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Argentina Is On Its Way To Dollarization And Here's How Gaucho Group Holdings (NASDAQ: VINO) Is Set Up To Capitalize

Benzinga

By Faith Ashmore, Benzinga Earlier in November, Argentina elected right-wing libertarian Javiar Milei as president; he ran on the promise of economic shock therapy, which resonated with voters. One of his biggest action items was to adopt the U.S. dollar and leave Argentina’s peso behind. This solution is seen by Milei’s supporters as a way to reduce the country’s runaway inflation and minimize the government’s overspending. While there is criticism of this plan, certain factions of the country support it full-heartedly. Some Argentinians have already adopted the U.S. dollar for domestic transitions like Airbnb rentals and even wages. Individuals in the real estate market have been supportive, especially as property prices are on the rise and there was a 53.3% increase in property deeds signed in October compared to the previous year. For some of these investors, dollarization equates to increased profit. Argentina’s Gaucho Group Holdings Inc. (NASDAQ: VINO), which focuses on luxury industries and luxury real estate, seems well-positioned to be a leader in the space as Argentina’s economy rebounds. Gaucho Holdings has been investing in the Argentinian market since 2007 and has long understood the power of dollarization. The company currently charges in USD while incurring expenses in pesos so that if dollarization comes to fruition, the company would be positioned to realize a potential hundreds of thousands per year in revenue increase. The global luxury market is witnessing growth in light of a resurgence of social interactions and travel. The global luxury market is expected to reach $1.6 trillion in 2023, witnessing 8-10% growth over 2022. Despite macroeconomic challenges, the luxury market has shown resilience, and companies like Gaucho Group Holdings seem to be gearing up for growth. Scott Mathis, Chairman and CEO of Gaucho Holdings, shared, "In the immediate future, spanning about 6 to 8 months, we anticipate a substantial benefit from our USD rates against our labor costs in ARS, which represent a significant portion of our expenses. However, looking ahead to the next 10 to 12 months, we expect these advantages might reduce or possibly even disappear as labor unions in Argentina are likely to seek wage increases in response to economic changes. Despite these challenges, the first 8 months should witness a positive economic impact due to President Milei's pivotal reforms. The year 2024 is shaping up to be challenging, yet it presents opportunities, particularly in the real estate sector, which is poised to become a key driver of economic activity. Additionally, the banking sector's role in offering reasonable lending rates will be crucial during this period. We are committed to playing a significant role in this dynamic and evolving economic landscape, contributing to and thriving amidst these transformative changes." Gaucho Holdings emphasizes a critical aspect of the potential benefits of dollarization in Argentina, particularly in the realm of banking and real estate financing. A significant shift would occur if Argentine banks transitioned from dealing predominantly in pesos to using U.S. dollars. This change could pave the way for the reintroduction of traditional lending practices, including mortgages, which are currently almost non-existent in the country. In Argentina's current economic landscape, real estate transactions are predominantly cash-based. This is a concept that often seems foreign to Americans and Europeans, who are accustomed to financing such purchases through mortgages. Gaucho Holdings posits that allowing banks to offer lending in U.S. dollars could revolutionize the Argentine real estate market. It would not only provide a more accessible path for property acquisition but also potentially lead to a stabilization of the currency. The implications of this shift could be profound. By facilitating easier access to property ownership through bank lending, there could be a significant increase in real estate values. Gaucho Holdings suggests that the impact on the real estate market could be stratospheric, marking a transformative change in how properties are bought and sold in Argentina. Gaucho Holdings has emerged as a prominent player in the Argentine real estate market due to its strategic entry, well-established operations and diverse portfolio. Backed by a highly experienced management team, the company possesses a deep understanding of the market dynamics. With a focused mission to identify and cultivate opportunities in the undervalued luxury real estate sector of Argentina, Gaucho Holdings stands at the cusp of potential success amidst the recent political and socioeconomic changes in the country. If Milei can make good on his promise of dollarization, Gaucho Holdings is confident that profit will follow. Featured photo by Angelica Reyes on Unsplash Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 16, 2024 08:30 AM Eastern Standard Time

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Gordon Ramsay-Backed, Mission-Driven Borealis Foods Goes Public

Benzinga

By Faith Ashmore, Benzinga There is an undeniable, growing need for access to nutritious, high-protein meals at an affordable price in our society. With the rise in health concerns and the importance of a well-balanced diet, not to mention higher grocery bills, many Americans are struggling to meet their dietary needs. According to a recent survey, 1 in 8 American households struggles with malnutrition and food insecurity. This issue is especially prevalent in marginalized communities where poverty and issues like food deserts contribute to the issue. The issue is not just domestic. The global population is expected to reach 9.8 billion by 2050, and as it stands, the current food production systems cannot support that many people. Conflicts in places like Ukraine and the Middle East have created restricted global food supplies, driving up prices, and presented a major threat to vulnerable segments of the population like children and the elderly. One of the ways scientists are looking to remedy this issue is through the promise of innovative solutions like food tech to solve rising concerns around global food insecurity. Food tech involves leveraging innovative techniques, tools and infrastructure to enhance food composition, production efficiency, sustainability and safety. One pioneering company making strides in food tech is newly publicly listed Borealis Foods (NASDAQ: BRLS), led by founder and CEO Reza Soltanzadeh. The company focuses on high-quality, plant-based, shelf-stable meals containing complete protein with all essential amino acids and other key ingredients. There has certainly been a trend towards healthy food, as seen with the success of Simply Good Foods (NASDAQ: SMPL) and its healthy offerings. With all the advanced science in Beyond Meat (NASDAQ: BYND) products, price point has been a concern, and Borealis reports it has found a solution for the price point – offering more accessible products. So far, its efforts have focused on creating ramen, which is one of the most popular foods with 121 billion servings in 2022. Those instant packs of noodles that recall college dorms and kettles of hot water are the single most eaten food on the planet. Consumed by over 7 billion people, ramen represents both the scale of demand and potentially also the solution to a hungry planet. “Global and humanitarian food programs are in desperate need of help from companies like ours to help solve this issue,” said Soltanzadeh. “With food science, world class manufacturing, and the aspirations of many dedicated people, we’re on that path.” Soltanzadeh added, “Finding solutions to deal with malnutrition, for the people who need it most, has been at the front and center of our mission. We continue to develop meals that offer the highest quality protein and the right amount of fiber, while eliminating saturated fat content. In our experience, healthy food isn’t always the tastiest. However, with Master Chef Gordon Ramsay inspiring our culinary science team, our healthy food is also deliciously made. We believe food is meant to be enjoyed and celebrated.” World-renowned chef Gordon Ramsay, an investor and brand ambassador, previously shared, "With the current cost-of-living crisis on everyone's minds and rising food prices being a worldwide problem, now more than ever, households across America face the very real issue of food insecurity. In conversation with Reza, I discovered we share a similar vision on how important it is to make nutritious and delicious options that are readily available, and more importantly, affordable. I've already got some big ideas, and I'm really looking forward to collaborating with the Borealis Foods team on their Chef Woo products in the coming months." Influencer-driven marketing has proven quite successful with brands such as PRIME energy drink (Logan Paul x KSI), Teremana Tequila (Dwayne ‘The Rock’ Johnson), and Feastables (Mr. Beast), and Borealis has that at the centerpiece of their marketing strategy. Borealis Foods began trading on NASDAQ under the symbol BRLS on February 8, 2024. This achievement marks a key step in the company’s expansion – with the company having only been set up in 2019 – manufacturing plant-based instant noodles from a state-of-the-art U.S. factory in Saluda, South Carolina. Borealis Foods reports that its products are currently in over 20,000 stores across the United States, Canada and Mexico, and it recently began distributing products in Europe. In 2022, the packaged food market was valued at $181.3 billion, and it is expected to grow at a CAGR of over 8% between 2023 and 2032. Consumer demand, paired with growing food insecurity, could position companies like Borealis Foods ideally to expand in the coming years. And Borealis Foods isn’t alone; Pitchbook estimated that in 2020, private equity invested $18.1 billion in food tech-related companies which compares to less than $500 million in 2010. Food tech may very well usher in a new age of food production with higher-quality meals for people everywhere. As Soltanzadeh looks forward to developing new food solutions, he has a vision and a mission. “We’re just scratching the surface of the 70 billion dollar Total Addressable Market (TAM) that is growing by double digits. This is where the opportunity lies for Borealis.” Gordon Ramsay image property of Borealis Foods Inc. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 15, 2024 08:15 AM Eastern Standard Time

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Nextdoor Helps Share Kindness in Your Neighborhood

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Ks0CSHf9e3Y Everyone loves a random act of kindness – from a stranger paying for your coffee or giving you a seat on the bus– these little spontaneous actions make a big impact. Small and spontaneous gestures matter even more than we may think. Too many times we forget the impact that simple gestures can make –this is exactly why National Random Acts of Kindness Day is being celebrated – to encourage everyone to spread kindness. Nextdoor wants you to know that it’s not just about spreading kindness, this winter season you should not be shy about making an ‘ask for’ kindness too; often, if you ask a neighbor for help shoveling snow, or cleaning storm drain - they’ll step in and help. Simply giving recognition to someone is another great way to brighten their day. Nextdoor has a new product feature called #ThankANeighbor, that provides a thoughtful prompt to celebrate the displays of kindness you see in your neighborhood. You can read more about it here: https://blog.nextdoor.com/2023/11/03/nextdoor-thank-a-neighbor/ On February 6th, Caty Kobe, Nextdoor US Market Lead, conducted a nationwide media tour to discuss National Random Acts of Kindness Day and these topics: · Provide neighbors with tips about how to celebrate kindness in their neighborhoods, · Advise viewers that 'asks for' kindness are often welcomed by neighbors, particularly during winter weather events. · Highlight new features on Nextdoor that help neighbors recognize and honor one another. To connect with your neighbors on Nextdoor.com, download the app on Google Play or the Apple App Store, or visit nextdoor.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 14, 2024 12:09 PM Eastern Standard Time

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Νόμοι τυχερών παιχνιδιών στην Ελλάδα: Ένα σύντομο άρθρο

AM Europe

Η Ελλάδα έχει υποστεί σημαντικές αλλαγές στους νόμους περί τυχερών παιχνιδιών κατά τις τελευταίες δεκαετίες. Αυτό το άρθρο παρέχει μια σύντομη επισκόπηση των τρέχουσων κανονισμών και πώς επηρεάζουν τους παίκτες και τους παρόχους τυχερών παιχνιδιών. Ιστορικό Πριν από το 2011, τα διαδικτυακά τυχερά παιχνίδια απαγορεύονταν στην Ελλάδα. Ο Νόμος 4002/2011 εισήγαγε ένα σύστημα αδειοδότησης για τα διαδικτυακά τυχερά παιχνίδια, αλλά δεν εφαρμόστηκε πλήρως. Ο Νόμος 4635/2019 τροποποίησε τον προηγούμενο νόμο, καθιστώντας ευκολότερη την απόκτηση άδειας για διαδικτυακούς παρόχους τυχερών παιχνιδιών. Τρέχουσα κατάσταση Τα επίγεια και διαδικτυακά καζίνο, τα στοιχήματα και η λαχειοφόρος αγορά είναι νόμιμα στην Ελλάδα, υπό την αυστηρή ρύθμιση της Ελληνικής Επιτροπής Εποπτείας και Ελέγχου Τυχερών Παιχνιδιών (ΕΕΕΠΤ). Η ελάχιστη ηλικία για συμμετοχή σε τυχερά παιχνίδια είναι 21 ετών, Λέει το CasinoOnline-GR.com. Οι πάροχοι τυχερών παιχνιδιών πρέπει να πληρούν αυστηρά κριτήρια για να λάβουν άδεια και να υπόκεινται σε συνεχείς ελέγχους. Υπάρχουν αυστηρές ποινές για παράνομη δραστηριότητα τυχερών παιχνιδιών. Σημαντικά σημεία Το μονοπώλιο της ΟΠΑΠ στα διαδικτυακά παιχνίδια λαχειοφόρων αγορών λήγει το 2030. Η κυβέρνηση συζητά περαιτέρω αλλαγές στους νόμους περί τυχερών παιχνιδιών, όπως η φορολόγηση των κερδών από τυχερά παιχνίδια. Συμπέρασμα Οι νόμοι περί τυχερών παιχνιδιών στην Ελλάδα είναι περίπλοκοι και συνεχώς εξελίσσονται. Είναι σημαντικό για τους παίκτες και τους πα Contact Details Dobroslaw Jaworski +30 699 613 5236 dobroslaw@casinoonline-gr.com

February 14, 2024 02:00 AM Eastern Standard Time

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Kirk Morrison Helps Launch 29th Annual Kickoff to Rebuild Event During Super Bowl Weekend

YourUpdateTV

Rebuilding Together, a leading national nonprofit organization dedicated to repairing the homes of people in need, partnered with Lowe’s, the Official Home Improvement Sponsor of the NFL, for the 29th annual Kickoff to Rebuild event during Super Bowl weekend. As part of the event, former NFL player, Kirk Morrison, teamed up with Rebuilding Together President and CEO, Caroline Blakely, and Lowe’s Home Improvement District Manager, John Sayre, on a satellite media tour to discuss the event and the important work being done nationwide. A video accompanying this announcement is available at: https://youtu.be/trwi5JJf4JY In neighborhoods nationwide, more than 2.6 million homeowners live in deteriorating, physically inadequate homes that threaten their health and safety, including those near Allegiant Stadium, the site of Super Bowl LVIII. Having a safe and healthy home is foundational to so many aspects of our lives, from a sense of community and safety to physical and mental well-being, to economic security and independence. Through its national network of affiliates, Rebuilding Together works proactively and collaboratively with community leaders, long-term residents, funders, and volunteers to foster dialogue and create safe, healthy communities across the country. Kickoff to Rebuild represents Rebuilding Together’s belief that every neighbor should have the opportunity to live in a safe and healthy home and community, and to remain in the places they call home. To date, through Kickoff to Rebuild, Rebuilding Together has made improvements to more than 176 homes, engaged 5,200 volunteers, and invested $6 million to communities in need. Lowe’s has partnered with Rebuilding Together since 2007, and has worked together to revitalize communities and improve the lives of thousands of our neighbors over the years. In 2023, Lowes announced a two-year, $6 million donation to Rebuilding Together to address urgent housing challenges by providing safe homes for veterans, seniors, people with disabilities, families with children, and neighbors impacted by disaster. This year’s event was led by the nonprofit’s local affiliate, Rebuilding Together Southern Nevada, which has helped provide more than 7,800 Las Vegas families with safer community spaces and healthier homes over the past 30 years. As part of this project, volunteers, local contractors and members of the community came together to provide essential repairs including roof and door replacements, extensive bathroom upgrades, exterior painting, landscaping improvements, and new water heaters all at no cost to the homeowners. Additionally, the Boys & Girls Club of Southern Nevada’s John C. Kish Club received a fresh coat of paint to its large gymnasium to provide a safe and enjoyable place for youth to play, learn, build relationships and grow. To learn more, and to find out how to get involved, visit rebuildingtogether.org Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 13, 2024 11:53 AM Eastern Standard Time

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Türkiye’s First Direct NYSE-Listed Company, Marti Technologies, Benefits As Ride Hailing Takes Off

Benzinga

By Meg Flippin, Benzinga Ride-hailing is taking off in Türkiye, particularly in cities from Istanbul to Izmir to Antalya, as the middle class grows, the population increases and people trade private vehicles and public transportation for on-demand rides. Marti Technologies Inc. (NYSEAMERICAN: MRT), the leading mobility app company hailing from Türkiye, is capitalizing on that growing demand. The company, which launched its app in 2019, matches riders with car and motorcycle drivers and operates a large fleet of rental e-mopeds, e-bikes and e-scooters. Marti Technologies reports that it became the number one mobility app in Turkiye in 2020, a year after its application launch, and has retained that position every year since. The company also reports that it has over 4.5 million unique riders on its application, and its ride-hailing service boasts 452,000 unique riders and 100,000 registered drivers. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. Trailblazing With Its U.S. Listing Another important milestone, one that's rare for a Turkish company, is a direct U.S. listing. But that’s exactly what Marti accomplished this past summer, debuting on the NYSE. Marti was able to pull off the U.S. listing by merging with Galata Acquisition Corp. (NYSE: GLTA). The deal was first announced in August of 2022, and Marti began trading about a year later. Marti reports that its NYSE debut was the first direct listing of a company in Türkiye, and it is expected to serve as a model for other companies in Türkiye and the region that want to tap the public markets in the U.S. The fact that Marti chose this pioneering financing model underscores the growth potential for ride-hailing in the country, particularly in the Turkish metropolises. Marti’s public listing was recognized as the International Equity Capital Markets Deal of the Year by Bonds, Loans, and ESG Capital Markets CEE (Central and Eastern Europe), CIS (Commonwealth of Independent States) & Türkiye Awards 2023. McKinsey & Company, the consulting firm, estimates the taxi market size in Türkiye was between $9 billion to $12 billion as of 2021. By 2030, McKinsey & Co. forecasts that the ride-hailing market could grow to between $15 billion and $20 billion. Checking Off All The Boxes When the deal was first announced, Marti said the U.S. listing would help it go after the fast-growing Türkiye market, maintain its leadership position, expand its scale and reach to retain customers – and do all of it in an environmentally friendly way. “In its first four years, Marti has achieved significant traction for its mobility products, strong growth and best-in-class unit profitability,” Alper Oktem, Founder and CEO of Marti, said at the time. “We are privileged to have the support of top-tier investors and access to the U.S. capital markets following the closing of this proposed transaction, which will leave Marti well-capitalized to seek to become Türkiye’s first mobility super app by expanding into other attractive adjacencies, leveraging our growing and loyal customer base.” Since that announcement, Marti seems to have checked all those boxes and then some, showcasing growth that seems similar to ride-hailing leaders in the U.S. such as Uber Technologies Inc. (NYSE: UBER). Month-over-month in December Marti saw ride-hailing riders grow 19% and registered drivers grow 11%. Both areas grew faster than the company expected, underscoring how big of an unmet need it serves. Given the growth in riders and drivers, the company expects to have more than 700,000 riders and over 120,000 registered drivers by March 31, 2024. If Uber is any evidence, those double-digit growth rates may continue as Marti establishes itself as a leader in the region. For Uber’s third quarter, which it announced in November, the ride-hailing leader posted a 31% year-over-year increase in mobility gross bookings – and that’s in saturated markets. More importantly, it was able to achieve profitability in its ride-hailing business, the largest part of its operation. While Marti is currently in a legal battle with the taxi association of Istanbul, the notoriously poor quality of service of taxis in the city clearly suggests that an alternative solution is necessary. The UEFA Champions League final, soccer's most prestigious club event globally, took place in Istanbul in 2023, and the competition's governing body UEFA advised all fans and tourists visiting the city to not use taxis for transportation. The problems endemic to the taxi sector in Turkey range from not picking up locals to charging exorbitant unmetered fees to tourists to verbal and physical violence. Future Plans And Growth Potential Marti may be focused on ride-hailing for now, but the company plans to expand into other areas of mobility and services, which will increase sales and improve its bottom line. While it's sporting a market capitalization of around $40 million as of mid-January 2024, Marti recently launched a share buyback program, and there may be a lot of potential. One only has to look at the valuations of some of Türkiye’s successful online to offline services businesses including e-commerce giant Trendyol, grocery delivery company Getir and food delivery app Yemeksepeti, for evidence. Trendyol, which is majority-owned by Alibaba Group Holding Ltd. (NYSE: BABA) – China’s leading e-commerce company, which is one of the country’s first decacorns with a valuation of more than $16 billion – while Getir sports a valuation of around $2.5 billion and Yemeksepeti was acquired by Delivery Hero in a $589 million deal. Türkiye is reportedly unique in that local players, not international ones, tend to lead in the market and grow organically through investments and via M&A. Over the years Alibaba has invested $1.4 billion into Türkiye and plans to invest as much as $2 billion more. Given Türkiye’s strategic location between Europe and Asia, Alibaba sees Türkiye as the perfect pit stop to fuel the e-commerce giant’s expansion in Europe. As a result, it has been investing to build up logistics and data centers in key locations in the country. It’s not just Alibaba that is eyeing Türkiye for expansion. Shein, the fast-fashion brand, recently started manufacturing in Türkiye, and in the fall, Amazon.com Inc. (NASDAQ: AMZN) opened its first logistics center. All of that could fuel the rise of the middle class in Türkiye and the need for rides in cities, which means potentially more business for Marti. The ride-hailing market seems to be taking off in Türkiye, and Marti seems well-positioned to capitalize. It's already a leading app and has the name recognition of a U.S. listing and the backing of investors in U.S. markets. It doesn’t yet boast the market valuation of its larger rivals in the U.S. and can’t claim decacorn status in Türkiye, but that also indicates room to grow. Marti has the pedal to the metal and plans to stay in the lane for the years to come. Featured photo by Anna Berdnik on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 13, 2024 08:30 AM Eastern Standard Time

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Sail Into The Season of Love and Friendship with Norwegian Cruise Line

YourUpdateTV

Travel Expert and Editor-in-Chief of Cruise Critic, Colleen McDaniel, teamed up with Norwegian Cruise Line on a nationwide satellite media tour to discuss top cruise destinations, tips for planning, and much more. A video accompanying this announcement is available at: https://youtu.be/uPu9vc9Oo8c Love is in the air, and this February it's all about reconnecting with those we cherish most. Whether you are celebrating Valentine’s Day with your romantic partner, or Galentine’s Day, the celebration of female friendships founded by the legendary, but fictional Leslie Knope from Parks and Recreation, with the heroines in your life, February is a reminder of the extraordinary connections with friends, family and partners. There’s no better way to reconnect with the important people in your life than by disconnecting from the whirlwind of daily responsibilities and embarking on a new journey together. Cruises provide the perfect setting for couples seeking a romantic escape, where they can indulge in exquisite restaurants, multiple bars and lounges, relaxing spa treatments, and adult-only areas for the ultimate dreamy getaway. Couples looking to splurge on their vacation can stay in The Haven by Norwegian®, NCL’s ship-within-a-ship luxury, keycard access only complex with a private restaurant, bar, lounge, 24-hour butler, and concierge service. The Haven offers couples a truly private experience when they want to be alone, as well as easy access to all of the excitement and attractions of the rest of the ship. And for those looking to celebrate their friendships – cruises are a great way to nurture those cherished connections and maximize the time spent with those most important. Finally, cruising is an easy way to explore popular destinations like Europe and Hawaii. NCL offers a great variety of immersive European itineraries visiting multiple countries in one voyage with few sea days and an average of 10.5 hours in port that allows for guests to bond and indulge in culturally rich destinations. In 2024, NCL will have 10 ships in the region, including the newest ships, Norwegian Prima and Norwegian Viva, offering couples and groups of girlfriends an array of itineraries sailing through the Mediterranean, Northern Europe and Greek Isles. NCL is also the only cruise line to offer exclusive seven-day inter-island Hawaii cruises —one of the most sought-after voyages featuring nearly 100 hours of port time. The award-winning sailing visits the idyllic islands of Oahu, The Big Island; as well as two overnight stays in Maui and Kauai making it the perfect way to honeymoon with your partner or the most photo-worthy trip with your girls. Visit ncl.com to learn more about available itineraries and the best deals to start planning your ultimate vacation at sea. About Colleen McDaniel Colleen McDaniel is Editor-in-Chief of Cruise Critic, the world’s largest online cruise resource. She considers cruising to be a true passion, having traveled the world by water – from Alaska, the Caribbean and Hawaii, to Europe’s rivers, Antarctica and Africa – on ships of all shapes and sizes. She’s regularly quoted as a cruise expert in media outlets across the country, including outlets like The Associated Press, Good Morning America, CNN, FOX Business, CNBC, The New York Times, Travel + Leisure and Skift. Cruise Critic is the world’s largest cruise reviews and information site, offering a comprehensive resource for cruise travelers -- from first-time cruisers to avid cruise enthusiasts. The site features more than 50M+ opinions, reviews & photos and hosts the world's largest online cruise community. Cruise Critic is a subsidiary of TripAdvisor, Inc. About Norwegian Cruise Line As the innovator in global cruise travel, Norwegian Cruise Line has been breaking the boundaries of traditional cruising for 57 years. Most notably, the cruise line revolutionized the industry by offering guests the freedom and flexibility to design their ideal vacation on their preferred schedule with no assigned dining and entertainment times and no formal dress codes. Today, its fleet of 19 contemporary ships sail to 450 of the world's most desirable destinations, including Great Stirrup Cay, the company's private island in the Bahamas and its resort destination Harvest Caye in Belize. Norwegian Cruise Line not only provides superior guest service from land to sea, but also offers a wide variety of award-winning entertainment and dining options as well as a range of accommodations across the fleet, including solo-traveler staterooms, club balcony suites, and The Haven by Norwegian®, the company's ship-within-a-ship concept. For additional information or to book a cruise, contact a travel professional, call 888-NCL-CRUISE (625-2784) or visit www.ncl.com. For the latest news and exclusive content, visit the NCL Newsroom and follow Norwegian Cruise Line on Facebook, Instagram, Tik Tok and YouTube @NorwegianCruiseLine; and Twitter @CruiseNorwegian. Norwegian Cruise Line is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH). To learn more, visit www.nclhltd.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 12, 2024 12:39 PM Eastern Standard Time

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Government of Maharashtra and Pegasus Capital Advisors Sign MoU to Boost Food Security and Food Processing Sector

Pegasus Capital Advisors

The Government of Maharashtra and Pegasus Capital Advisors have entered into a cooperation Memorandum of Understanding (MoU) aimed at exploring the potential of maximizing opportunities in the food security and food processing sector in Maharashtra. This agreement was formalized during the Government of Maharashtra's participation at the World Economic Forum 2024. The MoU outlines a collaborative effort between Pegasus Capital Advisors, a global private markets impact investment fund, and the Government of Maharashtra to explore and develop food processing units in the state of Maharashtra and the UAE. The Government of Maharashtra will share an operational plan within 90 days, detailing the opportunities for collaboration and identifying trusted partners and entities. Maharashtra, with its robust agriculture sector and logistical capabilities, is well-positioned to address the GCC food security needs and this collaboration with Pegasus Capital Advisors aligns with the government’s vision to empower 11 million farmers in the state. Craig Cogut, Partner at Pegasus Capital Advisors, expressed enthusiasm about the partnership, stating, "We are eager to contribute to the vision of creating a sustainable food processing economy and empowering millions of farmers in Maharashtra. This partnership is important to building a resilient and integrated food supply chain and strengthening natural farming practices." The Government of Maharashtra's ambitious initiative focuses on addressing the UAE's and GCCs immediate food basket requirements, promoting increased production capacity, and supporting the development of the food processing sector. The comprehensive plan encompasses key aspects designed to bring about transformative changes in the food security and food processing sector. First, it prioritizes the empowerment of Maharashtra's 11 million farmers, facilitating their access to markets and cutting-edge agricultural technology through strategic partnerships. Secondly, the initiative positions Maharashtra as a long-term supplier of essential food items such as millet, soybean, wheat, and sugarcane, effectively meeting the pressing food security needs of the UAE. The third focal point involves the establishment of state-of-the-art food processing units in both Maharashtra and the UAE, promising the creation of skilled employment opportunities and a significant economic boost for both regions. Lastly, by leveraging the UAE as a pivotal export hub, the collaboration seeks to penetrate new markets in the GCC, Central Asia, and Africa, establishing a robust and diversified food supply chain. These key aspects collectively underscore a holistic approach that addresses immediate food security concerns and fosters economic growth, technological advancement, and international trade. The collaborative effort seeks to achieve positive economic, social, environmental, and health impacts for the UAE and India. Notable outcomes include empowering farmers, boosting the Indian economy through exports, building food processing infrastructure in the UAE, and promoting the "Make in India" and "Made in UAE" vision. About Pegasus Global Capital Advisors Pegasus Capital Advisors is a leading global private markets impact investment manager, dedicated to fostering sustainable and inclusive growth. As the first U.S. private equity fund manager accredited by the Green Climate Fund, Pegasus Capital Advisors invests in companies and technologies that aim to make a measurable, long-lasting impact. Explore more at www.pcalp.com. Contact Details Courtney Bonness Riff City Strategies courtney.bonness@riffcitystrategies.com Company Website https://www.pcalp.com/

February 12, 2024 10:00 AM Eastern Standard Time

Bitcoin Price Prediction: Bitcoin (BTC) to Break $50k in Feb, Pullix (PLX) Set to Steal the Show For Gains

Pullix.io

The good news is Bitcoin (BTC) is coming back, the market is booming and investors are reaping the rewards. As the effect of the Bitcoin ETF begins to ease off, Bitcoin price has begun to increase and analysts are projecting more rallies as the speculated bull market gets closer. Meanwhile, the Pullix presale has amazed the crypto community with over $5 million raised. Pullix is a top-level DeFi coin and is set to be a breath of fresh air for investors who have to constantly deal with high transaction fees on many exchanges. More details below. Pullix Witnesses 15,000 Participants, Set to End Presale in 70 Days With Bitcoin coming back, Pullix will outshine many established cryptos in the next bull run. Even with the project being new in the crypto market, the Pullix ongoing presale has been a huge success, attracting the attention of whales based on its unique idea of developing a hybrid trading platform. The project has raised over $5 million in presale and is expected to raise more funds before the presale ends. With Binance, Coinbase, and Kucoin notorious for high transaction charges that reduce investors’ profitability, constant security vulnerabilities, and lack of liquidity, investors are looking for alternative platforms to lift these burdens. As such, Pullix will be the first hybrid platform to merge the features of both centralized and decentralized exchanges. The Pullix platform will be a non-custodial exchange, allowing investors a firm grip and control over their assets. The Pullix platform will provide top-notch security, liquidity, and faster transaction processing to solve the myriad of problems of the established exchanges completely. As a result, investors have flocked to the Pullix project endlessly. Over 15k users have already registered on the platform and more than 80 million PLX tokens have been sold so far. Pullix has been listed on CoinGecko and the native token, PLX, an ERC20 token is sold for only $0.10. There is also a 10% bonus which will be given to the token buyers now before the project is launched in 70 days. Early investors who joined the presale in the first stage already got over 150% ROI. As the presale winds down, investors can earn a fixed daily percentage of the platform's revenue through the profit share model of the Pullix platform. After the presale, there will be a token burn feature to stabilize the price of the PLX tokens already in circulation. With a potential ROI of 100x at launch, Pullix is a top DeFi coin that can give investors a significant profit in 2024. Bitcoin (BTC) to Hit $50k as Market Condition Improves Bitcoin (BTC) has been on a remarkable surge recently after the aftermath of the Bitcoin ETF began to ease off. The Bitcoin price has increased by 24.73% in the past 90 days as the road leading to the bull run gathers momentum. Having traded between the high of $48,969 to the low of $38,521 in the last 30 days, the coin may be set for another spark soon. The BTC price has seen an over 11% rally in the past week with the Bitcoin trading volume and market cap also experiencing an uptrend. These are signs of high trading activity which experts believe will trigger a rally in the coming days. With continued whale injection resulting in Bitcoin market dominance, analysts predict that the Bitcoin price may hit $50k before the end of Q1 of 2024. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Pullix is a new DeFi protocol that is launching a hybrid exchange that will seamlessly blend the strengths of centralized and decentralized exchanges into one unified platform. Serving as the pioneer of “Trade-to-Earn” our native token $PLX empowers the community to earn a portion of the daily revenues generated by the exchange. Disclaimer: Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Pullix Pr Team contact@pullix.io Company Website https://pullix.io/

February 12, 2024 08:00 AM Central Standard Time

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