Month: November 2020

With election nearing a resolution, investors see some market-friendly themes emerging

first_imgTraders agreed that the Federal Reserve would remain accomodative and that some kind of fiscal stimulus was coming from Congress, but there’s no agreement on the timing or size of the deal.“I think it’s certain that the Fed is going to continue to be extraordinarily easy for a long  time to come…and I also think that it’s certain that we’re going to get fiscal stimulus.” Strategas Research Partners Chairman Jason Trennert told CNBC. Liz Young, BNY Mellon Investment Director of Market Strategy, said stimulus would now dominate the markets. “Both parties want stimulus,” she told CNBC. “That’s going to drive a rally  that’s going to drive positivity and the sequence of events matter so if you get a fiscal  package and a vaccine around at the same two or three-month period that’s huge upside in the stock market.”The good news: Senate Majority Leader Mitch McConnell said a stimulus bill would be the Senate’s top priority before year end, and indicated aid to states — a major stumbling point in prior negotiations — might be included.Everyone will be tough on ChinaNo matter who wins, the stance toward China has hardened. “I think we pick a fight with China no matter what,” Peter Tchir from Academy Securities told me.Not everyone is convinced. “The world expects Biden to be easier on China, I hope that is not true,” Kyle Bass said on CNBC, noting that the dollar weakened against the Chinese currency when Biden appeared to be in the lead.Protecting vital U.S. industries will be a theme under either administration: “I think there is going to be huge pressure to bring medical manufacturing back home,” Peter Tchir told me. “Why are we producing essential medicines in China?”Trade and the dollarIndeed, many traders agreed that “economic nationalism” — bringing supply chains back to the United States — would be a theme under the Biden administration as well. “Biden’s Made in America is the import substitution strategy that is very close to Trump,” Marc Chandler from Bannockburn Global Forex told me. The differences between them, he says, “Is more about style than substance.”Trade agreements are a different matter. Noting that that the U.S. is formally leaving the Paris Accord, Chandler said  Biden will seek to rejoin that agreement.As for the dollar, both the import substitution strategy and the monetary and fiscal policy mix lends itself to a weaker dollar.“We will have a twin deficit: we will have a budget deficit, and a large trade deficit,” Chandler told me. “U.S. interest rates should be expected to rise to attract investors, but rates can’t rise much, so the alternative is to have the dollar lower. As the U.S. borrows more money, the dollar will fall.” He too pointed to the strength of the Chinese yuan against the dollar.Bigger government, no matter who is in the White House?No matter who wins, many feel the 2020s “will be characterized by bigger government,” Bank of America said in a recent note to clients, citing among other things, the wider acceptance of Modern Monetary Theory (MMT) that proposes governments should not worry about deficits and should print money unless it becomes inflationary.David Kelly from JP Morgan agrees: “In today’s environment of near-zero or even negative interest rates and massive central-bank purchases of government securities, we are witnessing a move in the direction of MMT.”Others cite the growth of Environmental, Social & Governance (ESG) investing, which implies investors pushing for more social changes and increased government regulations.For the moment, a Goldilocks marketFor the moment, these broad policy questions are being put aside as traders celebrate the potential for a perfect scenario: a new President with a check on his ability to raise taxes and impose more regulation.“We are going to have a much better economy next year than a lot of people realize, regardless of who is in power,” Tchir told me. “We are really going to get the stimulus that goes beyond the band-aid, with big infrastructure, and attempts to repatriate jobs from abroad.”Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. What’s next for markets? With the election over, some old themes will be re-emerging, regardless of who will be president. The rally is due to better earnings visibility- Advertisement – – Advertisement – “The good news is the uncertainty surrounding a very contentious election should soon be behind us, and investors can focus on the macro influences that ultimately drive direction: inflation, interest rates, money availability, and the prospects for domestic and global growth,” Tony Dwyer from Cannacord Genuity wrote in a note to clients.In discussions with traders, several “old themes” came up over and over: the extent of fiscal and monetary stimulus, China policy, and trade and the dollar. One important trend either president will be facing:  the prospects for much bigger government.Fiscal and monetary stimulus: how much?- Advertisement – On one issue, all traders agree: the market rally is largely due to the unlikelihood of higher corporate and individual taxes next year.“The Senate numbers from the 2020 election indicate that higher corporate taxes are unlikely, giving us and others more conviction in 2021 EPS estimates,” Tobias Levkovich from Citigroup said in a note to clients. Like many, Levkovich estimated that higher taxes could shave at least 5% off earnings in 2021, but “that possibility has dissipated,” Levkovich said.Back to fundamentals- Advertisement –last_img read more

Here are Leon Cooperman’s favorite ideas in the market right now

first_imgLeon CoopermanScott Mlyn | CNBC “There’s value,” the chairman and CEO of Omega family office said on CNBC’s “Squawk Box” on Friday. “You can find plenty of things to do.” (This story is for CNBC Pro subscribers only.)Billionaire investor Leon Cooperman said Friday he thinks it will be a stock picker’s market for years as the overall benchmark remains stuck over the long term. Here are some of his favorite ideas.- Advertisement – – Advertisement – – Advertisement –last_img read more

Osijek, Varaždin and Čakovec are interconnected directly by bus lines for the first time

first_imgThe fastest growing European start-up FlixBus connected domestic cities for the first time and thus began to create a green network within Croatia.So far, FlixBus has mainly connected cities internationally, but by connecting Osijek, Varaždin and Čakovec directly, it has taken the first steps in the development of the domestic bus network. Apart from being the first domestic FlixBus green line, it is also the first direct bus connection between these cities. FlixBus thus continues to merge larger and smaller medium-sized cities and makes them easily accessible for both business and tourism.˝By listening to the wishes of passengers and our internal research, we have noticed that this route has been in great demand for a simple and affordable connection for many years. Until now, these cities across the Podravska highway have been rather poorly interconnected or not at all. We believe that with this move, FlixBus will delight many travelers, primarily students, who, as far as we have learned, travel extensively between these two student cities.˝ said Dean Chebohin, Business Development Director for the FlixBus CEE region.European bus operator FlixBus, started as a start-up in 2013 and has since offered a new way of comfortable and green travel. otherwise, FlixBus has created the largest international network of lines across Europe with over 200.000 daily connections, through 26 European countries to 1.200 destinations. Also in addition to a large network, FlixBus has raised the bar of quality service throughout the market and passengers are provided with free Wi-Fi, sockets next to the seats, more space between seats, free luggage and the ability to change and cancel reservations up to 15 minutes before departure, online ticket purchase without waiting in lines at the box office as well as passenger identification only via QR code and smartphone.As domestic guests and consumption are very important for the development of continental tourism, and transport connections are one of the first prerequisites for development, it is now up to tourism workers to offer motives for coming to Slavonia and vice versa.last_img read more

By consuming more fish, we are also saving domestic jobs

first_imgU organizaciji Hrvatske gospodarske komore u petak 18. svibnja na Trgu bana Jelačića u Zagrebu održat će se manifestacija u okviru projekta Riba Hrvatske – jedi što vrijedi koja promovira proizvođače i proizvode hrvatskog ribarstva.As part of the promotion, visitors could see the preparation of fish and taste free products of Croatian fisheries, such as fried gilthead sea bream, sea bass, anchovies, sardines, tuna, trout and whiting, trout and hot and freshwater fish, and fish stew was cooked. broth, shrimp and mussels on buzara. The products of the Croatian fish processing industry were also presented: canned, salted and marinated fish and other fish specialties.”By consuming Croatian fish, we contribute to the development of this sector and all those who are engaged in catching, breeding and processing fish. We want to fight the absurdity that we have a huge potential in fish farming and catching, we export 140 percent more fish than we import, and with a consumption of only 10 kg of fish per capita we consume half less than the EU average. With this project, we wanted to act on the awareness of our citizens that by consuming more fish, especially because of its nutritional properties, we are actually directly contributing to a better quality of diet and life. By consuming more fish, we are also saving domestic jobs in rural areas and on islands. Our fish comes from sustainable farming with the highest environmental standards, and the Croatian food safety system is certainly one of the best in the EU. “, istaknuo je potpredsjednik HGK za poljoprivredu, šumarstvo i ribarstvo Dragan Kovačević na manifestaciji u okviru projekta Riba Hrvatske – jedi što vrijedi.”This is an excellent project for the promotion of top Croatian fishery products, which, along with numerous other projects, is funded by the European Maritime and Fisheries Fund. In the Ministry of Agriculture, we are also working on a project to popularize the consumption of fish in kindergartens and schools, and so far we have paid 336 million kuna to our fishermen for hunting, new plants and investments., ”Said the State Secretary at the Ministry of Agriculture Marija Vučković, adding that the utilization of the Operational Program for Maritime Affairs and Fisheries in the mandate of Minister Tomislav Tolušić has increased sixfold.At the event, 2000 kilograms of fish and fishery products were prepared for visitors, which they could taste for free. In addition to tasting seafood and freshwater Croatian fish dishes and fishery products, visitors also enjoyed the performance of the Dalmatian klapa.Register of Croatian suppliers for hotels and restaurants The Export Directory is a database of Croatian fishery products (from catch, farming and processing) offered for sale.An interested buyer can find information on fishery products or producers who offer this product in one place. The value of the database is that it is created by the providers themselves who have access to the system through their own password and username. In this way, it is ensured that the data in the database are always up-to-date, because the bidders themselves take care of their data.A potential buyer can easily search the database by fish type, product category (or together fish species and product category). See the list of suppliers herelast_img read more

Our dear talents, we don’t need you!

first_img[15] Ilišin, V., Spajić Vrkaš, V. (2015). Needs, problems and potentials of young people in Croatia. Research report. Ministry of Social Policy and Youth [3] Schwab, K. (2016) Human Capital Report [online]. Geneva: World Economic Forum. Available at: https://www.weforum.org/reports/the-global-human-capital-report-2017 [19] INSEAD (2019). The Global Talent Competitiveness Index 2019. Fontainebleau. France [6] Williams, R., Leahy, A. (2019). Ranking of National Higher Education Systems 2019. Universitas 21 [online]. Available at: https://universitas21.com/sites/default/files/2019-04/Full%20Report%20and%20 Cover.pdf [4] The World Bank (2018) Government expenditure on education, total (% of GDP) [online]. Available at: https://data.worldbank.org/indicator/SE.XPD.TOTL.GD.ZS?end=2018&most_recent_value_desc=true&start=1980&view=chart [18] Youthonomics (2015). The Youthonomics Global Index 2015. Paris [11] Central Bureau of Statistics (2019). Population migration of the Republic of Croatia in 2018. Central Bureau of Statistics. Year: LVI., Number: 7.1.2. Sources [1] IMD: Institute for Management Development (2018). IMD WORLD TALENT RANKING 2018. Lausanne. Switzerland [10] Ilišin, V., Spajić Vrkaš, V. (2015). Needs, problems and potentials of young people in Croatia. Research report. Ministry of Social Policy and Youth [2] International Bank for Reconstruction and Development / The World Bank (2018) The Human Capital Project. The World Bank Group. Washington DC [20] The Travel & Tourism Competitiveness Report (2017). Paving the way for a more sustainable and inclusive future [online]. Available at: http://reports.weforum.org/travel-and-tourism-competitiveness-report-2017/ [16] Dropulić Ružić, M. (2017). What if young people want to work in tourism? Institute of Agriculture and Tourism. Poreč [12] Dropulić Ružić, M. (2017). What if young people want to work in tourism? Institute of Agriculture and Tourism. Poreč [5] First steps in the labor market (2018). First steps into Labor Market. Deloitte [14] Ilišin, V., Spajić Vrkaš, V. (2015). Needs, problems and potentials of young people in Croatia. Research report. Ministry of Social Policy and Youth [8] Ilišin, V., Spajić Vrkaš, V. (2015). Needs, problems and potentials of young people in Croatia. Research report. Ministry of Social Policy and Youth [17] World Economic Forum (2018). The Future of Jobs Report 2018. Cologny / Geneva [13] Eurostat (2019). Adult participation in learning 2018. [online] Available at: https://ec.europa.eu/eurostat/documents/4187653/9753784/Participation+in+learning These days, we are witnessing concerns about the (non) arrival of tourists and the “July hole”, and regardless of this important topic, let’s turn the discourse for a moment to one of the “holes” that should be of particular concern to us. It is a financial, value, priority hole that we have had for our young people, theirs and our future for years. While in recent years investments in tourism have flourished and ranked Croatia high on the scale of tourism investment potential (7/43), while we have received awards for infrastructure projects and nautical tourism and invested in interpretation centers, beaches, events, “strengthening the strength of the brand” and sl… investments in YOUTH, their education and development as drivers of change and future creators of new policies and trends – all these years it is negligible and sad. For someone who could be classified as an optimist, in the way this country treats young people, with all good will, I do not find anything optimistic. Various researches, measurements, comparisons and analyzes related to investments in people and young people gloomily confirm what we are witnessing –  that this land is an evil stepmother to her children and youth! She neither loves them, nor understands them, nor respects them, nor develops them, nor supports them – she left them to the streets and the hands of other countries.  Take, for example, IMD – World Talent Ranking 2018 (IMD World Talent Ranking), according to whose report, Croatia, on the list of 63 countries, is in a distant 54th place!The report assesses the country’s ability to build, attract and retain talented people to create a base of talented people needed to increase competitiveness and grow the economy. Croatia is at the bottom of the scale in terms of investment in practice during schooling (60th out of 63), in terms of companies investing in employee training (63rd), in attracting and retaining talented people (63rd), employee motivation (62nd), by outflows brains (57), meeting market demands for skilled labor (62) and higher education (60) [1]. Human resource development, talent management and youth are simply not a priority of this country. We neither create, nor retain, nor invest in talent.What are we doing to change that? The World Bank’s Human Capital Index shows how much a country prepares its people for the future, ie how much countries lose on the productivity of the economy due to insufficient investment in their people [2]. Last year, in a ranking of 157 countries, Croatia was in a good 36th place and says that it will realize 72% of potential / productivity compared to what it could be if the education and health systems gave their maximum. Despite this solid position, we need to look back area of ​​education. The study shows that a child in Croatia has 10,7 “useful” years of schooling, and that another 2,6 years should be spent educating. In addition, the Global Human Capital Index ranks Croatia 37th out of 130 countries, but again with the weakest youth policies. In 2017, it was worst positioned in the age group 15-24 due to the high youth unemployment rate (115th place), the labor force participation rate (107th place) and the (poor) quality of education (97th place). This report also shows the issue of employee education, which positions us in 114th place out of 130 [3]. And without even looking at these indices, everyday life in our schools or colleges is proof of these sad positions. We call for a systematic reform that will prepare young people for life and business reality. We are crying out for a system that young people will gladly go into. What are we doing to change this?Of course, investments in infrastructure projects, events and marketing campaigns are welcome, but the problem is that people, young people and education have not been a priority for investment all these years. And all successful countries confirm that education is a generator of development. Croatian allocations from the education budget have been below the European average for years. According to the World Bank Group, for 2013, budget allocations were 4.6% of GDP while the EU average was 5.1%, for example Iceland 7.72% and Sweden 7.65% [4]. These investments have increased slightly recently, but are still minor compared to these averages. As well as the allocation of state budget funds for research and development in GDP. In 2017, they were 0.7% (CBS) and even in the best years (2004) they were around 1%, while the world average was 2.23% and the EU average 2.03%. The countries our young people go to allocate about 3%; Germany 2.94%, Denmark 2.85%, Finland 2.75%. Last year, 57% of students expressed that the faculty did not prepare them well for future business challenges, and 81.5% (N = 5.711) confirmed that they would move out for a professional career [5]. This is sadly confirmed by the list of 50 world universities where Croatia ranks 43rd [6]. According to the 2019 list, the United States is in first place, followed by Switzerland, the United Kingdom, Sweden and Denmark. Here, the following are assessed: sources of funding and investment in higher education, political and social environment, networking and openness, and outcome. We are the worst in general cooperation with the economy and industry, which ranks us again at our traditional bottom of the scale – 48th place on the list of 50 countries. Famous regional centers of competence they were supposed to fix this picture. But we’ve been hearing about them for years. We also chant about their beginnings at congresses and gatherings, while failing to develop generations of ambassadors of the profession. And the beginning got stuck somewhere between the two ministries, so on the ground… mostly saga. Greater financial resources, innovative programs and a better system of practical training and connections with the business sector are key to generating young professionals in our labor market. What are we doing to change this?The research conducted by the CES indicates that class teachers / professional associates (N = 3.311) estimate that 27.9% of students have strong abilities and preferences for certain teaching areas, while 72.1% do not [7]. The key question here is how do we nurture, develop and guide these 27.9% of gifted students? Are we ennobling their visible talent and potential? And what do we do with the dominant 72.1%? Have we created the conditions and opportunities to explore and their abilities, talents and hidden potentials? Do we build their self-confidence or do we leave them to themselves? We frame young people with their system and form. And they need help to discover their “passions”, potentials and talents. What are we doing to change that?Furthermore, the same research indicates that young people need help, support, guidance in choosing a future profession and understanding their abilities. In the sample of students in the final grade of primary school in the school year 2015/2016 (N = 3.590), the largest number of students (64.9%) expressed interest in vocational guidance, and 60.9% of students in the final grade of secondary school (N = 3.908) intend to study. 38.5% do not yet know what they want to study, and 59.3% have some difficulty in deciding to continue their education. A large number of parents would certainly confirm this, with professors (N = 2.870) estimating that 38.4% of students need vocational guidance services. So, a good part of our young people “wander” in the professional definition. What are we doing to change this?Young people do not know what to do, where to go and how to do it. But then, according to the inertia of life and the need for pocket money, they get a job. And what happens? The research of the Ministry of Social Policy and Youth (2015) conducted on young people aged 15-29 (N = 2.000) indicates that 55% of young people are not employed in their profession, to work 3 hours longer than the legally prescribed norm for 20% lower salary than average of the Republic of Croatia [8]. And of all the offered job factors, the amount of salary and payment of overtime hours, in particular, young people in tourism (N = 5.060) rate the worst; both factors with a score of 2.9 out of 5 [9]. We demotivate young people from the first work experiences. What are we doing to change this?Those who have not been employed or are looking for new perspectives, in the last 15 years, on average 61 to 70% of them intensively and continuously express a desire to go abroad, with a quarter of them wanting to leave Croatia permanently. Unemployment and mass emigration of young professionals to other countries are considered a burning generational problem [10]. Unfortunately, this trend is also confirmed by Gallup’s research in the Republic of Croatia, according to which 33% of young people aged 15-29 express a desire to move permanently to another country (N = 1.000). Unfortunately, Croatian everyday life demonstrates that these wishes are not only expressed but also realized. This is confirmed by this year’s CES number of 25.412 unemployed young people under 29 and 11.207 officially registered departures of young people aged 15 to 29 last year [11]. And how many more unregistered souls have left us? It is assumed that every third young person with a diploma in hand makes their knowledge and talents available to another country – one of those at the top of the aforementioned rankings. Young people want to leave and leave. We are losing generations of talent. What are we doing to change this? Our schools are outdated. Practices are a dead letter on paper or just done side activities to satisfy the form. However, it is alarming that only 4.4% of students and staff improve their knowledge and skills on their own initiative outside of university and work obligations, which indicates the need for systematic and continuous awareness of the importance of lifelong learning [12]. In the context of Croatia, we have to talk about this topic for all age groups because only 2.9% are educated for life, while the EU average is 11.1% [13]. Take the example of Sweden, where 29.2% of the population has a lifelong education, in Finland 28.5% and in Denmark 23.5%, just to realize for a moment how far behind we are and how much effort it takes to change this. We should also be concerned that the majority (94%) of surveyed students were not included in a European or international student mobility program, which respondents predominantly associate with a lack of financial resources and their own lack of interest in going abroad [14]. The numerical coincidence is interesting, but the sad reality is that 95% of the surveyed young people from tourism also did not participate in foreign exchanges and study stays. Furthermore, in Croatia there are 850 youth associations for young people, and work with young people is mostly of a voluntary nature. But for more than 70% of the 2.000 young people, there is still a need to open multi-purpose youth centers, and counseling for young people who are victims of violence and counseling for self-employment and entrepreneurship are sought by approximately four-fifths of respondents [15]. Young people do not have a tendency towards lifelong learning. What are we doing to change this?We must not ignore the results of PISA tests (N = 6952) in which 86.5% of students manage to solve only simple problem tasks. Understanding problems, logical problem solving, critical thinking, originality in approach, creativity in thinking are elements that our students generally lack. And worst of all, there is no concern about it. In tourism schools, the aspects of “teacher innovation in knowledge transfer” (average grade = 3.3) and “realistic picture of work in tourism obtained by previous education” (average grade = 3.5) are the lowest [16]. According to the World Economic Forum (WEF), by 2025 jobs related to physical and basic cognitive skills will be in decline. Routine jobs will be eliminated, and 65% of today’s children will end up in careers that do not yet exist [17]. Young people need to strengthen their social-entrepreneurial-life skills. Schools and teachers but also non-formal education can play a big role in this process. What are we doing to change that?A culture of courtesy is the first thought of tourism. Unfortunately, this thesis is not confirmed everywhere in Croatia. Nor among the young. Almost half of the surveyed young people (N = 5.060) who work in tourism in relation to guests are in the phase of apathy (45.7%), irritation (1.5%) and antagonism (1.3%). They treat the guest formally, angrily or let him know that he is not welcome. We return to the beginning of the circle again because we can conclude that a large part of young people either a) have chosen the wrong profession or b) do not have developed soft skills and / or c) express their dissatisfaction with the job towards the guest. Young people are in apathy towards guests. What are we doing to change this?The Ministry of Science and Education points to a short-term growth trend in student enrollment in vocational occupations. This is an increase of 6-12% of chefs and waiters, but let’s not forget that 6 students have been lost in the last 44.409 years. A whole Sisak of young people. Coastal towns such as Rab, Poreč, Crikvenica, Rovinj… are rapidly losing young people’s interest in this profession. These growing misery is not a consequence of the increased interest of students or their parents, let alone the famous “promotion of the professional profession”. The absurdities of what is generally called the promotion of the profession and are over 20 times smaller in monetary currency compared to the co-financing of concrete holes called swimming pools. This is the sad order of values ​​of the Ministry of Tourism for too many years. Young people should be interested in tourism. Dignity needs to be restored to the profession. Promotion and attraction are much more than scholarships and videos. What are we doing to change that?The Youthonomics Global Index analyzes how friendly countries are to young people, and with this survey Croatia is again at its traditional bottom of the scale, ranking 51st out of 64 countries [18]. At the top of the list is Norway, which shows a number of best practices, including a flexible labor market, which is a great advantage for young people. As far as education is concerned, according to this index, our neighbors should be our neighbors – Slovenia – whose primary and secondary education takes the first place. Youthonomics measures “youth optimism”, ie the extent to which young people can expect an improvement in their living conditions. And here we are again on a non-optimistic background – 60th out of 64 places, and according to the “youth outlook” indicator – an indicator that gives an insight into current and future conditions for young people – we are “knocking” the last 64th place. In addition to not being friendly and mentoring-oriented towards our young people, they do not even hope to improve conditions in their country in the short term. What are we doing to change that?Another important index is The Global Talent Competitiveness Index (GTCI) as a comparative analysis that measures how successfully states and cities create, attract and retain talent with a focus on entrepreneurial talent [19]. This year, Croatia is ranked 55th out of 125 countries, with 99th place in attracting talent, 120th place in retaining “brains”, 105th place in employability skills, 87th place in the quality of management schools, 122nd place in terms of employee development. Guess the ranking of the most open countries for entrepreneurial talent? At the very top are Switzerland, Singapore, USA, Norway, Denmark, Finland… Due to the importance of entrepreneurial talent, new approaches are being introduced to the labor market, which encourage and protect the future of employees. How much entrepreneurial talents develop in our young people. What are we doing to change that?And now the value system – an order that is important for each individual but also the collective because if it is not harmonized it leads to the greatest extent of dissatisfaction and conflict. The report of the Ministry and Social Policy of Youth (2015) indicates an increase in the importance of family and work among young people and a decrease in preoccupation with entertainment and leisure. As factors of success in Croatian society, young people emphasize much less the circumstances and behaviors related to the competence, responsibility and commitment of individuals in relation to factors such as family or political networks and the ability to cunningly “cope” in a given environment. This is also an internal confirmation of why young Croats are literally the most pessimistic about their future compared to their peers from the remaining 63 countries. What are we doing to change that? Finally, let’s look at the Travel & Tourism Competitiveness Index, which ranks Croatia 32nd on the list of 136 countries. And no matter how optimistic it may seem at first, and we would say wow, at least we know what we are doing in tourism, and here we are flooded with a cold shower because the human side of tourism is again in failure and on the margins. According to the indicator “human resources and labor market” which is part of this index, we are on the 85th place, on the qualification of the workforce – on the 87th place, on the scope of employee training – on the 120th place, on the ease of finding qualified employees on – 106. place [20]. And here, those are the biggest holes of our tourism. And every year they get deeper! Recognizing the differences in the index and the methodology of research and measurement, we are aware that they do not in themselves change the situation, but very clearly reflect our decisions, priorities and behaviors. And they bring us to the point where we need to honestly and loudly admit to ourselves – we have abandoned our children and youth! We have neglected them in too many categories and for too long. They left them by the roadside for Nowhere in the hope that Someone Else would take care of them. Recovering from the trauma of leaving is a long process. Holes in tourism will become increasingly painful. What are we going to do to change that?Author: doc. dr. sc. Marinela Dropulic Ruzic, MERAKLIS / Cover photo: Pixabay.com [7] CES (2016). Report on the survey on professional intentions of students in the final grades of primary and secondary school in the school year 2015/2016. [9] Dropulić Ružić, M. (2017). What if young people want to work in tourism? Institute of Agriculture and Tourism. Porečlast_img read more

Two squares in Rijeka became pedestrian zones

first_imgThe final section of the blind Šime Ljubića Street will be used for access of vehicles with a permit to the service area of ​​the Korzo Center, as well as to the area of ​​the City of Rijeka. . Also, the necessary corrections and additions to the existing vertical signalization will be made. Finally, in Dolac Street, along the northern sidewalk, paid parking spaces will be marked. A permanent parking ban has been introduced on the 128th HV Brigade Square, Rijeka Resolution Square and Marin Držić Street. Thus, these squares in Rijeka became a pedestrian zone, as a continuation of the project of expanding public areas in Rijeka. The squares will now be only minimally arranged, in terms of landscaping and horticulture, and work should begin soon. As the Mayor of Rijeka Vojko Obersnel said during the amendment of the Decision on the designation of public parking lots, given that conservation conditions require extensive architectural research, which could not be completed by next year, when Rijeka becomes the European Capital of Culture, significant investment in the arrangement of squares. In order to close the access of vehicles to the squares, at the junction of Dolac Street and Trg 128. brigade HV, two dismantling poles will be temporarily installed, while Rudolfa Strohala Street will be turned into a one-way street in a southerly direction. parking spaces. As part of Phase 1, the following modifications will be made. Also, the ramp arms in Strohalova Street and Dolac Street will be dismantled (for now only raised), with these streets becoming flowing without access restrictions, and the three parking spaces now reserved for ACI in Dolac Street, near the Bonavia Hotel, will be repurposed. in places reserved for supply, and in Strohalova Street, on the eastern traffic lane, three new parking spaces will be marked. Source / photo: City of Rijekalast_img read more