
Blackstone cuts property valuations as higher rates hit returns
By Katherine Langford
Financial Times
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Fifty years ago, Raffi was a struggling folk singer driving across Toronto, lugging boxes containing his debut children’s album, “Singable Songs for the Very Young,” hoping to convince stores to sell the record.The album was a word-of-mouth hit and, coupled with 1980’s “Baby Beluga,” transformed the Egypt-born singer of Armenian descent into one of North America's most famous children's musicians. Raffi's fun and heartwarming songs, including “Down By the Bay” and “Shake My Sillies Out,” remain a mainstay for parents and teachers of young children, even as the way kids consume music has changed significantly. “Well, the technology changes; children don’t,” Raffi told The Associated Press in a recent interview via Zoom from his home in western Canada.And the 78-year-old isn't done yet. His latest album, “Love is Everywhere,” comes out Friday and features songs that celebrate individuality (“No One Like You”), as well as “ABC Democracy” — a pro-voting anthem that reflects his longstandin