Yesterday, Wu-Tang Clan shared a new track “People Say” featuring Redman without any peep on their website or socials. The rumor cycle spun out of control with predictions of a new album, or presumptions that it might be from Once Upon A Time In Shaolin, which is technically owned by pharma CEO Martin Shkreli. A few hours after the release, suspicions were confirmed by the hip-hop masters that indeed there is a new album on the way, Wu-Tang: The Saga Continues, due out October 13. The forthcoming record is produced by RZA and Mathematics.RZA explains in a press release, “For years, Math has had the idea of putting together a body of music using modern and legendary equipment such as ASR10 with vocal performances by Wu-Tang Clan members and other prominent MCs.” He continues, “With The Saga Continues he’s created a masterpiece. We at 36 Chambers ALC are honored to work with Mathematics and Wu-Tang Clan to put out a great piece of art.”Following their 2014 A Better Tomorrow, “People Say” is the second single from 2017 alongside “Don’t Stop,” which was part of the HBO comedy Silicon Valley soundtrack. Taste the first piece of Wu-Tang: The Saga Continues below:Wu-Tang Clan will tour as both solo and group performances throughout the U.S. this fall.Wu-Tang Clan 2017 Tour Dates:09/01 — Kalamazoo, MI @ The Back Room *09/03 — Chicago, IL @ Soldier Field ^09/07 — Buffalo, NY @ Waiting Room *09/10 — Clio, MI @ Cannibis Cup09/15 — Brooklyn, NY @ Brooklyn Bowl #09/16 — Chicago, IL @ Riot Fest09/17 — Los Angeles, CA @ Paid Dues Fest *09/22 — Tulsa, OK @ The Vanguard *09/24 — Dallas, TX @ Gas Monkey *09/25 — Austin, TX @ Antone’s *09/26 — San Antonio, TX @ The Korova *10/06 — St. Paul, MN @ Amsterdam Bar & Hall *10/07 — Los Angeles, CA @ Globe Theater *10/08 — Atlanta, GA @ Georgia Freight Depot #10/21 — Chicago, IL @ Navy Pier #* = Raekwon solo^ = Method Man & Redman# = Ghostface Killah solo
Jarrod Wallace, and partner Courtney Thorpe, announced on Instagram that they had bought their first home.JARROD Wallace has almost two weeks before he returns from suspension to the NRL with the Gold Coast Titans, but he has been making good use of his time away from the field.Wallace, and partner Courtney Thorpe, announced on Instagram last night that they had bought their first home and are looking forward to renovating it. Jarrod Wallace and Courtney Thorpe have bought their first house.“I am absolutely over the moon to say that we have bought our very own house together,” Thorpe, who was crowned Miss World Australia 2014, wrote.“We are renovating this baby and have wasted no time getting started — four days after we got the keys actually.“Get ready for a whole lot of renovating snaps.”More from news02:37International architect Desmond Brooks selling luxury beach villa19 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoIt’s understood the pair bought on the Gold Coast.Friends, fans and family jumped online to congratulate the duo.One Insta-friend asked if there was a room free for him, and Thorpe replied: “You can even choose between the “pink ballerina” or the “purple mermaid” rooms.” Jarrod Wallace and Courtney Thorpe have bought their first house on the Gold Coast.Nrl.com.au have reported that Wallace’s Titans’ team mate Jai Arrow helped him move into the home.“Last Friday and Saturday he helped me move house and we were sitting in the truck outside our new place talking footy and I said ‘to tell you the truth, the biggest disappointment is not being there to lace up the boots with you in your debut game’,” he told the website in a preview to last weekend’s season opener. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenTitans stars go toe-to-toe in boxing00:41 Wallace watched the match from the sideline, with his team mates digging deep to secure a 30-28 win over the Canberra Raiders at Cbus Stadium.The Queensland Origin player received a three-game ban for a shoulder charge on Bulldogs half Moses Mbye in Round 25 last season.He will be unavailable to play the Warriors this Saturday at Mt Smart Stadium, but should be ready to return for the round three match-up against St George-Illawarra Dragons.
State-backed financial aid may offer relief for German occupational pension schemes of airlines in financial distress due to the COVID-19 pandemic.“The state aid in the form of a stake in Lufthansa is a positive signal for occupational pensions because it also covers pensions’ solvency,” Michael Ries, managing partner at Ries Corporate Solutions, told IPE.The German government has decided to grant Lufthansa a €9bn aid package through its Economic Stabilisation Fund (WSF) in exchange for a 20% stake in the company, which could raise to 25% to block potential takeover attempts, and two seats on the supervisory board, among other requests.However, the Lufthansa supervisory board has not yet approved the package for fears of conditions connected to the EU Commission that could lead to compromising Lufthansa’s hubs in Frankfurt and Munich. Amid market turmoil caused by the coronavirus crisis, Lufthansa is also under extreme pressure from the cabin crew’s occupational pension fund and, in particular, from the pilots scheme, Ries said, adding that future benefits could be cut, too.“Lufthansa has in general a big problem with old-age provisions. All airlines have difficulties at the moment but it is difficult to settle or curtail pension schemes in Germany as it is possible for example in the US,” he said.Other airlines in the DACH region are also navigating through difficult times.The Swiss parliament has given the green light on CHF1.275bn (€1.2bn) in loans for airliners Swiss and Edelweiss, part of the Lufthansa group.The Austrian Airlines group AUA, another subsidiary of Lufthansa, had applied to receive state aid worth €767m.Laudamotion, a subsidiary of Ryanair, announced its intention to close its base in Vienna following a dispute with the trade union Vida on wages cuts.“The salary of an employee generally represents the basis to assess contributions or the pension amount in both a defined contribution and a defined benefit pension fund model, with the exception of an agreed fixed contribution without reference to a salary,” Michaela Plank, principal and member of the country leadership team at Mercer Austria, told IPE.A cut to salaries results in a lower contribution in the DC model, or in a promised pension in the DB model.For a corporation, a pension fund commitment is irrevocable, but there is the possibility of reducing or suspending contributions according to section 6 of the Austrian Company Pension Act if a company is in economic distress.“In the worst case, if a continued payment of contributions to the pension fund threatens the continuity of the company, the pension fund solution can also be revoked entirely,” she added.For Plank, the insolvency of the company itself does not pose a risk to the monthly pension benefits in a DC model because the financing is outsourced to the pension fund.“The situation is different in a DB model, where additional contributions required to maintain the promised pension amount could no longer be provided,” she said.Looking for IPE’s latest magazine? Read the digital edition here.
Image source: CryonormCryonorm BV said in their latest release that the LNG fuel tank for Van der Kamp’s new trailing suction hopper dredger (TSHD) Ecodelta is on the move and heading for Barkmeijer Shipyard in Stroobos, the Netherlands.Cryonorm, the Alphen aan den Rijn based company, develops, designs and manufactures cryogenic vaporizers, small scale systems and plants for Air Gases and LNG.The 325m³ LNG storage tank is completed with the tank connection space holding both vaporizers and all required valves and safeties.“With a total weight of 88t, diameter of 7.4m and overall length of nearly 12m this transport asks for quite some special arrangements,” the company said.The newbuild, scheduled for delivery in late 2018, will be one of few LNG-powered dredgers in operation around the globe.Despite being in the early stage of construction, the Zwolle-based dredging company has already won the first contract for the newbuild.According to Van der Kamp, under the agreement signed last year, the TSHD will be responsible for keeping Rotterdam’s port basins at the correct depth until 2023.[mappress mapid=”24675″]