In the first 7 days, Poreč Bike Share attracted more than 300 users

first_imgPoreč Bike Share, the most modern system for automatic bicycle rental that provides citizens and guests of Poreč with a simple, fast and affordable form of transport in the city, in just seven days attracted over 300 users who made more than 500 rentals and pedaled more than 1000 kilometers.Poreč Bike Share consists of 70 bicycles arranged at 5 stations that can be rented at any station and also returned at any other station, which significantly facilitates uninterrupted cycling for all users. This Valamar investment is worth more than one million kuna, and was realized in cooperation with Sistema javnih bicikla doo, a licensed nextbike partner known throughout Europe.But, most importantly, Poreč received additional content, and it is precisely the quality, variety and most importantly authentic content that makes a tourist destination successful.last_img read more

Deutsche Bank aims to boost longevity liquidity with index launch

first_imgHe added that the LEO would supplement existing approaches to risk management and help create greater liquidity in the market, lowering prices for participants.The OECD has repeatedly called for governments to help “kick-start” functional longevity risk markets by issuing bonds linked to individual population’s liquidity. Deutsche Börse had similarly predicted that ETFs could be used to trade longevity, and the UK’s Life & Longevity Markets Association has long pushed for a more liquid market, proposing a framework to set standards for indices.Deutsche said the LEO incorporated survival rates based on publicly available population data from national statistics bodies, referencing five year groups based on gender.The bank said its product would at first target UK and Dutch investors, with products based around the population of the Netherlands and people in England and Wales – the latter based on data provided by the UK’s Office of National Statistics. Deutsche Bank has launched a longevity risk index in the hope that it will increase liquidity within the market.The company said the Longevity Experience Options (LEO) was meant to provide a standardised approach, allowing pension funds to further hedge longevity risk.Paul Puleo, head of pensions and insurance risk markets, noted that many of the current approaches to hedging longevity risk were “costly and time-consuming”.“While we expect the bespoke market will continue to grow, the next step in development of this market is to make longevity risk management available to a broader range of market participants,” he said.last_img read more

Ontario Reign’s Martin Frk breaks Zdeno Chara’s hardest shot record in AHL skills competition

first_imgWhen his opportunity came, Frk showed the world that his slap shot is more than worthy of the NHL. He hammered the puck 109.2 mph to set a professional record, sending the hometown crowd at Toyota Arena into a frenzy.NHL PLAYOFF PICTURE: Breaking down potential first-round matchups at the All-Star breakMartin Frk beats Zdeno Chara’s hardest shot record with an insane 109.2 mph shot in the AHL skills competition— Brady Trettenero (@BradyTrett) January 27, 2020To put this in perspective: Chara, who took the 108.8 mph shot in 2012, stands 6-9 and weighs 250 pounds. Montreal Canadiens captain Shea Weber, who won this weekend’s NHL Hardest Shot competition (106.5 mph), is 6-3 and weighs 229. Frk is 6-1, 205, and he bested the tallest player in NHL history by 0.4 mph.Frk told reporters after the event he used a stick with a 70 flex number to take the shot. A hockey stick’s flex affects how stiff the stick is; general guides to stick flexes say as a starting point to determine a stick flex they find comfortable, players should divide their weight (in lbs). Based on that rule, Frk’s stick flex should be closer to 100 — meaning he uses a more flexible stick to shoot than many of his peers likely do. Boston Bruins captain Zdeno Chara held hockey’s record for hardest shot for eight years; he unleashed a 108.8 mph slap shot at the 2012 NHL All-Star Skills Competition. On Sunday, AHL forward Martin Frk bested that number.Frk is currently employed by the Los Angeles Kings, but he has played much of this season for their AHL affiliate, the Ontario Reign. His excellent season with the farm team (30 points in 33 games) earned him a place in the AHL’s All-Star Weekend in Ontario, Calif., and an opportunity to participate in the minor league’s own hardest shot contest. “I still can’t believe I actually beat [Chara], because he can absolutely rip it,” Frk said. “Maybe I can get a chance to talk to him — it’s just a really cool moment for me.”The AHL’s Western Conference ultimately won the skills competition, which is similar to the NHL’s, 18-15. The AHL All-Star Challenge will be played Monday.The Kings signed Frk, 26, as a free agent last July.last_img read more