What you will find in this edition
- Feature:
St. Paddy's Day is this Friday - Business Psychology:
Beware of Chronic Stress & the Ides of March - Cross-Border Business:
Doing Business in and through Ireland - Business Etiquette:
When You Talk Too Much! - Fitness & Health:
Exploring the Benefits of Coconut Oil - Spirits & Cuisine:
The History of Irish Coffee - Leisure:
St. Paddy's Traditions that Are Not Irish - Travel:
Greta Places to Visit in Ireland - Corb7 Funding Service:
Worldwide Funding Starting at $10 million - Corb7 International Services:
Swiss Trust Companies for Sale
International Business
Editor's Note
Entrepreneur & Author
JeffCorbett.com
St. Paddy's Day
"A much needed respite from the markets of this week"
"May the road rise to meet you,
May the wind be always at your back.
May the sun shine warm upon your face,
The rains fall soft upon your fields.
And until we meet again,
May God hold you in the palm of his hand”
- Traditional Gaelic Blessing
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Friday is St. Patrick’s Day and many consider it their favorite holiday. We see brighter days ahead but recent events in the United States banking industry have us all on edge. With this edition, nevertheless, we wanted to give a special nod to a holiday which is synonymous with social gatherings and fun.
There is of course, a business side to the 17th of March. Total spending for St. Patrick's Day may get as high as $6 billion in a typical year, as people shell out for plenty of corned beef and fake leprechaun beards. More than 125 million Americans plan to mark the occasion in some way, which is approximately 30x the population of Ireland. We thought it might be enjoyable to take a quick look at this holiday throughout this edition of our newsletter for its history, cuisine and offer a few tips on the almost inevitable over consumption of alcohol.
Shamrock
In ancient Ireland, the shamrock symbolized rebirth, particularly the rebirth of warmer weather. But the shamrock also has more specific ties to St. Patrick, and remains one of the most recognizable symbols associated with his feast day. Historians believe that, on his return to Ireland (a native of Great Britain, St. Patrick was first taken to Ireland after being kidnapped by pirates, later returning as a Christian missionary after his release), St. Patrick used the shamrock to teach the natives about the Holy Trinity. In fact, an image of St. Patrick holding a shamrock first appeared on coins in 1675. The shamrock's status as a symbol would continue to evolve when it became a figure of Irish patriotism during the Irish Rebellion of 1798. In 2003, the shamrock was registered as an international trademark by the Irish government.
Irish Session
St. Patrick's Day celebrants who are not of Irish descent and/or those who have never visited Ireland may not know it, but the live music they may hear when entering a pub on St. Patrick's Day is an integral part of the fabric of Irish culture. An Irish Session typically finds a group of musicians gathered in a pub to play traditional Irish music, oftentimes while seated at a table among their audience. While many pubs reserve stage areas for their musicians on St. Patrick's Day, the spirit of session is still present, as musicians often interact with the audience.
The Tricolor
Many establishments display the familiar Irish tricolor flag on St. Patrick's Day, and parade goers may even wave miniature versions of this significant symbol in support of those marching. This instantly recognizable flag has a rich history. Equal parts green, white and orange, the flag was designed to foster peace in the country that had experienced considerable turmoil due to the divide between the country's Protestant and Catholic residents. The green in the flag represents the Irish Catholics, while the orange represents the Irish Protestants. The white is a symbol of hope for peace between the two factions. Though Ireland established the tricolor as its national flag in 1921, it first appeared much earlier when Irish national Thomas Francis Meagher unfurled it in 1848.
Green
The color green is everywhere come St. Patrick's Day, but celebrants may be surprised to learn that blue is the color that was once most affiliated with St. Patrick himself. Numerous paintings depict St. Patrick wearing blue vestments. But green is the color now most instantly associated with Ireland, which is widely referred to as the "Emerald Isle." Ireland's lush countryside and rolling green hills attract millions of visitors each year.
Cuisine
Corned beef and cabbage might not be a part of many people's diet regimens throughout the year. But come March 17, it's not uncommon to find people from all walks of life indulging in this beloved meal. The precise origins of the link between corned beef and St. Patrick's Day remain a topic of debate, but some historians say the corned beef enjoyed today can be traced to New York City's Irish immigrant population in the 19th and 20th centuries, who popularized a salted meat made from brisket that was then sold by Jewish butchers. Regardless of the authenticity of its link to Ireland, corned beef is delicious and many modern Paddy's Day celebrants wouldn't think of going without it on March 17th.
Our boy "Blue" will be ready!
International Business
Business Psychology
Beware of Chronic Stress & the Ides of March
The Ides of March falls on March 15th.
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Stress poses a significant public health problem. Though work is often cited as a primary cause of stress, in 2022 socioeconomic issues contributed to a spike in stress levels, which serves as proof that there's no shortage of potential stressors.
According to the Stress in America Survey 2022 from the American Psychological Association, 81 percent of respondents indicated they were stressed out due to issues affecting the supply chain. Inflation proved even more troubling, as 87 percent of participants in the survey indicated they were stressed out by the rising cost in living. That's especially noteworthy, as it marked a nearly 30 percent increase from the year prior.
Stress is more than an inconvenience. Though the APA notes the human body is well-equipped to handle stress in small doses, chronic stress poses an entirely different problem, affecting various parts of the body.
Musculoskeletal system
The APA reports that muscle tension is almost a reflex reaction to stress. However, muscle tension for long periods of time can trigger a host of problems, including tension-type headache and migraine headaches, which are each associated with chronic muscle tension in the shoulders, neck and head. The APA notes that work-related stress in particular has been linked to musculoskeletal pain in the lower back and upper extremities.
Respiratory system
Stress can present problems affecting the respiratory system as well. Shortness of breath and rapid breathing can occur when a person is feeling stress. Though the APA acknowledges this is often not a problem for people without respiratory disease, the group notes it can exacerbate breathing problems for people with preexisting respiratory conditions, including asthma and COPD.
Cardiovascular system
Chronic stress can contribute to long-term problems affecting the heart and blood vessels, which the APA notes are the two elements of the cardiovascular system that work together to provide nourishment and oxygen to the body's organs. Chronic stress has many hallmarks, including a consistent and ongoing spike in heart rate. As a result, long-term ongoing stress increases a person's risk for an assortment of cardiovascular problems, including hypertension, heart attack and stroke.
Gastrointestinal system
The APA notes that hundreds of millions of neurons in the gut are in constant communication with the brain. This is why feelings of nervousness or anxiety often produce the sensation of butterflies in the stomach. When a person is dealing with chronic stress, that can affect communication between the gut and brain, potentially leading to pain, bloating and other discomfort in the gut.
Stress is a public health problem that affects people from all walks of life. Individuals feeling excess levels of stress are urged to speak to their physicians and visit apa.org for more information.
Fun Fact: What happened during the Ides of March?
March 15th, the Ides of March, will be forever be associated with the assassination of Julius Caesar by senators hoping to preserve the Roman Republic.
International Business
Cross-Border Business
Doing Business In and Through Ireland
And the many ties to the United States.-------
Ireland:
Location: West of Great Britain.
Capital City: Dublin
Population: 4,937,786
Language Spoken: English, Irish Gaelic
International Time: EST + 5 hours
Airline Service: Delta, Charter flights, Aer Lingus
Currency: Euro
Type of Government: Parliamentary Republic
Ireland is a small island nation, but its diminutive size does not mean it doesn't have a storied history. Celtic influences and Christianity have played a strong role in helping Ireland become what it is today.
Prior to the arrival of Christianity, there was not much written history of Ireland, as much information was passed through rich but spoken tales. It's believed the Celtic culture began to evolve in Ireland between 800 and 400 BC. The ancient Celts were various tribes living in several parts of Europe north of the Mediterranean. Although it's easy to imagine Celtic warriors invading Ireland like the Vikings and Normans did many years later, historians believe the Celts integrated their customs more gradually through trade and travel. The last of the Celts to arrive in Ireland, the Goidelic and Gaelic, are perhaps best known for their influences on the country.
St. Patrick is revered and celebrated for bringing Christianity to Ireland, but in his book, "The Story of Ireland," Irish author Neil Hegarty states that early Christians were most likely Britons who were brought to Ireland as slaves. In 431 AD, Bishop Palladius arrived from Rome to minister to any "Irish believing in Christ." However, St. Patrick is more widely credited with bringing Christianity to Ireland.
Proximity to Britain put Ireland in the eyes of the monarchy. In 1167, Anglo-Normans under the direction of England's King Henry II were able to take possession of the island. When Henry VIII became king in 1541, Ireland became formally united under the British crown.
The area that would eventually be called Northern Ireland has seen its share of conflict. In 1601, Scottish farmers, craftsmen and other settlers arrived at the port of Donaghadee to create the Plantation of Ulster, a British (Protestant) settlement. Gaelic landowners were expelled, and this area would be in turmoil for a century to come.
An effort to regain an Irish-controlled country and one that supported Catholicism became a common theme in Irish history. The Irish Catholic Confederation was one attempt to do just that, as was the Irish Rebellion of 1798. In 1829, Daniel O'Connell's Catholic Association frightened the British with the threat of anarchy in Ireland.
The Easter Rising in 1916, which seized key government buildings in Dublin, would help set the course for the Irish War of Independence. In this uprising, the Irish Republican Army fought against British security forces. As a result of this uprising, Northern Ireland, a small area of the island, was partitioned to become a British-controlled area.
From 1916 to 1937, Ireland held the status of a dominion. In 1937, a new constitution was adopted, and Ireland became a republic, though Northern Ireland remained under British control. Northern Ireland continued to be a conflict-driven portion of the island, and tensions boiled over when British soldiers shot 28 unarmed civilians during a peaceful protest on January 30, 1972, in Derry. Known as "Bloody Sunday," or the "Bogside Massacre," this incident was just one of many significant events that were ultimately referred to as "The Troubles."
More peaceful interactions have occurred in recent years thanks in part to the Good Friday Agreement signed in 1998. Today, Ireland ranks among the 25 wealthiest countries in the world. Though Irish history has its fair share of turmoil, the country has endured and is today among the most influential nations in the world.
U.S. relations with Ireland have long been based on common ancestral ties and shared values. In addition to regular dialogue on political and economic issues, the U.S. and Irish governments benefit from a robust slate of exchanges in areas such as commerce, culture, education, and scientific research.
Ireland is the gateway to Europe for over 700 US companies, who employ over 155,000 people. Multinational companies have chosen Ireland as their strategic European base due to a pro-business environment and attractive taxation rates. Ireland has one of the lowest corporation tax rates in Europe at 12.5%. Many high-tech firms, such as Google, Facebook, and Twitter, base their European operations in Ireland. Apple which is the first company ever to be valued at $1 trillion rearranged its tax affairs substantially in 2015 in response to changes in Irish tax law. With sales of some
€ 119 billion going through its Irish operation, Apple is now Ireland's largest company.
Ireland has never been fully been considered a tax haven by either the OECD or the EU Commission. Legislation, however, heavily favors the establishment and operation of corporations, and the economic environment is very hospitable for all business, especially those invested in research, development, and innovation.
We came across the video below and thought it a perfect fit to this article. Here is a brief account as to how Ireland turned its back on socialism, cut corporate taxes and became the 4th wealthiest nation in the world by GDP per Capita.
International Business
Business Etiquette
When You Talk Too Much!
by Candace SmithThe Etiquette Blog
Candace Smith Etiquette
Biography: Candace Smith, wife of Nobel Prize-Winner Professor Dr. Vernon Smith and owner of the extraordinary blog, “Etiquette for the Business of Life” as featured by BBC, Chicago Tribune and USA Today offers her insights.
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You know you talk too much when you repeatedly hear yourself say, “I’m sorry, I’ve been dominating the conversation.” The confession leads you to your duty of drawing out others’ views. Oh, that precious moment when you discover that you must stop talking to be able to hear!
Recognize the Signs
Do people avoid conversations with you or begin a conversation by letting you know they only have a minute to talk? Or maybe you call someone and leave a voicemail requesting a call back, only to receive a text or email in return.
These are signs that you tend to dominate conversations or make them too lengthy.
Granted, talking too much is a relative term. For an introvert, even a quick exchange of pleasantries can feel like a lot. While others may enjoy taking the time to listen to lengthy stories and anecdotes.
As usual, mindfulness will be your friend in recognizing signs that you talk too much. Consider the following questions:
- Are you talking at a fast pace, avoiding any pause in conversation?
- Are you speaking at a louder than appropriate volume?
- Do you suddenly realize you don’t have a clue what others who are present think about the subject of your conversation?
- Do you feel an urgency to say what you’re thinking, even interrupting others?
- Do you feel an inability to stop yourself from speaking?
Why Do You Talk Too Much?
Identifying what’s behind your talkativeness is helpful.
- What is making me feel nervousness in this situation?
- What seems to be stressing me out?
- Why am I feeling so awkward?
- Have I identified why I am here? What is my purpose here and now in this situation?
A few “go to’s” for immediate calmness:
- Visualize yourself staying calm and allowing others to speak.
- Notice, name, accept, then release your emotions.
- Keep a daily journal to work through your thoughts.
- Develop the practice of not reacting to everything that is brought to your attention.
- At least once a day, schedule 5 or 10 minutes to employ the tool of meditation to become more aware of your thoughts and appreciation of mindfully being quiet. Use a timer to end your personal session.
Remaining calm in social situations requires consistent practice. You might even enter a meeting or social event with the intention of listening and observing in order to curb your desire to speak.
Finding Calm in Silence
Contributing to social or conversational anxiety is the dread of silence. Some people have the impression that a quiet moment or two indicates a lag in conversation or that something is wrong.
Consider silence as a simple pause between topics or an opportunity to gather one’s thoughts. Changing perspective on these uncomfortable moments will help you appreciate them and use them to make conversations more meaningful.
Before long, you’ll probably notice you don’t have the feeling that you need to fill every second by talking. Power comes in the awareness that others might experience the same habits of talking too much. The etiquette-ful actions in the moment of purposefully inviting in and welcoming the conversational contributions of others will reap much self-satisfaction. And the simple guideline of “Now you speak. Then I speak,” can be a useful “how to” in conversation.
Lifestyle
Fitness & Health
Exploring the Benefits of Coconut Oil
by Morayma Makay
Health & Natural Aging Content Creator
Adulthood Rewired Blog
Biography: Morayma Makay is a fashion model, mother, and writer. She has
dedicated the last 20 years to working in the fashion and health fields as
both a researcher and content creator. Most recently, she has launched her own blog Adulthood Rewired and YouTube channel Click Here, to continue sharing her knowledge.
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Our skin absorbs everything we put on it, that’s why making sure to avoid chemicals and toxins in our skincare products is essential. This is perhaps why coconut oil has become super on-trend in the skin care and beauty space, but in reality, it has been used forever as a healing salve and to keep skin and hair healthy.
The reason this oil is so coveted and has been used by many beauty industry insiders is because it is an extremely effective moisturizer due to its high content of saturated and unsaturated fats that easily penetrate the skin and nourish it from the inside out. It’s also full of beneficial antioxidants which fend off harmful free radicals and help skin retain its elasticity while reducing fine lines and wrinkles.
Adding a teaspoon of coconut oil to your tea or coffee also aids in protecting your skin’s moisture levels from the inside out. Not only does this oil benefit skin that is already healthy, but it is common for dermatologists in Europe to recommend patients suffering from psoriasis and eczema to use the oil on the affected areas in order to calm the itching and inflammation. The reason for this is that this oil contains antibacterial and anti-inflammatory properties, making it effective at soothing and healing skin irritations.
Applying coconut oil when you’ve just stepped out of the shower and your skin is still a little damp is another wonderful tip for ensuring all over moisture. Doing a full body coconut oil slather at bedtime allows all of the nutrients to absorb into your skin overnight resulting in supple glowing skin in the morning. This is particularly good in winter when our skin tends to dry out due to weather conditions and forced air heat.
Coconut oil has also become very popular in the past few years with the advent of Bulletproof Coffee and paleo cooking. It smells great, it works, it’s relatively inexpensive, and despite its current popularity, has actually been used for generations in many cultures to promote health inside and out.
Chapped lips? Coconut oil. Cut or abrasion? Coconut oil. Avoiding stretch marks on my belly during pregnancy? Coconut oil (although there is a genetic component to not getting them, giving your skin extra elasticity doesn’t hurt). Healthier, brighter smile/teeth? Coconut oil. Natural make-up remover? Coconut oil. Dry hair and split ends? Coconut oil. The uses for this simple item are almost limitless!
Lifestyle
Spirits & Cuisine
The History of Irish Coffee
A cold weather treat.-------
The origins of Irish coffee are sometimes debated, though many historians trace the beverage to a stormy night in Ireland. One fateful night in 1943, Irishman Joe Sheridan was called back to work at the restaurant and coffee shop at the Foynes Airbase Flying Boat terminal in County Limerick. A flight that had recently departed for Newfoundland was forced to return to the airport that night due to inclement weather. According to the Foynes Flying Boat and Maritime Museum, Sheridan was asked to make something for the passengers to help them stay warm. Before serving some freshly made coffee, Sheridan decided to add a little Irish whiskey, and the rest is history.
The popularity of Irish coffee is undeniable, and some of that popularity likely stems from how easy it can be to make the drink at home. Though Irish coffee is a straightforward beverage, the Foynes Flying Boat and Maritime Museum offers the following tips for those who want to whip up a batch that would make Sheridan proud.
1. Preheat an Irish coffee glass by filling it with boiling water. Keep the water in the glass for 5 seconds, and then pour the water out.
2. Add 1 teaspoon of brown sugar and a good measure of Irish whiskey into the warmed glass.
3. Fill the glass to within 1 centimeter (a little less than half an inch) of the brim of the glass with hot and strong black coffee. Stir well so all of the brown sugar dissolves.
4. Carefully pour lightly whipped cream over the back of a spoon. The goal is to ensure the cream floats on top of the coffee.
5. Do not stir after adding the cream. It's important to avoid stirring because the Irish coffee will be most flavorful if you drink the coffee and whiskey through the cream.
A pint of Guinness might be a must for millions of St. Patrick's Day celebrants across the globe. But those who want something a little warmer can try their hands at Irish coffee as they toast the patron saint of Ireland this March.
Lifestyle
Leisure
St Paddy's Traditions that Are Not Irish
A fun look at the holiday.-------
St. Patrick's Day is made special by various traditions. Everything from dyeing major cities' rivers green to parades to enjoying green foods has become part of the pageantry of St. Patrick's Day.
The next time you raise a green beer to your lips, you may wonder which traditions are authentically Irish and which ones were created by regions with an abundance of Irish emigrants. Surprisingly, many seemingly Irish traditions likely began elsewhere.
First parade
It would be accurate to assume that various elements associated with St. Patrick's Day began where St. Patrick, the patron saint of Ireland, once resided, including the first St. Patrick's Day parade. However, some of the first parades held in St. Patrick's honor took place in two North American cities, New York and Boston, that had high numbers of Irish immigrants. But historians say the first ever St. Patrick's Day parade was actually held in St. Augustine, Florida in 1601, a year after gunfire blasts were used to honor the saint. The parade may have been at the request of an Irish priest living there at the time.
Corned beef and cabbage
What would St. Patrick's Day be without an authentic meal of corned beef and cabbage? This dish is not so authentic after all, and actually is an American innovation. Ham and cabbage was widely eaten in Ireland, but corned beef was a cheaper alternative found in America by immigrants. Therefore, corned beef became a staple of poor Irish immigrants living in lower Manhattan. The salted meat was boiled three times to remove some of the brine and make it palatable.
Green beer
Green beer is not an Irish custom, but an American one. The most common beer consumed in Ireland is Guinness, which is dark brown to black in color, making green dye useless in Irish pubs since it would be largely invisible in the stout.
Golf tournaments
One would not associate golf with St. Patrick's Day unless they reside in Nome, Alaska. Golf is a popular Irish pastime, and each year the Bering Sea Ice Classic Golf Tournament takes place right around St. Patrick's Day. Bright green golf balls are used, and breaks are factored in between holes to warm up at local bars.
Wearing green
According to The Christian Science Monitor, individuals in the United States started wearing green to celebrate St. Patrick's Day in the early 1700s. They believed it "made one invisible to leprechauns." The official color for the holiday used to be a sky blue known as "St. Patrick's Day Blue," established during the reign of King George III.
In addition to these traditions, specialty items, such as coffees and shakes, also are very popular. However, most of these do not have origins on the Emerald Isle, either. Yet, no matter where traditions began, there's no denying St. Patrick's Day has long inspired celebration.
Lifestyle
Travel
Great Places to Visit in Ireland
The Emerald Isle.-------
Affectionately known as the Emerald Isle due to its rolling green hills and other verdigris landscapes, Ireland is a beautiful country that welcomes millions of visitors each year under normal circumstances. Friendly locals and rich history are two additional reasons why travelers journey to Ireland and immerse oneself in the magic of this seemingly enchanted country.
As an island nation, Ireland may seem large, but in reality it is just 32,595 square miles (84,421 square kilometers). That's roughly the size of the state of West Virginia. One can drive from the most northern point to the southernmost point in less than eight hours.
While Ireland may not be very large, it certainly packs a punch in regard to its attractions. There is a lot going on in a relatively small amount of space. So much so that travelers may need some inspiration as to the best places to visit. These top spots should be on any visitor's list.
Dublin
Those who have only a small time in Ireland don't want to miss Dublin. It's the country's metropolitan hub with culture, music and much more. It also has many points of interest, including the popular Guinness Storehouse. Also in Dublin, visitors may want to check out Kilmainham Gaol, a former prison built in 1796. It has a rich history regarding the country's long-running resistance to British rule. Those who want the city feel of Ireland will find Dublin doesn't disappoint.
Cliffs of Moher
It's difficult not to be impressed by the Cliffs of Moher. The entirely vertical cliffs reach high into the sky and the edges fall away abruptly into the churning Atlantic Ocean. The Aran Islands and the hills of Connemara can be seen in the distance.
Wild Atlantic Way
This is a scenic route that runs through Galway. It stretches 1,555 miles and the craggy Donegal coastline can be seen during the adventure. Galway offers a nice mix of city attractions but also plenty of natural wonders.
Rossnowlagh
While surfers may head to Hawaii or Australia to catch impressive waves, thrill-seekers may want to check out Rossnowlagh as well. It's one of Europe's premier surf beaches and a big draw for surfers seeking huge waves.
Aran Islands
Travelers seeking a taste of what Ireland looked like decades ago should not miss the Aran Islands. They are accessible by ferry or plane and feature untouched landscapes and noteworthy sights.
Killarney National Park
Killarney National Park located in County Kerry is an area of rugged mountain country. A focal point of the park is Muckross House and Gardens, a 19th century mansion decorated in period furniture and artifacts. Also on the grounds is the Bourn Vincent Memorial Park donated to the Irish state in 1932.
Visiting Ireland can be an exciting prospect when travelers take in the many beautiful and historic places of interest across the country.
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