without using their hands, street vendors all over the place selling everything from baskets to peanuts, which more than make up for the large Coca Cola bottling company, Wendy's, Pizza Hut, Dunkin' Donuts and Chucky Cheese.
I ask about potential safety issues with regard to Guatemala's run off election this Sunday, December 26th and I'm told that there should not be any problems, certainly not in the smaller villages which we will be visiting, and even in the capitol, there would probably only be isolated incidents.
The road to Antigua takes you from Guatemala City at approximately 1,500 meters over 2,000 meter paths leaving the city's noise and pollution behind and again descending to 1,539 meters over sea level. Antigua is one of the oldest cities in the Americas and originally housed the first printing press, the fifth university in Latin America.
– Antigua, Guatemala – We awoke this morning to a magnificent view of Volcano Agua looking very Fiji like and encrusted in snow.
Antigua is a perfect Spanish colonial style town of 30,000 complete with markets full of local produce, live chickens, turkeys and ducks and brightly garbed Mayan Indian descendants. Certainly not untouched by tourism, there is a sign at Plaza de la Paz, Peace Place, in front of a historic church which has a prohibition in Spanish and English "No nudity either top or bottom". I assume this excludes the Indian women breast-feeding their children in authentic, original Snuggly type baby holders.
There are wonderful restaurants and boutiques with amazing Guatemalan handicrafts, furniture, carvings, fabrics and ceramics, (and we have been told that prices here are substantially higher than elsewhere in Guatemala, even higher than Guatemala City) but there is not much to complain about – there is even an Yogen Fruz (my favorite frozen yogurt – pick your own flavor and have it blended in on the spot). There is even a "four corners" in which three of the corners have photo-fnishing stores, along with colorful markets, street vendors hawking everything from fresh charcoal grilled corn on the cob to an array of breads, vegetable, fruits and Christmas decorations and ornaments.
– We're in the market in Antigua where there is a wide range of artisan's handiwork and I am listening to Ben throw a fit over which type of plastic, battery operated cell phone toy he wants to buy for a $1.50. There is something drastically wrong with this picture. And then with Ben screaming, we make another stop in the market where Alex finds a great deal – only 30 quetzales (approx. $4.00) two plastic Superman action figures shrink-wrapped with a DC comic.
An hour later, everyone has calmed down, and are looking at fireworks in the market and have successfully bargained down the price of Katie's beautiful stuffed horse (a much more legitimate Guatemalan craft from $2.00 to $1.00.
I place a call to Iomega regarding two intermittently failing Click drives. The only way to place a call to their 888 number is through MCI. I am kept on hold for 25 minutes and then after 25 minutes am talked through a diagnostic the tech support representative finally agrees with me that indeed I do have intermittently failing drives, but informs me that there is nothing he can do to help me, I have to call the company that handles Guatemala. I explain to him that there is no company that handling Guatemala and that a call to Miami will not be satisfactory, finally speak with a supervisor who, 30 minutes later has arranged a new shipment to me in Guatemala. The next challenges will be to see if anything arrives and hoping to avoid the 100% duty on imported items by calling them replacement parts.
At the libreria (stationery store), we purchase a range of school supplies – pens, crayons, paper and journal notebooks – for about $10. We then stumble upon a shop selling Pokemon cards run by a Guatemalan woman whose brother in-law ships them to her from New York. I ask her, and sure enough, the only buyers are American tourists. Guatemalan kids have neither the interest nor the incomes to support that expensive habit.
All of the very serious looking bank guards toting sawed-off shotguns peering intently at all passers by give one pause. This does not appear to be a security guard job for retirees seeking a social security supplement. Armed guards accompany even the soda bottle distributors.
– After long "conversations" of a sort that spouses of many years engage in (its not an "argument" it's a "discussion") Patty helps me "see the light" that I am being too hard on our children, that for nine months, they don't have a "home" and even though nine months of traveling around the world is our dream, and the children are enjoying it and doing very well, it is a stressful experience. It does place stresses on them not having a home, friends, their own room, their own things and they have reacted quite well to the theft of their special possessions. We do constantly get comments from people who cannot believe how well they are handling the constant change. We resolve that we will set an absolute standard of no whining or fits in public places, but otherwise allow them a bit more flexibility. In truth, I recognize that Christmas is coming, we are not at home and they are reacting as children. Ben really does love his cellphone; Alex purchased the Superman and other poseable action figures.
– In the market in Chichicastenango – We are each buying Christmas presents for each other. We negotiate hard over each quetzal (approx. $0.13). Ben sees a toy gun for Alex and I explain to him that buying guns is not a very good idea in a country where they really use the guns. We have very complicated personnel assignments as each child secretly gets presents for the other and for us.
– Chichicastenango – Mayan Inn. The past 48 hours has been a fantastic blur of travel adventures and experiences. Beginning at 6:00 a.m. Wednesday, December 22nd, I get ready to set out for Guatemala City to meet Fernando Bolanos a fellow YPOer who has responded to our "seeking pen pals" for our children. The get together was originally scheduled for both families at breakfast at hotel Quinta Royal in Guatemala City. Based on our plans, the balance of the day, the children's then current state of mind and the relative lack of appeal of having children meeting others in a fancy hotel breakfast setting, we change plans and I was going in alone. Fernando also requested that we move the meeting time up from the original 9:00 a.m. to 8:00 a.m. seeing as it was just going to be the two of us.
As Patty and I the night before, at midnight, finished our e-mailing of 38 photographs from Costa Rica for our first "photo gallery" on the website, I give serious thought to canceling and avoiding the hour drive in and out for a short, potentially stilted meeting. As it turned out, that would have been a very bad decision. As breakfast, in addition to learning that the upcoming election, on December 26th was to be a shoe-in for the new, now self-proclaimed "right wing" president (who had earlier been exiled from Guatemala during their 36 year civil war against Communist insurgence) and has admitted to two murders while exiled as a Communist in Mexico. For political opportunism he has since moved to the center and now to the right. Fernando explains that the business interest are particularly nervous in that no one took his candidacy seriously a year ago and now everyone is very concerned about what actions he may take when in office. He appears allegedly to have no real platform, promising anything requested to any audience, however, I am told that this is Guatemala's fourth election since democracy was restored after the civil war and no problems are expected. Fernando's primary business is banana plantation – they have 6,000 hectares, presently approximately 15,000 acres under cultivation and supply half of Del Monte's Guatemalan production and 18% of Del Monte's worldwide banana crop, in a business totaling approximately $100 million dollars a year. They also have side businesses and joint ventures including mango fruit processing, palm oil production and even multi-screen cinemas. He sells on 10 year fixed price contracts to Del Monte and Dole, which largely serve as middle men and shipping companies, with the following rough economics; he sells a minimum 40 lb. box for approximately $6.00 (approx. $0.15 a pound which is then sold by Dole or Del Monte for $0.25 – $0.40 a pound to the supermarkets which in turn sell an average retail of $0.49 – $0.59 a pound. As it turns out, bananas are very important to supermarket economics with gross margins of up to 50% and represent on average 3% of a store's profit.
Fernando leads a very international life – visiting the States, usually Miami, every six weeks to see his customers and making at least an annual trip to Boston. Several of the trips were for medical visits for family members at Mass General.
As our breakfast draws to a close, Fernando (or Don Fernando as he is known to his "people") asks me what my plans are for the balance of the day – I explain that I am going to shop at which ever department store he advises in search of Gameboys, Pokemon, Legos and other present that the kids have been requesting of Santa, rather than restricting it to Guatemalan handicrafts, which would be more "typical and authentic" – but after all Scrooge it is Christmas regardless of our own idyllic immersion in international travel. Fernando suggest Cemaco as the best department store for imported goods in Guatemala City, but also asks if I would have some time and an interest in joining him as he flies to inspect one of his fincas this morning. A quick call to Patty and she graciously agrees to watch the children at the hotel back in Antigua for the morning and enable me to go on this adventure. With incredible Latin gracious hospitality, he insists that I dismiss my driver and that his driver, after our visit, will accompany me to the store and then take me back to Antigua.
As we arrive at the airport, I'm expect to see a small Cessna – Fernando had explained that he could arrive in 35 minutes at this finca as opposed to 3 ¸ to 4 hours on curving mountain roads. We're met instead with a Bell Jet Ranger III helicopter and he puts me in the front seat as the pilot nervously removes all the dual control apparatus not wanting me to panic at some point putting us into a steep dive or climb by grabbing the "stick". We rise to our cruising elevation of approximately 300 feet above the ground. Immediately upon leaving the airport I am shown the remaining fuselage of the Cubana Airlines DC10 which crashed 100 feet upon take off yesterday, killing at least 28 of its 210 passengers. It was fortunate that it didn't go another 100 feet and begin plowing into hundreds of squatters' cottages. A 35-minute bird's eye view takes us past colorful lakes, burning sugar cane fields (an environmental nightmare which is carried out on all sugar cane fields prior to harvest, as it increases sugar concentration and removes all the loose leaves.) In order to force a stop to the practice, the US is threatening to restrict imports into the US from burnt fields. Harvesting is still largely manual but increasingly becoming mechanized.
I digress here for one moment on the Guatemalan sugar cartel as a fascinating example of probably one of the best functioning oligopolies today, although its solidarity is beginning to fray. There are a half-dozen producers who control Guatemalan sugar. World market prices for sugar are approximately $0.06 a pound – domestic Guatemalan oligopolistic prices are $0.27 a pound. The government has taken no efforts to impede the oligopolistic activities and the only crack so far has been Pepsi, which succeeded in getting one of the smaller producers to commit to it on a long-term contract of $0.16 a pound. Guatemalan law, as provided by the government as protection to the sugar producers requires soft drink bottlers to use only can sugar and not corn syrup as is now used throughout the world. This is a country which does not generally have "repressed rage" with its psychological implications – gunfire, explosives and heavy security seem to be the prevalent method of dispute resolution. In fact, when an entrepreneur sought to break the taxi medallion cartel in Guatemala City, his office and several of his cars where torched.
Banana growing is substantially more labor and capital intensive and productive than sugar cane. It takes one worker per hectare (approx. 2.5 acres) to run a banana plantation – 20 times the number required for sugar cane. Bananas also require extensive irrigation and drainage systems and very heavy fertilization. I learn that that is 550 kilograms of nitrogen and 750 kilograms of potassium and substantial fungicides. I am told that the banana plantation requires one kilometer of irrigation piping per hectare.
We also fly over and around volcanoes, the presidential summer retreat, pineapple, mango, cut flower and other plantations.
As we land, the chopper is met by two heavily armed, shotgun-toting security guards and proceed the next two hours serving all aspects of the 750 hectare finca's operation with the manager. The project is a joint venture with Del Monte and is only in its second year of production.
First small banana shoots are purchased from laboratories in Costa Rica and Israel, which use tissue culturing to produce the rootstalk. The stalk is then shipped temporarily potted in soil and placed under protective netting and then transplanted into the fields. One year later the first bananas can be harvested and thereafter, the main stalk is cut down (and one of the shoots or sons as they are called) is allowed to grow 9 months later producing its crop of bananas. Some plantations go 50 plus years with a great, great, great grandson's producing. Through Don Fernando's "direction" to his manager, I learned about the incredible attention to detail necessary. The plants must have a minimum of 40 millimeters of diameter in each banana harvested (some had been harvested early and would be rejected) the stalks enroute to the packing plant must be carefully wrapped in foam so the bananas don't bruise each other as they are hauled along on guide wires through the fields by cargadores who will pull many stalks at one time. One small blemish in the field will result in a completely black fruit by the time it is ripened in the States, then on to the packing shed where the bananas are cut into smaller bunches, quality controlled and with only top quality going for export, second quality for domestic supermarket sale and consumption and third quality thrown on trucks for local village use (Don Fernando claims that much of this isn't even paid for but given to the distributors of the villages in exchange for carting them away.) Otherwise, the business is similar to most others – Fernando hears of the problems of labor shortages because of Christmas, and that quality slippage is not allowed, all workers must understand and comply with the same standards, and that loss and wastage rates are far too high due to improper harvesting, temporary wrapping to the fields, and quality control for packing. One interesting operation is the wrapping of the banana stems once they have all been pollinated. They are wrapped in a white plastic to create a warmer, more humid environment that hastens ripening and improves the size of the resulting fruit. This is done by a single laborer on a small ladder who is paid piece work based on demonstrating his production by the number of flower tips cut off and counted at the end of the day, (cuts and bags approx. 200 trees per day). I am told that the plantation workers make an average of $8.00 per day, which is approximately 3 times the wages they would normally receive. The legal minimum age of 14 years old is waived with parental permission and it appears that, not withstanding compulsory education through the sixth grade, there is an ample supply of a very young labor force available.
I returned to Guatemala City fully invigorated by the helicopter ride and fascinating overviews I have seen. I was escorted to the Cemaco Department Store by one Don Fernando's drivers/guards who assists me in purchases for children's presents which probably far exceeds several months' worth of his wages. An awkward situation at best, but one which is very prevalent in developing counties. He relays first hand his fighting battles in the Civil War against insurgence in the jungle, said his original group of 500 suffered fatalities resulting in only 200 survivors at the end of the three year term, how he was conscripted at age 14 and served until he was 17 and about how, of those 200, many lost limbs or otherwise were permanently maimed or disfigured and how you'd be sent back into battles after injuries which were barely beginning to recover, and how the Communists fully infiltrated the local peasantry and were that much more dangerous in setting up ambushes. He is now one of many Don Fernando's security workers and explains of all the cautions that have to taken by the "executives" in Guatemala – the situation has dramatically improved from two years ago when kidnapping had become a major business operation. Two of Don Fernando's cousins were among those kidnapped. One of them was the first ever kidnapped for ransom and was released after 7 days for approximately $250,000. The second, six months later, was held for 45 days which tremendously frightened the family as no one knew if they were negotiating ransom for the release of someone still alive – all earlier kidnappings had been 7 to 10 days. As the tension increased so did the ransoms, with later ransoms being in excess of a million dollars. My driver/guide/guard has had several of his friends killed in defense of the executives they were guarding.


Many of a business's most important decisions are influenced by law as it relates to state aid. So, with that in mind, we take this opportunity to ask what, if any, will be the impact of Brexit on state aid law?
Not many people are aware that state aid rules impact across pretty much the full spectrum of corporate, commercial and business activities in Europe, but with the UK's decision to undertake Brexit, state aid law has inevitably fallen into sharp relief.
Of course, with Article 50 yet to be invoked and the UK's post-Brexit arrangements still to be negotiated, there is no clear indication yet what the future of state aid law in the UK will look like.
However, most experts predict with reasonable confidence that the UK will be able to negotiate a free trade agreement ensuring it is able to trade with the EU as part of a single market despite no longer being a member of the EU.
The UK would not be alone in this situation. Iceland, Switzerland, Norway and Liechtenstein are all non-EU members who manage to integrate successfully with the rest of Europe as members of the European Free Trade Association (EFTA). Furthermore, if the UK also joins the European Economic Area (of those countries listed only Switzerland is not an EEA member) it will ensure effective state aid law that is almost indistinguishable from that which applies to EU member states.
However, in the event that the UK finds itself facing an intransigent EU unwilling to negotiate a successful free trade agreement it will have to fall back on the rules laid down by the World Trade Organization.
State aid is a notoriously grey area. Commercial lawyers could spend more time than is useful arguing over which measures constitute unfair advantage – for example, regarding some grants and subsidies – and that which contributes usefully to a stronger EU economy, so-called "compatible aid".
It will be a difficult balancing act to achieve. For example, a European Commission report found that state aid increases manufacturing employment by around 7% in regions where it is granted, but being able to convince the EU that Brexit Britain's state aids are compatible may be more difficult than when we were part of Europe.
Although nothing can be certain at this time it seems that the impact of Brexit on state aid law will be minimal – although companies and commercial lawyers may have to make some changes to their commercial law considerations.


Worth it for anyone in Amsterdam thinking of going or anyone going out there.
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Getty Images (left) and Alex Wong/Getty Images (right)
Is Edward Snowden the Anti–Bradley Manning?
By Marc Tracy
For many, the first instinct yesterday upon reading about Edward Snowden, the Guardian and Washington Post's source on the National Security Agency stories, was to compare him to Bradley Manning, the U.S. Army private currently being court-martialed for disclosing hundreds of thousands of logs, videos, and diplomatic cables, many of them classified, to WikiLeaks. And Talking Points Memo editor-in-chief Joshua Micah Marshall seemed to articulate the bien-pensant liberal's gut feeling regarding the comparison—certainly he articulated my gut feeling—when he wrote, "Snowden seems to be who Manning's supporters always wanted to pretend he was but wasn't."
To anyone who knows the first thing about Manning and who read Glenn Greenwald's profile of Snowden yesterday (and watched the accompanying video interview), the differences between the two young men are as obvious as the resonances. Manning had been, according to all accounts, deeply unhappy (among other reasons, he was a gay man in the Don't Ask, Don't Tell military) and shy, and had suffered significant setbacks in his career; Snowden appears eloquent and poised, and had been living in Hawaii with his girlfriend making $200,000 a year while doing, according to him, not all that much work as an NSA contractor at Booz Allen Hamilton. Manning leaked to a guerilla outfit run by a pretty obvious megalomaniac, Julian Assange; Snowden leaked to a Constitutional lawyer turned award-winning journalist at The Guardian, which, for all its right-wing critics, is an esteemed, nearly 200-year-old newspaper, as well as to The Washington Post's Barton Gellman, who has won two Pulitzer Prizes.
Most conspicuously, Manning appears not to have discriminated in deciding what to leak, and chose an outlet that was unlikely to discriminate, either. By contrast, Snowden claims he deliberately didn't leak everything he could have gotten his hands on, and even explicitly contrasted this restraint with Manning's and Pentagon Papers leaker Daniel Ellsberg's lack of it. "I carefully evaluated every single document I disclosed to ensure that each was legitimately in the public interest," he told Greenwald. "There are all sorts of documents that would have made a big impact that I didn't turn over, because harming people isn't my goal. Transparency is." Snowden separately told Gellman, "I don't desire to enable the Bradley Manning argument that these were released recklessly and unreviewed."
But if, as Marshall implies, many liberals who fear security-state overreach were nonetheless troubled by Manning, then we ought to reconsider our rosier feelings toward Snowden. For who is he to decide that his release of sensitive information was not "reckless"? He may have had an obscene amount of access for a 29-year-old contractor, but that does not mean he had a bird's-eye view, nor does that mean he was an expert. And some of his disclosures suggest a man who is self-aggrandizing to the point of, well, recklessness. In his interview with Greenwald, for example, he discloses that he worked for the CIA under diplomatic cover for three years in Geneva, Switzerland. In thus blowing his (defunct) cover, he may have blown the covers of others and put them at risk, much as Manning's release of the State Department cables may have put others at risk.
On the other hand, if we are inclined to look kindly on Snowden's leaks because he seems able to justify them well and because he provided us information we are glad to have, then we must revise our view of Manning upward. That Manning was not able to explain himself as articulately as Snowden does not mean the service Manning performed was any less valuable. The operative characteristics of Manning's and Snowden's acts were the same: Both men (probably) broke the law to reveal secret information that they believed the public had a right to know. There is ample room for reasonable disagreement over whether such leaks are good or bad, but the respective imperfections of the leaks' vessels seems a distraction from that discussion.
Meanwhile, the Manning-Snowden comparison's lesson for the security state, which is reeling from the leaks ("literally gut-wrenching," Director of National Intelligence James Clapper called them), should be obvious. If you don't like anyone—from (allegedly) poor, confused Bradley Manning to (seemingly) confident, self-aware Edward Snowden—leaking classified information, the solution is to concentrate that information in as few hands as possible, rather than the 1.4 million people who currently enjoy top-security clearance, and to make sure those hands have a stake in the system—whether because they are democratically elected or are accountable to people who are democratically elected.
Marc Tracy is a staff writer at The New Republic. Follow him on Twitter @marcatracy.
mtracy@tnr.com
Edward Snowden, NSA, Bradley Manning, Wikileaks, NSA Leaks, Glenn Greenwald, Julian Assange


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Britain could be hit by power cuts next winter because the electricity supply is already 'close to its limits', experts warn.
Capacity is so stretched that a cold spell, combined with routine problems at one or more plants, could overwhelm the system and see blackouts in 2014-15, their damning report claims.
A major pressure on the National Grid is the forced closure of coal-fired power stations to meet European green directives, the Royal Academy of Engineering says.
But the drive to low-carbon power from wind farms and new nuclear power stations 'will come at a cost' and the authors call for politicians to be honest with the public about it.
Ed Miliband has promised to freeze energy prices for 20 months if Labour wins the 2015 General Election but the report, commissioned by the Prime Minister's Council for Science and Technology, says the major power firms already lack the certainty about prices to invest in desperately-needed new capacity, and will find it difficult to secure supply in future while trying to keep bills low.
Two of the Big Six energy firms have already announced inflation-busting price increases this winter, with British Gas's 9.2 per cent rise yesterday following SSE's 8 per cent rise last week.
For the report, engineers looked at capacity in the power network this year, in 2015 and in 2019, and how the system would cope during a peak in demand such as that seen during the freezing winter of two years ago.
They concluded that a combination of adverse conditions is 'likely to stretch the system close to its limits, notably during the winter of 2014-15, increasing the chance of power outages'.
Dr John Roberts, chairman of the working group, said these were 'real sets of challenging conditions that have happened before and can be expected again in the future'.
However, coal and gas-fired power stations are being forced to close as they do not meet EU regulations on pollution, while four nuclear plants are scheduled to be phased out by 2019.
Dr Roberts said this 'would reduce the flexibility of the system and increase the chances that otherwise manageable failures could jeopardise the country's power supply'.
But Business Minister Michael Fallon insisted: 'The lights are not going to go out. There will be a tightness in supply if nothing is done but stuff is being done.
The RAE experts interviewed staff at the National Grid, the regulator Ofgem, the Government and the big power firms.
They call on ministers to build more gas plants in the coming years, but say they must urge operators not to close them before 2015, and pay them to generate more capacity.
Ageing gas plants are being closed or mothballed because the high price of gas make them unprofitable.
And while coal prices have plummeted, undercut as a result of the shale gas boom in the US, around a dozen coal plants will close by 2015 because of green directives.
Dame Sue Ion, fellow of the RAE, who worked on the report, said: 'We're saying that when everything is going well there is enough capacity in the system, but if there is a bit of a problem such as one or two major stations going down for whatever reason and an anticyclone comes from over the Atlantic, then at peak, demand will potentially exceed supply.
'We have quite a lot of renewable energy being installed but it is intermittent, so unless you have gas to back it up it's a problem.
Major investment is needed in the electricity network, she said, but the new wave of nuclear power stations announced today will not come online until at least 2020 – leaving a looming gap.
Most of the network was built in the 1960s. Since then the population has risen by more than 10million – and the use of electricity in transport systems and to heat homes has soared.
Dr Roberts said: 'Major investment is needed in the UK's electricity system to achieve a modern, sustainable and secure service that will be the foundation of economic growth.
'Government will set the market conditions but it is private industry that will invest the necessary money.
Most of the energy companies operating in this country are international organisations that will invest in the UK only if it proves to be an attractive market.
'Modernising and decarbonising the system will come at a cost, with likely rises in the unit price of electricity and difficult decisions will need to be made.
China will be allowed to own and operate a new generation of nuclear power stations in Britain despite warnings the move is a 'serious error' that could undermine national security.
Chancellor George Osborne said yesterday he was happy for nuclear firms owned by the Chinese state to take a 'majority stake' in British power plants.
Billions of pounds of investment is likely to follow, with Chinese firms expected to take a major stake in the £14billion Hinkley C reactor planned for construction in Somerset.
But some experts have warned against giving China a controlling stake in the critical industry on national security grounds, arguing that it would leave Britain at the mercy of the Communist regime.
There are also concerns that the move could give China access to details about pressure points in Britain's energy supplies and other sensitive information.
Mark Pritchard, a Tory member of Parliament's national security strategy committee, said: 'Investment is needed, but not at any cost, particularly when there are national security implications.
'I don't have a big problem with Chinese involvement in designing and building nuclear power stations but they should not be allowed to operate them.
'It would be a serious error to let them have operational control of our electricity supply.' The Chancellor has also faced criticism from human rights groups after failing to raise China's appalling human rights record with officials during a week-long visit.
China's state-controlled People's Daily yesterday said a British admission that it had 'mishandled' the issue of Tibet had paved the way for a week that has seen Mr Osborne announce a string of Chinese investments in the UK.
The claim was dismissed by Downing Street, which said Britain's approach to Tibet and its spiritual leader the Dalai Lama had 'not changed'.
Officials insist the national security implications of extending China's reach in the UK have been fully considered.
French energy firm EDF has been negotiating with three Chinese nuclear giants on the Hinkley C project.
Initially Chinese companies are likely to hold a minority stake in any project, but this could rise over time to a majority.
Chinese companies have been criticised for their lack of transparency in a survey released by an anti-corruption watchdog.
China got the lowest rating of the five major emerging economies, behind India, South Africa, Russia and Brazil.
'Companies from China lag behind in every dimension with an overall score of 20 per cent,' Berlin-based Transparency International says.
'Given their growing influence in world markets, this is of concern.' Firms were marked on how transparently they present anti-corruption measures and disclose data.


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Paul Chuckle reveals he can feel the ghost of late brother Barry when he performs
Rebecca Calderwood
2 Jul 2020, 8:49
Updated: 2 Jul 2020, 10:32
PAUL Chuckle has revealed he can feel the ghost of his late brother Barry when he performs on stage.
The 72-year-old comic lost his beloved brother Barry Elliot in 2018 age 73 following a battle with cancer.
Paul Chuckle has revealed he can feel the presence of his brother Barry on stageCredit: Rex Features
However, he has since admitted Barry is never too far away as he can often feel his presence whilst performing on stage.
In fact, his brother even helps him with his jokes.
Paul, whose real surname is Elliott, told the Daily Star: "Baz comes to me in my dreams and I feel his presence when I'm waiting in the wings before I go on stage.
"He inspires me with gags. I'm doing a lot of the lines he used to do and I feel he's there helping me get laughs so I can time them the same as he did.
Barry died in 2018 following a battle with cancerCredit: Richard Pohle - The Times
The comic still performs on stageCredit: PA:Empics Sport
The brothers found fame on ChuckleVisionCredit: Rex Features
"I have so many happy memories of our time together."
The comedy duo first broke onto the BBC in 1985 with the show Chuckle Hounds, which was aimed at pre-school children and saw the comedy duo dressed as dogs.
They later found fame with ChuckleVision, which became known for the brothers' catchphrase To Me To You and won a host of awards.
The show was one of the longest running children's programmes on the BBC, continuing for 22 years from 1987 to 2009.
Barry died aged 73Credit: Getty - Contributor
Paul says Barry is never too far away
Paul went on: "It's like losing my right arm. Working on stage with him is what I miss most. No-one could make me laugh like he could.
"We started out in show business together when he was 18 and I was 15, and we were never apart from then on. I was the feed and he was the comic – the Ernie Wise to his Eric Morecambe."
It certainly isn't the first time Paul has revealed he's seen Barry's ghost.
Six months after Barry's death, Paul admitted he was still struggling to cope with his loss and often saw his brother in his dreams.
Barry has previously revealed Paul visits him in his dreamsCredit: Getty - Contributor
The comedy star was devastated following his brother's passingCredit: Getty Images - Getty
He said: "He [Barry] had never been in my dreams before, very rarely.
"It wouldn't be me and him doing something, but you know how in dreams you are walking around, and you bump into people – wherever I'm going, he'd always be beside me.
"And I think that's his way of coming back to tell me I was right, there is an afterlife."
Barry's death was announced on August 5, 2018 following a battle with a secret terminal heart condition.
BEAR DON'T CARE
Stephen Bear breaks quarantine again because 'rules don't apply to him'
Shortly before his passing, the pair's eldest brother Jimmy Patton revealed how Barry was "was gulping for air" and "in a very bad way".
Paul Chuckle makes emotional appearance on This Morning talking about brother Barry's death
Oxford Covid vaccine factory at risk of flooding as 2,000 homes evacuated


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Home » Profitable
Time Test Breeding Right Tops Goffs Online Sale
A breeding right to young National Stud stallion Time Test (GB) (Dubawi {Ire}), who was last year's leading European first-season sire by black-type winners with four, topped the Goffs Online Sale of Stallion Breeding Rights when fetching a bid of £100,000 from Dash Grange Stud. A breeding right to last year's champion European first-season sire Cotai Glory (GB) was purchased by Paul Harley Bloodstock for €40,000, while Joseph Burke purchased a breeding right to Profitable (Ire) for €35,000. Burke, who brokered the deal for Eclipse Thoroughbred Partners to purchase Profitable's...
Speed Sires In Bolger's Plans For 2022
As he prepares his runners for the upcoming flat season, Jim Bolger is also keeping a watchful eye on his breeding stock. The master trainer may be juggling the education of his runners with the oversight of his broodmares and youngstock, but Bolger has proven mighty adept at this kind of multi-tasking in the past: as has been well-documented, Bolger breeds many of his own runners, often going back two or three generations on both the top and bottom of the pedigree. His 2021 G1 2000 Guineas and G1 St...
Value Sires Part 5: First 3-Year-Olds
In this penultimate edition of the Value Sires Series, we look at stallions that had their first runners last year, and will therefore have their first 3-year-olds in 2022. With the numbers for 2021 tallied, this group actually appears to be a deep one, with plenty of them having done enough to go into their second years with a legitimate shot to still make it as a sire. While the last two cohorts produced runaway leaders in Mehmas (Ire) and Night Of Thunder (Ire), this year the riches were much...
Morny Date For Quick Suzy
G2 Queen Mary S. winner Quick Suzy (Ire) (Profitable {Ire}) will reappear in the G1 Prix Morny at Deauville on Aug. 22, with connections deciding to bypass Sunday's G1 Phoenix S. at The Curragh. Trained by Gavin Cromwell, Quick Suzy was purchased privately by the American-based Eclipse Thoroughbred Partners after breaking her maiden at The Curragh on May 3. Joseph Burke, who brokered that deal, said, "She worked well at The Curragh on Tuesday. But having spoken to Gavin, [jockey] Gary Carroll and Aron Wellman--the head of Eclipse Thoroughbred Partners--we...
Overbury And Tally-Ho Studs Share The Ardad Joy
ASCOT, UK--There's nothing quite like Royal Ascot to inject some interest into the first-season sires' championship and, with three days down and two to go, there will be several stallion masters with an extra spring in their step following the results of this week's juvenile contests. As Roger O'Callaghan of Tally-Ho Stud said on Thursday afternoon, "Royal Ascot is very important. This week can make the horses." And the O'Callaghan family has reason to be doubly pleased with the way the races have fallen so far this week. Their own...
The Weekly Wrap: Coming Of Age
In February, the inevitable announcement came that Pivotal (GB) was to be pensioned at Cheveley Park Stud at the age of 28. David and Patricia Thompson's homebred son of Polar Falcon has been one of the great British breeding stories of the last few decades and the sturdy chestnut has been a great friend to small and major breeders alike through his magnificent stud innings. As he continues his retirement, so does his legacy gain momentum. A few months before Pivotal was retired, his son Siyouni (Fr) had been crowned...
A Fresh Look With Hubie De Burgh
With the 2-year-old season now officially underway, we continue to survey the judges and learn who the most anticipated first-season sires are. Today, Hubie de Burgh shares his thoughts. He says, "all the chat is about Churchill (Ire), who has the numbers. He had some very nice stock. The horse I like is Profitable (Ire), who also has plenty of stock to run for him. I bought two by him which both trainers like very much. The other horse I like is Almanzor (Fr). He threw a really good- looking,...
A Fresh Look With Ross Doyle
It's that time of year: with just weeks to go to the start of the turf season, thoughts are turning to which of this year's freshman sires will be making a splash with their first runners. With 26 European first-crop stallions to consider, we have asked the views of those who have seen a good range of young stock at the sales. First in the hot seat is bloodstock agent Ross Doyle. He says, "We have a system where we see every single horse at the foal sales and the...
Profitable Favourite To Be Champion Freshman
The start of the Flat season may be more than two months away but there is already plenty of interest in the freshman sires of 2021, and Darley's Profitable (Ire) has been made 3/1 favourite by Fitzdares to take the championship. Ed Guiver, Head of Racing for Fitzdares, said, "We love pricing this market, which would be impossible to price were it not for the Weatherbys Stallion Book used alongside the Weatherbys Return of Mares. "It was hard to split the front four in the market but Profitable by the...
The wait is very nearly over for the young pretenders we will examine in this fourth installation of our multi-part Value Sires series: stallions with their first runners in 2021. While the full verdicts must be delayed until these are given a fair shake with their first full seasons with 2- and 3-year-olds, the reality is that the first juvenile races in the coming months will be akin to a perpetual Christmas morning in the bloodstock world, with each of us eager to unwrap the packages we have been examining...
Global Trade For Goffs Autumn Yearlings
The two-day virtual online Goffs Autumn Yearling Sale came to a close on Wednesday, with global participation pushing the average and median above last year's figures. A heavily scratched down catalogue due to the many challenges of 2020 meant that 273 of the 475 catalogued yearlings went up for sale, with 170 (62.6%) finding new homes for an aggregate of €1,094, 200. Last year 288 were sold (74%) for €1,691,600. This year's average and median were each up 10% (€6,436 and €4,400). Taking top billing on Wednesday was a Zoffany...
Armstrongs In Line For Profitable Sale
There is a general feeling of relief this year that the yearling sales are taking place at all. While some of the key indices are down on previous years there is comfort to be found in the strong clearance rates experienced at the sales thus far and even more comfort to be taken by some of the results pinhookers have had from their investments of 2019. For siblings Chris and Tara Armstrong this year could be one of the more memorable ones for their young pinhooking operation from Beechvale Stud....


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Q: Excel formula to replace first occurrence of a character I am new to excel, I have a data of 1000 rows with each row looks like 435362|A|B|C I want a formula in excel which modifies each rows so that the data looks like 435362,A|B|C i.e. it should replace first occurrence of | with comma(,).

A: One more option: (with data in A1):
=SUBSTITUTE(A1,"|",",",1)

You can't replace existing data with forrmula, so you need to create another column. You can then cut and paste as values to replace existing data.

A: With data in A1, in B1 enter:
=MID(A1,1,FIND("|",A1)-1) & "," & MID(A1,FIND("|",A1)+1,9999)

and copy down

A: If every string in all 1000 rows is the same length, this should do the trick:
=REPLACE(A1,LEN(A1)-5,1,",")
Explanations:

*

*The two instances of "A1" in the formula are the cell references, these would need to change for each cell in order to work, but if you copy the formula across cells this value should change automatically.

*The LEN is finding the length of the string in the cell, then the -5 is finding the symbol 5th from the end (in this case the "|"). The 1 is saying only replace this one symbol (2 would replace "|" and "A"), and the "," is telling the formula which symbol to replace the "|" with".
I hope this works for you!

A: If your data have the same char length the you can use  =CONCATENATE(LEFT(B3,6),",",RIGHT(B3,5)) B3 is where your data is located in this case.
This is only one way of doing it.


On April 24, 2018, Justice Kennedy, writing the plurality opinion in Jesner et al. v. Arab Bank, Plc., 584 U.S. __ (2018), placed what might be the final nail in the coffin of the Alien Tort Statute (ATS). In Jesner, the Court affirmed the U.S. Court of Appeals for the Second Circuit's dismissal, which held that aliens cannot sue foreign corporations pursuant to the ATS. While Jesner certainly is not the highest-profile decision of the October Term, it has a significant impact on the enforcement of international human rights.
As international law grew, the ATS sat dormant until 1980 when the Second Circuit decided Filartiga v. Pena-Irala, 630 F.2d 876 (2d Cir. 1980), and international lawyers began to laud the ATS as a legal mechanism to enforce international human rights through tort claims in U.S. courts. Filartiga involved a teenager from Paraguay who was kidnapped and tortured to death by Pena-Irala, a high-ranking police officer, in retaliation for the family's political activities. The family later moved to the United States and applied for political asylum. Pena-Irala would later move to the United States and be arrested for visa violations. While in custody, the Filartiga family brought a civil action for wrongful death, arguing that Pena-Irala's actions violated the U.N. Charter, the Universal Declaration of Human Rights, and other customary international laws. The Second Circuit upheld a $10 million damages award and the holding was interpreted as granting U.S. courts jurisdiction to decide tort cases for alleged violations of international law that occurred overseas between foreign parties.
In 1995, the Second Circuit issued a ruling against Bosnian Serb politician Radovan Karadzic for his role in the human rights violations in the former Yugoslavia, which for the first time extended the ATS beyond government officials. The Karadzic decision in turn opened the door for ATS actions against corporations, led by the 1996 case against the oil company UNOCAL for complicity in human rights abuses by the Myanmar government. Seen as a bell curve, the ATS' reach as a tool for the enforcement of human rights peaked in the late 1990s and early 2000s and well over 100 ATS actions have been filed against corporations since the Karadzic decision.
Then, in 2004, a Supreme Court more skeptical of the role of customary international law in U.S. courts decided Sosa v. Alvarez-Machain, 542 U.S. 692 (2004), and began to chip away at the breadth and power of the ATS. Jesner is the Supreme Court's most significant ATS decision since Kiobel v. Royal Dutch Petroleum Co., 569 U.S. 108 (2013), which held that the ATS does not presumptively apply extraterritorially, and consistent with a Court that is reluctant to extend judicially created private rights of action.
Jesner produced a fractured series of concurring and dissenting opinions, treatment of which is beyond the scope of this brief article. However, the decision may represent the final bottoming out of the ATS bell curve.