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The Weekly Focus of Currency and Commodities Market (22 May)
The pound has shown extreme weakness due to a No deal Brexit, and a non- desirable interest rate talks after the GBP performed badly in May by losing 4% of its value against the USD and 3% against the EUR.
It sank to a low of $1.2073, making it the third weakest currency, only slightly ahead of the NZD and Norwegian Krome.To get more news about WikiFXx, you can visit wikifx official website.
Analysis
The British pound broke down during the early part of the trading session on Thursday, slipping through the low of the shooting star during the day on Wednesday, and that suggests that we could go lower shorting the pound.
However, we have had a little bit of a bounce back during the trading session and that shows just how resilient and tough the British pound is trying to be.
Keep in mind that this pair is sensitive to the risk appetite of traders around the world, as the Japanese yen is considered to be a “safety currency based on the current pandemic.”
Furthermore, the British pound of course has to deal with the Brexit situation and all of the noise involving the coronavirus numbers in the United Kingdom.
https://wzimg.fx696.com/guoji/2020-05-22/637257598577745041/ART637257598577745041_578766.jpg-wikifx_articlepic
Gold, a safe haven Commodity, dropped sharply in March due to the Pandemic as can be expected.
However, it rallied swiftly in April, trading above the $1700 mark as a result of concerns on COVID-19 fears from Investors.
The gold futures contract gained 0.37% on Wednesday as it continued to fluctuate after reaching new monthly high of $1,775.80 on Monday. It has retraced almost all of its downward correction from April 14 high of $1,788.80. The market is extending over month-long consolidation, as we can see on the Weekly chart:The German Chancellor, Angela Merkel alongside French President Emmanuel Macron have agreed on a €500 billion recovery fund for the EU states worst hit by the COVID-19 pandemic.
Europe‘s response to the economic turmoil brought about by the global coronavirus shutdown is about the EU’s financial unity.
The EUR dropped 3.5% this year to $1.08, close to its lowest level against the USD since May 2017.
According to the European Commission Forecast, the Eurozone may head for the deepest recession in its entire history, with its Economy expected to contract 7.7% this year. Read more...
Plans to restart Canadian economy do not hinge on coronavirus 'immunity' levels
Plans underway to restart the economies of Canadian provinces do not depend on presuming people who become infected with coronavirus develop immunity to it, Canadian Prime Minister Justin Trudeau said on Saturday.To get more news about WikiFX, you can visit wikifx official website.
The World Health Organization said earlier that there was “no evidence” that people who have recovered from COVID-19 and have antibodies are protected from a second infection.
“I don't believe there are any plans that hinge on certain people being immune to COVID-19,” Trudeau said in his daily briefing in Ottawa, adding that provincial plans focus on preventing the spread through social distancing and protective equipment in workplaces.
“(Immunity) is something we need to get clearer answers to and until we have those clear answers, we need to err on the side of more caution.”
In a scientific brief, the United Nations agency warned governments against issuing “immunity passports” or “risk-free certificates” to people who have been infected as their accuracy could not be guaranteed.
New Brunswick is the first Canadian province to begin reopening parts of its economy and Saskatchewan has outlined a plan to start reopening in May.
Trudeau met with provincial premiers on Friday to discuss their restart plans. Measures will differ as infection rates vary among provinces, but require national coordination, he said.
Canada's death toll from COVID-19 rose 7% to 2,350 from a day earlier. Cases reached more than 44,000.
Some 80% of Canada's cases are in Quebec and Ontario, where there are numerous outbreaks in nursing homes.
Even so, a small protest outside the Ontario legislature on Saturday demanded the easing of public health measures.
“It‘s irresponsible, reckless and it’s selfish,” Premier Doug Ford said of the call to loosen restrictions, speaking at a briefing. “It burns me up.”
Such protests have been smaller in Canada than in the United States, where Republican politicians and individuals affiliated with President Donald Trumps re-election campaign are organizing or promoting anti-lockdown protests.
Also Saturday, Trudeau announced funding for the country's fish and seafood processors whose businesses were harmed by the coronavirus pandemic.
The government will provide C$62.5 million ($44.32 million) in financing to buy protective equipment for workers or storage space for products to sell them later. Read more...
US banks make $10 billion processing coronavirus rescue loans
US banks earned $10 billion in two weeks processing the loans from the government scheme to protect small businesses from financial ruin during the coronavirus crisis, according to an NPR report.The rescue plan worth $349 billion offered businesses loans of up to $10 million to thousands of US companies and were guaranteed by the federal Small Business Administration.The banks charged a transaction fee of 5% on loans worth less than $350,000, while on loans worth between $2 million - $10 million, the cost was 1%.The banks defended the massive windfall of loan transaction fees, saying that processing the loans involved complicated vetting procedures.Treasury Department guidelines are less rigorous than for regular loans, and the taxpayer provides the funding, so there is little risk for the banks.Visit Business Insider's homepage for more stories.To get more news about WikiFX, you can visit wikifx official website.
Banks have earned a quick $10 billion processing US government loans to small businesses affected by the coronavirus crisis, according to a new report.The $350 billion rescue program aims to funnel cash to small businesses distressed by the economic blows of the COVID-19 crisis.In two weeks, banks including JP Morgan, Bank of America, and PNC Bank vetted thousands of applications for federal loans of up to $10 million. Transaction charges start at 5% for loans under $350,000, reducing to 1% for loans between $2 and $10 million, according to NPR.The loans are guaranteed by the government, and the guidelines issued by the Treasury Department indicate that they require less vetting than regular loans. There is no risk to the banks which are merely the middlemen.
The banks have defended the costs, arguing the vetting process for each loan can still be complex. In an email statement seen by NPR, Bank of America said the program included “collecting, personally examining, and storing data” that is required for each application.One example highlighted by NPR was on April 7, when the parent company of Ruth's Chris Steak House, RCSH Operations LLC, received a loan of $10 million. JPMorgan Chase & Co., took a $100,000 fee on the one-time transaction for which it assumed no risk.The scheme, known as the Payment Protection Program (PPP), exhausted its funds last week. Aimed at small businesses with less than 500 employees, it was hit with controversy as larger companies exploited loopholes to tap into it.
Some large, well-funded companies were granted millions of dollars from the $350 billion pool of funding, while many small, mom-and-pop shops were unable to access any funding at all, sparking public outrage.The initial PPP funding was snapped up in less than two weeks. Congress has now approved an additional $310 billion and new loans will be issued again starting next week. Read more...
$128,000 lottery ticket purchased moments before cutoff time
A Nebraska woman who scored a $128,000 lottery jackpot said she almost missed out on her prize due to the deadline for buying tickets.Get more news about https://www.nb68.com,you can vist nb68.com
Stacey Elmborg of Omaha told Nebraska Lottery officials she arrived at the Baker's supermarket at Lakeside Hills Plaza only minutes before the 9 p.m. deadline to buy her ticket for the Aug. 8 Nebraska Pick 5 drawing.Elmborg said she went to the customer service counter and was concerned she was going to miss the deadline when she found there was no clerk at the counter.
The clerk, who was helping another customer bag their groceries, arrived just in time to help Elmborg buy her ticket.
Elmborg's ticket, bearing the family birthday numbers 9-14-17-19-22, turned out to be a $128,000 winner.
The winner said she plans to use her winnings to move into a new place with her son.
There’s another lucky lottery winner in Western New York.
A winning Take Five ticket worth more than $31-thousand dollars was sold at the Tops Market at 800 Harlem Road earlier this week.
This comes after a three-million-dollar Mega Millions ticket was sold at the Corner Market in Buffalo. Read more...
A North Carolina man has won the biggest single-ticket jackpot in the state's history, a $344.6 million Powerball prize, using numbers found in a fortune cookie. "I never expected to win. I just got lucky," says Raleigh retiree Charles W. Jackson Jr., who's played the same five numbers in Powerball and Mega Millions, sometimes altering the sixth, ever since they appeared in a fortune cookie given to his young stepdaughter two years ago, reports the News & Observer. WRAL, however, reports the cookie was given to his granddaughter at a Vietnamese restaurant.Get more news about 牛博棋牌包网,you can vist nb68.com
Following Saturday's draw, the 66-year-old had no idea how much he'd won because he doesn't watch the news. He opted for a lump-sum payout of $233 million, or $158 million after taxes. "I hope it don't change me a lot," he says, adding, "I'm still going to wear jeans—maybe newer ones." He'll give $1 million to his brother—they agreed to such a deal if either of them ever won a big prize, per WRAL—and also plans to donate to the Wounded Warrior Project, Shriners Hospital for Children, and St. Jude Children's Research Hospital. As for fun, he and his wife may travel to her native country of Vietnam. Read more...
Couple Arrested for Burglary 3 Years After Lottery Win
A Michigan couple who won $500,000 on a state lottery scratch-off ticket in 2016 has been charged in a string of burglaries. reports that 29-year-old Mitchell Arnswald and 28-year-old Stephanie Harvell were arraigned Friday on home invasion and possession of burglary tools charges. They are each being held on $50,000 cash bonds. They were arrested Thursday following a burglary in Merritt Township, about 110 miles northwest of Detroit, the AP reports. Bay County Sheriff Troy Cunningham says the couple is suspected in burglaries in five counties spanning two months. Harvell said in a 2016 Michigan Lottery news release that she and her husband were living paycheck to paycheck before she bought the winning $5 "Hot Ticket" from a Bay City gas station. Get more news about 牛博棋牌包网,you can vist nb68.com
An Oregon man who beat cancer twice beat the odds and won a $4.6 million lottery jackpot, officials say. Stu MacDonald's wife usually tells him to "get the winning ticket" before he buys his weekly Megabucks ticket—but she forgot on Sept. 7, and he ended up winning, lottery officials say in a press release. "I am a very lucky guy," the Bend resident said. "I have survived cancer twice and here I am. This is amazing." MacDonald opted to take the $2.3 million lump sum payment, leaving him with $1.56 million after taxes, ABC News reports. (This North Carolina man won a $344 million jackpot using numbers from a fortune cookie.) Read more...
Canadian Lottery Winner Dies Mysteriously in Ethiopia
In 2017, soon after he was laid off from his job at a manufacturing plant in Toronto, Michael Gebru won a Canadian $10 million lottery jackpot—around $8 million US—after initially thinking he had won just $14. He was dead less than two years later. Relatives tell the CBC that the 41-year-old died Saturday in mysterious circumstances in Ethiopia, the homeland he wanted to help after winning the jackpot. "Going back home, he just wanted to do more for our country," cousin Sosuna Asefaw says. She says Gebru, who had been splitting his time between Toronto and Ethiopia, flew to the country around two weeks ago and had been visiting the area where he grew up.Get more news about 牛博彩票包网,you can vist nb68.com
After the win in 2017, Gebru told reporters that his biggest priority was helping people in need. "I don't know exactly what happened," Asefaw says. "Everyone knew who he was in Toronto and everyone knew back home, because it's a big thing ... He didn't grow up with much." At a funeral service Sunday, relatives said they feared Gebru, who donated generously to several churches after the win, had been targeted for his money. According to local media in Ethiopia, Gebru was killed in a robbery gone wrong but no arrests have been made, the Toronto Sun reports. Relatives say they have received little information from police and they have appealed to Canada's embassy in Ethiopia for assistance. (Read more Ethiopia stories.) Read more...
Study Flips a Theory on Lottery Winners on Its Head
Regardless of life adjustments and pushy relatives demanding cash, winning the lottery really does make a person more satisfied. That's according to University of Warwick economists, who gained access "to more winners with economically substantial winning amounts than almost any other study before us." Andrew J. Oswald and Rainer Winkelmann argue previous studies of lottery winners—including a 1978 analysis that found 22 winners were not much happier than non-winners—were simply too small to produce statistically significant effects, resulting in conflicting information, per Vox. Hoping to clear it up, they used German records to identify 342 lottery winners who'd taken home at least $2,770, and found they weren't pining for a simpler life.Get more news about 牛博彩票包网,you can vist nb68.com
The sudden influx of cash had not only boosted satisfaction with income but also satisfaction with life overall, per Yahoo. "The effects documented here are, as might be expected, especially pronounced for big wins," say the German scientists, whose work was published last week in The Economics of Happiness. There's still more work to be done. The study doesn't offer insights into when satisfaction levels might peak or falter, for instance. But for now, Oswald and Winkelmann are happy to contribute to a field of research they say offers "almost no evidence that winners become happier." That said, a 2018 study of 3,362 lottery winners identified "sustained increases in overall life satisfaction that persist for over a decade," per Deseret News. (This lottery winner just turned up dead.) Read more...
$2.1 million lottery ticket sold at metro Phoenix grocery store
Check your lottery numbers because a ticket worth $2.1 million was sold Saturday at a metro Phoenix grocery store and has yet to be claimed.Get more news about 包网公司,you can vist loto98.com
The jackpot ticket for The Pick was sold at the Albertsons near Baseline and Ellsworth roads in Mesa.The winning numbers were 4, 6, 22, 35, 42 and 44.
The Pick tickets cost $1 each and pay out for matching at least three numbers.
A jackpot occurs when a player matches all six numbers.Nonjackpot prizes are normally $3, $50 and $2000. The odds of winning a jackpot are 1 in 7,059,052.
The ticket’s owner has until April 8 — or 180 days from the date of the drawing — to claim the prize.
Several other Arizona lottery tickets remain unclaimed, including a Fantasy 5 jackpot worth $83,000 that was sold Saturday at a gas station in Gila Bend. Read more...
Florida increases lottery ticket cost to $2, up from $1
A Florida Lotto ticket now costs $2, up from $1, as the game was rebranded to include increased non-jackpot cash prizes.Get more news about 综合包网菲律宾,you can vist loto98.com
“While Florida Lotto is an established brand with a loyal player base, the game has had very few changes over its 30-plus year history,” Florida Lottery spokeswoman Keri Nucatola said in an email Wednesday. “We felt the game was in need of a refresh to give players new and more ways to win, bigger prizes and better odds.”Nucatola said the increase is also expected to bring in more money for education.
Since being launched in 1988, Lotto has generated more than $8 billion for education. Along with increasing non-jackpot prizes, the changes include offering free ticket prizes for matching two of six numbers, according to a news release from the lottery.
Also, players can pay an extra $1 to use the same numbers for a chance to win up to $250,000 through a second drawing, held immediately after the Lotto drawing.
The increased price, which went into effect last week, brings the cost of a Lotto ticket in line with the $2 tickets for multi-state games such as Powerball and Mega Millions. Read more...
A Cleveland County man said his recent lottery win will make it possible to secure his retirement and travel once the pandemic concerns are eased.Get more news about 综合包网菲律宾,you can vist loto98.com
William Brooks stopped at the Curve View 18 Express on Fallston Road in Shelby last week and bought a $1 Quick Pick ticket for the Sept. 9 drawing. The next day he found himself the winner of the $176,121 jackpot.
“I was surprised,” said Brooks. “I’m shocked.”Brooks was at his office, where he works as a transportation manager for a trucking company, when he checked his NC Lottery Official Mobile App.
“I never had more than three numbers before,” said Brooks. “So, I looked at the fourth and the fifth one, and I realized that I may have won some money and I was tickled.”
Brooks couldn’t believe his good fortune, so he checked the winning numbers again on the app.“It came up that there was one winning ticket sold in Shelby,” he said. “And I knew that was me then.”
“I said, ‘You’re not gonna believe what I did,’” he recalled. “She’s like me. We cried.”
Brooks claimed his prize Tuesday at lottery headquarters in Raleigh. After federal and state tax withholdings, he took home $124,606.
“We want to travel,” said Brooks. “We’re gonna go somewhere, hopefully to Europe. I’m hoping next year when all this stuff is over. And other than that, we’re gonna use it to secure the rest of our retirement.” Read more...
The 7-Eleven located at 280 South Livingston Avenue sold one of two Jersey Cash 5 tickets that matched all five numbers drawn on Oct. 8, making it the second winning lottery ticket sold in Livingston over the last week.Get more news about 棋牌包网,you can vist loto98.com
The winner will split the $396,258 Jersey Cash 5 jackpot with another winner who purchased a matching ticket at Plazma Liquor in Glassboro. Each winner will receive $198,129, and both retailers will also receive a bonus check of $2,000 for each winning ticket sold.
Last week, a customer of Quick Mart Food Store at 172 South Livingston Avenue became the winner of the $983,561 Jersey Cash 5 jackpot after matching all five numbers drawn. CLICK HERE to read more.
View all New Jersey Lottery game winning numbers and drawings for the Pick-3, Pick-4, Jersey Cash 5, Pick-6 and CASH4LIFE games on the Lottery website on the official Lottery Facebook Page. Powerball and Mega Millions drawings can be seen on WABC-TV or WTXF stations. Read more...
Florida Lotto players can forget that slogan. The price to dream just doubled to $2, and many people aren’t happy about it.Get more news about 综合包网菲律宾,you can vist loto98.com
“It’s a real good scheme they got going there,” grumbled longtime player William “Bill” Price of North Miami after finding out about the price hike that took effect Oct. 8. “It looks like they’re just coming up with money-generating stuff.”
If you’re not a regular player, you might not have noticed that Florida Lottery’s original six-number Lotto game still exists amidst a bewildering pile of drawings like Powerball, Mega Millions, Picks 2 through 5, Fast Play, Jackpot Triple Play, Cash 4 Life, and no less than 99 different scratch-off games priced up to $30.
Introduced in April 1988 as the Department of the Lottery’s flagship game, the now-twice-weekly drawing cost $1 per chance for 32 years even as the state tacked on higher-cost options and surrounded it with ever-more complex and expensive ways to kiss one’s cash goodbye.
The cost to play the multistate Powerball game jumped to $2 in 2012 while the other multistate game Mega Millions followed suit in 2017. But those price increases led to much-bigger jackpots.
The Lotto jackpots did not double along with the ticket prices. However, the amount of money added to “rollover” jackpots — the ones that grow when no one wins — increased from about $500,000 before the price hike to $1 million now.
For example, after no one won the $2.5 million jackpot on Sept. 12, it became a $3 million jackpot on Sept. 16. The first jackpot after the price increase — $7 million on Oct. 10 — became an $8 million jackpot on Oct. 14.
In an email statement, Keri Nucatola, the lottery department’s director of communications, hailed the changes as improvements for players. “While Florida Lotto is an established brand with a loyal player base, the game has had very few changes over its 30+ year history. The game was in need of a refresh to give players new and more ways to win, bigger prizes, and better odds,” the statement said.
But William Price isn’t buying that. He noticed immediately that prize amounts declined for non-jackpot, partial-match payouts for players spending $2 now compared to those who previously bought a $1 ticket and spent another $1 for what used to be called the “Xtra” option.
Before the price increase, it worked like this: You spent $1 for the machine at your favorite retail store to print a basic Lotto ticket. After the drawing, if you matched three of five numbers, you’d win $5. If you hit four numbers, you’d win $70. If you hit five numbers, you’d win $5,000.
If you spent the additional $1 for the “Xtra” option, that ticket would be imprinted with a multiplier of 2X, 3X, 4X or 5X, chosen by the machine. A 2X multiplier would turn that $5,000 into $10,000. A 3X multiplier would turn that $5,000 into $15,000 and so on.
If you hit four of the six numbers, the 2X multiplier would turn that $70 prize into $140, while the 3X multiplier would turn it into $210.
Any of the multipliers would turn the prize for hitting three numbers from $5 into $25.
Lotto machines were programmed to generate 2X multipliers most commonly, while 5X multipliers were rarest.
Now, a player spending that same $2 for a ticket will automatically get a multiplier. The “Xtra” option is now standard.
But the prize amounts that get multiplied were decreased, resulting in lower multiplied payouts. Read more...
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Pair of Nikes worn by Michael Jordan sell for record-breaking $615,000
A pair of Nikes worn by Michael Jordan has broken the record for the most expensive sneakers ever sold at auction, fetching $615,000.To get more news about cheap air jordan shoes free shipping, you can visit nkspaces official website.nkspaces2010
The Nike Air Jordan 1 High shoes, which had an estimated sale price of between $650,000 and $850,000, were used by the basketball star during an exhibition game played in Trieste, Italy in the summer of 1985, according to Christie’s.
“It is the top price achieved for sneakers at auction,” a spokesperson at Christie’s told CNN.
The high tops were sold as part of a wider online auction of Jordan’s footwear from his days playing for the Chicago Bulls. And of the Jordan memorabilia up for sale, nine lots went for a combined total of $931,875, including buyers’ fees,on Thursday at the end of a two-week period of bidding.The bulk of the total sales came from the signed 1985 shoes, which the auction catalog describe as “a one-of-a-kind Michael Jordan artifact.”
The shoes are unusual because the sole of the left one contains a shard of glass, which became lodged there when Jordan shattered the glass of the backboard while landinga forceful slam dunk.
Another pair of shoes, which the Chicago Bulls player wore in a match in 1992, went for $112,500 in the same auction, which was run by Christie’s in conjunction with sneaker consignment store Stadium Goods.
Thursday’s sale shatters the previous record, set just three months earlier when Sotheby’s sold some of the player’s Nike Air Jordans for $560,000.
“Just three months ago, a pair of Nike Air Jordans broke the world record for the most expensive shoes ever sold at auction — fetching just over half a million dollars,” Christie’s said on its website ahead of its own auction.
Interest in Jordan and his sports memorabilia has increased this year since the release of ESPN’s docuseries “The Last Dance,” which follows the legendary player during the Bulls’ 1997-1998 season.
Christie’s described its recent auction as “the most comprehensive footwear record of Michael Jordan’s era-defining career with the Chicago Bulls ever to be offered in one sale.” Read more...
Michael Jordan not only revolutionised basketball, he also dictated fashion on and off the court and became a sports icon that has continued to reign over the years.To get more news about cheap air jordan shoes china, you can visit nkspaces official website.nkspaces2010
The premiere of the documentary "The Last Dance" made us all remember 'His Airness' and everything that influenced him. He was and is much more than a basketball player.
With the advancement of technology and science that take leaps and bounds every year, Jordan's sneakers were transformed and what happened a few years ago, is no longer today. Jordan's legendary sneakers today would be too heavy to play in for current players, however they became a cultural beacon that still resonate around the world.In 1984, there was no social media and television was the primary means of communication at the time Jordan arrived, quickly becoming a global phenomenon.
However, at the time, there were some doubts about Jordan's potential on the court, but after he won the NCAA National Championship and led the United States at the 1984 Olympics in Los Angeles, brands were falling over themselves to endorse the next big thing, at a time when monster sports endorsements/contracts didn't exist, the same way they do today.
Jordan had offers from Converse, Adidas, and Nike in footwear, while McDonald's, Coca Cola, and Chevrolet lined up forhis signature to endorse their products.
Initially, Jordan leaned towards Adidas and when he went to the interview with Converse, he was offered to continue with the same path they took with Magic Johnson and Larry Bird, but their aspiration was something more.
David Falk, Jordan's agent was inclined to Nike, but Michael did not even take them into account, so Falk turned to Jordan's parents to try to convince him. "Look, if we're going to represent your son, he has to trust me. I wouldn't ask for this if it wasn't worth it, " Falk told MJ's parents, in an excerpt from Basketball: A Love Story, so they convinced him to take a flight to Oregon.When he arrived at the Nike offices, they put a video of his highlights from North Carolina and the Olympics with the background song Jump, by The Pointer Sisters. After that conversation with the managers of the brand, came Mike's conviction: "No more meetings. This is it."
But there were different ways to promote the image of Jordan, from sneakers, headbands, sweatbands, shirts, etc. Back then, no basketball player had his own line, as was the case with tennis players.
Falk spoke to his friend Rob Strasser, a former Nike executive, to inform him that if he wanted to sign Jordan, he needed to treat him as a tennis player. "We might consider giving him his own line of shoes and clothes. What do you want to call the line?' Strasser asked Falk. Days later the idea came to call it Air Jordan. Read more...
Northern California Man Amasses Staggering Collection of Air Jordan Sneakers
It all started in 1985 with a pair of Nike Air Jordan basketball shoes. The Jordan 1 model was nicknamed Bred -- short for black and red.To get more news about cheap air jordan, you can visit nkspaces official website.
Brad Hogan can't remember if he ever even tried them on. Soon after, he bought a second pair. Then another. Then ... "I bought five and 10 and 20," Hogan said standing in his garage, surrounded by shoes.Jump forward three decades and the Redwood City man has amassed one of the world's largest collections of Air Jordans -- 327 pairs to be exact. None has ever touched so much as a basketball court -- a sidewalk -- even a fiber of carpet.nkspaces2010
For a reason Hogan can't exactly explain, he's doggedly purchased them over the years and squirreled them away in his garage, at most opening each newly purchased box just for a glance before putting them with the others. "Having original shoes that have never been worn," Hogan said picking up a shoe and sniffing its new shoe smell, "just holds a sentimental value."
There was plenty of sentimentality to go around as Hogan opened the garage in his Redwood City apartment complex -- revealing a dizzying display of shoes in every hue, pattern and shape. For decades, the growing collection sat in boxes, leaving just enough room in the garage to fit the car, off-limits to the world.
But after Hogan recently revealed the existence of his collection to his pal Wilson Craig, he surrendered to his buddy's suggestion he show them to an NBC Bay Area reporter. "I Googled Nike shoe collections and then I kind of understood that this might be one of the largest dead stock Nike collections in the country," said Craig, who only learned of his longtime friend's collection last month. "I was surprised -- honestly I've never known anybody that collected anything to this degree." The majority of Hogan's shoes are in his size -- 9 1/2.
But since he had no plans to wear the shoes, he figured it didn't really matter what size he purchased, hence the size 18 pair of gray retro sneakers he bought because it was the only pair available. His collection also includes a few pairs small enough they would only fit a child-sized NBA star.
Hogan, a Bay Area corporate event planner, rented several tables and studio lights to lay out his shoes for a journalist visitor. It was the first time he'd ever taken them out of the box and the first time he'd even shown his collection to anyone en masse. Even Hogan himself seemed startled by the sight. He consulted his phone where he kept a spread sheet of all 327 pairs of shoes according to purchase date and color.
"These are my favorites," he said locating a pair of black shoes with red soles and a band of leather. "These are the Jordan 11, these are famous for the patent leather." Hardcore shoe collectors sometimes line up outside shoe stores before dawn to snatch up new limited edition releases -- Hogan has never done that -- instead buying the bulk of his shoes online or through San Francisco dealers.
Some of his collection includes special packs holding two pairs of shoes -- the model numbers adding up to 23 -- Michael Jordan's number. Even before Hogan was a fan of Air Jordans he was a fan of the actual Jordan -- the basketball marvel immortalized by a spectacular career on the court and his namesake shoes. Hogan saw him play at Stanford once while Jordan was still playing in college. "I mean Michael Jordan is the greatest of all time and I wanted to somehow at the time be a part of the shoe phenomenon," Hogan said looking around at his own personal shoe-mageddon. "Little did I know 30 years later ..."
As a kid, Hogan collected regular things like stamps, coins and trading cards. In addition to his current shoe collection, he admits to obsessively collecting soaps and shampoos from hotels. But whether his collecting bug has reached the therapy level is up for debate. "My family worries about me. My wife Susan worries about me," he said with an only half-serious grin. "I collect them because very few people can say they have a collection of this enormity of just never-been worn shoes" Hogan said he recently stopped collecting Air Jordans after 32 years, deciding he'd finally had enough and didn't want to go "overboard." Since going public with his collection, he's moved it out of his garage and into a secure, temperature-controlled facility. Read more...
If you have thought about trying to kick a smoking habit, you’re not alone. Nearly 7 of 10 smokers say they want to stop. Quitting smoking is one of the best things you can do for your health — smoking harms nearly every organ in your body, including your heart. Nearly one-third of deaths from heart disease are the result of smoking and secondhand smoke.To get more news about Cheap Vape Deals, you can visit urvapin official website.
1: Vaping Is Less Harmful Than Smoking, but It’s Still Not Safe
E-cigarettes heat nicotine (extracted from tobacco), flavorings and other chemicals to create an aerosol that you inhale. Regular tobacco cigarettes contain 7,000 chemicals, many of which are toxic. While we don’t know exactly what chemicals are in e-cigarettes, Blaha says “there’s almost no doubt that they expose you to fewer toxic chemicals than traditional cigarettes.”
However, there has also been an outbreak of lung injuries and deaths associated with vaping. As of Jan. 21, 2020, the Centers for Disease Control and Prevention (CDC) confirmed 60 deaths in patients with e-cigarette, or vaping, product use associated lung injury (EVALI).
“These cases appear to predominantly affect people who modify their vaping devices or use black market modified e-liquids. This is especially true for vaping products containing tetrahydrocannabinol (THC),” explains Blaha.
The CDC has identified vitamin E acetate as a chemical of concern among people with EVALI. Vitamin E acetate is a thickening agent often used in THC vaping products, and it was found in all lung fluid samples of EVALI patients examined by the CDC.
2: Research Suggests Vaping Is Bad for Your Heart and Lungs
Nicotine is the primary agent in both regular cigarettes and e-cigarettes, and it is highly addictive. It causes you to crave a smoke and suffer withdrawal symptoms if you ignore the craving. Nicotine is also a toxic substance. It raises your blood pressure and spikes your adrenaline, which increases your heart rate and the likelihood of having a heart attack.
Is vaping bad for you? There are many unknowns about vaping, including what chemicals make up the vapor and how they affect physical health over the long term. “People need to understand that e-cigarettes are potentially dangerous to your health,” says Blaha. “Emerging data suggests links to chronic lung disease and asthma, and associations between dual use of e-cigarettes and smoking with cardiovascular disease. You’re exposing yourself to all kinds of chemicals that we don’t yet understand and that are probably not safe.”
3: Electronic Cigarettes Are Just As Addictive As Traditional Ones
Both e-cigarettes and regular cigarettes contain nicotine, which research suggests may be as addictive as heroin and cocaine. What’s worse, says Blaha, many e-cigarette users get even more nicotine than they would from a tobacco product — you can buy extra-strength cartridges, which have a higher concentration of nicotine, or you can increase the e-cigarette’s voltage to get a greater hit of the substance.
4: Electronic Cigarettes Aren’t the Best Smoking Cessation Tool
Although they’ve been marketed as an aid to help you quit smoking, e-cigarettes have not received Food and Drug Administration approval as smoking cessation devices. A recent study found that most people who intended to use e-cigarettes to kick the nicotine habit ended up continuing to smoke both traditional and e-cigarettes.
5: A New Generation Is Getting Hooked on Nicotine
Among youth, e-cigarettes are more popular than any traditional tobacco product. In 2015, the U.S. surgeon general reported that e-cigarette use among high school students had increased by 900%, and 40% of young e-cigarette users had never smoked regular tobacco.
According to Blaha, there are three reasons e-cigarettes may be particularly enticing to young people. First, many teens believe that vaping is less harmful than smoking. Second, e-cigarettes have a lower per-use cost than traditional cigarettes. Finally, vape cartridges are often formulated with flavorings such as apple pie and watermelon that appeal to younger users. Read more...
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