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CEF Weekly Review: Over-Generous Managed Distribution Policies Will Disappoint‘Sitting with their head in their hands’: farm equipment suppliers fear for impact of budgetDavid Bautista/iStock Editorial via Getty Images Perhaps many Seeking Alpha readers are interested in Bancolombia (NYSE: CIB ) due to its elevated dividend yield of 10.37% and market capitalization of $8.20 billion. Unfortunately, the stock coverage is quite limited, but after analyzing their backdrop after Q3 Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I own a position in the preferred stock (BVC: PFBCOLOM), and I don't plan to sell it since it provides me with quarterly income in Colombian currency, which I demand. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
In her new book, “We Will Rest! The Art of Escape,” the author and academic says you too can flee the toxic grind culture.Protesters cut off traffic on main avenues in the city center, holding up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living" and “The people without homes uphold their rights.” The lack of affordable housing has become one of the leading concerns for the southern European Union country, mirroring the housing crunch across many parts of the world, including the United States . Organizers said that over 100,000 had turned out, while Barcelona’s police said they estimated some 22,000 marched. Either way, the throngs of people clogging the streets recalled the massive separatist rallies at the heigh of the previous decade’s Catalan independence movement. Now, social concerns led by housing have displaced political crusades. That is because the average rent for Spain has doubled in last 10 years. The price per square meter has risen from 7.2 euros ($7.5) in 2014 to 13 euros this year, according to the popular online real estate website Idealista. The growth is even more acute in cities like Barcelona and Madrid. Incomes meanwhile have failed to keep up, especially for younger people in a country with chronically high unemployment. Protestor Samuel Saintot said he is “frustrated and scared” after being told by the owners of the apartment he has rented for the past 15 years in Barcelona’s city center that he must vacate the premises. He suspects that the owners want him out so they can renovate it and boost the price. “Even looking in a 20- or 30-kilometer radius outside town, I can’t even find anything within the price range I can afford,” he told The Associated Press. “And I consider myself a very fortunate person, because I earn a decent salary. And even in my case, I may be forced to leave town.” A report by the Bank of Spain indicates that nearly 40% of Spaniards who rent dedicate an average of 40% of their income to paying rents and utilities, compared to the European Union average of 27% of renters who do so. “We are talking about a housing emergency. It means people having many difficulties both in accessing and staying in their homes,” said Ignasi Martí, professor for Esade business school and head of its Dignified Housing Observatory. The rise in rents is causing significant pain in Spain, where traditionally people seek to own their homes. Rental prices have also been driven up by short-term renters including tourists. Many migrants to Spain are also disproportionately hit by the high rents because they often do not have enough savings. Spain is near the bottom end of OECD countries with under 2% of all housing available being public housing for rent. The OECD average is 7%. Spain is far behind France, with 14%, Britain with 16%, and the Netherlands with 34%. Carme Arcarazo, spokesperson for Barcelona’s Tenants Union which helped organize the protest, said that renters should consider a “rent strike” and cease paying their monthly rents in a mass protest movement. “I think we the tenants have understood that this depends on us. That we can’t keep asking and making demands to the authorities and waiting for an answer. We must take the reins of the situation,” Arcarazo told the AP. “So, if they (the owners) won’t lower the rent, then we will force them to do it." The Barcelona protest came a month after tens of thousands rallied against high rents in Madrid. The rising discontent over housing is putting pressure on Spain’s governing Socialist party, which leads a coalition on the national level and is in charge of Catalonia’s regional government and Barcelona’s city hall. Spanish Prime Minister Pedro Sánchez presided over what the government termed a “housing summit” including government officials and real estate developers last month. But the Barcelona’s Tenants Union boycotted the event, saying it was like calling a summit for curing cancer and inviting tobacco companies to participate. The leading government measure has been a rent cap mechanism that the central government has offered to regional authorities based on a price index established by the housing ministry. Rent controls can be applied to areas deemed to be “highly stressed” by high rental prices. Catalonia was the first region to apply those caps, which are in place in downtown Barcelona. Many locals blame the million of tourists who visit Barcelona, and the rest of Spain, each year for the high prices. Barcelona’s town hall has pledged to completely eliminate the city’s 10,000 so called “tourist apartments,” or dwellings with permits for short-term rents, by 2028.
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Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Christmas (and Hanukkah and Kwanzaa for that matter) are quickly approaching. For those who haven’t started putting up holiday decorations at home, now’s the perfect time to start. With early Black Friday deals in full swing, you’ll likely score a deal on any new pieces for yourself and snag a gift for the holiday host or hostess on sale. Depending on what style or type of decorations you’re in the market for, you’ll have better luck when shopping at certain retailers over others. That’s why we created a handy guide with ten of our favourites, whether you’re on the hunt for a new artificial Christmas tree, home decor or holiday entertaining essentials. Sure, Canadian Tire might be best known for its assortment of sports and recreation gear – and of course, tires. However, come the holiday season, the retailer takes pride in becoming “Canada’s Christmas Store.” You’ll find everything you need to deck the halls indoors and outdoors, with a huge selection of artificial Christmas trees , outdoor lights and inflatables and decor for a festive atmosphere. Pieces we love: Airblown Santa Stitch, 3.2-ft , $50; Canvas Pre-Lit Indoor Noelle Fraser , $400; Canvas LED Pre-Lit Artificial Cedar Wreath , $60. For string lights, outdoor decorations and artificial Christmas trees, look to Home Hardware. You’ll find items organized by aesthetic like cozy classic, modern farmhouse and vintage-inspired. Those who string up their old incandescent lights will also be happy to know that you can still find replacement bulbs here too. Pieces we love: Instyle Holiday C9 Light Set , $100; Instyle Holiday Porch Tree & Wreath Set , $200; Danson Decor 6.5′ Noble Pine Tree , $100. When decorating on a budget, Amazon has all the affordable holiday finds you could hope for. There are tons of options for artificial trees under $100, plus expensive-looking garlands and outdoor lighting set-ups that look way more luxe than their price tags suggest. Pieces we love: HOMCOM 6′ Pencil Christmas Tree , $65; 9ft. Norfolk Pine Garland , $23; Minetom Outdoor Projector Lights , $50. If you love the look of elegant holiday decor, add West Elm to your shopping list. You’ll find everything from Scandinavian-inspired designs to vintage-looking trinkets that suit just about any personality. There are also plenty of quirky ornament options, including a lobster tail , an evil eye and après-ski animals. Pieces we love: Village Tealight Candleholders , $29+; Stacked Wood Trees , $38+; Flocked Ball Ornaments (Set of 25) , $40. Walmart is another great option for holiday decor on a budget. Many finds ring in under $20, including plenty of tabletop decor, stockings and ornaments. For collectors, there’s also a big selection of Christmas-themed plushies to add to your home or give as a gift. Pieces we love: Holiday Time Red Wood Nutcracker, $10; Holiday Time Plaid Stocking , $16; Step2 My First Advent Calendar , $80. For those looking for a full holiday home makeover, Michael’s has you covered. Shop for coordinating ornaments, tree skirts, table runners, wreaths and garlands to create the perfect Christmas wonderland. Plus, stock up on craft supplies for personalized decor. Pieces we love: 6ft. Pink Gala Ball Garland , $40; Peppermint Candy Throw Pillow , $37; 12′′ Gingerbread Houses Tabletop Décor , $50. If you’re searching for West Elm-worthy decor with more accessible pricing, look no further. This season, Canadian home decor brand Bouclair offers the sweetest, fluffiest animal ornaments and table toppers, plus glittery mini-trees and ceramic houses that scream holiday cheer. Pieces we love: Decorative Ceramic House , $10; Polar Bear Ornament , $10; Golden Wire Glittery Tree , $18; Decorative Sheep , $13. When it comes to themed entertaining essentials, Anthropologie is your one-stop shop. You’ll find holiday-ready barware, dishware, linens, candles and more with a whimsical, bohemian feel. These unique finds also make for great gifts for a Secret Santa or white elephant exchange . Pieces we love: Holiday in the City Stoneware Mug , $16; Holiday Tree Borosilicate Glass Candle Holder , $38; Beaded Holiday Placemat , $48. What’s more cozy throughout the holiday season than a festive mug filled with eggnog or hot chocolate? Indigo has tons of original designs to choose from, as well as unique serving platters and cozy throw blankets to brighten up your space. Pieces we love: Holiday Icon Glass Set, Set of 4, $50; Glitzmas Everyday Bowls, Set of 4 , $25; Gingerbread Wood Serving Board , $30. Create luxe tablescapes this holiday season with a little help from Pottery Barn. You’ll find festive collectibles that are sure to become family classics, as well as stunning accessories to decorate your home from top to bottom come your next holiday get-together. Pieces we love: Gingerbread Tree Holiday Cookie Jar , $112; Santa’s Sled Salt & Pepper Shakers , $56; Stewart Plaid Dinnerware 16-Piece Set , $372. Shopping Essentials is a category written by research-obsessed shopping experts. Explore product reviews, recommendations and launches — plus behind-the-scenes info on your favourite brands and hidden gems — learn more here or sign up for our newsletter . kmendonca@postmedia.com instagram.com/kate.mendonca Love a deal? Us too. Explore Postmedia’s latest coupon codes from top brands we know and love.Jolly Holiday Discoveries at the Southampton InnFaruqi & Faruqi Reminds Edwards Lifesciences Corporation Investors of the Pending Class ...