Fed wants low profile but may repeat that the economy needs stimulus

November 20, 2020

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first_imgThe Fed’s two-day meeting is expected to end Thursday with no new proclamations from the central bank, and Chairman Jerome Powell will be sure to distance himself from the election uncertainty.But he is likely to be asked about one of the most pressing concerns in markets — fiscal stimulus to help the economy recover from the effects of the coronavirus. That topic has been a political hot spot, and it could be resolved in several ways depending on how the election turns out.“With a GOP Senate majority, the expectations for stimulus is absolutely getting dialed back, which is a good part of why yields are plummeting the way they are,” said Julian Emanuel, equity and derivatives strategist at BTIG. The 10-year Treasury yield went from a high 0.94% Tuesday night to about 0.75% Wednesday.- Advertisement – Fed officials have repeatedly called for stimulus but Powell may not address it, unless he is asked about it by journalists in his 2:30 p.m. ET briefing, strategists said.House Democrats and the White House had been negotiating a large package with the House seeking $2 trillion, but those talks stalled before the election. McConnell and fellow Senate Republicans have been seeking a much smaller package.The election was seen by some as a potential solution, since Democrats, if they won the Senate, were expected to approve a large package early next year. But a change in control appears unlikely.The Fed is also expected to reiterate its “lower for longer” interest rate policy, and that it is willing to use all of its tools to help the economy. Otherwise, Powell is unlikely to introduce any new issues at his post-meeting briefing.“I think if they move the market, they’ve made a mistake,” said Jim Caron, head of global macro strategies at Morgan Stanley Investment Management. “Their job is to sort of blend into the background at this point.”The Fed took its most recent big policy step at its last meeting, when it introduced a new approach to target a range for inflation instead of its previous set target of 2%. – Advertisement – U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, U.S., March 3, 2020.Kevin Lamarque | Reuterscenter_img – Advertisement – Strategists say the Fed will not address the election, which was unresolved as of Wednesday afternoon with the outcome in several key states uncertain.Powell is likely to be asked about the need for fiscal stimulus, which Congress failed to provide ahead of the election. On Wednesday, Senate Majority Leader Mitch McConnell reopened the topic, saying it would be important to pass a package before the end of the year.“Powell himself has made very clear that the most important thing is getting cash into people’s hands. I think he has to [comment], and I think it may be a market negative, given the fact that kind of rhetoric reinforces the limited effectiveness of the tools in the Fed’s tool box,” said Emanuel.- Advertisement –last_img read more


Kris Jenner’s Style, Fashion Evolution: Pics

November 20, 2020

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first_imgKris Jenner has always been a style queen! That doesn’t mean her sense of fashion has always looked the same though. In honor of her 65th birthday on Thursday, November 5, we decided to take a look back at her iconic style evolution.Since the start of Keeping Up With the Kardashians, the matriarch of the family has proven she loves a black ensemble over anything else. At the reality show’s premiere party in Los Angeles, Jenner killed it in a loose-fit black cocktail dress with sequin details along the hemline, sleeves and neckline. However, as the years went on, she began to adjust this trendy look in favor of something more classically tailored. But still, always, dark.- Advertisement – Keep scrolling to take a closer look at how the momager’s style has changed over the years.Listen on Spotify to Get Tressed With Us to get the details of every hair love affair in Hollywood, from the hits and misses on the red carpet to your favorite celebrities’ street style ‘dos (and don’ts!) – Advertisement – So where does she get her inspo? During a Vogue Forces of Fashion panel in 2018, Jenner said that her attitude towardsfashion comes from her mom, Mary Jo. “She will never walk out of the house not done from head to toe,” Jenner said. “She taught me to always put my best foot forward and always look your best. In her generation that’s what women did; in the ’50s everyone dressed like Jackie O. It was so fabulous.”Now the self-expression is something she’d like to inspire in others. “I just want to pass that down to women everywhere and remind them that we’re here because fashion is exciting, and it’s expression and fun, but I think that it makes you feel better. If you look better and doll yourself up a little bit, it helps. I have a better day if I’m trying to feel my best from the inside out.”- Advertisement – – Advertisement –last_img read more


Kelly Ripa Wore a Fauci Sweatshirt Just Like This One

November 20, 2020

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first_imgGet the Team Fauci I Love Science 2020 Gift for just $31 at Amazon with free shipping! Please note, prices are accurate at the date of publication, November 6, 2020, but are subject to change.If you were hoping for a more unique but fool-proof holiday gift this year, this is it. This is your sign! If you have a friend who’s a big Fauci supporter, they’ll love this sweatshirt. If you have a friend who’s extremely into science while you’re more of a casual fan, you can’t miss with this gift. Why browse through beakers and microscope models you can’t tell the difference between when you can go the cute, comfy route instead?Of course, if you’re a fan, there’s no reason not to gift this crew neck to yourself as well, or send a friend this article with a little “hint, hint” or “nudge, nudge.” Wish list, complete! See it!Get the Team Fauci I Love Science 2020 Gift for just $31 at Amazon with free shipping! Please note, prices are accurate at the date of publication, November 6, 2020, but are subject to change.Not your style? Check out more from Nykets Support Dr. Quarantine Tees here and other sweatshirts here! Don’t forget to shop all of Amazon’s Daily Deals for more great finds!Check out more of our picks and deals here!This post is brought to you by Us Weekly’s Shop With Us team. The Shop With Us team aims to highlight products and services our readers might find interesting and useful, such as face masks, self tanners, Lululemon-style leggings and all the best gifts for everyone in your life. Product and service selection, however, is in no way intended to constitute an endorsement by either Us Weekly or of any celebrity mentioned in the post.The Shop With Us team may receive products free of charge from manufacturers to test. In addition, Us Weekly receives compensation from the manufacturer of the products we write about when you click on a link and then purchase the product featured in an article. This does not drive our decision as to whether or not a product or service is featured or recommended. Shop With Us operates independently from advertising sales team. We welcome your feedback at [email protected] Happy shopping! While Ripa’s sweatshirt was white and red, this version we love is heather grey and black, but apart from the color variation, they’re practically identical — and hey, who doesn’t love a grey crew neck? This one is a number one new release on Amazon, so it’s clearly gaining fans fast!This sweatshirt comes in unisex sizes and is made of a super soft cotton blend, so basically every Fauci fan will love it, and there’s a good chance it will become their new most-worn piece! See it!- Advertisement – Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services.As much as we love sweater weather, we’re equally as excited by sweatshirt season. It really doesn’t get any comfier than a crew neck, and styling-wise, they’re timeless and so versatile, even compared to their hoodie counterparts. They’re loungewear, they’re streetwear, they’re even celeb favorites!- Advertisement – – Advertisement – One recent crew neck sighting we noted was on none other than Kelly Ripa. The talk show host extraordinaire stepped out on a rainy day in NYC in black leggings, white converse, a black face mask and a crew neck sweatshirt with “FAUCI” printed across the chest to show support for Dr. Anthony Fauci. Now this is how you make a fashion statement! We knew many shoppers would want to replicate the look, so we found an extremely similar piece on Amazon — and it’s barely over $30!team-fauci-crew-neck-sweat-shirtAmazonSee it!Get the Team Fauci I Love Science 2020 Gift for just $31 at Amazon with free shipping! Please note, prices are accurate at the date of publication, November 6, 2020, but are subject to change.- Advertisement –last_img read more


US election results: ‘We’re going to win this race’ – Biden

November 20, 2020

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first_imgAs protracted vote counting continues in the US, Joe Biden says: “The numbers tell us a clear and convincing story – we’re going to win this race”. However the Democratic candidate – speaking in his home state of Delaware running mate Kamala Harris by his side – stopped short of officially declaring victory in the presidential election.- Advertisement – – Advertisement –last_img


Lu Zhang, Fushion Fund, on data regulation in China, US

November 20, 2020

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first_imgData protection laws and approaches differ in the U.S., Europe and China.- Advertisement – Lu told CNBC that while there are some short-term pains, in the longer term, regulation results in a healthier environment. But the challenge is putting together laws that would work for everyone — which require efforts from government agencies, investors, entrepreneurs and big corporations, she said.“If we just put a one-stop solution on it … not only we may have short-term problem with potential growth, may also extend to the long-term issue,” she said.U.S.-China splitWhen asked about the technology rivalry and possibility that the U.S. and China might go their separate ways, she said in recent years, start-up founders in Silicon Valley have shied away from foreign capital.“Most of the Silicon Valley founders would prefer to take local VC money like us instead of taking foreign capital,” she said, explaining that they do so to avoid any regulatory complications. Those companies are generally short on cash and if they had to wait for six months or longer to clear regulatory hurdles before fundraising, they may not survive, according to Lu.“There is sufficient capital in the United States, especially in Silicon Valley, to fund the local start-up companies,” she said.KPMG in a report said that in the third quarter of 2020, VC-backed companies in the U.S. raised $37.8 billion across 2,285 deals. “Regulation has been a popular topic for the past couple of years, especially within the VC (venture capital) industry,” Lu Zhang, who is also managing partner at Fusion Fund, said on CNBC’s “Street Signs Asia” on Friday. The interview was part of CNBC’s annual East Tech West conference, which is being held this year both remotely and on the ground in the Nansha district of Guangzhou, China.With digital transformation happening across all industries, many of the big tech companies are sitting on large volumes of data that are being generated, Lu explained. Gaining access to that data in order to innovate is “much, much harder for the smaller start-ups.”“I think fundamentally we really welcome the regulation especially focused on data monopoly,” she said.Data privacy laws- Advertisement – SINGAPORE — Regulation aimed at addressing data monopoly among big tech firms could create a healthier environment for start-ups to innovate, according to the founder of Fusion Fund.The California-based venture firm invests in early-stage technology companies in the U.S. and Canada in sectors including health-care applications and has backed the likes of SpaceX and Lyft.- Advertisement – Meanwhile, regulators in Europe and in California, for example, have implemented rules aimed at giving users more control over the personal information that companies collect about them in exchange for services. The United Nations said as of early 2020, about 66% of countries have some form of data privacy laws and another 10% have draft legislation in place.Critics have raised concerns that sweeping data protection laws can potentially stifle innovation and hurt smaller businesses that need to fork up capital in order to comply with the rules. Dünzl | ullstein bild | Getty Images – Advertisement –last_img read more


Toronto Wolfpack: Robert Elstone defends Super League clubs’ right to vote on Canadian side’s future | Rugby League News

November 20, 2020

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first_img Live State of Origin Rugby League November 18, 2020, 9:05amLive on 3:52 Brian McDermott said the decision to refuse Toronto entry to Super League in 2021 ‘is the biggest mistake the game is making’ 9:20 – Advertisement – Robert Elstone discusses the journey to the play-offs and Toronto’s failed bid to be re-admitted to Super League Robert Elstone discusses the journey to the play-offs and Toronto’s failed bid to be re-admitted to Super League Super League executive chairman Robert Elstone has defended the right of clubs to decide the future of Toronto but admitted the league is undergoing a review of its governance.The Canadian club’s application to rejoin the top flight for 2021 was thrown out at a meeting of the Super League board, which effectively comprises the other 11 teams.Only Leeds, St Helens and Catalans Dragons voted in favour of the Wolfpack, along with the Rugby Football League, which has only one vote, and that has sparked fury among the supporters of the Ontario franchise, who point to average crowds of almost 7,000 in the club’s last season in the Championship in 2019.Elstone witnessed first-hand the atmosphere generated by raucous fans on match day at the Lamport Stadium but questioned the true value of turnstile revenue.“It was a terrific experience when I went and I’ve said that before,” said Elstone. “But in terms of its average attendance and what that generated in revenue, I don’t think there was ever real clarity.” 2:44 Former Wigan Warriors winger Brian Carney was disappointed at Super League clubs voting against allowing Toronto Wolfpack back into the competition for 2021 Toronto, who withdrew from Super League in July, traced their difficulties back to the impact of the coronavirus pandemic which would also have meant them playing the entire 2021 season in England.Ottawa have put their planned entry into League 1 back to 2022 and Elstone admits continuing uncertainty over travel restrictions could count against Toulouse in their bid to become the second French club in Super League by filling the vacant 12th spot.“It probably should, in the sense there’s a here and now about this and it’s relevant to the 2021 season,” he said.“It’s finding the right balance between a medium and long-term decision because all 12 clubs run the risk of being relegated but we also need to be confident they can get to the start line on day one of the 2021 season.“It should be a factor and it should be worth noting the way the Catalans Dragons have responded and the way they’ve rolled their sleeves up and fulfilled their fixtures within the limitations of Covid.” Brian McDermott said the decision to refuse Toronto entry to Super League in 2021 ‘is the biggest mistake the game is making’ Elstone, the former Everton chief executive who is in his third year at the Super League helm, used the system in the Premier League to support his argument.“Material decisions that impact the Premier League are taken by its shareholders – and that’s the clubs,” he said.“If the Premier League decided it wanted to change the size of its competition or how promotion and relegation happens, that would be a process taken by the shareholders.“The business of Super League is owned by its clubs and there’s therefore a strong case to say that big decisions should be taken by the owners of the businesses.“We’re looking to see whether there’s a solution moving forward, whether that’s a fully empowered executive team or on the other hand, every decision is taken by the clubs or something in the middle that gives protection and that’s a process we’re going through.” – Advertisement – Super League clubs voted against allowing Toronto Wolfpack back into the competition for 2021; Robert Elstone questions true value of Canadian club’s turnstile revenue; Super League undergoing governance review By PA MediaLast Updated: 13/11/20 10:35pm – Advertisement – Former Wigan Warriors winger Brian Carney was disappointed at Super League clubs voting against allowing Toronto Wolfpack back into the competition for 2021 Elstone says the Wolfpack were given every opportunity to demonstrate their case for re-entry and he was aware of the likely backlash in the event of a no vote.“We gave Toronto three months to prepare its submission and we helped them with it,” he said.“We took the decision very seriously and very thoroughly and part of that was our awareness about what the reaction to that was. We had to do what was right for Super League.“The executive came up with a strong recommendation on Toronto and the truth is there’s a governance review under way at Super League.” – Advertisement –last_img read more


HHS hopes pandemic preparations will ease flu vaccine supply kinks

November 18, 2020

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first_imgDec 6, 2005 (CIDRAP News) – State health officials at a Washington, DC, meeting yesterday expressed frustration over problems with supplies of seasonal flu vaccine, while federal officials promised that the government’s pandemic influenza preparedness plan will help clear up those problems.A Michigan health official said physicians recently had requested a total of 90,000 doses of annual flu vaccine, but the state was able to release only 36,000 doses. “We need to address distribution—we need to not disadvantage physicians in the markets. The physicians are getting pretty frustrated with us, frankly,” she said.Texas State Health Commissioner Eduardo J. Sanchez commented, “We’re in an awkward position trying to explain what’s going on with flu vaccine. . . . The very people we want to help in a pandemic are confused when they can get vaccine at the local supermarket, but at their doctor’s office they can’t.”Dr. Julie Gerberding, director of the Centers for Disease Control and Prevention, empathized with those concerns, saying her mother’s physician had trouble getting flu vaccine this year. “Small purchasers are at a disadvantage,” she said.The Bush administration’s pandemic plan, released last month, calls for reinvigorating the nation’s depleted vaccine industry so that it can produce enough flu vaccine for all Americans within 6 months after the start of a pandemic. That would also help eliminate the annual flu vaccine supply problems that have frustrated the public and health agencies the past several years, the administration asserts.Health and Human Services Secretary Michael Leavitt told officials at the meeting, which was broadcast over the Web, “The president’s plan calls for nothing short of revitalizing an entire industry. We must be able to create as much as 300 million courses of vaccine in a relatively short period. In a pandemic, vaccine must be produced here, not in another country, because it’ll be hard to get it out of another country.”When the plan was released, President Bush proposed spending $2.8 billion to improve cell-culture technology for flu vaccine production. The administration also wants to expand existing egg-based vaccine production and develop adjuvant, or dose-sparing, technology.To clear the way, the administration wants Congress to pass laws protecting vaccine makers from lawsuits over vaccine-related injuries. “Liability concerns have to be taken off the table,” Leavitt said. “Legislation is currently before Congress and we have optimism that will occur. Some compensation arrangement [for people harmed by vaccines] will have to be made as part of that.”But health officials also said that expanding US production capacity depends on having a dependable market for the vaccine, the demand for which has been unpredictable.”We’ve got to build the demand for the annual flu vaccine,” said Leavitt. “So the annual flu vaccine is a very important part of the strategy to have pandemic preparedness.”Gerberding said that having a “reliable large supply” of annual vaccine will help iron out kinks in distribution, but a steady demand is necessary to drive production. She added, “This timing [of vaccine distribution] will also continue to be a problem, and we don’t want to promise that will completely go away. Ultimately these investments should result in a large supply of vaccine and hopefully a faster supply, but they won’t solve everything.”In his opening speech at the meeting, Leavitt voiced hope that Congress will act soon on Bush’s request for $7.1 billion for pandemic preparedness, which includes the $2.8 billion for cell-culture vaccine technology. Calling the request “the most robust proposal made for public health at one time,” he said, “Every day without Congress acting is a day that creates a lag in our ability to deliver a vaccine.”Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said the government will have about 6.5 million doses of the experimental “prepandemic” vaccine for the H5N1 avian flu virus by January. It will take two doses to provide protection, he said.Leavitt raised the question of what will happen if no flu pandemic erupts anytime soon. “My guess is that people will in fact say, ‘They overreacted, they cried wolf,'” he said. “The truth is that a pandemic influenza of some sort will ultimately be our lot to handle. But what I believe to be an opportunity is that we can become the first society in history to do something about it.”See also:Dec 5 CIDRAP News story on other discussions at the Washington meetinghttp://www.cidrap.umn.edu/cidrap/content/influenza/panflu/news/dec0505pandemic.htmllast_img read more


Tomatoes suspected in multistate Salmonella outbreak

November 18, 2020

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first_img In a news release today, the New Mexico Department of Health (NMDH) said 40 people from 10 New Mexico counties have had recent Salmonella Saintpaul infections, up from 31 cases identified as of May 31. Several people were hospitalized, but none have died, the statement said. On the basis of “preliminary data,” the FDA yesterday warned consumers in Texas and New Mexico to avoid raw red plum, red Roma, and round red tomatoes because of the possible contamination. The agency said cherry, grape, and home-grown tomatoes, plus those sold with the vine attached, should be safe. CDC statement on Samonella Saintpaul investigationhttp://www.cdc.gov/salmonella/saintpaul/ Thoroughly wash all tomatoes under running water. Jun 4 statement from the New Mexico Department of Health Raw tomatoes emerged as the likely source of the outbreak in a case-control investigation by the New Mexico and Texas health departments and the Indian Health Service, the CDC reported. Investigators are working to pinpoint the source of the contaminated tomatoes. Tomato-related salmonellosis outbreaks are not rare, though the pathogen is more typically associated with poultry and eggs. In September 2007 the CDC estimated that a dozen salmonellosis outbreaks linked to raw tomatoes since 1990 had involved more than 79,000 cases. The agency said four outbreaks associated with restaurant tomatoes in 2005 and 2006 involved 459 confirmed cases in 21 states. Keep tomatoes that will be eaten raw separate from raw meats, raw seafood, and other raw produce. A year ago the FDA announced its Tomato Safety Initiative, an effort to determine how tomatoes are contaminated by Salmonella and other pathogens and to develop better guidance for prevention. The project is a cooperative effort by the FDA, state agencies in Virginia and Florida, several universities, and members of the produce industry. The advice to avoid raw Roma or red round tomatoes is currently only for consumers in Texas and New Mexico. The CDC added several additional tips for consumers in general: The illnesses involve Salmonella enterica serotype Saintpaul, an unusual strain, the FDA and the Centers for Disease Control and Prevention (CDC) reported. Jun 3 FDA warning about potential contamination in tomatoeshttp://www.fda.gov/bbs/topics/NEWS/2008/NEW01843.html See also: Wash cutting boards, dishes, utensils and counters with hot water and soap when switching between food products. In addition, authorities are investigating 29 recent Salmonella Saintpaul cases in Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, and Utah to determine if they are linked to tomatoes, the CDC said. States with the most cases are Illinois (12) and Arizona (6). Refrigerate cut, peeled, or cooked tomatoes within 2 hours, or discard them. Jun 4, 2008 (CIDRAP News) – Tomatoes are the likely culprit in 57 recent cases of Salmonella infection in New Mexico and Texas, and another 29 cases in seven other states may be part of the same outbreak, according to federal health officials. “FDA recognizes that the source of the contaminated tomatoes may be limited to a single grower or packer or tomatoes from a specific geographic area,” the FDA stated. Because many tomato crops in and outside the United States will soon be ready for harvest, investigators hope to find the source quickly, the agency said. The strain was identified in 57 cases from New Mexico and Texas between Apr 23 and Jun 1, the FDA said. Seventeen patients were hospitalized. The cases include 33 in New Mexico and 24 in Texas, the CDC said in an update today. Jun 3 statement from the Texas Department of State Health Serviceshttp://www.dshs.state.tx.us/news/releases/20080603.shtm Don’t buy bruised or damaged tomatoes, and discard any that look spoiled. Sep 6, 2007, CIDRAP News story “CDC warns of Salmonella risk from tomatoes” Jun 19, 2007, CIDRAP News story “FDA to hunt for causes of tomato contamination”last_img read more


The Ministry of Tourism awards scholarships to pupils and students in the hospitality and tourism industry

November 18, 2020

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first_imgWith the aim of motivating young people for hospitality and tourism professions, raising the standard of education and quality of staff, and thus the entire tourism sector, and better connection of educational institutions and companies in tourism, the Ministry of Tourism announced a public call for “Scholarships” in 2017. years.Through the mentioned invitation, the Ministry of Tourism will in the school year 2017/2018. to co-finance pupils and students who are being educated for catering and tourism occupations and occupations related to the development of special forms of tourism. Realizing the importance of quality and professional staff in tourism, the Ministry of Tourism has been awarding scholarships since 2008, and so far over 930 scholarship holders have been co-financed.These are scholarships that the ministry conducts in cooperation with companies, ie hotels, camps, tourist agencies and county chambers of crafts, in such a way that each stakeholder participates with 50 percent of the total amount. “By encouraging young people to study for occupations in catering and tourism and raising the standard of education, scholarships for hospitality and tourism occupations raise the overall quality of Croatian tourism and encourage employment after graduation. Quality workers are the basis for the continued growth and development of Croatian tourism, because in tourism, man is primarily the key to success. That is why we are actively working to increase the attractiveness of jobs in tourism, which we plan to continue in the future through scholarship programs, but also through other measures that will make Croatian tourism more competitive.”, Pointed out the Minister of Tourism Gary Cappelli.Based on the aforementioned program, the Ministry of Tourism approves a maximum of 600 kuna monthly scholarships, for students from September 1 of the current to June 30 next year, and students from September 1 of the current to August 31 next year. Immediately after the completion of regular schooling, ie studying, the partner has the obligation to conclude a fixed-term employment contract or a trainee employment contract with the scholarship holder. During the receipt of the scholarship, the scholarship holder is obliged to regularly perform a professional internship, enroll in classes / year in the regular term and remain employed in the company for 12 months (regardless of how long the scholarship lasted).The public call is open until November 17, 2017. More information on the Public Call can be found at: http://www.mint.hr/default.aspx?id=370last_img read more


Croatian Tourism Association established

November 18, 2020

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first_imgThe largest associations in the Croatian tourism sector – the Croatian Hotel Employers’ Association and the Croatian Camping Association, together with leading tourism companies operating in Croatia, have founded a new umbrella tourism association called the Croatian Tourism Association (HUT).HUT will deal with strategic issues of the most important Croatian industry, which accounts for 18 percent of GDP and more than 10 percent of employment in Croatia. Tomislav Popović, President of the Management Board of Maistra, was elected President of HUT. “The new umbrella association of the tourism sector is open to unite all interested hotel and tourism companies and professional associations in the hospitality and tourism industry. We want to unite our performance in order to ensure the further development of Croatian tourism in the direction of increasing quality, raising competitiveness, further increasing employment and the overall positive contribution to the Croatian economy. We want to be a partner of institutions in creating regulations and creating an environment that will enable further development of the tourism sector and all industries related to tourism. “, said Tomislav Popovic.After the Founding Assembly, HUT initiated the process of official registration of the Association, after which a Board of Directors will be convened to appoint a director in charge of the operational management of the Association. The founders of HUT generate about 70 percent of the total revenue in the sector, and in accordance with the Statute of the association is open to new members for the purpose of cooperation and active creation of the business future of the tourism sector.It is not yet known who joined the new Association, except Maista, UPUHH and KUH, but unofficially Valamar Riviera, Plava laguna, Bluesun, Falkensteiner, Turisthotel and others are mentioned, while the former Minister of Tourism should be the director of the Association. , Veljko Ostojic. The HUT Board will be held soon when more information will be officially known.In any case, an interesting reshuffle of forces that had to take place, given that various associations in tourism have made little or no positive progress to date.last_img read more