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North Bergen opposes bill allowing mixed-use developments in office parks and retail centers

North Bergen officials have voiced opposition to pending state legislation regarding zoning, urging that the legislation not advance further. Mayor Nicholas Sacco and the North Bergen Board of Commissioners voted unanimously to approve a resolution at a recent June meeting.

The aforementioned legislation is S-2103 in the New Jersey state Senate and A-1294 in the New Jersey General Assembly, which would authorize the conversion of certain office parks and retail centers to mixed-use developments. However, the township is arguing this would essentially take away “home rule” when it comes to planning and zoning.

In the senate, the primary sponsor of the legislation is state Senator Troy Singleton for the 7th Legislative District, including Burlington. In the assembly, the bill is sponsored by Assemblymembers Louis Greenwald, Clinton Calabrese, Mila Jasey, and Raj Mukherji, who represents the current 33rd Legislative District including Jersey City, Hoboken, and Weehawken. All sponsors are Democrats. The bill is still in committee in both the senate and assembly.

‘Local officials best for land use and zoning rules’

According to the resolution, local officials, because of their unique knowledge of local conditions, are in the best position to determine land use and zoning regulations.

The resolution states that this unique knowledge is used to develop a Municipal Master Plan, which is adopted with the goal of promoting the health, safety, and welfare of the public, and only after careful and thoughtful consideration by local officials for its compatibility and consistency with other state, county and regional plans, such as the State Development and Redevelopment Plan, the Coastal Area Facility Review Act, the Highlands Water Protection and Planning Act, the Pineland Protection Act, the County Solid Waste Management Plan and Water Quality Management Plan.

The Municipal Master Plan guides the determination to designate land use and zoning districts, which help effectuate the careful development plans and goals outlined within the Master Plan, according to the resolution. The Municipal Land Use Law lays out a comprehensive system allowing for and detailing the process in which applicants for development may seek to deviate from these careful and deliberate land use and zoning regulations through the municipal zoning board’s review of a variance, the resolution states.

According to the resolution, consideration of a land use variance is done by local officials, taking into account the variety of circumstances including the proposed deviation’s impacts on the goals of the Master Plan. The resolution states that the Local Redevelopment and Housing Law provides municipalities with substantial tools to support the redevelopment of blighted sites, including the creation of site-specific redevelopment plans and numerous financial incentives.

Standing against the legislation

According to the township, the legislation would pre-empt local control over land use and zoning regulations, allowing certain qualifying office park and retail center properties to be permitted, as of right, to redevelop as a mixed-use development, not requiring a use variance.

The bill would require a planning board approve an application for development to convert and eligible property to a mixed-used development unless the application causes “substantial detriment to the public good” and “substantially impairs” the intent and purposes of the zone plan and zoning ordinance,” a vague standard that the township said “may be difficult if not impossible to overcome.”

The legislation may interfere with municipalities implementing alternative visions for the redevelopment of office park and retail center properties, including as industrial sites, parkland, or sites for needed infrastructure, according to the township’s resolution.

Additionally, the bill would interfere with existing and potential Redevelopment Plans that were specifically developed to address office park and retail center properties, the resolution states. On top of that, the legislation does not take into account conditions such as flooding and future climate risk that may impact the suitability of a site for mixed-use development, the township argues in the resolution.

The township argues that this “top-down approach, eliminating local land use planning regulations undermines the recognized benefits of municipal land use regulation, without providing the appropriate review for deviation as outlined within the Municipal Land Use Law.”

Following its passage on June 22, a copy of the resolution was forwarded to, Senate President Nicholas Scutari, Assembly Speaker Craig Coughlin, Governor Phil Murphy, and the League of Municipalities.

Fighting to keep ‘home rule’

The township and other municipalities currently have a say over it’s zoning. That would be taken away under this legislation, Township Administrator Janet Castro told the Hudson Reporter following passage of the resolution.

“We have home rule. We approve our own project, we approve our own zoning,” Castro says. “And we can do that. This in essence, the legislation, takes that away from us.”

As such, the township is fighting for the right to keep planning and zoning in-house.

“The legislation basically takes away home rule,” Castro says. “It takes away the authority of the municipality. So we’re opposing this legislation.”

For updates on this and other stories, check www.hudsonreporter.com and follow us on Twitter @hudson_reporter. Daniel Israel can be reached at disrael@hudsonreporter.com.  


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Flint man gets stiff rap for‘retail fraud’ | Local News

CORUNNA — Flint-resident Jason Enzor, 35, was sentenced to a term up to 60 months (minimum 23) in prison Friday in Shiawasse County’s 35th Circuit Court for the crime of retail fraud in the first degree.

Enzor’s sentencing follows a conviction on April 12, stemming from charges that he stole over 45 cans of baby formula, two tote bags and a waste basket from Meijer in Caledonia Township over four trips in May 2020.

The stolen items were cumulatively valued at a price of $1,000.00 or more, according to court records.

Enzor is a habitual offender. He was twice previously convicted of a felony or an attempt to commit a felony. In 2012, he was convicted of possession of cocaine in the state of Kentucky. He was also convicted of first-degree retail fraud in October 2016 in Genessee County.

First-degree retail fraud in Michigan is a felony punishable by imprisonment up to 5 years and fines up to $10,000 or three times the value of the property stolen — whichever is greater.

“There are consequences here. We’re not prepared to tolerate this,” Stewart said.

Enzor did not take too kindly to his sentence.

“You just sentence me to 23 (expletive) months?” Enzor asked.

“I just did sentence you to 23 (expletive) months,” Stewart responded.

Patrick Allen, assistant Shiawassee County public defender, said Enzor is seeking help for his vices.

“He’s stealing to fuel his habit,” Allen said. “He’s been incarcerated since Sept. 2020 in one form or fashion. He’s looking to get some help.”

“I hope he gets the help he needs, but stealing’s not going to help anybody,” said Prosecuting Attorney Scott Koerner.

“I’ve been in jail or prison for 21 months, and I’ve learned my lesson. I want to go home,” Enzor said.

Enzor already has credit for 110 days served in prison towards his sentence. He also has to pay $2,280.15 in restitution, along with state and court costs, for a grand total of $3,439.15.


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The ‘Mini IPO’ – How Companies Are Raising Capital From Retail Investors Without Being Publicly Listed

Growing a business is hard, especially when they have limited access to capital. Thousands of businesses with the potential to make a positive impact on the world fail every year simply because they don’t have the capital to scale or sustain growth.

Raising capital from friends and family can only take a company so far and access to venture capital can be extremely competitive, not to mention expensive. Founders often find themselves forced to give up a majority share of their company to venture capitalists in early funding rounds.

The other traditional option of raising capital through an initial public offering (IPO) by selling shares of the company that will then be traded on the stock exchange simply isn’t feasible for most early stage companies. The process involves a tremendous amount of red tape and hefty ongoing costs.

Regulation A+: The “Mini IPO”

The JOBS Act established the framework for Regulation A+, which was created to provide small companies with a more streamlined and cost-effective means of raising capital from individual investors.

Under Regulation A+, companies can now sell securities to the general public, including non-accredited investors, without the burden and costs that go along with becoming a publicly reporting company.

This regulation is now being used by several companies to raise growth capital, fund real estate deals, and even fractionalize and sell shares of assets like real estate, artwork, collectibles and even race horses.

Knightscope KSCP recently raised two rounds of funding through Regulation A+ before becoming publicly listed on NASDAQ.

Dalmore Group, the leading broker-dealer for Regulation A+ raises, has already helped over 200 companies raise capital under this regulation. Some companies that currently have offerings include Aptera Motors, Boxabl, Home Bistro, SafeRx and dozens of others.

Benzinga will be talking with Etan Butler from Dalmore Group during a free live event at 2:00 PM ET on June 28, 2022, about how companies can use a streamlined process for launching a Regulation A+ offering. This even will be live on YouTube.

Image by Prostock-studio on Shutterstock


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Retail group calls for in-store mask mandate to go

A retail lobby group says masks should no longer be mandatory in stores, but a health expert says New Zealand needs to toughen up on the policy or Kiwis risk getting sicker.

Orange traffic light rules continue to mandate face coverings in stores, but Retail NZ’s chief executive Greg Harford told 1News that the mask requirements were past their use-by date.

“The reality is that customers are over the mask rules. Fewer than a third of customers are wearing them around the country,” he said.

READ MORE: NZ still ‘lagging behind’ on opening up – Flight Centre boss

“Countries overseas have moved on – there’s no mask requirements in retail in places like Australia or the UK or the US.

“We need to start moving forward as well.”

Retailers say mask exemptions are easy to obtain and that WorkSafe has advised them to avoid engaging with customers who don’t want to mask up.

“Having a mandatory requirement that applies across the board, that’s not enforced, just doesn’t make any sense,” Harford said.

He said it was time to make retail mask use recommended – but optional.

READ MORE: Health system hit hard by winter illness, Covid numbers persist

But one leading health expert says the concerns for retailers are only part of the picture amid a pandemic.

Epidemiologist Professor Michael Baker.

Otago University epidemiologist Michael Baker said New Zealanders needed to mask up more, not less.

“We need a huge shift in thinking if we’re going to keep on top of this virus,” he said.

Baker said Omicron, and particularly its more infectious new sub-variants, were “very good” at escaping the immunity offered by both past infections and vaccines.

“So I think more than ever we need to rely on masks.”

He called on the government to produce a new national strategy on masking.

READ MORE: More than 150 experts plea for classroom masking over winter

Baker also said that higher-quality, affordable masks needed to be readily available, and that tighter masking rules were needed in schools.

Covid Response Minister Ayesha Verrall said mask-wearing remained “incredibly important” and that “current rules are helping keep pressure off the health system”.

Verrall said New Zealanders should “keep up good mask-wearing, as reinfection is still a possibility”.


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Jenelle Evans’ ex Kieffer Delp arrested for retail theft, criminal conspiracy

Teen Mom 2 alum Jenelle Evans and her ex-boyfriend Kieffer Delp
Jenelle’s ex, Kieffer Delp, was arrested earlier this month. Pic credit: Jenelle Eason/YouTube and MTV

Teen Mom 2 alum Jenelle Evans’ ex-boyfriend Kieffer Delp has found himself in legal trouble once again.

It’s been years since Teen Mom 2 viewers were introduced to Kieffer during Jenelle’s time on the series. The former couple — notorious for their bad decisions, drug use, and run-ins with the law — dated from 2010 until 2012. They had an on-and-off romance for several years before ultimately ending their relationship in 2016.

Although Kieffer has been out of the public eye for several years, his name has turned up in headlines for various arrests.

Kieffer Delp, ex-boyfriend of Jenelle Evans arrested for retail theft, criminal conspiracy

No stranger to being arrested, Kieffer’s latest charge saw him picked up and charged with one count of misdemeanor theft and one count of criminal conspiracy. The arrest occurred on Saturday, June 11 in Allegheny County, Pennsylvania, where Delp resides.

Court records show that the charges were filed on June 16. According to In Touch Weekly, 32-year-old Delp’s conspiracy charge was ultimately dropped and it’s unclear whether or not Delp has entered a plea.

In 2018, Delp was arrested for operating a meth lab out of his former McKees Rock, Pennsylvania apartment. Several charges were listed and Delp offered to take a plea deal which included operating a methamphetamine lab and possession with intent to deliver, and risking a catastrophe. Delp’s plea deal meant he agreed to serve 18 to 36 months in a state correctional facility in Allegheny County, Pennsylvania.

kieffer delp's arrest records for retail theft and criminal conspiracy from the PA magisterial district court
Pic credit: The Unified Judicial System of Pennsylvania Web Portal

Kieffer was released in February 2020, only to be picked up again, this time for jumping bail for an outstanding warrant.

Jenelle and Kieffer’s relationship on Teen Mom 2

Teen Mom 2 viewers watched as Jenelle and Kieffer spiraled into heavy drug use and lived out of Jenelle’s car during their time together. All the while, the duo caused Jenelle’s mom, Barbara Evans, plenty of stress as she cared for Jenelle’s son Jace.

Following their split, Jenelle moved on with her now-husband David Eason. Jenelle and David wed in 2017 and share one biological child, their 5-year-old daughter, Ensley Jolie. Jenelle also shares her son, Jace, with her ex Andrew Lewis and her other son Kaiser with her ex-fiance Nathan Griffith.

Teen Mom: The Next Chapter is currently in production and will premiere in the near future, combining the casts of Teen Mom OG and 2.


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Retail workers union owns empty $1.9 million condo

The powerful retail workers union headed by Amazon killer Stuart Appelbaum spent $1.9 million buying a luxury midtown condo that sits unoccupied.

A subsidiary of the Retail, Wholesale and Department Store Union plunked down the cash for the two-bedroom condo at 325 Fifth Ave. in 2017, city records show.

The 41-story building at 32nd Street includes a swimming pool, spa and screening room.

The purchase was made by the RWDSU Realty Corp., without any oversight from the union’s executive board, according to Ted Hunt, who heads a union local in Michigan and is seeking to oust Appelbaum as president.

“Somehow spending union money on a lavish lifestyle while we are losing members is somehow acceptable and condoned by the existing leadership. I am sure that our membership would find this lavish spending morally corrupt,” Hunt says on his SaveThe RWDSU website.

He told The Post that the board only approved the purchase after a former union official, Allen Mayne, alerted the federal Department of Labor, which opened a probe.

"Somehow spending union money on a lavish lifestyle while we are losing members is somehow acceptable," Ted Hunt complained.
“Somehow spending union money on a lavish lifestyle while we are losing members is somehow acceptable,” Ted Hunt complained.
savetherwdsu.com
The building includes a swimming pool, a spa, and a screening room.
The building includes a swimming pool, a spa, and a screening room.
Brian Zak/NY Post

Mayne, who had been director of collective bargaining, told The Post he was illegally terminated from the union and then reached a settlement agreement with it.

Appelbaum, in an April 2022 memo, said a “disgruntled former employee” made “baseless allegations” about the union’s operations that were investigated by the DOL. He said the agency found no wrongdoing and closed the case.

As proof, he enclosed a letter from the Cozen O’Connor law firm, which the union hired, saying the matter was closed.

“The Department of Labor has not provided any documentation saying they were cleared of anything,” Hunt disputed.

A Labor Department spokesman did not return a request for comment from The Post.

The union said the condo was purchased with proceeds from the sale of another property and was considered an investment.

Appelbaum has led the union since 1998.
Appelbaum has led the union since 1998.
Erik Thomas/NY Post

“The RWDSU has a long and successful history of growing union funds by smartly investing in real estate through the RWDSU Realty Corp,” Appelbaum said in a statement to The Post. “This arrangement put the union in its best financial shape ever and will enable the union to fund organizing efforts for years to come.”

A union spokeswoman said the apartment was used by out-of-town union officers and staff when they come to New York for business and had resulted in “significant savings” in hotel and meal costs.

The union’s expense for the apartment in yearly property taxes alone are $34,385, city records show.

Appelbaum, 69, a member of the Democratic National Committee, has headed the 50,000-member union since 1998.

He was considered instrumental in killing Amazon’s plan to open a second headquarters in Long Island City that would have created 25,000 jobs. Former Gov. Andrew Cuomo’s office blasted the RWDSU after the deal fell through in 2019, even though Appelbaum was one of Cuomo’s biggest supporters.

Hunt, 45, who works at a Post Foods plant in Battle Creek, Mich., said he wanted to bring more accountability to the union.


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ERC: UP, Meralco pact is pilot for power retail aggregation scheme

ERC: UP, Meralco pact is pilot for electric retail aggregation scheme

Electricity wires | INQUIRER.net stock photo

MANILA, Philippines — The Energy Regulatory Commission (ERC) on Friday announced the start of its Retail Aggregation Program with an agreement between the University of the Philippines and Manila Electric Company (Meralco).

ERC chairperson Agnes Devanadera said the Retail Aggregation Rules, a memorandum of understanding between UP and Meralco, has been signed to establish the electric retail aggregation scheme in the campus setting.

The Retail Aggregation Program aims to combine and empower electric end-users of a particular area by allowing them to create aggregate accounts and pick their preferred power provider.

“We have just promulgated the Rules for the Electric Retail Aggregation Program which is another means of empowering consumers to exercise their freedom of choice,” Devanadera, who also acts as ERC chief executive officer, said in a statement.

“The Rules on Retail Aggregation took effect today as we celebrate the launch of the Pilot Implementation of Retail Aggregation,” she added.

The ERC explained that the Retail Aggregation Program or Retail Aggregation Rules is a set of standardized rules and procedures regarding the “aggregation of electricity requirements of end-users in the Competitive Retail Electricity Market (CREM).”

This, it added, would allow consumers in a cluster, for example, a subdivision, to form an aggregate group that would transact with electricity service providers — which then provides people situated in the aggregate areas with an option on which company they should tap for their power service.

This makes the market competitive as users do not have to rely on a single company to provide electricity for them, the ERC said.  For users, they can opt for electric services that may be lower than the current prices.

The ERC also explained that the Retail Aggregation Rules would apply to the following portions of the electric supply chain:

  • End-users
  • Retail Electricity Suppliers (RES)
  • Local Retail Electricity Suppliers (Local RES)
  • Distribution Utilities (DUs)
  • Suppliers of Last Resort (SOLR)
  • National Grid Corporation of the Philippines (NGCP)
  • Central Registration Body (CRB)
  • All other relevant industry participants, as applicable.

Meanwhile, the following areas may be qualified to be considered as aggregate groups:

  • Subdivisions
  • Villages
  • Business Districts
  • Special Economic Zones
  • Condominium buildings
  • Commercial establishments such as malls
  • Mixed-used development complexes
  • Such other geographical areas where similarly situated end-users are located in which supply of electricity can be measured through metering

The ERC said that as of April 22, there are 1,897 contestable consumers – or customers in areas where there may be more than one electricity provider. These 1,897 contestable consumers have a total electric supply-demand of 3,924.53 megawatts (MW).

“The Retail Aggregation Program is a scheme wherein two or more end-users or all end-users within a contiguous area joined together and are treated as a single Contestable Customer, based on the current threshold demand prescribed under the rules, wherein such Contestable Customer shall be part of the Contestable Market, and enjoy the benefits enjoyed by the Contestable Customers in the RCOA,” the ERC noted.

Devanadera thanked UP and Meralco for starting the initiative, which she believes would benefit customers who will now have options.

“The ERC would like to thank the UP and MERALCO for their initiative in making possible this pilot implementation. This pilot will help promote Retail Competition and Open Access,” she said.

“With their partnership, we hope that the electricity consumers will be more enlightened about the benefits of retail aggregation which ultimately is for the consumers to have the power to choose from among the electricity suppliers that offer better rates and better services,” she explained.

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Judge rules Gorillas dark store is not a ‘retail outlet’ and must close

The Gorillas store ordered to close. Photo: S Boztas

A ‘dark store’ from the fast delivery company Gorillas in Amsterdam’s De Pijp district has been ordered to close or face a €20,000 fine.

It is the second warehouse for speedy delivery to fail to overturn a city order in court in recent months, as local councils freeze new store openings and reconsider future planning rules.

In the last two years, a stream of companies have opened offering deliveries of everything from alcohol to biscuits ‘at your door in minutes’. Customers order through an app on their mobile and (electric) cyclists speed through the city to take the goods from storeroom to sofa as quickly as possible.

But cities like Amsterdam – where competing start-ups Getir, Zapp, Flink and Gorillas vie for market share – have also seen a tidal wave of complaints from residents living near the warehouses. They have been dubbed ‘dark stores’ since the windows are typically blacked out and they are not open to customers to walk in and pick something off the shelves.

Complaints

Amsterdam has received 906 complaints since January 2021, according to an answer to written questions, and this January ordered a freeze on any new dark store openings. Last month, the city proposed legislation to ban dark stores from residential and mixed-use areas, limiting them to business parks and industrial terrain.

Head of planning Marieke van Doorninck said: ‘The complaints and nuisance there is already shows that these branches cannot – or can scarcely – be combined with a liveable neighbourhood.’

In May the municipality ordered three stores of Getir, Zapp and Gorillas based in De Pijp to close, saying they did not comply with the zoning plan. The Zapp branch has gone, with news leaking that the firm is exiting the Dutch market. A court hearing for a Getir branch – which now allows customer pick-ups and claims it is a normal shop – is scheduled for July.

However a judge on Monday did not need the scheduled two weeks to issue a judgement on a Gorillas store on the Gerard Douplein, a stone’s throw from the busy Albert Cuypstraat market.

Bike outside the dark store ordered to close Photo: S Boztas

Nuisance

In a testy court hearing, Teun Blom, for Gorillas, argued that its warehouse should be considered ‘retail trade’, falling under the zoning plan, and claimed that the real problem the council was trying to solve was an excess of delivery bicycles.

‘The apparent problem is that the city is more full of delivery bicycles than before,’ he said. ‘If we look at the thought behind it, the nuisance from delivery bikes, it seems that this is one of the reasons to come to a decision and start enforcement on dark stores.’

He claimed that people who live in a busy neighbourhood cannot complain about nuisance from a new type of business. Blom also said that 92% of complaints about the particular store came from an upstairs neighbour, disturbed by the sounds of trolleys and vacuum cleaning – which a toy store would also cause. He said that Gorillas had ‘started to insulate the building to ensure noise nuisance is tackled’.

Reinier van Velden, head of legal affairs in the Netherlands for Gorillas, added that he felt emails to council heads were not answered. He also accused council wardens – without evidence – of trying to ‘falsify a report’.

Battle for the residential streets

Losses

Remco Sipman, acting for Amsterdam city council, said that the Gorillas warehouse did not fit the legal definitions of a ‘retail’ store, no permission had been requested to legalise it, and it was not the will of the council to do this anyway due to ‘public disorder’.

The judge – who at the hearing told Gorillas it was acting at its own risk in moving into a location without being sure it fitted the zoning plan – ruled that it is indeed in contravention of planning permission. He gave Gorillas until 12 midnight on Friday June 24 to clean up and stop operations.

On Saturday morning, most Gorillas bicycles were gone from outside the store and no delivery staff were visible, although there were lights on inside.

Dutch media have questioned whether the new verdict is the beginning of the end for the venture capital-funded fast delivery company sector, which has already announced job losses and is feeling pressure from investors to demonstrate that it can be profitable.

Reaction

Joost Munning, who collated a complaint from 115 local residents last November about nuisance related to dark stores in De Pijp, said some people were ‘delighted’ that a judge had upheld the municipal closure order.

‘The direct neighbours I spoke to are absolutely thrilled that they don’t have the noise any more of trucks loading and unloading, and no bicycles on the pavement,’ he said in an email. ‘Living next to the Zapp dark store [which has closed], I experience no more noise pollution. They don’t wake me up any more at six or seven in the morning. It is such a relief. It feels like we are getting our neighbourhood back.’

Dutch News has asked Bleinheim, the law firm for Gorillas, for a reaction.

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Health department announces May retail food inspections

The Jackson County Health Department retail food establishment inspections for May 2022 recently were released.

Critical violations are defined as a provision of the Retail Food Establishment Sanitation Requirements, Title 410 IAC 7-24, that, if in noncompliance, is more likely than other violations to significantly contribute to food contamination, illness or environmental health hazard. Example: Hot food not being held at 135˚F or warmer, cold food not at 41˚F or below or food contact surfaces contaminated.

Noncritical violations are provisions of the Retail Food Establishment Sanitation Requirements, Title 410 IAC 7-24, that, if in noncompliance, is not likely to significantly contribute to food contamination, illness or environmental health hazards but are issues of concern. Examples: No hair restraints or mop being left in a mop bucket rather than being allowed to air dry.

Repeat violations are issued when a follow-up inspection finds that a previous issue has not been corrected and the establishment continues to be noncompliant and present a hazard.

Inspections

Brownstown Central Middle School, 620 W. Walnut St., Brownstown

No violations.

Brownstown Central High School, 500 N. Elm St., Brownstown

No violations

Brownstown Elementary School, 612 S. Base Road, Brownstown

No violations

Lutheran Central School, 415 N. Elm St., Brownstown

No violations

St. John’s Sauers Lutheran School, 1058 S. County Road 460E, Seymour

No violations

Medora Community Schools, 82 S. George St., Medora

No violations

Sandy Creek Christian Academy, 5707 N. Sandy Creek Drive, Seymour

No violations

Seymour Middle School, 920 N. O’Brien St., Seymour

No violations

St. Ambrose Catholic School, 301 S. Chestnut St., Seymour

No violations

Crothersville Community Schools, 109 N. Preston St., Crothersville

No violations

New Transform Healthy, 906 E. Tipton St., Seymour

No violations

Steak ‘n Shake: 1640 E. Tipton St., Seymour

2 critical violations (multiple food contact surfaces found heavily soiled, containers and utensils found heavily soiled)

12 noncritical (no hair restraints being used by any employee at start of inspection, shake containers not protected from potential contamination, spoons not stored with handles up, wash, rinse and sanitize procedures not being followed, bottom of refrigerators, shake machines and back splashes not being cleaned frequently enough to prevent the accumulation of food particles, containers not allowed to air dry before stacking together, air vents have an accumulation of mold-like substance, leaking faucet on three-bay sink, premises not cleaned frequent enough to prevent accumulation of dust and grease, exhaust hood in sandwich prep area needs serviced and cleaned, all unused materials needs to be removed or stored in an orderly manner).

Pizza Palace, 832 W. Tipton St., Seymour

2 critical violations (employees not washing hands regularly, open employee drink on prep table)

2 noncritical violations (freezer doors not closing properly, hair restraints must be worn)

Indiana Nutrición, 406 E. Second St., Seymour

1 noncritical violation (ice scoop handle in contact with ice)

Far Out Fitness and Health, 1171 W. Tipton St., Suite J, Seymour

No violations

Camp Pyoca, 886 E. County Road 100S, Brownstown

No violations

Pizza Hut, 1411 E. Tipton St., Seymour

3 noncritical violations (air vents by carryout sign need cleaned, vent hood has paint or sealant that is peeling or chipping, both exit doors must have the door sweeps adjusted or replaced)

San Marcos, 501 N. Ewing St., Seymour

2 critical (raw shrimp must be stored below 41 degrees (probed at 56 degrees), employees must wear gloves when handling ready-to-eat foods)

Old Buffet China, 1246 E. Tipton St., Seymour

1 critical (clean dishes found soiled)

2 noncritical (gap in rear entrance door, not allowing dishes to air dry before stacking)

Stag’s Mobile Kitchen, 526 Enos Road, Seymour

Approved for operations in Jackson County

Dairy Queen, 115 W. Commerce St., Brownstown

4 noncritical (liquid in the bottom of the topping cooler and soft serve machine, rear exit door not closed, flying insects are present in the ice cream area, nonfood areas need cleaned more frequently)

Papa John’s Pizza, 600 E. Tipton St., Seymour

No violations

Sno Biz Mobile, 1019½ E. Tipton St., Seymour

Approved for operations in Jackson County

Walmart Supercenter, 1600 E. Tipton St., Seymour

3 critical (multiple dented cans found throughout the isles, dried food particles found on slicer in deli area, multiple unlabeled chemical bottles found in the facility)

2 noncritical (handwashing sink in baking area had bucket lids stored in it, door sweep on emergency exit door needs repaired or replaced)

Caribbean Cuisine 509, 103 N. Chestnut St., Seymour

5 critical (eggs not held below 45 degrees, no date labels being used for precooked foods, all food prep surfaces found heavily soiled, dirty dishes piled up in mop sink, excessive evidence of pest activity observed in the facility)

9 noncritical (product not stored 6 inches off floor, dishes not washed on a regular basis, water collecting in bottom of reach-in cooler, drain leaking on three-bay sink, no paper towels at handwashing sink, buildup of food debris in handwashing sink, bare wood cannot be used as a prep surface, sleeping quarters are not permitted in a food establishment, all surfaces need cleaned more frequently)

Brenda’s Ice Cream No. 2, 112 W. Second St., Seymour

Approved for operations in Jackson County

Medora music festival

Inspected and permitted four temporary food booths: The Grill Wagon, Hungry Turtle, Tailgaters BBQ and Bell’s Phoenix Kitchenette

Knights of Columbus Frühlingsfest

Inspected and permitted nine temporary food booths: Lazy J’s Kettle Corn, Schwätzer’s German Restaurant, Bob and Kev’s BBQ, Miss Piggy’s Pork Shop, Sati Babi, Psi Iota Xi, Enter His Courts, Mr. Beefy’s and Knights of Columbus

Hen and Chicks Barn Market

Inspected and permitted seven temporary food booths: Little Angel Creations, Phi Beta Psi Theta Omega Chapter, Rosie Jean’s Sweet Tea and Jesus, Indy Annie’s Kettle Corn, Hoover’s Candy, Gypsy Moon and Cup of Joy

The link for the Jackson County Health Department website is jacksoncountyhealth.org.


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Copper River reds holding their own in retail prices

Copper River sockeye salmon were holding their own in retail prices in mid-June, even as commercial harvesters in Western Alaska and Cook Inlet began their own deliveries of the red salmon to processors. Photo by Margaret Bauman for The Cordova Times

Copper River red salmon continued to hold their own in retail prices in mid-June as the Copper River District continued to deliver robust catches to processors and more commercial salmon harvesters in the Alaska Peninsula, the Kodiak area and Cook Inlet added deliveries of thousands of fish.

By Tuesday, June 21, the Alaska Department of Fish and Game’s preliminary 6,214 deliveries of 1,060,395 salmon, led by the Copper River District drift gillnetters with 2,736 deliveries of some 349,875 fish, including 340,565 sockeyes, 10,437 Chinook, 8,914 chum, 3 coho and two pink salmon.

Coghill district drift gillnetters showed 2,129 deliveries of 313,303 fish, including 293,299 chum, 19,712 sockeyes and 292 Chinook salmon.

The statewide preliminary harvest total was calculated by ADF&G biologists at upwards of 4.7 million fish, including 3.2 million sockeyes, 921,000 chum, 561,000 pink, 47,000 Chinook and 1,000 coho.

Demand for the Copper River salmon, when available, was fetching $29.99 a pound at the Pike Place Fish Market in Seattle and $13.99 a pound at Costco stores and 10th & M Seafoods in Anchorage.

Fishmongers at Fred Meyer supermarkets said they would not be receiving any more Copper River reds and were selling fresh fillets of other wild Alaska sockeyes for a lower price.

Fishermen in the South Alaska Peninsula showed deliveries of 3.1 million fish, including 2,357,000 sockeyes, 554,000 pink, 206,000 chum and 1,000 Chinooks, while the North Alaska Peninsula had a catch of some 5,000 red salmon,

Kodiak fishermen had deliveries of 304,000 fish, led by 250,000 sockeyes, plus 45,000 chum, 7,000 pink and 1,000 coho salmon.

In Cook Inlet the central district had deliveries of some 5,000 sockeyes and the northern district brought in another 2,000 red salmon.


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Retail deals undermined by end of cheap money | Business

Finance markets were red hot last year and the billionaire Issa brothers were able to fund their audacious takeover of Asda easily with a record breaking £2.25 billion sterling junk bond.

However, their debt binge, which has left Asda paying £375 million a year in interest, has been blamed for mopping up all of the market’s appetite and dampening investor demand for any more retail deals.

What’s worse for those whose merger and acquisition plans follow in the wake of the Issas is that Asda’s bonds are now trading below par due to intense market volatility, a worsening retail environment and the threat of further interest rate rises. As a result investors have become even more unwilling to back fresh funding, causing dealmaking to dry


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Future Retail’s objections to resolution professional misplaced: Bank of India counsel

A counsel for Bank of India (BoI) has termed Future Retail’s (FRL) objections against appointing Deloitte’s resolution professional (RP) for the latter’s insolvency proceedings as “misplaced and based on incorrect information”.

Insolvency firm Deloitte India Insolvency Professionals (DIIP) is separate and different from the auditor firm Deloitte Haskins and Sells (DHS) and these are completely independent and separate entities. The RP is a partner of DIIP and has not been a partner of DHS for the last 10 years, BoI counsel Ravi Kadam informed the National Company Law Tribunal (NCLT) during the course of the hearing on Friday.

Further, there are no common partners among these two entities and DHS had not audited Future Retail in the past 10 years, the BoI counsel, informed the tribunal, quoting a declaration filed by the RP.

Terming the objection to the appointment of RP as “misplaced and based on incorrect information”, Kadam said DIIP is an insolvency professional entity, registered with the Insolvency and Bankruptcy Board of India, and works on assignments assisting insolvency professionals.

The argument came after FRL, a part of the beleaguered Future Group, had on Tuesday sought changing the proposed RP, citing “conflict of interest”. The proposed RP — backed by Deloitte India — is also an auditor to certain other Future Group companies, hence a new RP should be appointed, FRL counsel Shyam Kapadia had told the tribunal.

In April, FRL’s lenders led by BoI had selected Vijaykumar V Iyer as the RP.
The tribunal’s Mumbai bench will continue to hear the petition filed by US retail major Amazon opposing BoI’s insolvency petition against FRL, on Monday.

In May, Amazon had filed an application after BoI moved the bankruptcy court seeking to initiate a resolution process against FRL. Amazon is opposing the initiation of insolvency proceedings, alleging the banks had colluded with FRL and that bankruptcy proceedings at this stage will compromise its rights.




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Despite opposition, commissioners approve storage unit, retail space

Despite opposition, commissioners approve storage unit, retail space

Two developments in the area of Highway 16 and Old Highway 85 near Senoia were approved by the Coweta County Board of Commissioners despite opposition from the public.

In the face of opposition from members of the public, the Coweta County Board of Commissioners approved two commercial developments near Senoia at their meeting Tuesday.

The board approved the rezoning of 3.372 acres of land on 6599 Highway 16 East from Rural Conservation, or RC, to C-8, or Heavy Commercial, for the purpose of constructing a storage facility, and the rezoning of 1.045 acres of land on the former roadbed of Old Highway 85 from Rural Conservation to C-6, or Commercial Minor Shopping District, for the purpose of constructing retail space.

The storage facility would include a parking area for recreational vehicles, and according to Neal Spradlin, who represented applicant Frazier Properties, the facility would meet a demand that he suggests exists in the area.

“Research has shown us there is a significant unmet demand for storage facilities like this,” Spradlin said. “You know how many houses have been built in our county and specifically in that southeastern part of the county in that area. There are some other storage facilities in the area, but there is an unmet need for storage facilities and outdoor parking.”

Spradlin said that a number of homeowners’ associations expressly prohibit parking of boats, trailers and other recreational vehicles.

The vote was cast in spite of opposition, both in the form of petitions and in the form of public comment, and when the commission voted in favor of the developments, audible frustration could be heard from the public.

Around 400 signatures were made opposing the developments between June 4 and June 21, with many arguing that the development would worsen the traffic on Highway 16, while others suggested that the development would work to harm the rural character of the Senoia area.

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During the meeting, residents took aim at commissioners for approving the measure, including Michael Caswell who did not mince words

“What good is this going to do for our community?” Caswell asked. “This is a country community besides these little stores popping up in our houses. What good is this going to do for us? This is going to destroy our area. You’ve got homes, on the other side, you think they want to look at this? You’ve got a school on the other side of that, you want to build this next to a school, with little kids running around the other side?”

Caswell argued the developments were not necessary, and the residents in the community were opposed to it.

“It’s destroying the country environment that Coweta County’s supposed to be,” he said. “That’s why people moved to this area. They want to be in the country. They don’t want to be around all this.”

After the storage facility was approved, the board went on a short break, then held a public hearing for the retail space.

“I’m just wondering, is this a joke?” Caswell said during the public comment portion of the retail space item. “You deliberated 10 seconds but you sat here for 15 minutes trying to accommodate everything he was asking for, do you guys work for him?”

Commissioner Paul Poole who represents the area and who motioned in favor of both developments, responded, stating he didn’t appreciate what Caswell was saying. However, Chairman Bob Blackburn allowed Caswell to continue.

“You have freedom of speech, go ahead,” Blackburn said to Caswell.

Caswell did go on, arguing the proposals didn’t make “a lick of sense.”

“I feel like we’ve not been heard,” said nearby resident Candy Carson. “The petition of 500 people were dismissed without a bit of consideration, that’s a substantial number of people that live in that neighborhood that were impacted by this. We don’t want this, we have to live there every single day, drive past this, and we feel like this is a done deal and we’re wasting our breath.”




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Apple plans to bargain with Maryland retail store after union vote

Apple intends to bargain with the newly formed labor union at its Maryland retail store, according to Reuters.

Apple Inc will not challenge the results of a vote by workers at its Towson, Maryland, store to join a labor union and intends to participate in the bargaining process in good faith, a person familiar with the company’s plans told Reuters on Friday.

Reuters

Union efforts have reached Apple Store locations in New York, Georgia, and around the country. The Maryland retail location became the first store to unionize last Saturday after a 65 to 33 vote was held. President Biden praised the retail workers on Monday, expressing his pride for the workers exercising their right to organize.

The company has discouraged union efforts in part by arguing that it would be less flexible in improving employee benefits if negotiations were a factor. 

In May, Apple increased wages for retail workers in a move that was clearly meant to satisfy those in favor of unionizing. Apple similarly issued a wage increase a decade ago after a series of articles by the New York Times brought attention to working conditions. 

Future organizing is expected to reach a dozen Apple Stores around the U.S. as the union push continues to spread.

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:


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Coinbase Poised to Launch Derivatives Product Aimed at Retail Traders

Coinbase plans on launching a new crypto derivatives product aimed at retail traders. Coinbase Derivatives Exchange, formerly FairX, will launch its product on June 27th: Nano Bitcoin Futures (BIT). This is the first product of its kind and would provide retail traders with hedging options.

Coinbase is awaiting regulatory approval on its own futures commission merchant license. In a statement sent to CoinDesk, Coinbase said, “The crypto derivatives market represents $3T in volume worldwide and we believe that additional product development and accessibility will unlock significant growth.” The statement also noted that “at 1/100th of the size of a Bitcoin, it requires less upfront capital than traditional futures products and creates a real opportunity for significant expansion of retail participation in U.S. regulated crypto futures markets.”

Crypto derivatives are something of a hot-button issue, particularly against the backdrop of the crypto winter. Some regulators, including Dutch regulator Paul-Willem van Gerwen, head of Capital Markets and Transparency Supervision at the Dutch Authority for Financial Markets (AFM) see these products as risky, saying last month that he wanted to ban them from retail use. “I maintain that the trade in crypto derivatives should be restricted to wholesale trade.”

Coinbase purchased FairX earlier this year with the goal of launching retail derivatives products. FairX launched its futures exchange platform back in 2021.

The stock has reacted well, going up following the announcement. Derivatives trading tends to be more robust than spot trading. Binance, for example, saw $52.5 billion in derivatives volume in the 24 hours through early Friday afternoon compared to just $12.7 in the spot, according to Barron’s.

As the crypto space continues to rebound after a brutal stretch, investors have the chance to capitalize on the recovery. The Invesco Alerian Galaxy Crypto Economy ETF (SATO) has Coinbase as one of its biggest holdings and stands to benefit from the company’s launch of this new platform.

For more news, information, and strategy, visit the Crypto Channel.

vettafi.com is owned by VettaFi, which also owns the index provider for SATO. VettaFi is not the sponsor of SATO, but VettaFi’s affiliate receives an index licensing fee from the ETF sponsor.


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As consumers spend more on gas and food, a shadow looms over retail

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Retail sales held up pretty well in the first half of the year, even accounting for inflation’s impact on the numbers. But with consumers spending more on food, gas and experiences instead of discretionary goods, it’s not clear how retail will do in the second half.

It’s been a head-spinning shift. Late in the pandemic, consumers were “flush with cash,” thanks to the federal government’s support and lighter spending on services like dining out, according to Wells Fargo analysts led by Edward Kelly.

“However, budgets are now being pinched as food prices … fuel, and other everyday items remain elevated while stimulus/SNAP dollars dry up,” Kelly said in a Thursday research note on grocery retail.

The deterioration was seen quite clearly last month, when the usual Memorial Day spending bump didn’t materialize, according to research from The NPD Group. Due to inflation, consumers are spending more than they were pre-pandemic but getting less: Compared to May 2019, dollar sales were up 18%, but unit demand was down 1%. Furthermore, U.S. dollar sales of discretionary general merchandise ended 2% lower than last year’s results, while unit sales were 8% lower, per NPD.


“Budgets are now being pinched as food prices … fuel, and other everyday items remain elevated while stimulus/SNAP dollars dry up.”

Edward Kelly

Senior Equity Analyst, Wells Fargo Securities


S&P analysts Sarah Wyeth and Diya Iyer pinpointed a week in May as “the official end to the good times the retail sector has been experiencing since 2021 as various macroeconomic data releases and earnings announcements forced the market to reconsider their view of consumers’ resilience in the face of decades-high inflation.”

Lower and middle-income consumers are feeling the pinch most keenly, according to their report. That showed up in the first-quarter results at Walmart and Target, though Kelly’s team at Wells Fargo observed share gains at lower priced retailers like wholesale clubs, mass merchants and dollar stores, which they believe will continue. Wells Fargo analysts also said that higher-income consumers could also change their behavior more drastically as the pressures get to them too.

As those analysts and others also note, households are dedicating more of their budgets to necessities. Spending at gas stations rose to nearly 5% of consumer spending in May, according to Earnest Research — almost 2 percentage points above historic levels and the highest level since Earnest began tracking this metric five years ago. Fuel prices have risen steadily since Russia’s invasion of Ukraine, Earnest researchers said.

While the consumer pivot seems stark, inflation has persisted for months now. Over the 12 months ending in April, total personal consumption expenditures prices rose 6.3%, or 4.9% not including food and fuel, Federal Reserve Chair Jerome Powell told Congress this week. Russia’s war in Ukraine and mangled supply chains still affected by the pandemic are major factors, he said.

“We are highly attentive to inflation risks and determined to take the measures necessary to restore price stability,” he also said, adding that the central bank will work to stay on top of any unintended consequences of its actions. “The American economy is very strong and well positioned to handle tighter monetary policy.”

Meanwhile, consumers are taking steps of their own. About a third told Jungle Scout researchers that they cut back on personal spending this quarter, while 24% said they spent more. The percentage of those who would switch from their favorite brand based on price rose 12% quarter after quarter, with nearly half saying a brand is their favorite because of low prices, according to Jungle Scout’s report.

NPD researchers found that 83% of U.S consumers plan to make changes to reduce their product spending in the next three to six months, making demand less predictable even compared to what retailers saw during the first two years of the pandemic. The trends have implications for the holidays, as peak shopping periods spread out and consumers buy lower-priced goods, according to Marshal Cohen, chief retail industry adviser at The NPD Group.


“Change is on the way when it comes to consumer spending.”

Marshal Cohen

Chief retail industry adviser, The NPD Group.


“Change is on the way when it comes to consumer spending,” Cohen said in a statement. “As consumers partake in summer vacations, concerts, sporting events, and other service-based spending, general merchandise retailers must prepare for more intense competition for wallet share, but that is just part of the new pattern emerging.”


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Coinbase Readies Its Nano Bitcoin Futures for Retail Clients

Source: AdobeStock / mehaniq41

 

Major crypto exchange Coinbase is introducing certain derivatives to retail clients on June 27.

On Monday, Coinbase Derivatives Exchange will launch Nano Bitcoin futures (BIT) – its first listed crypto derivatives product, the company said.

Coinbase Derivatives Exchange is a Designated Contract Markets (DCM) futures exchange regulated by the US Commodity Futures Trading Commission (CFTC). Bitcoin futures track the price movements of bitcoin (BTC), allowing investors to gain exposure to the coin but without having to actually hold the underlying asset.

BIT futures will initially be available for trading via several broker intermediaries, said the exchange’s head, Boris Ilyevsky, naming retail brokers EdgeClear, Ironbeam, NinjaTrader, Optimus Futures, Stage 5, and Tradovate, as well as clearing firms ABN AMRO, ADMIS, Advantage Futures, ED&F Man, Ironbeam, and Wedbush.

Ilyevsky added that,

“Coinbase is awaiting regulatory approval on its own futures commission merchant (FCM) license so we can offer margined futures contracts directly to our clients.”

The BIT Futures contract will offer benefits such as “around-the-clock trading, lower upfront investment, leverage and the ease of going long and short,” but “with the retail trader in mind.”

Per Ilyevsky,

“At 1/100th of the size of a Bitcoin it requires less upfront capital than traditional futures products and creates a real opportunity for significant expansion of retail participation in US regulated crypto futures markets.”

According to a May report by crypto market data provider CryptoCompare, CME’s monthly futures volumes across BTC and ethereum (ETH) contracts saw “a surge” in volume in May, “indicating a rise in speculative activity.” BTC futures contracts in CME recorded the highest number traded since February 2021 with a volume of 250,650 – up 65% since April.

____

Learn more: 
Coinbase Bets On ‘Enterprise-Grade’ Liquid Staking Business
Coinbase Pro Users Not Happy With Its Discontinuation, Cite Lower Fees

Coinbase Says It Grew Too Quickly and Now Lays Off 1,100 Employees
New Coinbase Disclosure Reminds Bitcoin & Crypto Owners: ‘Not your Keys, Not your Coins’

Binance, FTX To Dominate Bitcoin Futures in 2022, But DEXes Also Gaining Ground – Report
Slow Start for Third Bitcoin ETF, Lower Costs Could Attract More Capital


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FGN bond designed to accommodate retail, fixed-income investors – Stockbroker

A stockbroker, Mr Abiodun Fagbohun, says the Debt Management Office designed the Federal Government of Nigeria (FGN) bond to accommodate small-time, retail investors.

Fagbohun, the Chief Executive Officer of a stockbroking firm told the News Agency of Nigeria (NAN) on Friday in Abuja that the current arrangement was a departure from the past.

In the past, institutions like banks and pension funds administrators were the ones who took advantage of FGN products.

According to Fagbohun, the DMO, along with the stockbroking community, is trying to ensure that the general public can participate in the bond market.

“We created this window through the FGN Savings Bond, whereby retail investors with as low as N5,000 can also participate in the market.

“For example, if you put about N10,000 in your savings account, you will earn like 2 per cent interest per annum.

“With the FGN savings bond, you can earn between 9 per cent and 10 per cent interest per annum.

“It is a good opportunity which was not there for the retail investors before now,’’ he said.

He said the holding of the enlightenment programme in parts of the country was informed by the need to take the awareness close to the people.

“We have been to Lagos, Enugu and Ibadan. We will be in Kano next week informing the general public about the availability of this product and how it works,’’ he said.

According to Fagbohun, response to the awareness programmes has been positive adding that all that is needed is improvement on the publicity.

“We should let people know about the product and also make it easy for them to subscribe,’’ he said.

He said that the idea of the Federal Government borrowing through the various FGN securities was not a problem, provided the borrowings were judiciously used.

“Nobody has a problem with debt; households take loans; businesses take loans. Such debts should be used for infrastructure projects and for the productive sector of the economy.

“The government has to make sacrifices and ensure fiscal prudence and continue to ensure that scarce resources are judiciously allocated,’’ Fagbohun said. (NAN)




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Retail Inflation May Exceed Top Of RBI Band Until December: Shaktikanta Das

Retail Inflation May Exceed Top Of RBI Band Until December: Shaktikanta Das

RBI Governor Shaktikanta Das Das also said India’s economy is stable.

Mumbai:

India’s central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday.

“We are well on track to bring down inflation and inflation expectations. Until December, CPI is expected to remain higher than the upper tolerance level. Thereafter, it is expected to go below 6% as per our current projections,” Das said.

Retail inflation eased marginally in May, after touching an eight-year high of 7.79% in April, but remained above the central bank’s tolerance band of 2-6% for a fifth month in a row.

Das said despite current inflation being driven by supply-side factors, monetary policy still plays an important role when inflation rises since household price expectations are backward-looking.

“Inflation expectations influence not only households but also businesses and drive up pricing of food, manufactured goods and services. If they expect inflation to be high, even companies will defer their investment plans,” he added.

Das also said India’s economy is stable and continues to steadily recover from the shock of the COVID-19 pandemic.

He said pressure on the rupee, which hit a record low of 78.39 against the dollar on Wednesday, was largely due to the monetary policy tightening in advanced economies to tackle high inflation.

“In such a situation, there will be outflow of capital from emerging market economies. It is happening across emerging market economies. This is nothing but the spillover of the monetary policy actions in advanced economies,” he said.

But added that India’s foreign exchange reserves are quite strong at around two-and-half times the country’s short-term foreign debt and the country’s macroeconomic fundamentals are far better than many other countries.

India’s monetary policy committee (MPC) raised rates by 50 basis points earlier this month, after a 40-bps increase in May, to prevent growing inflationary pressure from becoming broad-based. Further hikes are expected in coming months.


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