Vaccine news unleashes new momentum in stock market as hunkered-down investors flee cash

first_img “It’s a risk on day. It’s going to be the reopening stocks and what’s going to lag is the stay-at-home stocks. We’re in a transition period,” said Doll, adding for the trade to persist, investors will need to have confidence the global economy will be able to grow at a sustainable pace.As the Dow and S&P 500 rallied to record highs, Treasury yields pressed higher, with the 10-year yield rising to 0.95%, its highest level since March. Yields move opposite price, and bonds sold off as investors focused on the potential improvement in the economy. “If you can look forward and say we’re going to return to something closer to normal life, a lot of those cheap stocks could look attractive. This could be the beginning of the rotation into value and small caps that we’ve talked about for a long time,” said Ed Keon, chief investment strategist at QMA.The small cap Russell 2000 jumped 5.5%. The high flying FANG names, however, lagged. Facebook and Amazon were both down nearly 3%, and analysts said they could now underperform if the value rotation continues.“We didn’t get a blue wave, and now we have an announcement of a vaccine, and there are people today who are capitulating. You don’t get a Dow up 1,300 points without people capitulating,” said Bob Doll, chief equities strategist and portfolio manager at Nuveen. Doll said the news has forced investors, who were waiting for the election to be over or worried about the pandemic, to take cash off the sidelines.- Advertisement – Stocks skyrocketed and bond yields surged as investors bet Pfizer’s Covid-19 vaccine will help the broader economy recover and revive cyclicals and other industries that were beaten down by the pandemic.The Dow was up more than 4%, while Nasdaq was up just 1% as laggard sectors like energy and financials outperformed tech. Stay-at-home plays, like Netflix and Zoom were sharply lower, but airlines rallied 16%. The S&P energy sector, still down 45% this year, was up more than 14%, and financials were up 8%.Pfizer announced earlier Monday that its vaccine is more than 90% effective, and while it will not be broadly distributed for months, investors bet that the economy will reopen and people will travel, return to work and be able to gather again in public in the next year.- Advertisement – – Advertisement – The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.Tayfun Coskun | Anadolu Agency | Getty Images The vaccine news comes as the coronavirus is again spreading at a rapid rate, with record levels of new cases that could result in more partial shutdowns and more months of social distancing and other precautionary behavior.But the vaccine should still help the outlook.“I think people are going to stop having anxiety everyday…I think we see the beginning of the end. That’s a big deal,” said Tom Lee, Fundstrat head of research. “I think the market was happy to wait until we got vaccine progress before we got the rotation. There was a huge amount of underperformance in these cyclicals and epicenter stocks. We could see months and months of this. This could rally for awhile.”Lee said the market is looking ahead, and is not focusing on valuations but on the prospect of earnings revisions for many companies. Cruise stocks, for instance, soared on optimism that bookings will increase. Royal Caribbean was up 25%. Movie theatre operator AMC Entertainment surged 60%.“The public mood will change, then the confidence surveys will show that. CEOs will have more visibility, and then people will start to say earnings will go up a lot,” said Lee.Lee said investors have been holding too much cash. “People have been doomsaying for so long. It’s more likely we’re going to rally for some period of time. We’re in the final months of the year, and that Santa Claus rally could kick in,” said Lee. Lee said stocks could rally another 10%, taking the S&P 500 to 3,900 by year end.Stocks also got a lift from the possible resolution of the U.S. election, with Democrat Joe Biden declared the presumptive winner on Saturday. President Donald Trump has not conceded, and Republicans are waging legal challenges to the results in some states.“Despite the Trump campaign’s commitment to more legal action, my observation is the markets are signaling the election has been resolved. The outcome has been determined,” said Michael Arone, chief investment strategist at State Street Global Advisors. “The market is moving on like this is a done deal.”Stocks rallied last week, as investors welcomed a split government, with a Democrat in the White House, but Republicans still holding the Senate. The fear had been that Biden could implement market unfriendly policies like higher corporate and capital gains tax rates if Democrats gained control of the Congress.JPMorgan strategists said the S&P 500 should be at 4000 by early next year based on the combination of the Biden victory and the vaccine. “The equity market is facing one of the best backdrops for sustained gains in years. After a prolonged period of elevated risks,” they wrote. Gridlock in Washington should likely result in no tax increase and a ratcheting down of trade wars.Analysts said there are plenty of risks remaining, including the fact that Congress has not passed a stimulus package.Lee said stimulus is a necessary bridge to help businesses and individuals get through the next couple of months, while they await a vaccine. If Congress continues to battle about it, that could be a negative.“This is not about a fiscal deficit. This is about people needing a financial lifeline urgently,” said Lee.Arone said the Pfizer news is extremely positive and the market should rally on it. The market expects change, but consumer behavior has to start to change to support the gains in leisure and other stocks. Value stocks have also had a number of false rallies.“The big question is once a solution is determined, given the environment, are we in this much greater growth, higher inflation, potentially higher rates – a global economic recovery? Of that, I’m more skeptical. I need to see more evidence of that,” he said. – Advertisement –last_img read more


The Masters: Groups, tee times for opening round at Augusta National | Golf News

first_img The Masters Verdict November 12, 2020, 10:30pmLive on 1222 Larry Mize, Andrew Landry, Lukas Michel (Aus) (x)1233 Matt Kuchar, Lee Westwood (Eng), Kevin Na1244 Xander Schauffele, Jason Kokrak, Henrik Stenson (Swe) 1616 Danny Willett (Eng), Rickie Fowler, John Augenstein (x)1627 Phil Mickelson, Abraham Ancer (Mex), Bernd Wiesberger (Aut)1638 Adam Scott (Aus), Collin Morikawa, Tyrrell Hatton (Eng)1649 Justin Thomas, Matt Fitzpatrick (Eng), Brooks Koepka1700 Dustin Johnson, Patrick Cantlay, Rory McIlroy (NIrl)1711 Zach Johnson, Justin Rose (Eng), Cameron Champ1722 Victor Perez (Fra), Sungjae Im (Kor), Brendon Todd The Masters – Live November 12, 2020, 12:30pmLive on Starting from Hole 1 1200 Lucas Glover, CT Pan (Tpe), Corey Conners (Can)1211 Brandt Snedeker, Charles Howell III, Jazz Janewattanond (Tha) When’s The Masters on Sky Sports? – Advertisement – Starting from Hole 10 1200 Sandy Lyle (Sco), Jimmy Walker, Yuxin Lin (Chn) (x)1211 Webb Simpson, Marc Leishman, Hideki Matsuyama (Jpn)1222 Kevin Kisner, Adam Hadwin (Can), Scottie Scheffler1233 Jon Rahm (Esp), Bryson DeChambeau, Louis Oosthuizen (Rsa)1244 Patrick Reed, Paul Casey (Eng), Tony Finau1255 Tiger Woods, Shane Lowry (Irl), Andy Ogletree (x)1306 Jordan Spieth, Gary Woodland, Ian Poulter (Eng)1317 Graeme McDowell (NIrl), Si Woo Kim (Kor), Nate Lashley1605 Justin Harding (Rsa), Shugo Imahira (Jpn), Nick Taylor (Can)1616 Chez Reavie, Sebastian Munoz (Col), Byeong Hun An (Kor)1627 Bubba Watson, Matthew Wolff, Tommy Fleetwood (Eng)1638 Francesco Molinari (Ita), Billy Horschel, Cameron Smith (Aus)1649 Bernhard Langer (Ger), JT Poston, Christiaan Bezuidenhout (Rsa)1700 Fred Couples, Max Homa, Dylan Frittelli (Rsa)1711 Jose Maria Olazabal (Esp), Andrew Putnam, James Sugrue (Irl) (x)Watch The Masters this week live on Sky Sports, with all four rounds exclusively live on Sky Sports’ Masters channel. Live coverage beings with Featured Groups from 12.30pm on Thursday. – Advertisement – 1255 Charl Schwartzel (Rsa), Jason Day (Aus), Abel Gallegos (Arg) (x)1306 Vijay Singh (Fij), Lanto Griffin, Tyler Duncan1317 Mike Weir (Can), Rafa Cabrera Bello (Esp), Matt Wallace (Eng)1605 Sung Kang (Kor), Erik van Rooyen (Rsa)center_img Dustin Johnson and Rory McIlroy have been grouped together for the first two rounds of The Masters
Dustin Johnson and Rory McIlroy have been grouped together for the first two rounds of The Masters


Gareth Bale: Wales caretaker boss Robert Page says Spurs forward is fittest he has ever seen him | Football News

first_img As for the prospect of Bale starting both games, Page added: “The most important game for us is tomorrow and we can only take one game at a time.“It’s full focus on the Republic of Ireland and we can’t even look forward to Finland.“We’ve all got a job to do and win games of football. Of course, we’re sympathetic to the club managers and the demands put on them with the current situation with Covid. Page, who is standing in for Ryan Giggs, would not be drawn on whether Bale would feature against Ireland and Finland on Wednesday – both games in Cardiff are live on Sky Sports – but insisted he is in top shape.“He’s been brilliant all week,” Page said of Bale.“He’s probably the fittest I’ve seen him since I’ve been involved with Ryan and the first team. He’s looking in great shape.” – Advertisement – Wales are expected to make changes for the Republic of Ireland game in the Nations League, reports Geraint Hughes Highlights of the friendly match between Wales and the USA Wednesday 18th November 7:30pm Wales caretaker manager Robert Page says Gareth Bale is as fit as he has seen him ahead of the Nations League game against the Republic of Ireland in Cardiff on Sunday.Tottenham boss Jose Mourinho had expressed concerns over Bale’s potential workload during the international break, with Spurs having worked hard to get him back to match fitness after he arrived on loan from Real Madrid in September.- Advertisement – “I’ve been a club manager myself and know the demands and, from a selfish point of view, you want your players to be fit every week.“No different from us when we’re in camp and we’ve got two big games.”Group B4 leaders Wales are one point ahead of second-placed Finland – who play away to Bulgaria on Sunday – going into their respective matches before they go head-to-head at the Cardiff City Stadium in midweek as they bid to secure promotion to League A. Kick off 7:45pm 1:24 2:09 The Wales forward did not feature in Thursday night’s 0-0 draw against USA in their international friendly but he is expected to be called into action over the coming days. preview image – Advertisement – – Advertisement –last_img read more


Study finds 2 mutations that help H5N1 infect humans

first_imgNov 21, 2006 (CIDRAP News) – Researchers recently reported identifying two mutations in the H5N1 avian influenza virus that seem to improve its ability to attach to human cells, a finding that may help scientists spot H5N1 strains capable of infecting humans.An international team of scientists determined that in the laboratory, two mutations in the hemagglutinin (HA) molecule of H5N1 viruses gave them the ability to recognize and bind to human-type cell receptors, according to the report in the Nov 16 issue of Nature.”The amino acid changes that we identify might serve as molecular markers for assessing the pandemic potential of H5N1 field isolates,” says the report by Shinya Yamada of the University of Tokyo and other scientists from Japan, Vietnam, Indonesia, the United Kingdom, and the United States.H5N1 viruses have killed millions of birds since late 2003 but still infect humans relatively rarely, having caused 258 illness cases with 153 deaths so far. Previous studies have shown that avian and human influenza A viruses recognize different host-cell receptors. Avian flu viruses prefer a cell receptor molecule consisting of sialic acid with an alpha2,3 linkage to galactose (called SA-alpha2,3Gal), whereas human flu viruses prefer receptors consisting of sialic acid with an alpha2,6 linkage to galactose (called SA-alpha2,6Gal).Because of this, a change in preference from SA-alpha2,3Gal to SA-alpha2,6Gal is believed to be one of the steps that could enable the H5N1 virus to readily infect humans and possibly lead to a pandemic.Yamada and colleagues set out to determine which mutations in the HA protein enable it to recognize human type receptors. They used clones of three H5N1 isolates from Vietnam, and they also synthesized the HAs of eight other H5N1 viruses collected from humans in Thailand, Vietnam, and Cambodia by using data from a public sequence database. The team created hybrid viruses by combining these HAs with the neuraminidase from a 2004 Vietnam H5N1 isolate and six genes from a laboratory strain of H1N1 virus.The researchers then assessed the binding of these viruses to artificial surfaces made of sialylglycopolymers that featured either the avian or the human type of receptor. They found that none of the five avian strains attached to the human type receptors, whereas 3 of 21 viruses representing human isolates bound to both the avian and human receptors.In comparing the HAs of these three viruses with an avian type HA, the scientists found that two of them differed from the avian type HA at two amino acid positions each (a total of four mutations, at positions 192, 223, 139, and 182). To test the effects of these mutations, the team introduced the mutations into the virus with the avian form of HA. They found that introducing one of a pair of mutations improved the virus’s ability to bind to human type receptors, and introducing both mutations increased that ability further.The team also analyzed the crystal structure of one of the viruses and concluded that the locations of two of the mutations, at positions 182 and 192, suggest that an effect on receptor binding is plausible.Further, the scientists report that these same two changes (at 182 and 192) were present in H5N1 viruses isolated from two people in Azerbaijan and one person in Iraq, but not in any of more than 600 avian isolates that have been examined.The authors conclude that amino acid changes at positions 182 and 192 in the HA molecule “independently convert the HAs of H5N1 viruses known to recognize the avian receptor to ones that recognize the human receptor.”However, the mutations the scientists identified have not yet equipped H5N1 to spread easily from person to person, and the authors acknowledge that mutations in proteins other than HA may be necessary before that can happen. But the mutations they identified “might provide useful molecular markers in assessments of H5N1 field isolates for their capacity to replicate in humans—an essential indicator of pandemic potential,” they write.The senior author of the article isYoshihiro Kawaoka of the University of Wisconsin and the University of Tokyo. In a University of Wisconsin news release, he said it is not known how many mutations will be required for the virus to fully adapt to humans. But if scientists continue to monitor the virus in humans, they may be able to trace a “mutation trajectory” that will help them predict when the virus will reach that point, he said.Hamada S, Suzuki Y, Suzuki T, et al. Haemagglutinin mutations responsible for the binding of H5N1 influenza A virus to human-type receptors. Nature 2006 Nov 16;444(7117):378-82 [Abstract]See also:University of Wisconsin news release (Nov 15)http://www.news.wisc.edu/13198.htmllast_img read more


Contaminated sprout seeds suspected in Salmonella outbreaks

first_img Apr 26 FDA press release See also: The latest illnesses appear to be linked to an earlier outbreak in February and March when the same indistinguishable outbreak strain sickened at least 100 patients in Nebraska, South Dakota, Iowa, Kansas, and Minnesota, the FDA said. However, the pathogen was never found in the product samples, though the company recalled the sprouts as a precaution. The FDA said an investigation suggests lots of potentially contaminated alfalfa seeds may have been sold around the country, which may account for the illness spread across multiple states. An initial investigation has traced possibly contaminated raw alfalfa sprouts to multiple sprout growers in different states. “This suggests a potential problem with the seeds used, as well as the possible failure of the sprout growers to appropriately and consistently follow the FDA sprout guidance issued in 1999,” the FDA said. Illnesses began in mid March, cases are still being reported, and the FDA said it expects to receive more reports from more states. The guidance urges growers to disinfect the seeds immediately before growing and regularly testing each batch of water used in sprout production for Salmonella and Escherichia coli O157:H7. Apr 27, 2009 (CIDRAP News) – Federal health officials yesterday warned consumers not to eat raw alfalfa sprouts, including blends that contain the sprouts, until further notice, because the seeds used by growers around the country may be contaminated with Salmonella. The FDA, Centers for Disease Control and Prevention (CDC), state, and local authorities have associated the outbreak with eating raw alfalfa sprouts. Most of the patients reported eating raw alfalfa sprouts, some from restaurants and others purchased in retail stores. Six states—Michigan, Minnesota, Pennsylvania, South Dakota, Utah, and West Virginia—have reported 31 illnesses with the same outbreak strain of Salmonella enterica serotype Saintpaul, the Food and Drug Administration (FDA) said in an Apr 26 press release. Mar 9 CIDRAP News story “Sprouts-linked Salmonella outbreak grows to 5 states”last_img read more


Ministry of Tourism issued tourist guides?

first_imgDear Sirs,This way fromWe are very dissatisfied with the non-acceptance of the basic requirements that the representatives of tourist guides, in accordance with the decision of classes: 011-01 / 16-03 / 32, registration number: 529-06-17-33 of March 30, presented at numerous meetings in the Ministry of Tourism and agreed proposals for provisions. relating to the activity of tourist guides. However, after the publication of the draft Law on the provision of services in tourism, we were surprised and we cannot shake the impression that we have been cheated and deceived.We explain the same in detail and with arguments, as follows:1. Specific definition of the concept of protected localitiesIn all official letters you give instructions to the Tourist Boards in which it is emphasized:”Protected units (sites), therefore, must be determined in such a way that they are truly sites of special historical, cultural, artistic and archaeological significance for Croatia, for the presentation and interpretation of which special knowledge is required, which could not be public areas, urban squares, forests, parks. Only such tourist guides who have acquired additional knowledge, ie passed additional education, could then lead on such protected units (localities). ”What are these official instructions based on? Not on directives because they are not prescribed by them (!) We remind you of the provisions of Directive 2006/123 / EC of the European Parliament and of the Council of 12 December 2006 on services in the internal market, which emphasize consumer protection and the preservation of national historical and cultural heritage fat can be considered a justifiable reason for restricting freedom. Furthermore, it is clear from the judgments such as C-154/89, EC v. France that the cases in question concerned the restriction of activities throughout the territory, and not just sites such as museums and historical monuments.In the provision from Art. 64 .st. 7 you stated that “a person who performs professional guidance in a museum, gallery, protected parts of nature, at an archeological site, etc. is not considered a tourist guide” which is completely contradictory to your instructions and you did not take into account the proposal in which we required clarification of the same cit:”The tourist guide also performs professional specialist guidance in the museum, gallery, protected parts of nature, at the archeological site and the like.”2. Professional exam programDespite the acceptance of the proposal of the examination program, which was explained and elaborated in detail by colleague Vinko Bakija and the standard EN15565, the explanation by which you justified non-compliance with the agreement is the impossibility of organizing as soon as possible, which is unacceptable for any responsible authority. Please find attached the proposed and reasoned curriculum that we were convinced had been accepted, as well as our other proposals.3. Conditions set for issuing the decision on approvalIn the provision from Art. 68 of the draft, you have completely omitted all the proposals that we have agreed on, which relate to the level of knowledge of the language. What does “sufficient measure” mean? Croatian is the official language of the European Union, and the proposal is disparaging, unjustified, but also sad given our history and the centuries-old struggle of Croats to respect our language. The specific determination in which part the candidate has passed the professional exam for a tourist guide (general or general and special part of the professional exam for tourist guides) is also omitted.4. Definition of tour guide and tour guideDespite the detailed explanation of the Directive on Services in the Internal Market 2006/123 / EC, point 102 and the use of standard EN15565, you copied the relevant provisions from the current law, so we come to the illogicality in which the tour guide (formerly: tour guide) has the same powers as the tour guide without education, by which you directly acted contrary to the provisions of 102 of this Directive and you completely ignored the proposal, which we elaborated in detail:“The tour guide is the person who manages the itinerary and oversees it on behalf of the tour operator. Ensures that the program is implemented as described in the materials (program and contract) of the tour operator exactly as agreed with the traveler. This is a person who deals with the logistics of tourist travel and the coordination of all components of the package deal. “Furthermore, we explicitly oppose the proposal which, in addition to the above, provides for the possibility of granting these powers, which in content correspond to the activities of a tourist guide and educational workers, which we consider scandalous and directly endangering many jobs.We are also critical of the terminological and nomotechnical content of the law, which does not follow gender-aware terminology that respects the fact that the majority in our profession are women. Gender equality is one of the values ​​guaranteed by the Constitution of the Republic of Croatia, so we consider such a terminological proposal obsolete, patriarchal and contrary to the nomotechnical trends of advanced democracies, with which our foundations tend to be linked.Again, we kindly ask you to respond to the requested information on the number of fined unlicensed guides in accordance with the applicable provisions and the Right to Access Information Act (OG 25/13, 85/15) and to consider proposals on the method of calculation for tourist guide services. also included associations as intermediaries and citizens – guides who work independently and without a legal structure and calculate their obligations.”Tourist guide associations may, in the name and on behalf of their members, as well as in their own name and on behalf of their members, mediate in the provision of tourist guide services with the obligation to issue an invoice to the user. The Minister shall prescribe by an ordinance the manner of calculating the tourist guide’s fees with the prior opinion of the Minister responsible for finance. ”It follows from all the above that we held all the numerous meetings in vain, considering that apart from the system based on the general and special part by counties, you did not take any of our proposals into account, but rewrote the previous proposal of the Act and as a result we have 3 disappointed tourist guides. deceived, but also illogical and superficially written draft law without respecting the proposals of the profession, which jeopardizes jobs, livelihoods, endangers the tax and surtax collection system, pension and health insurance funds, and the country’s reputation, the truth about recent Croatian history and cultural heritage. as a whole we consider it contrary to national interests.We emphasize that as a profession we are unique at the level of the whole of Croatia, with the strong support of colleagues from all over Europe and we will not agree to partial and contradictory solutions such as the proposed one.With respect,Members of the Working Group in the drafting of the Law on the Provision of Services in Tourism – representatives of Croatian tourist guides:Marko SjekavicaVinko BakijaKristina Nuić PrkaJasminka MiškulinAnita PenićSuzana TalijanZlata Sučić The tourism ministry has launched a public debate on the new one Law on the provision of services in tourism which lasts until July 26, and which, among other things, aims to enable practically all foreign tourist guides to lead groups throughout Croatia and in all localities, regardless of the fact that they do not know our mentality, culture, history, etc.… nor have they been trained for our localities .What seemed at first to be the beginning to respect the profession and professionalism, since before the publication of the draft Law on Service Provision, several meetings were held between the Ministry of Tourism and a working group consisting of representatives of all guides – ZDTVH and tourist guides section at HOK, it turned into fraud and betrayal, as they point out from ZDTVH, not only towards tourist guides, but also towards Croatian identity and interests. “Given that most of the members of ZDTVH were also members of the working group for the adoption of the draft law on the provision of services in tourism and despite numerous agreed items at the meetings, the final bill you presented, in the eyes of almost all members of ZDTVH fraud and betrayal.“Points out Kristina Nuić Prka, dipl.iur. from the Association of Croatian Tourist Guide SocietiesI wonder: Who cares if our history, culture, identity is misinterpreted and distorted? Unfortunately, there were cases, as ZDTVH points out, of foreign tourist guides unknowingly reporting that our bloody struggle for Croatia’s independence was in fact a civil war. This is just a drop in the ocean of problems, and it is interesting how the ministry is proposing such a law, a ministry that should protect Croatian interests.It follows from all the above that we held all numerous meetings in vain, considering that apart from the system based on the general and special part by counties, none of our MINT proposals was taken into account, but the previous draft law was rewritten, Nuić Prka points out and adds that as a result we have 3 500 disappointed tourist guides who feel cheated, but also illogical and superficially written draft law without respecting the proposals of the profession, which MINT calls into question jobs, livelihoods, endangers the tax and surtax collection system, pension and health insurance fund, and the country’s reputation, the truth about recent Croatian history and cultural heritage, which we consider to be contrary to national interests. “It states the obligation to adopt the acquis communautaire and the directive (which contain provisions that support the defense of our profession and which we have clearly presented to you) and then do not implement the European standard of education EN15565 (which is in our favor) but state the adoption of a new rulebook on protected units without squares, justifying themselves in that part with recommendations (which do not support us – although the recommendations are not binding) which is illogical and contrary to the interests of Croatian citizens who pay taxes and surcharges, but also in general national interests given all the information we presented, norms, but also sources to foreign guides who state terrible untruths that damage the reputation of our country whose independence we as a nation dreamed of for a thousand years, fought in a terrible war in which so many people survived terrible pain, sorrow and suffering and for which many died. Furthermore, outside the European norms, in the assessment of the situation you state that you will enable the citizens of Asian countries to lead around our country, although such a rule does not exist in any European country, so none of them stated a decrease in the number of guests or quality (which you state as a justification without any data). and analysis). On what basis did you adopt such an attitude and how do you justify it? The same is truly shameful and sad. ” concludes Nuić Prka.If such a proposal for the Law on the Provision of Services in Tourism passes and is passed, we can freely say that it is out of the question and that again we do not respect ourselves, our culture, history and identity. Each country preserves and nurtures its culture and history, identity, and it certainly cares about the story being told, and most of all that the story is true and credible.Join the public debate that lasts for a few more days, ie until July 26, 2017 – PUBLIC HEARING OPEN LETTER OF THE WORKING GROUP IN THE DRAFTING OF THE LAW ON THE PROVISION OF SERVICES IN TOURISM – REPRESENTATIVES OF TOURIST GUIDES TO THE MINISTER OF TOURISM G.CAPELLIUlast_img read more


CNTB announces Public Call for Joint Advertising 2018

first_imgRelated news: CNTB has published a call for expressions of interest for the implementation of strategic promotional campaigns in emitting markets in 2018. CNTB announced Public call for joint advertising in public and private sector promotional campaigns in 2018 inviting all interested economic entities that can run promotional campaigns for advertising with the CNTB and other tourist boards.With the aim of increasing tourist arrivals and overnight stays in the pre-season and post-season and on the continent throughout the year, extending the season and increasing total tourist traffic, the Croatian National Tourist Board will promote Croatian tourism in 2018 through advertising in public and private sector promotional campaigns. from the CNTB.The deadline for submitting applications to the tourist boards of the counties and the Tourist Board of the City of Zagreb is September 15, 2017. You can see all the documentation as well as the conditions of joint advertising here: Public call for joint advertising in public and private sector promotional campaigns in 2018last_img read more


Italians, Germans and Austrians mostly book accommodation in Croatia via Booking.com

first_imgAccording to Booking.com, the summer season behind us was better than the previous one, with an average length of stay of guests in Croatia of four nights.As they point out from Booking.com, after the end of the summer season 2017 in Croatia, it is evident that the top six nationalities that booked accommodation in Croatia in the period from June 1 to August 31, 2017. Italians, Germans, Austrians, British, Croats and Poles. The same nationalities were at the very top last year, which shows that foreign guests gladly return to us and choose Croatia for their vacation. On the other hand, Booking.com data reveals that travelers from Croatia were happy to visit neighboring countries and cities this summer, and Belgrade, Budapest, Vienna, Sarajevo and Budva are the top destinations for our citizens. According to Booking.com, travelers from Croatia mostly book destinations in Serbia, Hungary and Austria.”Croatia was recognized as this year as well betweenwoman destination, not only for guests from abroad, but also for domestic guests. I am extremely pleased with the fact that our guests are happy to return, which is confirmed by our data. The number of our users has increased this year as well, which only confirms that guests have recognized Booking.com as a platform that makes it easier for them to find the most adequate accommodation to their liking.”Said Goran Pleše, Booking.com’s regional manager for CroatiaThe top five destinations booked by travelers from Croatia according to Booking.com are Belgrade, Budapest, Vienna, Sarajevo and BudvaThe nationalities that visited Croatia the most this summer were Italians, Germans and AustriansSplit stood out as the number 1 destination for travelers from abroadWhen we talk about the cities that international travelers have booked in Croatia this summer, Split stood out as the number 1 destination, followed by Dubrovnik, Zagreb, Zadar and Pula. Travelers from Croatia also most often booked these cities, with Zagreb standing out as the number 1 destination, followed by Split, Zadar, Dubrovnik and Pula.Among the 67.700 accommodation facilities in Croatia available on Booking.com, guests booked the most apartment accommodation during the summer, followed by hotels, guest houses, hostels and B&B facilities. Although Croatia is not known as a shopping destination, travelers have singled out Zagreb, Split, Rijeka, Zadar and Opatija as destinations where shopping can be done in addition to vacation, thus combining the pleasant with the useful.Related news:EIGHT TRENDS RELATED TO TRAVEL IN 2018, ACCORDING TO BOOKING.COMSPLIT NAMED THE MOST SUCCESSFUL CITY BREAK DESTINATIONlast_img read more


The Istria Trade Union of Kvarner and Dalmatia reacted to the postponement of the appointment of the Management Board of Jadran dd

first_imgThe Trade Union of Istria, Kvarner and Dalmatia (SIKD) reacted to the current situation, ie postponing the appointment of the Management Board of Jadran dd from Crikvenica, a tourist company that owns 8 hotels, 2 campsites and a tourist resort on the Crikvenica Riviera.Namely, the President of SIKD Bruno Bulić forwarded the letter to the members of the Supervisory Board of Jadran dd Crikvenica, the Minister of Tourism, the Minister of State Property and CERP and to the Prime Minister, in which he points out that SIKD is surprised and worried about the expiration of the current Management Board. Jadran dd, no agreement was reached on the appointment of a new or extension of the current President of the Management Board of Jadran dd”It would be unusual and unacceptable if the ownership of the Adriatic remained unchanged, but in a situation where it is certain that there will be a change of ownership in a very short time, it is almost incomprehensible.“Points out Bruno Bulić, President of the Trade Union and adds that in the period until the formal change of ownership the Company must function, work processes must take place, and for this extremely important economic activity, where the human factor is crucial, it is unnecessary to create uncertainty, unrest and discomfort among workers. .The entire press release of the Trade Union of Istria, Kvarner and Dalmatia is transmitted in its entirety:” We are surprised and concerned that by the expiration of the term of the current Management Board of Mr. Dino Manestra, ie by 17 January 2018, you have not reached an agreement on the appointment of the President of the Management Board of Jadran dd Crikvenica.Namely, the session of the Supervisory Board at which the Management Board of Jadran dd Crikvenica was to be appointed, according to unofficial information we have, which is unfortunately hidden from the workers, was postponed twice because the owners’ representatives failed to agree on who will take over the presidency. Management Board of Jadran dd Crikvenica.It would be unusual and unacceptable if the ownership of the Adriatic remained unchanged, but in a situation where it is certain that there will be a change of ownership in a very short time, it is almost incomprehensible.The fact is that the Republic of Croatia, ie the Ministry of State Property cares to sell this company, that the published tender received, according to official CERP data, a binding offer from the bidder PBZ CROATIA OSIGURANJE dd mandatory pension fund, and ERSTE doo on behalf of ERSTE BLUE mandatory pension fund; that the price offered is almost 6 million more than the initial fixed price; that in the binding offer the bidders undertook to recapitalize in the amount of HRK 200 million in accordance with the invitation within 6 months from the day of concluding the Agreement on sale and transfer of shares, so in the opinion of SIKD the sale of Adriatic shares is almost based on the change of ownership. safe.And precisely because of that, it is incomprehensible that until the expiration of the mandate of the current President of the Management Board Dino Manestra, no new Management Board has been appointed or the mandate of the current President of the Management Board Jadran dd has not been extended for a while until the change of ownership. In the period until the formal change of ownership, the Company must function, work processes must take place, and for this extremely important economic activity, where the human factor is crucial, it is unnecessary to create uncertainty, unrest and discomfort among workers.The workers of Jadran dd have gone through their ordeal in the last twenty years, when they did not receive a salary or they received it late and reduced. It was a time when the Adriatic was a “case”, when various long-term caretakers toured the Adriatic with the intention of catching it. Today, Jadran is a stable company, and investors have recognized that it is a good “bridegroom”, that is, we hope future owners, so we do not want to believe that Jadran dd is once again creating a “case” where politicians will collect political points.If the future owners, ie bidders do not have the possibility (and legally do not have) to nominate a candidate for President of the Management Board, for a relatively short period until the change of ownership, the acting President of the Management Board should be appointed. If there are problems of this kind, then indeed this Government of the Republic of Croatia has very big problems. In this sense, the Government of the Republic of Croatia and the Ministry of Tourism and the Ministry of State Property, as well as members of the Supervisory Board of Jadran dd, will be responsible for the consequences that could arise due to late appointment of the Management Board of Jadran ddTherefore, we call on the Government of the Republic of Croatia and all competent ministers to give instructions, ie members of the Supervisory Board to appoint without delay the Acting Management Board of Jadran dd for a period not exceeding 6 months, and in which period the new owner would appoint the Supervisory Board in accordance with the Companies Act. ddBruno Bulić, President of the Trade Union ” Related news: CERP RECEIVED ONE BINDING OFFER FOR THE PURCHASE OF SHARES OF JADRAN DDlast_img read more