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‘We missed the mark’: Vancouver craft beer event organizers apologize after guests report disastrous experiences

'We missed the mark': Vancouver craft beer event organizers apologize after guests report disastrous experiences

Lengthy lines, tech meltdowns, and limited access to water (for a fee) were a few of the many complaints

A month ago, organizers of the popular Vancouver Craft Beer Week (VCBW) festival sent out a media release spotlighting how the 2022 event promised to set itself apart from past iterations of the beloved tasting.

“With an ambitious new ownership team at the forefront, VCBW returns bigger and better than ever before with a number of new and expanded features,” it begins.

This weekend, after some accounts of ticket-holders having a disastrous experience, organizers of “the Lower Mainland’s largest craft beer festival” are issuing statements and apologies. 

Attendees of the Saturday tasting event on the PNE grounds reported a massive line-up for entry, as well as lengthy line-ups at the beer vendor stands. 

Guests were required to purchase RFID wristbands and pre-load them with a $50 deposit in order to purchase beers (on top of the admission cost). Organizers explained the cashless wristband system was put in place “due to logistical and health reasons,” and described the process as “easy peasy.”

‘Wasn’t as seamless as we had hoped it would be’

However, some attendees cited problems with the wristband system, including long waits to add funds, being charged multiple times, and usage problems. One frustrated ticket holder said the system was “barely working” in their post-event rant on Reddit. 

In an initial statement shared online following Saturday’s event, VCBW organizers said: “Our goal was to simplify the process at the event removing tokens and ensuring all guests would be refunded anything they didn’t spend. We worked with a third party vendor for months, but unfortunately this process wasn’t as seamless as we had hoped it would be.”

On top of lines and payment issues, the biggest complaint was access to water, with attendees outraged they were not permitted to bring in empty bottles for filling with water, and only had the option to buy bottled water at $3 a piece. Many noted the water for purchase – when it was available – was warm Dasani. 

“The event doesn’t provide free, accessible water. This is unacceptable for my health. Especially on a sunny day with minimal cover,” said a ticketholder in an email to organizers shared with V.I.A.

“They refuse to let you bring water bottles, and then they charge you for water, the absolute f’ing gall,” described Reddit user arrbos.

“One of my main gripes is with water – in the past attendees could bring a refillable bottle and there were water stations around the event. To limit ticket holders to $3 bottles of water ONLY is ridiculous for a liquor event. Water should be free and free flowing, especially with the heat we had yesterday. Every time we went looking for water there wasn’t even anyone at any of the marked water stations on the map. Incredibly shortsighted in my opinion,” commented Erin Searle (@von_rockinon) on Instagram. 

‘Half our workforce didn’t show up’

VCBW attributed some of the issues to staffing problems. “Half of our workforce didn’t show up,” organizers said in a second statement issued late Sunday

Many, however, felt like the organizers were not adequately taking responsibility, in particular for the no-show volunteers. “If it was due to staff being sick, they shouldn’t throw them under the bus for the issues with their event, citing excuses for atrocious lines with ‘staff that didn’t show up.’ They should instead take ownership for the piss-poor planning and organization. They could have anticipated this, after all, being in a pandemic for 2+ years,” said a Reddit user named f*ckyduck.

“Volunteers are not a ‘workforce.’ You failed to organize volunteers and failed on almost every other aspect. Depriving people of water is inhumane, monstrous behavior. You are greedy, unapologetic monsters,” said Beatriz Rod (@bettyrm90) on Instagram.

Some guests were more understanding. “Though I’m one of the people who was frustrated on Saturday, I am grateful to the volunteers who did show up and the breweries and their staff that kept the beer flowing as fast as they could to serve as many people as they could. I met some lovely folks on Saturday and the overcrowding, line, and lack of water was not their fault!” said Noelle (@dunworrybehoppy) on Instagram.

VCBW organizers said they now know that being understaffed and having wristband tech issues got in the way of showing guests a good time. “Unfortunately, we missed the mark,” they said, inviting feedback to be sent to them via email. 

For some, though, the 2022 VCBW was the end of the road. “Never again,” avowed Reddit user caw___caw. “There [aren’t] chill vibes anymore like the previous year. It just feels like a chore having to run line to line to get your next beer. Chasing your buzz.”

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ACE Report: Arts, Culture and Entertainment events for the week of July 11-17

ACE Report: Arts, Culture and Entertainment events for the week of July 11-17

LANSING, Mich. — Here’s a look at a few ACE, Arts, Culture and Entertainment, events for the week of July 11 through July 17.

EVENT: Play in the Park with Joel Tacey    
DATE: Tuesday, July 12
LOCATION: Valley Court Park, East Lansing

EVENT: Meridian Parks and Rec Free Summer Concert Series
DATE: Wednesday, July 13
LOCATION: Meridian Farmers Market, Okemos

EVENT: Sea Cruisers perform                       
DATE: Wednesday, July 13
LOCATION: Turner-Dodge House, Lansing

Sea Cruisers.jpeg

Sea Cruisers

Sea Cruisers Band

EVENT: DAM JAM Music Festival
DATE: Thursday, July 14 through Saturday, July 16
LOCATION: Brenke Fish Ladder, Old Town Lansing

#3 DAM JAM MUSIC .jpeg

Lansing 5:01

Dam Jam Music Festival

EVENT: Ionia County Free Fair
DATE: Friday, July 15
LOCATION: Ionia Fair Grounds, Ionia

Ionia Free Fair.png

Ionia Free Fair

Ionia Free Fair

EVENT: Porkapalooza BBQ Cook-off
DATE: Saturday, July 16
LOCATION: 503 Brass Rail Bar, Jackson


Porkapalooza 2022

Porkapalooza 2022

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Sikh delegations of UK, Australia armies attend controversial events: Report

Sikh delegations of UK, Australia armies attend controversial events: Report

The participation of official Sikh delegations of the Australian and UK armies in certain events have raised eyebrows in New Delhi, especially in view of India’s growing defence relations with both countries.

A delegation of 12 Sikh soldiers of the British Army visited a number of religious sites and historical monuments in Pakistan on June 28 under the aegis of the Defence Sikhs Network (DSN), an official UK armed forces organisation. The visit, under the name “Ex Nankana Pilgrim 2022”, was undertaken at the invitation of the Pakistan Army chief, Gen Qamar Bajwa.

The delegation – which was led by Maj Gen Celia Harvey, an army reservist who once contested elections as a Conservative Party candidate and is now Defence Champion for Sikhs in the Armed Forces – also interacted with Bajwa.

Also Read:Ukraine soldier dies in shelling attack: Armed forces

Last month, several Indian Australians were disturbed by the participation of a Sikh contingent from the Australian Defence Forces in the Griffith Sikh Games in New South Wales as the event featured Khalistani banners, posters and flags. Several Australian Sikhs of Indian origin complained to the organisers of the games about the pro-Khalistan banners.

Following the controversy, an Australian defence spokesperson told The Australia Today that a “small group of Australian Defence Force (ADF) members” attended the event in Griffith and that their attendance “was not in any official capacity and there was no formal invitation to Defence to participate”.

“They had no prior knowledge of other groups attending the event, including political or separatist movements. The attendance of ADF personnel at this event in no way endorses any other group or organisation who may have also been in attendance,” the spokesperson said.

“While the attendance of the ADF personnel at this event was well-intentioned, it has identified some internal process issues around attendance at community events and a requirement for further awareness training, both of which are being addressed,” the spokesperson said, adding that the ADF is an apolitical organisation and its personnel are expected to remain impartial.

Some of the Indian Australians were irked as pro-Khalistan organisations used photos of Sikh ADF personnel to suggest they were aligned with the cause of an “independent Sikh homeland”, people familiar with the matter said.

The people further said the Sikh delegation from the UK armed forces visited Pakistan against the backdrop of reports of hate crimes against religious minorities, especially Hindus and Sikhs. The UK delegation visited Kartarpur Corridor, Allama Iqbal’s mausoleum, Gurudwara Darbar Sahib and Orakzai district of Khyber-Pakhtunkhwa province.

The Defence Sikhs Network (DSN), earlier known as the British Armed Forces Sikh Association, is an official UK armed forces organisation which acts as a focal point for serving Sikhs and their community.

Eyebrows have also been raised in New Delhi over a post by DSN on its Facebook page and Instagram account on June 6 that condemned the “loss of sanctity of Harmandir Sahib and the Akal Takht” in 1984.

“The month of June holds many painful memories for Sikhs across the world, as they remember the events of 1984, when the sanctity of many gurdwaras, not least the Harmandir Sahib & Akaal Takht, was so violently compromised. The DSN stands with the Sikh community in remembering the countless loss of life and recognise the ongoing trauma caused to many in the Sikh community and beyond since this time,” the post said.

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LIV Golf plans 14 events, firmer teams in 2023, says report


LIV Golf teed off its first US event Thursday at Pumpkin Ridge near Portland, Oregon, after staging its debut in England in early June.

In addition to staging four more events than first envisioned, the Saudi-backed series will have 48 players contracted for all 14 events in 2023. Team captains will be able to recruit talent and make trades instead of the teams featuring a rotating cast as it has this season.

The idea would be for the 12 teams to each develop an identity with an eye toward a franchise model and selling of teams.

The quick expansion of 2023 plans is a product of signing several top US PGA players ahead of this week’s event, including Americans Bryson DeChambeau, Patrick Reed, Brooks Koepka and Matthew Wolff and Mexico’s Abraham Ancer.

LIV Golf has settled on 10 venues for 2023, according to the report, and hopes to add more international venues while avoiding areas with US PGA Tour events.

The PGA Tour issued suspensions to 17 members and former members for playing at the LIV Golf event in England and handed down seven more for those who played the first round at Pumpkin Ridge, including Reed, Wolff, Koepka, DeChambeau, Ancer, Pat Perez and joint leader Carlos Ortiz.

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Anti-Asian hate crime events in California up 177.5 pct in 2021: report CanIndia News

ISPR denies media report on events at PM House CanIndia News

Reported Anti-Asian hate crime events in California, the most populous state in the United States, increased by 177.5 per cent from 89 in 2020 to 247 in 2021, said a report by the California Department of Justice.

The state, home to around 40 million residents, reported 1,763 hate crime events in 2021, a rise of 32.6 percent from 2020, and the highest since 2001, Xinhua news agency reported quoting the report titled “2021 Hate Crime in California.”

Reported hate crimes targeting Black people remained the most prevalent and increased by 12.5 percent from 456 in 2020 to 513 in 2021, while those anti-Hispanic or Latino increased by 29.6 percent from 152 in 2020 to 197 in 2021, the report said on Tuesday.

Reported hate crimes involving a sexual orientation bias increased by 47.8 percent from 205 in 2020 to 303 in 2021, it said.

The number of cases filed for prosecution by district attorneys and elected city attorneys involving hate crime charges increased by 30.1 percent from 2020 to 2021.

“Today’s report undeniably shows that the epidemic of hate we saw spurred on during the pandemic remains a clear and present threat,” said California Attorney General Rob Bonta in a press release on Tuesday, noting that reported hate crime has reached a level the state has not seen since the aftermath of the 9/11 attacks.

“Now, more than ever, it is critical that we stand united — there is no place for hate in California,” Bonta added.


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FX Week Ahead – Top 5 Events: Fed Rate Decision; Australia Jobs Report; BOE Rate Decision; BOJ Rate Decision; Eurozone Inflation Rate

FX Week Ahead - Top 5 Events: Fed Speeches; Canada, Eurozone, Japan, New Zealand Inflation Rates

FX Week Ahead Overview:

  • The Fed rate decision on Wednesday will likely keep volatility elevated throughout the week.
  • The BOJ rate decision on Friday has increased importance now that JGB 10-year yields have started to break through the 0.25% threshold.
  • Eurozone inflation data on Friday may only deepen concerns about fragmentation across European bond markets.

For the full week ahead, please visit the DailyFX Economic Calendar.

06/15 WEDNESDAY | 18:00, 18:30 GMT | USD Federal Reserve Rate Decision & Press Conference

Rates markets have evolved sharply in recent days, following the release of the May US inflation rate (CPI) on Friday. One week ago, 148-bps were priced-in through the end of 2022; at the start of this week, 201-bps are discounted through the end of the year. Markets believe the Fed will raise rates by 50-bps at their June meeting, but there are rising odds that a 75-bps or even a 100-bps rate hike will be levied. Fed Chair Jerome Powell’s press conference will be critically important, as recent data will likely provoke a significant change in the FOMC’s Summary of Economic Projections (SEP) as well. Heightened volatility across asset classes up to and through Wednesday afternoon should be anticipated.

06/16 THURSDAY | 01:30 GMT | AUD Employment Change & Unemployment Rate (MAY)

The Australian economy continues to add jobs at a relatively torrid clip, putting more pressure on the Reserve Bank of Australia to raise rates rapidly. According to a Bloomberg News survey, Australia added +25K jobs in May, dropping its unemployment rate from 3.9% to 3.8% in the process. The relatively good news may come at a needed moment for the Australian Dollar, which has been sucked into the maelstrom of a broadly risk-off market. The data will only further encourage the RBA to raise rates quickly in the second half of 2022.

06/16 THURSDAY | 11:00 GMT | GBP Bank of England Rate Decision

Despite BOE policymakers signaling at the May rate decision that they are equally concerned with downside risks to growth as they are with upside risks to inflation, rates markets have had a rethink in recent weeks. Since mid-May, amid signs that the rises in food and energy prices won’t relent anytime soon, rates markets have dragged forward BOE rate hike expectations for the remainder of 2022, a much needed source of support for the British Pound.

UK overnight index swaps (OIS) are discounting a 117% chance of a 25-bps rate hike in June (a 100% chance of a 25-bps hike and a 17% chance of a 50-bps hike). Rates markets are still pricing in a 25-bps rate hike at every meeting for the rest of 2022. But there has been a subtle shift: it’s a faster pace than what was expected in mid-May: the expected terminal rate for the BOE in 2022 now sits at 2.450%, up from 2.099% approximately three weeks ago.

06/17 FRIDAY | 03:00 GMT | JPY Bank of Japan Rate Decision

Bank of Japan rate decisions usually don’t warrant much consideration, but this time is different as the Japanese Yen has hit its lowest level versus the US Dollar since 1998: markets are starting to break the BOJ’s commitment to keeping the JGB 10-year yield capped at 0.25%. The forthcoming rate decision is loaded with risk, as one of two things can happen: one, the BOJ can recommit to keeping yields capped, which means the Yen will take another leg lower; or, two, the BOJ throws in the towel on its QQE with yield curve control policy, which could unleash a rampant rebound by the Yen. Regardless of the outcome, fireworks are expected.

06/17 FRIDAY | 09:00 GMT | EUR Inflation Rate (MAY)

The European Central Bank’s June rate decision proved to be a bit of a communication error, with ECB President Christine Lagarde fumbling questions on how bond market fragmentation will be handled in the coming months. But the die has been cast, so to speak: the final May Eurozone inflation rate (HICP) is due in at +8.1% y/y from +7.4% y/y, and the core reading is expected at +3.8% y/y from +3.5% y/y. What was previously a source of strength for the Euro – rising short-end bond yields across the Eurozone – has now turned into a source of weakness – rising long-end bond yields in the periphery – that could raise questions of fiscal stability in countries like Greece, Italy, and Spain.


— Written by Christopher Vecchio, CFA, Senior Strategist

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Report: Extreme Weather Events Are Getting Worse, Affecting Food Availability

Report: Extreme Weather Events Are Getting Worse, Affecting Food Availability

More fre­quent extreme weather events and a chang­ing cli­mate, which impact farm­ing and food secu­rity on every con­ti­nent, are wors­en­ing, accord­ing to the World Meteorological Organization (WMO).

The data gath­ered by WMO and pub­lished in its State of Global Climate Report 2021 show how human activ­i­ties have released record lev­els of green­house gases in 2021, one of the main dri­vers of aver­age sur­face tem­per­a­ture rise.

In 2050, we may have almost 10 bil­lion peo­ple to feed, and ensur­ing ade­quate food secu­rity for all while curb­ing green­house gas emis­sions and pro­tect­ing the envi­ron­ment is one of the biggest chal­lenges we face.– Lev Neretin, senuior nat­ural resource offi­cer, FAO

Increases in aver­age ocean tem­per­a­tures also accel­er­ated in 2021. The WMO esti­mated that ocean lev­els rose by 10 cen­time­ters in the last three decades.

Along with ris­ing tem­per­a­tures and sea lev­els, the WMO researchers added that the ocean is becom­ing more acidic, reach­ing a 26,000-year high.

See Also:Study Reveals Impacts of Climate Change on Spanish Olive Sector

The report fur­ther found that snow cover, sea ice cover and glac­i­ers also are shrink­ing at an alarm­ing rate. In addi­tion, the WMO warned that the last seven years were the warmest on record.

Antonio Guterres, the sec­re­tary-gen­eral of the United Nations, called the report a dis­mal litany of humanity’s fail­ure to tackle cli­mate dis­rup­tion.”

He warned that time is run­ning out to change course and cur­tail at least the worst impacts of cli­mate change.

In his video mes­sage, Guterres focused on imme­di­ate actions that could be taken in energy gen­er­a­tion, which is con­sid­ered the largest con­trib­u­tor to cli­mate change.

These actions require a par­a­digm shift, where renew­able energy tech­nolo­gies become essen­tial global pub­lic goods and are more eas­ily traded and exchanged.

The U.N. chief also asked for a more diver­si­fied and open renew­ables sup­ply chain and empha­sized the need to stop sub­si­diz­ing fos­sil fuels. On top of this, Guterres asked for pub­lic and pri­vate invest­ments in renew­able energy to triple before it is too late.”

Petteri Taalas, the WMO’s sec­re­tary-gen­eral, said, human-induced green­house gases will warm the planet for many gen­er­a­tions to come.”

Sea level rise, ocean heat and acid­i­fi­ca­tion will con­tinue for hun­dreds of years unless means to remove car­bon from the atmos­phere are invented,” he added.

According to Taalas, key indi­ca­tors show the grow­ing impact of cli­mate change on the pop­u­la­tion.

Loss and dam­ages of more than $100 bil­lion (€93 bil­lion), as well as severe impacts on food secu­rity and human­i­tar­ian aspects due to high-impact weather and cli­mate events have been reported,” he said.

Lev Neretin, senior nat­ural resources offi­cer at the office of cli­mate change, bio­di­ver­sity and envi­ron­ment (OCB) at the Food and Agriculture Organization (FAO), told Olive Oil Times that weather extremes are one of the biggest dri­vers of food crises together with eco­nomic shocks, con­flict and inse­cu­rity.”

Small-scale pro­duc­ers, includ­ing farm­ers, fish­ers, foresters and pas­toral­ists, are the back­bone of food secu­rity, but they are also the most vul­ner­a­ble to cli­mate change and extreme weather events,” he added.

According to the FAO, increas­ing cli­mate resilience is a top pri­or­ity that relies on many dif­fer­ent mea­sures such as expand­ing food pro­duc­tion through cli­mate-smart agroe­col­ogy and other inclu­sive approaches, strength­en­ing safety nets, diver­si­fy­ing liveli­hoods, pro­vid­ing crit­i­cal inputs for cereal and veg­etable pro­duc­tion as well as pro­tect­ing live­stock with treat­ments, vac­ci­na­tions, feed and water.”

Such an approach is even more rel­e­vant where food avail­abil­ity is lim­ited, and access to food is affected by ris­ing prices.

See Also:Global Agriculture Loses Billions of Working Hours to Heat, Study Says

Building resilience also requires aware­ness of cli­mate and envi­ron­men­tal risks and the effec­tive and timely man­age­ment of these risks, not just at the farm level but also across agri­food value chains,” Neretin said.

Anticipatory action is a key pil­lar of FAO’s work on resilience, which is a major step to shift from dis­as­ter response toward pre­ven­ta­tive and adap­tive action,” he added.

In 2050, we may have almost 10 bil­lion peo­ple to feed, and ensur­ing ade­quate food secu­rity for all while curb­ing green­house gas emis­sions and pro­tect­ing the envi­ron­ment is one of the biggest chal­lenges we face,” Neretin con­tin­ued.

He fur­ther explained how food secu­rity is not just about quan­tity, but also qual­ity. Humanity today relies on three main crops: maize, rice and wheat.”

This has a num­ber of impli­ca­tions. One of the con­cerns is the con­tin­u­ous loss of agro­bio­di­ver­sity, which ensures healthy and diver­si­fied diets,” Neretin added. Another is the pos­si­bil­ity of increas­ing food crises dri­ven by mar­ket volatil­ity and con­flict.”

OCB researchers also believe that food loss and waste is a global chal­lenge along­side grow­ing demand for ani­mal pro­teins and other resource-inten­sive foods.

Existing high amounts of food loss and waste could feed around 1.26 bil­lion peo­ple per year,” Neriten said.

Currently, food inse­cu­rity comes mostly from con­flicts. Between 2018 and 2021, the OCB said the num­ber of peo­ple in cri­sis sit­u­a­tions in coun­tries where con­flict was the main dri­ver of acute food inse­cu­rity increased by 88 per­cent, to just over 139 mil­lion.

Agrifood sys­tems and the rural econ­omy play a fun­da­men­tal role in peace and secu­rity that in turn ensures last­ing impacts on human devel­op­ment,” Neriten said.

FAO researchers believe that coun­tries should invest in adap­ta­tion and mit­i­ga­tion strate­gies and develop early warn­ing and action mech­a­nisms to cur­tail or avoid dam­age and losses from dis­as­ters.

Transforming agri­food sys­tems to become more effi­cient, inclu­sive, resilient and sus­tain­able is a key solu­tion to global crises: hunger, mal­nu­tri­tion, cli­mate change, bio­di­ver­sity loss and ecosys­tem degra­da­tion, ensur­ing safer, more afford­able and health­ier diets for the world’s grow­ing pop­u­la­tion,” Neriten said.

By lever­ag­ing the power of sci­ence, tech­nol­ogy, inno­va­tion, bio-econ­omy and tra­di­tional knowl­edge, we can enter a new par­a­digm to ensure that agri­food sys­tems glob­ally are green and cli­mate-resilient,” he added.

But this trans­for­ma­tion will fail if it is not equal and inclu­sive,” Neriten con­cluded. Smallholder farm­ers, fish­ers and foresters and their com­mu­ni­ties, includ­ing women, youth and indige­nous peo­ples, are the key agents and ben­e­fi­cia­ries of our agri­food sys­tems.”

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FX Week Ahead – Top 5 Events: UK No-Confidence Vote; RBA Rate Decision; ECB Rate Decision; Canada Jobs Report; US Inflation Rate

FX Week Ahead - Top 5 Events: UK No-Confidence Vote; RBA Rate Decision; ECB Rate Decision; Canada Jobs Report; US Inflation Rate

FX Week Ahead Overview:

  • The RBA rate decision on Tuesday will produce another rate hike, while the ECB rate decision on Thursday will pave the path to one.
  • The May Canada jobs report is likely to produce another strong reading, giving the BOC more ammunition for further rate increases.
  • Incoming US inflation data are likely to only show modest signs of disinflation, potentially revitalizing Fed rate hike odds and thus helping the US Dollar.

For the full week ahead, please visit the DailyFX Economic Calendar.

06/06 MONDAY | 21:00 GMT | GBP Boris Johnson No-Confidence Vote

A series of missteps and public embarrassments – from ‘Partygate’ to being booed at a Jubilee event – UK Prime Minister Boris Johnson is facing a snap no-confidence vote late in the day on Monday. Prediction markets suggest that Johnson will survive the vote, but the margin of victory is key: while only 180 votes are needed to continue on as prime minister, anything fewer than 260 may be considered a sign of weakness. With a cost of living crisis growing day-by-day and by-elections showing the Tory party falling out of favor, Johnson’s time as prime minister may be running out, regardless of Monday’s outcome.

06/07 TUESDAY | 04:30 GMT | AUD Reserve Bank of Australia Rate Decision

The RBA surprised markets with a 25-bps rate hike in May, eschewing conventional wisdom that policymakers would wait until after Australian federal elections to begin their rate hike cycle. But with the Australian unemployment rate at multi-decade lows – below the RBA’s projected level for year-end 2022 – as well as inflation rates pressing higher, the RBA has decided that swifter action is needed. Another 25-bps rate hike is anticipated (bringing the main rate from 0.35% to 0.60%) and already discounted by markets. What matters to the Australian Dollar more than a rate hike is what the RBA says about the future: how many more rate hikes can be expected over the next few months. Forward guidance is key if the Aussie is going to continue its recent rebound.

06/09 THURSDAY | 11:45, 12:30 GMT | EUR European Central Bank Rate Decision & Press Conference

The gap between the ECB and other major central banks’ rate hike odds that defined much of 2022 continues to close. Rates markets continue to price in the first 10-bps rate hike in July, after the ECB announces an end to its asset purchase program at its June meeting this week (when new Staff Economic Projections (SEP) are released).But thanks to multi-decade highs in inflation pressures across the Eurozone (including in the bloc’s largest economy, Germany), rates markets are now discounting a 50-bps rate hike in December 2022, in what would be the largest single-meeting increase in rates since 2000.Elevated ECB rate hike odds continue to be reflected in the short-end of various European sovereign debt yields. It remains the case that rising short-end bond yields should prove supportive of the Euro.

06/10 FRIDAY | 12:30 GMT | CAD Employment Change & Unemployment Rate (MAY)

The Canadian economy continues to chug along, benefiting more than other developed economies from the recent surge in energy prices (energy accounts for roughly 11% of Canadian GDP). While inflation is a problem, the strength of the Canadian labor market is giving the BOC some reassurance that it can continue to raise rates without derailing the economic recovery. A Bloomberg News survey sees the May Canada employment change at +30K from +15K in April, with the Canadian unemployment rate on hold at 5.6%. These would be strong enough data points for the BOC to proceed with another 25-bps rate hike when it releases its next decision on July 13.

06/10 FRIDAY | 12:30 GMT | USD Inflation Rate (CPI) (MAY)

Headline US inflation rates will remain stubbornly high, even as core rates show signs of disinflation, thanks to ongoing elevation in food and energy prices. According to a Bloomberg News survey, the May US inflation rate is due in at +8.3% y/y, unchanged from April, while the core inflation rate is expected to subside slightly to +5.9% y/y from +6.2% y/y.

While 50-bps rate hikes are priced-in for both June and July, rates markets are slowly coming around to the idea that another 50-bps rate hike will be levied in September, when the Fed meets after the Jackson Hole Economic Policy Symposium.Rates markets are unconvinced that much more tightening will occur thereafter; only 148-bps worth of hikes are priced in through the end of 2022, potentially leaving the US Dollar at a relative disadvantage as other central banks begin to ramp up their fights against multi-decade highs in inflation pressures.


— Written by Christopher Vecchio, CFA, Senior Strategist

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Event Management Software Industry Worth $14+ Billion by 2026 | Global Market Research Report, 2022 | Gamification of Events to Engage a Larger Audience –

Event Management Software Industry Worth $14+ Billion by 2026 | Global Market Research Report, 2022 | Gamification of Events to Engage a Larger Audience -

DUBLIN–()–The “Event Management Software Market with COVID-19 Impact, by Component (Software (Event Registration and Ticketing, Content Management) and Services), Deployment Mode, Organization Size, End User and Region – Global Forecast to 2026” report has been added to’s offering.

The Global Event Management Software Market is forecast to grow from USD 7 billion in 2021 to USD 14.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period.

Event management software helps organizations keep track of all of their event’s moving parts to help their event run more smoothly. It also facilitates organizations to automate various processes, including sourcing, coordination, event planning, venue management, expense tracking, marketing, and data analysis, throughout the life cycle of their events. This helps enterprises manage these processes from a centralized platform, enabling them to improve their operational processes and increase their marketing leads from events.

By Component, the Services segment to grow at the higher CAGR during the forecast period

By Component, the Services segment is expected to grow at a higher growth rate during the forecast period. Services are necessary for easy deployment, integration, and proper functioning of the software. The services segment has been further segmented into professional services and managed services. Rising pressure on event management service providers to stay competitive in the market leads to improved quality of service being provided to the customers.

By Services, the Professional Services segment to hold the larger market size

The Professional Services segment is expected to hold a larger market size. These services include deployment and integration, consulting, and support and maintenance services. The professional services provide an expert level of deployment, integration, consulting, and support and maintenance services for the proper installation of a specific software either on-premises or over the cloud.

By Deployment Mode, Cloud segment to grow at the highest CAGR during the forecast period

The Cloud segment is projected to grow at the highest CAGR during the forecast period. Cloud-based solutions are provided directly through cloud-deployed network connectivity. These solutions help reduce the overall costs while providing highly flexible and scalable access to event management solutions through the IT infrastructure hosted by cloud service providers.

Research Coverage

The Event Management Software Market is segmented by Component, Deployment Mode, Organization Size, End-user, and Region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; solutions and services; key strategies; new product launches and product enhancements; partnerships, acquisitions, and mergers; agreements and business expansions; and competitive landscape associated within the Event Management Software Market.

The following key vendors are profiled in the report:

  • Cvent (US)
  • Aventri (US)
  • Eventbrite (US)
  • Ungerboeck (US)
  • Hopin (UK)
  • XING Events (Germany)
  • Bizzabo (US)
  • Certain (US)
  • RainFocus (US)
  • ACTIVE Network (US)
  • Eventzilla (US)
  • Meeting Evolution (US)
  • EventMobi (Canada)
  • Zoho (India)
  • Regpack (US)
  • EventBooking (US)
  • Bitrix24 (US)
  • Arlo (UK)
  • webMOBI (US)
  • Tripleseat (US)
  • Hubilo (US)
  • Circa (US)
  • Hubb (US)
  • Accelevents (US)
  • Glue Up (US)
  • idloom (Belgium)
  • Eventdex (US)
  • Event Temple (Canada)
  • Whova (US)
  • Airmeet (US)

Market Dynamics

  • Drivers

    • COVID-19: A Catalyst to Accelerate the Adoption of Virtual Events
    • Rise in Demand to Manage Large Volumes of Data and Automate Event Management Tasks
    • Compelling Need to Save Time and Money with Real-Time Data Analysis
    • Increase in Demand to Capture Actionable Business Insights from Events
    • Growth in the Use of Social Media for Event Marketing
  • Restraints

    • Difficulty in Integrating Event Management Software with Business Systems
    • High Initial Cost Associated with Event Management Software
  • Opportunities

    • Gamification of Events to Engage a Larger Audience
    • Growth in Inclination Toward Adoption of AI and ML in Event Management
  • Challenges

    • Wide Gap Between Organizers’ Offerings and Attendees’ Needs
    • Lack of Awareness of Event Management Software

Case Study Analysis

  • NEC Corporation Showcasing Proven SaaS Solutions to Customers Through Virtual Events on the Cvent Platform
  • HLB Designed a Virtual Event with Aventri Virtual Event Platform
  • Glassdoor Used Hopin for Its First Fully Virtual Sales Kickoff
  • Acronis Scales Their Hybrid Event Strategy with Bizzabo

Premium Insights

  • Growing Demand for Event Management Software Solutions Would Tackle High Demand from Event Organizers and Planners
  • Software to Account for a Larger Market Share During the Forecast Period
  • The Support and Maintenance Segment to be the Largest Market During the Forecast Period
  • On-Premises Deployment to Account for a Larger Market Share During the Forecast Period
  • Large Enterprise Segment to Account for a Larger Market Share During the Forecast Period
  • Event Organizers and Planners Segment to Account for the Largest Market Share During the Forecast Period
  • Asia-Pacific to Emerge as the Best Market for Investments in the Next Five Years

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Several events foreshadowed I-295 wall collapse, report says

Several events foreshadowed I-295 wall collapse, report says
Report finds four reasons and two earlier events that foreshadowed I-295 wall collapse.

A report commissioned by NJDOT about the March 2021 collapse of a retaining wall on Interstate I-295 in Bellmawr, gave four causes and detailed two earlier events that foreshadowed the wall failure. Andre Malok | NJ Advance Media for

The March 2021 collapse of an I-295 south retaining wall that supported a new roadway was foreshadowed by two events in 2016 and February 2019, according to a forensic engineering report commissioned by the state DOT to find the cause of the wall’s failure.

Preliminary DOT findings blamed excess groundwater on the site that was exacerbated by a March 24 rain storm, conditions which the report confirmed with several photos of ground water “weeping” through soil at the wall construction site, and a pool of ground water photographed during deconstruction of the collapsed wall by investigators.