Farmers could face cash flow problems over payments

first_imgNewsFarmers could face cash flow problems over paymentsBy Staff Reporter – November 23, 2016 505 Advertisement WhatsApp TAGSDeputy Niall CollinslimerickRural Development Programme Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” RELATED ARTICLESMORE FROM AUTHOR Facebook Limerick’s National Camogie League double header to be streamed live Print WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads center_img Previous articleUS election results impact exportNext articleWin cinema tickets Staff Reporter Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Farmers in Limerick and around the country could face cash flow problems – Collins NEW figures released this week reveal that only 52 per cent of this year’s Rural Development Programme budget allocation has been paid out.Limerick Fianna Fáil TD, Niall Collins says farmers will face increased cash flow problems as a result of serious delays in Rural Development Programme payments.Sign up for the weekly Limerick Post newsletter Sign Up Deputy Niall Collins stated – “It’s quite unbelievable that only half of this year’s funding for agri-schemes has been paid to farmers. This will result in serious financial hardship for farmers across the country.“It’s particularly worrying that less than 4 per cent of GLAS payments have been made. The government failed to allocate the level of funding that it originally promised for this scheme, and now it’s failing to pay out. This is a completely unacceptable situation.“Payments under TAMS and the Beef Genomics Scheme are also seriously behind schedule. These underspends are significant by any metric and will have serious consequences for small family farmers.“Many farmers have had to take out loans to keep their businesses going while they wait for their payments to come through, and these delays will exacerbate an already difficult situation. Farmers should not have to rely on banks and other financial institutions to cover the cost of works, which these agri-schemes cover. This is creating a major cash flow crisis, which is completely preventable.“This has been a very difficult year for farmers, and these underspends and delayed payments are making a bad situation worse. I am urging Minister Creed to ensure that these payments are forthcoming this month and that farmers are not left in the lurch”. Email Twitter Limerick Ladies National Football League opener to be streamed live Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img read more

Main Evening News, Sport and Obituaries Wednesday June 17th

first_imgAudioHomepage BannerNewsPlayback Pinterest Twitter DL Debate – 24/05/21 By News Highland – June 17, 2020 News, Sport and Obituaries on Monday May 24th Derry draw with Pats: Higgins & Thomson Reaction Harps come back to win in Waterford Main Evening News, Sport and Obituaries Wednesday June 17th:Audio Player Up/Down Arrow keys to increase or decrease volume. Google+ Previous articleCllr Rena Donaghey elected Cathaoirleach of Donegal County CouncilNext articleFurther three people with Covid-19 have died in Ireland News Highland Facebookcenter_img Main Evening News, Sport and Obituaries Wednesday June 17th Pinterest Google+ Facebook WhatsApp Twitter Important message for people attending LUH’s INR clinic WhatsApp RELATED ARTICLESMORE FROM AUTHOR FT Report: Derry City 2 St Pats 2 last_img read more

Organizer of Desert Trip Confirms Event Has Already Grossed $160 Million

first_imgIn a recent interview with The New York Times, AEG/Goldenvoice’s Paul Tollett, promoter of Panorama and the main impetus behind the upcoming Desert Trip event in October at Empire Polo Field (the site of Coachella), discussed the actual gross sales of the massive two-weekend event. While Tollett mainly discussed this weekend’s Panorama Festival at NYC’s Randall’s Island with the likes of LCD Soundsystem, Arcade Fire, Kendrick Lamar, and more, the conversation did take a turn towards what many are calling “Oldchella,” which features headline sets from The Rolling Stones, Bob Dylan, Neil Young, Paul McCartney, The Who, and Roger Waters.The most mind-blowing part of the interview came when Tollett discussed the current gross sales that the one-of-a-kind event has taken in thus far: “the gross (for Desert Trip) is approximately $160 million for the two weekends….it is the highest-grossing show by far. It beat No. 2, which is Coachella, by far.” While this number doesn’t take into account all of the various expenses, that number is already astronomical and still has nearly three months to grow.While discussing Panorama, which Tollett remains unconcerned with whether or not the festival will sell out, he explains the decision to allow the concept to grow in New York rather than go heavy on the marketing right now. “It’s a big city. In the Los Angeles area, you probably have 250,000 or 300,000 people going to music festivals, between Coachella, FYF and others. I’m talking about the non-electronic ones. In Chicago, you’ve got 100,000. You get to New York, there are maybe 40,000. That’s the biggest city in America,” he explained.Tollett continues, “Some people might think that New York doesn’t need festivals. But London is just as cool as New York, and probably a million people go to festivals there, if you count Glastonbury, Reading, Wireless, Hyde Park. It’s big numbers.”It certainly sounds like big numbers to us. You can read more from the interview with The New York Times here.[Hat tip – JamBase]last_img read more