In conclusion, the passage of the resolution calling for the arrest of President Yoon Suk-yeol has sent shockwaves through South Korean society, triggering a chain of events that have deepened political divisions and heightened tensions. The road ahead is fraught with challenges and uncertainties, but it is imperative that all stakeholders work together to steer the country towards a path of stability, democracy, and justice. The eyes of the world are upon South Korea, and its response to this crisis will shape its future for generations to come.The arrest of President Yoon has also raised questions about the future of South Korea's democracy and the strength of its institutions. While the decision to arrest a sitting president demonstrates the country's commitment to upholding the rule of law and holding those in power accountable, it also highlights the deep-seated issues of corruption and impunity that continue to plague the country's political system.
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Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
Tel-Aviv, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) ("Ellomay” or the "Company”) , a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced that it will hold an extraordinary general meeting of shareholders (the " Meeting ”) at the Company's offices at 18 Rothschild Boulevard, 1st Floor, Tel Aviv 6688121, Israel, on Thursday, January 30, 2025, at 3:00 p.m., Israel time, and thereafter as it may be adjourned or postponed from time to time. The agenda of the Meeting will be to approve the terms of service and compensation of Mr. Ben Sheizaf, the Company's Chairman of the Board. Shareholders of record as of the close of business on December 30, 2024 will be entitled to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail a proxy statement that describes the proposal to be considered at the Meeting and a proxy card on or about December 31, 2024. A proxy statement and proxy card will also be furnished to the Securities and Exchange Commission on Form 6-K on or about December 23, 2024. The resolution to be presented at the Meeting requires the affirmative vote of holders of at least a majority of the ordinary shares voted at the Meeting on the matter presented for passage, in person or by proxy or via the electronic system of the Israel Securities Authority. Eligible shareholders may present proper proposals for inclusion in the Meeting by submitting their proposals to the Company no later than December 30, 2024. Shareholders may vote their ordinary shares by means of a proxy card, which is required to be received by the Company, along with the documentation set forth in the proxy statement, by 11:00 a.m., Israel time, on January 30, 2025 (four hours prior to the Meeting), to be counted for the Meeting, or through the electronic system of the Israel Securities Authority until six hours prior to the Meeting. About Ellomay Capital Ltd. Ellomay is an Israeli based company whose shares are listed on the NYSE American and the Tel Aviv Stock Exchange under the trading symbol "ELLO”. Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel. To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including: Information Relating to Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company's management. All statements, other than statements of historical facts, included in this press release regarding the Company's plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words "estimate,” "project,” "intend,” "expect,” "believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company's forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company's forward-looking statements, including changes in electricity prices and demand, continued war and hostilities in Israel, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company's facilities (such as waste and natural gas) and in the price of oil, the impact of continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company's business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Kalia Rubenbach (Weintraub) CFO Tel: +972 (3) 797-1111 Email: [email protected]For Wendy Tobergte, coffee is similar to bourbon: Both possess unique varieties of flavor profiles, in addition to having strong cult followings. Tobergte is firmly in the enthusiast camp, holding deep regard for the process of importing and roasting specialty coffee beans. She joined forces with her sister Mary Beimesch and niece Liz Elleman, who shared a similar passion for coffee. Beimesch developed an appreciation for it as it became an integral part of her workday as a pharmacist. Beimesch said Liz had always wanted to own and operate her coffee shop. Unfortunately, the timing was never quite right, as Beimesch felt the shop’s demanding business schedule would impact the amount of time they could spend with their family. After retiring from pharmaceuticals in 2023, Beimesch explored the possibility of purchasing a coffee roastery with Elleman and Tobertge. “I came across a coffee roasting business that was for sale in Lexington, and the three of us were looking at it,” she said. “We did not get that business, so we came back, continued our research, and decided we could start up one closer to home and for a lot less money.” Keep up with the latest NKY news with our daily newsletter window.zone_load_857163027 = function(z, d) { if (!d.count) document.getElementById('zone_load_857163027').style.display = 'none'; }; Sign up While they ultimately decided not to purchase the business, the process provided them with the impetus to pursue launching their own roastery. Today, that vision is a reality. “We’re a specialty coffee roaster, and if you want a great cup of coffee, great beans produce great coffee,” Tobergte said. “We have great beans from around the world.” Last Wednesday morning, the trio celebrated the grand opening of Archer Roasters & Co. – a specialty coffee roasting company that sources beans worldwide. The company’s headquarters is at 1720 Petersburg Road in Hebron, inside a renovated landscaping facility. Archer Roasters & Co. is named after Beimesch’s grandson Archer and Tobergte’s grandchildren. Archer & Co. Roasters founders cutting the ribbon to their new business. Photo by Kenton Hornbeck | LINK nky At Archer’s, each of the three founders has a primary specialization: Beimesch works as the head of business, Elleman is the creative director and Tobergte is the master roaster. Tobertge said Archer’s specializes in roasting Arabica beans, a type of bean that accounts for around 60% of the global coffee production, according to the United States International Trade Commission. Arabica beans are commonly grown in the ‘Coffee Belt,’ including Brazil, Ethiopia, Colombia, Guatemala and Nicaragua. To acquire their beans, Archer’s uses Café Imports – an independent Minneapolis-based importer and developer of specialty green coffees worldwide. Archer also possesses some of the most cutting-edge technology in the coffee roasting industry by purchasing an authentic Mill City 3 Kilogram Drum Roaster, which the trio has fondly nicknamed Betty. The roaster can take the fresh, green coffee beans and cook them in different phases. “Betty, our roaster, then roasts the beans until they reach their perfection or their flavor profile,” Tobertge said. “On our bags are all of the professional cupping notes and those are some of the nuances that we try to hit in our coffees by roasting them for a certain time and a certain temperature.” Boone County Judge/Executive Gary Moore, who was present at the ceremony, lauded the trio for taking the risks to start the business. Like Tobergte’s bourbon comparison, Moore likened coffee to tobacco, another one of Kentucky’s specialty industries. “When you think of some of this specialty Kentucky stuff, you think of bourbon,” Moore said. “I grew up on a small tobacco farm, and that was a craft at the time of how to do that better than anybody else in the country – the tobacco industry. But now bourbon, and even more so now here in Boone County: coffee.” In addition to specialty coffee beans, Archer’s also sells teas and hot chocolates – all of which are available for purchase on their website. Before you go.... Can you help us make a difference? The reporters and editors at LINK nky are dedicated to covering Northern Kentucky and providing you with the information you need to be an informed citizen. If you value what you get from LINK nky, please join us with a tax-deductible donation so we can continue doing the local reporting that matters to you. Will you chip in to LINK nky today? YES, I'LL CHIP IN! SUPPORT LOCAL NEWS DONATE“Relentless demand, inadequate supply, surging rents, and growing concerns around affordability make this the most challenging rental environment in Peterborough’s history.” That is just one finding of a housing report released in early December by the United Way Peterborough & District that explores the challenges with securing a place to call home in Peterborough and area. Year-over-year Peterborough’s rental market continues to be tighter and more expensive, notes author Paul Armstrong in the 19th edition of the “Housing is Fundamental” report. The report provides an analysis of Peterborough’s worsening rental market and “underscores the ongoing challenges posed by housing affordability and accessibility,” stated a press release about the document. “Affordability” is defined as spending no more than 30 per cent of total before-tax income on housing. But with the average market rent in the Peterborough area now $1,325, that means a household has to make $53,000 for a rental unit to be “affordable.” The report states this means there’s little, if any, affordable housing for people who have low incomes. A significant portion of renter households are in “core housing need,” with some spending well in excess of 50 per cent of their household incomes on rent, the report found. “Meagre” additions to the Peterborough CMA rental stock in 2023 mean hundreds of units are still required, with the demand for rental units far exceeding supply. Meanwhile, Trent University and Fleming College place a substantial demand on the city’s rental market, the report notes. New immigrants and foreign students to the area require housing. Housing suitable to transition people out of homelessness is also needed. According to the report, the housing and homelessness crisis has been mainly caused by governments withdrawing from providing public housing, leaving it to the for-profit market to provide housing. “Governments will need to return to direct provision of social housing and render additional support for non-profit housing,” the report states. “We need to build more, much more. We need to make it more affordable. And greater density will likely result. All of this calls upon governments to assert a leading role.” The document also points out that the maximum benefit for people receiving Ontario Works is $733 per month, but the average rent in Peterborough in 2023 for the smallest unit — a bachelor — was $877 per month. A single bedroom unit went for $1,173 while a two-bedroom apartment was $1,411, and a three-bedroom unit cost, on average, $1,640. On a broader scale, the Canada-wide vacancy rate was 1.5 per cent as of October 2023, which was a new low, with Peterborough’s vacancy rate standing at one per cent. Recent renter households (43.2 per cent) were also more likely to live in unaffordable housing than existing renter households (30.5 per cent), with unaffordable housing meaning more than 30 per cent of pre-tax household income is spent on shelter costs. “When inadequate supply of rental units produces a one per cent vacancy rate in Peterborough, something has to change,” Amstrong notes. “When housing costs are now the primary driver of inflation and 20 per cent of Canadian rental stock is owned by large capital enterprises, something’s inequitable. When homelessness grows, but social housing builds don’t materialize, something’s unjust. The housing crisis deepens with little indication of relief.” On the other end of the scale, high ownership prices have prevented renter households from making the move to jp,eownership. And, finally, 2023 saw an unprecedented period of multiple converging crises, which included homelessness, housing precarity, food insecurity, income precarity, mental health challenges, and addictions. “Flawed government policy has resulted in profound crises in an otherwise prosperous country,” Armstrong states. “Clearly, the government’s chosen, market-driven model for housing provision and personal security has failed.” To read the report and learn more about the call to action, visit .
At the heart of "Miao Ge" lies the unique gameplay mechanics that blend traditional music theory with modern gaming elements. Players are required to listen carefully to the melodies, decipher the hidden messages within the lyrics, and recreate the chants using a virtual musical instrument. This innovative approach not only tests players' skills in music composition and interpretation but also encourages them to immerse themselves in the beauty and power of ancient songs.