Monthly Archives: July 2016

George Soros Says a Strong Ukraine Means a Stronger Europe

George Soros is almost as well known for his insightful political and economic commentary as he is for his incredibly successful career as an investor. In addition to serving as the Chairman of Soros Fund Management, he is also the founder and current Chairman of the Open Society Foundations. In an article for Project Syndicate, Soros goes to great lengths to explain how the EU could be a strong force in fighting for the continued independence and democratic reform of Ukraine. Essentially, Soros proclaims that by helping Ukraine through this difficult time of political and economic transition, Europe would gain many benefits for itself.

Promising Elections in Ukraine

Soros notes that the 2014 elections in Ukraine are cause for celebration of democratic reforms and a strong commitment to saving the country from Russian aggression. Soros’ take on the elections in Ukraine is one of optimism and opportunity. There seems to be a dedication to maintaining and spreading the democratic reforms in Ukraine that have already been underway. At the same time, George Soros comments that the elections in Europe are showing far less support among the general public for the continued existence of the EU. There seems to be a much more nationalistic sentiment growing that threatens to unwind the momentum that the EU has been able to build over the years. He finds hope in that Ukraine could be a source of unification for EU member countries that would stand together in preventing the further spread of Russian aggression.

Read more:
George Soros – Project Syndicate

George Soros – Business Leader, Philanthropist

The Danger of Russia as a Continued Rival of the EU

Soros thinks that Russia needs to be viewed as still a threat to the existence of the EU and the sovereignty of European countries in general. No matter what the international opinion is of Putin, he remains very popular among many of his own citizens, especially in light of the recent annexation of Crimea. Even though Putin would like to continue aggressive policies for Ukraine, Soros points out that a stable Ukraine would actually be in the best interest of Russia without Putin. If Ukraine could raise its status as a prosperous nation, it could help as a trading partner with Russia and EU member states. Thus, aiding in the protection of Ukraine right now could pay off dividends for Europe in the future. It could also help to cement a mutually beneficial relationship with Russia at the end of Putin’s rule.

Europe Should Consider Political Risk Insurance in Ukraine

Even though Europe has many internal problems to deal with at the moment, Soros pushes for political risk insurance to encourage business and investment in Ukraine. He argues that this proposition is not too costly because many international financial institutions already maintain this same program in other parts of the world.

Soros gives a very convincing argument for why a stronger Ukraine means a better Europe. His arguments are directed at leaders of the EU with the means to make a real difference.

Learn more George Soros:
http://www.nytimes.com/topic/person/george-soros

https://www.opensocietyfoundations.org/people/george-soros

The Philanthropic Life of Dick DeVos

Dick DeVos is an entrepreneur and a business magnate that is based in Michigan. DeVos has been in the business field for an extended period, and he has also held several positions. At one time, DeVos served as the Chief Executive Officer of the consumer goods distribution company. He has also been involved in politics besides his business background.

The business activities that Dick DeVos has been involved with include holding different positions at Amway Corporation in 1974. Some of the departments he served in Amway Business Corporation include the research department, marketing, sales, and finance. Dick also served as the Vice President of the Amway Corporation, during the tenure in the organization, the company’s sales were reported to have grown to 50 percent of the annual sales. DeVos also served as the president of the Orlando Magic after his family had acquired the basketball franchise. DeVos also served as the chairperson of the Amway Corporation, succeeding his father.

DeVos is also involved with a lot of philanthropic activities, having donated plenty of funds to fund various projects meant for community support. Dick is known to have supported various organizations including civic societies, religious, and educational organizations among others. He is also involved in funding a lot of artistic works such as the ArtPrize, an art competition that has been in place since its establishment in 2009. DeVos’ foundations have also donated funds meant to encourage free-market economics. Organizations involved in supporting this movement include the Heritage Organization and the Hudson Institute. DeVos is a well-known crusader for education to all populations. He has set-up funds that are meant to provide scholarships to students at the Thunderbird School of Global Management. The scholarship program mainly targets students from developing nations. DeVos has also established an annual scholarship program that is known as the Betsy and Dick DeVos Scholars. The scholarship program is meant for students at the Northwood University pursuing BBA.

The DeVos family is also the greatest sponsor of the Conservative Movement and the Christian. The family is ranked among the top benefactors besides the Bradleys, the Coorses, and the Kochs. The Devos family is estimated to have given more than 200 million US Dollars to Cristian Right and Conservative Movements. The Amway Corporation co-founder Richard DeVos is also a member of the Koch brother’s invites-only donors’ summit. The DeVos family has donated funds to many organizations in the United States including the David Koch’s American for Prosperity. Most advocacy groups in American Politics have gotten funds donations from the billionaire’s foundations.

Andy Wirth Says California Resorts Will Bounce Back From Drought

The California ski area was hit hard by the recent drought conditions. In a recent interview on KCRW’s Press Play With Madeline Brand, Squaw Valley Ski Resort President Andy Wirth spoke on how the drought affected his resort as well as others in the area. Although Wirth conceded that the the ski industry suffered greatly, he is optimistic about the future.

The ski area was hit with what Stanford meteorologists describes as the “ridiculously resilient ridge,” according to Wirth. This weather anomaly prevented moisture from reaching the mountainous regions. The result was a massive reduction in snowfall. The available skiing acres dropped by some 20%, as well as overall visitation.

Brand asked Wirth how an unlimited drought could possibly affect the area. “We’re ready,” said Wirth. “It all has to do with your business model and how well you prepare.” Wirth says that his resort could withstand several drought seasons if forced to do so. Learn more about Andy Wirth: http://andywirth.com/ and www.kcrw.com/people/andy-wirth

A great deal of new and improved methods of creating artificial snow and other alternatives enlisted by the resorts could help if a long-term drought occurred.

Good news is on the horizon. Stanford meteorologists have predicted that this year’s ski season should be normal. In fact, if the El Nino conditions hold up, there will be a massive amount of snow this year. “Absent the ridiculously resilient ridge, everything should be fine,” said Wirth.

Andy Wirth is a businessman and CEO who has given a great deal to the California ski community.

After spending 25 years with Steamboat Springs Resort in Colorado, Andy Wirth was installed as the new CEO of Squaw Valley. The resort has undergone a number of changes to make it one of the most popular resorts in the area.

Andy Wirth is a member of several local boards including the Lake Tahoe International Airport. He is married with three children.

The Visionary Brain of George Soros

George Soros is a well-known personality throughout the world. He ranks among the wealthiest people alive according to Forbes. The magazine puts Soros at #23 in the world with a net worth of $24.9 Billion. George attributes his wealth to hedge funds and self-made property. He is currently 85 years old, and a father of five.

George recently revealed his opinion on the paramount matter facing the United Kingdom. Britain is now involved in a poll to decide if they should quit the European Union. George Soros is the idea that Britain should remain in the EU. He has apparently given his views on the matter, to try convincing the people.

In 1992, George Soros made enormous profits by predicting a similar situation. He received more than $1.5 million from the Bank of England. Soros was a wealthy man already at the time. His vision, however, proved to be an added advantage to himself. He made the best of an otherwise sad situation.

Soros holds a Bachelor of Arts/ Science from the London School of Economics. He also carries vast experience in the hedge fund industry, one of his fields of operations. During his address about staying in the EU, George Soros stated situations that may arise from such an action. Referring to 1992, Soros told Brits to prepare themselves for a ‘Black Friday.’ This term comes from ‘Black Wednesday’ which was as a result of the withdrawal of the sterling pound from the European Rate Mechanism. This action led to the collapse of many financial markets in the world and brought problems for the ordinary citizen in Britain.

Read more:
Brexit and the Future of Europe

George Soros – Business Leader, Philanthropist

George Soros has several public figures from Britain supporting his stand. David Beckham, a former professional soccer player, and his wife Victoria are for #remain. Britain’s Prime Minister David Cameron also issued an address at No. 10 Downing Street supporting the anti-Brexit team. ‘Brexit’ is a term coined by joining British and Exit. During his briefing, Cameron said that Britain was not a nation of quitters. He encouraged the voters to vote with great caution.

George gave his reasons for telling Brits to vote for staying in the EU. He claimed that if the sterling pound was to exit the market, people in Britain would experience an increase in prices of ordinary households almost immediately. Availability of jobs, investment, and the financial market would also feel the impact.

George is a man of many qualities. Financial expertise aside, Soros is an excellent author. He has won awards in his writing career and was once a best seller. He is also a generous man who gives back to society always. George has set up a foundation to assist less privileged in society to acquire education among other essential needs.

Learn more about George Soros:
 http://www.cnbc.com/2016/06/25/brexit-makes-eus-dissolution-practically-inevitable-george-soros.html