Monthly Archives: June 2016

Fuss and Speculations Following $20 Million CRDA Loan

The County Improvement Authority of Middlesex was highlighted for failure to settle a $1 million principal amount and according to the Press of Atlantic City, $20 million loan that was issued to the body by the Casino Development Authority. The loan had been pending for five years, leading to a default of almost $7 million. The initial loan amount was released in 2005 to finance the construction of The Heldrich hotel and conference center based in Brunswick. The 232-room Heldrich was opened in 2007, a period when the economic crisis was looming, thereby struggling to attract guests.
In 2015, the occupancy of the hotel was 63.5 percent and could not raise the total amount required to settle the loan in that year. This economic stagnation has cash-strapped the investment to an extent the corporation had to put in about $776, 000 of its savings to settle basic expenses. However, the spokesperson of the Improvement Authority Maria Prato has expressed optimism towards the project and foresees a great future, where improvement will be noted. The project is yet to satisfy its outstanding obligations but it’s not too late for improvement.

Devco – New Brunswick Development Corporation
DEVCO is a non-profit real estate and urban development company that was established in mid-1970s to work as a catalyst for the revitalization of the city. The company is recognized as a powerful engine for economic revitalization and has been useful in helping the city to achieve key renaissance. They boast of expertise in creation of strategic alliances and bold public-private partnerships and project financing systems that have helped to create a diverse inventory system and award winning projects.

Since inception, DEVCO is responsible for the completion of projects worth more than $1.6 billion in Brunswick. DEVCO’s approach to redevelopment is unique and targeted at future inclined developments that will create a new face for the city.

George Soros Fights to Preserve Ukraine

As one of the wealthiest individuals in the entire world, George Soros is famous for being an incredibly successful hedge fund manager. In addition to his professional acclaim, Soros has also worked as a philanthropist in the field of international human rights for quite some time. Through his many international philanthropic organizations, George Soros has gained a perspective on international politics and economics that has given him access to speak and write about some of the most pressing issues in the world today. Given the international implications of the situation in Ukraine, Soros has been a vocal supporter of sending more help to Ukraine to maintain its independence.

In recent articles, Soros reminds all of us that while Ukraine might be standing victorious now against Russia’s attempted intervention, things can change in an instant. He points out that Vladimir Putin remains a very real threat to Ukraine’s independence and is likely watching and waiting for the most opportune time to make his move again. The stronger Ukraine is, the less of a target it becomes for another Russian intervention. One of the most obvious ways to keep Ukraine strong, in Soros’ opinion, is to make sure that it has the funds necessary to retain an active military force and protect its own borders from Russian forces.

Read more:
The Greatest Investors: George Soros

George Soros – The New York Times

While Ukraine’s physical security remains important, Soros says it is too easy to lose sight of the crucial political and economic reforms that the country has embraced in recent years. Because the political reforms are so sweeping and disrupt decades of arcane bureaucracy, George Soros Ukraine says they are at risk from being fully implemented while Ukraine struggles to pay off its debts. It is completely understandable that Ukraine took on a large debt in a short time frame to try to fight off Russian forces, but the fact remains that Ukraine is still saddled with a major debt. According to Soros, there are still plenty of forces from the old bureaucracy entrenched in Ukraine, which makes it difficult to push new reforms through the government at a rapid pace.

Soros has faith that successful political and economic reforms in Ukraine could be a catalyst for broader reforms in the region. Soros says that the Russian public will be watching the reform process closely in Ukraine. If the government is able to spur economic growth and prosperity in Ukraine, then the Russian people are more likely to wake up and demand a similar change from their own political leaders. Greater financial assistance from the international community to Ukraine would increase the likelihood of success of these reforms. Soros reasons that if the government of Ukraine is too focused on paying off its massive debt instead of seeing the necessary reforms all the way through, then the revolution will be very short lived.

Learn more about George Soros:

Why Is Lightning Research In Venezuela So Important?

A New York Times report details lightning research that is happening around Lake Maracaibo in Venezuela. There is lightning there nearly 300 days a year, and the lightning is part of a lake effect system that is opening up research angles for scientists like Danilo Diaz Granados. There are millions of people killed every year by weather, and studying the systems over the lake should shed light on how weather forms every year.

Scientist Danilo Diaz explains the lightning over the lake is common to the people who live there, and they are used to seeing up to 200 strikes a minute during a major storm. The scientists there are trying to learn why the lightning strikes so much, and they also want to know how it impacts the people who live in the area. Lightning strikes can be devastating, and it is very hard for people to recover. The scientists in the area want to learn as much as they can about the lightning, and they want to apply that knowledge to other areas they are studying. Everyone who is on the shore of the lake is learning something new every day.

The dangerous storms of Lake Maracaibo are a boon for the people who are there studying the weather, and the people who come away with new findings can save lives around the world. Weather research is important, and it is now going forward in Venezuela more than any other country in the world.

Crystal Hunt’s Road to Success

Born in Clearwater, Florida on February 5, 1985, and just 2 years after Crystal Hunt began participating in pageants with a talent for acting.17 years later Crystal was discovered by an agent in New York at the Actors Workshop. Right then and there she would be known as Lizzie Spaulding on CBS’s hit series, Guiding Light. For four years she worked vigorously on the set and in return Hunt was nominated for two Emmy Awards in 2005. One for the Daytime Emmy Award and the second for Soap Opera Digest Award. Later that year she made her first debut in a motion picture film. Starring with Zac Efron she would play the role of Jill Overton in The Derby Stallion. She continued to extend her film career 2 years later in Sydney White with Amanda Bynes in a modern day version of the fairy tale, Snow White. Crystal would then return to television in 2009 as Stacy Morasco, a duplicitous stripper on One Life to Live, where she would spend the next three years. In 2013, she went back to film, but this time, to star in a suspense/thriller movie known as NYC Underground. This movie was focused on four teens who got involved in a drug deal that took a turn for the worst. Some of her costars were Evan Ross, Arielle Kebbel, and Dania Ramirez.

In Dylan Baker’s debut film, 23 Blast, Crystal would play a short role as Molly, Travis’ love before the fatal football injury. Inspired by a true story, this motion picture was released in October 2014. The following year, she would work on and off the set to inspire a new primetime drama, Queens of Drama. IMDb tells us Hunt is also joined by producer and actress Donna Mills and four-time award winning actress Vanessa Marcil. This show aired in April of last year. Last but not least, while devoting most of her time filming Queens of Drama, Crystal would begin dividing her time between Los Angeles and Georgia to develop the sequel, Mike XXL. This movie was released early July of last year.  To see Crystal’s full body of work, check out her photography website.

Securus Making Video Visitation Best It’s Ever Been

Can you imagine how video visitation for inmates could get even better? Well, look here to find out how Securus Technologies is making video visitation the best it’s ever been. Securus has promised to deliver THREADS 3.1 for some time, and now, serving over 1 million inmates in North America, they have done so. Read more about the company:

I love how the way THREADS 3.1 includes HTML 5 and has been streamlined to include a new user interface works. It’s the perfect solution to any investigative or security question or problem, and Securus has been in the market and now boasts a new leadership committee that can make everything with these products only improve more vividly and rapidly.

This way as explained by PR Newswire experts, analytical data can be made to function speedier for users, and the officers whom Securus services will greatly appreciate the increase in speed. And also, Securus Technologies is now linked in using the data and programming they’ve gotten here with to create platinum-level technology for inmates. You can’t go wrong with this type of security and communications, and you’re sure to appreciate what you use.

There’s also a free upgrade for existing customers, and you will be sure to notice the difference with Securus America’s new technology-based communication solution, as they continue to connect what matters, servicing the populations that they do.

Learn more at about Securus.