Corb7 International May 1st, 2024 Newsletter

International Business 

Publisher's Note

Entrepreneur & Author
JeffCorbett.com
 

May Comes in with a Bang

Three events within two weeks.    

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Business news both on the international and domestic front is extremely intense. So as investors in the United States gear up for earnings reports from major companies, we thought it an excellent opportunity to lighten it up a little. 

Cinco de Mayo, the Derby & Mother's Day!

Within the next two weeks, we will experience a triple-header as these three events take place: Cinco de Mayo, The Kentucky Derby  and Mother's Day.  Personally, the Kentucky Derby is always a favorite.  We were lucky enough to go twice and it does not disappoint.  We provide a complete synopsis of everything you need to know below in our Travel Section.   

Cinco de Mayo has become a pseudo holiday in the United States and most are not sure why.  In our Leisure Section we explain. 

Mothers Day falls on different days in different countries depending on their history and their set traditions for celebrating mothers. In any case it is celebrated around the world as a way to honor the women who gave us life.  in the United States, it will be celebrate on May 12th this year.  In our Etiquette Section, Candace Smith explains why you should give flowers on this and any occasion.  

Hope this is a great month for all of us!

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For more about my wonderings through Business, Lifestyle, Health, Aging & Travel  
please see my blog:  JeffCorbett.com

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International Business 

Business Psychology

Yoga is Good for Business

Great for improving your concentration & relaxation.    

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Are you ready for warrior pose? Have you engaged in downward dog today? You no doubt understand these questions if you have an even cursory knowledge of yoga.

Yoga is an ancient, ascetic Hindu discipline comprised of controlled breathing, body positions and meditation. The goal of yoga is to attain a deep state of tranquility and spiritual insight. While people may be quick to associate yoga with popular poses, it's the complete package of breathing and reflection that does wonderful things for the mind and body.

Johns Hopkins Medicine says yoga can benefit people of all ages. It can help the healthy, but also can be utilized to treat people recovering from illness or surgery or those living with a chronic condition. While the scientific research into yoga's health benefits is preliminary and not extensive, certain trends have emerged.

1. Improves flexibility: According to Yoga Journal, even the lowest intensity styles of yoga have been shown to increase flexibility. Yoga is especially helpful for adults ages 65 and older, helping to slow age-related loss of flexibility.

2. Brain boost: Gray matter in the brain can diminish as people get older. However, according to a study funded by the National Center for Complementary and Integrative Health, there is no relationship between gray matter and age among yoga practitioners. In fact, yoga participants showed increased volume in certain brain regions commensurate with the number of years of yoga experience and practice,.

3. Back pain relief: Yoga poses can help alleviate pain in various regions of the body, notably the lower back. The American College of Physicians recommends yoga as a first-line treatment for chronic lower back pain.

4. Alleviate joint pain: Johns Hopkins Medicine says gentle yoga can alleviate some of the discomfort of arthritis, particularly tender, swollen joints.

5. Improved mental health: A recent meta-analysis of 23 interventions looking at yoga to alleviate depressive symptoms overwhelmingly indicated yoga can be an effective alternative treatment for major depressive disorder. MDD is thought to be one of the most common mental health disorders in the world.

6. Reduced inflammation: A study published in 2018 in Biological Research for Nursing determined yoga is a viable intervention to reduce inflammation across a multitude of chronic conditions, such as rheumatoid arthritis, heart disease, Crohn's disease, and cancer.

In addition to these health benefits, yoga can help tame stress, reduce pain, improve quality of sleep, and even boost immunity. Individuals are urged to start gradually in basic level yoga classes and slowly increase intensity as they grow more comfortable.

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International Business 

Cross-Border Business

Vanuatu Citizenship Program

by Selina Kolthek
Managing Director
Trade Commissioner of The Republic of Vanuatu
Website: vicl.vu
Email: Selina@vivi.vu

A pathway to global mobility. 

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Vanuatu, a breath-taking archipelago in the Pacific Ocean, is blessed with natural beauty, warm people, and a stable political environment. The country has emerged as an attractive destination for investors and entrepreneurs seeking to expand their business horizons, explore new markets, and secure their future.

With the Vanuatu Citizenship by Investment (CBI) Program, eligible individuals and families can obtain a second passport and enjoy the benefits of global mobility, financial privacy, and increased opportunities. This program, which is recognized by the Vanuatu Government, offers a fast-track process to acquire citizenship by investing in the country's development programs.

Vanuatu Investment Citizenship Ltd (VIC), a licensed government agent, and key promoter of the Vanuatu CBI Program, provides a reliable and efficient pathway for investors to obtain citizenship and reap the rewards of this idyllic nation.

What is the Vanuatu Citizenship by Investment Program?

The Vanuatu Citizenship by Investment Program, Development Support Program (DSP) was launched in 2017 to attract foreign investment and promote economic growth.

This program allows qualified individuals to gain citizenship and enjoy the privileges and rights of Vanuatu citizens, including visa-free travel to over 100 countries, tax benefits, and access to the country's banking and financial system.

To participate in the program, applicants must fulfil the following requirements:

• Be at least 18 years old

• Have no criminal record

• Have a net worth of at least USD $250,000

• Make a one-time donation starting at USD $130,000 for Single Applicant

The Government donation must be made through an authorized licensed agent, such as VIC, and the applicant must provide proof of the source of funds and comply with ongoing due diligence checks.

Once the application is accepted, the applicant and their family members can obtain citizenship within 4 to 6 weeks, followed by the issuance of a Vanuatu passport. The passport is valid for ten years and can be renewed indefinitely, provided that the holder complies with the country's laws and regulations.

Why Choose Vanuatu for Citizenship by Investment?

Vanuatu offers a unique combination of advantages that make it an excellent choice for investors seeking to diversify their portfolio, safeguard their assets, and enhance their lifestyle.

Some of the benefits of Vanuatu CBI include:

• Strategic Location: Vanuatu is strategically located between Australia and New Zealand, making it a gateway to the Asia-Pacific region. The country has a strong economic and trade relationship with its neighbours, and it offers favourable conditions for business and tourism.

• Political Stability: Vanuatu is a parliamentary democracy with a stable political system, independent judiciary, and low crime rate. The country has a reputation for transparency, good governance, and respect for human rights.

• Tax-Friendly Environment: Vanuatu does not impose any capital gains tax, inheritance tax, or wealth tax. This favourable tax regime makes Vanuatu an attractive destination for high-net-worth individuals and businesses.

• Visa-Free Travel: Vanuatu passport holders can travel without a visa to over 100 countries, including the UK, Russia, Singapore, and Hong Kong. This allows investors to expand their business interests, explore new markets, and enjoy hassle-free travel.

• High Quality of Life: Vanuatu is known for its pristine beaches, tropical climate, and diverse culture. The country offers a wide range of leisure activities, such as hiking, diving, fishing, and cultural events. The local population is friendly, welcoming, and multicultural, creating a harmonious society.

Vanuatu Investment Citizenship Ltd: Your Trusted Partner for Citizenship by Investment Vanuatu Investment Citizenship Ltd (VIC) is a licensed government agent and one of the key promoters of the Vanuatu CBI Program. VIC operates with the mandate of the Vanuatu Government and adheres to strict standards of compliance, transparency, and professionalism.

The CEO of VIC, Dean Kolthek and Managing Director, Selina Kolthek both hold Trade Commissioner positions of Vanuatu to Australia appointed by the Minister of Foreign Affairs in recognition of their successful promotion of investment and trade in Vanuatu.

VIC offers a comprehensive suite of services to assist investors in obtaining Vanuatu citizenship, including:

• Initial consultation and eligibility assessment

• Preparation and submission of the application

• Due diligence checks and compliance monitoring

• Passport and citizenship issuance

• Ongoing support and after-sales assistance.

VIC works closely with its network of trusted partners, including lawyers, accountants, and developers, to ensure that investors receive timely and accurate advice on all aspects of Vanuatu DSP.

Conclusion

The Vanuatu Citizenship by Investment Program, DSP is a reliable and convenient way for investors to obtain a second passport and access the benefits of global mobility, financial privacy, and increased opportunities. Vanuatu, with its stunning natural landscape, stable political environment, and favourable tax regime, offers a unique proposition for high-net-worth individuals and businesses seeking to expand their horizons.

Vanuatu Investment Citizenship Ltd. 

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International Business

Business Etiquette

Flowers for Mother's Day

by Candace Smith
The 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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Mothers Day falls on different days in different countries depending on their history and their set traditions for celebrating mothers. In any case it is celebrated around the world as a way to honor the women who gave us life.  in the United States, it will be celebrate on May 12th this year. 

Since ancient times, the act of giving flowers has conveyed a special meaning. Whether used as a show of respect, appreciation, romantic love, friendship, or condolences, flowers provide a message for those who receive them in a language all their own.

Etiquette-ful Flowers

Etiquette encourages us to show kindness and consideration as often as possible. Flowers provide one method for doing this.

• Saying thank you.  Flowers are a wonderful accompaniment to a thank-you note.  
• Sending good thoughts.  Sending flowers with a note of encouragement, get well wishes, condolences, wishing good luck, or just to let someone know you are thinking of them will be a bright moment in any day.
• Welcome.  A new neighbor, roommate, office colleague, or someone who has moved away will appreciate a welcome floral arrangement to help them adjust to a new environment.
• A thoughtful gift.  Bringing flowers to someone’s home when you’ve been invited for dinner, or as a gift for a special occasion is always appreciated.

No Special Occasion Necessary

Research studies reveal that around 89% of people feel special when receiving flowers.  This high percentage is the very reason the floral business is consistently booming.  And no wonder – flowers are and always have been a gift based on emotion.

Whether or not you have difficulty expressing your feelings, giving flowers to help relay the message you want to send is a good idea. 

In Victorian times, types and colors of flowers were used to send very specific messages.  From friendship to infidelity, there was a flower for every occasion.   These days, that specificity is not so intact, though roses still tend to imply a more romantic interest, particularly red roses.

If the object of your affection is not a fan of roses, but you still want to convey a message of romance, an arrangement of red and pink blooms should do the trick.

If romance is not what you choose to communicate, send an arrangement that has a mix of colorful flowers, especially if roses are included.

Etiquette Guidelines for Giving Flowers

Though giving flowers is relatively easy whether you have them delivered or deliver them yourself, there are considerations to give thought to.  You might use the following checklist before placing your order for an arrangement.

• Does the person have any allergies that might prevent them from enjoying your choice of flower?
• If you are having a floral arrangement delivered, did you include a note letting the receiver know who it is from?  Sure, secret admirer gifts are fun, but they can backfire sometimes.
• Do you know the person’s preference on color or type of favorite flower?  Instead of a bouquet of stems, would they prefer a potted plant instead?
• Will the type of arrangement you are sending relay the message intended?  This is also where an enclosed card can be useful.  

When sending flowers to someone for the first time, you can use the occasion to find out their preferences for future gift-giving.  Just make sure you remember what their favorite flower is!

But most importantly, for any occasion or no occasion, you can almost never go wrong when giving flowers. 

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International Business

Business Relocation

The Art of Relocating to a Small Town

by Morayma MaKay
Corporate Relocation Consultant & Coach
Get-Ready-Set-Move

The freedom to move.  -------

The decision to trade the hustle and bustle of urban living for the tranquility of a small town is a transformative one. Whether it's something you have been planning for a long time, or a sudden relocation for work...the truth is that living in a small town can be one of the most life changing and wonderful experiences of your life.
 
In this blog post, we'll explore the benefits of relocating to a small town, what to expect in this transition, and tips on acclimating seamlessly if you're accustomed to the fast-paced urban lifestyle.
 
Benefits of Small-Town Living:

• Community Connection: Small towns foster a strong sense of community. Expect to know your neighbors, local business owners, and become an integral part of the community fabric.
• Peace and Quiet: Say goodbye to the constant background noise of urban life. Small towns offer peace and quiet, allowing for a more relaxed and stress-free environment.
• Affordability: In many cases, small towns boast a lower cost of living compared to urban areas. Housing, groceries, and daily expenses may be more budget-friendly.
• Natural Beauty: Embrace the beauty of nature that often surrounds small towns. Parks, lakes, and scenic landscapes become an integral part of your everyday life.

  What to Expect:   

• Slower Pace: Life in a small town moves at a slower pace. Be prepared to adjust your expectations and savor the unhurried rhythm of daily living.
• Limited Amenities: Small towns may not have the abundance of amenities found in cities. While there might be fewer restaurants and entertainment options, you'll discover unique local gems.
• Tight-Knit Social Scene: Expect a close-knit social scene where community events and gatherings play a significant role. Embrace the opportunity to build meaningful relationships.
• Less Traffic: Traffic jams become a thing of the past. Enjoy a more relaxed commute and the luxury of reaching your destination without the stress of heavy traffic.

 
Tips for Acclimating:  

• Get Involved: Engage in local events, join community groups, and attend town meetings. Getting involved is a fantastic way to meet people and become an active member of your new community.
• Explore Local Culture: Embrace the local culture by attending town fairs, farmers' markets, and cultural events. These experiences offer a deep connection to the community.
• Support Local Businesses: Small towns thrive on local businesses. Support your new community by shopping at local stores, dining in neighborhood restaurants, and utilizing local services.
• Be Patient: Adjusting to a slower pace takes time. Be patient with yourself and allow the small-town lifestyle to grow on you gradually.
• Celebrate the Quiet Moments: Learn to appreciate the beauty of quiet moments. Take leisurely walks, enjoy serene sunsets, and relish the simplicity that small-town living brings.

 
Relocating to a small town from an urban area is a remarkable journey that offers a different perspective on life. Embrace the community spirit, revel in the tranquility, and savor the unique experiences that small-town living brings. By immersing yourself in local culture and engaging with the community, you'll find that the benefits far outweigh any initial adjustments. Welcome to the charm and simplicity of small-town living!  

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International Business 

Investment Strategies

Catch-Up on Retirement!

United States & Canada locations.

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Take advantage of catch-up rules if you qualify!

Laws governing retirement accounts in the United States allow individuals 50 and older to contribute more to their retirement accounts than they're eligible to contribute prior to turning 50. Bankrate notes that current laws allow individuals over 50 to contribute an extra $1,000 per year to a traditional or Roth IRA and an extra $7,500 annually to a 401(k), 403(b) or 457(b) account.

In Canada, individuals can contribute the maximum to a Registered Retirement Savings Plan (RRSP). According to the National Bank of Canada, individuals can contribute up to 18 percent of their annual income to an RRSP, and those contributions are deducted from taxable income. That means individuals are potentially saving more for down the road and paying less in taxes today. 

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Please keep in mind this information should not be considered as financial advice. Investment decisions should be based on individual research and consultation with a qualified financial professional. The value of investments can fluctuate, and past performance is not indicative of future results. Always consider your risk tolerance and financial goals before making investment decisions.  

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Lifestyle  

Fitness, Health & Longevity

Age-based Calorie Guidelines for Men

The body changes as we age. 

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The human body changes quite a bit as a person ages. A glance at a man's face is a testament to the changes men's bodies undergo during their lifetimes, as boys are not born with facial hair but begin to grow it during puberty.

Men's bodies indeed undergo significant changes during their lifetimes, and that's reflected in various recommendations from health care experts. Men's dietary needs change as their bodies age, and calorie consumption guidelines can help them avoid overeating. That's no small benefit, as the MD Anderson Cancer Center notes the consequences of overeating are wide-ranging and include:

· Feeling tired, sluggish or drowsy

· Discomfort

· Overexertion of the organs, which must secrete extra hormones and enzymes to break food down

· Heartburn, which results when the stomach produces hydrochloric acid to break down food. When that happens, acid can back up into the esophagus.

· Temporary feelings of being hot, sweaty or dizzy, which can occur as metabolism speeds up in an effort to burn extra calories.

Each of those side effects is unpleasant but preventable. Men who recognize calorie consumption needs change as their bodies age can alter their diets so they avoid overeating and all the negative side effects that come with it.

The National Institutes of Health notes that calorie needs differ by age and also by physical activity levels. Men can keep these guidelines from the U.S. Department of Health & Human Services and the United States Department of Agriculture in mind as they plan their diets.

Not Active

· Age 19 to 30 years: Between 2,400 and 2,600 calories per day

· Age 31 to 50 years: Between 2,200 and 2,400 calories per day

· 51 years and older: Between 2,000 and 2,200 calories

Somewhat Active

· Age 19 to 30 years: Between 2,600 and 2,800 calories per day

· Age 31 to 50 years: Between 2,400 and 2,600 calories per day

· 51 years and older: Between 2,200 and 2,400 calories per day

Very Active

· Age 19 to 30 years: 3,000 calories

· Age 31 to 50 years: Between 2,800 and 3,000 calories

· 51 years and older: Between 2,400 and 2,800 calories

It's important that men recognize that all calories are not the same. Certain calories are characterized as "empty" because they are found in foods that provide little or no nutritional value. Indeed, WebMD notes it's possible to stay within a calorie budget eating low-quality foods that lack nutrition. Doing so negates the benefits of planning and consuming a diet that adheres to HHS and USDA calorie guidelines. Men are urged to work with their physicians and/or a certified dietitian or nutritionist to develop a dietary plan that provides sufficient nutrition and stays within recommended calorie intake guidelines.

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Lifestyle  

 Spirits & Cuisine

The Perfect Mint Julep!

Just in time for the Derby this weekend.  

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Mint Juleps are the official drink of the Kentucky Derby.  Since the 150th Run for the Roses is Saturday we thought you might enjoy this video via the link below which provides a great recipe.  

Click Here

If your old school and like it written out, here's a a classic mint julep recipe which typically includes bourbon, fresh mint leaves, sugar, and crushed ice.

Try this recipe:

Ingredients:
 
      • 2 oz bourbon
      • 1/2 oz simple syrup (or to taste)
      • 4-6 fresh mint leaves
      • Crushed ice
 
Instructions:
 
      1. Place mint leaves and simple syrup in a julep cup or glass.
      2. Gently muddle the mint leaves to release their flavor.
      3. Fill the cup with crushed ice.
      4. Pour bourbon over the ice.
      5. Stir well until the outside of the cup becomes frosty.
      6. Garnish with a fresh mint sprig.
      7. Serve and enjoy your refreshing mint julep!

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Lifestyle 

Leisure

What is Cinco de Mayo?

The May  5th celebration is this Sunday.   

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Cinco de Mayo is a Mexican holiday celebrated by millions of people each year. Oddly enough, the majority of those people live in the United States instead of Mexico.

Cinco de Mayo commemorates the Battle of Puebla, during which he Mexican Army overcame significant obstacles to defeat the French Army under the direction of General Ignacio Zaragoza. On May 5, 1862, an attacking French Army battled against Mexican forces that were roughly half the size of their opponents. Despite that decided disadvantage, the Mexican Army won the battle. Mexican forces would ultimately be defeated by the French a year later, but that same year witnessed the first celebrations of Cinco de Mayo in California, where Mexican miners celebrated the heroic efforts of their countrymen a year prior. Curiously, those 1863 celebrations would prove to be a harbinger of things to come, as Cinco de Mayo eventually became a more prominent holiday in the United States than it did in Mexico.

The only major celebrations of Cinco de Mayo in Mexico, where the day is a holiday but not considered a significant one (banks and government offices remain open), take place in Puebla, though the neighboring state of Veracruz also treats the day with a greater degree of significance than elsewhere in Mexico.

Historical reenactments of the battle and parades are part of celebrations in Puebla. Celebrations in the United States are considerable, as many people, including those with no ancestral ties to Mexico, look forward to May 5 as an opportunity to celebrate Mexican culture and food as well as the many traditions that make Mexico such a unique and special place. Cinco de Mayo celebrations in the United States bear some resemblance to the country's St. Patrick's Day celebrations. St. Patrick is the patron saint of Ireland, though many American St. Patrick's Day celebrants have no connection to Ireland or the Catholic Church. Rather, the day has become an opportunity for people from various backgrounds to celebrate Irish culture, much like Cinco de Mayo marks a chance to celebrate Mexican culture.  

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Lifestyle

Travel

The Kentucky Derby 2024

This Saturday marks the 150th run for the roses.  

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Few sporting events are shrouded in history and tradition as much as the Kentucky Derby. Billed as the "the fastest two minutes in sports," the Derby began in 1875 and is celebrated each year on the first Sunday in May.

Many horse racing fans make entire weekends out of the Derby, planning their celebrations months in advance of the race.  Churchill Downs has a regular capacity of 165,000, including general admission tickets. A

For those who cannot travel to Churchill Downs and attend the race in person, viewing parties are available all over the globe.

The pageantry surrounding the Kentucky Derby is well documented, but the following are a few interesting tidbits about the famed "Run for the Roses®."

· The Kentucky Derby began when Meriwether Lewis Clark traveled to Europe and attended the Epsom Derby in England. Clark was inspired to create a similar horse racing event in America.

· 2024 marks the 150th running of the race.

· Each year, roughly 120,000 mint juleps are consumed at Churchill Downs. The mint julep is the traditional drink of the Derby, and it is made with Kentucky bourbon, simple syrup, mint, crushed ice, and powdered sugar. Please see our Cuisine Section for the perfect mint julep recipe. 

· Secretariat is the fastest horse in Derby history, crossing the finish line in less than two minutes.

· There have been 19 winning horses in Kentucky Derby history whose names begin with the letter "S".

· On Derby Day, the infield at Churchill Downs  typically hosts 80,000 celebrants.

· The Kentucky Derby race track is 1and 1/4 miles, which has been the standard since 1896. The first Derby races were slightly longer, at 1 and 1/2 miles.

· Male horses win the race more often than females. Of the 40 fillies to compete throughout Derby history, only three have won.

· Elegantly dressed women donning over-the-top hats usually grace Churchill Downs for the race. Many begin planning their styles and securing their hats weeks in advance.

· The best finish for a female jockey at the Derby was fifth place. Rosie Napravnik finished fifth while riding Mylute in 2013.

· "The Run for the Roses" refers to the red rose blanket that will be draped over the winner of the Derby.

The 2024 Kentucky Derby will air on this Saturday, May 4th with coverage from Churchill beginning at 2:30 ET on NBC.  Coverage is also available to stream live on NBCSports.com, the NBC Sports app and Peacock. Post time for the 2024 Kentucky Derby is set for approximately 6:57 p.m. ET. Riders-up will be approximately 6:30 ET.  

For the first time, post positions were drawn on Saturday at the newly-renovated paddock at Churchill Downs, a full week ahead of the annual races at Churchill Downs and not on the Monday prior. 

Hope you can enjoy the Kentucky Derby this weekend!



ChurchillDowns.com 

2024 Kentucky Derby horses and odds (via CBS Sports)

Number (Post) Horse Trainer Jockey Morning-line odds 

1	Dornoch	Danny Gargan	Luis Saez	20-1 (+2000)
2	Sierra Leone	Chad Brown	Tyler Gaffalione	3-1 (+300)
3	Mystik Dan	Kenny McPeek	Brian Hernandez Jr.	20-1 (+2000)
4	Catching Freedom	Brad Cox	Flavien Prat	8-1 (+800)
5	Catalytic	Saffie Joseph Jr.	José Ortiz	30-1 (+3000)
6	Just Steel	D. Wayne Lukas	Keith Asmussen	20-1 (+2000)
7	Honor Marie	Whit Beckman	Ben Curtis	20-1 (+2000)
8	Just a Touch	Brad Cox	Florent Geroux	10-1 (+1000)
9	Encino	Brad Cox	Axel Concepción	20-1 (+2000)
10	T O Password	Daisuke Takayanagi	Kazushi Kimura	30-1 (+3000)
11	Forever Young	Yoshito Yahagi	Ryusei Sakai	10-1 (+1000)
12	Track Phantom	Steve Asmussen	Joel Rosario	20-1 (+2000)
13	West Saratoga	Larry Demeritte	Jesús Castañón	50-1 (+5000)
14	Endlessly	Michael McCarthy	Umberto Rispoli	30-1 (+3000)
15	Domestic Product	Chad Brown	Irad Ortiz Jr.	30-1 (+3000)
16	Grand Mo the First	Victor Barboza Jr.	Emisael Jaramillo	50-1 (+5000)
17	Fierceness	Todd Pletcher	John Velazquez	5-2 (+250)
18	Stronghold	Phil D'Amato	Antonio Fresu	20-1 (+2000)
19	Resilience	Bill Mott	Junior Alvarado	20-1 (+2000)
20	Society Man	Danny Gargan	Frankie Dettori	50-1 (+5000)

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Business Services

Business Services

Corb7 International, Inc.

Think Seven Continents, Think a World of Opportunity!



 

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