The 17th annual Myrtle Beach Marathon is this Saturday, February 15, at 6:30 a.m. If you’re looking for a flat and fast 26.2 miles then this is your race! With a beautiful course that follows along the awe-inspiring Atlantic Ocean, you’ll wind your way through the famous Million Dollar Mile. This is a perfect course for your friends and family to get involved.The entry fee for the marathon is $125. The Runner’s Expo, which is at the Myrtle Beach Convention Center, is where you’ll be able to collect bibs, t-shirts, and race info. It’ll be open on Thursday from 5-9pm and Friday from 11am-9pm.For those looking to run a little less, there are a number of options. On Friday, there will be a Neon Night 5K and Ripley’s Family Fun Run. The Dasani Half Marathon takes place on Saturday, starting at the same time as the full.All participants can enjoy a post-race party at the House of Blues in North Myrtle Beach where there will be free food and refreshments from 5-7pm. Tickets for guests and non-participants are $20. Awards and trophies will be available for pick-up at this event.The Myrtle Beach Marathon, and all associated events, are produced entirely by volunteers. On race weekend, more than 1,000 volunteers are needed to aid participants in many different ways from registration, shirt hand-out, water, food and aid stations to the finish line. All volunteers receive a free Volunteer T-shirt, free entrance, food and beverage at one of the two post race parties, and the grateful thanks of the Marathon Committee and all participants. If you would like to volunteer and help us make this a memorable event for all participants, please click here. We are constantly updating and adding new volunteer opportunities.
“It is clear that this hiatus has played an important role in maintaining macroeconomic stability during the shockwave that has struck the domestic economy in recent months,” Jónsson said.Guðrún Hafsteinsdóttir, chair of the Icelandic Pension Fund Association (Landssamtök lífeyrissjóða, LL), also wrote a letter today to the lobby group’s members encouraging them to keep on with the currency buying suspension, following her meeting with Jónsson.In the statement from the central bank, Jónsson said that in the past few years, Iceland had been transformed from a capital-importing country with a sustained current account deficit to a capital exporter with a large current account surplus – a shift he said was in large part down to the growth in pension assets, which had laid entirely new foundations for the maintenance of macroeconomic stability in recent years.“This has certainly been of benefit to Iceland in the past few months,” Jónsson said.Pension funds’ foreign investments in particular were very important in the long run, both for fund members and the nation as a whole, he said.Icelandic pension funds have been focusing on re-building their exposure to foreign investment markets over the last four years after capital controls were finally lifted following their imposition in the island country’s 2008 financial collapse.The governor of the Central Bank of Iceland said today foreign assets were important in order to diversify their risk and prevent pension benefit payments from having an adverse impact on the economy in the future.“Furthermore, the pension funds’ foreign investments are necessary in order to maintain balance of payments equilibrium alongside a current account surplus, export-driven output growth, and job creation,” he said.The bank said it appreciated the social responsibility the pension funds were demonstrating during the ongoing crisis, and that its cooperative relationship with the sector had attracted attention abroad and been mentioned explicitly in statements from international credit rating agencies.“This cooperative relationship is dynamic in nature, in that it will be possible to respond quickly if conditions in the foreign exchange market change in a way that enables the pension funds to resume foreign investment and the associated foreign currency purchases,” said Jónsson.To read the digital edition of IPE’s latest magazine click here. Iceland’s pension funds are to refrain from buying foreign currency for another three months, according to a decision by the country’s central bank today, extending the arrangement which started on 17 March.Ásgeir Jónsson, governor of the Central Bank of Iceland, said: “It has now been decided to extend the hiatus by another three months, or until 17 September 2020.“With this, the pension funds have once again demonstrated their commitment to supporting stability in the foreign exchange market,” he said.The foreign exchange suspension for pension funds was originally agreed three months ago at the beginning of the COVID-19 crisis, in order to avoid adding to the downward pressure on the krona from the big fall in export revenues.
Associated Press July 13, 2020 AP Source: Washington Redskins shedding name after 87 years Share This StoryFacebookTwitteremailPrintLinkedinRedditWASHINGTON (AP) — AP Source: Washington Redskins shedding name after 87 years.