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Emne historie: Desogen: Martin-Logan Buy

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  • Donaldtycle
  • 's profilbillede
18 minutter siden
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

  • MichaelduB
  • 's profilbillede
29 minutter siden
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

  • ScottimpuP
  • 's profilbillede
31 minutter siden
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Iceberg flotillas
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Located on the west coast, Ilulissat is a pretty halibut- and prawn-fishing port on a dark rock bay where visitors can sit in pubs sipping craft beers chill-filtered by 100,000-year-old glacial ice.

It’s a place to be awed by the UNESCO World Heritage Icefjord where Manhattan skyscraper-sized icebergs disgorge from Greenland’s icecap to float like ghostly ships in the surrounding Disko Bay.

Small boats take visitors out to sail closely among the bay’s magnificent iceberg flotilla. But not too close.

“I was on my boat once and saw one of these icebergs split in two. The pieces fell backwards into the sea and created a giant wave,” said David Karlsen, skipper of the pleasure-boat, Katak. “…I didn’t hang around.”

Disko Bay’s other giants are whales. From June to September breaching humpback whales join the likes of fin and minke whales feasting on plankton. Whale-watching is excellent all around Greenland’s craggy coastline.

Whales are eaten here. Visitors shouldn’t be surprised to encounter the traditional Greenlandic delicacy of mattak — whale-skin and blubber that when tasted is akin to chewing on rubber. Inuit communities have quotas to not only hunt the likes of narwhals but also polar bears, musk-ox and caribou — which can also appear on menus.

  • Jamesmox
  • 's profilbillede
34 minutter siden
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‘For the public to enjoy’
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The museum’s history starts in 1998, when Sheikh Faisal Bin Qassim Al Thani opened a building to the public on his farm some 20 kilometers (12 miles) north of Qatari capital Doha.

A distant relative of Qatar’s ruling family, founder and chairman of Al Faisal Holdings (one of Qatar’s biggest conglomerates), and a billionaire whose business acumen had him recognized as one of the most influential Arab businessmen in the world, Sheikh Faisal had already amassed a substantial private collection of historically important regional artifacts, plus a few quirky pieces of interest, allowing visitors an intimate look into Qatari life and history.

In an interview with Qatari channel Alrayyan TV in 2018, Sheikh Faisal said that the museum started as a hobby.

“I used to collect items whenever I got the chance,” he said. “As my business grew, so did my collections, and soon I was able to collect more and more items until I decided to put them in the museum for the public to enjoy.”

His private cabinet of curiosities has since evolved into a 130-acre complex. Through the fort-like entrance gate lies an oryx reserve, an impressive riding school and stables, a duck pond and a mosque built with a quirky leaning minaret. There’s now even a five-star Marriott hotel, two cafes and the Zoufa restaurant serving modern Lebanese cuisine.

Of course, there’s also the super-sized museum, with a recently-opened car collection housing everything from vintage Rolls-Royces to wartime Jeeps and colorful Buicks. Outside you’ll find peacocks roaming the grounds, and signs warning drivers to be aware of horses and ostriches.

Visitors to the FBQ museum are free to explore the grounds and can even enter the stables to pat the horses.

  • Kevinret
  • 's profilbillede
1 time 2 minutter siden
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Why there’s a huge collection of vintage cars stored in the middle of the desert
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Back at the turn of the 21st century, Qatar was a country with few cultural attractions to keep visitors and residents entertained. Yet the Sheikh Faisal Bin Qassim Al Thani Museum — known as the FBQ Museum — was a place that most people visited as an alternative to the then-still rather ramshackle National Museum of Qatar.

You had to make an appointment, and drive out into the desert, getting lost a few times along the way, but then you were welcomed to the lush Al Samriya Farm with a cup of tea and some cake. The highlight was being allowed into a space crammed full with shelves and vitrines holding all sorts of eclectic artifacts from swords to coins — with the odd car and carriage standing in the grounds.

It wasn’t necessarily the kind of museum you’d find elsewhere in the world, but it was definitely a sight that needed seeing.

Today, it has grown and now claims to be one of the world’s largest private museums. It holds over 30,000 items, including a fleet of traditional dhow sailboats, and countless carpets. There’s also an entire house that once stood in Damascus, Syria.

There are archaeological finds dating to the Jurassic age, ancient copies of the Quran, a section that details the importance of pearling within Qatar’s history, and jewelry dating to the 17th century.

There are also items from 2022’s FIFA World Cup in Qatar including replica trophies, balls used in the games, entry passes, football jerseys and even shelves full of slightly creepy dolls and children’s plush animals.

Some of the more disturbing exhibits include various items of Third Reich paraphernalia in the wartime room, and, strangely enough, several showcases of birds’ legs with marking rings on them. Basically, whatever you can think of, you have a very good chance of finding it here.

Rumor even has it that behind a locked door is a room filled with the late Princess Diana’s dresses and other memorabilia, accessible only to a select few visitors. Another door hides a room, no longer open to the public, filled with collectibles of the late Saddam Hussein.

  • RichardBow
  • 's profilbillede
1 time 22 minutter siden
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