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Art & Life Culture International & World Lifestyle

‘Instructions Not Included’ Monica Lozano boards ‘Cepeda,’ from ‘Caso 63’ Julio Rojas, ‘Allende’ Nicolas Acuña

Mexico’s Mónica Lozano, producer of Alejandro González Iñarritu’s “Amores Perros” and Eugenio Derbéz’s “Instructions Not Included,” has boarded “Cepeda,” an envelope-pushing Mexico-set procedural, turning on a Mexican cop who’s an Indigenous woman and great at her job.

 

Development over the last two years has been financed by Acuña’s Chile-based Promocine. Put back, however, by the pandemic, the project is now set up at Lozano’s Mexico City production house Alebrije Producciones, one of Mexico’s most active forces in international production, behind Carlos Carrera’s Quirino Award winner “Ana y Bruno” and Fox’s “Run Coyote Run.”

 

“Cepeda” is written by Chile’s Julio Rojas, who has shot to global fame as creator of Podcast phenom “Caso 63.” Rojas also served as story editor on Lucía Puenzo’s “La Jauría,” and writer on Pablo Fendrik’s “El Refugio” and Matías Bize’s “The Life of Fish,” selected by Variety in 2020 as one of the 10 best foreign films in the last decade still without U.S. distribution.

 

The boundary-breaking series will be directed by Chile-based Nicolás Acuña, a key figure in the build of Latin American premium TV drama and director of “Allende, The Thousand Days,” which made a splash last week at San Sebastián, He was also the creator of the pioneering series “Besieged” and producer-director of big budget “Inés of My Soul,” backed by Spain’s RTVE and Prime Video.

 

“Cepeda” begins with the discovery of a dead woman worker at an all powerful multinational mining corporation in Mexico.

 

A police detective in homicides, specialising in femicides, Cepeda is given the case and ends up pitted against the mining giant. Much of the series turns, however, on the contrary character of Cepeda herself, Acuña said at Iberseries & Platino Industria, where he will present “Allende.”

 

“She’s pretty butch: People assume she’s a lesbian, but she isn’t. She loves to dance, thought to be liberal, but has more conservative values. She has a problem with alcohol and loneliness, but is one hell of a good cop,” he explained.

 

“The project has an attractive team and it’s a subject which is so deeply painful,” said Lozano. “So many woman are looking for their daughters or sisters who have disappeared and saying: ‘Enough!’ We can’t go on. We have to change this reality and one way to do so is to visualise it.”

 

Bowing recently on TVN, Chile’s public broadcaster, “Allende, The Thousand Days” punched the best ratings of the day on the channel for each of its four episodes. It will screen soon on RTVE, which has acquired Spanish rights.

 

A Chile-Spain-Argentina co-production, “Allende” is lead produced by Chile’s Parox, with its co-head Leonora González serving as showrunner. Spain’s Mediterráneo Media Entertainment and Argentina’s Aleph, Mente Colectiva and HD Argentina co-produce. Sold by Onza Distribution, the fiction series stars the “reliably superb” Alfredo Castro, as Variety describes him – though hidden under heavy prosthetics – as Allende after he won general elections, becoming Chile’s first socialist president.

 

“The series describes intimate details of Allende which generally aren’t well known, plumbing the humanity of a person who is often just a face. It explore what’s behind the figure, bringing out, for example, his large sense of humor,” said Acuña. “Pinochet made Allende laugh, for example. Allende didn’t believe he would attack the presidential palace,” he added.

 

 

Variety (EXCLUSIVE)

Categories
Business Economics International & World Lifestyle Technology

Bengaluru-based fintech Slice, which was valued at $1.5B in 2022, secures a rare approval from India’s central bank to merge with North East Small Finance Bank

Manish Singh / TechCrunch:

 

 

—  Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central bank, in an extremely rare feat that has eluded many tech giants, top financial startups and tycoons for decades.

 

Slice — which earlier offered credit card–like cards and at peak issued over 400,000 cards in a month, more than any other fintech or bank — said the merger with the Guwahati-headquartered bank will allow the combined entity to better serve their shared mission and reach more consumers who currently lack access to basic banking services.

 

The merger, which follows Slice earlier acquiring a 10% stake in the lender in recent quarters, should also enable the new entity to supercharge its product offerings and accelerate its product iterations, industry executives said.

The Reserve Bank of India clarified a range of guidelines last year that impacted scores of startups, including Slice, rival Uni, neobanks Jupiter and Fi, making sweeping changes that challenged how many firms issued cards.

 

Slice founder and chief executive Rajan Bajaj said the startup has been working with North East Small Finance Bank for 12 months, a timeframe that allowed the board members, investors and management to know each other and see a shared vision.

 

“We’re grateful to the RBI for entrusting us with this immense responsibility,” he said in a prepared statement. “At Slice, our unyielding devotion to customers and robust risk management have set us apart. This approach allows us to serve a wider audience, including those often overlooked, while also building a deep emotional connection with our customers.”

 

Slice, which counts Tiger Global, Insight Partners, Blume Ventures and EMVC among its backers, was valued at about $1.5 billion in its previous funding round last year. Its first investment in North East Small Finance bank last year valued the lender at about $68 million.

At least two investors are already in talks to invest in the merged entity, committing about $125 million between them, according to another person familiar with the matter. Bajaj declined to comment beyond confirming the merger news.

 

“The union of Slice and NESFB is a defining moment in India’s fintech journey,” said Vikram Chachra, general partner at 8i Ventures, an early backer of Slice, in a statement. “It heralds a digital first banking revolution at a grassroots level for India’s 600 million smartphone population.”

 

North East Small Finance Bank, incorporated in 2016, is a subsidiary of RGVN (NE) Microfinance that serves customers in the northeastern region of the country. It counts Pi Ventures, Bajaj Group and government-backed SIDBI Venture Capital among its backers.

 

India, the world’s most populous nation, is undergoing a pivotal banking phase, with banks and fintech startups forging a variety of tie-ups. Federal Bank and SBM Bank India have increasingly engaged startups to boost their businesses in recent years, and larger banks like HDFC, ICICI and Axis are also embracing the idea.

VCs are increasingly focusing on investing in banks. Accel and Quona last year backed Shivalik Small Finance Bank.

 

Merging with a bank or obtaining a banking license continues to be rare in the South Asian market, especially as the regulator has heightened its oversight in recent quarters, even for minor licenses like those for NBFCs and expressed concern about tech giants’ growing presence in the financial services sector. (Slice has held an NBFC license for about five years).

 

The central bank has largely rejected all applications for universal banks in recent years. Last year, it rejected an application by Flipkart billionaire Sachin Bansal. Bansal’s Navi eventually sold the microfinancing unit to Svatantra Microfin in August for about $178.5 million.

 

In 2021, the central bank issued a small finance bank license to a consortium of Centrum Financial Services and fintech BharatPe. But that license was conceptualized to address a capital-starved situation to help remove the debris of a scam-tainted small lender PMC.

 

In contrast, the capital adequacy ratio of the Slice–North East bank is multiple-fold higher than the 15% mandated by the central bank. Slice’s current annualized revenue is a little over $100 million, according to a person familiar with the matter.

 

“This alliance with Slice marks an exciting expansion of our reach and enhancement of our services. Dedicated to supporting the underserved, our collaboration is bolstered by Slice’s innovative technology and a keen emphasis on customer experience,” said Rupali Kalita, managing director and chief executive of NESFB, in a prepared statement.

 

“Meanwhile, we will continue to fortify the bank governance, with continuous improvements in compliance, risk management, and leadership. Together, we strive to deliver accessible and exceptional services, fostering inclusive and responsible banking for all.”

 

 

Techmeme

Categories
Business Culture Economics International & World Lifestyle Regulations & Security Technology

Agam Capital advises PFI in its formation and launch of Prismic Life Reinsurance, Ltd.

TEANECK, N.J. & NEWARK, N.J. & HAMILTON, Bermuda — (BUSINESS WIRE) — Agam Capital “(Agam),” an analytics driven platform strategically partnering with insurance companies to explore opportunities to enhance their financial flexibility, is advising Prudential Financial, Inc. “(PFI),” a US-based global financial services leader and premier active global investment manager, in the formation and launch of Prismic Life Reinsurance, Ltd. “(Prismic),” a Bermuda-domiciled Class E life and annuity reinsurer.

 

This strategic engagement leveraged Agam’s unique pALM analytical platform and differentiated capabilities to support PFI in the development and establishment of a differentiated new entrant to the vibrant and fast-growing market for life and retirement reinsurance solutions in Bermuda.

 

Separately, Agam and Prismic have entered into a long-term Management Services Agreement “(MSA)” whereby Agam will continue to leverage its industry-leading asset and liability management and enterprise risk management expertise to support Prismic and its future growth.

 

Agam’s Co-Founders, Chak Raghunathan and Avi Katz, said, “The launch of Prismic is a milestone event in the continued growth of the Bermuda reinsurance market. We are thrilled to have been a key part of PFI’s strategic process in the exploration, diligence and launch of Prismic and are excited for our future engagement working with Prismic CEO Amy Kessler and her team to continue to build Prismic into one of the leading Bermuda-based reinsurance platforms.”

 

Robert Falzon, vice chair of PFI, said: “Agam played a critically important role in the creation of Prismic, providing third-party integrated asset, liability, capital, and risk analytical tools that greatly facilitated decision-making throughout the process. We are excited that Agam will partner with Prismic going forward to enable the platform to grow, and in support of PFI’s vision to be a global leader in expanding access to investing, insurance, and retirement security.”

 

About Agam Capital

Agam was founded in 2016 by Avi Katz and Chak Raghunathan with the vision to create a cutting edge differentiated analytical platform. The execution towards this vision continued with the development of pALM, Agam’s proprietary asset and liability management (ALM) system. Offering the only end-to-end enterprise wide risk and capital analytic solution, Agam empowers strategic decision makers towards their capital optimization goals. With a fully embedded dynamic strategic asset allocation (SAA) and enterprise risk management (ERM) infrastructure, pALM supports Agam’s ability to offer one stop, turnkey insurance solutions.

 

Agam’s team of experts have a global reach with offices in the USA, Canada, Bermuda and India. In addition, Agam ISAC Bermuda, which offers a comprehensive suite of operational, management and governance services to Bermuda based reinsurers, is fully licensed as a Class E insurer by the Bermuda Monetary Authority (BMA).

 

About PFI

Prudential Financial, Inc. (NYSE:PRU), a US-based global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of June 30, 2023, has operations in the United States, Asia, Europe and Latin America. PFI’s diverse and talented employees help makes lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. PFI’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, please visit news.prudential.com.

 

PFI Forward-Looking Statements

Certain of the statements included in this release, such as those regarding the launch of Prismic, reinsurance transactions involving Prismic, the provision of asset management services to Prismic, the anticipated increase in PFI’s underwriting capabilities, equity investments in Prismic by global investors and other institutions, the leadership and operation of Prismic following its launch, and the impact of Prismic on PFI’s business and strategy, constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “includes,” “plans,” “assumes,” “estimates,” “projects,” “intends,” “should,” “will,” “shall” or variations of such words are generally part of forward-looking statements. PFI’s forward-looking statements are made based on management’s current expectations and beliefs concerning future developments and their potential effects upon PFI and its subsidiaries. There can be no assurance that future developments affecting PFI and its subsidiaries will be those anticipated by management. These forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and there are certain important factors that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements. Certain important factors that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements can be found in the “Risk Factors” and “Forward-Looking Statements” sections included in PFI’s Annual Report on Form 10-K. PFI does not undertake to update any particular forward-looking statement included in this document.

 

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, headquartered in the United Kingdom, or the Prudential Assurance Company, a subsidiary of M&G plc, headquartered in the United Kingdom.

Contacts

Chak Raghunathan | Co-Founder, Managing Partner

Agam Capital Management, LLC

craghunathan@agamcapital.com

Laura Edling | Director, Financial Communications

PFI

laura.edling@prudential.com

Categories
Farewell Services International & World

Religious leaders worldwide, across faiths who died in 2020

FILE – In this Wednesday, Aug. 28, 2013 file photo, Rev. Joseph Lowery speaks at the 50th anniversary of the March on Washington where Martin Luther King Jr., spoke, at the Lincoln Memorial in Washington. Lowery, a veteran civil rights leader who helped King found the Southern Christian Leadership Conference and fought against racial discrimination, died Friday, March 27, 2020, the family said. He was 98. (AP Photo/Charles Dharapak)

 

NEW YORK (AP) — The Catholic priest who for decades had been one of the Vatican’s top experts on the Latin language died on Christmas Day at a nursing home in Milwaukee. A United Methodist Church bishop in the West African nation of Sierra Leone died in a traffic accident in August as he was engaged in efforts to resolve the denomination’s conflicts over inclusion of LGBTQ people. Back in March, a 49-year-old priest in Brooklyn became the first Catholic cleric in the United States killed by the coronavirus. They were among many religious leaders — some admired worldwide, others beloved only locally — who died in 2020. Here are some of them.

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Bishop Phillip A. Brooks, 88, senior pastor of New St. Paul Tabernacle Church of God in Christ in Detroit and second-in-command in the Black denomination’s national leadership. Official obituaries did not specify the cause of Brooks’ death. It occurred in April, during a period in which numerous Church of God in Christ bishops and pastors died of COVID-19.

 

Ernesto Cardenal, 95, a renowned poet and Roman Catholic cleric who became a symbol of revolutionary verse in Nicaragua and across Latin America. He was suspended from performing his priestly duties by St. John Paul II for defying the Church by serving as a cabinet minister in the Sandinista government. The penalty lasted more than three decades before being lifted by Pope Francis in February 2019.

 

Thich Quang Do, 91, a Buddhist monk who became the public face of religious dissent in Vietnam while the Communist government kept him in prison or under house arrest for more than 20 years. Do was the highest leader of the banned Unified Buddhist Church of Vietnam, which has constantly tangled with the government over religious freedom and human rights.

 

Reginald Foster, 81, a Milwaukee-born Catholic priest who for 40 years served as one of the Vatican’s paramount experts on Latin. He died on Christmas Day at a Milwaukee nursing home; the Milwaukee Journal Sentinel reported that he had tested positive for COVID-19 less than two weeks earlier.

 

Rabbi Yisroel Friedman, 84, a scholar of the Talmud, the ancient text that forms the foundation of Jewish law. Born in the Soviet Union, he came to the United States in 1956 and spent more than 50 years as the top academic at the Talmudical Seminary Oholei Torah in Brooklyn. He was also a member of the Central Committee of Chabad-Lubavitch Rabbis.

 

Ayatollah Hashem Bathaei Golpayegani, in his late 70s, a prominent Shiite cleric in Iran. He was one of the representatives for Tehran in the Assembly of Experts, an all-cleric body that will choose the successor of the Supreme Leader Ayatollah Ali Khamenei. One of his teachers in seminary was the late Ayatollah Ruhollah Khomeini, founder of the Islamic Republic of Iran.

 

Rev. Robert Graetz, 92, the only local white minister to support the bus boycott that unfolded in Montgomery, Alabama, after the December 1955 arrest of Rosa Parks. Graetz was pastor of the majority-Black Trinity Lutheran Evangelical Church. He and his wife, Jeannie, faced harassment, threats and bombings as a result of their stance.

 

Rev. Dr. Ron Hampton, 64, pastor at New Vision Community Church, a Free Methodist Church in Shreveport, Louisiana. Days before COVID-19 killed him in May, Hampton sent a livestreamed message from his bed in a hospital isolation ward: Do not be afraid, be faithful and praise God.

 

Patriarch Irinej, 90, the top leader of the Serbian Orthodox Church, who died within a month of testing positive for the coronavirus. Irinej and the church’s No. 2 leader, Bishop Amfilohije — who also died after COVID-19 complications — both downplayed the dangers of the pandemic and avoided wearing masks in public.

 

Harry R. Jackson Jr., 67, bishop of an independent charismatic megachurch in Maryland and one of several conservative Black church leaders who became close allies of President Donald Trump. Jackson was an outspoken opponent of abortion and same-sex marriage.

 

Edward Kmiec, 84, who between 1992 and 2012 served as the Roman Catholic bishop of Nashville, Tennessee, and Buffalo, New York. While leading the Buffalo diocese, he reduced the number of parishes from 265 to 169 and closed 25 Catholic elementary schools.

 

Sister Ellen Lorenz, 85, was a member of the School Sisters of Notre Dame with a distinguished career in Catholic education. She began as a high school teacher, later joined the faculty of Mount Mary University, and served as its president from 1979 until 1987. She was among nine nuns at a Milwaukee-area retirement home who died of COVID-19 complications in December; dozens of other U.S. nuns died of the coronavirus earlier in the year.

 

Rev. Joseph E. Lowery, 98, a veteran civil rights leader who helped the Rev. Martin Luther King Jr. found the Southern Christian Leadership Conference and fought against racial discrimination. Lowery led the SCLC for two decades and received the Presidential Medal of Freedom during the Obama presidency.

 

Rev. Franco Minardi, 94, arrived in the Italian farming town of Ozzano Taro in 1950 and served as its parish priest for 70 years before the coronavirus killed him. Intent on kindling the Catholic faith in young people, he arranged for construction of a tennis court, a games room and a theater where he projected the town’s first movies in the mid-1950s. He was among scores of Italian priests who died of COVID-19.

 

Archbishop John Myers, 79, who between 1990 and 2016 served as the Roman Catholic bishop of Peoria, Illinois, and the archbishop of Newark, New Jersey.

 

Rev. Jorge Ortiz-Garay, 49, pastor of St. Brigid Church in New York City who is believed to have been the first Catholic cleric in the U.S. to die from the coronavirus. Ortiz grew up in Mexico, enrolled in seminary in Italy, then studied theology in New Jersey before being ordained in 2004. A decade later, he began his work at St. Brigid in a neighborhood straddling the border of Brooklyn and Queens that is home to many Hispanics.

 

Rabbi Yaakov Perlow, 89, president of Agudath Israel of America, an advocacy organization for ultra-Orthodox Jews. He also was leader of the Novominsker Hasidic dynasty, which was founded in Poland by his grandfather and later relocated to Brooklyn. Perlow died in April of complications arising from COVID-19, shortly after urging Orthodox Jews to follow social distancing guidelines.

 

Sister Ardeth Platte, 84, an American nun in the Dominican order who spent time in jail for anti-war and anti-nuclear protests. In one incident, Platte and two other Dominican nuns poured their own blood on a Minuteman III missile loaded with a 20-kiloton nuclear bomb in Weld County, Colorado, in October 2002. They were convicted of sabotage; Platte received the harshest sentence — 41 months.

 

Rev. Georg Ratzinger, 96, the older brother of Emeritus Pope Benedict XVI who earned renown in his own right as a director of an acclaimed German boys’ choir. Ordained on the same day as his brother, Ratzinger oversaw the recording of numerous concert tours around the world by the Regensburger Domspatzen, a choir that traces its history back to the 10th century.

 

Jonathan Sacks, 72, the former chief rabbi in Britain, who reached beyond the Jewish community with his regular radio broadcasts. Sacks was leader of the United Hebrew Congregations of the Commonwealth for 22 years, stepping down in 2013.

 

Rabbi Adin Steinsaltz, 83, a Jewish scholar who spent 45 years compiling a ground-breaking translation of the Talmud. Steinsaltz, who established a network of schools in Israel and the former Soviet Union, wrote more than 200 books on subjects ranging from zoology to theology, but the Talmud was his greatest passion.

 

Rev. Darius Swann, 95, whose challenge of the system of segregated public schools in North Carolina’s Charlotte-Mecklenburg school district helped spark the use of busing to integrate schools across the U.S. Early in his career, he served as a Presbyterian missionary in China and India. He later taught at George Mason University in Virginia and the Interdenominational Theological Center in Atlanta.

 

Sister Maria Ortensia Turatir, 88, one of several nuns killed by the coronavirus in a convent in the northern Italian town of Tortona. Turati trained as a social worker, served as mother general of the Little Missionary Sisters of Charity from 1993-2005, and traveled the world, founding missions in the Philippines and Ivory Coast.

 

Rev. C.T. Vivian, 95, an early and key adviser to the Rev. Martin Luther King Jr. who organized pivotal civil rights campaigns and spent decades advocating for justice and equality. Vivian received the Presidential Medal of Freedom in 2013.

 

John Yambasu, 63, a bishop of the United Methodist Church in Sierra Leone who died in a traffic accident in August. He played a lead role in UMC negotiations seeking resolve conflicts over whether the denomination should ordain LGBTQ people as ministers and fully recognize same-sex marriages.

 

Ravi Zacharias, 74, a popular author and speaker who founded and led Ravi Zacharias International Ministries, an organization devoted to presenting persuasive arguments for the existence of God and the importance of Christianity. A law firm hired by the ministry, in the wake of newly surfacing allegations, said on Dec. 22 — months after Zacharias’ death — that it found “significant, credible evidence that Mr. Zacharias engaged in sexual misconduct over the course of many years.”

___

Associated Press religion coverage receives support from the Lilly Endowment through the Religion News Foundation. The AP is solely responsible for this content.

 

Associated Press

Categories
Art & Life Culture Education Government International & World Perspectives Regulations & Security

Daring rescue unfolds moment by heart-pounding moment in escape from Dachau

BOSTON, Mass. — The tragic events of the Holocaust are remembered as some of the darkest moments in human history. As Nazis rummaged through towns and homes, the Jews had one goal: to not be found. Apprehension by the Nazis meant they would be carted off to concentration camps, where their chances of survival were slim to none.

 

Kathe Mueller Slonim tells the remarkable story of the daring rescue mission that helped her father escape from Nazi Germany’s first concentration camp in Escape from Dachau: A True Story of Survival, Courage, and a Daring Escape in the Face of Unthinkable Evil.

 

Before her death in 2021, Slonim documented her family story and memories, including her father being taken to Germany’s first concentration camp when she was a young girl and the daring rescue mission undertaken by her father’s cousin that plays out moment by heart-pounding moment in this book.

 

The book begins with the rich, rarely told history of the Jewish people living in Germanic lands from the Middle Ages through WWII and how that led to the persecution of Jews.

 

All of this sets the stage for the harrowing mission undertaken by former First Reich official Max Immanuel, who climbed into his car in Berlin on a rainy night in December 1938 with one profoundly dangerous goal in mind: to rescue his cousin from Dachau — Nazi Germany’s first concentration camp.

 

Max’s mission was particularly risky and unusual because this former German government official was a Jew himself. Born Imanuel Rosenfeld, Max had changed his name and his religion, living in fear that his truth would be discovered.

 

Torn between his own plans to flee Germany and the chance to save a family member from the clutches of the Nazis, Max makes the excruciating choice to go to Dachau. It is a journey that will require him to risk his life as he passes through one Nazi checkpoint after another, brandishing expired Third Reich papers, claiming that he is a loyal member of the Nazi Party on official business.

 

Brought to life with 30 archival photos, Escape from Dachau pays tribute to the bravery, sacrifice and resilience of those who sought to flee the horrors of Nazi Germany during one of the darkest periods of human history and serves as a dramatic example of how the human spirit can overcome even the worst atrocities.

 

About the Author
Escape from Dachau is the true story of the life of Kathe Mueller Slonim. Prior to her passing in 2021, Slonim wrote down the major events of her life. Her own documentation, along with a brief family history written by her uncle, Julius Falk, together form the backbone of this story.

 

For more information about the book, please visit www.csepublishing.com

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Business Culture International & World Lifestyle Sports & Gaming Technology

WSOP Online returns for players all over the world

WSOP gold bracelets to be won at GGPoker, WSOP.COM & GGPoker.CA

Join Daniel Negreanu in playing for your share of poker history

 

 

DUBLIN & LAS VEGAS — (BUSINESS WIRE) — The World Series of Poker® (WSOP®) – the richest, most prestigious, and longest-running poker series – and GGPoker, the World’s Biggest Poker Room, today announced further details for WSOP Online 2023.

 

Since its launch in 2020, WSOP Online has become the world’s most prestigious online poker tournament series, with each new bracelet winner joining the honor roll of champions that includes the most successful and famous players ever to sit at a poker table.

International players can pursue official WSOP gold bracelets exclusively at GGPoker, Ontario residents can do likewise at GGPoker.CA, while United States residents physically present in Nevada, New Jersey, Michigan, and Pennsylvania have their own slate of tournaments on WSOP.COM. Both GGPoker and WSOP.COM will each offer a total of 33 coveted WSOP gold bracelets during WSOP Online 2023, while GGPoker.CA has a total of eight more WSOP bracelets up for grabs.

 

The tournament series is hosted at GGPoker and GGPoker.CA from Aug. 20, 2023, to Oct. 2, 2023, and WSOP.COM from Sept. 10 to Oct. 17. The WSOP Online 2023 schedule caters to players of all levels, with a wide range of buy-ins and satellites running daily.

 

“With record-smashing events and something for everyone, WSOP Online is quickly realizing its vision to be the premier annual online poker series,” said Senior Vice President and Executive Director of the World Series of Poker, Ty Stewart. “We’re the ‘World’ Series of Poker and backed by GGPoker, WSOP Online is where we can deliver a chance for glory to players across the world who might not otherwise travel to live events. Bling is the thing, and we’ll be looking forward to welcoming new members to poker’s most exclusive club.”

 

Poker players worldwide are invited to join Daniel Negreanu at GGPoker during the upcoming WSOP Online tournament series, as he seeks to add to his haul of six WSOP bracelets. Negreanu intends to take aim at gold in a variety of bracelet events, including #7 $10 Mystery Millions $10M GTD, #10 $1,050 Beat The Pros Bounty NLH and #12 $500 Mini Main Event NLH $2.5M GTD. He will live stream much of his play, allowing viewers to follow his progress and cheer him on, and also plans to sell some of his action via the GGPoker app.

 

“I cannot wait to get into WSOP Online 2023 and play for WSOP gold alongside thousands of other players,” said Daniel Negreanu, GGPoker Global Ambassador. “I’ll be streaming a lot during the series and you’ll also be able to buy some of my action via GGPoker’s legendary integrated staking feature, so why not buckle in and ride along with me this WSOP Online?”

 

Players can also join Negreanu at GGPoker’s Rush & Cash tables for a very special promotion, Rush & Cash Double DNegs. During the days this special event will run, the daily Rush & Cash Leaderboard will be doubled to $60K and all cash drops at Rush & Cash tables at which Negreanu or any other GGTeam ambassador is playing will also be doubled, with cash drops of up to 1,200 big blinds waiting to be won. Further details on Rush & Cash Double DNegs will be unveiled in the near future.

 

WSOP Online 2023’s domestic schedule begins with the $400 Series “Kick-off” No Limit Hold’em event and is highlighted by returning player favorites, including the Colossus, “Lucky Sevens,” “Crazy Eights,” and the $1,000 Online Championship. New events for this year’s series include “PLOssus” and a $1,500 Bounty No-Limit Hold’em 6-Max.

 

The domestic series offers fifteen events of $1,000 or higher, including a $3,200 High Roller Championship and a $5,300 Super High Roller 6-max Freezeout. Players must be physically located within state borders to participate. Special resort rates will be available in Nevada and New Jersey at Caesars Entertainment destinations for players traveling into each state to play. For complete information and schedule, please visit: WSOP.COM or ggpoker.com/tournaments/wsop-online-2023/.

 

 

About the World Series of Poker

Part of Caesars Entertainment’s Caesars Digital operations, the World Series of Poker® is the largest, richest and most prestigious gaming event in the world, having awarded more than $4 billion in prize money and the prestigious gold bracelet, globally recognized as the sport’s top prize. Featuring a comprehensive slate of tournaments in every major poker variation, the WSOP is poker’s longest-running tournament in the world, dating back to 1970. In 2023, the event attracted 214,641 entrants from more than 114 different countries to the Paris Las Vegas and Horseshoe Las Vegas and awarded more than $403 million in prize money. In addition, the WSOP has formed groundbreaking alliances in broadcasting, digital media and corporate sponsorships, while successfully expanding the brand internationally with the advent of WSOP Europe in 2007 and the WSOP Asia-Pacific in 2013 and the WSOP International Circuit Series in 2015. All WSOP events are subject to the then-current and applicable WSOP tournament rules. For more information, please visit www.wsop.com.

 

 

About Caesars Entertainment, Inc.

Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment Company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the Company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call or text 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate.

 

 

About GGPoker: GGPoker is the World’s Biggest Poker Room, with a global player base. It offers a range of innovative games and features such as the patented Rush & Cash poker, All-In or Fold, Flip & Go, Spin & Gold, Battle Royale, GGCare & GGCheers, integrated staking platform, SnapCam video messaging, PokerCraft, and Smart HUD, all designed to enhance gaming experiences and make poker more fun than ever.

 

In 2020, GGPoker hosted the world record-breaking WSOP Online main event. In 2021, GGPoker won PokerListing’s ‘Best Poker Software Overall’ award. In 2022, GGPoker became the world’s largest online poker room and was awarded the Online Poker Operator of the Year Award at the SiGMA Americas Gaming Awards. In 2023, GGPoker sent more than 750 players to the live WSOP 2023 Main Event and will support WSOP Paradise at the Atlantis Paradise Island in the Bahamas.

 

Find out more about GGPoker at GGPoker.com and on Facebook and Twitter.

Contacts

Media Contacts:

Brad Harwood

bharwood@caesars.com

Paul Burke

press@ggpoker.com

Categories
Art & Life Culture Foodies/Tastylicious International & World Lifestyle

Award-winning caterer inspires with her mantra: Food, fun and love

LOS ANGELES, Calif. — At her charming flat above a bistro in England, Pauline Parry was constantly enveloped in the comforting aromas of slow-roasted lamb and fresh-baked pie crusts, punctuated by the occasional whiff of freshly chopped garlic. It was the setting of Parry’s culinary apprenticeship, and where she discovered the secret recipe for a life filled with flavor and substance.

 

In her engaging new memoir, My Culinary Love Story, Parry invites readers inside her formative years in hospitality; the early days of her romance with her future husband and the life experiences that fed her entrepreneurial spirit. Along the way, she introduces readers to the people who nurtured her talents and helped shape the award-winning catering powerhouse she is today.

 

“In this book, I share my story with you. Food is an important part of it, as is love. Both are the foundation on which my marriage and my business are built and how we journeyed from England to America,” Parry writes. “It’s the reason I say that everything I do has been guided by food, fun, and love.”

 

It all begins when, as a newly single mother, Parry gets an unexpected invitation to work at a bistro in a quaint English market town. The job includes a flat above the bistro, so she would be able to work without being far from her children. After moving in, she finds she loves the excitement of the kitchen and of being on her own. But Parry is not alone for long.

 

She is soon joined on her journey by a handsome carpenter, and the result is a snowy, romantic Christmas wedding. Every juicy detail of Parry’s romantic relationship and every bite of the cuisine Parry learns to master are chronicled in a story that takes the reader from one English Christmas to the next.

 

Peppered with 64 delicious recipes, accompanied with beautiful watercolor illustrations by Janette Carpenter, My Culinary Love Story maps the author’s serendipitous encounters, the setbacks she faced with resilience and the many victories she met with gratitude.

 

In My Culinary Love Story, the lesson is clear: life is all about food, fun and love.

 

About the Author
Pauline Parry is the renowned and highly sought after founder and president of Good Gracious! Events, an award-winning food and beverage company, and the author of My Culinary Love Story, a memoir and collection of her favorite recipes that started her on her career path and journey.

 

Parry’s awards include Caterer of the Year, Best Event for a Corporation, Best Off Premise Caterer, The I-3 Award (Innovation, Inspiration and Instruction), ACE (Achievement in Catering Excellence) and the John Mossman Award for ICA, among others. She was an inductee into the Event Industry Hall of Fame and the Wedding Industry Hall of Fame.

 

Greatly respected by her peers, Parry serves as an expert consultant to her colleagues throughout the country.

 

She enjoys bringing friends and family around the table at her home, watching films, drinking a good red wine and munching popcorn. She is a lifelong Beatles fan. On the few occasions of downtime, she enjoys spending time with her husband and grandsons, and keeping on top of all her favorite magazines.

 

For more information, please visit https://paulineparry.net, or follow the author on Instagram (@paulineparry) or Facebook (https://www.facebook.com/PaulineParryGG).

Categories
Business Culture Economics Government International & World Lifestyle Programs & Events

PBGC approves SFA application for Newspaper Guild International Plan

Newspaper Guild International Plan averts insolvency and reduction of benefits through receipt of Special Financial Assistance

 

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) recently announced that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the the Newspaper Guild International Pension Plan (Newspaper Guild International Plan). The plan, based in Washington, D.C., covers 5,824 participants in the printing industry.

The Newspaper Guild International Plan will receive approximately $62 million in special financial assistance, including interest to the expected date of payment to the plan. The plan was projected to become insolvent and run out of money in 2034.

Without the SFA Program, the Newspaper Guild International Plan would have been required to reduce participants’ benefits to the PBGC guarantee levels upon plan insolvency, which is roughly 15 percent below the benefits payable under the terms of the plan. SFA will enable the plan to continue to pay retirement benefits without reduction for many years into the future.

“Today, the Biden-Harris administration kept our promise to fight for America’s workers and retirees by taking action to protect the retirement security of 5,824 workers across America,” said Acting Secretary of Labor Julie Su.

“As part of the American Rescue Plan, Special Financial Assistance will ensure workers get the secure and dignified retirement they deserve as we grow our economy from the middle out and the bottom up.”

 

About the Special Financial Assistance Program

The SFA Program was enacted as part of the American Rescue Plan (ARP) Act of 2021. The program provides funding to severely underfunded multiemployer pension plans and will ensure that millions of America’s workers, retirees, and their families receive the pension benefits they earned.

The SFA Program requires plans to demonstrate eligibility for SFA and to calculate the amount of assistance pursuant to ARP and PBGC’s regulations. SFA and earnings thereon must be segregated from other plan assets and may be used only to pay plan benefits and administrative expenses. Plans are not obligated to repay SFA to PBGC. Plans receiving SFA are also subject to certain terms, conditions and reporting requirements, including an annual statement documenting compliance with the terms and conditions. PBGC is authorized to conduct periodic audits of multiemployer plans that receive SFA.

As of August 1, 2023, PBGC has approved nearly $52.2 billion in SFA to plans that cover over 751,000 workers, retirees, and beneficiaries.

The SFA Program operates under a final rule, published in the Federal Register on July 8, 2022, which became effective August 8, 2022, and was amended effective January 26, 2023.

About PBGC

PBGC protects the retirement security of over 33 million American workers, retirees, and beneficiaries in both single-employer and multiemployer private sector pension plans. The agency’s two insurance programs are legally separate and operationally and financially independent. PBGC is directly responsible for the benefits of more than 1.5 million participants and beneficiaries in failed single-employer pension plans. The Single-Employer Program is financed by insurance premiums, investment income, and assets and recoveries from failed single-employer plans. The Multiemployer Program is financed by insurance premiums. Special financial assistance for financially troubled multiemployer plans is financed by general taxpayer monies.

Categories
Art & Life Healthcare International & World Lifestyle Science

Tom Cruise: Insider reveals – the bizarre secret of his eternal youth: bird poop as skin food – most expensive bird droppings in the world

Tom Cruise’s worldwide fame as a Hollywood powerhouse and movie star has grown to the point where it is often difficult to separate the myths about him from the actual facts.

 

But now an insider from the set of the movie Mission Impossible reveals an incredible beauty secret that makes the superstar turn away from the use of Botox: the use of droppings of the Japanese nightingale.

 

In a world where beauty standards and the pressure to always look young are everywhere, Tom Cruise has proven that he goes his own way. Instead of relying on invasive measures like Botox, Cruise prefers to turn to natural and sustainable means to regenerate and nourish his skin.

 

Asami Geisha is based on an ancient Japanese tradition and draws on a recipe that is already over 600 years old.

 

The key ingredient of this unique cosmetic is the droppings of the Japanese nightingale. This may seem unusual at first glance, but in Japan this substance has been valued for centuries for its healing properties. The droppings of nightingales contain natural enzymes that regenerate the skin and give it a youthful glow. The droppings of the nightingales are disinfected by ultraviolet light and then made into a fine powder and incorporated into cosmetics.

 

The insider reports that Tom Cruise is thrilled with the amazing results. It is designed to make his skin look smoother, firmer and younger without having to undergo invasive treatments. Cruise is known for his dedication and commitment to his roles, and obviously that dedication extends to his skin care.

 

But if you want to enjoy these high-quality cosmetics, you have to dig deep into your pocket. 50 ml of “Asami Geisha” costs an incredible $490. This makes “Asami Geisha” by far the most expensive bird droppings in the world.

 

We can’t confirm the insider’s statement, but 10 years ago the media reported that Tom relied on the power of Bird Poop.

 

Here is the source:

https://www.huffpost.com/entry/tom-cruise-facial-bird-droppings-poop_n_1634402

 

It is clear that the extraordinary effect of the droppings of the Japanese nightingale has become a trend among Hollywood stars. Victoria Beckham, Harry Styles and Angelina Jolie have also been fans for years, according to international media reports.

Categories
Business Culture Economics International & World Lifestyle Regulations & Security Technology Travel & Leisure

AM Best affirms credit ratings of The Travelers Companies, Inc. and most subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–#insuranceAM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the main subsidiaries of The Travelers Companies, Inc. (TRV) (headquartered in New York, NY) [NYSE: TRV], collectively known as Travelers Group (Travelers). In addition, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of “aa+” (Superior) of Travelers Casualty and Surety Company of America (TCSA) (Hartford, CT) and Travelers Insurance Company of Canada (TICC) (Toronto, Ontario, Canada). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of First Floridian Auto and Home Insurance Company (First Floridian) (Tampa, FL).

AM Best also has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IR) of “a+” (Excellent) of TRV and its two wholly owned downstream holding companies, Travelers Property Casualty Corp. and Travelers Insurance Group Holdings Inc. (both headquartered in Hartford, CT). All outstanding securities issued by the two downstream holding companies are guaranteed by TRV. At the same time, AM Best has affirmed all other Long-Term IRs and Short-Term Issue Credit Ratings (Short-Term IR) guaranteed by TRV, as well as TRV’s indicative Long-Term IRs. The outlook of these Credit Ratings (ratings) is stable.

 

Lastly, AM Best has revised the outlook to positive from stable for the Long-Term ICR and affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of The Dominion of Canada General Insurance Company (Dominion) (Toronto, Ontario, Canada). The outlook of the FSR is stable.

 

The ratings of Travelers reflect the group’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable business profile and appropriate enterprise risk management (ERM).

 

Travelers’ risk-adjusted capitalization is strongly supportive of the group’s ratings and exceeds the threshold for the strongest assessment level by a wide margin, as measured by Best’s Capital Adequacy Ratio (BCAR). The assessment of Travelers’ balance sheet strength reflects its strong loss reserve position, the benefits derived from the conservative investment portfolio, the use of a comprehensive reinsurance program, which utilizes high quality reinsurance partners, and the additional financial flexibility available through its ultimate parent, TRV.

 

Travelers’ very strong operating performance reflects consistently profitable results driven by strong underwriting and investment results. Travelers’ has reported positive underwriting income in each of the most recent 10 years.

 

Travelers is the second largest commercial lines insurer in the United States based on 2022 direct premiums written and one of the top 10 largest U.S. personal lines insurers. Overall, Travelers is the sixth largest property/casualty (P/C) writer in the United States. Travelers maintains a broad spread of risk in that it offers a wide array of P/C coverages spread geographically in all 50 states, the District of Columbia, Canada, England, Ireland, Guam, Puerto Rico, the U.S. Virgin Islands and the Northern Mariana Islands.

 

The ratings of TCSA reflect its balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable business profile and appropriate ERM.

 

The ratings of TICC reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate ERM. The ratings also reflect the implicit support it receives from its ultimate parent, TRV.

 

The ratings of First Floridian reflect its balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate ERM. The ratings also reflect the implicit support it receives from its ultimate parent, TRV.

 

The ratings of Dominion reflect its balance sheet strength, which AM Best assesses as strongest, as well as its marginal operating performance, neutral business profile and appropriate ERM. The ratings also reflect the implicit support it receives from its ultimate parent, TRV. The positive outlook on Dominion’s Long-Term ICR reflects the company’s profitable operating performance in recent periods, as evidenced by positive net income in each of the most recent three years with loss ratios that compare favorably with those of the industry. Results have been influenced by favorable underwriting performance, as reflected by a five-year average combined ratio below 100, relatively in line with industry peers.

 

The ratings of TRV and its two wholly owned downstream holding companies are reflective of its modest financial leverage ratios, strong coverage ratios, ample liquidity and overall financial flexibility.

 

A complete listing of The Travelers Companies, Inc.’s FSRs, Long-Term ICRs and Long- and Short-Term IRs also is available.

 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

 

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Elizabeth Blamble
Senior Financial Analyst
+1 908 882 1661
elizabeth.blamble@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Michael Lagomarsino, CFA, FRM
Senior Director
+1 908 882 1993
michael.lagomarsino@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com