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Regulations & Security

Explosion reported at Yemen Airport as new government arrives

The blast, which killed at least 16 people and wounded 60 more, took place just before a plane carrying cabinet officials landed at the Aden airport.

— NYT: Top Stories

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International & World

China and E.U. leaders strike investment deal, but political hurdles await

The agreement, which would roll back restrictions on investment, faces some opposition in Europe and objections from the Biden camp.

— NYT: Top Stories

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Local News

Energy savings topped list in State of Distributed Energy Resources Study

PRINCETON, N.J.–(BUSINESS WIRE)–Energy cost savings topped the list for customer needs when considering distributed energy resources (DER) in a recent study by NRG Energy, Inc. (NSYE: NRG) in collaboration with Smart Energy Decisions (SED). The goal of the State of Distributed Energy Resources Study was to better understand DER energy trends with the nation’s largest electric power users.

In the study, nearly 87 percent said cost savings was an important factor when asked what the key driver was for considering DERs. Other significant drivers included environmental and sustainability matters. Achieving renewable energy and sustainability targets were also some of the other top influences for developing long term distributed energy plans. Meeting emission reduction goals increased 17 percent from 2019 to 2020 as a driver of deploying DERs. To meet corporate sustainability goals, customers deploy renewable energy resources in their micro-grid. This leads to freedom to access energy on their terms at a cost-efficient rate and when they need it.

The study interviewed more than 100 large electric power users regarding their energy plans and how DERs fit into their overall strategy.

To read the entire version of the State of Distributed Energy Resources Study click here.

About NRG

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to more than 3.7 million residential, small business, and commercial and industrial customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, and by working towards a sustainable energy future.

About Smart Energy Decisions

Smart Energy Decisions is the leading information and research platform serving large electric power users. We produce News analysis, research and events designed to help our community make smart energy decisions. We are a catalyst for change in support of the energy transition taking place in electric power markets. Our mission is to help large electric power users improve their profitability and reduce their carbon emissions by adopting best practices in energy efficiency and renewable energy sourcing.

Contacts

Investors:
Kevin L. Cole, CFA

609.524.4526

investor.relations@nrg.com

Media:
Candice Adams

609.524.5428

candice.adams@nrg.com

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For Edit

Wiser resolutions? Lessons from COVID’s unfulfilled ones

This image provided by Lucy O’Donoghue shows a children playing by a lake. Although this year’s quarantine limited Lucy O’Donoghue’s opportunities for travel, she found ways to focus on her two sons by taking them for ‘micro-holidays’ at a beach near their Georgia home. (Lucy O’Donoghue via AP)

 

She’d wanted to frame and hang them — just three printed pictures that had been sitting in Lucy O’Donoghue’s suburban Atlanta house since the year began. That’s all. Yet with a full-time job and two small kids, she hadn’t found the time.

But when COVID-19 slowed life to a quarantine-induced crawl, she began working remotely. It seemed like the perfect time to get this — and a slew of other small projects — done.

Eight months later, O’Donoghue finally walked the two short blocks to a store near her house and bought a trio of ready-made frames.

“I put the pieces of art up in my house, and that made me so happy,” she says. “How is it that something that only took me 45 minutes has taken me over a year to get around to doing?”

The answer, as it has been with so much, is this: Because 2020.

Ten months ago, Americans waded into unfamiliar waters. For many who were not plunged immediately into economic or medical emergency, it was as though some strange, protracted, fragmented snow day had begun. Plans and promises bloomed on social media like spring flowers. Bread was baked. Projects were launched.

“With the greatest of intentions, in the first few weeks people had rearranged their shoe closets and made their spice racks alphabetical,” says psychologist Deborah Serani, an adjunct professor at Adelphi University in New York.

But when life is difficult, sustaining even a small amount of momentum can be tough.

PSYCHOLOGICAL LABOR

The pandemic requires new levels of vigilance and decision-making, and it has disrupted millions of families. The presidential election required deft calibration to get along peaceably with relatives or friends with differing views. This year saw an escalation in crises social, racial and environmental.

All of this has required tremendous psychological labor. That work is invisible, but it takes its toll, says Catherine Sanderson, chair of the psychology department at Amherst College.

For much of the nation, the sense in the early days of quarantine that the disruption would be brief soon melted into an amorphous uncertainty.

“Uncertainty,” Sanderson says, “is extraordinarily psychologically taxing.”

The normal guardrails that govern the days — getting dressed and out the door on time, driving kids to sports practices and dance classes on a tight schedule in the evenings — disappeared for many. So while having extra time might have seemed like a bright spot, it was also disorienting.

With too much unstructured time, “I feel this aimlessness,” says Steph Auteri, a writer who lives in Verona, New Jersey. “The busier I am, the better I operate. The more time I have, I start to get down in the dumps.”

That’s a common experience, says Serani: In the United States, “it’s a really high-octane life. And it was slammed. We hit the brakes and everybody had to stop, and it was hard for many people.”

This year has required us to create new structures. That takes time and energy.

Pre-pandemic, “on a Saturday, you wouldn’t wake up in your office. There’s a distinction. And now, you have to actually think about, ‘What am I doing?,‘” Sanderson says. “It requires a level of planning that you’re not used to and that we don’t have practice with.”

Yet amid all this uncertainty and psychological labor, people are looking back and realizing they did discover a quiet productivity.

In her Queens, New York, home, months of quarantine led Neesa Sunar to return to playing viola after many years away. Auteri made progress too, reorganizing her schedule around helping her 6-year-old daughter with remote learning, and eventually launching an educational website in time for the start of school in September.

Yoga teacher Pamela Eggleston shifted her teaching online, filming a self-care course for Yoga Journal to help people thrive during this challenging year. Teaching exclusively online “was a challenge for me. But I did it,” she says. Though she’s based in the Washington, D.C., area, she soon had students tuning in from as far away as Scotland.

And something else: She returned to social justice activism this year.

“I’ve done more of that than I had done in a while,” Eggleston says. “It feels good to me to return to these issues. They never leave me, as a Black woman.”

WHAT REALLY MATTERS

Tough times can be clarifying. They aren’t always so, but they can be.

People may not have tackled the home improvement projects they planned or written novels. But many focused on their own well-being, and their kids’, and asked themselves what really matters.

In the past, business coach Rachel Brenke says, she might have seen quarantine as a time to be highly productive — and would have beaten herself up if she wasn’t. “I’m normally someone that thrives on always being busy, jumping from one thing to another,” she says.

Instead, she prioritized keeping a healthy balance between managing her business and connecting with her family.

“My big thing this year, just out of purely trying to focus on my kids, myself and my mental health, was simplicity. So I’m carrying that over into 2021 with intentional simplifying,” she says.

So with those early-quarantine resolutions in mind, how do we approach this weekend, the moment of shaking off 2020 and invoking fresh New Year’s resolutions for 2021?

Serani expects many people’s resolutions will be focused less on material goals and more on what they’ve decided is most important.

That might even include gratitude for the old, familiar, repetitive routines they used to dread.

“I’ve sort of longed for that bit of the day where I’ve got my handbag over my shoulder and my lunch bag. And I’ve shut down the laptop and I’m walking back to my car in the same parking spot as always, and I feel the fresh air,” O’Donoghue says. “I almost dream of that moment.”

— Associated Press

Categories
International & World

Iranian women’s group empowers amid pandemic by making masks

Maliheh Rahimi crochets at a workshop of Bavar charity in Tehran, Iran, Monday, Nov. 23, 2020. As the coronavirus pandemic ravages Iran, a women’s group hopes to empower its members by helping them make and sell face masks. (AP Photo/Vahid Salemi)

 

TEHRAN, Iran (AP) — As the coronavirus pandemic ravages Iran, home to the Mideast’s worst outbreak, a women’s group hopes to empower its members by helping them make and sell face masks.

The organization called “Bavar,” or “Belief” in Farsi, formed in 2016, allowing women looking for work to make handicrafts with donated sewing machines. It gave widows and others a way to earn cash in a country whose anemic economy only worsened since, two years later, President Donald Trump withdrew from Iran’s nuclear deal with world powers.

Sara Chartabian, the founder of Bavar, said the group tries to teach women to be self-sufficient as unemployment and inflation remain high.

“We teach them fishing instead of giving them a fish,” Chartabian said.

The pandemic, however, has seen the demand for handicrafts drop. Iran has 1.1 million reported cases of the virus, with 800,000 recoveries and over 51,000 deaths — with officials acknowledging the true toll could be far higher. Meanwhile, the women in need still had to earn money to support their families.

So the women at Bavar decided to begin making cloth face masks. Today, some 50 women sit with their sewing machines, creating two-ply cloth masks. A third layer can be added with material sold in local pharmacies.

Elham Karami, a 41-year-old woman who works five days a week to support her two sons, said she makes around 10,000 rials (3 U.S. cents) for each face mask she sews. Clients for Bavar include companies and others.

“I am grateful for this (organization) because they turned me to a skilled tailor for free,” Karami said. “They allowed me to use a sewing machine to learn how to sew. They also provided materials for me to work on.”

Depending on the order size, Bavar then sells the masks for as much as 250,00 rials (96 U.S. cents) apiece.

In Iran, where the capital of Tehran has been hard-hit by the virus, authorities have mandated mask wearing. While fines for not wearing a mask remain low and poorly enforced, the public increasingly has been seen wearing them.

Chartabian said Bavar’s sales help support buying materials, sewing machines and other matters. The organization also provides women with psychological counseling and other support. She declined to offer specific sales figures for the masks so far, but said every bit helped support women in need.

“Maybe the money is not so much, but we provide them services such as psychological counseling and also equipment,” she said.

___

“One Good Thing” is a series that highlights individuals whose actions provide glimmers of joy in hard times — stories of people who find a way to make a difference, no matter how small. Read the collection of stories at https://apnews.com/hub/one-good-thing

— Associated Press

Categories
International & World

Famed French designer Pierre Cardin dies at 98

FILE – In this Nov. 30, 2016, file photo, French fashion designer Pierre Cardin acknowledges applause after a show to mark 70 years of his creations, in Paris. France’s Academy of Fine Arts says famed fashion designer Pierre Cardin has died at 98. (AP Photo/Christophe Ena, File)

 

PARIS (AP) — Pierre Cardin, the French designer whose famous name embossed myriad consumer products after his iconic Space Age styles shot him into the fashion stratosphere in the 1960s, has died, the French Academy of Fine Arts said Tuesday. He was 98.

A licensing maverick, Cardin’s name embossed thousands of products from wristwatches to bed sheets, and in the brand’s heyday in the 1970s and ’80s, goods bearing his fancy cursive signature were sold at some 100,000 outlets worldwide.

That number dwindled dramatically in later years, as his products were increasingly regarded as cheaply made and his clothing — which, decades later, remained virtually unchanged from its 60s-era styles — felt almost laughably dated.

A savvy businessman, Cardin used the fabulous wealth that was the fruit of his empire to snap up top-notch properties in Paris, including the Belle Epoque restaurant Maxim’s, which he also frequented.

The Fine Arts Academy announced his death in a tweet Tuesday. He had been among its illustrious members since 1992. The academy did not give a cause of death or say where or when he died.

Along with fellow Frenchman Andre Courreges and Spain’s Paco Rabanne, two other Paris-based designers known for their Space Age styles, Cardin revolutionized fashion starting in the early 1950s.

At a time when other Paris labels were obsessed with flattering the female form, Cardin’s designs cast the wearer as a sort of glorified hanger, there to showcase the clothes’ sharp shapes and graphic patterns. Destined neither for pragmatists nor for wallflowers, his designs were all about making a big entrance — sometimes very literally.

Gowns and bodysuits in fluorescent spandex were fitted with plastic hoops that stood away from the body at the waist, elbows, wrists and knees. Bubble dresses and capes enveloped their wearers in oversized spheres of fabric. Toques were shaped like flying saucers; bucket hats sheathed the models’ entire head, with cutout windshields at the eyes.

“Fashion is always ridiculous, seen from before or after. But in the moment, it’s marvelous,” Cardin said in a 1970 interview with French television.

Cardin was born on July 7, 1922, in a small town near Venice, Italy, to a modest, working-class family. When he was a child, the family moved to Saint Etienne in central France where Cardin was schooled and became an apprentice to a tailor at age 14.

Cardin would later embrace his status as a self-made man, saying in the same 1970 interview that going it alone “makes you see life in a much more real way and forces you to take decision and to be courageous.

“It’s much more difficult to enter a dark woods alone than when you already know the way through,” he said.

After moving to Paris, he worked as an assistant in the House of Paquin starting in 1945 and also helped design costumes for the likes of Jean Cocteau. He also was involved in creating the costumes for the director’s 1946 hit, “Beauty and the Beast.”

After working briefly with Elsa Schiaparelli and Christian Dior, Cardin opened his own house in the city’s tony first district.

— Associated Press

Categories
International & World

Pierre Cardin, visionary fashion designer, dies at 98

In a career spanning more than three-quarters of a century, he remained a futurist, reproducing fashions for ready-to-wear consumption and affixing his brand to an outpouring of products.

— NYT: Top Stories

Categories
Technology

Digital Lending Capital Corp (DLCC) appoints Jeanine Hightower-Sellitto to Board of Directors

JERSEY CITY, N.J.–(BUSINESS WIRE)–DLCC, an institutional grade crypto Prime Brokerage software and service solution, today appointed blockchain and capital markets expert Jeanine Hightower-Sellitto to its Board of Directors, effective immediately.

DLCC’s mission is to bridge the gap between legacy finance and alternative investors with digital assets. Jeanine brings to the Board her experience and deep understanding of building markets in both traditional finance and cryptocurrency.

“We could not be more thrilled to have Jeanine on our Board. Her unparalleled skill set, experience, reputation, and deep industry knowledge will be a major asset to the growth of DLCC as we launch our crypto prime solutions,” said DLCC Founder and CEO James Runnels.

Jeanine built her career in the both traditional and non-traditional finance industries with a proven track record in managing high-growth startups that leverage technology to modernize markets. Jeanine’s more than two-decade career began as a Wall Street analyst and led her to her current role as chief executive officer of Atomyze, a fintech start up that will digitize and modernize markets for commodities and physical assets.

Prior to Atomyze Jeanine was managing director of operations at Gemini, one of the world’s largest cryptocurrency exchanges and custodians, where she oversaw its institutional business lines. Additionally, Jeanine served as chief operating officer of Nasdaq subsidiary, International Securities Exchange (ISE), where she brought electronic trading to US options.

For more information, please go to https://www.dlcc.co/; email Andy Hoffman, DLCC’s Marketing Director, at andy@dlcc.co or call 720-350-4130

Contacts

Andy Hoffman

Marketing Director

andy@dlcc.co
720-350-4130

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For Edit

House set to vote on overriding Trump’s military bill veto

The vote tonight could set up the first veto override of his presidency. The bill passed by overwhelming margins, though some Republicans who voted for it have indicated they will sustain his veto.

— NYT: Top Stories

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For Edit

Some relief in sight for Americans after Trump signs stimulus bill

The measure will bring $600 checks for most Americans, and restore lapsed jobless benefits, in the face of what Dr. Anthony Fauci warns may be a further post-holiday surge in cases.

— NYT: Top Stories