allianzgi convertible & income fund

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albany, new york 12207

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  • Around the Web

  • Nearly 2 tons of seized ivory to be crushed in Central Park
    By MARY ESCH, Associated Press - Thursday Aug 3, 2017

    ALBANY, N.Y. (AP) — Nearly two tons of trinkets, statues and jewelry crafted from the tusks of at least 100 slaughtered elephants are heading for a rock crusher in New York City's Central Park to demonstrate the state's commitment to smashing the illegal ivory trade.[...] state environmental officials, who are partnering with the Wildlife Conservation Society and Tiffany & Co. for Thursday's "Ivory Crush," say no price justifies slaughtering elephants for their tusks.Last year, the U.S. Fish and Wildlife Service instituted a near-total ban on the domestic commercial ivory trade and barred sales across state lines.Since August 2014, New York law has prohibited the sale, purchase, trade or distribution of anything made from elephant or mammoth ivory or rhinoceros horn, except in limited situations with state approval.The World Wildlife Fund says the illegal wildlife trade not only threatens animal populations, but also endangers national security by funding terrorist cells.

    Source: Top News Stories
  • Inside a Secretive Group Where Women Are Branded
    By BARRY MEIER - Wednesday Oct 18, 2017

    A self-help organization in Albany called Nxivm has begun to unravel as members reveal disturbing practices and fears of blackmail.

    Source: NYT > Home Page
  • Nonprofit Aims to Preserve Energy-Efficiency Support for Low-Income Families
    By Marian Conway - Tuesday Oct 17, 2017

    A nonprofit reevaluates in the face of reduced federal environmental justice funds.

    The post Nonprofit Aims to Preserve Energy-Efficiency Support for Low-Income Families appeared first on Non Profit News For Nonprofit Organizations | Nonprofit Quarterly.

    Source: Nonprofit Quarterly
  • Critics throw shade at Cuomo's plan to light NYC bridges
    By DAVID KLEPPER, Associated Press - Sunday Aug 13, 2017

    ALBANY, N.Y. (AP) — Critics are throwing shade at Gov. Andrew Cuomo's pricey plan to install high-tech, color-changing lights on New York City's bridges, questioning whether the investment is the best use of public money.A government watchdog group this month called for a state probe into what it says are conflicting explanations for how much the lights cost and where that money will come from.De Blasio, who has frequently sparred with his fellow Democrat, urged Cuomo to reallocate the money for emergency repairs on the subway system, which has been plagued by mounting delays, derailments and other problems caused by decades of neglect.Despite initial reports that the Metropolitan Transportation Authority would foot the bill, the state now says the money will come from economic development funds and proceeds from the state's Power Authority, which often works on big energy efficiency projects.

    Source: Top News Stories
  • Can Basic Income Plus The Blockchain Build A New Economic System?
    By Martin Kirk and Andy Milenius - Wednesday Oct 18, 2017

    To stop society’s unsustainable demand for ever-more resources, we need to decentralize and localize our economy. Combining the new ledger technology with UBI may be the way to make that happen.

    This story reflects the views of this author, but not necessarily the editorial position of Fast Company.

    Read Full Story

    Source: Fast Company
  • New York Is Funding A Community Land Trust To Help Low-Income Residents Buy Homes
    By Eillie Anzilotti - Monday Oct 30, 2017

    Through the innovative housing model, the city’s Interboro CLT will create a pipeline of permanently affordable units from which residents can start to build wealth.

    New York City’s housing crisis has been ongoing for so many years–and become even more rampant in the decade since the financial crash–that finding a solution can often feel impossible, despite Mayor Bill de Blasio’s focus on doing so. Rent-stabilized apartments are disappearing at an alarming rate; developers aren’t building enough new affordable units, claiming the lower rents will accrue too slowly to recuperate the costs. And market-rate housing values are rising so steeply that the traditional way of determining affordability—linking the cost to a fraction, usually 40%, of the market rate—renders those units still far too expensive for low-income New Yorkers to afford, both as renters, but especially as owners. In 2014, only 9% of the homes on the market were affordable to the 51% of New Yorkers earning less than $55,000 per year.

    Read Full Story

    Source: Fast Company