Dutton pushes against encryption yet again but oversight at home is slow

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(Image: APH)

“We, the undersigned, support strong encryption, which plays a crucial role in protecting personal data, privacy, intellectual property, trade secrets and cybersecurity,” wrote a bunch of nations on the weekend — the Five Eyes, India, and Japan.

As a statement of intent, it’s right up there with “Your privacy is very important to us”, “Of course I love you”, and “I’m not a racist but…”.

At one level, there’s not a lot new in this latest International statement: End-to-end encryption and public safety.

We like encryption, it says, but you can’t have it because bad people can use it too.

“Encryption is an existential anchor of trust in the digital world and we do not support counter-productive and dangerous approaches that would materially weaken or limit security systems,” the statement said.

“Particular implementations of encryption technology, however, pose significant challenges to public safety, including to highly vulnerable members

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Weekly High Frequency Indicators: Slow Improvement Has Continued

Purpose

I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.” In general, I go in order of long-leading indicators, then short-leading indicators, then coincident indicators.

A Note on Methodology

Data is presented in a “just the facts, ma’am” format with a minimum of commentary so that bias is minimized.

Where relevant, I include 12-month highs and lows in the data in parentheses to the right. All data taken from St. Louis FRED unless otherwise linked.

A few items (e.g., Financial Conditions indexes, regional Fed indexes, stock prices, the yield curve) have their own metrics based on long-term studies of their behavior.

Where data is seasonally adjusted,

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This Mickey Mouse Instant Pot Will Add Some Disney Flair To Your Kitchen And Is Ideal For Slow Cooker Weather

Photo credit: Walmart
Photo credit: Walmart

From House Beautiful

When it comes to products that will make your life easier or simply will make you happy, there’s no harm in splurging here and there. Disney fans always have to pick and choose what merch they want to buy since there are constantly new magical items being released, but these Mickey Mouse Instant Pots from Walmart will be the easiest add-to-cart you’ve ever done.

Available in three different colors, this Instant Pot is the seven-in-one version that holds six quarts. Instant Pots are one of the most versatile items you can have in your kitchen as they have the ability to perform seven different functions, including pressure cooking, slow cooking, sautéing, yogurt making, rice cooking, steaming, and keeping food warm.

With the seasons changing and the cool weather being ideal for stews, soups, and slow roasted meals, an Instant Pot is an appropriate investment.

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US hotel profitability improvements slow in August


25 SEPTEMBER 2020
9:06 AM

Overall hotel profitability was positive for the second consecutive month, according to STR’s August P&L report.

BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August, according to STR‘s latest monthly P&L data release.

In a year-over-year comparison with August 2019, the industry reported the following:

• GOPPAR: -91.3% to US$6.90
• TRevPAR: -74.5% to US$55.72
• EBITDA PAR: -112.1% to US$-6.96
• LPAR (Labor Costs): -64.4% to US$27.19

“Overall profitability (GOPPAR) remained in positive territory for a second straight month, but the incremental improvements we had seen over the previous two months slowed,” said Raquel Ortiz, STR’s assistant director of financial performance. “Even though August produced the industry’s lowest year-over-year demand decline since March, revenue was stagnant. TRevPAR for full-service hotels was only 25% of what it was last August, while limited-service properties came in at 38% of last year’s value.”

Full, complimentary

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Slow improvement on wildfire front; air quality alert extended to Thursday

A week after wildfires began consuming thousands of acres in western Oregon, firefighters are making progress on some of the most destructive blazes in state history. State officials said Monday that 10 people have died, though that number was higher than the totals released by county officials, and 22 are still missing. Countless homes and businesses have been scorched.

Much of the state remains under an air quality alert that has been extended until noon on Thursday, as winds forecasters were expecting didn’t materialize.

Rebecca Muessle with the National Weather Service’s Portland office said that the thick smoke blanketing the west coast has made winds harder to predict, since they’ve stopped the warming afternoon temperatures that can create windy conditions.

“We do have a system moving in this afternoon into tomorrow,” Muessle said. “We could see some slight improvements, but realistically we’re not expecting enough that would really improve air

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Hotel Del Coronado doesn’t let a pandemic slow its $400M renovation

Even as hotels confront the new reality of a pandemic that has stifled tourism, San Diego County’s most iconic property, the Hotel del Coronado, is not slowing its yearslong renovation that is expected to cost $400 million.

The latest phase of the project to make its debut encompasses an expansive rooftop bar and restaurant overlooking the hotel pool and beachfront, an updated pool area, and a complete redo of its 97 cabana guestrooms, some of which directly face the ocean.

Shown here is one of the remodeled oceanfront cabana rooms at the Hotel Del Coronado

Shown here is one of the remodeled oceanfront cabana rooms at the Hotel Del Coronado

(Courtesy of Hotel Del Coronado)

The ongoing renovation, billed as the most costly upgrade since the hotel opened in 1888, got under way in early 2019, and a significant portion of it is expected to be completed by April . While all the resort changes envisioned as part of the hotel’s original master plan upgrade

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