Archive for the ‘ Press Releases ’ Category

Disabled Veterans National Foundation delivered approximately $157,000 worth of supplies to support the recent Stand Down event held in Newark, New Jersey.

DVNF’s contribution was delivered to the New Jersey Department of Veterans Affairs which helped organize the Stand Down event that helped hundreds of the areas homeless veterans.

This DVNF delivery included items such as blankets, water, hygiene products, clothing, hats and even cough drops.

The Stand Down helps New Jersey homeless Veterans deal with life on the streets by providing a broad range of necessities such as food, clothing, medical support, job counseling – and fellow companionship. Go to New Jersey Department of Veterans Affairs for more on assistance provided to area veterans.

“We at DVNF recognize these Stand Down events held around the country over the summer and fall provide an excellent forum and venue to help our homeless veterans in so many ways on one big day,” said Precilla Wilkewitz, President of DVNF.

“Thanks to our supporters, DVNF has delivered supplies and daily necessities valued at many hundreds of thousands of dollars to many Stand Downs this year. This help lasts more than the one day of a Stand Down for veterans who are struggling to survive on the streets.”

The country’s first Stand Down was started by Veterans Village of San Diego in 1988 and was aimed at helping homeless veterans in that region – many of whom served in the Vietnam War.

It is estimated that today there are hundreds of organized Stand Down events around the country helping close to 50,000 homeless and at-risk veterans according to the National Coalition of Homeless Veterans.

The Disabled Veterans National Foundation exists to change the lives of men and women who came home wounded or sick after defending our safety and our freedom.

To learn more about Disabled Veterans National Foundation go to www.dvnf.org.

KiwiSaver Growth Rate Improves

“The rate of KiwiSaver membership growth picked up noticeably in August after slumping in the wake of the Government’s May Budget,” said Sam Stubbs, Chief Executive Officer of KiwiSaver provider TOWER Investments. “Almost 20,000 new members signed up in August, increasing total member count by 1.1% to just short of 1.8 million New Zealanders,” he said. “If this rate of sign up persists, the total member count will exceed 1.8 million at the end of this September and will reach two million within 10 months.”

“The big jumps in original joining method categories were around 9,000 each in opt in via provider and automatically enrolled by employer,” he said. “There has been some optimism recently expressed in business confidence surveys that might be reflected in more automatic enrolments of new employees.”

“The Rugby World Cup may also have increased automatic enrolments due to a burst of new hiring to cope with expected demand from rugby fans.” “With all the doom-and-gloom spilling in from overseas regarding Europe’s sovereign debt problems and America’s near recessionary economy, it’s a positive sign that the automatically enrolled category grew by a healthy 1.4%.”

“Growth in automatic enrolments was the highest rate, compared with opt in via provider (1.1%) and opt in via employer (0.6%).”

“The major issue with such robust growth in automatic enrolments is that many new KiwiSaver members will not be in the most appropriate risk profile for their age and objectives because default funds are very conservative.”

Tower Investments’ sub brands include Tower Insurance which provides various insurance policies for health, rental property, vehicle ownership and more.

Sovereign credit risk spreads fear through markets

KiwiSaver provider TOWER Investments has released its monthly analysis of financial market performances for the month of August, 2011.

“August was a climactic month for ever-increasing worries over sovereign creditworthiness,” said Sam Stubbs, Chief Executive Officer of KiwiSaver provider TOWER Investments.

“Early in August Standard & Poor’s downgraded the long-term creditworthiness of the US federal government from AAA to AA+ on negative credit watch in part because of political bickering in Washington DC that had brought the government to the brink of defaulting on its scheduled payments,” he said.

“Focus then shifted onto the apparent inability of the leading governments within the euro common currency area to get firmly to grips with quarantining the sovereign debt crisis contagion of Greece, Ireland and Portugal off from the larger economies at risk of Spain, Italy, and now even France.”

“Political discord is now channelling directly into sovereign credit risk and causing investors to fear that government IOUs are not the ‘risk-free’ proposition that they have long been taken for granted as being.” “The paradoxical result of sovereign credit risk fear was that investors bought government bonds in a flight to safety, pushing down yields at the longer end of the curve.”

“It was risky assets – particularly shares – that got hammered, although they suffered also from rising concerns that the US economy is sliding inexorably back into recession.”

“US official unemployment remains stubbornly anchored at around the 9% mark, but actual unemployment and underemployment must be a lot higher despite all the fiscal support and monetary accommodation that has been thrown at the American economy to date.”

“This high unemployment is a stark signal that what US government authorities have done thus far isn’t working successfully down at the real economy level of Main Street USA.”

Best performers for the month of August were New Zealand bonds (+2.0%), global bonds (+1.5%), and commodities (+1.0%).

Worst performers for the month were global shares (-6.8%), hedge funds (-3.7%), and New Zealand shares (-2.1%).

Risky assets were still holding up for the year to August, with commodities ahead +25.8%, New Zealand equities +9.5%, and global equities +8.1%.

For further information please contact: Sam Stubbs, CEO TOWER Investments: Tel: 09 369 2284. Financial commentary is not considered to be financial advice. Always use an approved financial advisor.

Why Cigar Packs Need To Be Eye-Catching

The U.K. government has proposed that cigarettes would come in plain packages. Earlier, the federal government in addition has banned cigarette displays in stores. However, this seems to be too stringent so they have thought about letting manufacturers make cigarettes in plain, either brown or grey, packages. This is imposed in order to dishearten smokers particularly the young ones that are easily attracted using the glitz in cigarette packages. You should use the various search engines and appear up for the best electronic cigarette.

It’s proven that attractive cigarette packages would encourage smokers even more. The government believes that this should not be the case since the young ones should not get enticed using the glitzy cigarette packaging. The advocates of plain cigarette packaging are strongly convinced that attractive cigarette packaging may be the primary reason a lot of people are encouraged to smoke. This is sited to become the cause why smoking is really persuasive.

There are cigarette packages which evoke a powerful a feeling of masculinity, although some define femininity. There are also some cigarettes brands which are packed in a way which it would seem to be healthier within the other brands making consumer opt for them. You will find the choice to browse online to discover the best e cig.

The U.S. Food and Drug Administration have also imposed its rules when it comes to cigarette packaging. A policy would involve the 36 approved graphic images that might be placed in cigarette packages as warning signs. This includes a corpse in a coffin, a body in a morgue and a man smoking through his tracheotomy. A tracheotomy is a small hole created at the neck portion in order to allow an individual to breathe.

Nevertheless, opponents from the policy have stated that cigarette packaging does not by any means influence a person to smoke. This is not to do with an individual’s smoking patterns. The problem is still to become resolved by those in the authority. In the mean time, if you have the will to quit smoking, you might be able to do so. You can test to have some understanding regarding the best electronic cigarette.

Want to find out more about best electronic cigarette, then visit Luigi Canistri’s site on how to choose the best best e cig for your needs.