Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>A 30-seconder was played during the Super Bowl on February 07 to support the farmers protesting against the new Farm Laws. </li><li>The ad is created by Teji Video. </li></ul>A 30-seconder was screened during the Super Bowl in the USA’s Central Valley in support of Indian farmers protesting against the government’s new Farm Laws. <keyword id="1617007" type="PERSON" weightage="20" keywordseo="Super-Bowl-Ads">Super Bowl ads</keyword> are occasionally political but mostly funny, happy and light. This ad, funded by the Sikh community in the Central Valley, stood out as it highlighted the farmers' protests that have been going on since November in India. It starts by requesting India to ‘take back the <keyword id="6123679" type="COMPANY" weightage="20" keywordseo="farm-bills">Farm Bills</keyword>’ and quoting <keyword id="97527" type="PERSON" weightage="20" keywordseo="Martin-Luther-King-Jr">Martin Luther King Jr</keyword>, “Injustice anywhere is a threat to justice everywhere." It also features several scenes from ‘the largest protest in history,’ reminds the audience that 160+ people have died in the last 6 months and highlights how the Farms Laws are a violation of Human Rights. <div type="twitter" handle="KissanEktaMorch" handlename="Kisan Ekta Morcha" image="http://pbs.twimg.com/profile_images/1339862481271844869/KUAOdODJ_normal.jpg" favoritecount="220" retweetcount="78" status="Fresno City community put that ad during the Super Bowl. This is great work by community to aware people regarding… https://t.co/QfdmUQ3tcO" createdat="1612764059000" id="1358657054546685952"></div> According to Reuters, around 100 million viewers were expected to tune in on February 07 to watch the game between Tampa Bay Buccaneers and Kansas City Chiefs. As per SportingNews.com, a 30-second commercial for Super Bowl 54 in 2020 cost about $5.6 million, which is slightly more than the last-month going rate of commercials in 2021. And this year, with a combined TV and digital audience of more than 100 million viewers in the United States, it's the highest-profile advertising space. The ad is created by Teji Video. <div type="javascript" title="Instagram" contenttype="Video"><cdata><![CDATA[ ]]></cdata></div>

This ad was played during the Super Bowl in support of the ongoing farmers' protest in India

<ul class="summary-list"><li>Urban golf courses are used by a fraction of city residents, but take up a ton of space and resources. </li><li>Many states subsidize golf courses with low property taxes, so non-golfers are footing the bill. </li></ul>San Francisco's 18-hole Presidio Golf Course sits in some of the most prized land in the country: a national park.Combined with eight other courses in the city — where a severe housing shortage has helped push the median home price to<a target="_blank" href="https://www.mercurynews.com/2023/10/21/less-home-for-more-money-home-prices-rise-as-buyers-swallow-higher-interest-rates/#:~:text=The%20median%20home%20price%20in,the%20California%20Association%20of%20Realtors."> $1.3 million</a> — golf takes up <a target="_blank" href="https://priceonomics.com/why-does-san-francisco-have-so-many-golf-courses/">over 700 acres.</a> To put that in perspective, Manhattan's Central Park is 843 acres.When the pandemic hit, golfing was paused and the 150-acre Presidio course <a target="_blank" href="https://www.businessinsider.com/california-san-francisco-golf-course-public-park-coronavirus-2020-4">opened up to anyone who wanted to walk, hike, jog, or bike</a> through it without fearing they'd be knocked out by an errant ball. This opened up access to many San Franciscans who'd never set foot in one of the most beautiful green spaces in their city, simply because they don't, or can't afford to, play golf.That begged the question for some: why is a massive green space paid for by taxpayers, but closed off to most? As the co-founder of Vimeo, Zach Klein, tweeted after a walk through the course on April 25, 2020, "It was intoxicating to be there and consider the possibility of this remaining a park forever. It would be an instant classic, an immense open space in America's second densest city." Urban and suburban golf courses are one of the least efficient and equitable ways to use densely-populated land. Many urban planners see them as a golden opportunity to address worsening homelessness, a housing affordability crisis, and a shortage of green space. Repurposing golf courses could offer cities a pressure relief valve."Golf courses are kind of a blessing in disguise because we have all of these problems related to urbanism and the housing crisis and social isolation," Tayana Panova, a researcher who studies the built environment, told Insider, "and then we have golf courses, which are these places that are right smack dab in the middle of some of the areas that have these crises to the highest level."<div type="image" title="Aerial view of a golf course in San Francisco, California." height="1979" width="3000" msid="104987791" hostid="261" sizebytes="568854"></div>Urban golf courses also cost taxpayers — even those who don't play — a lot of money. In about half of US states, golf courses are heavily subsidized through property tax breaks. In California, a 1960 law ensures golf courses aren't taxed based on their "highest and best use" as other land is, and instead get a special tax break just for being golf courses. They also benefit from Prop 13, the state's famous law sharply limiting property taxes, particularly on property that doesn't change hands.Golf courses are, by the nature of the game, some of the most underused spaces in a city. No more than <a target="_blank" href="https://www.ngcoa.org/golf-business-weekly/2020/november/week-3/multifunctional-courses">about 300 players</a> can use a typical 18-hole golf course in one day. The Presidio Golf Course has <a target="_blank" href="https://www.sfexaminer.com/archives/constructive-criticism-keep-sf-golf-courses-closed/article_69475223-7175-5410-9a1a-cf105b8ae739.html">just 1,200 visitors per acre each year</a>, while San Francisco's nearby Golden Gate Park welcomes 24,000 visitors per acre annually. Any other sport — from football to pickleball — is a more efficient use of space. A single golf course could be home to thousands of people if there were housing on it.Developers and land trusts have <a target="_blank" href="https://www.businessinsider.com/american-golf-courses-redevelopment-transformations-2018-8#the-country-club-was-left-uncared-for-after-it-officially-closed-3">managed to buy up</a> some defunct courses and add commercial buildings or turn them into parks. But golfers and neighbors are making any change a major challenge.<h2>Inequitable and expensive</h2>While golf has diversified over the years, it's still <a target="_blank" href="https://www.theringer.com/2021/4/7/22370057/golf-diversity-issues-history-pga-lpga-the-masters">disproportionately played by affluent, older, white men</a>. Several exclusive golf clubs even <a target="_blank" href="https://www.si.com/golf-archives/2019/07/01/private-golf-clubs-muirfield-augusta-women-discrimination">still prohibit women from becoming members</a>.The famous Los Angeles Country Club, which was founded in 1897 and sits on 313 acres in super-affluent Beverly Hills, <a target="_blank" href="https://newrepublic.com/article/173714/yet-another-golf-scandal-woefully-undertaxed-la-country-club-us-open#:~:text=In%201960%2C%20Hope%2C%20an%20avid,use%20as%20a%20golf%20course.">admitted its first Jewish members in 1977 and its first Black member in 1991</a>. Malcolm Gladwell noted <a target="_blank" href="https://www.pushkin.fm/podcasts/revisionist-history/a-good-walk-spoiled">in a 2017 podcast</a> that the club, which costs hundreds of thousands of dollars to join, sits on about $9 billion worth of land. If it were taxed as homeowners are, it would owe <a target="_blank" href="https://www.laweekly.com/we-should-raise-taxes-on-these-3-things-to-pay-for-healthcare-and-parks/">between $60 to $90 million</a> in annual property taxes. Instead, the club pays <a target="_blank" href="https://defector.com/the-los-angeles-country-club-owes-l-a-more-than-just-a-good-u-s-open">about $300,000 a year</a> in taxes.<div type="image" title="Scottie Scheffler playing golf at the US Open at The Los Angeles Country Club in Los Angeles, CA" height="2000" width="3000" msid="104987792" hostid="261" sizebytes="141614"></div>"Whether you're a pure market person and think we need to just do what the market wants, or you're very much about equity and supporting equitable access to space, you should be united on this one," Mitchell Reardon, director of urban planning at the Canadian design firm Happy Cities, told Insider.Golf has also gotten a lot less popular over the last two decades. Before a pandemic-induced uptick, the sport had been on a steady decline since the 2008 financial crisis. About a third of public golf courses <a target="_blank" href="https://golfweek.usatoday.com/2021/06/16/golf-industry-municipal-courses-us-open/">lost money in 2019</a>. In golf-obsessed Florida, municipal golf courses <a target="_blank" href="https://www.tcpalm.com/story/news/local/shaping-our-future/growth/2018/04/18/florida-municipal-golf-courses-have-lost-nearly-100-m-over-past-five-years/407554002/">lost almost $100 million</a> between 2013 and 2018. Proponents of retrofitting courses note that reducing the number of golf courses would help boost revenue for courses that do survive. Indeed, <a target="_blank" href="https://www.ngf.org/are-we-there-yet/">business is looking better</a> since <a target="_blank" href="https://www.npr.org/2019/06/05/730057491/there-arent-enough-golfers-to-keep-all-of-the-u-s-courses-in-business">course closures peaked in 2019</a>. Urban golf courses work against the advantages of cities, taking up valuable space and making walkability and environmental sustainability much harder to achieve."The whole virtue of cities is that you can build places at a much lower cost of infrastructure per capita," Ray Delahanty, a former urban planner who runs the popular <a target="_blank" href="https://www.youtube.com/@CityNerd">CityNerd YouTube channel</a>, told Insider. "And so when you have big open spaces in the form of golf courses," particularly when they're close to transit, "it's really wasteful. It conflicts with a lot of the climate goals that cities have, which often drive the rezoning and redevelopment around transit stations."<h2>Not on my golf course</h2>When she was running for mayor of Toronto in 2018, Jennifer Keesmaat <a target="_blank" href="https://www.cbc.ca/news/canada/toronto/jennifer-keesmaat-golf-courses-public-spaces-proposal-1.4854524">proposed</a> remaking three city golf courses into public parks. The former chief city planner noted that interest in golf had flatlined in Toronto, while demand for cricket pitches, off-leash dog parks, and other amenities had surged."So many of our parks are absolutely jam-packed with people on any sunny day all summer long," Keesmaat told Insider. "But then on the flip side, we have these public golf courses that are just these almost vacuous spaces that are quite underutilized."Keesmaat lost that election and the city courses haven't been redeveloped, but <a target="_blank" href="https://www.toronto.com/news/proposed-development-will-transform-north-york-golf-course-into-40-acre-public-park/article_edfec77b-896e-573f-a7e4-c142f481d5b4.html?">plans are in motion</a> to transform a private course into four apartment towers and 40 acres of public parkland. She argues that rethinking golf courses is just part of "the natural evolution of ensuring that the public amenities we have are fitting with the broader public interest."<div type="image" title="Don Valley golf course in Toronto, Ontario, Canada" height="2000" width="3000" msid="104987793" hostid="261" sizebytes="1616630"></div>Actually getting a golf course redeveloped into public space and housing is a major challenge. First, there needs to be a buyer. Then that buyer needs to find funding. And finally, in many cases, the parcel needs to be rezoned — often a political and highly-fraught process.Charlie McCabe, the former director of the Center for City Park Excellence at the <a target="_blank" href="https://www.tpl.org/">Trust for Public Land</a>, told Insider that the most successful golf course redevelopment efforts he's seen have involved private developers buying a course, building housing, and giving a portion of the land back to the city for green space. He noted that projects that just involve turning golf courses into parks are often most palatable to neighbors.In one shining example, part of an abandoned golf course in New Orleans was transformed into <a target="_blank" href="https://growdatyouthfarm.org/">the city's biggest urban farm</a> with a focus on engaging youth.But there are a mountain of examples of failed efforts. In one such case, Denver voters recently <a target="_blank" href="https://www.axios.com/local/denver/2023/04/05/denver-election-park-hill-golf-course-vote-results">rejected a plan</a> to build hundreds of homes — 25% of which would have been for lower-income residents — on a 155-acre former golf course. Shortly thereafter, the City Council reversed its efforts to redevelop the Park Hill Golf Course, rezoning it as open space with the goal of <a target="_blank" href="https://denverite.com/2023/05/03/park-hill-golf-course-rezoning-18-hole-course/">turning it back into an 18-hole course</a>. Predictably, homeowners — who see golf courses as good for their property values — were <a target="_blank" href="https://coloradosun.com/2023/10/13/opinion-it-might-actually-be-the-nimbys/">much more likely</a> to oppose redeveloping the course than renters.Former California Assemblymember Cristina Garcia, a Democrat who represented parts of southeastern Los Angeles County, introduced a bill in 2021 that would have given cities funding to convert public golf courses into housing and public park space."Even if all you did was take down the fence and give us a park, that is a gift to the community," she <a target="_blank" href="https://soundcloud.com/matt-levin-4/gimme-shelter-what-if-california-put-affordable-housing-on-golf-courses">said on the podcast Gimme Shelter</a> last year.The pushback to the legislation from golfers and other NIMBYs was fierce and the effort failed."There's no group more motivated than retired or semi-retired people," McCabe said.Despite what "<a target="_blank" href="https://twitter.com/SamMaggs/status/1366450739321602048">anti-golf Twitter</a>" says, proponents of redevelopment don't necessarily want to abolish the sport — they just want golf to take up less space in dense places.This could mean shrinking 18-hole courses to nine holes, putting a grocery store in a clubhouse, or opening up the course on weekends or at night."Why not at least try and meet cities and other neighboring communities in the middle by offering more activities to take place within that space?" Reardon said.

Urban golf courses are making housing more expensive and parks harder to access — and taxpayers are footing the bill

<ul class="summary-list"><li>The war in <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword> has lifted <keyword id="13561385" type="UNKNOWN" weightage="60" keywordseo="fertilizer" source="Orion">fertilizer</keyword> prices, leading to concerns of a global food shortage.</li><li>Many low-income countries were struggling with hunger and pricey fertilizer before the invasion.</li></ul>In an era of abundant economic worries, the chaos in the world's fertilizer market is one of the most concerning.The war in Ukraine has boosted already high fertilizer prices. Russia serves as the world's top fertilizer exporter, selling <a href="https://oec.world/en/profile/hs92/fertilizers#:~:text=In%202020%2C%20the%20top%20exporters,and%20France%20(%241.83B).">some $7.6 billion worth of fertilizer</a> in 2020, according to data from the French research organization CEPII. Russia's invasion of Ukraine slammed both countries' abilities to trade, and in early March the Russian government called on fertilizer producers <a href="https://www.bloomberg.com/news/articles/2022-03-04/russia-calls-on-domestic-fertilizer-producers-to-halt-exports">to suspend exports entirely</a>.The new supply pressures have lifted prices at a stunning clip. The <a href="https://fertilizerpricing.com/priceindex/">Green Markets North America fertilizer-price index</a> — which tracks the costs of urea, potash, and diammonium phosphate — has soared by 42% since the invasion began in late February.Higher fertilizer prices may not seem worrisome for the average American — potash and urea don't show up on most people's grocery lists. But the prices of food staples like wheat are also soaring, risking hunger crises in low- and middle-income countries. Persistently higher fertilizer costs could turn food inflation into a lasting problem and plunge the world into a new kind of economic turmoil."I am deeply concerned that the violent conflict in Ukraine, already a catastrophe for those directly involved, will also be a tragedy for the world's poorest people living in rural areas who cannot absorb the price hikes of staple foods and <keyword id="11994879" type="UNKNOWN" weightage="60" keywordseo="farming" source="Orion">farming</keyword> inputs that will result from disruptions to global trade," said Gilbert Houngbo, the president of the UN's International Fund for Agricultural Development."We are already seeing price hikes, and this could cause an escalation of hunger and poverty with dire implications for global stability."<h2>Soaring fertilizer prices escalate food-shortage concerns</h2>The world was already short on food before Russia invaded Ukraine in late February. A <a href="https://www.fao.org/3/cb4474en/online/cb4474en.html#chapter-executive_summary">UN report on food security</a> estimated that between 720 million and 811 million people faced hunger in 2020 — an increase of as many as 161 million from 2019 — as the coronavirus crisis and economic recession hobbled poorer countries.The Russia-Ukraine conflict has only worsened the problem. <a href="https://markets.businessinsider.com/commodities/wheat-price">Wheat prices</a> have soared by 27% since the invasion began, with markets bracing for supply from both Russia and Ukraine to fade. While advanced economies can absorb higher costs and turn to alternatives, developing countries are stuck with few options aside from footing a larger bill.Fertilizer prices are also up about 260% from prepandemic levels, having been dented by higher energy costs and new export-licensing mandates imposed by major exporters like Russia and China.These higher costs are forcing farmers to scale back production or use less fertilizer and risk harvesting smaller yields. Some <a href="https://www.businessinsider.com/manure-big-business-high-demand-russia-ukraine-war-fertilizer-prices-2022-4">are clamoring for animal manure</a> to replace commercial nutrients. Even if the Russian invasion were to end soon and food inflation cooled, soaring fertilizer costs would have a delayed effect on the market and leave supply strained well into the future.Expensive crop nutrients hinder advanced economies' ability to fill the hole in the world's food supply. The US Department of <keyword id="11963490" type="UNKNOWN" weightage="60" keywordseo="agriculture" source="Orion">Agriculture</keyword> <a href="https://www.nass.usda.gov/Newsroom/2022/03-31-2022.php">said in late March</a> that it expected farmers in the US to plant less corn but a record amount of soybeans in 2022. Soybeans require less commercial fertilizer than corn, and a shift signals that farmers are gearing up for prolonged disruption in the fertilizer market.The uptick in fertilizer prices could even spark civil unrest in countries with unstable food supplies. Food-price shocks triggered riots in Haiti, Bangladesh, and Mozambique in 2007 and 2008, <a href="https://www.businessinsider.com/ukraine-russia-bread-food-prices-civil-unrest-arab-spring-egypt-2022-3">Insider's Jason Lalljee reported in March</a>. Food scarcity also played a role in the Arab Spring protests of the early 2010s as people struggling with hunger and poverty mobilized against their governments.Intense damage has already emerged in the world's most vulnerable countries. The UN's World Food Programme <a href="https://www.wfp.org/news/countdown-catastrophe-begins-yemen-funding-food-assistance-dwindles">said in late February</a> that it had been forced to halve food assistance for 8 million people facing hunger in Yemen. The program's executive director, David Beasley, said the combination of dwindling funds and soaring prices risked pushing millions of Yemenis into famine conditions."We have no choice but to take food from the hungry to feed the starving," Beasley said, adding, "This will be hell on earth."<h2>Pricey fertilizer worsens the world's inflation problem</h2>The fertilizer-price surge is also a major obstacle in the fight against inflation. Food prices are a major component of headline inflation measures; the category has a 14% weighting in the consumer price index, for example. If fertilizer prices don't fall back to earth, it could weigh on future crop yields and keep food supply well below US demand.The price surge also strikes at a weakness in the Federal Reserve's plan to quell price growth. The central bank <a href="https://www.businessinsider.com/federal-reserve-hikes-interest-rates-inflation-higher-costs-loans-mortgages-2022-3">started raising interest rates in March</a> partly in an effort to ease inflation. Higher borrowing costs help rein in demand for a range of goods, but people need to eat, and the Fed's plan to fight inflation can't do much to close the gap between food supply and demand.Inflation in other pockets of the <keyword id="11893570" type="UNKNOWN" weightage="100" keywordseo="economy" source="Orion">economy</keyword> is worsening the fertilizer problem. Energy prices have soared more than any other major CPI category, leaping by nearly 26% over the past year. Natural gas is one of those surging energy commodities and a crucial component in the production of commercial fertilizers. Rising natural-gas prices have already forced European fertilizer factories <a href="https://www.cnn.com/2022/03/09/business/food-costs-fertilizer-yara/index.html">to scale back production</a>, threatening an even bigger nutrient shortage in the months ahead.The world is adjusting somewhat to combat the new price pressures. The USDA announced in March that it would make $250 million available in the summer <a href="https://www.usda.gov/media/press-releases/2022/03/11/usda-announces-plans-250-million-investment-support-innovative#:~:text=USDA%20will%20make%20available%20%24250,production%20to%20supply%20American%20farmers.">to boost domestic fertilizer production</a>.But last-minute adjustments aren't likely to fully counter a fertilizer shortage. The world is already struggling to shoulder rising food costs, and there's little indication that the war in Ukraine will end soon. As farmers make do, elevated fertilizer prices loom over hungry countries and inflation-rattled economies.

The war in Ukraine is sending fertilizer prices through the roof. That could spark food shortages in countries already struggling with widespread hunger.

<ul><li>Bryn Mawr's chief investment officer Jeff Mills told CNBC's "Trading Nation" Monday that <keyword id="35175" type="ORGANIZATION" weightage="60" keywordseo="investing">investing</keyword> in material, industrial and <keyword id="6366234" type="UNKNOWN" weightage="60" keywordseo="rail">rail</keyword> stocks are likely to yield great returns once US lawmakers agree on another set of measures to help the economy. </li><li>He said: "We think <keyword id="62413" type="COMPANY" weightage="60" keywordseo="industrials">industrials</keyword> will do well in either political environment, that is how I would want to be positioned over the next 12 months."</li><li>Mills said he would still avoid investing in cruise and airline stocks that have been heavily impacted by the pandemic. </li><li>Democrats and Republicans have been gridlocked in a stalemate over <keyword id="3906221" type="PERSON" weightage="60" keywordseo="fiscal-stimulus">fiscal stimulus</keyword> since July. </li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>The time may soon be right to buy industrial, materials and rail stocks, all of which have been beaten down by the coronavirus pandemic this year, once US lawmakers reach an agreement on a new round of financial lifelines for the economy, Bryn Mawr's chief investment officer Jeff Mills told CNBC on Monday."If you get a big fiscal <keyword id="45304" type="COMPANY" weightage="60" keywordseo="Stimulus">stimulus</keyword>, that is probably dollar-negative and materials have the largest foreign revenue exposure of any sector in the S&amp;P 500," Mills told CNBC's <a href="https://www.cnbc.com/2020/10/12/stimulus-uncertainty-will-burn-sh-bryn-mawrs-jeff-mills-warns.html">"Trading Nation"</a>. "What moves materials around the country - that is the rails, so I also think transport also definitely has some room to the upside here." "We think industrials will do well in either political environment, that is how I would want to be positioned over the next 12 months," he added, referring to either a Democrat, or Republican, win at next month's presidential election.He said transport firms like <a href="https://markets.businessinsider.com/stocks/fdx-stock">FedEx</a> can still gain, even though the company's stock has surged more than 80% since the start of the year, supported by a boom in e-commerce and online shopping. Mills, who oversees more than $17 billion of assets according to CNBC said: "Be underweight the mega-cap growth trade," he added. "That's overvalued, and you will see valuations come down."Read More: <a href="https://www.businessinsider.com/investing-outlook-market-impact-contested-us-elections-deutsche-bank-2020-10" target="_blank" rel="noopener noreferrer">Deutsche Bank scoured 200 years of US history to uncover how investors should handle a contested election — including 3 past examples and how markets responded</a> He thinks it is still too early to invest in some airline and cruise stocks, which have been among the worst-hit by widespread coronavirus lockdowns. "You probably want to stay away from the other tail, which are <keyword id="44023" type="ORGANIZATION" weightage="60" keywordseo="airlines">airlines</keyword>, cruise lines [and] energy — the really distressed deep value stuff," Mills said. "Find yourself somewhere in the middle. We like industrials. We like materials."Shares in cruise operator <a href="https://markets.businessinsider.com/stocks/ccl-stock">Carnival </a>and <a href="https://markets.businessinsider.com/stocks/nclh-stock">Norwegian Cruise Line Holdings </a>are both down around 70% since the start of the year. Mills said the broader market environment has once again highlighted whether investors are rotating away from growth and into value."Right now, all of that stems from stimulus talks," he said. "You are seeing that rotation from growth into value fade a little bit."The number of long-term unemployed people is still rising, despite gains in the number of workers on non-farm payrolls in the last few months, Mills said."We are seeing cracks in consumer incomes," he said. "The question is do those cracks get filled with additional stimulus? If they do I think the rotation can happen quicker but if they don't then they have to heal on their own and I think you have this default trade back to growth like we are seeing," he added. Democrats and Republicans have been at loggerheads over the size and reach of another package of measures to support the real economy since July. Read More: <a href="https://www.businessinsider.com/stock-picks-amazon-prime-day-retail-investing-strategy-proshares-hyman-2020-10" target="_blank" rel="noopener noreferrer">The global investment strategist at a $44 billion ETF shop explains why the pandemic-fueled boom of online retail is set to accelerate — and shares 5 stocks to watch other than Amazon ahead of its Prime Day</a>The latest exchange of views between the two sides took place over the weekend, when President Donald Trump's team <a href="https://www.reuters.com/article/us-health-coronavirus-congress-relief/white-house-seeks-limited-coronavirus-relief-bill-promises-further-talks-on-broader-stimulus-idUSKBN26W0QO">proposed</a> a $1.8 trillion stimulus package over the weekend.The measures would include a $400 boost in weekly unemployment insurance, $1,200 stimulus checks for US adults, and $1,000 checks for every child. House Speaker Nancy Pelosi rejected the plan, calling it "grossly inadequate."

A chief investment officer says industrial and rail stocks are a good buy if Washington passes a big stimulus bill

<ul class="summary-list"><li>Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland.</li><li>In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland.</li></ul>Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also <a href="https://www.businessinsider.com/bill-gates-land-portfolio-biggest-private-farmland-owner-in-america-2021-1?r=US&amp;IR=T">the biggest private landowner in the US</a>.Gates owns roughly 275,000 acres of farmland in the US, according to the <a href="https://editions.mydigitalpublication.com/publication/?m=61105&amp;i=778214&amp;p=148&amp;ver=html5" rel=" nofollow">2022 edition of the Land Report 100</a>, a yearly survey of the biggest landowners in the country. There were 895.3 million acres of farmland in America in 2021, according to a 2022 <a href="https://www.nass.usda.gov/Publications/Todays_Reports/reports/fnlo0222.pdf" target="_blank" rel="noopener noreferrer">report</a> from the Department of Agriculture.In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases."Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?" a Reddit user <a href="https://www.reddit.com/r/IAmA/comments/109eze3/comment/j3xuw10/?utm_source=share&amp;utm_medium=web2x&amp;context=3" target="_blank" rel="noopener">asked</a>.Gates responded: "I own less than 1/4000 of the farmland in the US. I have invested in these farms to make them more productive and create more jobs. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.""In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. It has been very fulfilling for me and is my full time job," Gates continued.This isn't the first time Gates has <a href="https://markets.businessinsider.com/news/stocks/bill-gates-calls-tax-hike-wealthy-new-years-eve-blog-2020-1-1028791394">called for higher taxes on the wealthy</a>.In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me."The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. He created the pledge in 2010 with his then-wife, Melinda French Gates, and <a href="https://www.businessinsider.com/bill-gates-warren-buffett-friendship-2018-3" rel="">his close friend and Berkshire Hathaway CEO, Warren Buffett</a>.Last year, Gates vowed to <a href="https://www.businessinsider.com/bill-gates-wealth-donations-charity-foundation-worlds-richest-people-list-2022-7">give away "virtually all" of his fortune</a> to the philanthropic foundation he runs with French Gates. In the Reddit AMA, he also said <a href="https://www.businessinsider.com/bill-gates-will-sell-what-he-owns-money-towards-foundation-2023-1">he'll sell what he owns as money goes towards the foundation</a>. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the <a href="https://www.bloomberg.com/billionaires/" target="_blank" rel="noopener nofollow">Bloomberg Billionaires Index</a>.Gates has been asked about his farmland purchases before.In his Reddit AMA last year, one user <a href="https://www.reddit.com/r/IAmA/comments/ut7yj0/comment/i982fly/?utm_source=share&amp;utm_medium=web2x&amp;context=3" target="_blank" rel="noopener">said</a>, "What do you plan to do with all the farmland you have purchased?"Gates responded at the time, "My investment team bought the farmland. It is <a href="https://apnews.com/article/fact-check-bill-gates-blackrock-788010130032" target="_blank" rel="noopener nofollow ugc">less than .1% of all US farmland</a> because the ownership is so diverse. We invest in the farms to raise productivity. Some are near cities and might end up having other uses."

You Searched For "Farm bill 2020" and got 5 results

This ad was played during the Super Bowl in support of the ongoing farmers' protest in India

BI India Partner

Urban golf courses are making housing more expensive and parks harder to access — and taxpayers are footing the bill

Eliza Relman

The war in Ukraine is sending fertilizer prices through the roof. That could spark food shortages in countries already struggling with widespread hunger.

Ben Winck

A chief investment officer says industrial and rail stocks are a good buy if Washington passes a big stimulus bill

Saloni Sardana

Bill Gates responds to skepticism about him owning 275,000 acres of farmland: 'There isn't some grand scheme involved'

Sarah Jackson

Popular Keywords

Buying Guides