Weak global trade, fears that the U.K. is marching towards a hard Brexit, and polls indicating that the U.S. election remains a tighter call than markets are pricing in have led a bevy of analysts to redouble their warnings that a backlash over globalization is poised to roil global financial markets—with profound consequences for the real economy and investment strategies.
From the economists and politicians at the annual IMF meeting in Washington to strategists on Wall Street trying to advise clients, everyone seems to be pondering a future in which cooperation and global trade may look much different than they do now.
Global policymakers fret discreetly about Republican candidate
by: Shawn Donnan and Claire Jones in Washington
The world’s economic elite spent this week invoking fears of protectionism and the existential crisis facing globalisation while avoiding any mention of Donald Trump by name.
But the US presidential candidate and his anti-establishment politics have loomed large at this week’s annual meetings in Washington of the International Monetary Fund and World Bank. He has been a sort of Voldemort for the global economic order — like the villain in Harry Potter, his name is spoken only in hushed tones and behind closed doors.
“It is terrifying,” said one senior official of the prospect of a Trump victory in the November 8 election before laying out a scenario in which a President Trump would lead the US into a default on its debts, the collapse of the dollar and US treasuries as safe haven assets and the tumbling of the global economy into a 1930s-like crisis.
Mr Trump has raised the possibility of trying to renegotiate the terms of the US sovereign debt much as he did repeatedly with his own business debts as a property developer. He also has proposed imposing punitive tariffs on imports from China and Mexico and ripping up existing US trade pacts.
Ridgewood NJ, Registration for the next session of YWCA Bergen County programs starts Monday, October 17 at 8:30 a.m. Classes run from October 30 through December 23 at the YWCA’s 112 Oak Street, Ridgewood location, and members can register at www.ywcabergencounty.org, by phone, or in person.
For Kids & Teens: Children’s Dance for ages 3 to 13 introduces and fosters love of movement through Ballet, Jazz, Tap and Hip Hop classes. Tiger Sharks Swim Team for ages 5 to 18 combines team sport and individual challenge with an emphasis on skill development, positive values, and competitive experiences. American Red Cross Certified Swim Classes for every age and level teaches lifelong fitness and safety skills in a fun and therapeutic environment. Water Polo for ages 10 to 18 years teaches game strategy, swim techniques, and water polo skills like throwing and shooting goals with one hand while treading water.
For Adults: POP Pilates Express is an incredible fusion of ab-chiseling and total body defining moves, choreographed to your favorite Top 40 hits. This intense, mat based workout challenges students to rhythmically flow from one exercise to the next, developing a rock solid core, while leaving no muscle untouched. 360 Movement Fitness Classes cross-train the body with a wide variety of challenging and motivating group fitness classes.
For Seniors: Fitness and Friendship Fridays is a free fun, social and informative monthly speaker series. Guest speakers from Hackensack UMC will be discussing a range of topics. Active Older Adult Fitness Classes provide a friendly and supportive environment to help improve member’s health and well-being.
Plus: WEN is Now: A Women’s Empowerment Network, dozens of other fitness, wellness, and enrichment programs. Drop-in child care is also available at the 112 Oak Street, Ridgewood facility. Visit www.ywcabergencounty.org or call 201-444-5600 for more information.
Washington Township NJ, A two (2) vehicle crash at the intersection of Pascack Road and Leigh Terrace in Washington Township sent at least two (2) individuals to Hackensack University Medical Center’s Trauma Unit on Friday afternoon, 10/07. The “Jaws of Life” were required to free one (1) individual from a wrecked Toyota Camry. Two (2) paramedic units responded to the incident. Washington Township FD personnel were assisted by Westwood firefighters. Both vehicles were removed from the scene by a flatbed tow truck. Washington Township PD is investigating the crash.
Location: Woman’s Club of Ridgewood, 215 W. Ridgewood Ave, Ridgewood, NJ
Carson Kressley Emmy-Award Winning TV personality, Style Expert,
Fashion Designer & New York Times Best Selling Author
Television Personality, CARSON KRESSLEY, will meet/greet and take photos for his new book: Does This Book Make My Butt Look Big?. Tickets are $35 and include a signed copy of the book. *This Event will be held at The Woman’s Club of Ridgewood*
Wednesday, October 12th !
Talk, Signed Book, Meet/Greet!
& Photo with Carson Kressley!
$35.00 Per Person!
6:00pm Doors Open!
7:00pm TALK followed by!
Meet & Greet /PHOTO with Carson Kressley !
Books will be distributed at the event.!
REGISTER now online: !
www.mkt.com/bookends!
or by calling Bookends!
signed copies are also available!
201-445-0726! !
Event Location:
The Woman’s Club of Ridgewood!
215 W. Ridgewood Avenue!
Ridgewood, NJ 07450!
This event is non-refundable.! !
Dear Friends at the Ridgewood blog,
As autumn leaves fall and residents begin the process of clearing their properties, the Village begins their new season entitled “Turning Over A New Leaf” which signifies the start of the leaf collection program. Leaf removal will begin the week of October 24th. A flyer is currently in the process of being mailed to your homes, outlining the new schedule for 2016.
A notable change in the schedule is that the dates which are indicated in the flyer reflect the time period in which leaves are to be placed in the street. Village crews will be collecting leaves after the dates posted.
Just to highlight some of the rules and regulations for pick up:
All leaves are to be placed in the curb line fronting your property during the dates indicated in the schedule.
Leaves may NOT be placed in plastic bags or cans for collection.
No branches or brush will be collected during leaf season.You may bring leaves as well as brush to the Recycling Center.The hours of operation are Monday through Saturday, 8:00 AM – 3:00 PM.
If you employ the services of a landscaper, please communicate your schedule with them.
As weather is a key component to leaf collection, if changes become necessary it will be posted on the Village website –www.ridgewoodnj.net
Use caution when our leaf removal crews are on your block.When possible, please take an alternate route to ensure the safety of all.
Should you have any questions, please call the Street Division at (201) 670-5585.
Main/Bergen County, Pascack Valley and Port Jervis Lines to return to Hoboken on weekday schedule with adjustments
October 6, 2016
Ridgewood NJ, NJ TRANSIT will reopen a portion of Hoboken Terminal to commuter rail service for the start of service on Monday, October 10, 2016.
Cross-honoring will continue on Hudson-Bergen Light Rail, NJ TRANSIT bus and private carriers ONLY.
A section of the terminal suffered extensive damage following a train accident September 29. Due to the ongoing National Transportation Safety Board (NTSB) investigation, debris removal and safety concerns, the entire Hoboken Terminal was placed out of service.
Beginning with the first train Monday morning, NJ TRANSIT will reopen Tracks 10-17 for rail service. Tracks 1-9 will remain out of service until further notice as repair work in that section of the terminal continues.
When the partial reopening occurs, Main/Bergen County, Pascack Valley and Port Jervis Line trains will return to a weekday schedule, with some adjustments, to and from Hoboken. Select express trains will be eliminated and certain other trains will be combined. Customers are urged to go to njtransit.com for more specific information after 10 p.m. tonight.
On the Montclair-Boonton Line, trains originating west of Montclair State University (MSU), including from Denville will operate into Hoboken, with additional stops east of MSU.
Most Gladstone Branch trains to Hoboken will be restored.
North Jersey Coast Line and Raritan Valley Line trains scheduled to terminate in Hoboken will continue to terminate at Newark Penn Station.
Because rail service will be modified in and out of the terminal, other NJ TRANSIT bus, rail and light rail services may experience crowding conditions and delays.
As repair work continues at the terminal, customers are advised to stay clear of all work areas.
The Hoboken Terminal waiting room, Customer Service office and restrooms will be open. In addition, there will be limited Ticket Vending Machines located in the waiting room. Customers are urged to download the NJ TRANSIT App and sign up for MyTix to purchase their tickets.
NJ TRANSIT bus, Hudson-Bergen Light Rail, PATH and NY Waterway also continue to operate in and out of Hoboken on their regular routes and schedules.
NJ TRANSIT would like to thank its customers for their continued patience and support.
First we have Roberta and the boys applying for a grant to rip up the brick and remove the walkway in the center of the park. Then we have installation of a tree illumination system, installation of conduit in trenches, installation of pathway lighting, installation of concealed electrical outlet boxes, installation of an audio system and other ancillary items buy the Conservatory all within the same month. I don’t believe in coincidences . Pay special attention to ( audio system and other ancillary items). I believe that one of the members of the Conservatory is a former Council person who tried to spearhead a campaign to put a gazebo in the center of the park.
Previous mayor was dead set on having horrible “concerts” and other noise wreck the peace of downtown. Is this supposed to attract apartment renters/buyers? It’s a park, not Madison Square Garden. Installation of audio systems in parks should not be happening. Thank goodness the current council refused to sign the grant application (worked on, as usual, by manager’s assistant Janet Fricke, whose tenure should end before the next manager arrives) for ugly concrete (replacing the donor-named bricks, which were going to be moved to some area in a corner or something) and a stage or fountain in the center–it’s nice having NOTHING in the center–that was thrust under their noses by the previous village manager with an urgent plea to sign because the deadline was (of course) nigh–an old village manager trick, and not only by her. Collusion by the Village Engineer, who must be replaced, was major. Get those people out of there. Cronin is no better in plotting and planning ways to wreck the place and doing lots of work before the council even knows about it. Council must remain highly vigilant about these unnecessary projects intended (even now) to make Aronsohn’s construction-union supporters happy, and quash them at the earliest opportunity.
Town must stop accepting gifts of things that we don’t want or need. “Conservancy” is a joke. People cynically join groups with a name that sounds good but represents the opposite of what they have in mind. It’s depressing. REAC’s first report was to say that synthetic turf was great, etc. “Parks, Recreation, and Conservation Board”–as long as it’s sports. I give up on all of them.
WHAT??? I was at that meeting and that is not what Councilman Hache said. He was supporting a reduction in the parking fee at Cottage Pl for 60 spots to be set aside for employee parking. It was just for those spots only. He suggested reducing the rate to 25 cents. It was a suggestion in order to get employees to use that lot instead of parking on the street, which will open up spots for customers. And yes, it could also help some of the employees who are minimum wage earners. The free parking was suggested by somebody else.
Editors Note: From what we have heard ,there are over 700(?) employees in the Central Business District so employee parking represents a major issue .Frankly we think employees should be parking at some kind of discounted rate , or free if they park in some distant out of the way spots. We also think meter rates should be lowered but meter times should be extended later into the evening say 9pm ,to give dinners a chance to participate and take some of burden off CBD shoppers .
Ridgewood NJ, Does the placement of this sign (vote yes for all day K) on public property violate New Jersey state election laws? Didn’t we just go through this in Ridgewood?
Ridgewood NJ, Ridgewood PD, FD, and EMS personnel responded to a “pedestrian struck” report on Friday, 10/07 at approximately 1900 hours. The incident occurred on East Ridgewood Avenue near Somerville Road. With the assistance of a paramedic team from The Valley Hospital, the victim was evaluated on location before being transported by ambulance to Hackensack University Medical Center’s Trauma Unit. The extent of the victim’s injuries were not made public at the scene. The driver of the vehicle involved remained at the scene and was cooperating with police.
By Associated Press and Griff BennerPublished: October 6, 2016, 1:00 pm
NEW DELHI (AP) – Indian police have arrested 70 people and are questioning hundreds more after uncovering a massive scam to cheat thousands of Americans out of millions of dollars by posing as U.S. tax authorities and demanding unpaid taxes, a police officer said Thursday.
According to police in Mumbai, the yearlong scam involved running fake call centers which sent voice mail messages telling U.S. nationals to call back because they owed back taxes.
Those who called back and believed the threats would fork out thousands of dollars to “settle” their case, Mumbai police officer Parag Marere said Thursday.
The scam brought in more than $150,000 a day, Marere said without giving a total sum. If the scam netted that amount daily, it would have made almost $55 million in one year.
Calls for Passage of His Legislation to Study & Control Excessive Road Costs
October 8,2016
the staff of the Ridgewood blog
Ridgewood NJ, Senator Mike Doherty (R-23) voted ‘NO’ on increasing the state gas tax by 23 cents per gallon, saying the state hasn’t done enough to control excessive costs related to road construction:
Sen. Mike Doherty at a roadside rally in Bridgewater on June 22, 2016 opposing a gas tax increase with Assemblyman John DiMaio, Assemblyman Erik Peterson, Americans for Prosperity-New Jersey, and concerned residents. (SenateNJ.com)
“My office has fielded thousands of calls from constituents who oppose this gas tax increase, and my vote ‘NO’ today was for them.
“Many callers have said that the state doesn’t use the gas taxes it already collects wisely, and it doesn’t deserve a penny more, let alone 23 cents per gallon more. I agree completely.
“If they’re going to force this tax increase upon unwilling drivers, the Governor, Senate President and Assembly Speaker should agree to advance and enact my legislation to get excessive transportation costs under control. That this cost-control bill continues to be blocked is unconscionable.”
Doherty is the sponsor of S-1888, which would create the “State Transportation Cost Analysis Task Force,” to examine state transportation spending and offer recommendations for reducing New Jersey’s highest-in-the-nation road construction costs.
More than 25,000 people signed an online petition run by Doherty and Senator Jennifer Beck (R-Monmouth) in opposition to the gas tax increase.
Ridgewood NJ, Due to the ongoing service disruption at Hoboken Terminal, NJ TRANSIT is advising customers that there will be reduced capacity on MetLife Stadium trains for tonight’s Beyonce concert.
The accident in Hoboken on September 29th has impacted track and yard space and results in less equipment than the usual complement for stadium events.
Customers may experience overcrowding and possible delays caused by congestion and should plan to build in extra time to travel to MetLife Stadium, and plan for extreme wait times following the concert.
As an alternate, customers can also use the Coach USA 351 bus route from the Port Authority Bus Terminal to the stadium. The Coach USA 351 Express bus to the event will begin loading at 4:00 pm from 41st Street between 8th & 9th Avenue and will run continuously until 8:00 pm. The last bus will depart from the Met Life Stadium 60 minutes after the event ends. Limited seating is available.
Please Note: There is NO direct service from Hoboken to the Meadowlands. Connections must be made in Secaucus.
Customers traveling on NJ TRANSIT trains to the Meadowlands Sports Complex should purchase their round trip tickets from their originating station TO THE MEADOWLANDS SPORTS COMPLEX to avoid delays boarding trains. Tickets purchased on the train will include a $5 surcharge for each ticket.
NJ TRANSIT offers Meadowlands online ticketing option where customers can purchase round-trip adult tickets from their originating station to the Meadowlands Sport Complex. Up to eight tickets may be purchased in one transaction.
NJ TRANSIT MyTix℠ customers can also use the mobile app to conveniently purchase tickets to the Meadowlands Sports Complex. Mobile tickets include a barcode to scan for access through the fare gates. Select Meadowlands as the destination for events at MetLife Stadium. The NJ TRANSIT MyTix℠ app is available free from the App Store℠ and Google Play™.
For information, call NJ TRANSIT Customer Service at (973) 275-5555 between 8:30 a.m. and 5 p.m. daily.
