Commercial photographer – Photo Bolsillo http://photobolsillo.com/ Sat, 08 Jan 2022 09:30:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://photobolsillo.com/wp-content/uploads/2021/08/cropped-icon-32x32.png Commercial photographer – Photo Bolsillo http://photobolsillo.com/ 32 32 Tracey Emin to found art school in disused morgue https://photobolsillo.com/tracey-emin-to-found-art-school-in-disused-morgue/ Fri, 07 Jan 2022 22:49:46 +0000 https://photobolsillo.com/tracey-emin-to-found-art-school-in-disused-morgue/ Turner Prize-winning artist Tracey Emin is setting up an art school and museum in the port town of Margate, on the south-east coast of England, where she grew up. The school, which will be baptized TKE Studios (the name incorporates its own initials), will occupy a former public bath and mortuary, the London Times reports. […]]]>

Turner Prize-winning artist Tracey Emin is setting up an art school and museum in the port town of Margate, on the south-east coast of England, where she grew up. The school, which will be baptized TKE Studios (the name incorporates its own initials), will occupy a former public bath and mortuary, the London Times reports. The two structures are located near her studio, in a sprawling old printing house that she bought with a friend five years ago.

The school will include thirty newly built studios, which students can rent for a relatively nominal fee. Students will have to show their work regularly and, as the Daily mail, will not be allowed to smoke or listen to loud music. The mortuary is to serve as a sort of “mini museum”, housing the works of Emin, who announced in September that his studio would eventually become the repository of a treasure of around thirty thousand photographs and twenty-five hundred works on paper, open to all. the public. Emin also announced plans to start a residency program elsewhere in Margate, which has struggled economically in recent decades, although a hint of a possible reversal of fortunes emerged in 2011 with Turner’s establishment. Contemporary there.

Emin, who rose to fame in the 1990s as one of the YBAs, or Young British Artists, is perhaps best known for her Turner Prize. My bed, 1998, a work of art featuring its own undone kip, littered with soiled underwear, empty liquor bottles and condom wrappers. Following a cancer diagnosis and the life-saving surgery that left her with a urostomy bag, well documented in his art, Emin began working to preserve his legacy and energize his hometown. Some of the benefits the neighborhood enjoys through the Tracey Emin Foundation include a sculpture park, lectures, and life-drawing classes, all of which are accessible to the general public.

ALL IMAGES


Source link

]]>
Johnny Depp returns to form in poignant tale of industrial pollution https://photobolsillo.com/johnny-depp-returns-to-form-in-poignant-tale-of-industrial-pollution/ Wed, 05 Jan 2022 22:12:00 +0000 https://photobolsillo.com/johnny-depp-returns-to-form-in-poignant-tale-of-industrial-pollution/ Minamata tells the true and poignant story of a famous photographer’s talk about mercury poisoning in a Japanese fishing village. Thousands of people, including children, have been killed, disfigured and permanently disabled due to serious neurological problems. Johnny Depp returns to the peak of his acting form as Eugene Smith, the Life photojournalist who brought […]]]>

Minamata tells the true and poignant story of a famous photographer’s talk about mercury poisoning in a Japanese fishing village. Thousands of people, including children, have been killed, disfigured and permanently disabled due to serious neurological problems. Johnny Depp returns to the peak of his acting form as Eugene Smith, the Life photojournalist who brought the tragedy to the public at the risk of his life. Minamata portrays the ruthless greed of corporate profits over the sanctity of human life. And how the company has used the principles of Japanese culture to shame and suppress suffering.

In 1971, in New York, Gene Smith (Johnny Depp) was broke, on the verge of deportation and drowned his problems in alcohol. He mocked Life editor Robert Hayes (Bill Nighy) for turning a valuable magazine into commercial nonsense. Hayes respected Smith’s brilliant photographic work but had no room for his drunken antics. Smith’s descent into oblivion comes to an abrupt halt after a visit from a Japanese translator, Aileen Mioko (Minami), and her colleague, Tatsuo Matsumura (Tadanobu Asano).

MOVIEWEB VIDEO OF THE DAY

The couple bring news clippings about the Japanese fishing village of Minamata. Residents were plagued with varying levels of mercury poisoning. Chisso, a powerful chemical company, had been dumping toxic waste into the nearby ocean for years. Gene Smith convinces Robert Hayes to send him to Japan. A stranger in a strange land, he is deeply affected by the plight of the villagers. Their disfigured bodies, their trembling limbs and their almost catatonic children urge him to act. He painstakingly photographs Minamata, but quickly finds himself on the radar of Chisso’s ruthless CEO (Jun Kunimara).

We see events in Minamata from Gene Smith’s perspective. Aileen guides him through cultural differences, but he truly is the proverbial fish out of the water. Smith is shocked by the state of the residents. Every family had been touched, but only a few spoke or allowed themselves to be photographed. They were embarrassed to face their attackers. The film tackles this problem with a skillful hand. Smith had to gain the trust of the villagers to become their champion.

Andrew Levitas, producer of over a dozen independent films, is writer and director of Minamata. He and award-winning French cinematographer Benoît Delhomme (The Proposal, The Theory of Everything) use different artistic tools to show Eugene Smith’s journey. He shot exclusively in austere black and white. Filmmakers use stills and 16MM handheld cameras to envelop audiences. The change in format and filmstrip gives Minamata a guerrilla approach at key points. You feel the struggle of the characters between David and Goliath. It’s a constant reminder of cruel evil, oppressive tactics, and Chisso’s blatant disregard for anything but money.

Johnny Depp’s personal life has been the fodder of the tabloids for years. It’s great to see him back on screen as a captivating lead actor. Eugene Smith had an interesting personality. He was an extremely talented photographer, but he had given up on a meaningful life. Depp plays the character through a spectrum of achievement. Smith finds a goal and a partner in Aileen. The role also has a physical aspect which becomes progressively more important. Chisso does not hesitate to resort to violence.

Industrial pollution wreaks havoc on the environment and affects life. Minamata disease is a glaring example of the worst-case scenario, and the unfortunate efforts innocent people must make to maintain healthy communities. This event happened fifty years ago at a time when it took an intrepid photographer to sound the alarm bells. There is no excuse in the modern world of instant information and documentation. Yet polluting companies persist with very little recourse from governments. Minamata is a production of Ingenious and Metalwork Pictures. It is currently in limited theatrical release from HanWay Films.


Adrien martinez
Renfield: new plot details revealed as Adrian Martinez joins the cast

Chris McKay’s Renfield will follow Nicholas Hoult as Dracula’s henchman and Adrian Martinez has just stepped into the cast in a supporting role.

Read more


About the Author


Source link

]]>
Moline veteran seeks to dethrone King in Congressional 17th District ethics complaint https://photobolsillo.com/moline-veteran-seeks-to-dethrone-king-in-congressional-17th-district-ethics-complaint/ Tue, 04 Jan 2022 17:50:17 +0000 https://photobolsillo.com/moline-veteran-seeks-to-dethrone-king-in-congressional-17th-district-ethics-complaint/ Illinois Republican congressional candidate Esther Joy King is the subject of an ethics complaint, claiming she apparently violated Department of Defense guidelines by wearing her military uniform in several campaign ads. Under Ministry of Defense guidelines, members of the armed forces are prohibited from acting in a manner “which could reasonably result in the inference […]]]>

Illinois Republican congressional candidate Esther Joy King is the subject of an ethics complaint, claiming she apparently violated Department of Defense guidelines by wearing her military uniform in several campaign ads.

Under Ministry of Defense guidelines, members of the armed forces are prohibited from acting in a manner “which could reasonably result in the inference or appearance of sponsorship, endorsement or endorsement. official approval “.

However, that did not stop Esther Joy King from appearing in her military uniform in campaign ads and potentially violating ethical conduct in the process, according to Jim Garbett de Moline, a U.S. Army Reserve veteran. and the National Guard, which recently filed the complaint.

“You have the right to freedom of expression, but you don’t market your uniform,” he said. “I have a lot of respect for the military, but you don’t wear your uniform and you don’t say ‘combat ready’ in an advertisement. For me, that crossed a line. I think it is wrong to advertise in uniform.

King served as a JAG officer for the U.S. Army Reserve.

King, of East Moline, is a Republican candidate for Illinois’ 17th Congressional District (to be released after this year by five-term MP Cheri Bustos) and a member of the U.S. Army Reserve.

Garbett wrote in his complaint that over the past 18 months, King has frequently used his Army Reserve position to promote his candidacy for political office. He noted five campaign ads for King in which she wears her uniform, including four from the 2020 election cycle, when she lost to outgoing U.S. Rep. Cheri Bustos, D-Moline.

“These actions are clear and consistent violations of Department of Defense policy which prohibits candidates for political office from appearing in uniform when engaging in political activity,” Garbett wrote.

He cited DOD Directive 1344.10, which states that a member of the armed forces may “not otherwise act in a manner which could reasonably result in the inference or appearance of sponsorship, endorsement or official approval.

“These actions by King are clearly inappropriate attempts to use his position in the Army Reserve to promote his candidacy for political office, although they are expressly prohibited by Department of Defense rules,” a- he writes. “I urge the Defense Ministry to take action to correct this blatant violation of its rules.”

Garbett, 76, served six years in the Army in the Vietnam War from 1968 to 1974.

King campaign responses

Emily Tuttle, King’s campaign manager, made the following statement on Tuesday regarding the complaint:

“As a member of the military, Esther sees it as her duty to maintain high standards. Throughout the campaign, she consulted with her ethics officer, her army commander, her legal advisor and members of Congress who also serve in the Reserves, ”Tuttle said.

King ran unsuccessfully in Congress in 2020 against outgoing U.S. Rep. Cheri Bustos.

“Fortunately, Esther, as an officer of the JAG, has read the entire Defense Ministry directive regarding the political activities of non-active members of the armed forces. This directive allows the use of military ranks, affiliations, videos and photographs with appropriate disclaimers, ”she said, noting that in every ad the disclaimer is displayed. “This complaint is a desperate and baseless political coup. “

The DOD directive states that any military information included in the campaign for political office “must be accompanied by a prominent and clearly displayed warning that neither military information nor photographs imply Department of Defense approval. or their particular military department (or the Ministry of Defense). Homeland Security for Coast Guard Members).

For example, such a disclaimer would say, “John Doe is a member of the Army National Guard. The use of his military rank, job titles and photographs in uniform does not imply the approval of the Ministry of the Army or the Ministry of Defense.

King received his JD and Masters in Tax Law from Northwestern Law School and began his legal career as a partner with Kirkland & Ellis in Chicago. She then served the State of Illinois on the Bureau of Entrepreneurship, Innovation and Technology.

King’s current campaign website does not include a video on the homepage, noting that it is not available. His online campaign biography says:

“Esther Joy King is a battle-ready leader with a heart to serve. Esther’s training as an attorney and captain in the Army Reserve makes her ready to get things done for us in Congress, from day one.

“She learned the value of service from her parents who were missionaries on the US-Mexico border in Juarez. Even though her family didn’t have much, she was generous to those less fortunate. It was as she grew up in this life of ministry that Esther learned the values ​​of faith, family, and tireless sacrifice for others, ”the site says.

King lost to Bustos in November 2020 by a 52-48% margin. She and Republican Charlie Helmick are seeking the GOP nomination to run in November 2022, and so far six Democrats have announced their campaigns for the party’s nomination in the 17th arrondissement.


Source link

]]>
When can you use a drone to take photos in South Africa https://photobolsillo.com/when-can-you-use-a-drone-to-take-photos-in-south-africa/ Sat, 01 Jan 2022 13:06:34 +0000 https://photobolsillo.com/when-can-you-use-a-drone-to-take-photos-in-south-africa/ Wright Rose Innes law firm recently dealt with a wedding photographer who wanted to use a drone in his job. While drones can obviously be used for photography in South Africa in some cases, the answer isn’t always black and white, the company said. “Yes, you can use a drone, but there are conditions. The […]]]>

Wright Rose Innes law firm recently dealt with a wedding photographer who wanted to use a drone in his job.

While drones can obviously be used for photography in South Africa in some cases, the answer isn’t always black and white, the company said.

“Yes, you can use a drone, but there are conditions. The South African Civil Aviation Authority (SACAA) through Part 101 of the Civil Aviation Regulations governs the use of remotely piloted aircraft systems (RPAS) such as drones. These amended regulations were introduced in 2015 and the regulations include limitations for the use of private drones, ”he said.

Some of the main limitations include:

  • A drone cannot fly within 10 km of an aerodome;
  • The drone must not weigh more than 7 kg;
  • Drones cannot fly within 50 meters of people or any structure or building, unless specifically authorized to fly over the property;
  • Drones must fly within the operator’s field of view, unless they are operated by the holder of an RPAS Operator Certificate (ROC);
  • Drones can only fly during the day.

“Once a person wishes to use a drone for commercial purposes such as public photography, such person will need to obtain an ROC.

“A ROC is issued by the SACAA and is valid for 12 months. The holder of an ROC is authorized, with the authorization of the director of the SACAA, to operate the drone at night or within 50 meters of people or property.

The holder of an ROC is, however, required to have adequate liability insurance to deal with damage resulting from the use of the drone, the company said.

“Imagine a sudden power failure or a bird strike causing the drone to fall on a person or property. Drones should also be used in good weather conditions and the operator should not operate a drone carelessly or recklessly.

“So you can use a drone to take photos or videos at a wedding and since this is for commercial use, it is advisable to get an ROC and comply with the regulations.”

Wright Rose Innes noted that regardless of the nature of your drone use, you should avoid violating or invading the privacy of others or taking photos or video footage without the necessary consent, as this could also immerse you in hot water.


Read: South Africa’s new cybercrime laws have been partially introduced – here’s what comes next


Source link

]]>
Alamo Bowl Competitors Collaborate on Redfish Research https://photobolsillo.com/alamo-bowl-competitors-collaborate-on-redfish-research/ Wed, 29 Dec 2021 01:47:03 +0000 https://photobolsillo.com/alamo-bowl-competitors-collaborate-on-redfish-research/ PORTLAND, Ore. (KOIN) – The University of Oregon and the University of Oklahoma prepare to face off in the Alamo Bowl on Wednesday, but at a research site in Alaska the two universities have been working together in the hand . University of Oregon archaeologist and professor emeritus Madonna Moss and Brian Kemp of the […]]]>

PORTLAND, Ore. (KOIN) – The University of Oregon and the University of Oklahoma prepare to face off in the Alamo Bowl on Wednesday, but at a research site in Alaska the two universities have been working together in the hand .

University of Oregon archaeologist and professor emeritus Madonna Moss and Brian Kemp of the University of Oklahoma are conducting research at a place called Coffman Cove on Prince of Wales Island in Alaska. Together, they work to identify ancient species of rockfish found at the sites of an ancient Tlingit village.

Moss said people lived there 5,000 years ago and that some of the bones they collect are several thousand years old. This means that many bones deteriorated, making it difficult to know what specific species of fish the tribe was eating.

“You will see some of the photographs of these bones which look like pieces and which are very small. They’re little pieces of bone, ”Moss described.

But with the technology available, researchers like Kemp can still determine the species. He directs the Laboratory of Molecular Anthropology and Microbiome Research at the University of Oklahoma. He and his team can take fragmented DNA samples, sequence them and compare them to contemporary redfish species.

The results gave Moss and Kemp a better understanding of how the Tlingit fished.

For example, some species of rockfish found at the site live in deep water, meaning that thousands of years ago the tribe used longline fishing methods to catch them.

Moss said they could have made these long lines from kelp stems or cedar rope.

“To have a line 50 meters long is a huge amount of work just to make the line and it doesn’t even talk about the hooks and boats, but just the fishing lines themselves to reach the water fish. deep is a pretty incredible achievement, “she said.

DNA assessments surprised Moss and Kemp in other ways. Some species are not abundantly local in the area near Coffman Cove, indicating that some rockfish species may have migrated due to environmental factors.

Three of the species they found are highly K-selective, meaning they grow slowly, mature late, and live long lives. Some can live for more than 200 years, Moss said. These characteristics make the species vulnerable to overexploitation by commercial fishing operations.

There are approximately 100 species of rockfish in the North Pacific Ocean. Moss and Kemp’s research identified eight species from Coffman Cove.

She said rockfish are an interesting genus to study because some of them live so long. She said she was excited to be working soon on another project with molecular anthropologist Courtney Hoffman of the University of Oklahoma, who plans to study the genomes and longevity traits of some of the fishbones found. at Coffman Cove.

Moss said this could be valuable information for humans, who are looking for ways to live longer.

“If you want to live to 200 years, your system has to be ready to repair DNA in a different way than rockfish that lives 11 years,” she said. “So they’re looking at the actual genes that determine those long lifespans. ”

Moss said the importance of the research she and Kemp is currently conducting at Coffman Cove may not be fully appreciated now, but it could prove useful to others in the future, when the humans will know more about rockfish.

For now, Moss looks forward to continuing his research on rockfish and other fish and animals in the Pacific Ocean. If the Ducks lose the Alamo Bowl, Moss said that wouldn’t be what ends his collaboration with the University of Oklahoma.

“As for the Oklahoma Sooners and the U of O Ducks, I’m a very loyal fan of the Ducks, but not to the point of jeopardizing my relationship with my colleagues at the University of Oklahoma,” he said. she declared.

The University of Oregon said Moss and Kemp will publish their findings in an article in the journal Archaeological and Anthropological Sciences.

The Oregon Ducks take on the University of Oklahoma Sooners at the Alamo Bowl on Wednesday, Dec. 29 at 6:15 p.m.


Source link

]]>
🌱 RI nonprofits get $ 5.4 million in relief + theft from Family Dollar https://photobolsillo.com/%f0%9f%8c%b1-ri-nonprofits-get-5-4-million-in-relief-theft-from-family-dollar/ Sun, 26 Dec 2021 21:42:36 +0000 https://photobolsillo.com/%f0%9f%8c%b1-ri-nonprofits-get-5-4-million-in-relief-theft-from-family-dollar/ Welcome back, Providence! Here’s everything you need to know to get a good start on Monday. First of all, the weather forecast for the day: Partly sunny. High: 36 Low: 28. Here are the top 3 stories in Providence today: More than 160 Rhode Island nonprofits share $ 5.4 million in federal coronavirus relief funding, […]]]>

Welcome back, Providence! Here’s everything you need to know to get a good start on Monday.


First of all, the weather forecast for the day:

Partly sunny. High: 36 Low: 28.


Here are the top 3 stories in Providence today:

  1. More than 160 Rhode Island nonprofits share $ 5.4 million in federal coronavirus relief funding, announced the Rhode Island Foundation. The funds will go towards housing, behavioral health services, health care, job training, pantries and child care for those hardest hit by the pandemic. The Clínica Esperanza / Hope Clinic in Providence is one of the lucky recipients of the grant. (The Chronicle of the Sun)
  2. Providence Police are investigating a Christmas Eve theft report at a Family Dollar store. A store clerk reported that the suspect approached the cashier to buy Christmas cards, before reaching over the counter to grab the cash from the cash register and threatening to kill the clerk if she did. was trying to stop him. Another male employee reportedly attempted to intervene. At that time, that employee said the theft suspect also threatened to shoot him. The two clerks said they didn’t actually see a gun on the suspect, who then fled the store with around $ 700 from the cash register. (GoLocalProv)
  3. North Providence Police are looking for help in locating 15-year-old Jules Lopes. Lopes was last seen on Thursday, December 16 wearing a red sweatshirt, blue jeans, and black and red Jordan sneakers; he also wore a gray backpack and wore a gold necklace with a scorpion medallion. Anyone with information is encouraged to call Detective Luis Rivera directly at 401-231-4533 ext. 1135. (WJAR)

today Providence Daily is brought to you in part by Newrez, one of the nation’s leading mortgage lenders. Make the right choice for your future and refinance with Newrez today. Call 844-979-1707 to get in touch with a Newrez loan officer. Newrez, LLC (NMLS # 3013)

  • It’s the season to improve river habitats! Rrecycle your Christmas tree and help improve Rhode Island’s rivers. (Facebook)
  • Looking for get vaccinated against COVID in East Providence? Check the next clinics in the city until February. (Facebook)
  • Two hour free parkingg will be available in designated business districts in all Providence until dec. 31. (Twitter)

More from our sponsors – thank you for supporting the local news!

Featured companies:

Events:


Do you like Providence on a daily basis? Here are all the ways you can get more involved:

  • Send this link to a friend or neighbor so they can subscribe
  • Get your local business listed in front of readers

Please follow and stay informed. See you tomorrow for another update!

Miranda Fraraccio

About me: Miranda Fraraccio is a born and raised Rhode Islander. She works as a freelance writer for content agency Lightning Media Partners and as a production assistant for a live storytelling show in Chicago. She holds a degree in Writing, Rhetoric and Communication from the University of Rhode Island. In her spare time, you can find her traveling, hiking, or photographing her neighborhood as a street photographer.



Source link

]]>
FIAC parent company accused Grand Palais of attempting “hostile eviction attempt” from rival art fair https://photobolsillo.com/fiac-parent-company-accused-grand-palais-of-attempting-hostile-eviction-attempt-from-rival-art-fair/ Thu, 23 Dec 2021 13:07:06 +0000 https://photobolsillo.com/fiac-parent-company-accused-grand-palais-of-attempting-hostile-eviction-attempt-from-rival-art-fair/ FIAC’s parent company accused the Grand Palais of orchestrating a concerted campaign to oust the art fair from its long-standing home by issuing a surprise call inviting competing bids for its usual fall time slot. On December 8, the Grand Palais launched a call for applications to organize an unnamed “international contemporary art event” in […]]]>

FIAC’s parent company accused the Grand Palais of orchestrating a concerted campaign to oust the art fair from its long-standing home by issuing a surprise call inviting competing bids for its usual fall time slot.

On December 8, the Grand Palais launched a call for applications to organize an unnamed “international contemporary art event” in October and a “photography event” in November, when the Parisian art fairs FIAC and Paris Photo usually take place every year, according to a report in The world. The call, which invited proposals to occupy the building for up to seven years, set a deadline of December 31, blind RX France, owner of the two salons.

RX France disputes the merits of the process, claiming to have received two written commitments on the fairs of the RMN-Grand Palais, the public establishment that owns the fine arts building, in 2019 and 2021. The FIAC should take place at the Grand Palais Éphémère, the temporary structure erected during the construction of the original building, from October 20 to 23, 2022, before Paris Photo from November 10 to 13.

RX France CEO Michel Vilair said he wrote to the French Culture Ministry to assert his prior rights. An angry Vilair accused the Grand Palais of having rigged the process “to meet the needs of a rival candidate, who clearly wants to take over the dates and the clientele of the FIAC and Paris Photo”.

Chris Dercon, director of the RMN-Grand Palais, told the French newspaper he had received “another competing expression of interest”, adding that he might have to “rethink new exhibits, be ambitious, curious and open to ‘spirit”.

The open call stipulates that the proposals will be judged on the quality, ambition, their links with the cultural ecosystem and the Parisian industries, as well as the quality of the artistic direction.

Given the tight deadline for proposals to be made before December 31, the deadline runs counter to RX France’s calls to review the process. The timing is even worse given that Paris Photo and FIAC are currently undergoing a restructuring process, which would see their management merge with RX to cut 235 jobs out of a total of 600.

“It is obvious that the third party in question has been preparing its hostile deportation attempt for many months,” said Michel Vilair. “Such a project cannot be prepared at the last moment… The call for projects from the RMN-Grand Palais leaves us only a few days before Christmas to build a project over seven years!

Anne-Claudie Coric, director of the Templon Gallery was shocked to read the call for candidatures in the press because, for her, the FIAC and the Grand Palais are intrinsically linked: “Over the past decade, the FIAC, the French merchants and the Parisian art scene like all have all played an active role in replacing Paris as the leading cultural capital in Europe, ”she told Artnet News by email. “We of course hope that the FIAC will stay at the Grand Palais. It is part of its DNA and the FIAC is part of the identity of the French art market and contemporary creation. It’s more than just a commercial art fair, ”she added.

A decision on all offers received must be made by January 10, 2022, leaving whoever wins just nine and a half months to set up an international art fair to compete with FIAC and Paris Photo. Artnet News did not immediately receive a response from some of the more obvious candidates; Endeavor, which runs Frieze London and Los Angeles, and MCH Group, which oversees the Art Basel franchise. Artnet News’ requests for comment from RX France and RMN-Grand Palais were not immediately returned.

Follow Artnet News on Facebook:


Want to stay ahead of the art world? Subscribe to our newsletter to get the latest news, eye-opening interviews and cutting-edge reviews that keep the conversation going.


Source link

]]>
Trump’s PSPC investors don’t know what they’re buying https://photobolsillo.com/trumps-pspc-investors-dont-know-what-theyre-buying/ Tue, 21 Dec 2021 14:29:22 +0000 https://photobolsillo.com/trumps-pspc-investors-dont-know-what-theyre-buying/ Donald Trump speaks at a Save America rally at the Iowa State Fairgrounds in Des Moines on October 9, 2021. (Photographer: Dan Brouillette / Bloomberg) © 2021 Bloomberg Finance LP Donald Trump’s new venture, which aims to launch a rival on Twitter, made several important announcements this month. First, the company said it made deals […]]]>

Donald Trump’s new venture, which aims to launch a rival on Twitter, made several important announcements this month. First, the company said it made deals to raise $ 1 billion in cash. Second, he admitted that he was under investigation by the Securities and Exchange Commission. Third, he revealed that Devin Nunes, a staunch ally of Trump in the House of Representatives, would be leaving Congress to become his chief executive.

Investors have reacted with some caution, but more enthusiasm. On December 6, stocks fell 3%, possibly in response to the announcement of the SEC investigation, which Senator Elizabeth Warren had suggested the committee consider. The next day, the stock jumped 17%, with Trump fans appearing to focus on injecting cash and new hires. “Go away Pocahontas!” One tweeted, borrowing the nickname Trump from the senator. “You have no power here!” Shares climbed another 28% the next day, before finally falling to the current $ 51. Overall, since the announcement, they are up 13%.

Small investors who raise prices don’t know what they are buying. Of course, they understand that they are investing in a specialized acquisition company, or a SAVS, rather than in a traditional company. Traders still cannot buy shares of Trump’s company, the Trump Media and Technology Group. Instead, they have to acquire shares in a SPAC – essentially just a bunch of cash – with the understanding that it will merge with Trump’s group and therefore give them a stake in the combined entity. But they have no idea how many shares will exist in the company after the merger, which means they don’t know what percentage of the company they are actually buying.

PSPCs often come with tricks and surprises that can hurt retail investors, but this particular PSPC has additional pitfalls. Current owners of Trump Media and Technology Group will receive between 86 million and 126 million shares as part of the merger. In addition, institutional investors who have just agreed to inject $ 1 billion into the company will get around 30 to 100 million shares. In total, this means that there are 110 million shares that may or may not be part of the company. It’s a bad setup for little guys. If the stock goes well, the current owners of Trump’s business will receive more stock. If the stock is doing badly, big investors will get more. Whichever direction you take, the family shareholders will eventually become diluted, leaving them with a smaller percentage of the combined business.

Nonetheless, they are winning stocks, with an enthusiasm that seems to be motivated as much by political passion as by financial analysis. “It’s not just a SPAC,” said one investor on Twitter. “It’s to take back our freedom of expression. If there is ever a chance for a group to beat the shorts, the Patriots will.

But these self-proclaimed patriots may be on the verge of losing a fortune.

Ebeginning this month, As Trump fans flocked to public exchanges to buy a slice of Trump SPAC for $ 45 a share, a separate group of investors were closing a billion-dollar behind-the-scenes deal that would allow them to ‘buy at a very advantageous price. The identity of these lucky investors remains a mystery, but we do know a few details. There are 36 of them, and they are all referred to as banks, savings and loan associations, insurance companies, registered investment firms, investment advisers, or people with assets of at least $ 50 million. To keep things simple, we’ll call them whales.

At first glance, their entry seemed like good news for everyone. Social media businesses are expensive to run – Twitter budgeted between $ 900 million and $ 950 million in capital spending this year. Before the Whales agreed to invest $ 1 billion in the new venture, the Trump group was only due to receive around $ 280 million from the PSPC merging with it. “Puff money,” as stock analyst Mark Zgutowicz of Rosenblatt Securities called it. The new cash should give Trump’s group a better chance of creating a credible competitor.

Retail investors applauded the news, boosting PSPC stock and therefore the implied value of the entire company. Prior to the announcement, PSPC’s stakeholders had estimated capital of $ 1.9 billion. That’s $ 2.1 billion, an increase of $ 240 million. By the end of the merger, the owners of the Trump Media and Technology Group are expected to receive around 86 million shares, which once appeared to be worth $ 3.9 billion, but now appear to be worth $ 4.3 billion. Assuming the share price stays at $ 51, that same group will receive an additional 40 million shares, which now equates to $ 2 billion. In addition, the whales that have just bought are able to receive $ 1.7 billion in shares.

Add it all up – the PSPC shares, the warrants, how much Trump’s group will get, plus the shares for new investors – and the whole company is now worth around $ 10.2 billion, if you think about it. trust the current negotiation price. That’s up from $ 7.5 billion earlier this month, before the behind-the-scenes deal went public. Turning a $ 1 billion investment into $ 2.6 billion in shareholder value is a neat trick. The problem, however, is that it may not be sustainable.

When things are going well in the corporate world, insiders often benefit the most. Employees earn bonuses, CEOs get stock awards, and investors get deferred interest. Depending on the size of these perks, they can raise eyebrows. For example, people could challenge, in this case, the multi-billion dollar payment that appears to be coming to the owners of the Trump group. Either way, it still makes sense, in theory, that those intimately involved in growing a business would get disproportionate rewards if things go well.

What doesn’t make sense, however, is when someone is compensated for things that go wrong. Unfortunately for Trump’s PSPC retail investors, this is the kind of deal the whales were able to negotiate. Not only did they receive a discount on the stocks, they also got a deal that protects them – while hurting everyone – if the stock price drops.

Here is how it works. Initially, the whales will receive the equivalent of 29.8 million shares. But if the value of the shares goes down, the number of shares they receive will actually increase. The moves occur in tandem, so as long as the share price is between around $ 16.67 and $ 56, the whales will receive $ 1.67 billion in shares. Since they only invested $ 1 billion in cash, that means they should generate an ROI of around 67%. If the stock price exceeds $ 56, their returns, along with everyone else’s, should rise.

But with such gains at their fingertips, big investors might want to cash in as soon as they can. If they give up on everything immediately, however, the stock price could plunge, as so many stocks will be hitting the market at once, as Bloomberg’s Matt Levine detailed in a column earlier this month. It might torpedo the value of retail traders’ investments, but it wouldn’t do much damage to whales. After all, if the stock drops, they’ll get more stocks to make up for the drop in price. They could then abandon these new actions, causing the price to fall again.

“If this was a normal business,” says Michael Ohlrogge, a New York University law school professor who studies SPAC, “and they said,“ Hey, we’re making new investments. , and these are the terms we give our new investors, ”that would be a terrible sign – and the stock price would almost certainly drop immediately. ”

What do it say the guys with a lot of money being given such favorable terms in the deal with Trump? They could not be reached for comment as their identities remain withheld. But if they were to weigh in, they would probably point out that they have skin in the game, which is true. If the stock price drops below $ 16.67, they won’t be guaranteed a 67% return, and if it drops below $ 10, they could actually lose money. But that seems like a distant possibility at the moment, given that Trump fans are currently buying shares at five times that amount. The whales, in other words, should be fine.

Same thing with the people who organized this masquerade. The man who helped found SPAC, Patrick Orlando, controls a company that has invested $ 11 million in the company and received the right to 6.6 million shares. The latest deal would theoretically put these stocks at risk, just like those owned by retail traders. But the fine print details a special arrangement for Orlando and other insiders, giving them an additional 744,000 shares and warrants, worth about $ 50 million, as part of the deal. In total, Orlando, which did not respond to a list of questions, now holds assets worth an estimated $ 380 million. Not bad for an investment that only cost $ 11 million.

The division of Benchmark Investments that served as an advisor and placement agent, known as EF Hutton, is also well established. He helped PSPC raise its first amount of money, along with two other companies, in exchange for $ 10 million and 144,000 shares. After helping with the new billion dollar injection, EF Hutton will receive an additional $ 25 million, bringing its total transport to around $ 42 million.

The owners of the Trump Media and Technology Group, which presumably includes the former president himself, are in a better position than anyone. With little more than Trump’s name, they managed to strike a deal that will give them up to 126 million shares. But after making the initial merger deal, they still needed to find more money to build a working product. Now, thanks to mystery investors, they will have more than a billion dollars. It would be hard to spend so much money and not start some kind of meaningful business. With the stock currently raging, their interest is now worth around $ 6.4 billion. But even if things turn out badly, they should still come away with a stake of several hundred million. Representatives of the Trump Group did not respond to a request for comment.

The reason all of these groups are in such a good position is that a lot of their risk has been placed on one last class of investors: the regular traders who buy from home. Those who have entered recently, at exorbitant prices, are particularly vulnerable. They don’t even know what percentage of the business is for sale.

And yet Trump fans continue to buy.


Source link

]]>
Woman growing baby in her liver goes viral thanks to TikTok doctor https://photobolsillo.com/woman-growing-baby-in-her-liver-goes-viral-thanks-to-tiktok-doctor/ Mon, 20 Dec 2021 11:56:50 +0000 https://photobolsillo.com/woman-growing-baby-in-her-liver-goes-viral-thanks-to-tiktok-doctor/ Image by Pavel Danilyuk from Pexels Tuesday, December 14, Pediatrician Michael narvey from Manitoba Children’s Hospital Research Institute, Canada, shared a video on TikTok speaking about the rare case of a woman having a baby grow in her liver instead of her uterus. “I thought I saw it all [until] a 33-year-old woman arrives with […]]]>

Tuesday, December 14, Pediatrician Michael narvey from Manitoba Children’s Hospital Research Institute, Canada, shared a video on TikTok speaking about the rare case of a woman having a baby grow in her liver instead of her uterus. “I thought I saw it all [until] a 33-year-old woman arrives with 14 days of menstrual bleeding and 49 days since her last period, ”he said first.

“What they find in the liver is this: a baby. She had an ectopic pregnancy in the liver. They are sometimes seen in the abdomen but never in the liver. This is a first for me, ”continued Dr Narvey in the video. Doctor Karan Raj, another doctor on the app, responded to the initial video with his own catch on the medical record.

Dr Raj explained that it was “one of the scariest CT scans I have ever seen: a 27 year old woman with a healthy 2 week fetus in the right lobe of the liver.” He went on to say that so-called hepatic ectopic pregnancies are so rare that “there are only a handful of documented cases in the literature,” adding that “the liver is a highly vascular structure, so any compressive force exerted on it could cause internal bleeding. “

I already know what some of you are thinking – that this is another story from some famous doctors on TikTok to garner views and likes on the platform. However, although very rare, ectopic pregnancies can indeed occur. According to NHS, an ectopic pregnancy is “when a fertilized egg implants outside the uterus, usually in one of the fallopian tubes.”

“The fallopian tubes are the tubes that connect the ovaries to the uterus. If an egg gets stuck in it, it will not develop into a baby and your health may be at risk if the pregnancy continues, ”her website continues. Talk to The independent, the Mayo Clinic– a nonprofit US academic medical center focused on integrated health care, education and research – confirmed that “such pregnancies cannot proceed normally” and that “the fertilized egg cannot survive , and the growing tissue can cause life-threatening bleeding. , if left untreated. “

While in the case of the anonymous woman, her fetus eventually grew in her liver, the medical center added that an ectopic pregnancy can also take place in “the ovary, the abdominal cavity or the lower part of the body. uterus “.

According to the NHS, the first signs that this type of pregnancy may occur include a missed period and other signs of pregnancy, stomach pain on one side, vaginal bleeding or brown watery discharge, pain at the end of the shoulder and discomfort. while peeing or defecating. “In the UK, around 1 in 90 pregnancies are ectopic. This represents around 11,000 pregnancies per year, ”he explains.

That being said, in a next videoDr Narvey noted that a viewer reported that a baby survived a liver pregnancy in Africa in 2003. In an article titled A miracle baby “grew in the liver” the BBC reported that the baby “was born after specialists performed a difficult operation to deliver it”. Liver specialist Professor Jack Krige, who helped give birth, told a South African newspaper: “She’s the real thing. He really is a miracle baby. The baby and her mother, 20-year-old Ncise Cwayita, are reportedly well after giving birth.

In Cwayita’s case, doctors didn’t find out the baby was growing in the liver until they had a CT scan a week before delivery. Her uterus turned out to be empty, but doctors found a small “window” where the amniotic sac connected to the outside of the liver – this is where they were able to enter to give birth.

They must have left the placenta and the amniotic sac in the liver because the mother’s life would have been in danger. At the time, they were expected to be reabsorbed back into his body.

While this earlier case may seem encouraging compared to the more recent event, Dr Narvey made it clear in his second video that Cwayita’s baby was “not actually in the liver, [it] was attached to the liver.

Woman growing baby in her liver goes viral thanks to TikTok doctor




Source link

]]>
Fashion photography is more about the creativity of the image: Musthaq Thasleem https://photobolsillo.com/fashion-photography-is-more-about-the-creativity-of-the-image-musthaq-thasleem/ Sat, 18 Dec 2021 20:40:34 +0000 https://photobolsillo.com/fashion-photography-is-more-about-the-creativity-of-the-image-musthaq-thasleem/ By Mahika Panditha I don’t know about you guys, but there are days when I scroll down Instagram and see the prettiest images. Actually Happinez came across Musthaq Thasleem – a talented fashion and commercial photographer based here in Colombo, Sri Lanka, who also founded Zeus Visual Studio. You should definitely check them out on […]]]>

By Mahika Panditha

I don’t know about you guys, but there are days when I scroll down Instagram and see the prettiest images. Actually Happinez came across Musthaq Thasleem – a talented fashion and commercial photographer based here in Colombo, Sri Lanka, who also founded Zeus Visual Studio. You should definitely check them out on Instagram, where you will be able to see some familiar faces. We had the chance to chat with Musthaq earlier this week, where he told us, “My only goal is to become one of the best fashion photographers. My passion is to explore new ideas and improve my creativity in order to think in a unique way. I don’t want to say too much about Musthaq, but take a look at our interview with him. You can also check it out on your social media under the usernames @musthaq_thasleem and @zeusvisualstudiolk. Good reading!

What made you decide to take up photography?

When I was 13, I started clicking pictures of nature (birds, trees, etc.) from my father’s reel camera, which had remained unused. It made me want to get into photography. I joined the photography company in school and developed my photography skills. My parents saw how much I loved photography and bought me a DSLR camera (Fujifilm HS30). Subsequently, I officially started photography as a freelance sports photojournalist at the age of 19 at a leading media company in Sri Lanka. Later, I realized that I needed to go beyond sports photojournalism, and I started to become a photojournalist while doing my graduate studies in photography and visual communication. As soon as I graduated from college, I started doing fashion photography for design students and brands, which led me to my current position.

You run your own studio; Zeus Visual Studio. Tell us about it.

Zeus Visual Studio was established in 2019 and is a visual content agency for brands. One of the biggest challenges I have ever faced is that there are many Colombo-based photographers, and most of them are renowned for their work and endorsed by many brands. When starting Zeus Visual Studio it was very difficult to find jobs because it was just launched. However, I have been able to find jobs and brands have applied for work since then as I was able to showcase another side of photography that they appreciated for their brand.

Apart from photography, what do you like to do?

Explore new ideas, play sports, play video games, and hang out with friends.

Where do you hope to see yourself in five years?

One of my main goals in the future is to become an internationally renowned fashion photographer. Regarding my photography career, I would say that I would definitely like to organize my own photography exhibitions, hope to reach international standards and travel the world to work with different people, brands and models. Have the chance to photograph for a leading magazine like Vogue, Bazaar, etc. is something that I would really like to achieve someday in the future.

What is it that people don’t know about you or would be surprised to know?

My passion for creativity and the talent hidden in me.

What advice would you give to aspiring photographers?

Ffashion photography is more about the creativity of the image, which is letting the model interpret an imaginative dreamIn the event that you are shooting for fun and you like the image; be happy, be happy and enjoy your own imageDo what you can with the resources you haveStop worrying about what other photographers are saying about your work (unless you’re asking for feedback) and stop comparing your work to other photographersBy all means, be inspired by others and appreciate their work. Get ideas. But don’t compare yourself. Give yourself time to developThe only photographer you should compare yourself to is you

Photo captions: Musthaq Thasleem


Source link

]]>