Vermont predicts excellent foliage season

first_imgVermont tourism officials are expecting a busy foliage season this year and encourage visitors to take advantage of midweek deals being offered through the fall. Dozens of inns, hotels, historic sites and museums are offering a variety of midweek specials during the fall foliage season as part of the statewide Midweek Peek promotion organized by the Vermont Department of Tourism and Marketing. Deals range from discounted lodging to reduced admission prices to free Vermont products. For details, visit www.VermontVacation.com/midweek(link is external). Foliage season is an incredibly popular time to come to Vermont, but visitors can still find a diverse range of options for lodging, dining and activities, especially midweek, says Vermont Tourism and Marketing Commissioner Bruce Hyde. Fall in Vermont is spectacular any day of the week, and we hope people will take advantage of the special Midweek Peek deals around the state.During fall foliage, Vermont s magnificent countryside shimmers in red, orange, green and gold, drawing millions of visitors here from all corners of the globe. Vermont forestry experts agree with the prediction that a beautiful foliage season is on the way. The trees throughout Vermont received an abundance of moisture this summer, which is one of the key ingredients to a bright foliage season, says Ginger Anderson, Chief of Forest Management for the Vermont Department of Forests, Parks and Recreation.  Vermont is currently experiencing a drying trend and will begin to transition into typical fall weather with warm days and cool nights. As that happens, we expect Vermont’s foliage to display magnificent autumn color.The Vermont Department of Tourism and Marketing offers a number of resources on its website at www.VermontVacation.com(link is external) for foliage season visitors. The site includes tips on planning ahead, a Lodging Availability Forecaster, and the Foliage Forecaster, which shows the progression of the colors across Vermont during a typical foliage season. Also included are seasonal stories and 20 different suggested driving tours. Visitors can also access the Vermont Travel Planner, an extensive database of lodging, dining, events, attractions and recreational opportunities. Weekly foliage reports will begin on Sept. 15 and will be available on www.VermontVacation.com(link is external) and also the state s toll-free visitor information line 1-800 VERMONT. Reports will be updated on Tuesdays and Thursdays through the end of October.Visitors make 14.3 million trips to Vermont each year and visitor spending adds an estimated $1.57 billion to the state s economy, according to VDTM research. The research shows that 23 percent of those visits, or 3.7 million, are during the fall season. Vermont is also the nation s leading producer of maple syrup and attributes much of its fall foliage beauty to the high concentration of sugar maples, the official state tree.Source: Vermont Department of Tourismlast_img read more

German pension association fears EIOPA ‘back door’ IORP II move

first_imgGermany’s occupational pensions association, aba, has called on EIOPA and ”other institutions” to respect the timeline for a review of the new IORP II Directive, stating that a recent proposal from the former shows that the “Damocles sword” of solvency requirements still hangs over the industry.In an analysis of the revised EU Directive for Institutions for Occupational Retirement Provision (IORPs), the final proposal for which was agreed in June, the association said the Directive will lead to higher standards in the areas of governance, risk management, and information.However, it will not trigger large growth in the number of IORPs in Germany or spur a boom in cross-border activity, according to aba.It noted that IORP II did not introduce new solvency requirements for workplace pension providers, which it said would have made occupational pension provision considerably more costly, and unnecessarily so. However, it considers that the “Damocles sword” of such requirements still hangs over the industry, citing an April 2016 recommendation from the European Insurance and Occupational Pensions Authority (EIOPA) for a common framework for risk assessment and transparency for IORPs.The proposal met with criticism by some in the industry when it was first released, and aba has also come out against the proposal, seeing it as equivalent to EIOPA’s Holistic Balance Sheet approach, and therefore “old wine in new bottles”.An important aspect from aba’s perspective is that under EIOPA’s proposal, national supervisory authorities should be able to take regulatory action against individual IORPs based on the results of the proposed risk assessment framework.The association fears that EIOPA would try to implement its common framework recommendation through Article 29 of the IORP II Directive, which sets out the requirement for own risk assessments by IORPs. In its analysis of the final proposal for the new IORP Directive, aba noted that it is down to Member States to require and ensure IORPs fulfil the own risk assessment requirements, and that neither the European Commission nor EIOPA are given any role to play in this regard.The final draft also stripped the Commission of the ability to pass delegated acts once the final draft had been agreed by the European Parliament, making it near impossible for EIOPA to impose new technical standards at a later date.“We hope that the implementation details will be specified by the individual Member States and that Article 29 of IORP II will not leave open the back door for EIOPA to introduce the common framework,” said the association.Aba said that such a move would be “decidedly against European lawmakers’ intention”, with use of the Holistic Balance Sheet precisely not provided for by the IORP II Directive.The preamble to the finalised IORP II Directive includes a strong statement against “further development at Union level of solvency models”, and the final proposal for the new legislation also omits quantitative requirements – seen as potentially amounting to solvency requirements – from the scope of the post-implementation review of the IORP II Directive.The proposal for the new Directive foresees the review taking place six years after its entry into force, and aba said “this provision from European lawmakers should be respected by all institutions, and accordingly therefore also by EIOPA”.last_img read more

NBA wrap: Rajon Rondo’s buzzer beater lifts Lakers to road win over Celtics

first_imgA former Celtic gave the Lakers a reason to celebrate in TD Garden on Thursday.Los Angeles guard Rajon Rondo made a 20-foot buzzer beater to lift the Lakers over the Celtics, 129-128. Rondo, who began his career in Boston, finished with 17 points, shooting 7 of 11 from the field and 3 of 4 from 3-point range. He also chipped in 10 assists.  #LeBronJames saves it. #LeBronJames drills it.WATCH on @NBAonTNT pic.twitter.com/6Grzc3lKhB— NBA (@NBA) February 8, 2019Los Angeles set a franchise record by knocking down 22 3-pointers in the win.🚨 Record Alert 🚨 pic.twitter.com/dIMt3IZkOO— Sporting News (@sportingnews) February 8, 2019Kyrie Irving had a team-high 24 points for Boston in the losing effort. Jayson Tatum pitched in 22 points and Daniel Theis had 20 points off the bench.The loss snapped the Celtics’ five-game winning streak.Studs of the NightBojan Bogdanovic helped the Pacers to their fourth straight win. He scored a game-high 29 points in a 116-92 victory over the Clippers.Terrence Ross had another high-scoring game off the bench for the Magic. The sixth-year guard finished with a season-high 32 points in a 122-112 win over the Timberwolves.Russell Westbrook notched his eighth consecutive triple-double for the Thunder. Oklahoma City beat Memphis at home, 117-95, behind Westbrook’s 15 points, 13 rebounds and 15 assists.Pascal Siakam again improved on a career best this season. He had 33 points in the Raptors’ 119-101 win over the Hawks. Dud of the NightPatrick Beverley was minus-23 in the Clippers’ fourth loss in six games. He finished with nine points, five rebounds and three assists.HighlightsVince Carter’s still got it.  NBA trade deadline: Magic believe ‘sky’s the limit’ for newly acquired Markelle Fultz Anthony Davis to return to Pelicans’ lineup, will play out rest of seasoncenter_img VINCE spinning and slamming! 👀😮 #TrueToAtlanta💻📱: https://t.co/Bq24jKOTFm pic.twitter.com/fq5xd5XCvF— NBA (@NBA) February 8, 2019You don’t want to be in Karl-Anthony Towns’ way.KAT with authority for the @Timberwolves ! 💥💻📱: https://t.co/Bq24jKOTFm pic.twitter.com/qUCC9j218R— NBA (@NBA) February 8, 2019What’s Next?Nuggets (37-17) at 76ers (34-20), 7 p.m. ET — The Nuggets will travel to Philadelphia hoping to snap a two-game losing streak and inch closer to the top spot in the Western Conference. Denver trails the Warriors by 1 1/2 games while the 76ers are also on a two-game losing skid. Rajon Rondo buries the #TissotBuzzerBeater to win it for the @Lakers in Boston! #ThisIsYourTime #LakeShow pic.twitter.com/SuGZSzrZGE— NBA (@NBA) February 8, 2019The Lakers were trailing by as many as 18 in the first half, but they rallied with 42 third-quarter points. The Celtics came back in the fourth quarter to go toe-to-toe with Los Angeles. LeBron James helped the Lakers catch up to the Celtics in the final minute with an impressive save and ensuing 3-pointer that tied the score at 124. He finished with a game-high 28 points. James also notched his fourth triple-double of the season, adding 12 rebounds and 12 assists. Related Newslast_img read more