Showing posts with label resort. Show all posts
Showing posts with label resort. Show all posts

Thursday, December 5, 2013

Weapons of Last Resort: ECB Considers Extreme Crisis Measures


Spiegel Online
December 5, 2013


The European Central Bank wants to spur lending by banks in Southern Europe, but conventional methods have shown little success so far. On Thursday, ECB officials will consider monetary weapons that were previously considered taboo.


From Mario Drahgi’s perspective, the euro zone has already been split for some time. When the head of the powerful European Central Bank looks at the credit markets within the currency union, he sees two worlds. In one of those worlds, the one in which Germany primarily resides, companies and consumers are able to get credit more cheaply and easily than ever before. In the other, mainly Southern European world, it is extremely difficult for small and medium-sized businesses to get affordable loans. Fears are too high among banks that the debtors will default.


For Draghi and many of his colleagues on the ECB Governing Council, this dichotomy is a nightmare. They want to do everything in their power to make sure that companies in the debt-plagued countries also have access to affordable loans — and thus can bring new growth to the ailing economies.


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This article was posted: Thursday, December 5, 2013 at 1:56 pm


Tags: economics









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Weapons of Last Resort: ECB Considers Extreme Crisis Measures

Saturday, November 16, 2013

Whistler ski resort to open 13 days early



One half of North America’s largest ski area will open this weekend, thirteen days ahead of schedule.




Whistler Mountain at Whistler Blackcomb will now open on Saturday, thanks to cold temperatures, intensive snowmaking and heavy snowfall.




Five lifts will be in operation and guests will have the option of uploading from the Whistler Village or Creekside gondolas, with three lifts running higher up the mountain. Blackcomb Mountain will open as scheduled on 28 November.




A statement from Whistler said: “Thanks to oodles of snow, Whistler Mountain will open 13 days early this season. Whistler is renowned, season upon season, for being the number one ski resort for guaranteed snow – lots of it – and this winter will be no exception.”




A number of resorts are already open in North America and Europe, including Obergurgl in Austria, which opened today, and Cairngorm Mountain in Scotland which opened last weekend, its earliest start since 2008.


Read our guide to Whistler


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WHAT REALLY HAPPENED



Whistler ski resort to open 13 days early

Whistler ski resort to open 13 days early

Whistler ski resort to open 13 days early
http://thedailynewsreport.com/wp-content/uploads/2013/11/84bc4__p-89EKCgBk8MZdE.gif



One half of North America’s largest ski area will open this weekend, thirteen days ahead of schedule.




Whistler Mountain at Whistler Blackcomb will now open on Saturday, thanks to cold temperatures, intensive snowmaking and heavy snowfall.




Five lifts will be in operation and guests will have the option of uploading from the Whistler Village or Creekside gondolas, with three lifts running higher up the mountain. Blackcomb Mountain will open as scheduled on 28 November.




A statement from Whistler said: “Thanks to oodles of snow, Whistler Mountain will open 13 days early this season. Whistler is renowned, season upon season, for being the number one ski resort for guaranteed snow – lots of it – and this winter will be no exception.”




A number of resorts are already open in North America and Europe, including Obergurgl in Austria, which opened today, and Cairngorm Mountain in Scotland which opened last weekend, its earliest start since 2008.


Read our guide to Whistler


Sign up to the Telegraph Ski and Snowboard newsletter





WHAT REALLY HAPPENED




Read more about Whistler ski resort to open 13 days early and other interesting subjects concerning The Edge at TheDailyNewsReport.com

Monday, August 12, 2013

Sinkhole causes resort villa to partially collapse







A building at the Summer Bay Resort in Clermont, Fla, shows damage from collapsing into a sinkhole early Monday Aug. 12, 2013. No injuries or victims and all emergency responders were safe and uninjured. All guests that were rescued are being moved to a different building on the property. (AP Photo/Alma Rodriquez)





A building at the Summer Bay Resort in Clermont, Fla, shows damage from collapsing into a sinkhole early Monday Aug. 12, 2013. No injuries or victims and all emergency responders were safe and uninjured. All guests that were rescued are being moved to a different building on the property. (AP Photo/Alma Rodriquez)





In this video frame grab image taken from WFTV television, police officers look on a hotel building, center, after its foundation cracked in Clemont, Fl., early Monday, Aug. 12, 2013. Authorities in Central Florida said the hotel near Disney World was evacuated after the foundation cracked, causing the foundation to sink. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT





In this video frame grab image taken from WFTV television, police officers look on a hotel building after its foundation cracked in Clermont, Fl., early Monday, Aug. 12, 2013. A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said. About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT





In this video frame grab image taken from WFTV television, a car is parked in front of a partially collapsed hotel building after its foundation cracked in Clermont, Fl., early Monday, Aug. 12, 2013. A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said. About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT













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(AP) — A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said.


About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. The villa at the Summer Bay Resort had already been evacuated and no injuries were reported.


Cuellar said authorities were also concerned about another section of the villa, which was sinking.


The sinkhole, which is in the middle of the villa, is about 40 to 50 feet in diameter, Cuellar said. He said authorities think it was getting deeper but couldn’t tell early Monday if it was growing outward.


The villa houses 24 units and about 20 people were staying in it at the time, Cuellar said.


Authorities were called to the scene, about 10 miles west of Disney World, late Sunday where they found that the building was making popping sounds and windows were breaking.


A nearby villa was also evacuated as a precaution, Cuellar said.


Cuellar said there was a gas leak but the gas has since been shut off.


Witnesses told The Associated Press they could hear a cracking sound as the villa began sinking. A large crack was visible at the building’s base.


Luis Perez, who was staying at a villa near the sinking one, said he was in his room when the lights went off around 11:30 p.m. He said he was on his way to the front desk to report the outage when he saw firefighters and police outside.


“I started walking toward where they were at and you could see the building leaning and you could see a big crack at the base of the building,” said Perez, 54, of Berona, N.J.


___


Associated Press writer Bernard McGhee in Atlanta contributed to this report.


Associated Press




U.S. Headlines



Sinkhole causes resort villa to partially collapse

Sinkhole causes resort villa to partially collapse








A building at the Summer Bay Resort in Clermont, Fla, shows damage from collapsing into a sinkhole early Monday Aug. 12, 2013. No injuries or victims and all emergency responders were safe and uninjured. All guests that were rescued are being moved to a different building on the property. (AP Photo/Alma Rodriquez)





A building at the Summer Bay Resort in Clermont, Fla, shows damage from collapsing into a sinkhole early Monday Aug. 12, 2013. No injuries or victims and all emergency responders were safe and uninjured. All guests that were rescued are being moved to a different building on the property. (AP Photo/Alma Rodriquez)





In this video frame grab image taken from WFTV television, police officers look on a hotel building, center, after its foundation cracked in Clemont, Fl., early Monday, Aug. 12, 2013. Authorities in Central Florida said the hotel near Disney World was evacuated after the foundation cracked, causing the foundation to sink. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT





In this video frame grab image taken from WFTV television, police officers look on a hotel building after its foundation cracked in Clermont, Fl., early Monday, Aug. 12, 2013. A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said. About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT





In this video frame grab image taken from WFTV television, a car is parked in front of a partially collapsed hotel building after its foundation cracked in Clermont, Fl., early Monday, Aug. 12, 2013. A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said. About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. No injuries were reported. (AP Photo/WFTV/Myrt Price) MANDATORY CREDIT, ORLAND OUT













Buy AP Photo Reprints







(AP) — A sinkhole caused a section of a central Florida resort villa to partially collapse early Monday, while another section of the villa was sinking, authorities said.


About 30 percent of the three-story structure collapsed around 3 a.m. Monday, Lake County Fire Rescue Battalion Chief Tony Cuellar said. The villa at the Summer Bay Resort had already been evacuated and no injuries were reported.


Cuellar said authorities were also concerned about another section of the villa, which was sinking.


The sinkhole, which is in the middle of the villa, is about 40 to 50 feet in diameter, Cuellar said. He said authorities think it was getting deeper but couldn’t tell early Monday if it was growing outward.


The villa houses 24 units and about 20 people were staying in it at the time, Cuellar said.


Authorities were called to the scene, about 10 miles west of Disney World, late Sunday where they found that the building was making popping sounds and windows were breaking.


A nearby villa was also evacuated as a precaution, Cuellar said.


Cuellar said there was a gas leak but the gas has since been shut off.


Witnesses told The Associated Press they could hear a cracking sound as the villa began sinking. A large crack was visible at the building’s base.


Luis Perez, who was staying at a villa near the sinking one, said he was in his room when the lights went off around 11:30 p.m. He said he was on his way to the front desk to report the outage when he saw firefighters and police outside.


“I started walking toward where they were at and you could see the building leaning and you could see a big crack at the base of the building,” said Perez, 54, of Berona, N.J.


___


Associated Press writer Bernard McGhee in Atlanta contributed to this report.


Associated Press




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Sinkhole causes resort villa to partially collapse