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Marking 100 days until the PyeongChang Winter Olympics, the Olympic flame has once again arrived on South Korean soil.Thirty years after the 1998 Seoul Summer Olympics, the flame arrived at Incheon airport to a show of singing, dancing and speeches.South Korea's favorite figure skater and former Olympiad, Kim Yuna and Prime Minister Lee Nak-yon stood side by side to ignite the flame to a ceremonial cauldron and start the Olympic torch relay. 453
Michael Cohen, Donald Trump's former lawyer, pleaded with the American public on Friday to head to the polls and vote against the President and the Republican Party, predicting that if they did not, there would be two or six more years of "craziness.""Listen, here's my recommendation. Grab your family, grab your friends, grab your neighbors, and get to the poll, because if not, you are going to have another two or another six years of this craziness," Cohen told CNN in a brief interview outside of his Manhattan home. "So, make sure you vote. All right?"Cohen's remarks marked his first on-camera comments to the media since he pleaded guilty in August to eight criminal counts.Cohen's lawyer, Lanny Davis, said his client changed his party registration back to Democrat last week. Cohen was a Democrat for years, but changed his official registration to Republican after the 2016 election.Asked about that decision to change his party registration, Cohen told CNN: "I've been Democrat for pretty much my whole entire life. I switched because of a request of the RNC. Couldn't be the vice chair of the RNC and be a Democrat."CNN reported this week that Cohen is now willing to campaign for Democrats -- and against Trump -- in the midterms and the 2020 presidential election. Notably, he is prepared to call out anything he views as lies told by the President, a source with knowledge said."The #MidtermElections2018might be the most important vote in our lifetime," Cohen tweeted over the weekend, adding: "#GetOutAndVote#VoteNovember6th"The 52-year-old has in recent weeks met with investigators from special counsel Robert Mueller's office. On Wednesday, he met with investigators from the New York State Attorney General's office and the Southern District of New York.On Friday, Cohen walked away and ignored CNN's question about his meeting with investigators.In addition to tax evasion and making false statements to banks, Cohen also pleaded guilty in August to campaign finance violations. He said in a courthouse that "in coordination and at the direction of a candidate for federal office" -- Trump -- he kept information that could have harmed the President from becoming public during the 2016 election.Cohen orchestrated a payment to adult film star Stormy Daniels before the 2016 election in an effort to silence her about her alleged affair with Trump. He was also involved in a similar hush agreement related to Karen McDougal, a former Playboy model who also alleges to have had an affair with Trump, who has denied sexual relationships with both of them. 2585
Lumber stocks are at a historic high. We haven't seen these numbers since the 2008 housing boom and then crash. Experts say that's in part because of the housing market and record low mortgage rates.2020, the unprecedented year where nothing goes as expected, has brought us what realtors call a "sellers' market"."There’s plenty of buyers in the marketplace, but not enough supply so what we are seeing is multiple offers happening frequently on mid-price homes. So heavy competition in the marketplace.” Dr. Lawrence Yun, chief economist for the National Association of Realtors, said.The country's largest trade organization has 1.4 million members who help people buy and sell homes. Dr. Yun says the nation's housing market has even surpassed pre-pandemic sales. He attributes a lot of that to low mortgage rates and people realizing that working from home means they need more room.“Because of the strong demand for housing and we have a shortage of homes in the marketplace, so whatever home builders build, they can find a buyer so they build more homes. But one of the constraints is lack of construction workers along with the material cost that goes into construction, such as lumber,” says Dr. Yun, who also pointed out the country's underproduction.“Home builders have been producing below historical average for 10 straight years and the cumulative effect of underproduction is we don’t have sufficient inventory and that is the reason why home prices are rising and we need to build more homes to get into balance,” added Dr. Yun.Which is why, Laura Gonzalez, associate professor of Finance at California State University Long Beach, says we're experiencing a supply and demand situation when it comes to wood.“We just don’t have enough wood,” Gonzalez said. “It's difficult to make it ready and then transport it because of the pandemic. It's not that the industry is changing its just that we have had a shift both in supply and demand.”Gonzalez also says it's the basic equation of high demand meaning lower supply, which sends prices up and stocks soaring. Then there's the factor of where our wood comes from. She says, “We import some of our lumber from Canada both from lumber and other products. If we depend on other nations, we are more susceptible to changes in supply.”So, what comes next?“The issue of supply versus demand is going to correct in two years, but the opportunities for climate finance are ongoing that is not going to finish,” Gonzalez said.Which is why Dr. Yun says home prices will hold firm, and if you're waiting for a ‘burst’ or for prices to decrease, you might be waiting a while.“In future years, mortgage rate will certainly rise and that will choke off some of the demand, but hopefully we have adequate supply so we have a more balanced market condition where prices rise in manageable, 3-4% each year and people will feel comfortable at that rate of price appreciation,” says Dr. Yun.Dr. Yun recommends if you want or need to buy, don't overstretch your budget as the competition is fierce out there. If you want to sell, don't get greedy and overprice because your home will get stuck on the market. It's yet another aspect to this odd year that has brough the unexpected to us all. 3245
Members of the Ottawa Senators were caught on camera slamming one of their coaches while they were in the Phoenix area to face the Arizona Coyotes last week, the Ottawa Sun reported Monday.During the video, Senators players made derogatory comments about an assistant coach during an Uber ride in the Valley. The conversation was being recorded, presumably by the Uber driver and without the knowledge of any of the players.Forward Matt Duchene, defenseman Chris Wideman, center Chris Tierney, defenseman Thomas Chabot, defenseman Dylan DeMelo, forward Colin White and forward Alex Formenton were in the vehicle during the conversation in question. The video lasts a total of five minutes.During the video, the players made comments about Senators assistant coach Martin Raymond, questioning the effectiveness of his coaching and his meetings to discuss strategy. “Do you notice that when he runs the video, if you actually do pay attention, he doesn’t ever teach you anything? He just commentates what’s happening," Wideman said.“Here’s the other thing, too. We don’t change anything, ever. So why do we even have a meeting? I haven’t paid attention in three weeks," Duchene said.In response to the video, the players seen in the video issued the following statement Monday night:"We want to apologize publicly to Marty Raymond, our teammates and coaches for our comments in Phoenix, Arizona on October 29. Our private conversation was recorded without our knowledge or consent. We're passionate about our team, and focusing on growing together. We are grateful for the support of our fans and organization. This is an important learning experience, and we will do better."In addition, Senators head coach Guy Boucher issued the following statement:"Nothing is more important to us during this rebuild than making sure our players and coaches are fully committed to our plan, our values and our system of play. We have every confidence in Marty Raymond's coaching; in the effort and determination of our team; and in the sincerity of our players' apology. We are now treating this as a team matter, and will be making no further comment to the media."The video was posted on YouTube and Twitter last weekend before being removed, but the Ottawa Citizen has since reposted the video. It appears the Uber driver may also be in some trouble, as Rob Khazzam, general manager of Uber Canada, said the following via Twitter on Monday evening:"A video was released by the media today of several Uber passengers being filmed without their consent while having a private discussion during a trip in Phoenix. This is a clear violation of our terms of service and we worked vigorously to investigate this issue. Filming or recording passengers without their consent is totally unacceptable and if reported / detected we will investigate + take action to preserve our communities privacy and integrity. In this specific case, we made efforts to have the video taken down."Warning: This video contains strong language.The Coyotes defeated the Senators 5-1 on Oct. 30. 3148
Many school budgets don't always cover the costs of everything students and teachers need. Fundraisers throughout the year can help, but with many schools learning remotely this fall, school leaders are reimagining how to raise money."This year was even easier because you could be in your pajamas and you could really be with your whole family. Our galas tend to be kind of fancy. We all have dinner and drinks and dancing and all the things we usually do. This year, we flipped all of that on its head and took a little bit of a quirky approach," said Tracey Carson, the Public Information Officer for Mason City Schools in Ohio.Carson says the Mason Schools Foundation Gala normally raises 0,000 each year in order to provide grants for teachers. This year, the gala went virtual in order to raise those crucial funds. Organizers were able to still raise ,000."Fundraisers and things from your PTOs and foundations ending up filing in that gap for all of those things that we find that spark and innovation. That really incredible idea that hasn't yet turned into a big enough priority that it's going to get a line item in a school budget somewhere but will really make a difference," said Carson.A number of school districts say it's still important for schools to hold fundraisers during remote learning."I think in many ways, we’re still working hard to stay connected to our families and to our kids. Whether that's the virtual parent meeting, we have to talk about homework or talk about social emotional wellness with our kids right now, or it's that fundraising activity that pulls us together around an action of some kind," said Kelly Avants, Chief Communication Officer for Clovis Unified School District in California.Avants says it's critical for school communities to build strong relationships with their families during remote learning.Some of the funds being raised will make up for money that was lost when schools shut down in March."With those events that were canceled in the spring and trying to recoup costs for some of our performing arts programs that are already in arrears because they lost money, whether it was about an event that couldn’t be held that usually brings in revenue that funds extras in a program or in general of recouping the expenses they already fronted and then they had to cancel a production or shorten a show run," said Avants.From virtual fun runs to restaurant take out to benefit a local school, educators say any small donations can make a big impact on school campuses. 2541