emfizz.com
emfizz.com July 22, 2017


$13 a pack? NYC mayor wants highest cigarette prices in US

20 April 2017, 09:12 | Todd Saunders

By sheer coincidence (if you are completely ignorant to even the most basic concepts of economics), NY has the highest rate of cigarette smuggling in the country.

Speaking Wednesday at the American Heart Association's offices in Manhattan, de Blasio said he hopes to sign five anti-tobacco bills this year, toward a larger effort to cut the number of smokers in the city by 120,000 from the current 900,000 by 2020.

The assorted legislation aims to reduce the number of smokers in the city by 160,000 in three years through measures including a ban from selling cigarettes in pharmacies, a price hike, lowering the number of bodegas that can sell cigarettes and regulating e-cigarette sales, according to Mayor Bill de Blasio.

Tobacco products could soon be not only tougher to find in the city, but also more costly.

De Blasio's new package of five anti-smoking bills, if approved by the City Council, would also make it harder to sell e-cigarettes in the city by imposing the same licensing restrictions on e-cig sellers as are now imposed on cigarette sellers. "We can no longer sit by while the next generation becomes addicted".

Homicide Victim Dies After Collapsing in Bridgeport Park
They ask that any person with information about this crime call them at 203-576-TIPS (8477). A man was pronounced dead after an early morning shooting in Bridgeport, authorities say.


Facebook wants to get rid of passwords
Here's how it works, if you forget your password on different, non-Facebook services, you will use Facebook to verify who you are. Facebook says it plans to open-source the technology, so eventually you will see more companies use it.


Officers responding to shooting injured in crash
The shooting may have happened on the expressway, which falls under the jurisdiction of Illinois State Police. Guglielmi said one officer was transported in serious condition and another was taken in good condition.


This is the first major initiative de Blasio has announced on smoking. Settlement payments are based on cigarette shipments.

One of the bills, sponsored by Councilman Corey Johnson (D-Manhattan), raises the minimum per-pack price of cigarettes from $10.50 to $13.

The immediate impact of de Blasio's announcement on tobacco bonds issued by the New York City couldn't be determined.

Smoking rates in the city fell after the Bloomberg administration raised cigarette taxes, but eventually leveled off and then crept up a bit.

David Sutton, an Altria spokesman, said the company is still reviewing the city's proposed legislation.



Other News

Trending Now

EPL: Liverpool pip West Brom
The Reds now move into third place, two points ahead of Manchester City, although the Citizens have a game in hand on Liverpool. It was Liverpool's first win in nine Premier League away games against teams managed by Tony Pulis.

Arkansas preparing for executions despite halts from courts (MCK)
Davis was among eight Arkansas inmates facing execution in 11 days in a packed schedule set by the state. Federal and state courts have stayed the executions of two other inmates along with Davis.

Bruins' Colin Miller Expected To Return For Crucial Game 4 Vs. Senators
That way at least he's not in the middle of the ice and now everybody is in scramble mode. "Demoralizing and disappointing. He also credited the work of the team's secondary lines for keeping them alive in the last two games.

Street protests unacceptable, Turkish PM warns opposition
Worldwide monitors from the Organization for Security and Cooperation in Europe said the move undermined safeguards against fraud. Turkey's "yes" campaign was led by the governing AK Party and supported by the right-wing MHP.

Vote nears for California gas tax, fee hike for road repairs
Therefore, although debate can begin on SB 1 at any time , the Senate cannot vote on it until this afternoon at 2:39pm. And the Howard Jarvis Taxpayer's Association said the governor's plan is a regressive tax that hurts the middle class.

The AmTrust Financial Services Inc (AFSI) Short Interest Up 69.1% in March
Company's distance from 20 day simple moving average is -66.24% and distance from 50-Day simple moving average is -72.24%. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link .

NASA will reveal new discoveries about alien ocean worlds on Thursday
In 2015, Cassini revealed that Enceladus had a global subsurface ocean, and that water was spewing out of cracks in its icy crust. NASA scientists announce compelling evidence for hydrothermal vents on Saturn's moon Enceladus .

North Korea tensions put China AFL game in doubt
Her Facebook post branded Betts an "ape" and said he should "change his name to George and go back to the zoo". Ms Spratt has since been charged by police and will face Adelaide Magistrates Court at a later date.

Boy, 17, killed in Venezuela mass protests
Maduro this week said he was dramatically expanding civilian militias created by Chavez and giving each member a gun. Venezuela has been hit by violent demonstrations sparked by the Supreme Court's ruling to annul the legislature.

Military considers shooting down North Korea missile tests
North Korea has been threatening to destroy Japan, South Korea and the USA if the allies provoke tensions in the Korean peninsula. McMaster, Trump's USA national security adviser, said in an interview with CNBC .