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South Jersey High School Football Roundup: Week 13

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Wednesday games

Winslow 42, St. Joseph 17: Paul Sacco’s last game at the helm of St. Joseph Academy’s football program ended in a loss as Winslow quarterback Jimmy Wilson Jr. threw five touchdown passes, three to Ejani Shakir and two to Cam Miller, to propel the Eagles to a win.

Sacco closed his career as South Jersey’s all-time leader and third in state history with a 358-75-5 record in 41 seasons.

“It was a wonderful experience in St. Joe,” he said. “I wouldn’t trade it for anything in the world.”

Winslow led just 14-10 early in the fourth quarter, but scored four touchdowns in the final 12 minutes to blow the game up.

Wilson finished 14 of 20 for 260 yards, Shakir had 5 catches for 142 yards, and Miller had 6 for 97. Shakir moved into fifth place in South Jersey history with 159 career receptions.

Paul VI 51, Catholic of Camden 0: Senior Gavin Bunt rushed for three touchdowns and had three sacks, including one that produced a safety as the Eagles earned a home win over the Irish.

Junior quarterback Dominick Santiago kicked twice and returned a three-yard punt for another touchdown for Paul VI, who went 7-3 for his third consecutive season.

Paul VI has won the last three meetings by a combined score of 100-7, but Camden Catholic still holds a 32-22-1 lead in the all-time series.

Woodbury 6, Gateway 0: Resting most of their college players for their state title game next weekend, the Thundering Herd used a second-quarter score to lead their winning streak to five games.

Ibn Muhammad caught a 25-yard touchdown pass from Jathan Chandler for the game’s only score.

Kansas regulators want to cut Evergy’s energy efficiency plan

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Opposition from regulators could dismantle a consensus plan to provide millions of dollars in energy efficiency programs to Evergy customers in Kansas.

Evergy, the largest electric utility in Kansas, came to agreement with consumer and environmental advocates on a variety of programs aimed at reducing energy demand and saving customers nearly $100 million over four years.

The plan must be approved by the Kansas Corporation Commission. But objections from KCC staff This means that there are now two proposals: the original and the one that cuts programs by more than 80%.

“KCC staff and Evergy pretty much took everything out of the original deal,” said Ty Gorman, Kansas representative for the Sierra Club’s Beyond Coal campaign.

Evergy has had energy efficiency programs — including financing home renovations and weatherization — in Missouri for years. But establishing those same programs in Kansas has proven difficult.

The company applied to the KCC nearly a year ago to establish a series of programs and subsequently reached an agreement with the Natural Resources Defense Council, Sierra Club, Citizens’ Utility Ratepayer Board and other stakeholders who it claims would reduce greenhouse gas emissions by an amount comparable to taking tens of thousands of cars off the road.

But KCC staff objected, saying the programs would benefit Evergy more than taxpayers. From now on, the commissioners will decide between the two competing proposals. Evergy signed both, but the defenders aren’t signing the KCC staff-supported version.

“We don’t think it’s better than nothing,” said Dave Nickel, consumer advocate for the Citizens’ Utility Ratepayer Board, which represents residential users and small businesses. “We think it’s going the other way around.”

CURB and environmental groups worked for months to reach a consensus aimed at both reducing emissions and offering programs to help low-income customers.

“It’s just awful what they agreed to, but there was an agreement to move forward with both the original regulations and this new regulations and let the commissioners decide,” said Ashok Gupta, chief economist at the energy for the Natural Resources Defense Council.

Evergy spokeswoman Gina Penzig said in a statement that the initial deal or smaller set of programs would be a “positive step forward for Evergy customers in Kansas.”

“For more than a decade, Evergy customers in Missouri have benefited from energy efficiency programs, and we want to bring programs to our customers in Kansas,” she said. “Investing in energy efficiency helps customers use less energy and lower their bills, which is good for household budgets and makes businesses more competitive.”

KCC spokeswoman Linda Berry said in a statement that staff “remain supportive of the initial slate of programs.”

“Staff also supports the smaller package contained in the alternative agreement, as it preserves educational and low-income programs while significantly reducing the costs Evergy would require to implement these programs, thereby reducing the amount that customers will have to pay for the programs,” Berry said. .

Evergy, consumer advocates and environmental groups argue that reducing customer energy demand is cheaper than building new power plants or renewable energy, which means that in the long run, even customers who don’t not directly benefit from the programs will benefit.

And Kansas is behind almost every state in its investments in energy efficiency policies and programs. The state ranks 47th out of the 50 states and Washington, D.C.

Now the KCC could have a hearing on the new proposal in early December, before Evergy and stakeholders file briefs to persuade the commissioners to pass one package or another. The KCC is expected to make a decision in mid-February.

FEELM Max Wins Innovation and Sustainable Vaping Award Commendation at UKVIA

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LONDON–(BUSINESS WIRE)–FEELM, the flagship atomization technology platform owned by SMOORE – the world’s largest vaping manufacturer, has won the award for Best Innovation in the Vaping and Vaping Industry sustainability at the UKVIA Industry Forum.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20221121005487/en/

FEELM won the UKVIA award for best innovation. (Photo: BusinessWire)

UKVIA is one of the world’s most influential trade associations for the vaping industry. It is also one of the most accredited industry associations in Europe. This is the first time they have held a competition since their inception in 2016. The competition consists of three sessions: online application, public review and expert scoring. FEELM Max won after rounds of ratings from over 300 audiences and 10 experts.

The best innovation in the vaping industry

Top Innovation in the Vaping Industry recognized FEELM’s significant contribution to vaping innovation, specifically its world’s first ceramic coil disposable pod solution, FEELM Max.

FEELM Max has made a number of groundbreaking innovations, including more puffs with the same volume of e-liquid compared to other coil technologies. Despite heating the same volume of e-liquid as other conventional devices, the number of puffs increases by more than 25%. FEELM Max achieves over 95% flavor consistency as well as smoother vapor – and there’s no dry burning – thanks to constant output control and our patented Flavor-Lock technologies. Not only does FEELM Max improve the vaping experience, it also outperforms other disposables in harm reduction by almost 50%.

To advance on the path of innovation, FEELM established the first PMTA test lab in China, in addition to the existing 14 labs around the world, to enable our customers to cope with strict industry regulations. This proves our determination to drive innovation through technology and to continue to provide better quality products to consumers.

The price of sustainable vaping Recommendation

The Sustainable Vaping Award Commendation was awarded in recognition of FEELM’s excellence in three key areas: creating sustainable advanced products and technologies; use responsible marketing; and embrace a greener future.

FEELM is credited with building the world’s first disposable eco-friendly electronic atomization device in 2019. In 2022, the world’s first ceramic coil disposable pod “FEELM Max” was created and the “FEELM GREEN” was launched on this basis. This series is FEELM Max’s main environmental protection solution, its latest “product is packaging” series was shown in the major European electronic atomization exhibition, aroused the great attention of the industry. In addition, FEELM also created an environmentally friendly electronic zero nicotine atomization device this year.

It was also acknowledged that its branded website and social media platforms go to great lengths to restrict those under the legal vaping age to prevent them from accessing any product information. electronic atomization; and that FEELM conducts regular satisfaction surveys on behalf of customers so that the data can be used to improve the customer experience.

FEELM announced the launch of the Carbon Disclosure Project (CDP), committing to achieve carbon neutrality by 2050, and its automated factory has adopted an energy management system with the aim of reducing carbon emissions while by increasing the efficiency of energy consumption

The award also recognizes FEELM’s reduction of carbon emissions by more than 500 tonnes over the past six months, and its goal to reduce greenhouse gas emissions and achieve carbon neutrality of Scopes 1 and 2 d. ‘by 2050. The company intends to achieve this by improving energy efficiency and increasing the use of renewable energy sources to 30% of total consumption by 2030 and therefore set up a professional carbon neutral energy screening team and internal resources to monitor the improvement of carbon consumption. It also partnered with a third-party cleaning company to collect non-hazardous waste for recycling, which in 2020 helped customers reduce single-use plastics by 100 tonnes, the equivalent of 4 million bottles in plastic, while in 2021 it reduced its water consumption by 9.4% year-on-year.

Echo liu, director of FEELM Europe division said:

“We are delighted to have won both awards and honored by the recognition the UKVIA has given us.”

“A number of major vaping brands are driven by FEELM technology, and our FEELM atomizer-charged vaping devices are now exported to more than 50 countries and regions.”

“FEELM can only achieve its corporate vision – “atomization makes life better” – by being sustainable and creating value for society. Every day, we are getting closer to this goal by creating sustainable cutting-edge technologies and products, using responsible marketing and embracing a greener future.

For more information or journalist questions, please contact us via [email protected].

About FEELM:

As a flagship technology brand owned by SMOORE, FEELM is the world’s leading provider of closed vaping system solutions. Based on the world’s leading ceramic coil heating technology, FEELM combines authentic flavor reproduction technology with innovative electronic technology, bringing the ultimate feel and premium vaping experience.

About SMOORE:

SMOORE is a global leader in providing vaping technology solutions, including manufacturing vaping devices and vaping components for HNB products on ODM basis, with advanced R&D technology, strong manufacturing capability , a broad-spectrum product portfolio and a diverse customer base.

According to Frost & Sullivan, SMOORE is the world’s largest vaping device manufacturer by revenue, accounting for 22.8% of the total global market share in 2021. Its global market share is greater than the sum of those listed from #2 to #5.

About UKVIA:

The UK Vaping Industry Association (UKVIA) is the leading vaping industry trade association supporting, developing and promoting the £1 billion vaping industry, the fastest growing consumer goods sector in the world. UK. Its vision is a world where the public health benefits of evidence-based, life-changing vaping products are fully understood so that their positive impact can be maximized.

[email protected]

Source: FEELM

Chinese chip industry: engineers from Taiwan have strengthened the Chinese chip industry. Now they are leaving.

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TAIPEI, Taiwan: The job offer from a Chinese semiconductor company was attractive. A higher salary. Work trips to explore new technologies.

Never mind that it’s less glamorous for Kevin Li than his job in Taiwan at one of the world’s leading chipmakers. Li eagerly moved to northeast China in 2018, joining a wave of business migration as the Chinese government moved aggressively to develop its semiconductor industry.

He returned to Taiwan after two years as COVID-19 swept through China and global tensions escalated. Other highly skilled Taiwanese engineers are also returning home.

For many, strict pandemic measures have been tedious. Geopolitics has made the task even more daunting, with China becoming increasingly vocal in asserting its claim to Taiwan, a self-governing democracy. The Taiwanese government has begun to discourage local engineers from traveling to China, fearing they will take confidential information with them. “Some who went to work in China were bad guys who traded secrets for money,” said Li, 40. “Some wanted freedom from the pressures of working in Taiwan. And there were those who were serious about exploring new areas.

The prospects that have drawn Taiwanese engineering talent to China, fueling a pipeline for laggards of Chinese semiconductor companies hoping to compete with global rivals, are rapidly diminishing.

Semiconductors are now vital strategic assets in the bitter geopolitical rivalry between the United States and China. As Washington tries to cut China’s ability to manufacture advanced chips, Taiwan, the world’s largest producer of high-end semiconductors, finds itself at the center of what some are calling the 21st century version of the race for power. armaments. As President Joe Biden and his Chinese counterpart, Xi Jinping, struck a warmer tone during their first face-to-face presidential meeting last week, it was clear that Taiwan remained a serious point of contention between the two. country.

New York Times

The headquarters of the Taiwan Semiconductor Manufacturing Company in Hsinchu, Taiwan.

Taiwan itself faces growing unease in Washington. Commerce Secretary Gina Raimondo and others have said that while the United States continues to support Taiwan militarily, it must be less dependent on island democracy for the chips needed for sophisticated weapons.

The sweeping bans imposed by the Biden administration last month targeting the Chinese chip industry have put the island’s top chipmaker, Taiwan Semiconductor Manufacturing Co., at the forefront of likely global supply chain disruptions. . Adding to the pressure, the Biden administration has pressed TSMC to build a factory in Arizona to help diversify sources of chips in the United States.

Beijing blasted the new rules, saying they “will not only harm the legitimate rights and interests of Chinese companies, but also the interests of American companies.” And the Chinese government, which is pushing its own self-sufficiency strategy in key areas like semiconductors, is expected to retaliate in a way that could punish TSMC.

The Chinese government, for example, could ban US companies building data centers in China from using high-end chips made by TSMC, said Jason Hsu, a former Taiwanese lawmaker who is now at Harvard Kennedy School.

So far, TSMC said, the effect of the new rules has been limited. The administration granted the company a one-year waiver, allowing it to continue expanding its facilities in the Chinese city of Nanjing. TSMC also has a factory in Shanghai.

But Washington has banned Chinese and Taiwanese engineers with US citizenship or a green card from working at Chinese chip-making facilities. The ban will force about 200 Chinese and Taiwanese engineers to leave China or renounce their US citizenship, Hsu said.

“It has a chilling effect on all Taiwanese nationals working in the semiconductor industry in China. Everyone is nervous,” Hsu said. “What if a US government intelligence agency thinks you are violating security American and wants to arrest you?”

For years, China has poached Taiwan’s semiconductor engineers, who often have doctorates and are essential to running the world’s most advanced chip factories.

Engineers from Taiwan have bolstered China's chip industry.  Now they are leaving.New York Times

A semiconductor wafer on display at the Taiwan Semiconductor Manufacturing Company’s Museum of Innovation in Hsinchu, Taiwan.

In 2019, about 3,000 Taiwanese semiconductor engineers worked in China, nearly 10% of the 40,000 engineers at the heart of the industry’s workforce, according to the Taiwan Institute of Economic Research, an independent group. .

A handful of senior executives have also joined rival Chinese companies, including the country’s most prestigious, Shanghai-based Semiconductor Manufacturing International Corp., or SMIC. Chinese state entities are among the company’s major shareholders, and the Pentagon has raised concerns about SMIC’s ties to the Chinese military. SMIC did not respond to requests for comment.

A former TSMC executive, Liang Mong-song, a well-known engineer who had served as the company’s research and development director, joined SMIC as co-general manager in 2017. Last year, state-run media Chinese reported that Liang led a team of engineers. which developed SMIC’s 7-nanometer chip technology, a more advanced chip than the company had previously made and a sudden breakthrough that partly prompted the Biden administration to announce its new rules.

Another former TSMC senior executive, Chiang Shang-yi, had hoped to work on a new method of producing microchips at the Shanghai company. In an interview this year with the Computer History Museum in California, he said going to China was “one of the stupid things” he had done. Chiang left minimum wage last year.

Taking a job with a Chinese company has always been risky for Taiwanese engineers, said Syaru Shirley Lin, a Taiwanese economist and former Goldman Sachs partner who specializes in the technology industry. “People were like, ‘Have you been there?’ “, did she say. “Soon it will be like going to the Soviet Union during the Cold War.”

Evonne Wang, 31, sought a job in China to broaden her experience beyond TSMC.

Several headhunting firms offered her opportunities, but she opted for an American company based in China. She figured that if she went to a Chinese company, her reputation might be tarnished when she got back home.

“Some Taiwanese semiconductor companies have qualms about previous experiences working in China,” said Wang, who also returned to Taiwan as COVID took hold.

Engineers from Taiwan have bolstered China's chip industry.  Now they are leaving.New York Times

Evonne Wang, a Taiwanese engineer who worked for an American company in China, in Boise, Idaho.

As China advances in the industry, Taiwan has begun to take steps to stop the brain drain and protect a key economic engine. The island’s economy grew by more than 6% last year, thanks in part to the surge in global demand for semiconductors.

Gin Chang, 30, a Taiwanese engineer who worked in southern China for a year and doubled his salary, said he understood the growing unease in Taiwan about its young engineers’ contribution to the growth of China.

“I don’t think there should be any restrictions on our work in China,” Chang said. “But from the Taiwan government’s point of view, if China’s economy grows due to its growing semiconductor industry, Taiwan’s economic situation may be in jeopardy.”

Under regulations introduced in early 2021, headhunters in Taiwan are not allowed to post jobs in China’s microchip industry. The Justice Department created a task force that ordered raids on Chinese companies operating in Taiwan. Chinese companies were suspected of being fronts created to recruit local engineers for jobs in China; More than 40 cases of worker poaching and theft of secrets have been prosecuted since last year, the government announced in September.

Much of the poaching involved Chinese companies trying to capture Taiwanese expertise, applying that knowledge in their factories, then abandoning the workers, headhunter Michael Lo said.

“Chinese business culture can be summed up in just three words: ‘Raise and kill’,” Lo said. “He will first cultivate you and spend a lot of money and resources on you, then steal your technologies and finally fire you,” he said.

Li, the engineer who returned home, had risen through the ranks of Taiwan’s semiconductor industry. He worked four jobs at small companies before joining TSMC at its headquarters in Hsinchu Science Park, a campus sometimes known as Taiwan’s Silicon Valley, a 30-minute bullet train ride from the capital Taipei.

TSMC is the pride of Taiwan. Visitors to its main building, surrounded by lush vegetation, are greeted by a striking sign bearing the name of the company’s founder, Morris Chang. One of Taiwan’s multi-billionaires, Chang, 91, grew up in China, attended Harvard and MIT, and worked at Texas Instruments before founding TSMC in 1987.

When Li arrived at TSMC, he felt lucky but found it difficult inside the foundry, he said.

“I felt like a little screw the most when I worked in TSMC,” Li said. “Going to China was like looking forward to a place without the constraints of an outdated setting. You can take the leap by going there.

For now, Li remains in Taiwan, working for an American chip company operating there and siding with reinvigorated patriotic sentiment and the ethic of individual freedom.

“The advantage of working in Taiwan is that you don’t have to worry about officials shutting down the whole business because of one thought,” he said. “The atmosphere is very important. At least I can watch all kinds of programs criticizing the governments on both sides of the Taiwan Strait without fear of being arrested.

Immigrants and international students boost exports

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Economists have concluded that increased exports and imports are an important benefit that countries derive from admitting immigrants and international students. New research reveals that international students boost the economy more than previously thought.

International students benefit the United States in several ways, analysts say. These benefits include the ability for American students to experience other cultures without leaving their college campuses. International students also subsidize the tuition fees paid by American students, encourage more entry into technology-related fields, and are an important source of talent for employers. Many international students also become entrepreneurs and start very successful businesses.

New research focuses on a different benefit of international students – how they expand commerce, which helps American workers and consumers. “Total immigration has a significantly positive effect on exports: a 10% increase in the total number of immigrants is associated with a 2.6% increase in exports from the host country to the country of origin”, according to a study by Lena Susanne Specht of the UCD School of Economics. , University College Dublin.

Among the foreign-born, Specht finds that international students play an important role in increasing exchange, even though many students only live in another country for a short time. To examine the connection, Specht looked at data from 34 host countries and 172 home countries between 2000 and 2018 and found, “[I]n increase of one percentage point in the share of international students in total immigration is associated with an increase in exports of approximately 1.6%.

Economist Marina Murat’s research focused on Latin American students and found similar results. “The social bonds between university students – of friendship, mutual trust and attachment to the alma mater – tend to be strong and long-lasting. Through information dissemination and behavior enforcement mechanisms, they can stimulate economic exchanges between countries. . . . The results show that Latin American student networks exert strong, positive and significant effects on bilateral imports and exports. A 10% increase in the number of Latin American students in the OECD [Organisation for Economic Co-operation and Development] boost bilateral trade by about 3%”.

Specht found that international students are associated with increased exchange. “This is especially true for students from non-OECD countries where information barriers can be the most severe,” Specht writes. “This is reinforced by findings that indicate students in these countries most affect products where information and trust issues are greatest.”

“While there are always caveats, the data suggests that international student exchanges within OECD countries are increasing trade in easily tradable goods,” Specht said in an email interview. . “Students from non-OECD countries seem to be increasing more complicated occupations. This may be due to the professional position in which students find themselves after graduation: upgrading the skills of non-OECD students after studying in an OECD country could lead to leadership positions with the necessary influence to make such decisions. My findings imply that students have a particular ability to promote trust between countries and especially between those that are institutionally different.

Specht notes that differentiated products are things like clothing and machinery, which require more information to be exchanged. “Most of the literature argues that immigrants can reduce these informational barriers because of their contacts and knowledge of markets in their home country,” she said. “One would then expect international students to possess similar qualities.”

The research adds to our knowledge of the benefits of international students. “International students contributed $33.8 billion and supported 335,423 jobs to the U.S. economy during the 2021-2022 academic year,” according to analysis produced for NAFSA by JB International.

Specht sees political implications in his research. She notes that encouraging more international students to study in the United States is a good development strategy that would benefit both the United States and the students’ home countries. Specht thinks it would be in the interests of an OECD country, like the United States, to provide more funding for international students to enable more of them to study in their country. .

Opportunities to work after graduation are also beneficial. “[P]Providing international students with internships and other hands-on opportunities can help home countries improve their basket of export products or better connect them to global supply chains through imported intermediaries,” writes Specht. “Policies along these lines could include allowing students to be employed under their student visas or giving students the option of extending their visa after graduation.”

International students can work in optional practical training (OPT) for 12 months after graduation in the United States. The OPT can be extended to 36 months for students in science, technology, engineering, and math (STEM) fields. Research on international students and trade expansion indicates that hosting students from other countries on US campuses provides additional benefits to Americans.

S&P 500 climbs in final hour of trading, Dow jumps more than 200 points

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The S&P 500 rose Friday afternoon as investors assessed harsher language from Federal Reserve speakers and pored over the latest earnings reports.

The broad stock index was last up 0.6% after hovering above the flatline for much of the day. The Dow Jones Industrial Average climbed 215 points, or 0.6%, while the Nasdaq Composite rose 0.1%.

All major averages are in pace with the down weeks – the Dow Jones and S&P are less than 1% below the fixed line, while the Nasdaq is 1.8% lower. However, the three indices are positive for the month.

The S&P 500 and Nasdaq gave up on an earlier rally as investors began to return to reset after a few rallies over the past week, starting with the October CPI print. Stephanie Lang, chief investment officer at Homrich Berg, said this week is characterized by a “reality check point of view.”

“After the big rally following the better-than-expected CPI print, the market is digesting the current data, bringing things back to reality,” she said. “The rally following the CPI print we believe was not justified by fundamentals… The market is also pricing in a soft landing here, which we believe is unlikely to happen. when you hear Fed officials coming out and reiterating their stance, you start to see the market readjusting to that.”

On Friday, Boston Federal Reserve Chair Susan Collins expressed confidence Friday that policymakers can get inflation under control without hurting jobs too much.

St. Louis Federal Reserve Chairman James Bullard said Thursday that “the policy rate is not yet in a zone that could be considered sufficiently tight.” He suggested that the appropriate zone for the federal funds rate could be between 5% and 7%, which is above what the market is pricing.

“We continue to believe that investors should place a lot more emphasis on real data and not focus too much on Fed rhetoric (the former will show where inflation is heading while the latter is fixated on where it is headed). found),” said Adam Crisafulli, founder of Vital Knowledge. “That said, investors are tired of battling the Fed’s daily tape bombs and the fear is that it may take another 2-3 CPIs before officials stop berating the market every time he’s trying to straighten up.”

Knoxville students participate in the annual construction trades competition

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Knoxville, Tenn. (WATE) – Dozens of local high school students spent the day in hard hats working with hammers and screwdrivers for the second annual building trades competition at the Jacob Building in Knoxville.

14 different schools participated in the construction set up by the Tennessee Builders Exchange.

Students who qualified in carpentry, electrical and plumbing split into teams and were judged in several categories, including efficiency, safety and cleanliness.

BXTN president says students don’t just build, they build careers.

“We wanted to take their skills to the next level, not just in a high school atmosphere, but put them in a real environment and have a competition with a deadline,” said Ray Sexton, vice president of BXTN.

Sexton says the contestants gained more “real world” experience by teaming up with students from different schools, as it reflects a real construction site.

It says you don’t initially know many people working on the same build as you.

The construction trades instructor at Halls High School believes his students have a head start and he hopes they will take advantage of the opportunity.

“If they could just focus a little bit, but on their career and maybe leave all the other things in the world and focus on a career, the opportunities are endless,” Jeff McMurray, construction trades instructor at the Halls High School.

BXTN also invited recruiters looking for future employees to the event.

Epson launches certified robot training centers for customers and system integrators nationwide

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Epson Certified Courses provide students with standardized training on implementation, Program and operate automation systems quickly and efficiently

LOS ALAMITOS, CA., November 17, 2022 /PRNewswire/ — In order to meet the growing demand for automation solutions, Epson robot, the world’s leading SCARA robot manufacturer, is expanding access to Epson-certified robotics training for customers and system integrators. The wide variety of high-quality, certified courses are designed to help students program and use Epson’s robots and vision products quickly and efficiently. Classes are offered in person at Epson’s head office in Los Alamitos, California and now to a number of regions Epson Robots Certified Training Centers located in the western, southern and northeastern United States.

All courses are taught by Epson-certified instructors in structured environments designed for hands-on learning. Students will gain valuable skills that will help them implement automation systems faster. They will understand how and when to use various features and options of the Epson Robots programming software, enabling them to deliver higher quality work and get a head start on their next automation projects.

“Epson recognizes that taking the time to leave the factory and travel to attend essential training sessions can be a challenge for our customers,” said Rick Brookshire, Director of Product Management and Product Development, Epson Robots. “Epson has opened these robot-certified training centers to provide customers and partners with an efficient and flexible way to obtain the latest training in automation to reduce their development time through innovative techniques for using robots taught in these courses.

Conveniently located across the country with Epson Robots AutomateFirst partners, such as Gibson Engineering, Olympus Commands, CIMTEC Automationand Advanced control solutions, Epson Robots Certified Training Centers provide flexibility for students who want to minimize travel time and costs. Courses include beginner and advanced robot programming in the RC+® development environmentGuidance by robotic vision and Epson RC+ Expressand are standardized to ensure that students receive the same training and certification, regardless of location.

You can find more information about Epson Robots training, including virtual, maintenance and certified courses, course availability, locations and registration. here.

About Epson robots
Epson Robots is a global leader in PC-controlled precision factory automation, with over 150,000 units sold worldwide1 and a product line of hundreds of easy-to-use SCARA and 6-axis robot models based on a common PC platform. Building on a four-decade heritage, Epson Robots today offers robots for precision assembly and material handling applications in the aerospace, appliance, automotive, biotechnology, consumer products, electronics, food processing, medical devices, pharmaceuticals, plastics, semiconductors and telecommunications. . For more information, visit www.epsonrobots.comor follow our Spotlight page on LinkedIn (https://www.linkedin.com/showcase/epson-america-robots-/)

About Epson
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company is focused on solving societal problems through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson’s goal is to become carbon negative and eliminate the use of depletable underground resources such as oil and metal by 2050.

Led by the JapanHeadquartered in Seiko Epson Corporation, the global Epson Group generates annual sales of more than 1 trillion yen. global.epson.com/

Epson AmericaInc., based in Los Alamitos, California.is Epson’s regional headquarters for the United States, Canadaand Latin America. To learn more about Epson, please visit: epson.com. You can also log in with Epson America on Facebook (facebook.com/Epson), Twitter (twitter.com/EpsonAmerica), Youtube (youtube.com/epsonamerica), and Instagram (instagram.com/EpsonAmerica).

1 Epson internal sales data through 2020.

EPSON and Epson RC+ are registered trademarks and EPSON Exceed Your Vision is a registered logo of Seiko Epson Corporation. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in those marks. Copyright 2022 Epson America, Inc.

THE SOURCE Epson AmericaInc.

Unbox Real Happiness: 10 Tips for Delivering Authenticity This Holiday Season

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Santa Claus isn’t the only one making a list this year. Counterfeiters are rounding up the most popular gift ideas for the holiday season — from toys and electronics to perfumes and sneakers — and producing fake versions to try to scam you.

Counterfeit products involve more than just the disappointment of getting something inauthentic and of inferior quality; they can pose real threats to your health and safety. For example, fake cosmetics oftencontain arsenic, mercury or lead; impostor car seats and helmets will fail standard safety tests, and counterfeit batteries cancause fires.

How big is this problem? On average, the global trade in counterfeit and pirated goods amounts to more than $500 billion each year, and moremore than 50% of consumersbelieve they may have purchased a counterfeit item while shopping for the holidays. Additionally, most consumers report buying these counterfeit items online.

This year, online shopping is expected to be consumers’ preferred method of shopping this holiday season, withAdobe Predictiona 2.5% growth in online sales between the beginning of November and the end of December. Couple this trend with consumers’ stated desire to reduce vacation spending, and you have the perfect storm for counterfeiters ready to sell cheap, dangerous, and counterfeit products on your favorite e-commerce platforms.

As online platforms take steps to prevent counterfeits from reaching their sites, consumers must also be vigilant to avoid being duped.

Of course, the best way to protect yourself from counterfeiters is to educate yourself about counterfeiters. So this holiday season, learn to shop smart with these ten tips:

  1. Trust your instincts: If it’s too good to be true, it probably is.
  2. Require secure transactions:Make sure your payments are submitted through websites that start with https:// (the “s” stands for secure) and look for a padlock symbol at the bottom of your browser.
  3. Watch for missing fees:Criminals who traffic in counterfeits often do not report their sales to financial authorities and therefore omit sales tax and other charges. This often equates to a noticeable difference in the final price. Buyer beware.
  4. Look for quality assurance in the secondary market:Reputable and reliable dealers have full inspection and authentication procedures and technicians to inspect the equipment they sell.
  5. Be careful buying medicines online:More than 96% of online pharmacies fail to meet safety or legal standards. To find an accredited digital pharmacy, check with theNational Association of Boards of Pharmacy.
  6. Be careful when buying abroad:When shopping on international websites, look for trusted vendors who use identifiable privacy security measures and have reasonable return policies.
  7. Protect your personal information:Illegal websites often install malware that can steal your credit card information and other information stored on your computer.
  8. Examine the labels, packaging and contents:Look for missing or expired dates on perishable products, broken or missing security seals, false warranty information, or unusual packaging.
  9. Report counterfeit products:Report dangerous counterfeit products toUS Border and Customs Protectionor theNational Center for IPRs.
  10. Make known:Share these tips! Educate your family, friends and colleagues about counterfeits.

About the authors

Patrick Kilbride

Senior Vice President, Global Innovation Policy Center, U.S. Chamber of Commerce

Kilbride is senior vice president of the Global Innovation Policy Center (GIPC).

Read more

Department of Agriculture, Commerce and Consumer Protection: Wisconsin Corn Promotion Board election underway

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MADISON, Wis. – The Wisconsin Department of Agriculture, Commerce and Consumer Protection (DATCP) has certified three candidates eligible for election to the Wisconsin Corn Promotion Board. Corn farmers in the specified districts will have until January 10, 2023 to vote on the following candidates:

District 1 Candidate: Randall Woodruff, Chippewa Falls
Douglas, Bayfield, Ashland, Iron, Vilas, Burnett, Washburn, Sawyer, Price, Oneida, Polk, Barron, Rusk, Lincoln, Chippewa, Taylor, Eau Claire, Clark, Marathon, Jackson, Wood, Portage and Waupaca counties

District 2 candidate: Shane Goplin, Osséo
Counties of Sainte-Croix, Dunn, Pierce, Pépin, Buffalo and Trempealeau

District 7 Candidate: Ken Rosenow, Oconomowoc
Green Lake, Dodge, Washington, Ozaukee, Milwaukee, and Waukesha counties

The DATCP has confirmed that all certified applicants meet the eligibility criteria of being an active maize producer who sells maize in commercial channels and resides in their respective district. The DATCP also certified each candidate’s timely nomination form, which included five signatures of active maize farmers in their district.

To facilitate the voting process, the DATCP distributed postal ballots to maize farmers residing in the eight districts concerned. Producers who have not received a ballot by December 15, 2022 should request a ballot by emailing [email protected] Completed ballots must be signed and mailed to WI DATCP, Marketing Order Program, PO Box 8911, Madison, WI 53708 and postmarked no later than January 10, 2023.

Election results will be announced in January 2023. Elected producers will serve three-year terms beginning February 1, 2023.

About the Wisconsin Corn Promotion Board
The Wisconsin Corn Promotion Board is made up of nine growers in nine districts across the state. The council oversees the collection and use of approximately $1.7 million in assessment fees paid by Wisconsin corn growers. This funding is used to support the corn industry through research, education and promotion of corn grown in Wisconsin.

Learn more about the Wisconsin Corn Promotion Board at https://wicorn.org/.

The DATCP administers elections for Wisconsin commodity boards. To learn more about market order boards, visit https://datcp.wi.gov/Pages/About_Us/MarketingBoards.aspx.

De-globalization is not an option for any of us, says German Chancellor Olaf Scholz

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Chancellor Scholz with Singaporean ministers ahead of his speech on Monday.

Image Alliance | Image Alliance | Getty Images

German Chancellor Olaf Scholz and Singaporean Deputy Prime Minister Lawrence Wong have taken a united stance to continue working with China, but also remain committed to diversification.

Scholz, who was attending the Asia-Pacific German Business Conference in person for the first time, told a packed house in Singapore on Monday that economies needed to deepen free trade in the face of geopolitical tensions and not turn to protectionism. .

“Free and fair trade benefits all parties involved. It remains the foundation of our prosperity,” he said.

Scholz said Germany wants to deepen economic ties with Asia-Pacific, not just China, in line with pursuing trade diversification.

But diversification, Scholz said, is not decoupling and understanding this is crucial at a time when concepts such as “nearshoring”, de-globalization and self-sufficiency are gaining traction.

De-globalization is not an option for any of us.

Olaf Scholz

German Chancellor

“A lot of times it’s just protectionism in disguise,” Scholz said.

“De-globalization is not an option for any of us.”

New research from the Hinrich Foundation has found that while terms such as “friend shoring” have been added to the lexicon of US trade policy and those of other countries like Japan, little has been revealed about their meaning.

“If governments seek to intervene in a supply chain, they need to demonstrate that they observe risks better than companies. But it is unclear what market failure friends-shoring policies will address without further fragmenting the system. global trade,” author Halit told Harpout.

Scholz also said that challenges such as climate change and food insecurity can only be solved through innovation and competition manifested through trade.

Nearly 600 top German and regional Asia-Pacific leaders were on hand for Scholz’s keynote address at the region’s premier business event for German companies. It was one of only two stops between the chancellor’s trip to Beijing last week and the G-20 leaders meeting in Bali, Indonesia this week.

Scholz also visited Vietnam.

When asked how German companies should approach both competition and collaboration with China, Scholz said Germany could deal with China if it was able to diversify its economy and supply chains. .

Scholz used the example of Germany to strengthen its semiconductor, artificial intelligence and battery industries. In these areas, China is both a competitor and a supplier.

Germany’s dependence on China for goods, especially key materials, has come under scrutiny.

Olaf Scholz in Singapore on Monday.

Image Alliance | Image Alliance | Getty Images

Wong, from Singapore, said the United States and China both have broad interests across Asia and need to find a way to coexist, compete and cooperate peacefully.

“So from Singapore’s point of view, we encourage better diversification. We are all for greater resilience, but we will caution against rules that would lead us to a more fragmented world, because that will leave us all in a situation worse,” Wong said. after Scholz’s speech on Monday.

But even though the United States and China are “the most important”, Wong said, many economies, including Singapore, have the agency to shape development in their own regions – and most will lean towards greater globalization. , Not less.

“The reality is that we are moving towards a multipolar world, characterized by a great diversity of overlapping interests,” he said.

“Germany does not want to dissociate itself from China, which remains an important trade and commercial partner for Germany and Europe. And this is also the view of Singapore and that of many ASEAN countries. .”

Robert Habeck, Vice-Chancellor and Federal Minister for Economic Affairs and Climate Protection, Lawrence Wong, Deputy Prime Minister of Singapore, German Chancellor Olaf Scholz and Roland Busch, Chairman of the Board of Directors of Siemens AG, meet at the 17th Asia-Pacific Conference of German Enterprise (APK).

Image Alliance | Image Alliance | Getty Images

“And within ASEAN, no country wants to be able to have both sides between China and the United States. There can’t be a good outcome for us if our countries were forced into two sides, a hard line or worse even a wall in between.”

And to stay open, all countries must be free to continue participating in the region’s economic playground, he added.

As part of the conference, Singapore and Germany, Singapore’s fourth largest services trading partner in the EU, signed a new Memorandum of Understanding, the Germany-Singapore Framework for Sustainability and Innovation.

Speaking on a separate panel after Scholz and Wong, the dean of Oxford University’s Blavatnik School of Government, Ngaire Woods, said the G-20 meeting in Bali this week would be crucial.

Drawing on speeches by Scholz and Wong, Woods urged the leaders of major countries like Germany to hold the United States and China accountable for their commitment to global cooperation.

“In doing so, they must counterbalance the inner strength in China and the United States that pushes them toward an increasingly nationalistic ‘America First’ or in China a ‘self-reliance’ approach to global cooperation.”

“We need them not to bring a new deal to the World Trade Organization, but to keep it working, to enforce the rules.”

Troubled ASA College Loses Accreditation

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The accreditor Middle States Commission on Higher Education has accreditation withdrawn of the struggling for-profit ASA college. As a result, unless this decision is overturned on appeal, the ASA will lose access to federal student aid that has made up nearly two-thirds of its revenue. In a letter dated November 11, Middle States told the ASA that accreditation will end on March 1, 2023 or sooner if the school fails to meet the accreditor’s requirements.

LIKE A, with campuses in Manhattan and Brooklyn, New York, and Hialeah, Florida, offered programs in nursing, health care, information technology, business, and criminal justice. He reported income in the 2020-2021 academic year by $52 million, including $33.6 million from federal taxpayers through student grants and loans.

In October, ASA agreed to pay New York $112,500 in penalties for misleading ads, many of which appeared to target immigrants and visitors to the United States, which were displayed on subway cars this year. The ads, which began running in January, went on display in February Republic Report articlethanks to photos sent to us by subway riders, including staff from the New York Legal Assistance Group (NYLAG), a nonprofit legal service provider that often helps ripped off students.

Intermediate states cited for their new decision factors, including: ASA’s alleged failures “to demonstrate that it can provide a quality learning experience for students”, to demonstrate that it has sufficient financial resources and to provide intermediate states with an effective education plan providing education options for its students in the event of closure.

Intermediate states also pointed to an apparent action by the Ministry of Education to place the ASA on restricted HCM2 reimbursement status; ASA’s “non-compliance with salary obligations”; “failure to comply with the settlement agreement”; and ASA recently announced its decision to close its Florida campus and not renew its license in that state, which according to the Middle States occurred “without notification to the Commission or required approval thereof”. Additionally, Middle States cited “information received from local government agencies regarding the institution’s failure to comply with consumer protection laws related to advertising and the terms of a settlement agreement between ASA College and the New York City Department of Consumer and Worker Protection”.

Middle States have requested that the ASA submit an adequate teaching plan and notify all students of the impending withdrawal of accreditation. He ordered the school, if it wants to retain accreditation until March, to stop recruiting or enrolling new students.

The ASA has long been the subject of controversy over its owner, Alex Shchegol, who was forced out as university president by its board of trustees three years ago amid allegations of gross sexual misconduct. Last year, Shchegol ousted most of the school’s board members and regained control. But after the New York Daily News exposed the upheavaland after Middle States last December put the school on probationChchegol resigned again as President, effective December 31. Shchegol remains the owner of ASA College.

To date, the ASA website does not adhere to the Middle States directive to inform prospective students of the accreditor’s action. Instead, his home page offers several invitations to apply for registration.

AAPA says Asia-Pacific recovery held back by regulations

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During the last session on Friday of the Association of Asia-Pacific Airlines At the 66th Assembly of Presidents in Bangkok, the leaders of the thirteen member airlines passed three resolutions. With air travel resuming in the region, leaders want to ensure that critical lessons learned during the pandemic are put into practice, not forgotten.


After more than two years of lockdowns, border closures and airline groundings, the general sentiment among leaders is relief that aviation’s recovery is finally happening in Asia Pacific. Their support for the AAPA resolutions comes from a common understanding that regulations have stifled recovery, particularly in passenger facilitation, security and sustainability.

SIMPLEFLYING VIDEO OF THE DAY

AAPA on display in Bangkok

AAPA Assembly of Presidents 2022 Bangkok on stage

Photo: AAPA

AAPA chief executive Subhas Menon (seventh from left) told the gathering, which included Simple Flying, that AAPA carriers have shown remarkable resilience in the face of challenges. through the prolonged COVID-19 pandemic while maintaining the highest safety standards.

“However, the lack of coordination of travel requirements across borders and the burden of restrictive government regulations are hampering the sustainable recovery and growth of Asian carriers, as well as their ability to fully contribute to the region’s social and economic development.”

Passenger facilitation

Biometric technology used in an airport

Photo: Star Alliance

Globally, governments have introduced digital apps, primarily focused on pre-travel health checks. Their use in aviation was problematic given that most were not interoperable with each other and were not enabled for registration or for immigration purposes. The AAPA says that the existing electronic passport technology can be leveraged to help reduce airport congestion and queues at immigration checkpoints. The resolution is:

AAPA Calls on Governments and Border Control Agencies to Work Together to Adopt Interoperable Digital Applications for Air Travel, Per ICAO [International Civil Aviation Organization] advice, in order to reduce unnecessary congestion before departure, delays and inconvenience for the traveling public. AAPA also calls on governments to use existing passenger data exchange systems to provide integrated pre-trip verification responses to aircraft operators related to immigration, security and public health requirements while fully respecting passengers’ right to privacy.

Security

EVA Air Boeing 777-35E(ER) B-16707

Photo: Vincenzo Pace | single flight

Simple Flying has covered the issue with 5G telecommunications towers in the United States, but there is also a problem with a Federal Aviation Administration regulations (FAA). To overcome the 5G issue, the AAPA says the FAA requires all commercial airliners to be equipped with new or modified radio altimeters by July 2023 to maintain operations in the United States.

AAPA argues that introducing regional or sectoral targets that are counterproductive to aviation safety and recovery is inconsistent with ICAO’s “no country left behind” principle. The resolution is:

AAPA calls on governments, aviation regulators, safety agencies and other stakeholders to support ICAO’s frequency spectrum strategy. The AAPA also calls on governments to consult with aviation safety regulators, subject matter experts and airspace users to provide all necessary considerations and establish regulatory measures to ensure that systems and services existing aeronautical equipment are free from harmful interference.

Sustainability

Malaysia Airlines airplane standing near gate at KL airport

Photo: Malaysia Airlines

The assembly paid a great deal of attention to aviation sustainability, with almost universal recognition that without some form of sustainable aviation fuel (FAS), reaching net zero carbon emissions by 2050 is very unlikely. They all agreed that building an effective SAF ecosystem will require significant government support and incentives to provide SAF in the necessary volumes and at an affordable cost. The resolution is:

AAPA calls on governments to work with relevant stakeholders such as fuel suppliers to accelerate fuel research, certification and development as well as raw material processing technology and production, and certification of new aircraft. and engines to enable scaling of SAFs in sufficient quantities. at a competitive cost to meet the long-term needs of the industry. The Association also renews the call to governments to participate in CORSIA [Carbon Offsetting and Reduction Scheme for International Aviation] to respect the scope and integrity of CORSIA and to refrain from applying redundant international CO2 emissions requirements.

AAPA is the trade association for scheduled international airlines operating in the Asia-Pacific region. As such, he represents industry interests to governments and policy makers on issues that affect commercial aviation. Asia-Pacific airlines account for more than a third of global air passenger and cargo traffic.

Are these resolutions relevant to what airlines and their passengers face today?

Thai crocodile farmers want trade restrictions eased

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By TASSANEE VEJPONGSA, Associated Press

SRI RACHA, Thailand (AP) — Crocodile farmers in Thailand are coming up with a new approach to saving the dwindling number of endangered wild crocodiles in the country. They want to loosen regulations on cross-border trade in reptiles and their parts to boost demand for products made from those bred in captivity.

With only around 100 Siamese crocodiles living in the wild in Thailand, the species is technically on the verge of local extinction. Crocodile breeders, meanwhile, raise millions of animals in captivity, but don’t fare as well. The coronavirus pandemic has devastated sales of their products due to an almost complete shutdown of the lucrative market of visiting tourists.

In response, Thailand’s crocodile industry, whose $200 million in annual sales have plummeted nearly 90% during the pandemic, is promoting a two-track solution it hopes can benefit itself. as well as reptile species. As well as seeking a relaxation of strict regulations on international trade in their products, they are leading an effort to repopulate Siamese crocodiles in the wild.

Although the industry has its roots in catching wild crocodiles, ranchers and traders argue that a successful and well-regulated agricultural business can help rebuild the population of wild crocodiles.

political cartoons

Proponents of relaxing trade rules believe that the success of breeding Siamese crocodiles on farms means it is no longer profitable to hunt them in the wild, and that a thriving commercial industry will help fund conservation projects.

Thailand will propose relaxation of rules on the trade in Siamese crocodiles at next week’s meeting in Panama of the 184-nation CITES, the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

The Thai proposal aims to change the current listing of Siamese crocodiles from Appendix I, a category with extremely strict trade rules for endangered species, to Appendix II, with more relaxed rules that impose fewer regulatory constraints on buyers who import the products.

Yosapong Temsiripong, head of the Thai Crocodile Farm Association and owner of Sriracha Moda Farm, said it would help revive the battered industry, making it easier to export meat to countries like China and, more importantly , from crocodile skins to major foreign fashion brands. for handbags and shoes. Relaxed rules would help Thailand compete with the United States, Zimbabwe and Australia, which are major exporters of crocodile species that are not in the most endangered species category.

“For the past two years, during the pandemic, the crocodile industry has been badly affected as tourism is the main source of our income. When there were no tourists, our business suffered a lot,” Yosapong said. “Our exports have also been affected. We hope that if we can downgrade the Siamese Crocodile, then we can enter more markets, and our products can be accepted by global brands.

Wild Siamese crocodiles, once found in abundance in slow-moving rivers, streams and lakes in Thailand, Laos and Cambodia, were decimated in the late 1990s due to hunting and trade uncontrolled, as well as economic development that has reduced their natural habitats. . It is believed that only around 400 Siamese crocodiles remain in the wild, mostly in Cambodia.

Promoting commercial agriculture and crocodile conservation are compatible goals, said Bancha Sukkaew, deputy director general of Thailand’s Department of Fisheries.

“The species remains a protected species. Those authorized for sale and export must come from farms. So we can guarantee that trade will only be from farms. Second, we have plans to manage protected areas and plans to release crocodiles into the wild that have been approved to be carried out every year.”

Thai authorities are committed to protecting the wild population, with plans to increase it from around 100 now to 200 over the next 10 years, he said.

Previous proposals to relax trade rules for Siamese crocodiles, however, were rejected.

Steven Platt, a herpetologist with the US-based Wildlife Conservation Society, said more should be done to save Thailand’s wild Siamese crocodiles before opening the door to increased trade. Those efforts should include a more robust crocodile release program, he said.

Neighboring Cambodia and Laos are leading efforts to boost wild populations with regular release programs, said Platt, who has spent years working on crocodile conservation. Both countries are believed to have stable and viable populations, which some experts say is not the case in Thailand. Thailand’s release of 50 crocodiles between 2006 and 2019 is relatively low compared to Laos, where around 70 crocodiles were released this year alone.

“Thailand has the best system of national parks, real protected areas that work. They are well governed. They are well managed. They have science personnel, law enforcement personnel, and that’s unique in the area. And there is … huge potential for Thailand to take the lead in Siamese crocodile conservation,” he said. “And we just don’t see that.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

McRAE: A gift that keeps on giving | Mississippi Politics and Current Affairs

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Treasurer David McRae

Submitted by State Treasurer David McRae

“If you want to avoid the mall rush and endless Amazon scrolling, consider funding a 529 college savings plan instead,” McRae writes.

I know it’s not Thanksgiving yet (and the weather is hardly wintry), but fall decorations have already been removed from most store shelves and replaced with stocking stuffers, trees and treats. Yes, the holidays are definitely upon us.

And while there’s a lot of joy this season, there’s often some pressure to find the perfect gift for everyone in our lives. But read a little further and we may be able to find a way for your Treasury to help you this Christmas.

If you want to avoid the mall rush and endless Amazon scrolling, consider funding a 529 College Savings Plan instead.

529 plans make it easy and affordable to plan the cost of higher education. They are also flexible, being able to be used for almost any level and type of schooling you can think of! Use it for K-12 private school tuition, for example. Use it for a technical or trade school. Use it at community college. Use it at a four-year college or university. Use it on tuition. Use it on books. Use it on computers. Use it on room and board…. You get the point. These backgrounds have a wide range of applications, making them a great idea regardless of your child or grandchild’s interests.

Additionally, these accounts often offer tax benefits to the account holder, compounding the financial benefits and making them a great investment for many grandparents this holiday season.

Here in Mississippi, you have three options when it comes to using the 529 savings system. The first option is an MPACT plan. This plan lets you lock in today’s tuition and prepay for your child’s or grandchild’s college. With tuition fees rising almost every year, this can mean huge savings for you and your family. (Pro tip: If you have out-of-school grandkids who would love to go to school in Mississippi, this is a perfect option for you.)

The second option is to open a MACS account. These accounts start with a contribution as small as $25. From there, your investment has room to grow through interest. Once you are ready to use it, the money can be applied to almost any education-related expense.

The third option is a combination of MACS and MPACT. Use MPACT to save on tuition and MACS to pay for all other educational expenses!

If I piqued your interest, so much the better. Please visit Treasury.MS.gov/CollegeSavings to learn even more now.

But if you’re still skeptical because you’re one of those people who enjoys watching their grandkids rip open the wrapping of a new gift, know that there are plenty of ways to be creative when sharing the news. Consider slipping the announcement into a new book or wrapping it up with a trip to a college town of their choice!

We hope you consider a 529 as part of this year’s giveaways. Talk about it as a family during the Thanksgiving festivities and contact my team if you have any questions. However you choose to wrap that gift, know that a college savings plan is a gift that will keep on giving for years and years to come.

From my family to yours, have a safe Thanksgiving!

###

Submitted by Mississippi Treasurer David McRae. He is the 55th Treasurer of the State of Mississippi. In this role, he helps manage the state’s cash flow, oversees College Savings Mississippi, and has returned more than $60 million in unclaimed money to Mississippians.

The winter heating season is here, but it’s not too late to prepare

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The Indiana Office of Utility Consumer Counselor advises the public that it is not too late to prepare for the winter heating season.

The bureau says all consumers should be aware of the tools they can use to ease winter heating bills, with utilities in Indiana and the United States predicting higher energy costs in the coming months.

They gave the following advice and information:

Financial aid

If you need financial assistance, resources are available.

  • The federally funded Low Income Home Energy Assistance Program (LIHEAP) assists eligible consumers each winter.
  • Consumers without Internet access can call IHCDA toll-free at 1-800-872-0371 for more information about LIHEAP. Consumers who qualify for LIHEAP are also eligible for a Low-Income Household Water Assistance Program (LIHWAP).
  • Local township administrators provide statewide assistance.
  • Many public services offer their own assistance programs. Help through local charities may also be available.
  • Consumers seeking financial assistance should call 2-1-1, the state’s 24-hour helpline. Indiana 211 can connect you with resources locally.

Billing options and payment plans

All utility consumers, including those protected by the moratorium and/or receiving financial assistance, have a strong incentive to continue paying their heating bills each month, even if they can only make partial payments.

“If you’re behind on your bills or worried about your ability to pay, it’s important to contact your utilities right away to find payment options you can afford,” said Bill Fine, consumer advisor. Indiana public utilities. “If you or someone you know needs help or a payment arrangement, it’s time to seek help now, and not wait.”

In addition to payment terms, many utilities offer budget billing, which provides a consistent monthly payment. The utility sets the monthly amount over a specific period – normally a year – based on the customer’s expected usage. An adjustment is applied in the 12th month, with a credit or balance usually applied to the following year. One of the main benefits of budget billing is that it can provide month-to-month consistency throughout the winter and help consumers avoid the sticker shock they might otherwise experience.

Energetic efficiency

Taking steps to improve a home’s energy efficiency can also help consumers save money.

Now is a great time to schedule a home heating system tune-up and consider other cost-saving measures like changing your HVAC filter regularly, replacing old weatherstripping, and rotating ceiling fans in your home. clockwise during the winter months. The OUCC offers more energy efficiency tips to www.in.gov/oucc/natural-gas/tips-and-publications/reduce-your-winter-energy-bills/.

Additional resources include online home energy audits and specific programs offered by utilities. Learn more about www.in.gov/oucc/featured-topics/winter-bills-faq.

Data report

Eight Indiana electric and natural gas utilities — including five of the state’s six largest energy utilities — agreed to share monthly disconnection and backlog data with the September OUCC 2022 to March 2024. More information is available at www.in.gov/oucc/featured-topics/arrearage-and-disconnection-data-investigationincluding September 2022 data.

Mortgage rates hit new high as loan applications slide – Forbes Advisor

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Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

Mortgage rates rebounded more than 7% to the same record high set in late October, keeping borrowers on the sidelines amid continued market swings and recession fears.

The average 30-year fixed-rate mortgage rose to 7.08% for the week ending November 10, according to Freddie Mac. Mortgage rates jumped 13 basis points from last week’s average of 6.95% (one basis point equals one-hundredth of a percentage point), and have more than doubled since early January , when the 30-year average fixed rate was 3.22%.

The 15-year fixed-rate mortgage averaged 6.38% this week, down from 6.29% last week and down from 2.27% a year ago.

The average 5/1 variable rate mortgage (ARM) was 6.06%, down from 5.95% last week and 2.53% a year ago. As borrowing costs continue to rise, ARMs remain more attractive as they now have a lower rate than fixed rate mortgages.

According to the Mortgage Bankers Association (MBA), ARM applications accounted for 12% of all mortgage applications in the week ending Nov. 4, a slight increase from 11.8% the previous week. ARMs accounted for just 3% of all mortgage applications in January 2022.

The above rates do not include fees called “points” or other costs associated with obtaining home loans.

Related: Compare current mortgage rates

Mortgage rate forecasts to 2023

Mortgage rates have hit extreme highs and lows this year, with the 30-year fixed rate dropping to 4.99% on August 4, then hitting its first 20-year high at 7.08% in October. The rise in rates is due, in part, to the Federal Reserveaggressive strategy to increase its federal funds rate six times this year in an effort to curb inflation.

Moreover, while the government’s latest reading on inflation indicated that consumer prices rose less than expected in October – plunging below an 8% annual rate for the first time since February – the country is still grappling with near-record inflation.

The Fed has signaled that its monetary tightening policy will likely continue, which will have an indirect impact on mortgage rates. Long-term mortgage rates are directly linked to Treasury bill yields, which react to the Fed actions and monetary policy.

Following the central bank’s policy meeting in November, Fed Chairman Jerome Powell “made it clear that the data suggests there is still a long way to go, and noted that the December projections will likely show a higher-than-expected Fed Funds rate trajectory in September,” said Danielle Hale. , chief economist at Realtor.com, in a statement.

Most housing experts say mortgage rates will average 5-6% in 2023, although some have predicted rates will go even higher.

Related: Mortgage rate forecasts for 2022

First-time home buyers face affordability shortage

Homebuyers have continued to react to high mortgage rates in recent months by forgoing mortgage applications. Although the overall volume of mortgage applications declined in the most recent week, home purchase loan applications edged up 0.1%. Although it remained relatively stable, the small increase broke a series of lows, according to the MBA.

“Buy orders rose for the first time after six weeks of declines, but remained near 2015 lows as homebuyers stayed away from higher rates and continued economic uncertainty” said Joel Kan, the MBA’s vice president and deputy chief economist, in a statement.

As mortgage rates remained high, refinances also continued to fall, falling to levels not seen since August 2000, Kan said.

In addition to high mortgage rates, first-time home buyers also face a low housing supply that is about half the level needed for what is considered a balanced market. The share of homebuyers who are newcomers has dropped to 26%, according to the National Association of Realtors (NAR). This is the lowest share since the real estate trade association began tracking.

The age of first-time buyers has also taken a new step. Data from NAR shows the average first-time home buyer has reached the oldest age on record at 36, three years older than buyers just a year ago.

“First-time buyers are older because they have saved for down payments for longer periods or rely on a generational transfer of wealth to propel them into homeownership,” says Jessica Lautz, vice president of demographics. and behavioral information from NAR, in a press release.

Where is the housing market heading in 2023?

Various indicators suggest that the housing market, which has reached record property prices earlier this year, begins to cool. However, affordability remains out of reach for many homebuyers due to stubbornly high rates and home prices in many markets, even as home prices begin to decline.

The latest government consumer price index shows housing costs rose 0.8% from September to October, the biggest monthly increase since August 1990. The housing index saw a 6.9% increase % year over year.

“The housing market is the most interest rate sensitive segment of the economy, and the impact of rates on homebuyers continues to evolve,” said Sam Khater, chief economist at Freddie Mac. “Home sales are down significantly and as we approach the end of the year, they are not expected to improve.”

Still, if you know you want to live in a home for the long term, Ward Morrison, president and CEO of Motto Franchising, the Denver-based company behind Motto Mortgage, points out that the longer you wait to buy, the less chance you have. opportunity to build equity in your home.

“Prices are already highly negotiable, why wait to start building wealth? Morrisson said. “Even if a first home doesn’t tick all the boxes, within five to 10 years there’s a good chance a homeowner will have built up enough equity to benefit from buying a better home. “

Related: Best mortgage lenders of November 2022

Growing stronger: Agri-Trade farmers innovate and adapt to global industry challenges

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“Everyone is struggling with supplier issues or getting parts or labor, so we had the same thing,” said Derek Molnar, director of marketing and territory for North America. Saskatchewan for Degelman Industries. “But overall it was a successful year for Canadian Ag and for us. So 2022 has been good and 2023 looks like it could be just as good, if not better. »

The Regina-based shortline manufacturer builds pre- and post-harvest tools, seeding aids and other equipment such as root pickers, dirt rollers and dozer blades.

A salesman at the Expo for more than 20 years, he says they intend to reconnect with current customers to ensure their needs are met and eventually meet new customers.

Also looking to build new relationships is Bryce Walker, Sales Representative for Earth Smart Solutions.

He says that after the pandemic shutdowns and the federal goal of reducing fertilizer emissions by 30% by 2030, farmers are eager to find new products for their soil.

“With government regulations on fertilizer use, there’s a lot more interest in regenerative products,” he said.

READ: Canada’s proposed fertilizer emissions reduction target questioned

The company focuses on plant and soil health through the use of humates and biologically friendly products.

Organic and commercial grain producer Stephanie Jarema of Smoky Lake, Alta., was just one of many people at the Expo seeking information on fertilizers and seeds.

She says that although the year produced average returns for farmers in her area, weather and costs will determine next year’s profits.

“Of course we expect costs to rise and that’s a struggle for a lot of farmers. This is something that I think a lot of people here today will be looking at; which is going to provide them with value-added benefits within the scope of these services that they have,” she said.

For the first time at Agri-Trade, she says she was impressed by the number of vendors present and the friendliness of the people at each stall.

Many of the booths are customers of attendee Ken Galloway who works for A&L Canada Laboratories. The Analysis and Diagnostics Laboratory performs soil, plant tissue and nutrient analysis and disease and pathogen detection tests.

For his second time at Expo in contact with customers, he says technology changes every year in the agricultural industry, “to really maximize the efficiency of our inputs and advance agricultural production.” We are in a large part of the world for this.

The event will run until November 11 from 9 a.m. to 5 p.m.

Yelm Dollars for Scholars aims to prepare young people for the future

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By Brandon Hansen / For Nisqually Valley News

The Yelm Dollars for Scholars program has collected and distributed over $2.5 million in scholarships to Yelm High School graduates since 1991.

The program holds many fundraisers throughout the year to raise funds for their scholarships, which are open to all Yelm graduates. Scholarships are awarded based on merit.

“Having a program like this is so important because it’s a long-standing tradition that brings our community together to support Yelm’s graduating class,” said Yelm Dollar for Scholars President Dan Huttmann. . “It really shows what a great community we live in.”

Huttmann added that those in the program don’t need to have their own senior student.

“They just want to give back to a great cause for all children,” Huttmann said. “It’s very important for students because it’s a student-centered scholarship. It is also important for students because it is the only scholarship opportunity that is open to all Yelm students who wish to further their education. This can be through college or trade school.

Scholarships are awarded on a weighted scale of academic achievement, goal setting, community and academic involvement, and an interactive “professional-style” interview with each applicant. Students can apply for scholarships by creating an online student profile at yelm.dollarsforscholars.org.

As for fundraising, volunteers work on the annual Pumpkin Patch and Taste of the Prairie events from October to February soliciting donations from local businesses.

“The feedback from the community is always great. From the pumpkin patch to the Taste of the Prairie, our community has come together to support our seniors,” said Huttmann. “Even with COVID, we’ve been able to bring the kids our annual auction and the Yelm community has stepped up. We changed the format of the annual auction and the community continued to rally and support. That being said, last year we had a record year for fundraising.

The group also plans its annual auction.

“The culmination of our fundraising activities is the annual March Madness auction,” Huttmann said. “The auction is a popular winter attraction for the Yelm community, including a week-long virtual silent auction that precedes an all-night interactive live auction dinner.”

Volunteers also work on the workings of the scholarship program and also manage applications.

Those who want to get involved can email [email protected] to join the organization’s mailing list. They can also attend the group’s monthly planning meetings, which take place every third Tuesday of the month.

For more information on the program, follow them on Facebook or Instagram. Upcoming events, meetings and activities will be posted.

New Zealand escalates trade dispute with Canada over dairy TRQs

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Formal consultations were held in June, but Trade Minister Damien O’Connor said on Monday they had failed to resolve the issue.

New Zealand has now decided to request the establishment of a panel to hear and decide the dispute. New Zealand and Canada will now engage in a process to select three people to serve on the panel, while the other CPTPP countries will have 10 days to join the dispute as third parties.

“It’s ultimately about making sure our exporters can access the agreed benefits under the CPTPP,” O’Connor said. These are hard-won negotiated outcomes, and it is important that our exporters have the confidence and certainty that they can benefit from them.”

“New Zealand continues to value its strong friendship with Canada, one of our warmest and closest relationships in the world. This is a discrete business matter, and the CPTPP’s dispute resolution mechanisms provide us with a neutral forum to resolve it.

With primary exports worth $53 billion to New Zealand’s economy last year, O’Connor said it was important for the country’s economic security that the rules of trade agreements were followed.

“Canada is failing to meet its CPTPP commitments to allow dairy products into Canada. This impacts New Zealand exporters, who remain effectively shut out of the Canadian market, and Canadian consumers, who are deprived of increased consumer choice. promised by the CPTPP.”

The minister said in May that many of Canada’s tariff quotas had not been filled, representing a loss to New Zealand dairy exporters estimated at $68 million in the first two years. This was expected to increase year on year as the size of the quotas increased under the agreement.

In response to the New Zealand government’s decision in May, a spokeswoman for Canadian Trade Minister Mary Ng said her country was a “fair trade partner”.

“Our government will always stand up for Canada’s dairy industry, farmers and our supply management system,” she said in the Financial position as told. “We have always said that we will work with the industry and with New Zealand on this issue, and we will continue to do so.”

Newshub has contacted the Canadian High Commission for comment on New Zealand’s latest decision.

While New Zealand has previously brought disputes before the World Trade Organization (WTO), this is Aotearoa’s first dispute under a free trade agreement and the first by a party in the framework of the CPTPP.

New Zealand recently signed free trade agreements with the United Kingdom and the European Union. O’Connor said the government is working to ensure the potential of these deals is realized.

New REA research indicates increased consumer confidence in the conduct of property professionals

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Despite a turbulent property market, New Zealand consumers feel more empowered in property transactions and are becoming more confident in the real estate profession as a whole, according to new research commissioned by independent conduct regulator the Real Estate Authority (REA) .

REA’s latest annual perceptions research – based on fieldwork conducted in April-May 2022 – indicates strong consumer confidence in the conduct of the real estate sector as a whole, with significant gains in the perception that it is professional, well supervised, well regulated, fair and transparent.[1]

A consumer is someone who has bought or sold a property in the past 12 months.

REA’s Chief Executive, Belinda Moffat, says it’s encouraging to see growing consumer confidence in the property sector, as it aligns with REA’s goal of seeing people confidently engage in fair transactions with trusted real estate professionals.

“We are pleased to see the high standards of conduct indicators trending in the right direction, particularly at a time that has placed additional pressures on consumers and licensed real estate professionals, with COVID-19 restrictions and changing market conditions. However, we recognize that there is still work to be done to continue to ensure that all professionals meet the high standards expected. There is no time for complacency. We are committed to working with the industry to continue to raise standards of conduct to build trust and protect consumers from harm.

Research found that 85% of real estate consumers[2]

had some confidence in the New Zealand property industry as a whole.

Ms Moffat says consumer confidence reflects the positive regulatory impact of the REA, and that employment agencies and licensed real estate professionals strive to maintain high standards of professional conduct.

“As a regulator, REA sets high expectations for real estate licensees in the code of conduct we oversee. We help them meet these standards through our ongoing professional development program and regular industry guidance, and those who fail to meet the standards can be held accountable through our complaints and disciplinary processes.

The research also revealed:

  • 86% of all consumers surveyed feel very or somewhat empowered to participate effectively in their real estate transaction.[3]
  • 91% of Maori consumers surveyed feel very or somewhat empowered to participate effectively in their real estate transaction

Ms Moffat says the average consumer sentiment of empowerment has remained stable, with data breakdowns indicating the levels of successful buyers and sellers have increased, while those who are unsuccessful have felt less empowered in recent years. .

“Consumers’ sense of empowerment in a real estate transaction is important because it can indicate that they feel well informed and adequately in control of their part of the buying and selling process. While the outcome of the transaction naturally seems to influence consumers’ sense of empowerment, those who feel most empowered also frequently cite the conduct of the real estate professional involved as a contributing factor.

Ms. Moffat says that for REA, identifying consumer segments that deviate from the general population is particularly helpful.

“For example, in areas such as consumer empowerment, we see notable variations in terms of ethnicity, and this helps inform our work to engage with New Zealand’s diverse communities, ensuring that they are aware of REA, can access our information resources on the real estate transaction process and understand the standard of conduct they are entitled to expect from a licensed real estate professional in our country. »

The survey also indicated that consumers who rated their knowledge and understanding of what REA does very highly were among those who felt empowered significantly above average.

Consumer Awareness of REA Continues to Rise

The research also indicates that consumer and public awareness of the REA as a regulator of property sector conduct continues to grow. The search found:

  • 69% of all consumers were aware of the REA, an increase of 6% from 2021[4]
  • 74% of consumers identifying as Maori and 81% of consumers identifying as Pacific people were familiar with REA
  • 79% of consumers consider that REA provides clear and independent information
  • 78% of consumers consider REA to be trustworthy and provides information accessible to everyone[5]

REA oversees consumer website regulation.govt.nz

which provides comprehensive information to consumers on buying and selling real estate and publishes guides for consumers on the agency contract and the sale and purchase contract. The search found[6]:

  • 84% of consumers agree or strongly agree that
    colonized is trustworthy
  • 76% of consumers felt better informed after visiting
    colonized
  • 92% of consumers found the consumer guides little to very useful

Ms Moffat says this result reflects REA’s work to educate consumers about REA and its role.

“While we clearly want all New Zealanders involved in property transactions to know that REA is here as an independent conduct regulator and consumer protection body, as a young agency we are pleased with the progress what we have done to date. It is important that buyers and sellers know where to go for information or to complain about the conduct of a real estate professional. Knowledge of regulatory protections builds consumer confidence and increases the likelihood that serious driving issues will be deterred or reported to us when they arise.

Ms Moffat says people who access REA’s consumer resources (such as the Settled.govt.nz website) can better protect themselves with REA’s guidance on the due diligence they should undertake as potential buyers and the information they should disclose as sellers. Our recent work to provide our main consumer guides in seven languages ​​is a further step in our commitment to making REA accessible to everyone.

Buyers collecting property information; more sellers retain it

The research indicated that more than nine in ten buyers (94%) obtained additional information about a property (such as a building inspection report, land information memorandum or title search) before buying it. .[7].

Ms Moffat says that while this overall result is in line with REA recommendations, closer examination suggests some buyers might be doing more homework on the properties they are considering buying.

“While the research suggests that nearly all buyers obtain some form of additional information, each type of documentation was obtained by less than half of all buyers. This suggests that some buyers only undertake limited due diligence, which is a risk that REA recommends buyers avoid.

The REA is also concerned that 29% of sellers say there was something about their property that they were happy the buyer didn’t know about.[8].

Ms Moffat says sellers should share information about any relevant issues with a property, including unconsented alterations, boundary issues or waterproofing issues.

“If sellers don’t know what to report, they should discuss it with their licensee or attorney. A seller acting in good faith should put themselves in the buyer’s shoes and think about what they would like to know about themselves. he was buying the property.

Under the Estate Agents Act 2008, if licensees acting on behalf of a seller suspect that their property may have a latent or underlying defect, they must speak to the seller and inform potential buyers of the possible risks. A seller must disclose all relevant information about the property to its licensee, and if the seller denies permission to disclose such information to prospective buyers, the REA requires licensees to waive registration. Failure to properly disclose serious ownership issues could result in legal action.

REA recognizes that the research was undertaken as the market began to cool and that the cooling market may open up new opportunities.

REA is publishing this research report to enable the industry to better understand consumer and public perception, to help improve conduct and service, and to enable others working in this field to support and protect consumers.

About the survey

The latest annual perceptions research was conducted by Nielsen on behalf of the Real Estate Authority. The survey was conducted in two parts. The first part took place in the field between April 28, 2022 and May 23, 2022 and brought together 658 respondents. The first part of the survey was made up of people who have bought, sold, placed an offer or received an offer on a property in the last 12 months (referred to as “consumers”). Part two surveyed 816 members of the general New Zealand public. Fieldwork for the second part of the survey took place between April 28, 2022 and May 4, 2022.

© Scoop Media

Zions Bancorporation, National Association (NASDAQ:ZION) has passed our audits and is set to pay a dividend of $0.41

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Readers hoping to buy Zions Bancorporation, National Association (NASDAQ: ZION) for its dividend will have to come shortly, as the stock is set to trade ex-dividend. The ex-dividend date is one business day before the record date, which is the deadline by which shareholders must be present on the books of the company to be eligible for payment of a dividend. The ex-dividend date is important because each time a stock is bought or sold, the transaction takes at least two business days to settle. As a result, Zions Bancorporation National Association investors who purchase the shares on or after November 9 will not receive the dividend, which will be paid on November 17.

The company’s next dividend payment will be $0.41 per share, and over the past 12 months the company has paid a total of $1.64 per share. Based on last year’s payouts, Zions Bancorporation National Association stock has a yield of about 3.3% on the current stock price of $49.76. If you’re buying this company for its dividend, you should have some idea of ​​the reliability and sustainability of the Zions Bancorporation National Association dividend. We need to see if the dividend is covered by earnings and if it increases.

Check out our latest analysis for Zions Bancorporation National Association

Dividends are usually paid out of company earnings, so if a company pays out more than it has earned, its dividend is usually at risk of being reduced. That’s why it’s good to see the Zions Bancorporation National Association donating a modest 29% of its revenue.

When a company has paid out less in dividends than it has earned in profits, this generally suggests that its dividend is affordable. The lower the percentage of its profits it pays out, the greater the margin of safety for the dividend if the company goes into a recession.

Click on here to see the company’s payout ratio, as well as analysts’ estimates of its future dividends.

historical-dividend

Have earnings and dividends increased?

Companies with strong growth prospects are generally the best dividend payers because it is easier to increase dividends when earnings per share improve. If business goes into a recession and the dividend is cut, the company could see its value drop precipitously. That’s why it’s heartening to see that Zions Bancorporation National Association’s revenue has skyrocketed, growing 22% annually over the past five years.

Most investors primarily gauge a company’s dividend prospects by checking the historical rate of dividend growth. Zions Bancorporation National Association has seen an average annual increase of 45% in its dividend, based on dividend payouts over the past 10 years. It’s exciting to see that earnings and dividends per share have grown rapidly over the past few years.

To sum up

Is Zions Bancorporation National Association an attractive dividend-paying stock, or better left on the shelf? When companies are growing rapidly and keeping the majority of profits within the company, it is usually a sign that reinvesting profits creates more value than paying dividends to shareholders. This is one of the most attractive investment combinations according to this analysis, as it can create substantial value for long-term investors. In summary, Zions Bancorporation National Association looks promising as a dividend-paying stock, and we suggest you take a closer look.

So while Zions Bancorporation National Association looks good from a dividend perspective, it’s still worth being aware of the risks of this stock. Example: we have identified 1 warning sign for Zions Bancorporation National Association you should be aware.

If you are looking for good dividend payers, we recommend by consulting our selection of the best dividend-paying stocks.

Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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Harvest Capital Opens Office in Hong Kong to Help Portfolio Companies Achieve Global Expansion Goals

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HONG KONG, November 3, 2022 /PRNewswire/ — Harvest Capital, a Chinese private equity (PE) firm focused on value investing in the consumer goods and services sectors, recently opened its hong kong Desk. The office will serve as a regional hub from which the company will explore hong kong and foreign capital markets as well as to connect with foreign investors.

As an international financial center, hong kong has a well-established stock market and a robust legal system, with its lawyers, accountants and business executives known for their high level of professionalism, while the city plays a vital role in connecting the financial markets continental and international. The new office is expected to take full advantage of its locational advantages and provide a strong impetus for rolling out Harvest Capital’s globalization roadmap in conjunction with its Shanghai and beijing teams.

“The hong kong office is an important part of our global portfolio. We look forward to building a fuller, broader and closer relationship with investors, capital markets and potential partners through the office, as well as providing a more forward-thinking perspective for the portfolio of Harvest Capital investment and post-investment empowerment. ” said Xiangqian song (Alan Song), founding partner and chairman of Harvest Capital.

Founded in 2007, Harvest Capital focuses on China consumer goods and services industries, and is one of the few value creation funds China which has the capacity to invest on a large scale. With funds under management exceeding 26 billion yuanthe company’s mission is to support the sectors of the companies in which it invests and to develop these companies into national brands.

As the most committed practitioner of empowerment investing, Harvest Capital has consistently provided companies with comprehensive long-term financial solutions, strategic advisory services and efficiency improvement solutions. The company’s customers include Eastroc Beverage Group (beverages), Laiyifen (snack retail), Aimer Lingerie (underwear), Zhongyin Babi Food (breakfast retail), Qiaqia Food (fried nuts), Jiajia Food (condiments) , Easyhome New Retail Group (Distribution of construction materials for the home), Meituan (Life service platform), Jinmailang (instant food), Small Can Tea (tea brand), Home Original Chicken (Chinese fast food chain), Wenheyou (cultural and creative catering), NewPearl Ceramics Group wall and floor tiles) and Didi (car call services).

The opening of the Hong Kong office is expected to help Harvest Capital better connect with domestic and overseas capital markets and serve domestic and overseas entrepreneurs and investors more effectively. In addition, the office will serve as an intermediary by coordinating resources inside and outside the Chinahelping them with overseas communications, helping them improve capital and time efficiency, while improving the overall quality of their products and services.

Harvest Capital expects its presence in hong kong will enable the company to take full advantage of the advantages of the city as a global financial center, as well as the many favorable policies adopted in the special administrative region.

In addition, the new office will actively collaborate with relevant upstream and downstream players and various government departments to help more Chinese suppliers of consumer goods and services find their place in international capital markets and obtain greater commercial value.

SOURCE Moisson Capital

TSEI celebrates 60 years of commitment to safety

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The Transportation Safety Equipment Institute (TSEI) marked a milestone in its commitment to safety with the completion of its 2022 fall meeting, 60 years after its first meeting in the fall of 1962.

Officially formed as a non-profit organization in Illinois as the Truck Safety Equipment Institute in 1973, TSEI influenced the first edition of the Federal Motor Vehicle Safety Standards in 1967. In the years that followed , the trade association and its member partners have been leaders in developing performance and testing standards for safety equipment, protecting the rights of U.S. manufacturers, ensuring imported parts meet regulatory standards, and collaborating with NHTSA, FMCSA, FHWA, CVSA and other technical organizations such as SAE, TMC and IEEE.

Currently, the industry is faced with many new technologies for the safe and efficient operation of ground vehicles that need to be carefully brought to market with standardization in all states. These products include advanced brake controls, new lighting configurations, cameras, radars, lidars, and more. The association deals with driver distraction, location tracking, vehicle-to-vehicle communications, smart trailer possibilities, and connected-autonomous-safe/sustainable-electric (CASE) vehicles.

“With the emergence of such transformative technologies, TSEI and its member partners are needed more than ever to promote, defend and ensure the existence of performance standards and regulations,” said Paul Menig, Executive Director of TSEI. “We invite fleets, automotive OEMs, Tier 1-3 suppliers, safety equipment supply chain customers, aftermarket retailers and distributors, academic and research institutes and others trade associations to join in. We have a place where everyone can help make a difference.

For more information, please visit www.tsei.org.

RJ Brunelli Named Exclusive Real Estate Broker for VIO Med Spa Area Representative in Central and Southern New Jersey and Philadelphia Market

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OLD BRIDGE, NJ, November 1, 2022 /PRNewswire/ — RJ Brunelli & Co., LLC Named Exclusive Real Estate Broker for Area Representative Planning Rollout of VIO Med Spa Franchise Locations in Central and South New Jersey and the philadelphia cream market.

The growing national franchise brand is set to make its New Jersey soon to debut in paramus in coveted downtown Bergen. As a representative of the area with exclusive rights to New Jersey areas south of I-287 and philadelphia cream, Red Bank-based Elio Vecchiarelli plans to unveil 16 locations over the next five years.

Vecchiarelli plans to operate several VIO Med Spa locations — one of which will soon open in Monmouth County in partnership with Suzanne Moore—while recruiting franchisees to develop additional spas throughout the territory. “We have an aggressive strategic growth plan to introduce the VIO brand to key business areas in our region,” said Vecchiarelli, who has a long history of developing various consumer-facing concepts.

Founded in 2017 at Strongville, Ohio, VIO Med Spa is an all-inclusive medical spa offering the latest cutting-edge technologies and therapies in the wellness and aesthetics industry. Services offered by health professionals and spa practitioners include facials, skin rejuvenation, injectables, body contouring, wellness, and skin care. VIO currently has 15 operating locations in six states, with 50 spas expected to open by the end of 2023 and a total of 170 engaged nationwide.

In the center and in the south New Jersey and the philadelphia cream region, VIO seeks high-exposure locations of 1,700 to 3,000 square feet with at least 22 feet of frontage in premier shopping centers in high-income commercial areas. Preferred places include lifestyle centers or the most powerful power center in the commercial area, noted Danielle Brunellipresident and director of RJ Brunelli.

“I am delighted to represent VIO Med Spa in the center and south New Jersey and philadelphia cream, as it is a fairly new concept for the retail landscape in our region,” Ms. Brunelli said. “With more and more women and men spending money on treatments that make them look and feel younger, medical spa services should be offered on convenient terms. , places easily accessible and very frequented. As a 41 year old woman, I have no shame in saying that I recently opted for my “Birthday Botox” and woke up feeling fabulous this morning. I look forward to working with Elio and its franchisees to introduce the highly professional concept of VIO to consumers in our markets. »

About RJ Brunelli & Co.

RJ Brunelli & Co. serves as the exclusive broker for more than 30 commercial properties with a combined gross leasable area (GLA) greater than 2 million square feet, and five properties for sale. Properties are located everywhere New Jersey. The firm also acts as the exclusive or preferred tenant representative for more than 20 retail, restaurant and service chains. These include representation in various New Jersey, New York and Pennsylvania counties for companies such as Dollar Tree, Family Dollar, Raising Cane’s Chicken Fingers, Gregory’s Coffee, VIO Med Spa, European Wax Center, Asian Food Market, New Jersey Spine and Wellness and Bridgestone.

About VIO Med Spa

Founded in 2017 at Strongville, Ohio, VIO Med Spa is a national all-inclusive medical spa offering the latest in cutting-edge technologies and therapies in the wellness and aesthetics industry. VIO Med Spa is purpose-driven, helping women and men of all ages look beautiful and feel confident. VIO Med Spa’s highly trained expert team of medical professionals and practitioners focus on meeting each client’s needs by recommending products and services that are sure to achieve the desired results. Through personalized treatments and education, VIO has a significant positive impact on every client’s body, skin, and spirit, leading to life-changing results. VIO currently has 15 locations open in six states, with 35 additional locations scheduled to open by the end of 2023. For more information, visit viomedspa.com and follow the brand on Facebook and Instagram.

Note to media: Photos are available on request from Jaffe Communications.

Press contacts: At RJ Brunelli & Co., LLC, Danielle Brunelli, president, (732) 721-5800; at Jaffe Communications, Elisa Krantz, [email protected](908) 789-0700.

SOURCERJ Brunelli & Co.

DOJ gets first guilty plea in non-poaching case

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Nearly six years after the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) warned human resources managers and their companies that no-poaching and wage-fixing agreements would be subject to criminal prosecution , the DOJ secured its first guilty plea in a non-poaching case.1 On October 27, 2022, a healthcare staffing agency, VDA OC LLC (VDA), formerly Advantage On Call LLC, pleaded guilty to participating in a conspiracy to assign school nurses and not raise salaries nurses.2 At the same time, a U.S. District Court judge in Nevada ordered VDA to pay a $62,000 criminal fine and $72,000 in restitution.3

The VDA plea agreement was the first successful criminal prosecution for the DOJ in a labor market case involving a no-poach or wage-fixing agreement. The DOJ had previously failed to secure convictions in either of the two labor cases it filed with criminal charges. In April 2022, a Texas jury acquitted two people accused of fixing salaries for physical therapists and physical therapist assistants.4 That same month, a Denver jury acquitted kidney dialysis company DaVita and its former CEO of charges of entering into non-poaching agreements with other companies.5

Despite past losses, the DOJ has not been deterred from investigating and prosecuting behaviors in labor markets. The DOJ’s success in securing its first criminal plea with the VDA is likely to encourage the DOJ to continue to make these cases an enforcement priority. The VDA’s plea is also notable because it is one of the first cases where the DOJ has won restitution for victims in a criminal prosecution. The DOJ recently noted that it will seek to ensure that victims are compensated for damages caused by collusive conduct,6 and this is an example of the DOJ following through on this enforcement priority as well.seven

VDA Case Summary

A grand jury indicted VDA and its former regional director, Ryan Hee, in March 2021 for participating in a conspiracy to assign nurses and fix the salaries of nurses working for the Clark County School District.8 The cartel alleged in the indictment lasted less than a year, from October 2016 to July 2017, when VDA was acquired by another company.9 Meanwhile, VDA and another company agreed not to recruit or hire nurses from each other and to fix the nurse’s salary by refusing to raise their salary. According to the indictment, nurses provided care to students in the Clark County School District who either had complex medical needs or were medically fragile.ten

After being charged, VDA and Hee attempted to argue in a motion to dismiss that the government could not criminally prosecute the non-poaching and wage-setting cases because in itself violations of the Sherman Act, while arguing that their due process rights were violated because the DOJ’s guidance on criminal prosecution for non-poaching and wage-fixing agreements was only released a day before the start of the plot.11 However, the U.S. District Court judge indicated he was unlikely to dismiss the charges.12 Shortly after, VDA and Hee signaled that they intended to plead guilty. Although the company pleaded guilty, Hee did not and is expected to stand trial in April 2023.

Assistant Attorney General Jonathan Kanter, head of the DOJ’s antitrust division, hailed the VDA plea deal, calling free and open labor markets a “cornerstone of the American dream.”13 He said the guilty plea demonstrates the DOJ’s commitment to “ensuring that workers receive competitive wages and a fair chance to seek better work and that the criminals who conspire to deny them those rights are held accountable.” “.14

Comment on VDA Fine

While fines for criminal antitrust violations can reach $100 million or more depending on gain or loss, VDA’s $62,000 fine reflects the amount of nurses’ salaries affected by this conspiracy. In this case, the plot lasted less than a year and affected a relatively small number of nurses. Although the company was ordered to pay what may seem like a relatively modest fine, the methodology used to calculate the fine in this case could result in a much higher fine for a company with a larger volume of trade.

VDA also agreed to pay $72,000 restitution as part of its plea deal, which is not usually required in a criminal antitrust case.15 According to the DOJ, VDA’s payment of restitution to its employed nurses “would potentially spare them the trouble and expense of pursuing parallel civil lawsuits to recover damages.”16 The key word is “potentially”. In some limited circumstances, this might be true, and if the DOJ continues to pursue restitution in these criminal cases, time will certainly tell what effect (if any) restitution payments will have on civil lawsuits. For now, it’s important to know that the DOJ could demand restitution from companies that plead criminally guilty.

Conclusion

The DOJ’s first victory in its mission to criminally prosecute non-poaching and wage-fixing agreements will certainly motivate the DOJ to pursue this enforcement priority.17 Although VDA’s fine may seem relatively modest, the amount is attributable to VDA’s low trading volume. The DOJ’s approach to the VDA fine could result in significantly higher fines in future cases with higher trade volumes. Given the DOJ and FTC’s continued aggressive stance on agreements that affect labor markets, companies should familiarize themselves with the Antitrust Guidelines for Human Resources Professionals issued jointly by the DOJ and FTC in October 2016 and ensure their compliance programs prevent poaching or wages. – fixing conspiracies to arise.

For more information please contact Marc Rosmann, Brent Snyder, Jeff VanHooreweghe, or another member of the firm antitrust and competition practice.


[1]US Department of Just. & fed. Trade Comm’n, Antitrust Guidance for Human Resource

Professionals (Oct. 2016), https://www.justice.gov/atr/file/903511/download; see Wilson Sonsini Alert, “DOJ and FTC Warn Human Resources Officials That Anticompetitive Hiring and Compensation Practices May Be Subject to Criminal Prosecution” (October 24, 2016), https://www.wsgr.com /en/insights/doj-and-ftc-put-hr-executives-on-advice-that-anti-competitive-hiring-and-compensation-practices-may-be-legal-suited -criminales.html.

[2]Press release, US Dep’t of Just., “Health Care Company Pleads Guilty and is Sentenced for Conspiring to Suppress Wages of School Nurses” (October 27, 2022), https://www.justice.gov/opa/pr/ the-health-care-company-pleads-guilty-and-convicted-of-conspiracy-to-remove-schools-nurses-wages.

[3]Identifier.

[4]Verdict, United States v. Neeraj Jindal and John Rodgers, No. 4:20-cr-00358-ALM-KPJ (ED Tex. April 14, 2022). One of the defendants of Jindal was found guilty of obstructing the government investigation. See also Wilson Sonsini Alert, “DOJ’s First Criminal Wage-Fixing and Non-Poaching Trials End in Acquittals” (April 18, 2022), https://www.wsgr.com/en/insights/first-doj- criminal-wage-Fixing-and-No-poach-trials-end-in-acquittals.html.

[5]Verdict, United States v. DaVita Inc. and Kent Thiry, no. 1:21-cr-00229 (D. Colo. 15 Apr 2022); see also Wilson Sonsini Alert, “DOJ’s First Criminal Wage-Fixing and Non-Poaching Trials End in Acquittals” (April 18, 2022), https://www.wsgr.com/en/insights/first-doj- criminal-wage-Fixing-and-No-poach-trials-end-in-acquittals.html.

[6] Matthew Perlman, DOJ Obtains First ‘No Poach’ Guilty Plea With School Nurse (October 27, 2022), https://www.law360.com/articles/1544215/doj-gets-1st-no-poach-guilty-plea-with-school-nurse-case.

[7] The DOJ’s Antitrust Division recently revised its corporate leniency policy to emphasize remedial action. See Wilson Sonsini Alert, “DOJ Antitrust Division Updates Corporate Leniency Policy” (April 12, 2022), https://www.wsgr.com/en/insights/doj-antitrust-division-updates-corporate-leniency-policy.html.

[8] Press Release, US Dep’t of Just., “Health Care Staffing Company and Executive Indicted for Colluding to Suppress Wages of School Nurses” (October 27, 2022), https://www.justice.gov/opa/pr/l care-care-company-and-executive-charged-with-collusion-cuts-school-nurses-wages.

[9]ID.; see Indictment, United States v VDA OC, LLC, No. 2:21-cr-00098-RFB-BNW (D. Nev. October 27, 2022).

[10]Indictment at 2.

[11]Max FillionVDA’s motion to dismiss US DOJ’s non-poaching case met with skepticism from federal judgemlex (November 2, 2021), https://content.mlex.com/#/content/1334095.

[12] ID.

[13]Press release, US Dep’t of Just., “Health Care Company Pleads Guilty and is Sentenced for Conspiring to Suppress Wages of School Nurses” (October 27, 2022), https://www.justice.gov/opa/pr/ the-health-care-company-pleads-guilty-and-convicted-of-conspiracy-to-remove-schools-nurses-wages.

[14]Identifier.

[15] In July 2022, the DOJ entered into proposed civil consent decrees with poultry processors for participating in a conspiracy to fix the wages of poultry processing plant workers that required the companies to pay $84.8 million. dollars in restitution for workers injured in the conspiracy. News Release, U.S. Dep’t of Just., “DoJ Files Lawsuit and Proposes Consent Decrees to End Long-Running Conspiracy to Cut Workers’ Pay at Processing Plants Poultry and Combat Deceptive Abuses Against Poultry Farmers” (July 25, 2022), https://www.justice.gov/opa/pr/justice-department-files-lawsuit-and-proposed-consent- decrees-end-long-running-conspiracy.

[16] United States’ Sentencing Memorandum at 6, US v. VDA OC, LLC, No. 2:21-cr-00098-RFB-BNW (D. Nev. 27 Oct. 2022).

[17] The DOJ currently has criminal labor market cases pending against surgical care affiliates (SCAs) of UnitedHealth Group, executives of Raytheon and other aerospace engineering companies, and directors of healthcare agencies. home health in Maine.

COP27 climate summit to test world’s resolve to fight war and inflation

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  • Many of the biggest players distracted by crises
  • Global greenhouse gas emissions continue to rise
  • Floods, droughts, heat waves are wreaking havoc around the world
  • ‘Not on track on anything,’ says Egyptian negotiator

Oct 31 (Reuters) – An international climate summit starting next week in Egypt will test nations’ resolve to tackle global warming, even as many of the biggest players are distracted by pressing crises ranging from war in Europe to runaway consumer inflation.

More than 30,000 delegates, including representatives from some 200 countries, will meet Nov. 6-18 in the resort town of Sharm el-Sheikh to discuss ways to slow climate change and help those already feeling its effects .

But with nations dealing with the fallout from Russia’s invasion of Ukraine, soaring food and fuel prices and stuttered economic growth, questions arise over whether they will act quickly and sufficiently. ambitious plan to avoid the worst effects of climate change.

The cooling of relations this year between the main emitters of greenhouse gases, China and the United States, does not bode well, according to experts.

A United Nations report released last week showed most countries are behind schedule on their current carbon reduction commitments, with global greenhouse gas emissions on track to rise by 10.6 % by 2030 relative to 2010 levels.

Scientists say emissions must drop 43% by then to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial temperatures – the threshold above which climate change risks to get out of control.

Only 24 of the nearly 200 countries taking part in the COP27 talks have submitted new or updated emissions reduction plans since last year’s United Nations climate conference in Glasgow, Scotland, although all s were committed to doing so, according to the UN climate agency.

A few countries, including Chile, Mexico and Turkey, are expected to release new plans at the conference in Egypt, but it is unclear whether major developing economies like China and India will be among them.

“The chance for China to take another big step before COP27 is slim,” said Li Shuo, a China climate expert with environmental group Greenpeace who is familiar with the government’s thinking.

Alden Meyer, international climate policy expert at E3G, said the fraying diplomatic relations between Washington and Beijing on issues such as Taiwan and the war in Ukraine were a headwind for global climate progress, noting that past collaboration between the two had helped to stimulate the climate negotiations.

“Is it possible to make progress without the United States and China collaborating? Yes it is, but it is not easier,” he said.

The administration of US President Joe Biden, meanwhile, has urged US and international oil and gas drillers to increase production to cope with tight global markets, lower consumer prices and offset supply disruptions. linked to Russia’s war on Ukraine – showing how the energy crisis changed the political priorities of a president who had campaigned on a promise to quickly end the age of fossil fuels.

The US delegation to the UN conference is likely to tout Biden’s legislative victories on climate change, including the passage of the Cut Inflation Act, which included billions of dollars in subsidies for climate change. wind and solar energy and electric vehicles.

LOSSES AND DAMAGES

The two-week UN talks in Egypt follow a year of savage weather disruption around the world as global warming takes its toll – from devastating floods in Pakistan, South Africa and Nigeria, to waves of heat in the Arctic and throughout Europe and to record droughts in the American West and in France.

The talks will likely focus on how these and other countries affected by climate change could be compensated by the wealthy countries believed to be the cause. Other topics will include how international financial institutions such as the World Bank could be reformed to accelerate the transition away from fossil fuels.

The issue of mobilizing new finance to offset climate-induced destruction is contentious, with wealthy countries, including the United States and members of the European Union, having opposed previous proposals for a fund” loss and damage” due to concerns about their liabilities.

US special envoy on climate change John Kerry said last week that the US supports serious dialogue on the subject at COP27, but said the issue was tricky given upcoming congressional elections. that could swing the legislature toward Republican control.

He also pointed out that the United States is the world’s largest donor of humanitarian aid and will focus on increasing climate adaptation spending.

This message rings hollow for some.

“I don’t want to hear political rhetoric about loss and damage. I don’t want to hear what countries are already doing in terms of disaster relief because it’s not enough,” said Aminath Shauna, climate minister of the Maldives, a chain of low-lying islands in the Indian Ocean facing future flooding with rising sea levels.

The talks were boosted by the election in Brazil on Sunday of left-wing leader Luiz Inacio Lula da Silva, whose team has denounced deforestation while calling for an international summit on the fate of the Amazon.

The talks could also focus on natural gas, given its importance to the host continent. Oil-rich African nations say they have a right to develop their resources, especially as Europe scrambles to find new suppliers to replace Russia.

“African nations will call out the hypocrisy of Europe making gas deals in the name of energy security while telling African nations not to develop their baseload energy resources,” said Lily Odarno, director of the Africa climate program of the Clean Air Task Force.

Egypt’s top climate negotiator, Mohamed Nasr, said the summit’s success would be measured by whether countries deliver a set of agreements that maintain the goal of limiting global warming to 1.5C. , while ensuring that poorer nations are treated fairly and receive the support that richer countries have promised.

“Climate change leaves us no space to breathe,” Nasr said. “Science tells us we’re not on the right track on anything.”

Reporting by Valérie Volcovici; Editing by Richard Valdmanis, Katy Daigle and Janet Lawrence

Our standards: The Thomson Reuters Trust Principles.

Black Press of America Hosts Digital Innovation and Education Conference in St. Thomas

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By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia

The National Newspaper Publishers Association (NNPA) and its 235 African American newspaper and media company owners, employees, sponsors and others plan to converge on the beautiful US Virgin Islands for the NNPA’s annual winter training conference in February.

With the theme “Digital Innovation, Training, and Engagement of America’s Black Press,” publishers and others will partner to further strengthen the 195-year-old black press.

Plus, the always-awaited Education Conference takes place February 1-4 at the brand new Westin Beach Resort at Frenchmen’s Reef, Estate Bakkeroe, St. Thomas.

NNPA’s all-black women’s Board of Directors will be among those welcoming NNPA partners, sponsors and guests.

All customers can enjoy a remarkable and discounted stay by registering immediately on http://www.nnpa-events.com.

President Karen Carter Richards, publisher of the Houston Forward Times, leads the all-female board of directors.

Janis Ware, publisher of the Atlanta Voice, is vice president. Fran Farrer, publisher of The County News in North Carolina, is the second vice president.

Jackie Hampton, publisher of The Mississippi Link, is national secretary, and Cheryl Smith, publisher of the Texas Metro News, is national treasurer of the NNPA.

NNPA President and CEO Dr. Benjamin F. Chavis Jr. will receive the professional association’s Lifetime Achievement Award.

Representatives of longtime NNPA partners General Motors, Reynolds, Pfizer, the Bill & Melinda Gates Foundation and Google News Initiative are also among the guests.

Highly valued NNPA sponsors invited to attend include AARP, Wells Fargo, AmeriHealth Caritas, American Petroleum Institute, Comcast NBC Universal, In Our Own Voice – National Black Women’s Reproductive Agenda, Compassion & Choices Action Network and the NNPA Fund.

For more information and to register, visit http://www.nnpa-events.com.



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‘Leading the Way’: Campaign Raising $15 Million for Business Scholarships

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“This is an Alberta initiative with an Alberta solution,” said Jay Westman, president and CEO of homebuilder Jayman Built.

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A campaign to raise $15 million for construction scholarships plans to help Alberta meet a demand for skilled labour.

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Jay Westman, president and CEO of homebuilder Jayman Built, announced the Southern Alberta Institute of Technology (SAIT) fundraising effort Oct. 18. It aims to support students pursuing careers in construction by doubling the $7 million already raised by industry partners.

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Westman, who has donated $2 million to the cause, said a shortage of skilled labor was extending construction times and threatening the affordability of homes in the province.

“This is an Alberta initiative with an Alberta solution,” he said in a press release issued by SAIT and its sister polytechnic, the Northern Alberta Institute of Technology (NAIT). “I have chosen to lead by example and lead this investment campaign to have a noticeable impact by overcoming student financial concerns, while building much-needed building capacity in our industry across Alberta.

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Demand for housing and workers

According to a March forecast from Buildforce Canada, an industry group that tracks labor trends, Alberta’s construction market has contracted after peaking in 2014, and many workers have left the industry or sought work outside the province before the onset of the COVID-19 pandemic in 2020 made matters worse.

While the market showed signs of recovery in 2021 with investment in the residential sector, the forecast is for “modest growth” in the field with the addition of 2,400 workers by 2027.

However, nearly 22,650 workers (12% of the labor force) are expected to retire over the same period, and to meet demand, the industry will need to recruit and train nearly 27,700 additional people, according to forecasts. .

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  1. Minister of Higher Education Demetrios Nicolaides on Tuesday, February 15, 2022.

    Alberta invests $5 million in Indigenous post-secondary learning

  2. Alberta Premier Danielle Smith speaks to the media outside Governor's Residence following the swearing-in of her new ministers, in Edmonton on Monday, October 24, 2022.

    Major Labor Laws Will Go to Smith’s New Alberta Employment Department: Premier’s Office

The fundraising campaign, which feeds into the BILD Alberta scholarships for construction careers, will support students seeking training and employment in a number of related fields, such as carpentry, plumbing, masonry , cabinetry and roofing, said NAIT and SAIT.

Scott Fash, executive director of Building Industry and Land Development Alberta, said there are skill shortages in all construction trades.

“It’s going to have a huge impact on housing affordability if we don’t keep building,” Fash said, adding that amid signs of a recession and headwinds caused by rising interest rates, Edmonton and Calgary need more housing. “And with that, there will be a demand for a lot of people to help build those houses.”

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‘Opening the way’

The City of Edmonton’s mid-year economic update for 2022 predicts soaring construction prices and rising interest rates will dampen housing starts.

Supply-side constraints, inflationary pressures and labor issues have raised the cost of constructing residential and non-residential buildings in the Edmonton census metropolitan area, according to the report.

NAIT President and CEO Laura Jo Gunter said the fundraising campaign will “pave the way” for more job training enrollment that will help meet labor demand in Alberta.

Polytechnics estimate tuition for four-year apprenticeship and diploma programs at more than $5,000, and the campaign could fund about 3,000 awards for homebuilding apprentices and pre-employment students.

“Supporting student scholarships not only removes their financial barriers, but also gives them the help and encouragement they need to succeed and make a real difference in their chosen field,” Gunter said.

— With files from Postmedia

[email protected]

@hamdiissawi

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Tampa voters will decide one of Florida’s most competitive Senate races

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A political newcomer with a legendary military career is vying to unseat an incumbent Tampa Bay Democrat with deep ties to the region in one of the most competitive Senate races in the state.

A steady stream of attack announcements flooded the airwaves and mailboxes during the closely watched contest between State Sen. Janet Cruz, D-Tampa and Republican Jay Collins in the weeks leading up to the Nov. 8 election. .

Cruz was first elected to the Senate in 2018 after spending eight years in the House, where she served as Minority Leader. Cruz, who was born in Tampa, defeated incumbent Republican Dana Young in a controversial 2018 contest that was also one of the Senate’s flagship races.

Collins, who served in the US Army Special Forces, has an extensive military resume that includes multiple deployments to war-torn regions like Iraq and Afghanistan. The Purple Heart veteran was wounded multiple times in battle, an injury later requiring the amputation of one of his legs.

Both candidates have unique factors working in their favor, according to William March, a longtime political journalist who is now a freelancer for outlets such as WUSF and the Tampa Bay Times.

“Her advantages (from Cruz) are that she’s very established and well-known locally. Plus, she’s a starter,” March told the News Service of Florida in a recent interview.

March also noted that the Senate district includes West Tampa, a “heavily Hispanic and generally Democratic voting area,” which he called an advantage for Cruz.

Collins, meanwhile, has “a very strong personal story, which he makes extensive use of in his campaign,” said March, who lives in Tampa.

Collins is the director of programs for Operation BBQ Relief, a non-profit organization that delivers food to first responders and communities affected by natural disasters.

Senate candidates are divided on issues such as education and their positions on Governor Ron DeSantis’ leadership style.

“My biggest issue, which has been and will continue to be, is protecting (against) the privatization of private schools,” Cruz said in an interview with the News Service. “To secure against this initiative to dismantle public schools as we know them and (open) the door to corporate schools so that private entities can take advantage of them.”

Collins, meanwhile, said he has a “right-sized approach” to education.

“We all deserve the opportunity to have the best education possible,” Collins told the News Service, adding that he has two children in public schools. “I’m invested in making sure all kids have that bridge forward, whatever it is. Whether it’s going to trade schools after high school, college, (getting a) master’s degree. Everyone needs to take the right approach for them.

The Republican received a high-profile endorsement from DeSantis, which accompanied Collins’ announcement in June that he was entering the race for Senate District 14. Collins had originally asked to run for Congress in the area and then moved on to another race for Congress before finally deciding to face Cruz.

Collins hailed DeSantis’ leadership during the coronavirus pandemic as exemplifying how the governor leads.

“If you look at what we’ve done (in Florida), the tough decisions we’ve made during COVID, to open up our state, to keep our economy open and to keep business going, I think we’ve done an incredible job. . I think (DeSantis) is strong, he’s brave and he has the audacity to do what he believes is fundamentally right for our state,” Collins said.

But Cruz criticized the governor, who lobbied to elect his favorite candidates to the Legislative Assembly, and suggested he had too much control over a separate branch of government.

“When you have a governor who puts his apostles in the House and … in the Senate, so he can run both houses with enough votes, then we lose our democracy as we know it,” Cruz said.

Cruz also derided DeSantis’ alleged White House ambitions.

“We’re going to have to pick up the pieces of this when this is over and our governor runs for president,” Cruz said.

The once-a-decade redistricting process in the Legislative Assembly hasn’t brought big changes to the political makeup of what Cruz – who beat Young by 411 votes four years ago – called a ‘purple’ seat .

While the district is Democratic-leaning, the Senate race is a barn burner as the clock ticks toward the general election, according to veteran political analyst Susan MacManus.

“The district, right now, is considered by many with disabilities to be one of the most competitive Senate districts, and there aren’t many of those in the state,” said Susan MacManus, professor of retired political scientist at the University of South Florida, said in a recent interview.

MacManus said Republicans are likely counting on the GOP’s traditionally higher turnout in the midterm elections to swing the Senate seat.

“For (Collins), even though he may be an outsider, I think part of Republican thinking is, typical midterms being a judgment on the president’s favor and his performance in office, that with (Joe) Biden still heavily underwater in Florida, that would give (Collins) a chance,” she said.

MacManus, however, suggested that Cruz still holds an advantage.

“Overall, she’s expected to win because she’s a starter and it’s a heavily urban area. The upset picture is that (Collins is) a new face and a veteran , and the president’s low approval ratings propelled him to victory,” MacManus said.

March, meanwhile, said Collins “definitely has a chance, there’s no doubt he has a chance.”

Cruz touted her record in the Legislative Assembly and her advocacy for the Tampa area as making her the best candidate for the district.

“One of their ads mentions that I was inefficient and didn’t pass bills, which is not true. I passed several bills while I was in the Senate,” said Cruz.

Collins presents himself as a new face in politics and a family-oriented candidate who seeks to unite people.

“I think you see our support structure growing, because people are ready for leadership that is focused on people, giving back to them, not politics. I am not a career politician. I am a retired Green Beret. I feed people in an association. I am husband and father. And that’s what people want in those seats,” he said.

Jamaican national convicted of stealing money from American seniors through Jamaica-based lottery scam | Takeover bid

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A Jamaican national was sentenced today to three years in prison for conspiring to organize a Jamaica-based lottery scam that targeted elderly American consumers.

According to court documents, Greg Warren Clarke, 30, of Montego Bay, conspired to operate a fraudulent lottery scheme. From September 2013 or around August 2015 or around August, Clarke worked with co-conspirators, including Claude Anthony Shaw, in a fraud scheme in which victims were called and falsely told they had won over $1 million. dollars in a lottery. and had to pay fees or taxes to claim their winnings. The victims were instructed to send their money by wire transfer or mail to Shaw and others. As part of the conspiracy, Clarke and Shaw discussed (by phone and text) plans to receive the money from the victims. Under Clarke’s direction, Shaw received money from the victims by wire transfer and mail. Clarke and Shaw discussed arrangements for victims to send money to other people Shaw was working with. Clarke then instructed Shaw to send the victims’ money to Clarke in Jamaica, usually by wire transfer. Victims who sent money to Clarke and his co-conspirators never received lottery winnings. Clarke pleaded guilty to conspiracy to commit mail and wire fraud for his role in the Aug. 19 scam.

Shaw previously pleaded guilty to mail fraud in U.S. District Court in Fort Lauderdale. In June 2017, he was sentenced to three years in prison.

“Today’s sentencing demonstrates the Department of Justice’s commitment to combating foreign-based lottery fraud schemes targeting U.S. consumers,” said Senior Assistant Deputy Attorney General Brian M. Boynton, head of the civil division of the Department of Justice. “Perpetrators of these schemes will be prosecuted regardless of where they live and operate.”

“The Postal Inspection Service will continue to actively investigate Jamaica-based fraudulent lottery schemes aimed at defrauding victims in the United States,” said Acting Inspector-in-Charge Juan A. Vargas of the Division of Miami from the United States Postal Inspection Service. “We will not allow the fraudsters responsible for these Jamaican lottery scams to use US mail to commit their crime.”

The Department of Justice’s Office of International Affairs worked with law enforcement partners in Jamaica to secure Clarke’s arrest and extradition.

The United States Postal Inspection Service investigated the matter.

Lead prosecutor Arturo DeCastro of the Civil Division’s Consumer Protection Branch prosecuted the case.

The ministry’s wide-ranging and extensive efforts to combat senior fraud are aimed at halting the widespread losses that seniors suffer from fraud schemes. However, the best method of prevention is to share information about the different types of fraudulent schemes with relatives, friends, neighbors and other seniors who can use this information to protect themselves.

If you or someone you know is aged 60 or over and has been the victim of financial fraud, you can get help from the National Senior Fraud Hotline: 1- 833-FRAUD-11 (1-833-372-8311). This Department of Justice hotline, operated by the Office for Victims of Crime, is staffed by experienced professionals who provide personalized support to callers by assessing the victim’s needs and identifying appropriate next steps. Case managers will identify appropriate reporting agencies, provide information to callers to help them report, connect callers directly with appropriate agencies, and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who are committing fraud, and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering the losses. The hotline is open Monday through Friday from 10 a.m. to 6 p.m. ET. English, Spanish and other languages ​​are available.

Additional information about the Consumer Protection Branch and its enforcement efforts can be found at www.justice.gov/civil/consumer-protection-branch. Information about the Justice Department’s Elder Fraud Initiative is available at www.justice.gov/elderjustice.

The biotechnology sector is booming, generating an economic impact of nearly $3 trillion

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Job growth up 11% since 2018 – according to new data from the Biotechnology Innovation Organization (BIO) and the Council of State Bioscience Associations (CSBA)

WASHINGTON, October 28, 2022 /PRNewswire/ — The Biotechnology Innovation Organization (BIO) and the Council of State Bioscience Associations (CSBA) today released new data on the bioscience industry in United States.

The new report The U.S. Bioscience Industry: Fostering Innovation and Driving the U.S. Economy, examines the economic performance of the bioscience industry and its footprint across the country and individual states during the COVID-19 pandemic.

Some takeaways:

  • The national bioscience industry employed 2.1 million employees in more than 127,000 U.S. business establishments in 2021.
  • While the overall economy has lost 1.5% of its employment base, the bioscience industry has increased employment by 11% since 2018.
  • In total, the economic impact of the biosciences industry on the US economy amounts to $2.9 trillion in 2021, measured by overall production.
  • Biotech companies – especially small and medium-sized ones – have embarked on a monumental effort to develop vaccines and treatments for COVID-19; 747 new compounds are currently under development.

“These data highlight the vital role that U.S. bioscience companies are playing in creating jobs and driving the economy. The report further demonstrates the industry’s enormous role in managing the COVID pandemic. -19, both in terms of delivering life-saving therapies and vaccines to patients, as well as economic recovery,” said Pete PelleritoBIO’s senior policy advisor for federal and state economic development and technology transfer initiatives.

“Even during the pandemic, employment in biosciences has increased while other industrial sectors have collapsed. Going forward, the industry will continue to play a vital role, not only in meeting global challenges in health, but also to help grow the U.S. economy by generating high-quality jobs,” said Ryan HelwigPrincipal and Project Director at TEConomy Partners.

The State-by-State Industry Assessment is the tenth in a biennial series, developed in partnership by TEconomy Partners and organicand studies the state of the US bioscience industry and its associated innovation ecosystem at the national, state, and metropolitan levels.

The report includes individual fact sheets for the 50 states, District of Colombia and Porto Ricowhich can be viewed with the full report and interactive map at www.bio.org/jobs.

About BIO

BIO is the world’s largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across United States and in more than 30 other countries. BIO members are involved in the research and development of innovative biotechnology products in the fields of health, agriculture, industry and the environment. BIO also produces the Organic International Conventionthe world’s largest gathering of the biotechnology industry, as well as meetings of leading investors and partners held around the world. Have a good organic day is the only daily newsletter at the intersection of biotechnology, politics and politics. Subscribe here.

About TEConomy

TEConomy Partners, LLC is a global leader in research, analysis and strategy for innovation-driven economic development. Today, we help nations, states, regions, universities and industries plan for their future and turn knowledge into prosperity. Directors of TEConomy Partners include the authors of previous Battelle/BIO State Bioscience Development reports, published since 2004. For more information, please visit www.teconomypartners.com.

1201 New York Avenue, NW l Ste. 1300 liters washington d.c. l 20005 l 202-962-9200
The Web: www.bio.org Blog: www.biotech-now.org Twitter: @IAmBiotech

Contact: Jacky Gomez
202.747.1281

SOURCE Biotechnology Innovation Organization (BIO)

European chemical industry struggles to compete in the face of soaring costs | Company

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For the first time ever, the EU imports more chemicals than it exports, both in volume and value, resulting in a trade deficit of €5.6 billion for the first half of 2022, according to the European Chemical Industry Council (Cefic). The chemical industry, one of the most energy-intensive in Europe, is struggling to compete on the world market with companies from regions where energy prices are more favorable.

“We are approaching the point of no return: if no emergency solution to the price of energy is provided to our sector, we are not far from the breaking point”, declares Marco Mensink, CEO of Cefic. “Hundreds of chemical companies are already in survival mode and we have started to see the first closures. We must act now. Cefic wants the European Commission and Member States to agree on a pan-European plan to limit the impact of energy prices, increase energy supply and encourage reductions in energy consumption.

European companies have been hit hard by the continued reduction in natural gas flows from Russia. The International Energy Agency’s latest quarterly gas market report shows Russian gas supplies to Europe have fallen by 50% since the start of the year, pushing international prices higher. new heights. The IEA expects the market tightening to continue through 2023 and may well get worse.

It may take 2-5 years before the internationalization of gas prices reaches the point where Europe is truly competitive on energy prices

Cefic’s warning comes after BASF, the world’s largest chemicals company by earnings, reported ahead of its official third-quarter results that its net profit would be down significantly from the same period last year at €909 million, compared to €1,253 million in 2021. BASF must absorb €740 million in losses related to its stake in Wintershall Dea, an oil and gas company with shares in the Nord Stream 1 gas pipeline; it lost €1.1 billion when the Nord Stream 2 project was canceled after Russia invaded Ukraine.

But even excluding those losses, quarterly profits were down 28% from 2021, despite an overall quarterly revenue increase of 12% to nearly 22 billion euros. Sales volumes were down compared to 2021, but this was offset by the company’s price increase and some positive currency effects.

BASF attributes the drop in profits to “deteriorating framework conditions” in Europe, which means higher energy and raw material prices. Its answer is to quickly and sustainably reduce costs in the region, especially in Germany. Upon completion at the end of 2024, BASF expects to achieve ongoing savings of €500 million per year in “non-production areas”. The company’s Ludwigshafen site will bear more than half of these savings as the company streamlines operations, service and R&D divisions, as well as its corporate headquarters.

These results are reasonably close to expectations once losses associated with Nord Stream pipelines are discounted, says Sebastian Bray, analyst at Berenberg in London, UK. Natural gas prices are high across Europe and are a problem for all chemical companies, but prices are particularly high in Germany, which was previously heavily dependent on Russian gas. That means BASF is particularly at risk because it runs the world’s largest chemical site in Ludwigshafen, Bray points out. “It may take 2 to 5 years before the internationalization of gas prices reaches the point where Europe will be truly competitive on energy prices,” he adds.

Bray says BASF’s plans to cut costs aren’t surprising, but he’s not overly worried because the company, like many other multinationals, typically has an active cost-savings program underway. The main focus seems to be fixed costs at Ludwigshafen, but he thinks BASF is unlikely to cut R&D spending. “BASF spent 2.2 billion euros on R&D in 2021 and I don’t expect that to drop much. BASF’s CEO is a chemist and aware of the success and importance of R&D for the “business, especially in agrochemicals which is a very important part of BASF’s business. There might be small savings here, but it won’t be a main driver.”

If chemical companies have to stop production because of astronomical energy costs, that is a disaster for Germany. Without chemistry, our country stands still.

Looking more broadly, Bray says he feels no appetite to cut R&D in the sector. “Most companies are focused on expanding their specialty chemical business models, and this sector tends to rely more on R&D.” Instead, businesses are more likely to look for other ways to save money. For example, Bray thinks that the “additional structural measures” announced by BASF likely refer to the reduction of its European production of gas-intensive base chemicals, in particular ammonia. “I believe BASF is considering importing gas-intensive commodity chemicals from outside of Europe for use in processing at its European sites. Since ammonia is a very gas-intensive operation, switching to importing rather than manufacturing it yourself could save money.

While all European companies are grappling with rising energy and material prices, German chemical companies are facing a particularly worrying time. The situation is deteriorating dramatically, confirms the German Chemical Industry Association (VCI). Business expectations are as low as during the financial crisis, but this time with no prospect of rapid improvement. “If chemical companies have to reduce or even stop production due to astronomical energy costs, that is a disaster for Germany,” says Wolfgang Große Entrup, managing director of VCI. “Without chemistry, our country stands still.”

But that’s what’s happening. Some German chemical companies are drastically reducing their production. A recent VCI regional survey showed, for example, in the important chemical area of ​​North Rhine-Westphalia, 34% of companies have reduced production while 13% have moved production abroad and 56% have reduced their investments planned for the coming year. This has resulted in bottlenecks for the supply of important raw materials, with considerable effects on downstream production.

“There are indeed production cuts and, for example, imports of ammonia (from the Middle East) to replace the energy-intensive production of ammonia in Germany and Europe,” confirms Reid Morrison, world leader in consulting in energy at PwC. “All energy-intensive industries based in Europe (chemicals, cement, glass, paper, etc.) are cutting costs as much as possible, while hoping for taxpayers’ money-based relief from high gas prices.”

Natural gas prices are regional. As a result, U.S. producers have a competitive advantage

Energy costs are six to seven times higher in Europe than in the United States, which seriously affects European competitiveness, continues Morrison. “There is no shortage of gas or energy in the United States, while at the same time the United States sells liquefied natural gas (LNG) to Europe at high prices. Global chemical companies in Europe are being hit hard and are focusing on energy efficiency, substitution and the redistribution of production within them to less expensive continents (like the US). The same is happening with chemical companies in the Asia-Pacific region, where energy costs are between US and European levels, but they are also affected by reduced demand from China.

Chemical producers remain globally competitive in the United States, confirms Martha Moore, managing director of economics and statistics at the American Chemistry Council (ACC). This is partly explained by the fact that more than two-thirds of the total energy consumed by the American chemical industry comes from the production of natural gas. “The prospects for abundant and affordable natural gas and natural gas liquids (NGLs) are good, thanks in large part to abundant and affordable domestic supplies,” she says. “Natural gas prices are regional. Therefore, U.S. producers have a competitive advantage when U.S. natural gas and NGL prices are [relatively] down.’

However, the chemical industry is global. The past few months have seen profit warnings from various companies, many of which are headquartered in the United States, and all blame rising energy prices in Europe and falling demand in Europe and South America. North. Eastman, Dow, Chemours, Olin – all expressed concern that global economic conditions were deteriorating faster than expected.

Looking ahead, Morrison predicts that the U.S. chemical industry is likely to attract investment from global players based in Europe, and perhaps also Asia, thanks to relatively low energy costs and aggressive tax incentives. “The European chemical industry will lose ground, especially if there is no political will to increase energy supply from European resources.”

An outdoor lounge is redone by letting consumers in

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As an outdoor customer, have you ever wanted to attend an industry trade show to get a glimpse of all the gear coming out next season? Soon you will be able to. The Big Gear Show (BGS), the exclusive hardgoods only event created in 2020, attempts to reinvent and reinvigorate the outdoor show model by inviting the public next June.

Moving from its former outdoor location in Park City, Utah, to the Convention Center in downtown Denver, Colorado, the June 8-11 show will feature two days of events for industry buyers and outside media. approved, and two days of a “first-of-its-kind consumer festival”, where everyone is invited to get an up-close look at the new equipment coming to market.

The consumer portion will not involve sales, but rather an “educational and experiential opportunity for those looking to learn and try before they buy,” according to the BGS website. Consumer tickets have yet to be released, but show director Kenji Haroutunian said they will go on sale in early 2023.

BGS calls the event “business-to-business-to-consumer”. According to Haroutunian, “Our philosophy has always been to embrace both retailers and consumers, and we believe the time is right to bring our industry to where the people are.”

Haroutunian said when his team developed the show in 2020, they envisioned it taking place in an accessible downtown like downtown Denver. The pandemic necessitated moving it outside and staging it in an open-air format without consumers, but now, with Utah in the background, the show is poised to become what its creators had in mind from the start.

In addition to this move, BGS is also partnering with its sister event, (e)revolution, an e-bike show, to better serve shoppers and consumers reluctant to fill their calendars with multiple events requiring travel.

At last year’s Big Gear Show in Park City, one point was repeated by many attendees: it was well-run and enjoyable, but too few buyers showed up to make it worthwhile for any many sellers. It wasn’t quite an unexpected challenge. During the pandemic, outdoor gear manufacturers and wholesale buyers have learned how to do business remotely, sign deals and create new partnerships without the hassle, time and money spent attending trade shows.

Despite the new way of doing business, however, the shows are still relevant for in-person camaraderie and an outdoor celebration of culture, according to Haroutunian. By inviting consumers to BGS, he hopes to inject value back into a decidedly old-school event.

“So many purchases have gone digital, and brands have added studios and other measures to showcase their products to remote shoppers,” Haroutunian said. “Having said that, there’s no substitute for face-to-face interaction, especially in an industry as closely related as the outdoors. We don’t want to lose that, and by inviting consumers to experience these interactions, we’re now adding a new dynamic for everyone. »

Moving the show to Denver will also make it accessible to a wider audience. The Denver metro area is home to nearly three million people and has one of the most active outdoor populations in the country. The new show will be especially impactful after Outdoor Retailer moves from Denver to its original home in Salt Lake City next year.

“The outdoor industry is a big part of our thriving economy, creating well-paying jobs, supporting our small businesses across the state, and connecting people to our world-class outdoor activities,” the governor said. of Colorado, Jared Polis, after the news broke. “As a businessperson, I am thrilled with the opportunity the Big Gear Show presents for our entrepreneurs and for our state.”

As for attendance, Haroutunian is optimistic. June is a prime buying window for retailers. For this reason alone, more buyers are expected at BGS 2023 than during the staging in late August last year, when many seasonal orders have already been placed.

“We recognize that early June is a busy time for the industry,” Haroutunian said. “But we think there’s no better time than June to come together and kick off the summer leisure season.”

Farm Hands on the Potomac: Chavern was tapped to lead the Consumer Brands Association; Schneider joins FGS Global

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David Chavern, Consumer Brands Association

The Consumer Brands Association has operated David Chavern to serve as the organization’s new president and chief executive officer beginning Jan. 3. Chavern most recently served as President and CEO of News Media Alliance.

Jacqlyn Schneider is a new partner in FGS Global’s agribusiness practice. Schneider previously worked on the Senate Ag Committee for President Debbie Stabenow, D-Mich., where she served as assistant director of personnel. She has 16 years of experience on Capitol Hill and also worked for the Biotechnology Industry Organization.

The National Chicken Council has promotedDavid Elrodto the Director of Government Affairs. After interning at NCC from 2017, Elrod was hired as a government affairs associate and later promoted to director.

The Idaho Potato Commission has promoted Travis Blacker to the Vice President of Industry Relations and Research and Ross Johnson as Vice President of Retail and International. The committee also added sam eaton as the new vice president of legal and governmental affairs. Eaton previously worked for the Idaho government. brad little where he was director of policy and advice.

Chris Krepich was hired as GOP press secretary for the House Energy and Commerce Committee. representing Cathy McMorrisRodgers, R-Wash., is the ranking member of the committee. Krepich was previously Director of Communications at Nahigian Strategies.

Nick Montoni is a member of the professional staff of the House Appropriations Committee for Rep. Rosa DeLauro, D-Conn. Montoni previously worked at Third Way as a senior innovation policy advisor for climate and energy.

Zaire Carter now working on Sen. Cory Booker, DN.J., staff as staff assistant. Carter is a recent graduate of Muhlenberg College and recently worked on New York Democratic Rep. Caroline Maloneycountryside.

Iman Abdul Qadir is the new staff assistant to Rep. Barbara Lee, D-California. She previously interned for Sen. Alex PadilleD-Calif., and graduated from the University of California, Berkeley.

Elisabeth Saint Onge is the new press secretary for Rep. Shontel Brown, D-Ohio. St. Onge previously worked at the World Resources Institute as the Energy Program Communications Coordinator.

steven solomondirectorJacqlyn Schneider.jpegJacqlyn Schneider, FGS Globalector of the Food and Drug Administration’s Center for Veterinary Medicine, plans to retire at the end of this year after 32 years at the agency. Solomon joined the agency as a veterinarian in the oversight and compliance division, then moved to the Office of Regulatory Affairs, where he rose through the ranks to become associate deputy commissioner for regulatory affairs in 2013. Administrator from the FDA Robert Calif appointed him director of CVM in 2017.

After 25 years with the Nebraska Cattlemen, Pete McClymont announced his retirement. McClymont has served as executive vice president since 2013 and will remain until a replacement is hired.

Cynthia Rosenzweig received the 2022 World Food Prize for his contributions to understanding and predicting the impacts of the interaction between climate and food systems. Rosenzweig is a senior researcher and head of the Climate Impacts Group at NASA’s Goddard Institute for Space Studies.

Western Growers has selected its seventh class of future volunteer leaders. Class members will be invited to attend all regular Western Growers board meetings over the next two years, as well as self-directed farm tours. The class includes Celeste AlonzoJunior-Enterprises; Jose CovarrubiasWholesum Farms; Kristal Del BosqueDel Bosque Farms; Briana GiampaoliLive Oak Farms; Shay MyersOwyhee Produce; Garrett NishimoriSan Miguel Produce; Nisha NoroianNish Noroian Farms, Hye Farms; Sal ParraCoyula Farms; spencer quinnQuinn Co.; Anthony ReadeBetteravia Farms; Byron Talley, Talley Farms; and Mitchell YerxaRiver Vista Farms.

For more news, visit www.agri-pulse.com.

Brown promotes Oregon products on trade mission | News Radio 1190 KEX

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Brown promotes Oregon products on trade mission |  News Radio 1190 KEX

Governor Kate Brown today wrapped up her Asia trade mission after several days of productive meetings in Japan, focused on expanding Oregon’s semiconductor industry, agricultural imports and other business opportunities. and tourist. The governor was joined by Oregon leaders representing agriculture, tourism, higher education, apparel, technology and manufacturing. Prior to her stay in Japan, the Governor and the trade delegation spent several days in South Korea.

“Oregon and Japan have a long-standing friendship, and as Japan fully reopens to commerce, tourism and business, it’s critical that we rekindle and strengthen our business relationship here,” Governor Brown said. “There are incredible opportunities, especially in our semiconductor and agricultural sectors, to attract investment, trade and tourism from Japan.”

Japan is Oregon’s sixth-largest export market, with Oregon’s exports to Japan totaling $1.6 billion in 2021. More than 150 Japanese companies have operations in Oregon. While in Tokyo, Governor Brown met with US Ambassador Rahm Emanuel. At a Foreign Investment Roundtable, Governor Brown discussed investments in Oregon’s semiconductor industry with representatives from Nikon, AGC Inc., Fujitsu, Fujibo Holdings, Gigaphoton, Showa Denko, Kioxia , Lasertec, the Semiconductor Equipment Association of Japan and the Japan External Trade Association. .

The Governor also met with executives from Hitachi, which opened a nanotechnology innovation center in Hillsboro in September, and Yamato Transport, which provides transportation options to Japanese and Asian companies in the Pacific Northwest. The Governor and representatives from the University of Oregon also met with leaders from Waseda University, as well as Waseda exchange students from Oregon and Japan.

In Oregon’s sister state, Toyama Prefecture, Governor Brown met with Toyama Governor Hachiro Nitta. Along with representatives from the Oregon Department of Agriculture and Business, the Governor also met with President Shotaro Tomita of Hokusei Products, which imports a number of products from Oregon to Japan, including fruit purees from Oregon Fruit Products in Salem. She visited the manufacturing facilities of Nousaku Corporation and Kitamura Machinery, as well as the Toyama Industrial Technology Research and Development Center. The governor also led a women’s leadership roundtable with Toyama Vice Governor Mika Yokota and women leaders from Oregon and Toyama. The delegation also toured the facilities of Sugino, a Toyama-based company that has partnered with the Oregon Manufacturing Innovation Center in Scappoose.

Governor Brown promoted tourism, wine and beer in Oregon with representatives from the Oregon Wine Board and Travel Oregon. She participated in a press conference at PDX Taproom, a Tokyo company that exclusively sells Oregon craft beer, with Travel Oregon CEO Todd Davidson and Japanese media to discuss tourism opportunities in the Oregon. She also visited Kagurazaka Rouge, a Tokyo wine bar that sells Pacific Northwest wines, with Oregon Wine Board President and CEO Tom Danowski.

Source: Oregon Governor’s Office

Rubio’s Statement on USTR’s Denial of Section 301 Petition Request – Press Releases

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Rubio’s statement on USTR’s denial of Section 301 petition request – Press releases – Florida U.S. Senator Marco Rubio



















Last month, US Senator Marco Rubio (R-FL) and US Representative Al Lawson (D-FL) LEDs Bipartisan members of the Florida congressional delegation are calling on U.S. Trade Representative (USTR) Katherine Tai to initiate a Section 301 investigation into fruit and vegetable imports from Mexico and obtain a trade relief for Florida growers.

Ambassador Tai denies request for Section 301 investigation, but pledges to work with Florida delegation to develop solutions to hold Mexico accountable for its unfair trade practices . The USTR invoked a section of the law to form an industry advisory group, which exists to address export targeting programs. This action is an acknowledgment by the USTR that the main contention of the Florida delegation is accurate and that Mexico is leveraging government subsidies and policies to conduct an export targeting program to undermine Florida producers.

  • “It is unfortunate that Ambassador Tai has declined the Florida bipartisan delegation’s request to initiate a Section 301 investigation, especially since she agrees with our assessment that the Mexico’s export targeting program poses a serious challenge to Florida’s seasonal and perishable fruit and vegetable industries. However, I am pleased that Ambassador Tai has committed to working with us to develop effective trade remedies that will hold Mexico to account. I look forward to working with her and the administration to provide much needed assistance to Florida’s seasonal perishable fruit and vegetable industries. – Senator Rubio


Want more information? Read Rubio’s editorial on Mexican bullying in Washington Examiner.




















Water crisis affecting Sunrise Sewing School

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Alayna Aiken, a teacher at Cape High, said the sewing school she founded in Kenya is experiencing a water crisis and needs to urgently raise $40,000 to drill a well.

Power generation company KenGen was supplying water to the Sunrise Sewing School, but a change in management led the utility giant to cut off all water to anyone outside its compound, said Aiken.

“We had no warning and no time to prepare,” Aiken said. “We are building a public bath for our students.”

Aiken, a family and consumer science teacher, started the school several years ago after visiting the area on a mission trip and meeting members of the impoverished Pokot tribe. Sewing has empowered local women by giving them the opportunity to learn a trade, she said, and the school opened its first boarding class this summer.

“So we have quite a few people who depend on water,” Aiken said. “We have a river a short distance behind our school, but it’s not safe for our girls to go there with the increase in sexual assault. No one pursues justice in this matter, or the police are bribed, and the village elders force the man to pay a cow to the girl’s family only if she expresses what happened.

In addition to water security and safety for students, the well would allow students to garden and gain food security, she said.

“The cost of the well is high because we have to transport large equipment over long distances and drill through heavy rock to reach the aquifer,” Aiken said. “There is also no water supply in the surrounding villages, so we hope to be a source for them.”

The other problem with the river, Aiken said, is that it contains gold and investors regularly come to destroy it in search of silver.

“So our current source is about to get heavily polluted,” she said.

Aiken’s friend Alyssa Titus organized a Go Fund Me fundraiser to benefit the Kenya Gather Foundation, an organization Aiken set up to run the Sunrise Sewing School. Donate to bit.ly/3ySUwyy.

To learn more about Sunrise Sewing School and the Kenya Gather Foundation, visit kenyagather.org.

VJ Salomone Consumer Lines donates €38,000 of Applaws cat food

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VJ Salomone Consumer Lines Ltd, agents of Applaws Natural Pet Food, recently launched another campaign where €38,000 worth of Applaws Cat Food was donated to various animal sanctuaries and organizations around Malta and Gozo.

This donation, to commemorate National Pet Day, was split between 15 sanctuaries, namely Animal Care, Animal Guardians, Animal Protectors, Carers for Stray and Abandoned Felines (CSAF), Cat Lovers Adoptions Welfare & Support (CLAWS) , Felines Forever Association, Love for Strays, Stray Animal Support Group (SASG), Shiny Paws, Society for the Protection and Care of Animals Gozo (SPCA Gozo), Tomasina Cat Sanctuary and Attard Stray Animal Support Group.

Other recipients included the Department of Animal Welfare, in Malta and Gozo, and the Real Animal Rights Foundation which itself delivered the donations to more than 40 cat feeders.

The town hall of La Marsa was also chosen as the beneficiary. This is part of the company’s corporate social responsibility initiatives towards the locality which embraces the organization as part of its community.

VJ Salomone Consumer Lines Ltd respects these organizations and their excellent work on behalf of animals. Although the donation was a drop in the ocean in terms of the vast resources required daily by these organizations, it still managed to reach approximately 5,000 cats who received a total of 33,120 food packets. .

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International automakers lead Ohio’s future: Jennifer Safavian

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WASHINGTON, DC – Ohio makes more car engines than any other state, driving the future of American manufacturing. But this did not happen by accident. For 40 years, Ohioans and international automakers like Honda have built the backbone of America’s auto industry in Buckeye State. And as we celebrate Manufacturing Month throughout October, this recognition means something different here.

Every year at Autos Drive Americawe publish a Economic Impact Report highlighting the critical impact of international automakers’ operations in the United States. And this year, the data reinforced what we already knew – that the future of auto manufacturing is here in Ohio. International automakers have invested more than $15 billion to ensure cities like Anna, East Liberty and Marysville reap the benefits of modern American manufacturing.

Just this month, Honda announced it will establish a new state-of-the-art electric vehicle battery plant in Fayette County, working with LG Energy Solution to invest more than $3.5 billion and create 2,200 careers — the latest achievement in global automakers’ continued faith in Ohio’s workers and the state’s consolidation as a as the hub of automotive manufacturing for decades to come. Honda also announced that it will invest an additional $700 million to retool several existing auto and powertrain plants for electric vehicle production, which will add an additional 300 new Honda quarries in Ohio.

Investments like these will help keep Ohio workers globally competitive and position the state as a leader in the future of automotive manufacturing. Last year, seven distinct vehicle models produced by Ohioans at international automaker facilities were exported to enthusiastic customers in 42 different countries around the world. Soon, these international markets will also benefit from quality electric vehicles made in Ohio.

Ohio workers provide consumers around the world with access to the latest and most technologically advanced vehicles. In fact, Ohio’s automakers, dealers and international suppliers support nearly 200,000 careers and help Ohioans develop the technical skills to meet the needs of a robust 21st century manufacturing industry. These employees work on every operating line, building engines and transmissions, for a total production of more than 416,000 vehicles, more than 741,000 engines and nearly 600,000 transmissions last year. But they also work in testing labs in Ohio and research and development facilities in Raymond and Columbus, designing, developing and assembling the next generation of smart, clean vehicles.

And these are high quality, well-paying careers. Last year, Ohio’s international automakers and other companies they support paid out $12.5 billion in total employee compensation. This has a significant impact on workers, with careers that support workers and their families. It also benefits Ohio’s economy more broadly, helping to expand manufacturing across the state. International automakers contributed $20.4 billion to Ohio’s gross state product in 2021 and contributed nearly $2 billion in state and local tax revenue. The benefits of international automakers are realized in communities from Dayton to Youngstown.

Jennifer Safavian is the president and CEO of Autos Drive America, the trade association representing international automakers operating in the United States (Photo courtesy of Autos Drive America)

These contributions don’t just represent a financial commitment – ​​they represent a greater investment in the future of the American worker, the American economy, and communities throughout Ohio. Last year’s investments by international automakers in the United States brought their US total to more than $100 billion. With announcements of new assembly lines, new manufacturing facilities, new technologies, and new research and design centers every day, it’s clear that international automakers are leading America’s manufacturing industry.

In October, as we celebrate Manufacturing Month, we celebrate the accomplishments of Ohio’s manufacturing workers. I am proud of the commitment that international automakers have made to Ohio’s economy. America has a strong history in automotive manufacturing – the industry is the model for the rest of the world. Manufacturing workers like those found here in Ohio are the ones behind the wheel, driving the renaissance of manufacturing. The future of the American auto industry is here and now.

Jennifer Safavian is President and CEO of Autos Drive America, the trade association representing international automakers with operations in the United States.

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Difficult tasks await Kenyan leader Ruto’s cabinet to align policies

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By LUKE ANAMI

Kenyan President William Ruto’s administration is taking shape, with nominees to Cabinet embracing his regional agenda.

This week, a special commission of the National Assembly had, on Friday, examined more than half of the candidates. The team of 22 technocrats and politicians will take office once the National Assembly approves their appointment and their official appointment is made by President Ruto. They championed the president’s policies, including facilitating the movement of goods by reducing congestion on key corridors.

Once approved and sworn in, the new Cabinet is expected to address various challenges affecting East Africa’s largest economy.

Some of these challenges include drought which has claimed lives in parts of the country, high cost of living, insecurity and high cost of doing business.

Secondary roles

Trade, energy and infrastructure candidates, who appeared before the 15-member parliamentary committee chaired by National Assembly Speaker Moses Wetang’ula, cited roles likely to spill over Kenya’s borders.

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CS Trade, Investment and Industry candidate Moses Kuria said he would engage other trade ministers from Africa to see the African Growth and Opportunity Act (AGOA) passed. extended by the United States.

The United States will host the meeting of Sub-Saharan Trade Ministers and Senior Officials in December to discuss expanding trade and investment relations and AGOA implementation.

Kenya enjoys substantial duty-free access to the US market through AGOA, a preferential trade program for sub-Saharan African countries, but it expires in September 2025.

Kenya Trade, Investment and Industry CS candidate, Moses Kuria.

Kenya Trade, Investment and Industry CS candidate, Moses Kuria. He said he would engage other trade ministers from Africa to have the Africa Growth and Opportunity Act extended by the United States. PICTURES | DENNIS ONSONGO | NMG

Trade pacts with Africa

Kuria is also expected to lead Kenya’s negotiations with the US government, which is seeking bilateral and multilateral trade pacts with Africa.

Official data shows that exports to the United States jumped 47% to 38.8 billion shillings in the first half of the year thanks to increased clothing sales. Kuria’s immediate focus regionally is to resolve ongoing trade wars with neighboring Uganda over milk, sugar, poultry products, among other issues.

Mr. Kuria accompanied President William Ruto to Uganda and Tanzania where issues of trade barriers were discussed.

“Uganda’s Minister of Commerce told me something profound; that every week Uganda imports a million day-old chicks from Kenya that eventually mature, how can you refuse eggs from your own chicken? ‘” Mr. Kuria asked in a tweet after his recent meeting in Uganda.

The sale of products made in Kenya to Uganda fell slightly to Ksh 36.2 billion ($298 million) during the review period from Ksh 36.3 billion ($299 million) during the same semester last year.

Uganda imports from Kenya

Kampala’s list of imports from Kenya has shrunk over the years as investors set up factories in the country to manufacture products previously imported from Nairobi, including edible oils and cement.

Asked about the export processing zones (EPZ), Kuria said the ministry will set up aggregation centers in each county to help people aggregate their exports, saying it will promote value addition and export.

Regarding the export of Kenyan goods abroad, he said his ministry would increase the number of commercial attachés.

“We will increase commercial attachés all over the world. They will be more than ambassadors,” he said.

The ministry will seek out manufacturers who have left Kenya and give them a plan to support their businesses.

Warehouses in key markets

Regarding the EAC market development plans, Kuria said the ministry will endeavor to set up warehouses in key markets that will sell only Kenyan products, adding that one of them will be in the DRC.

On the issue of rising edible oil prices, he said the ministry will open up the market to enable small businesses and individuals to be able to manufacture and import oil.

Kipchumba Murkomen, a candidate for Cabinet Secretary for Transport and Works, said he would work with various agencies to set up a camera-assisted electronic policing system that will be used to collect fines for code breaches. of the road.

“We are going to deploy the Intelligent Transport System (ITS) so we won’t need the analogue way of handling discipline on our roads,” he said.

It also pledged to strengthen technological infrastructure along border points to reduce truck congestion along the Northern Corridor. He pointed out that congestion along the Malaba border has been caused by poor technological networks used by the Kenya Revenue Authority to clear trucks.

Customs clearance of goods

“Because of the technology used sometimes even the internet is used. We will be able to work with the relevant Ministries of Finance and the Kenya Revenue Authority to ensure that they put in place modern technology for the clearance of goods,” Murkomen said.

“If approved, I will ensure that the Kenya National Highways Authority puts in place the latest technology to ensure that the weighing of goods is expedited.”

For a long time, the Busia and Malaba border posts have been characterized by endless lines of trucks stretching up to 25 km along the Bungoma-Malaba highway, delaying the free movement of goods between Kenya and Uganda. .

Murkomen proposed the construction of a parking space at the border of Busia and Malaba to reduce congestion.

Abuse of Kenyans in the Gulf

Regarding the mistreatment of Kenyans, especially in the Gulf, SC Foreign Affairs candidate Dr Alfred Mutua said that if nominated he would make his first trip to Saudi Arabia to try to address the issue mistreatment of Kenyans seeking work in the Middle East.

He also promised to involve the Directorate of Criminal Investigations (DCI) in investigating the deaths of Kenyans in the Gulf.

“It’s a shame that we lost 85 Kenyans in the last three months, especially in Saudi Arabia. We need to send the message that no Kenyan will die overseas and the government is not doing anything about it,” Dr Mutua said.

Corruption allegations have also been made against some of the candidates.

Davis Chirchir, a former Department of Energy and Petroleum CS, was suspended in early 2015 over allegations related to the printing of 2013 election materials in the infamous Chicken Gate scandal. He was later cleared by the Ethics and Anti-Corruption Commission (EACC).

Restructure the energy sector

Candidate CS told the committee that he plans to restructure Kenya’s power sector from generation, transmission and distribution by working with key players such as KenGen, Kenya Power, Kenya Power Electricity Generating Company and Rural Electrification and Renewable Energy Corporation (REREC) to ensure consumers benefit from competitive rates while using renewable energy sources as opposed to expensive thermal energy.

“We have to make sure that we supply our electricity to the grid at the right cost,” Chirchir said.

Kenya currently has 3,100 MW of installed capacity with renewable energy driven by geothermal, wind, solar and biomass accounting for 81% of the energy produced.

“We need to produce more from geothermal energy where we have more resources. We are told we have up to 10,000 MW,” he added.

President Ruto unveiled his 22 cabinet nominees on September 27, two weeks after he was sworn in.

Only one Cabinet Secretary, Simon Chelugui, Kenya Labor and Social Care CS (and now Ruto’s Cooperative CS candidate), who served under the former administration, was retained in the new formation. Dr. Monica Juma, current CS for energy was retained, but appointed as national security adviser, a new position at the same level as the Cabinet.

The Cabinet candidates selected so far have a net worth of around Ksh 10.02 billion (around $82.5 million), with First Cabinet Secretary-designate Musalia Mudavadi accounting for 40% of that figure.

Sixteen of the 22 CS nominees selected between Monday, October 17 and Friday, October 21 are multi-millionaires, with most attributing their wealth to real estate investing, government pay, stock investing and savings.

The 14th candidate Mithuka Linturi, CS for Agriculture, who was considered on Friday, claims to be worth 1.2 billion shillings.

Tri-State Trillium Foundation, Hidden Haunted Trail, Hidden Oaks LLC. Haunted clown Pernicious raises money for local students

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EAST LIVERPOOL, Ohio (WKBN) — Clowns are known for making kids laugh and smile, but Pernicious The Clown has another goal: to scare the community for a good cause.

Pernicious likes to dress up and scare people. The character is one of many performed by the 30-40 cast of The Hidden Haunted Attraction in East Liverpool on Irish Ridge Road every Friday and Saturday in October.

However, scaring others is nothing new to this clown.

Pernicious held haunted houses in his own house every Halloween. He said the children knew they were going to be scared, but they also knew they were going to get candy.

“I would wrap my whole porch and close it up, you know, it’s a mini haunted house on my porch. You go through my whole front yard, cemetery scene, you name it,” Pernicious said.

As he got older, he knew he wanted to be a charity clown. When Pernicious was in high school in 2017, he signed up to do his first hangout for volunteer hours for the National Honor Society. However, Pernicious said he continued to clown around, so he was never inducted.

“I kept clowning around, so I never got inducted so quickly, I continued because I found fun in it,” Pernicious said.

Pernicious always likes to scare anyway.

So when I pick up a chainsaw or an ax and start chasing them across the parking lot, it adds a whole new level of fear. I’m going to pick up the kids. I’ll tell you, I’ll grab them and run across the field with them. I have no limits,” he said.

Pernicious used to be called Psycho the Clown, but he later decided he wanted to change his name. By definition, pernicious means highly harmful or destructive. Trail walkers can see Pernicious with his axe, mace, and even a chainsaw.

“I get a little crazy at night. I’m calm during the day, but when the sun goes down and the moon is out, Pernicious is ready to play,” he said.

As for the name Psycho, it was passed on to his brother, whom he wanted to carry on the name. Pernicious loves that scaring has become a family tradition.

“He was very upset when I stopped doing the haunted house at my house on Halloween. So when he was old enough to come here, you know, it just added a whole new level of happiness to him,” said the clown.

The nonprofit organization hosting the event, Tri-State Trillium Foundation, is working with Hidden Oaks LLC to raise scholarships for senior graduates.

The Tri-State Trillium Foundation is made up of four board members. The Tri-State Trillium Foundation Scholarship supports graduating seniors in the tri-state area who wish to further their education in any way, be it college, trade school, police academy, etc.

TSTF board member Dawne Bednarek, from East Liverpool, said she was offering the scholarship to give students from the area the financial ability to pursue the career of their choice.

“There aren’t always grants and scholarships for kids who don’t want to go to big universities. So we are trying to help older people within a 20 mile radius of east Liverpool,” Bednarek said.

The scholarship was established in April 2020. The scholarship application can be accessed online. The organization offers two to five $750 scholarships each year to senior graduates, depending on the amount of money raised. The Hidden Haunted Attraction raised $33,775 for senior graduates. The group hopes to continue to spread the message.

Bedenarek has been scaring people for 12 years. The older adults have about 100 combined years of community service, while mentoring the younger actors for the future. Some of the adult actors have participated since they were 14 years old.

“They have community hours. It gives us a chance to really shape teenagers in a positive way, while having fun scaring people,” Bednarek said.

She had some kind words to share about Pernicious.

“He’s also probably our most outgoing character when it comes to interacting with the audience outside of the lair. He comes up front, he goes in the back, he’s all over the place,” Bednarek said.

Pernicious likes to give back to their community through the program.

“You know, every scare is another dollar towards a purse. That’s the way we have to look at it. so as long as we’re doing our job, somebody else benefits. so that’s where it comes from. passion,” Pernicious said.

The hidden haunted attraction takes place every Friday and Saturday night in October from 8-11 p.m. on the 1600 block of Irish Ridge Road in East Liverpool. There’s a haunted trail, mini-golf, live music performed by the Empty Bottles Band (October 29), and food vendors.

More information regarding tickets can be found on their Facebook page. For group pricing on tickets, contact [email protected]

Indiana REALTORS PAC and Indiana Builders Association PAC Endorse State Senator Kyle Walker – Hamilton County Reporter

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Walker

The Indiana REALTORS® Political Action Committee (RPAC) and the Indiana Builders Association (PAC) Political Action Committee have announced their support for State Senator Kyle Walker in his re-election campaign for the district. 31 of the Senate.

PRPAC is the political arm of the Indiana Association of REALTORS®, a 19,000-member statewide trade association whose members are involved in all aspects of selling, buying, exchange and/or rental of real estate in the State.

“Senator Walker works to ensure a robust economy in Indiana and has led efforts to improve quality of life and place in Indiana, all of which are important to a thriving real estate market,” said Mark. Fisher, CEO of the Indiana Association of REALTORS. ®. “His sound, fiscally responsible leadership and focus on economic development will help strengthen our economy and promote thriving communities.

In the Senate, Walker supported the fiscally responsible and balanced state budget (HEA 1001) as well as a $1.1 billion income tax cut for Hoosiers, which – when fully implemented – will be tied to the nation’s lowest income tax rate (HEA 1002). He is also the author of ground-breaking economic development legislation, including a new law to attract sporting, convention, and tourist events to Indiana that generate significant revenue and encourage investment. He also drafted legislation to help local communities leverage private investment to improve infrastructure (WED 166).

The Indiana Builders Association is a statewide trade organization representing Indiana’s construction, renovation, and light commercial construction industry.

“Homebuilders play a vital role in the state’s economy, providing families with the opportunity to realize their dream of homeownership and financial stability. Maintaining affordable housing across the state is more important than ever, as regulatory costs average nearly 25% of the cost of a home,” said Rick Wajda, Chair of the Political Action Committee (PAC ) of the Indiana Builders Association. “We are grateful to Senator Walker for his proven leadership in the Senate and his commitment to the housing industry, and we look forward to working with him in the future as we strive together to ‘Build a Better Indiana’.”

Walker has been endorsed by several other business organizations, including the NFIB Indiana PAC, the Indiana Chamber of Commerce, and the Indy Chamber Business Advocacy Committee (BAC), as well as labor groups such as the Indiana AFL-CIO and the Indiana State Pipe Trades Association.

“Affordable housing is one of Indiana’s key economic advantages that makes our state an attractive place to live, work and raise a family,” Walker said. “I will continue to support policies that lower the cost of living and doing business, streamline regulations, and support a growing economy in Indiana.”

Walker has also been endorsed by the Indiana State Police Alliance, Indiana Fraternal Order of Police, Fishers Fraternal Order of Police Lodge 199, Lawrence Fraternal Order of Police Lodge 159, Indianapolis Fraternal Order of Police Lodge 86, Indiana Fire Chiefs Association, and Indiana Professional CAP firefighters.

The district of Walker encompasses parts of Hamilton and Marion counties, including all fishermen and part of Lawrence. For more information, visit WalkerforIndiana.com.

Taiwan targets local content as trade with Nigeria soars 200% — Business — The Guardian Nigeria News – Nigeria and World News

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Taiwan plans to boost its presence in Nigeria by exploring local solutions as the country’s trade with Nigeria soars 200% to $1 billion.

Taiwan’s Ambassador to Nigeria and Taipei Trade Office Representative Andy Yih-Ping Liu said Taiwanese investors are looking to expand their presence in Nigeria with local factories instead of just focusing on exporting to the country. Nigeria.

The East Asian country, according to Liu, could make Nigeria a hub for steel pipes where it would reach other African markets.

Liu said, “In the past month and a half, we have already had two large delegations from Taiwan to explore investment opportunities. One of them is a big Taiwanese steel pipe company, they want to see if they can set up a factory to make steel pipe for customers in Africa and Europe.

“The second delegation came just two weeks ago, they went to Lagos for a one-on-one business tour with a large number of Nigerian companies who would like to do business. So currently, we would be promoting short-term business and at the same time we would promote long-term investment.

The ambassador said there was a need for the Nigerian government to renew the trade agreement it had with the country in order to create a safer investment climate for Taiwanese companies in Nigeria and Nigerian companies operating in Taiwan.

“Currently, we would like to promote short-term trade and at the same time promote long-term investment, but the most important thing is that the Nigerian government must renew the investment protection agreement with us so that both sides can have a secure investment climate for Nigeria investing in Taiwan and for Taiwan investing in Nigeria,” he said on the sidelines of the Abuja International Trade Fair.

Liu revealed that trade between the country and Nigeria has grown exponentially, with the 2021 figure showing a 200% recovery after the Covid-19 outbreak, showing a positive outlook.

Sesame, groundnuts and petroleum products are shipped to Taiwan from Nigeria, with the country exporting auto parts, hand tools and agricultural machinery, among others.

He noted that the Taiwanese government may renew the $5 million loan facility extended by the Nigerian Export-Import Bank with the Taiwanese Export-Import Bank, adding that the loan has yielded significant results.

Representative of Maxxis, a Taiwanese tire company operating in Nigeria, Mai Liu noted that the current foreign exchange challenges in the country have impacted the organization.

She noted that the devaluation of the naira and the current economic situation affect the purchasing power of consumers.

She urged the federal government to improve the business environment, especially for foreign investors.

Liu said, “We need a lot of help from the government, especially electricity. We need a more stable economy to boost purchasing power, we need investment infrastructure to open up to more foreign investment.

Tracking COVID-19 with dust at Ohio State University

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NORTHAMPTON, MA/ACCESSWIRE/October 18, 2022/ When COVID-19 hit, most of Ohio State University, home to the Buckeyes in the state capital of Columbus, closed. But the Applied Microbiology Services Laboratory (ASML) within its Infectious Diseases Institute (IDI) remained open.

“The Buckeyes are amazing students,” says Seth Faith, who is executive director of the Center of Microbiome Science and strategic alliance manager for the IDI, but who also oversees the lab. “Many of them are hungry and passionate. At least one person working in the lab had family in Wuhan, China, and they hadn’t seen their family in two years. They wanted to be part of solving the problem. this pandemic.”

Over the next two years or so, AMSL employed 88 lab workers at various times, who administered over 850,000 PCR diagnostic tests for COVID-19, with an average turnaround time of 8.75 hours.

Meanwhile, an OSU professor named Karen Dannemiller had been visiting homes and businesses looking for toxic chemicals in the built environment. It was also looking at microorganisms that could cause allergies or otherwise affect human health.

In the fall of 2020, Dannemiller and his team traveled to campus isolation rooms, where students who had tested positive for COVID-19 stayed for seven to 10 days. They entered into a search protocol to see if they could find coronavirus in the built environment. Indeed, through PCR testing, Dannemiller and his team discovered that the highest loads of coronavirus were present in the vacuum bags collected during carpet cleaning in these rooms.

“We can literally walk into any room, any building, any floor and know what it’s all about.” – Seth Faith, Institute of Infectious Diseases

Dust collection

Faith explains that with a respiratory virus, a person exhales particles that will land in the space around them, without necessarily entering the HVAC system: “Biological materials have a charge associated with them and they accumulate. That’s what dust is. The virus gets entangled in it, and we can detect it with lab technology.” He contacted Dannemiller and suggested making his experiment operational. “We optimized his protocol. We made it more responsive. We made it more efficient, more streamlined, and then found a way to help bring the data back.”

Each week, they performed PCR tests to measure the relative rise and fall in virus levels from dust collected from different floors of strategically chosen buildings on campus. But Faith wanted to push the tests a little further. He proposed that they produce the virus sequence information to understand not only the level of viral load, but also the variants present on campus. His genomics team therefore modified his existing COVIDSeq protocol on his NextSeq2000 for environmental samples and produced complete SARS-CoV-2 genomes completely resolved from the dust. And sure enough, when levels of the omicron variant rose in their student population, they found the same pattern emerging in the dust.

“Take a building like a fourteen-story library,” Faith explains. “Where would you expect the virus to be spread? Most people guess at the lobby. That’s not what our data shows. The lobby actually has one of the lowest levels of viral load, and the highest levels are where people spend an extended period of time, and probably unmasked.” They now have a lot of data taken at a time when the university needed masks, and it shows that students who made themselves comfortable and even ate in study areas were more likely to put the virus on. in the environment where the laboratory would detect it.

OSU has given the go-ahead to fund weekly sample collection at strategic sites and lab processing through summer 2023. “This will help us immensely, as all testing of people is voluntary at this stadium. We have this huge data loss. people per day to test 10, so we don’t know the breakdown on campus. This health surveillance fills that gap.

Faith is delighted that the sequence information can be obtained through a targeted but non-invasive method. And since they’re using what’s in the waste stream, it draws a parallel with wastewater monitoring. “Vacuum bags just go in the trash. And now we’ve found a way to take that trash and give people public health data.”

Faith also plans to add flu testing to the scope of her project. In 2021, Dannemiller won an NIH grant to implement coronavirus and flu testing in Columbus elementary schools.

Among their other projects, AMSL recently received a $700,000 grant to continue to sequence wastewater samples from more than 60 wastewater treatment plants and 10 universities in Ohio and submit the data to the national system. wastewater monitoring.

Pictured: OSU student Austin Shamblin with full-time technician and OSU alumnus Noah Kayafas; both co-lead the dust project.

Data for public health and the common good

“With every epidemic, we will need some sort of genomic technology to manage it,” says Faith. “The whole future of pathogen diagnosis is based on sequencing.” He envisions a future where airports or restaurants use dust monitoring to ensure public health safety.

In the meantime, Faith is excited to prepare her students for the future and the opportunities that AMSL provides. “I don’t know of any students with experience operating half-million-dollar instruments or dealing with terabyte-sized datasets.” He plans to focus on helping students learn skills in bioinformatics. “Illumina has made sequencing accessible to everyone. The first step was on the lab side: anyone can create data from a NextSeq. But now we want students to be able to analyze and report large datasets .

“Since OSU was established as an engineering and business school, they’ve had 150 years to figure out how to train people in what used to be the Ohio industry. Both Ford and Honda have a big presence, and our engineering school is doing a really good job of finding opportunities for these students to interact with the automotive industry and solve problems. But now biotechnology is exploding. I feel like that biology is having its engineering moment.

That’s one thing an engineer can’t tell you: if there’s a virus hovering in the Hoover, or the delta variant in the Dyson.

Learn more about Illumina here

Illumina, Tuesday, October 18, 2022, Image from press release

Discover additional media content and other Illumina ESG stories at 3blmedia.com.

Contact information:
Spokesperson: Illumina
Website: https://www.illumina.com/company/about-us/corporate-social-responsibility.html
E-mail: [email protected]

THE SOURCE: Illuminated

Freeman Spogli Named to 2022 Inc. Founder-Friendly Investor List

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LOS ANGELES and NEW YORK, October 17, 2022 /PRNewswire/ — Freeman Spogli & Co. (“Freeman Spogli”) is pleased to announce its recognition by being nominated for the second consecutive year in the annual Inc. Investors who are friends of the founders list, honoring private equity and venture capital firms with a track record of success supporting entrepreneurs.

The 2022 list of Investor Friends of the Founders of Inc. recognizes Freeman Spogli as one of a select group of companies that entrepreneurs partner with and trust because they receive the strategic and financial support they need to drive growth.

“To fully invest in an entrepreneur, and their innovative vision, involves much more than financial investment. By developing relationships with entrepreneurs and supporting them over the long term, these private equity firms are more than investors, they are partners,” says Scott Omelianukeditor of Inc. media.

John Hwangpartner at Freeman Spogli, said: “About half of our investments and partnerships in our recent funds have been made to support founder-owned or founder-led companies. Our team greatly appreciates the trust that these founders and families have placed in us as we partner together to pursue their long-term growth plans for their businesses.”

With offices at Los Angeles and New York, Freeman Spogli is committed to investing alongside the founders and management teams exclusively in ETIs in the consumer and retail sectors. Since its creation in 1983, Freeman Spogli has invested over $5.5 billion across 69 portfolio companies with an aggregate transaction value of more than $27 billion and made more than 145 add-on acquisitions with its portfolio companies.

Chris JohnsonPartner at Freeman Spogli, added, “Our focus and experience with consumer and retail companies provides us with unique insights, perspectives and resources, and we believe our specialization in these areas is one of the key differentiators. of our business. Additionally, we take a long-term approach to the time and investment required to create value, while being sensitive to the unique cultures that underpin these organizations.”

Some examples of investments in platforms where Freeman Spogli has partnered with founders include Near U (provider of essential household services including HVAC, plumbing and electrical services), EverVet (operates a leading network of general practice veterinary hospitals), WhiteWater Express (express washing multi-state operator), Brooklyn (#1 direct-to-consumer brand in the home essentials category), USME (leader in value-added distribution and rental and associated services of critical mobile medical equipment), Easy Ice (national leader in full-service ice machine subscriptions), Kamps pallets (national provider of pallet management services), HRC Health (patient-centered operator of urgent care centers), City BBQ (fast casual restaurant company focused on authentic “smoker-to-table” barbecue), Arhaus (omnichannel lifestyle distributor of exclusive designer furniture), Floor and decor (leader in the omnichannel distribution of hard floors), Basic Physical Condition PF (first franchisee of Planet Fitness fitness clubs), Osprey (iconic active lifestyle brand and world leader in technical packs), Paradise (operator of convenience stores at the airport), boot barn (leading omnichannel retailer of workwear and workwear) and Advanced auto parts (specialized distributor of automotive parts and accessories).

The Freeman Spogli team is supported by a network of strategic operating partners with extensive networks and industry and domain expertise relevant to our market segment.

The October 2022 issue of Inc. magazine is now available online at https://www.inc.com/magazine and at newsstands.

About Inc.

The World’s Most Trusted Business Media Brand, Inc. gives entrepreneurs the knowledge, tools, connections and community they need to build great businesses. Its award-winning cross-platform content reaches over 50 million people every month across a variety of channels, including websites, newsletters, social media, podcasts and print. Its prestigious Inc. 5000 list, produced annually since 1982, analyzes company data to recognize the fastest growing private companies in United States. The global recognition that comes with inclusion in the 5000 gives founders of top companies the opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information visit www.inc.com.

About Freeman Spogli

Freeman Spogli & Co. is a private equity firm dedicated exclusively to investing in and partnering with the management of consumer and retail companies in United States. Since its creation in 1983, Freeman Spogli has invested over $5.5 billion across 69 portfolio companies with an aggregate transaction value of more than $27 billion and made more than 145 add-on acquisitions with its portfolio companies. Freeman Spogli currently invests with FS Equity Partners VIII, LP and has offices in Los Angeles and New York. For more information, please visit www.freemanspogli.com.

SOURCEFreeman Spogli & Co.

ACRA Announces 2 New Board Members – Rental Operations

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Both seasoned car rental professionals, Bazan is currently developing a startup and Rothman recently joined Empire Mobility as CEO.

Photo: ACRA/Canva


The American Car Rental Association (ACRA) has announced two board members. Carlos Bazan and Eric Rothman begin their terms immediately.

Carlos A. Bazan

Bazan is a seasoned businessman with over 25 years of experience managing startups and blue chip companies. He has worked primarily in the media, oil and gas, retail and transportation industries. Bazan has extensive experience operating peer-to-peer and direct independent car rental companies, including neighborhoods and airport facilities.

Bazan has managed rental car companies in the San Diego, Los Angeles, Phoenix, Las Vegas, Reno/Tahoe, San Jose and Honolulu markets. Its primary focus is high-level management, legal compliance, risk and decision-making, and operations. Today, Bazan is working to grow a car rental startup in Los Angeles under the joint SAVVA Rent a Car / Routes Car Rental brands.

In the political arena, Bazan has been active in lobbying in the United States, Mexico, and the European Union (Belgium), and has been featured in the media in the United States, Mexico, Colombia, and Spain. . He has also been a member of the American Car Rental Association since 2018, California Ambassador and member of the Legal and Legislative Committee since early 2019.

Eric Rotman

Eric Rothman is currently CEO of Empire Mobility (formerly Empire Rent A Car), specializing in the rental of vans and trucks primarily to commercial and corporate accounts in the Northeast. He recently left Fast Track Mobility, LLC, a TNC car rental and fleet management company in New York City, where he served as Founder, Chairman and CEO and member of the Board of Directors from July 2014 to December 2021.

Rothman previously served on the ACRA Board of Directors and has continuously served on its Mobility Task Force as well as its Legal and Legislative Committee since 2017. He served as President and Executive Director of the Driver Opportunity Services Association from September 2018 to December 2021, a commercial group of rental vehicle companies in NYC. In addition to those roles, Rothman served on the Sands Point Community Synagogue board and finance committee from 2013-2021, and is the owner and board member of the Guaynabo Mets, a basketball team. professional ball in Puerto Rico.

Rothman has over 25 years of investment and management experience. After federal clerkship at the US Court of International Trade, he began his career as a corporate finance and bankruptcy attorney at Arnold & Porter Kaye Scholer LLP. From 1999 to 2004, he was senior vice president, global head of structured products for Assured Guaranty Corp., a monoline insurance and reinsurance company. After Assured Guaranty, he was a managing director at UBS Securities, LLC from 2004 to 2007, where he led the synthetic strategies group within fixed income. In 2008, he became President and Chief Investment Officer of The Zeus Organization, LLC from 2008 to 2014, a distressed debt buyer and practice group.

Rothman received a Bachelor of Arts in Economics from the University of Michigan and a Juris Doctorate, with honors, from the Benjamin N. Cardozo School of Law.

The main construction trends for 2022

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On the first day of the NECA convention and trade show, Andy Lambert, Product Manager for One-Key Technology & Construction at Milwaukee Tool, spoke to an audience of contractors about the biggest challenges facing the electrical industry this year. and beyond – and what trends are likely to occur in the face of these challenges.

First, Lambert gave a historical overview of the various industrial revolutions that changed the way the world works, builds and communicates. For example, the second industrial revolution brought about electrification, which marked the beginning of the electrical industry as we know it today. He compares this to the recent passage of the Infrastructure Investment and Jobs Act, which will allow trades to build the next generation of infrastructure. “It’s no different than what happened in the second industrial revolution, when we started building infrastructure for electrification.”

Next, Lambert discusses the biggest challenges facing the electrical industry in 2022, which the industry must address. These challenges are environmental sustainability, labor shortages, rising material costs, and supply chain issues. Lambert then highlights emerging trends that will help address these challenges.

Sustainable practices on construction sites. The electrical industry is ripe to see progress in terms of green cities, materials, renovation and systems, as well as an increase in LEED certifications for buildings.

Address labor shortages. Lambert points to solutions such as inventory management software, connected power tools to increase repeatability/accuracy on the jobsite, commercialization of construction to make it more attractive to a diverse workforce (including including women and minorities) and updating recruitment channels.

Rising material costs. Several trends are set to tackle this problem, including inventory management software, 3D building information modeling (BIM), offsite and modular construction, wireless tool/equipment tracking, and integrations software and cloud-based data. Lambert also predicts that more contractors will implement lean construction principles to help offset material costs.

Technological advances. Improvements in artificial intelligence will help ease strains on the supply chain and on the workforce. Technologies like the exoskeletons that contractors wear can help reduce worker overhead and industries, keeping the current workforce healthier and more productive.

The new frontier of construction sites. Cordless tools and connected jobsite tools (eg, inventory and crew management, tool tracking, and data integration) will help make the jobsite more productive.

In summary, Lambert says construction trends in 2022 will address large-scale, industry-wide challenges. Technology will play an important role in solving these long-term problems, along with proactive solutions and connected worksites.

Teachers’ union calls for resignation of education minister after school raids

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An Iranian teachers’ union has called for the resignation of Islamic Republic Education Minister Yousef Nouri amid the arrests and murders of scores of students across the country.

Condemning the violence in a statement issued on Sunday, the Coordinating Council of Iranian Teachers’ Professional Associations, the body that has organized numerous nationwide protest rallies and strikes in recent years, described the minister as an “incompetent and good-for-nothing element”. .”

“Unfortunately, last week, we witnessed the brutal attack by security forces and in civilian clothes on educational centers in various cities of the country, including schools in Kordestan province, Gohardasht and Mehrshahr near the capital Tehran. , Orumiyeh (Urmia) and Ardabil in northwestern Iran and the city of Rasht in the north of the country,” the statement said. “Creating terror, security forces arrested several students and transferred them to unknown locations,” he added.

The latest case is the attack on a school in Ardabil, where school officials tried to force students to sing the propaganda song “Hello Commander” in praise of Iranian leader Ali Khamenei, but when some students refused, government agents showed up, beating and assaulting the girls. A student, identified as Asra Panahi, is believed to have died of her injuries in hospital while another is in critical condition.

On Saturday, radical news agencies released a video of an interview with Asra Panahi’s uncle in which he said she died of congenital heart disease.

Amid nationwide protests that have even mobilized Iranian high school students, the authorities of the Islamic Republic are removal of supreme leader photos classrooms lest students damage the portraits.

From reindeer tourism to accessible fishing, Alaskan entrepreneurs are pioneering new ideas in the Shark Tank

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Last week I had a booth at a trade show in Sitka.

The Alaska Travel Industry Association’s end-of-season get-together offers insiders a look at some of the new travel options in the state.

There is an event called “Shark Tank”, based on the popular TV show. Here, travel and tourism business leaders examine new ideas from Alaskan entrepreneurs.

Ryne Olson from Chena Outdoor Collective in Fairbanks wants to develop what it calls “reindeer tourism”.

“Reindeer have a unique history in Alaska,” Olson said.

Olson is best known as a musher who fielded teams in the Iditarod and Yukon Quest.

“We already offer short reindeer rides for $65 per person,” she said.

But Olson wants to offer more options, including reindeer sleigh rides, backpacking trips and a “destination” setting for larger groups.

His goal is to make the Chena Outdoor Collective a hub for reindeer tourism.

Haley Johnston has guided wilderness trips for over 10 years. Now, however, she has her own business called Travels in the tundra.

Johnston specializes in hiking in some of Alaska’s most remote areas: the Arctic National Wildlife Refuge and the gates of Arctic National Park.

I asked her if she had taken any groups on the scenic rivers in ANWR and the Arctic Gates. “Oh yes,” she said. “I led these trips. But we are hikers, not floaters,” she says with a smile.

As she built her trips, she added elements that were important to her. She wanted her guides to be Alaska residents year-round. Additionally, she wanted to develop a model for donating a substantial amount of money to nonprofits committed to conservation.

Johnston came to the Shark Tank to help fund more gear for more guides to provide more trips.

In Juneau, Peter Nave followed the story at Eaglecrest Ski Area. Eaglecrest recently bought a gondola to take visitors up the mountain all year round.

Nave thought Eaglecrest would be a good site for a “via ferrata”, which he calls a “combination of hiking and rock climbing”.

More specifically, a via ferrata is a course on steep and exposed mountain roads using fixed cables, chains and ladders. Literally translated as “railway”, climbers don a harness and make their way through the course.

“Our proposed course is about half a mile and it would be very family friendly,” Nave said.

Nave is still working on a few details with Eaglecrest, but is looking forward to delivering an “experience steeped in mountain culture.”

Captain Jack Finnegan has been offering fishing trips to Ketchikan for many years. But Finnegan also has years of experience working with adults with various disabilities.

These two skills eventually got mixed up in Finnegan’s head when it became apparent that his fishing boats weren’t wheelchair accessible. The idea for “Fishability Alaska” was born.

Finnegan’s quest is to build a custom boat with accessibility as a core design element. Wheelchair travelers are just one group of visitors. “Not all disabilities are visible,” Flannigan said. “Sometimes visitors with disabilities include hearing or visual impairments, or PTSD,” he said. “Many travelers are on the autism spectrum.”

Flannigan has some good stories about helping blind visitors catch fish. But with the lander on his dream boat, he could run across the beach so people could go for beach walks, do the tide, or explore wild trails on a remote island.

The public present at the Shark Tank tourism listened attentively. Many of the ideas presented offered completely new categories for travellers, such as via ferrata and reindeer hiking trips.

This made it difficult for the judges to choose the winners, who received between $8,000 and $10,000 for their idea.

“These entrepreneurs are really putting their hearts into it,” said Dale Wade, director of marketing at Alaska Railroad. “There is an application process, then a verification before the session and finally the presentation at the show. I really admire them.

The winners of the Shark Tank contest are Ryne Olson and her hiking reindeer, and Haley Johnston and her Arctic hiking business. The judges based their decision in part on the difference funding Shark Tank would make to overall success.

Most Shark Tank participants have been involved in a variety of other fundraisers, including personal savings, funds from friends and relatives, and other crowdfunding sources.

Shark Tank’s competitors didn’t have a monopoly on new Alaskan activities and adventures. There are many new adventures, including new cruises to new ports, a new focus on cultural tourism featuring Alaska Natives, and a new focus on Alaska’s unique culinary offerings, including microbreweries.

The Alaska Travel Industry Association welcomes travelalaska.comwhich produces a annual travel planner. It’s a new catalog of tours and adventures all year round. Most planners are sent out to potential visitors. But you can order one for yourself and start planning a visit to new parts of Alaska.

New website aims to reduce barriers to legal resources

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Iowa (KCRG) – The People’s Law Library of Iowa is a new website that serves as an accessible resource for understanding state law and legal resources in Iowa.

The Iowa State Library and the Unemployment Insurance Law Library worked together for about a year to develop the website. Currently, he focuses on three topics: consumer law, family law and landlord/tenant law. It also offers tips on researching legal issues, a glossary of over 100 legal terms, and more. Director of the University of Iowa Law Library, Carissa Vogel, says it’s important to reduce barriers to accessing these essential resources.

“We know there’s a huge barrier from having a problem or a problem to knowing how to get help, right. We know the help is there,” says Vogel, “The courts know deeply that their help is there, but sometimes it’s hard for people to know when they’re going where for what.

Vogel says they have already chosen the next three topics to focus on, which will be immigration, veterans affairs, and labor and employment. She added that they are always looking for feedback on the site’s user needs.

Funding for the site came from the American Rescue Plan Act.

“We are thrilled to provide this resource to the people of Iowa,” said State Librarian Michael Scott. “Our goal with the People’s Law Library of Iowa is to provide a trusted, reliable source of information about Iowa laws free of legalese that the average person can easily understand. This website will help Iowans understand their rights and feel empowered as they navigate the legal system.

You can access the site here.

USDA considering new poultry rules to tackle salmonella poisoning – ProPublica

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After decades of failing to reduce the incidence of one of the most common foodborne illnesses, the US government may finally be changing the way it regulates salmonella contamination in chicken and turkey.

On Friday, the United States Department of Agriculture announced that it is considering banning poultry companies from selling raw chicken and turkey contaminated with high levels of certain types of salmonella. Under current regulations, the agency allows raw poultry to be sold in supermarkets even when food safety inspectors know it is contaminated with dangerous strains of bacteria.

Additionally, the USDA said it could require poultry companies to test flocks for Salmonella before they are slaughtered and increase surveillance inside processing plants to prevent the spread of the bacteria. .

Last year, ProPublica reported how flawed federal food safety regulations had done little to prevent people from getting sick from salmonella poisoning and had allowed a virulent strain and antibiotic-resistant bacteria, known as infantis, from spreading widely in the US chicken supply.

After repeated interview requests from ProPublica, the USDA announced it was rethinking its approach to salmonella a week before the survey was released. This announcement launched a year-long effort by the agency to gather input from scientists, industry and consumer advocates to come up with proposals that could improve public health. The USDA said on Friday that infantis is one of the types of salmonella it plans to target.

The USDA’s plan, which it called a “proposed framework,” is still in its early stages and is phrased with terms such as “may propose” and “explore.” And some elements are likely to meet strong resistance from the poultry industry. But if implemented, it would represent the most significant change in salmonella regulation in decades.

“We know salmonella in poultry is a complex problem with no single solution,” Sandra Eskin, USDA deputy assistant secretary for food safety, said in a statement. “However, we have identified a series of strategic actions that FSIS could take that are likely to reduce salmonella infections linked to the consumption of poultry products.” (FSIS stands for Food Safety and Inspection Service, the branch of the USDA that inspects meat and poultry plants.)

Each year, approximately 1.35 million people in the United States become ill from salmonella poisoning. While outbreaks have been linked to onions, peanut butter and pet turtles, the most common source is chicken.

But the USDA has been hampered in its ability to protect consumers. Unlike its European counterparts, salmonella is not allowed to be controlled on farms, where it often spreads. It does not have the power to order recalls and can only ask companies to voluntarily pull products from shelves after an outbreak. And even when it finds lingering contamination in a company’s poultry, the USDA cannot rely on those findings alone to shut down a plant.

As a result, the USDA has instead relied on public designation of poultry plants that have high levels of salmonella. But food safety advocates have criticized the method for years because the agency only tests a tiny fraction of poultry sold to consumers and doesn’t focus on the types of salmonella most likely to make people sick. Similarly, industry representatives have criticized the agency’s approach for not taking into account the amount of bacteria in a product. Greater contamination is more likely to make people sick.

To make it easier to use government data, ProPublica has created an online database that allows consumers to view salmonella records from factories that processed their chicken and turkey.

The USDA proposal addresses many issues that consumer advocates — including Eskin, who worked on food safety for Pew Charitable Trusts before joining the Biden administration — have pointed out for years.

By testing flocks before they are brought into processing plants, the USDA said it hopes to encourage poultry companies to target salmonella on farms by vaccinating birds and improving sanitation in poultry houses. . Such an approach helped the turkey industry eradicate an outbreak of a virulent, antibiotic-resistant strain that plagued turkey flocks and sickened thousands of people from 2017 to 2019.

Another proposal, to increase bacterial sampling inside plants, could help the agency determine where salmonella spreads when birds are stripped of their feathers, dipped in decontaminating chemicals and cut or ground into pieces. turkey breasts, wings and burgers.

But the most ambitious proposal the USDA has said it is exploring is to establish a standard that, for the first time, would prevent the sale of highly contaminated raw chicken and turkey.

This approach would model one of the most successful food safety reforms in American history: the USDA banning the sale of meat contaminated with a strain of E. coli called O157:H7 after several children died after eating hamburgers in the 1990s.

The agency has never done the same for salmonella in poultry, and it could spark a storm among chicken processors. Earlier this year, industry trade group the National Chicken Council sharply criticized an agency proposal to ban low levels of salmonella in a far less popular product: frozen raw breaded stuffed chicken breasts. such as Chicken Cordon Bleu and Chicken kyiv.

The poultry industry has so far taken a more moderate tone toward the USDA’s overall efforts to revamp salmonella regulations. Last year, several poultry giants, including Tyson Foods, Perdue Farms and Butterball, joined consumer groups in pushing the USDA to update its standards. And a Cargill official was quoted in the USDA press release on Friday as saying the company “supports the need to develop a public health risk-based approach” to reducing salmonella disease.

Still, the National Chicken Council, which has long dominated the USDA, said it was disappointed with the agency’s framework and noted that with current testing methods, salmonella levels have declined in raw chicken.

“We support the need to develop science-based approaches that will impact public health, but it’s being done in reverse,” said Ashley Peterson, the trade group‘s senior vice president of scientific and regulatory affairs. “The agency formulates regulatory policies and draws conclusions before collecting data, much less analyzing it. This is not science, this is speculation.

The USDA stressed that it is taking a methodical approach, gathering scientific evidence and planning to solicit additional input from industry, consumer groups and scientists.

The changes will likely take months or even years to take effect and could be upended by a political reversal. The agency said it plans to formally propose rules next year with the goal of finalizing them by mid-2024.

The Return of Geopolitics: Global Value Chains, Emerging Technologies and China-US Relations | Events | International and Global Studies Program

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The Return of Geopolitics: Global Value Chains, Emerging Technologies, and China-US Relations

This event is part of the Kaplan Lecture Series, sponsored by Ellen and Robert Kaplan.

October 27, 2022
2:30-4:00 PM EST
Rapaporte Treasure Hall – located in the library

register here

About the event

Beginning with Trump’s trade and tech wars with China, then COVID-19 and most recently the Russian war in Ukraine, geopolitics is transforming the rules-based international order into one that is results-driven. Global value chains in emerging technologies are at the heart of new policies aimed at decoupling, offshoring, offshoring among friends and technological self-sufficiency.

Through the prism of 5G telecommunications, this conference illustrates how the modularization of digital technologies over the past decades creates several paradoxes of global industrial organization, which raises questions about the viability of many current industrial policies and the future of China-USA.
relations and East Asia.

About the speaker

Mark Dallas is an associate professor of political science and Asian studies at Union College in New York. Since 2021, he has worked at the World Bank as the International Affairs Officer of the Council on Foreign Relations. His research is interdisciplinary and focuses on global value chains, emerging technologies, China, industrial and technological policy and their economic and security implications. His research uses a variety of large-scale databases, including high-frequency trade data on shipments, firm-level data and investments, as well as detailed product and subsets of data. -systems. Previously, he received full-year fellowships from Harvard’s Fairbank Center for Chinese Studies, Fulbright Fellowship, Harvard-Yenching Institute, National Security Education Program, Chiang Ching-Kuo Foundation, among others. He has conducted year-long research projects at Harvard University, Peking University, the George Washington University School of Business, and was a Hallsworth Visiting Professor at the Global Development Institute at the University of Manchester in England. He obtained his doctorate. in political science from the University of California at Berkeley, and his BA in philosophy from Princeton University, summa cum laude.

Jackpocket launches lottery app in Idaho

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The third-party lottery app provides a safe and easy way to order state lottery tickets on the go for
the first time

NEW YORK, October 13, 2022 /PRNewswire/ — As Powerball and Mega Millions reach combined level $900 millionIdahoans can now order lottery tickets from the comfort of their phones. jack pocketthe leading third-party application in the United States providing a secure way to order official state lottery tickets, today announced its launch in Idahooffering lottery fans a new way to play.

Lottery players in Idaho can place ticket orders for popular lottery games including Powerball, Mega Millions, Lotto America, Lucky for Life, Idaho Cash, Pick 3 and Pick 4 on Jackpocket’s easy to use mobile app. The secure platform allows players to easily place ticket orders, view an image of their ticket, check lottery results and even receive prizes up to $599 directly on the app. If players win more than $599the winning ticket will be transferred to them to claim their Idaho Lottery prize.

To celebrate, Jackpocket is giving Idahoans their first free lottery ticket on the app. New players can receive a $2 lottery ticket by downloading Jackpocket and entering the code HEYID at the register.

Idaho marks the 13th state where Jackpocket is available for lottery play, making 13 a lucky number in our eyes,” said Peter Sullivan, founder and CEO of Jackpocket. “The Jackpocket team looks forward to providing Idahoans, whether long-time lottery players or new players, with a digital way to enjoy one of America’s favorite entertainment options. “

The Idaho Lottery contributed more than $1 billion to the people of Idaho since 1992, serving the needs of local school districts. By expanding access to lottery gambling, Jackpocket will help generate revenue for the state while attracting new consumers to lottery gambling.

Idaho is now the 13th state available for lottery play on the Jackpocket app with Arkansas, Colorado, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texasand washington d.c. Lottery players won $190 million in lottery prizes using the Jackpocket app, and 20 individual players have won prizes worth $1 million or more so far.

To keep players safe, Jackpocket offers consumer protections such as daily deposit and spending limits, self-exclusion, and built-in access to responsible gaming resources. Jackpocket is a member of the National Council on Problem Gambling and the first third-party lottery service to receive a responsible gaming certification of the NCPG’s Responsible Internet Gambling Compliance Assessment Program.

For more information, visit jackpocket.com or download the Jackpocket app at iOS Where android.

About Jackpocket

jack pocket is on a mission to create a more convenient, fun and responsible way to play the lottery. The first licensed third-party lottery app in United States, Jackpocket offers an easy and secure way to order official state lottery tickets. Jackpocket is currently available in Arkansas, Colorado, Idaho, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texasand washington d.c., and expands to many new markets. Download the app at iOS Where android and follow on Facebook, Twitter and instagram.

SOURCEJackpocket

Chinese chip group ‘troubled’ by US export restrictions, Auto News, ET Auto

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Last week, the US Department of Commerce passed a set of regulations aimed at limiting the progress of China’s semiconductor industry.

China’s leading chip trade group said on Thursday it was “disappointed” with recent U.S. export controls and warned they could put more pressure on global supply chains.

Last week, the US Department of Commerce passed a set of regulations aimed at limiting the progress of China’s semiconductor industry.

If widely enforced, the regulations could ban research labs and commercial data centers from accessing advanced AI chips, prevent Chinese chipmakers from purchasing critical manufacturing equipment, and force U.S. nationals working in advanced Chinese chip companies to quit.

“Not only will such a unilateral action harm the global supply chain of the semiconductor industry, but more importantly, it will create an atmosphere of uncertainty, which will negatively affect trust, goodwill and spirit of cooperation that players in the global semiconductor industry have carefully cultivated over the past decades,” the China Semiconductor Industry Association (CSIA) said in a statement.

The CSIA added that it hopes the US government will “adjust the course of action” and “return to the well-established framework of the World Semiconductor Council (WSC) and the meeting of government and authorities on semiconductors.” -conductors (GAMS)”.

The WSC and GAMS are two global business forums, established in 1996 and 1999 respectively, where member regions discuss chip industry development and policy.

Share prices of Chinese tech giants and chip companies with facilities in China have plunged in response to U.S. restrictions. In recent days, the US government hastily offered some overseas chipmakers extensions to avoid supply issues.

Read more:

The US diplomat explained that his trade mission comes against the backdrop of the US move to expand partnership with like-minded countries like India and Taiwan.

HyAxiom signs agreement with Shell to demonstrate the ability of fuel cell technology to decarbonize the shipping industry

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EAST HARTFORD, Conn., October 11, 2022 /PRNewswire/ — HyAxiom Inc., a leading global provider of fuel cell and hydrogen solutions, today signed an agreement with Shell Plc (NYSE: SHEL) and other parties to power a deep-sea liquefied natural gas carrier with a solid oxide fuel cell developed by HyAxiom to test the technology’s ability to reduce carbon emissions from shipping, a vital sector for trade and economies around the world, but considered difficult to reduce.

Under the terms of the agreement, Shell International Trading and Shipping Company Ltd (“Shell”), Korea Shipbuilding & Offshore Engineering Co., Ltd. (“KSOE”), DNV and Doosan Fuel Cell Co., Ltd (“DFCC”), have agreed to launch a vessel powered by a solid oxide fuel cell (SOFC) developed by HyAxiom in 2025.

This agreement underscores the potential of fuel cell technology in decarbonizing the shipping industry and the role HyAxiom can play in helping key industry players achieve their climate goals.

“Fuel cells are an essential technology to reduce carbon emissions and help us fight large-scale climate change,” said Jeff Hyungrak Chung, President and CEO of HyAxiom. “HyAxiom is proud to partner with Shell to demonstrate the viability of solid oxide fuel cells as a low or zero carbon way to power the shipping industry.”

As part of the agreement (after feasibility studies), HyAxiom will design and develop the SOFC Auxiliary Power Unit (APU) incorporating the 2 x 300 kilowatts (kW) subsystems for the long-range maritime demonstration; DFCC will manufacture, perform factory testing and deliver the product; Shell will charter the demonstration vessel; KSOE will assist with system integration and technology deployment; and DNV will provide technical and security expertise.

Once launched, the vessel will operate for a year, during which parties will collect valuable data on how to further integrate SOFC technology into current vessels and inform on how future vessels can be powered by SOFC technology. in large scale.

Karrie TrauthSVP Shipping & Maritime at Shell said: “This consortium and the cutting-edge technology we are pioneering could help deliver less carbon-intensive operations in the near term while paving a path to net zero through the blending of conventional and alternative fuels until zero carbon options are available We are excited to partner with some of the biggest names in shipping who share the vision of a zero emissions industry and are working hard to advance the decarbonization of shipping.

Sam Hyun KaVice President and CEO of KSOE pointed out, “SOFC is expected to be the most important and important power source for ships due to its excellent efficiency. HHI Group will continue to play a leading role with Shell, HyAxiom, DFCC and DNV in the development of future decarbonization technology. believe that we can create unparalleled synergies and that we can be at the forefront of future technologies in the maritime transport and shipbuilding sectors.”

Vidar Dolonen, Regional Director Korea & JapanShipping at DNV also added: “The energy and technology mix of the future will have to be broad for the maritime sector to reach its Net Zero objective. Solid oxide fuel cells are a promising solution for advancing on the path to decarbonization, and we at DNV are pleased to bring our expertise to such an important demonstration project with key industry players.”

The consortium agreement was signed at a ceremony in Seoul, South Korea. Representatives from each company included HyAxiom CEO Jeff Hyungrak Chung; Hooseok Che, COO of DFCC; SVP and Global Head of Shipping and Shipping for Shell, Karrie Trauth; Vidar Dolonen, Regional Director of DNV Korea and Japan; and vice-president of the KSOE Sam Hyun Ka.

HyAxiom, a Doosan company based in East Hartford, Connecticut, was created in 2014 following the acquisition by the Doosan Group of the fuel cell business of UTC Power. HyAxiom combines UTC Power’s 50 years of experience in developing hydrogen fuel cell technology with the large-scale engineering and manufacturing expertise of the Doosan Group. In addition to its core offering of Phosphoric Acid Fuel Cell (“PAFC”) units, HyAxiom is developing next-generation technologies, including electrolyzers for clean hydrogen production and additional fuel cell solutions for mobile and stationary applications.

About HyAxiom

HyAxiom is one of the world’s leading providers of fuel cell and hydrogen solutions, enabling reliable, competitive and carbon-free energy sources for industrial and commercial purposes. By combining the fuel cell development heritage of UTC Power and the expertise of parent group Doosan, HyAxiom’s mission is to accelerate a sustainable energy future by providing a full range of hydrogen-based solutions for the stationary and mobile energy. HyAxiom develops, manufactures and services PureCell, a proprietary Phosphoric Acid Fuel Cell (“PAFC”) unit. Leveraging its expertise in fuel cell technology, HyAxiom is developing next-generation clean hydrogen generation technologies and additional clean fuel cell solutions for mobile and stationary applications. More information is available at hyaxiom.com.

SOURCE HyAxiom Inc.

Golden Institute provides opportunities for youth and teens in Memphis

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MEMPHIS, Tenn. (WMC) – A Raleigh man began leading teens and young adults through his nonprofit, the Golden Institute, in 2015.

He says he knows firsthand how crime can impact a teenager’s life, and since turning his own life around, Golden says his goal is to give kids the tools they need. need to be successful.

Fall vacation is this week for MSCS students, which means more free time for teenagers.

“You know, with all the turmoil and the trials and tribulations with the city kids with all the crime, free time is the devil’s workshop,” Golden said. “So we try to keep them busy, be productive and learn a trade.”

The teens are part of the Golden Institute, a Raleigh nonprofit that teaches life skills, trades and entrepreneurship.

“A lot of times we give and give, and it paralyzes them instead of showing them,” Golden said. “Let them learn the practical training and then they can move on.”

Golden says he sees the rise in youth crime and wants more people to be part of the solution.

“Faith without works is dead,” he said. We can talk until we bruise in the face and when we want to change we have to actually do something about it.

Jerry Lee, 8, has been with the program for two years.

“Kids now, our generation that we live in, they’ve all screwed up,” Lee said. “They kill each other and do all this stuff, we learn here, we get paid to learn.”

“I came to work here about 3 years ago,” said Travaughn Wallace, 18. “Since I’ve been working here, I’ve learned different things [and] it improved me mentally and physically.

Students are paid, and those still in high school work part-time after school and on weekends.

Once they graduate, a job awaits them.

“We’re not against college, but not everyone has college materials or wants to go to college,” Golden said. “So if you can get yourself a skill, find yourself a profession, you can work and provide yourself with stable means.”

Whether it’s learning landscaping skills, changing the oil in a car or gaining financial knowledge, Mr. Golden says graduates of the program leave better prepared for the future.

“I haven’t always been where I am,” Golden said. I have been through different trials and tribulations and God has given me new breath of life, so I try to give back in the best way I know how.

If you would like to involve your child in the Golden Institute, you can contact Charlie Golden Jr. directly at 901-288-0843.

You can also email [email protected]

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Ford, General Motors, Rivian and more

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Take a look at some of the biggest pre-market movers:

Ford (F), General Engines (GM) – UBS downgraded both automakers, cutting Ford from “sell” to “neutral” and downgrading GM from “neutral” to “buy.” UBS said the auto industry is rapidly moving towards oversupply of vehicles after three years of unprecedented pricing power. Ford slipped 3.6% in premarket while GM fell 3.5%.

Rivian (RIVN) – Rivian shares fell 9% in the pre-market after recalling nearly all of its vehicles to address potential steering issues. The electric car and truck maker said no injuries have been reported as a result of the issue.

Toast (TOST) – Mizuho has upgraded the restaurant-focused technology platform provider to “buy” from “neutral,” saying its research emphasizes the profit and sales potential of Toast’s services. Toast grew 3.3% pre-market.

You’re here (TSLA) – Tesla delivered more than 83,000 vehicles from its Shanghai plant last month, up 8% from August and its highest monthly total ever for the newly renovated plant. Tesla, however, lost ground in premarket trading after RBC cut its price target on the stock to $340 per share from $367 per share.

Stellantide (STLA) – Stellantis has signed a nickel and cobalt supply agreement with Australian mining company GME Resources as it prepares to secure key components for electric vehicle batteries. The automaker had signed a lithium supply deal earlier this year with Australia’s Vulcan Resources.

Kraft-Heinz (KHC) – Kraft Heinz rose 2% in premarket stock after Goldman Sachs upgraded the food maker’s stock to “buy” from “neutral.” Goldman said Kraft Heinz is one of the few consumer staples stocks where the prospect of higher profit margins is not yet fully priced into the stock.

Procter & Gamble (PG) – P&G shares fell 1.3% in premarket trading, following a Goldman Sachs downgrade of the consumer products giant’s shares from “neutral” to “buy.” Goldman’s updated view reflects valuation concerns and possible headwinds in market share.

Merck (MRK) – Merck rose 2.7% in the pre-market after Guggenheim upgraded stock to “buy” from “neutral.” The company said the drugmaker was poised to beat earnings consensus on strong growth prospects for key products, among other factors.

The SOAR fund takes off to secure large competitive projects

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VSThe creation of the Strategic Outreach and Attraction Reserve Fund gave Michigan a new tool to attract major economic development projects that business advocates say quickly changed the national perception of the state.

Lawmakers recently replenished funding for the SOAR fund, which has allowed Michigan to compete with other states for big business investment in jobs and facilities. The fund has been instrumental in securing new electric vehicle and battery factories.

“With the SOAR fund, Michigan is in a better position to attract some of these big projects that we’ve seen more recently go to other states,” said Wendy Block, vice president of corporate advocacy at the Michigan Chamber of Commerce. “We believe we need to be more competitive on these projects, many of which are creating these next-generation jobs for our state and even the nation. Whether it’s getting more competitive on EVs (electric vehicles), batteries, or in other areas, Michigan really needs to make strategic investments to position itself for the future.

In late 2021, the state Legislature and Governor Gretchen Whitmer created the SOAR fund with an appropriation of $1.1 billion.

Two weeks ago, state lawmakers injected an additional $846.1 million into the fund. The new funding was part of a $1.11 billion additional spending bill for the state’s current and new fiscal years that was worked out between lawmakers and Whitmer, who signed the legislation on October 4.

Of the $846.1 million that lawmakers appropriated, $613 million was new funding and $233 million remained from last year’s original allocation that would have gone back to the general fund. state unless re-authorized.

New funds from the SOAR Fund direct $250 million to the Michigan Strategic Site Readiness Program. The funding includes $25 million for grants to regional and local economic development organizations, $100 million for improving industrial project sites where a potential user has not been identified, $75 million for the evaluation and development of so-called “mega-strategic” sites and $50 million for the improvement of sites for a project planned by a specific user.

send a signal

SOAR’s funding replenishment sends a “signal to businesses across the country and around the world that Michigan is committed to supporting economic development,” said Jeff Donofrio, president and CEO of Business Leaders for Michigana round table of business leaders and university presidents.

“The message is the same whether you’re in California or Korea: Michigan is ready to compete on the world stage for world-class projects,” Donofrio said. “We have bolstered our economic development toolkit, invested more in local talent, and are actively working to create sites and development strategies across the state. This is an invitation for manufacturing, technology and R&D companies to join a state with a proud manufacturing heritage and the intelligence and experience to sustain 21st century success.

Since its creation, the SOAR Fund has supported research projects General Motors Co. and Ford Motor Co. for electric vehicle manufacturing in the state, and more recently battery plants in Big Rapids and Wayne County and a large agribusiness project in Muskegon and Ottawa counties.

Last week, the Michigan Strategic Fund Board approved support for Gotion Inc.The planned $2.36 billion investment for a battery plant near Big Rapids promises to create up to 2,350 new jobs. In Van Buren Township of Wayne County, based in Novi Our Next Energy Inc. plans to invest $1.6 billion in a new manufacturing plant to produce vehicle batteries that will create more than 2,100 jobs.

In West Michigan, the MSF board approved a $60 million SOAR fund grant to support a wastewater improvement project to accommodate $187 million in capital investment by five companies which will create 145 new jobs in Coopersville and Ravenna. The five companies — Fairlife LLC, Continental Dairy LLC, DeVries Meats Inc., Applegate Dairy LLCand Swanson Pickle Co. — now collectively employ nearly 560 people.

The SOAR fund gave the Michigan Economic Development Corp. an important new tool that has long been missing to compete with other states for major projects, said MEDC President and CEO Quentin Messer, Jr.

Without SOAR’s assistance, each of the battery plant projects would not have occurred in Michigan, according to Messer. The MEDC previously only had a business development grant program capped at $10 million per opportunity, a size “that would not have been enough for us to land these projects,” given their size and scope. capital intensity, he said.

“SOAR signaled an ability for the Michigan team to come together and play as a team in a bipartisan fashion to achieve results on both sides of the state, east and west, and none of those agreements would not have been concluded or about to be consummated without the presence of the SOAR Fund,” Messer said.

‘Awakening’

The legislative action to create SOAR follows Ford’s announcement in September 2021 that it was joining partner SK Innovation Co. to invest $11.4 billion and create 11,000 jobs in Tennessee and Kentucky to build facilities that manufacture both electric vehicles and batteries.

The Ford project has been a “bit of a wake-up call” for Michigan to better compete with other states to attract major projects, especially as the local auto industry becomes electrified, Mike Johnston said. , Executive Vice President of Government Affairs at Michigan Manufacturers Association.

At a time when Michigan must compete nationally and globally for business investment and jobs, including with states with lower labor costs, the SOAR Fund has clearly begun to make the difference, Johnston said. As the Ford project in Tennessee and Kentucky showed, other states will gladly offer lucrative incentive programs to entice automakers and their suppliers as the industry electrifies, he said. declared.

The creation of the SOAR Fund signaled to other states that “Michigan is in the game for transformational investments” after a “zigzag story about economic development incentives,” including the elimination of most incentives in 2011 in beginning of the government of the time. Rick Snyder’s administration, Johnston said.

“We are the center of the auto industry in America, and everyone wants what we have,” he said. “Michigan, being the center of the internal combustion engine, needs to make this transition to electric vehicles to keep our economy strong and the auto industry strong. So it’s critical that Michigan actively play for these kinds of transformational projects, these kinds of investments, if we’re going to protect Michigan’s economic future.

Talking to colleagues from manufacturing trade associations in other states, “They’re all like, ‘OK. Michigan is back in the game,” Johnston said. “And I think that makes them a little nervous.”

Similarly, Block in the Michigan House said the creation of the SOAR Fund “definitely put us on the map” nationally in competition for major projects.

“There are other states that are noticing that we’re doing it now too, and we’re doubling down,” she said. “We’re proving to others that we’re not just going to sit back and watch these businesses and jobs grow elsewhere.”

One of the key differences between SOAR and past state incentives is the legislative transparency and oversight enshrined in last year’s enabling legislation. The State House and Senate retain final funding authority for projects approved by the Michigan Strategic Fund Board.

Permanent funding

As lawmakers and the governor earmarked more money for the SOAR Fund this month, separate legislation has been advanced in Lansing that would provide a permanent source of funding.

Senate bills 981-983 that were passed by a Senate committee on Sept. 21 would capture and direct to the fund new tax and corporate and income tax revenues generated by SOAR-supported projects.

The Michigan House testified in support of the legislation, sponsored by Sen. Ken Horn, R-Frankenmuth.

“It’s another way of communicating to the world, ‘Look, we’re going to be invested in the future because we have a sustainable source of funding going forward,'” Johnston said. “Let’s catch the tax on those jobs and replenish the fund so we can continue to create more jobs for the future.”

Speaking last week in Grand Rapids after Michigan’s Strategic Fund Board approved the latest projects, Whitmer said the legislature may need to consider allocating additional funding to the SOAR Fund to support “many of the opportunities which are available to us”.

“We’re going to have to continue this conversation,” she said. “We are going to have a long-term strategy on how we maintain this ability to be competitive.”

Takeovers and pound weakness spotlight UK aerospace and defense

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Britain’s aerospace and defense sector has been a rare bright spot, defying the trend of a shrinking manufacturing base in the country for more than 30 years, with a hard core of heavyweights such as BAE Systems and Rolls- Royce surrounded by a group of key suppliers.

But over the past three years, several of those suppliers — Cobham, Meggitt and Ultra Electronics — have fallen at auction from foreign suitors. Ultra and Meggitt have been delisted from the London market in the past two months. In September, another stalwart – the private Newcastle-based Pearson Engineering – was sold to an Israeli company.

The shrinking British ownership of a vital industrial sector has reignited debate over its long-term prospects. Companies still recovering from the Covid-19 pandemic face further headwinds of inflation and rising interest rates, while the weakness of the pound has bolstered expectations that more groups will become the prey to suitors.

Kevin Craven, chief executive of ADS, the aerospace industry trade group, said he expected more UK companies to attract interest from abroad.

“Weakness in the pound, in addition to the UK’s attractive engineering skills, means there will be a greater amount of [takeover activity]. I expect there will be more interest from overseas buyers,” he said.

A Meggitt employee repairs a bottle used for extinguishing fires on airplanes. The company was acquired by the American company Parker Hannifin in September 2022

Sir Nigel Rudd, who as chairman sold Boots and Meggitt, said he expected successful businesses to remain vulnerable.

He added that there were two big issues driving the rush for takeovers in UK markets: Valuations of similar companies in the US were typically 20-30% higher than their UK counterparts and British investors “hate debt”.

“The problem is that British companies cannot buy American ones. They don’t have the firepower to do it. . . And in general, UK investors are quite risk averse.

Even before the pandemic, Britain’s position as the world’s aerospace and defense market after the United States had already been weakened by Brexit. Apart from the additional bureaucracy, the UK has been excluded from important pan-European research programmes.

New figures from trade body ADS show that Britain’s civil and military aerospace business generated revenue of £22.4bn in 2021, 37% less than that recorded before the coronavirus crisis.

By contrast, although impacted by the pandemic, data from the German trade body shows the sector, which for decades followed the UK, consolidated its recent lead with revenues of £31.4 billion. euros or £27.8 billion in 2021.

Craven said the UK figures still reflected the impact of Covid-19 and stressed there was no evidence yet of “structural change or a decrease in the UK’s competitiveness”.

A challenge for UK businesses, however, was skills shortages, with some groups struggling to rehire people as the aerospace market recovers, he said.

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Craven also warned against a ‘gut reaction’ that all takeovers were ‘a bad thing’, noting that the focus should be on ‘making sure key assets are kept in the UK with the right assurances on how the integration [with the acquiring company’s operations] could happen”.

In the cases of Meggitt and Ultra, the government vetted both takeovers before finally giving the go-ahead after extracting a series of commitments from the respective buyers.

American Parker Hannifin, which took over Meggitt, and private equity-backed Cobham, which bought Ultra, promised to protect sensitive technologies and increase research and development spending.

The takeover of Ultra, which makes submarine hunting equipment as well as control systems for the fleet of Trident submarines that carry Britain’s nuclear deterrent, has raised particular national security concerns.

Meanwhile, Israel’s Rafael Advanced Defense Systems, which took over Pearson Engineering, said the deal would lead to more jobs at Newcastle.

Still, some industry experts question whether the rush for takeovers could lead to a hollowing out of the sector’s tightly integrated supply chains.

Others fear that critical research and development of technologies for electric and hydrogen aviation will take place in the UK if owners do not make a long-term commitment.

In aerospace, the government has committed more funds this year to the development of new technologies through the Institute of Aerospace Technology, created in 2014 to allocate public funds to innovation in the sector.

However, some industry leaders point out that more funding will be needed to deliver on the UK’s ambitions to be a leader in net zero aviation.

“The UK, due to Brexit, has not only made itself much less attractive as a manufacturing base due to things like the extra paperwork, but it has also withdrawn from all UK-funded R&D programs. EU,” said a former small business owner. .

Paul Everitt, former chief executive of ADS, said the UK was an important player in the sector, with major global companies including BAE and Babcock International, and overseas investment from major European groups such as Airbus and Leonardo. . But added that Britain faces challenges “further down the supply chain”.

“Meggitt, Ultra and others were the gateway to market for smaller manufacturing and engineering companies in the UK,” he said.

In defence, several leaders said the government needed to encourage a more targeted procurement approach, rewarding UK-based companies and providing a reliable flow of contracts. This, they said, would help spur national innovation and capacity.

“With the pound so cheap, it makes many UK businesses vulnerable to a takeover and the government must insist that research and development activities remain in the UK,” said Kevan Jones, Labor member of the select committee. defense of the House of Commons. .

Workforce development “is a team sport” CBIA

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It was a point of attention for Futuro Health CEO Van Ton-Quinlivan as she addressed the Connecticut Workforce Summit Oct. 6 at the AquaTurf Club in Plantsville.

Workforce development “is a team sport, not an individual sport,” she told more than 200 leaders representing the public sector, community organizations and employers.

“A lot of employers think they have to go it alone,” she said. “We are all in this together and collaboration is key to finding solutions.”

Ton Quinlivan [pictured above] is a nationally recognized author and thought leader in the field of workforce development, who has worked in the private, public and non-profit sectors.

The summit was organized by CBIA, its subsidiaries ReadyCT and CONNSTEP, and Social Venture Partners Connecticut, and sponsored by General Dynamics Electric Boat.

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The 2022 CFIA and Marcum Connecticut Business Survey showed that 85% of Connecticut employers struggle to find and retain workers, with 39% citing a lack of qualified candidates as the biggest barrier to employment. growth.

In July, the US Bureau of Labor Statistics reported 113,000 job openings in Connecticut, up 5,000 from the same period a year ago.

If every unemployed person in Connecticut were hired tomorrow, there would still be 35,200 vacancies.

However, if every unemployed worker in the state were hired tomorrow, there would still be 35,200 vacancies.

“What a dissonance between workers who need work and employers who need workers and they can’t find each other,” Ton-Quinlivan said.

So what can be done to resolve this crisis?

Collaboration

Ton-Quinlivan said it’s about finding strategies to get adults back into the workforce and meet education needs.

To do this, she explained how the work of three stakeholder groups – employers, educators and community organizations – must come together and work together.

She described a problem she calls “fire hose versus garden hose.” The fire hose is the number of students being prepared for the job market and the garden hose is job openings and employer needs.

The challenge is to make the fire hose and the garden hose work together and pair the right people with the right skills at the right time.

“The goal here is that in combination, you can create a reliable and diverse talent pool by coming together rather than having to do it alone,” she said.

“Employers have to have the main voice, because these are your jobs, right?

“What’s important for employers is to play together in a consortium rather than going it alone.”

Education Options

She said the goal of a consortium is to group jobs together and find similar roles with similar skills.

Ton-Quinlivan said broader collaboration “will make it easier for education and others to play.”

She noted that the pandemic has opened up more options for education, including greater flexibility to bundle and unbundle programs and create programs that maintain quality while improving preparedness.

“If you want diversity to be in the talent pool, then the beginning of the workforce development pipeline needs to be diverse.”

Van Ton Quinlivan of Futuro Health.

Community organizations are better positioned at the local level “than any business, or frankly even the education sector,” Ton-Quinlivan noted.

In her bestselling book WorkforceRX, she wrote, “If you want diversity to be in the talent pool, then the beginning of the workforce development pipeline needs to be diverse.

“That means diversity awareness needs to be done early. Public labor agencies and community organizations can do a better job of reaching deeper and wider into communities to publicize jobs than most companies care to do.

An ecosystem

Ton-Quinlivan emphasized that employers, the education sector and community organizations all need to operate in one ecosystem.

One way to do this, she said, is to think regionally.

“Perhaps it makes sense for regions to play together,” she said, “rather than single institutions and partners working together.

“Then K-12 establishments correspond to the common regional economy because, as you know, most people stay in the regional economy.”

Ton-Quinlivan said it was essential to tailor pathway programs to a region’s economy by “identifying the sectors, industry sectors, that are important.”

Collaboration between employers, educators and community organizations helps provide exposure to a profession and pathways to get there.

“Education is not a one-time thing,” Ton-Quinlivan said. “It’s not early, but it has to be a set of continuous upgrades throughout your life.”

Bring the adults back

A quarter of CBIA/Marcum survey respondents called for more skilled workforce training, while 23% supported additional education and trade school opportunities.

So how can educational institutions help adults re-enter the labor market?

Ton-Quinlivan said it’s useful to look at how innovation leaders change workflows and how those workflows affect skills.

“Adults aren’t in the mood for degrees. But they are interested in developing their skills.

Ton Quinlivan

“Adults aren’t in the mood for degrees,” she said. “But they are interested in developing their skills.”

She said the key is to create on and off ramps for adults so they are ready to get back into education.

“If they’re not ready to graduate, how do you get them into skill sets that are right for you?” she asked.

Next Generation Workforce

In terms of helping to develop the next generation of workers, Ton-Quinlivan said the introduction of career exploration in colleges is important so that “students are exposed to the range of a vast working world here in Connecticut”.

For high school and college students, it’s all about workplace experience.

“It’s a broken area in the workforce pipeline,” she said.

Ton-Quinlivan called workplace experience options a “broken area in the workforce pipeline.”

“Employers, only you can provide work experience. So, if you’re going to do one thing, consider partnering with your colleges to provide work experience.

“If you have a talent pool, collaborate to create a pool to be competitive when hiring.

“And when you have that person on your premises who learns about your business as an intern, that’s when you have a competitive advantage in attracting that dreamer or that dream candidate.”

Florida Insurance Consumer Advocate and National Insurance Group Warn Ian Survivors of Fraud

Still reeling from the destruction of Hurricane Ian, residents and homeowners in the storm’s path should now be on alert for fraudulent contractors and other scam artists, Florida Insurance Consumer Advocate Tasha Carter and a national insurance group warn.

“Consumers who have already been impacted by Hurricane Ian should also not have to deal with deceptive and unscrupulous tactics perpetrated by scam artists,” Carter said. “I encourage consumers to contact their insurance company first before contracting with a third party, a third party who may not have their best interests in mind.”

The National Crime Insurance Bureaua group of insurance companies, law enforcement and rental car companies estimate that 5-10% of claims after a storm involve fraud, and Ian’s track record could mean up to $6 billion in wrongful claims.

“Recovering from a disaster is a daunting task, and homeowners shouldn’t be victimized twice,” said the NICB President and CEO. David Glawe. “Take the time to check out legitimate contractors, get at least three bids, and never pay a contractor in full until the job is done. Make sure a dishonest contractor doesn’t further complicate your already devastating situation.

For Southwest Florida residents, however, vetting contractors can take time and scarce resources.

From Friday noon, more than a week after Ian arrived in the state, 97,443 homes and businesses in Lee County remain without power. Statewide, that total is over 132,000. More than 1,000 people are displaced by the storm and it could take several weeks or months for the area to stabilize.

Still, the NICB has some tips to help you steer clear of scam contractors after a storm, like getting more than one quote; obtain in writing the costs and estimates for the completion of the work; ensure that a contractor has a state license; do not pay in full until the work is complete; and contact your insurance company before repairs are made.


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Myrtle Beach Banking Veteran Elected to American Business Association Board of Directors | Myrtle Beach News

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MYRTLE BEACH — The manager of a Myrtle Beach-based bank with 11 branches along the South Carolina coast was recently elected to serve on the board of directors of a national banking industry trade association.

K. Wayne Wicker, president and CEO of South Atlantic Bank, will serve on the American Bankers Association board of directors for the 2022-23 association year after members elect him and d others at an annual meeting Oct. 2-4 in Austin, Texas.

The American Bankers Association lobbies for the American banking industry.

“I commend our newly elected officers and board members who will play a critical role in directing the ABA’s work on behalf of America’s banks over the next year,” said Rob Nichols, President and CEO. from the ABA leadership in a statement. “This group of industry leaders has a depth and breadth of experience that will serve them well as they seize the opportunities and meet the challenges ahead.

“I look forward to working with them to ensure that banks of all sizes can continue to serve their communities and help our economy grow.”

Wicker is a seasoned banker with over 30 years of experience in the Myrtle Beach and South Carolina markets, including leadership positions at Nexity Bank as Senior Vice President for Correspondent Banking and Anchor Bank as senior vice president and regional manager for the North Coast.


Longtime Myrtle Beach restaurant put up for sale;  Opening of a specialized dental office

Including his leadership at South Atlantic Bank, Wicker serves on the South Carolina State Council of Financial Institutions, the ABA Council of Members, and is a past president of the South Carolina Bankers Association.







K.Wayne Wicker

K. Wayne Wicker, president and CEO of South Atlantic Bank, has been elected to the board of directors of a national banking industry association. Provided




Wicker holds a bachelor’s degree in business administration from the Citadel and completed the Graduate School of Banking of the South at Louisiana State University and the South Carolina Bankers School at the University of South Carolina. He is a Gulf War veteran, officially serving in the SC Air National Guard.

The American Bankers Association, based in Washington, D.C., said it represents the nation’s $23.7 trillion banking industry, made up of small, regional and large banks that employ more than 2 million people, protect 19 $.6 trillion in deposits and $11.8 trillion in loans.

South Atlantic Bank has over $1.4 billion in total assets, with branches in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton and Hilton Head Island.


Myrtle Beach Sands Companies development company grew by building rental cottages

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The S&P 500 closes lower on Wednesday after two days of strong gains

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US stocks fell on Wednesday as Wall Street failed to hold on to strong gains from the past two sessions.

The Dow Jones Industrial Average fell 42.45 points, or 0.14%, to 30,273.87. Earlier in the day, it was down 429.88 points. The S&P 500 lost 0.20% to close at 3,783.28, and the Nasdaq Composite slipped 0.25% to 11,148.64.

“It’s a moment of pause for the market to reflect on the sustainability of the rally of the past two days,” said Yung-Yu Ma, chief investment strategist for BMO Wealth Management. “The market is pricing that it will take a really long time for the Fed to pivot dovishly. Yes, the JOLTS number was extremely welcome, no doubt. But it’s really the tip of the iceberg in terms of what the Fed needs to take a softer tone.”

“There is a certain reality creeping into the market and that enthusiasm of a good number is starting to fade,” he added.

Stocks staged a major rally earlier in the week, with the S&P 500 posting its biggest two-day gain since 2020, as bond yields fell from multi-year highs. Yields rose sharply on Wednesday, with the benchmark 10-year Treasury yield rising above 3.7% after briefly dipping below 3.6% in the previous session. This put pressure on stocks for much of the day.

Private payrolls rose by 208,000, ADP said in its latest report, beating a Dow Jones estimate. Traders are eagerly awaiting Friday’s release of the nonfarm payrolls report. The September ISM services index was also released on Wednesday and showed solid growth.

Some market participants wondered if the markets had finally priced in after the steep declines of the previous quarter.

“The Q3 earnings release is not far away and it’s definitely in market psychology that the Q2 earnings season has helped stabilize the markets,” Ma said. “There was a lot of pessimism about the market from which it was able to rally quite strongly for a couple of months right now there’s also this hope that earnings season can stabilize the market and maybe come to the rescue again, the way it did it last term.”

Robert Ewing | Obituaries | record eagle

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Robert A. Ewing, 83, passed away peacefully on Sunday, October 2, 2022 surrounded by the love of his family. Born December 7, 1938 to the late Robert A and Beatrice (Huellmantel) Ewing in Traverse City, Michigan. Bob was a hardworking person who loved his family deeply.
Bob grew up in Traverse City, MI and graduated from Traverse City Central High School in 1957. After graduation, Bob went to meat cutter trade school in Toledo, Ohio before returning home to work at Oleson’s Food Store and Bay Shore Meats as a meat cutter. . In between his jobs as a meat cutter, he opened a grocery store in Thompsonville, MI in 1960. In 1969, he began his career with Consumers Power Company as a meter reader. Through hard work and determination, he retired after 30 years as a substation operator. His family remembers many stormy evenings when Bob went to work with crews to restore power to families affected by blackouts. His strong work ethic was one of the many traits Bob passed on to his sons.
Bob married Jean Boulle on November 15, 1958 at Immaculate Conception Church in Traverse City. They were married for nearly 64 years and together were great examples of commitment and love through life’s joys and challenges. He was very proud of his four sons and their families. Between Sports and Scouting, they have had many wonderful adventures over the years. He enjoyed camping, and the family took many camping vacations, including Florida and California. He supported and coached all four sons to achieve their goals and dreams. Over the years he enjoyed fishing, hunting, traveling and playing cribbage. In his later years, he particularly enjoyed attending and scrapbooking his grandchildren’s sporting activities and events. His example of selfless service to family, friends and others lives on with his children and grandchildren.
Robert is survived by his wife, Jean, of Traverse City MI; his four sons, Mark A. Ewing (Susan), of Kingsley, Robert A. Ewing (Stephanie), of Glen Arbor, William J. Ewing (Jody), of Traverse City, and Timothy J. Ewing (Melissa), of Seattle WASHINGTON; his grandchildren, Randy, Sophie (Daniel), Mac, Justin, Lily, Sonya and Tucker; great-grandchildren, Owen and Lucian. He is also survived by his beloved nieces, Christine, Barbara and Glenda; and his nephews, William, Christopher, Kenneth and David.
He is predeceased by his brother, Nick, and we’re sure they play cribbage together in heaven. He is also predeceased by his niece, Debra; and his nephew, Richard.
Friends are invited to visit Bob’s family from 4-6 p.m. Thursday, October 6, 2022 at Reynolds-Jonkhoff Funeral Home, 305 Sixth St., Traverse City, Michigan 49684.
A Christian burial mass will be held at 11 a.m., with visitation beginning at 10 a.m., Friday, October 7, 2022 at St. Francis of Assisi Catholic Church, 1025 S. Union St., Traverse City, Michigan 49684. Rev Don Geyman will officiate.
The family would like to thank the caring and dedicated staff at French Manor for their help and kindness over the past few months.
The family requests that memorial contributions be directed to the Boy Scouts of America, Scenic Trails District; 1499 Business Park Drive, Traverse City, MI 49686, Promedica Hospice 4000 Eastern Sky Drive, Suite 2, Traverse City, MI 49684, or the charity of your choice.
Feel free to share your thoughts and memories with Bob’s family on his tribute page at www.reynolds-jonkhoff.com.
The family is being cared for by Reynolds-Jonkhoff Funeral Home and Cremation Services.

Matheson: A Reliable Network Needs More Always-On Generation

“You need to have resources that are always available and dispatchable to maintain the network,” said NRECA CEO Jim Matheson. “It can’t be 100% intermediate resources and labor.” (Photo by: Andy Barth)

The transition to a low-carbon electricity grid will jeopardize electricity reliability unless there is enough generation and infrastructure always available to meet the country’s growing electricity demand, the President said. NRECA CEO Jim Matheson at a September 30 press briefing hosted by United States Energy. Association.

“We have been very strong as a national association that the idea of ​​the electricity sector achieving net zero carbon emissions by 2035 cannot happen without seriously compromising the reliability of the electricity grid,” Matheson said during the USEA Virtual Event.

With demand for electricity soaring, always-on generation – nuclear, natural gas or coal – must remain a critical part of the generation portfolio to ensure a reliable and affordable electricity supply. Intermittent renewables alone won’t be enough to do the job, he said.

“We’re concerned about reliability,” Matheson said. “You need to have resources that are always available and dispatchable to maintain the network. It cannot be 100% intermediate resources and work.

Also, it will take much longer to build transmission and other infrastructure to tap low-emission energy resources, he said.

“The location of a transmission line is really difficult,” he said.

Matheson praised Congress for its recent passage of the Inflation Reduction Act with direct incentives and the infrastructure law 2021 with financing provisions that will provide “significant opportunities for electricity cooperatives to access funds to make real investments in their systems”.

“These pieces of legislation have helped level the playing field and given more opportunities to cooperatives,” he said.

David Naylor, President of Rayburn Country Electric Cooperativea Rockwall, Texas-based generation and transmission wholesaler also attended the USEA event and noted that “our members drive a lot of what we do.”

“As we contemplate the transition, you know it’s not just about the merchandise itself,” Naylor said. “What is this value proposition for this member, the consumer at the end of the line? Because that is ultimately what drives us. We have to be able to show that we bring value to these people.

Cathy Cash is a writer for NRECA.

OnePlus is launching a new smartphone program that will benefit us all

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OnePlus today unveiled a new take-back initiative that taps into the company’s community spirit and aims to benefit everyone. When a customer in Europe or the UK trades in their smartphone for a new OnePlus handset, the company plants a new tree.

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It’s a step towards mitigating the effect of the consumer electronics industry on the planet and is being done in conjunction with Ecologi, a climate action organization. Ecologi recognizes that the electronics industry still has work to do, he said: “It’s great to see OnePlus taking significant steps to reduce the environmental impact of its products through its take-back program, while supporting reforestation projects. Given its global presence and vast customer base, we hope OnePlus can serve as an example to other companies in the industry, inspiring them to join the collective fight against climate change.

Last year, OnePlus North America planted trees for a week in April to celebrate Earth Day and offered to plant a tree for every tweet with a relevant hashtag or planted two trees to share nature photos . This latest promotion focuses on Europe and the UK

Lest you think helping a worthy cause like planting trees means you’re running out of money on your next phone, don’t worry. The trade-in discount continues, including bonuses. For example, throughout this month an additional amount has been removed from the price of a OnePlus 10 T and a OnePlus 10 Pro in addition to the trade-in price of their phone. Currently, this additional amount is €200 (around $196), or £200 in the UK.

Other phones like the discounted OnePlus Nord 2T are also included in the tree planting program when you trade in your current phone.

Trade-in programs are useful, although it’s always worth checking the resale value of your phone in case you can save more money by selling it separately first. But the addition of knowing that a tree will be planted in what OnePlus calls “dedicated forest areas around the world” might be enough to pique your interest in this program.

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David Sequeira Obituary – Worcester Telegram & Gazette

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David Sequeira, 84, of Worcester, MA passed away peacefully at home on Wednesday, September 28, 2022. David had a long and courageous battle with Parkinson’s disease. He is survived by his devoted wife, Martha Westerlind. David was the loving father of David Sequeira Jr., Anthony Sequeira and his wife Joette, John Sequeira and his wife Sarah, Brian Sequeira and his wife Jennifer, Allison Sequeira and her fiancé Matthew Porcaro, and Amy Sequeira and her fiancé Aaron Doray, and the cherished grandfather of Annabella, Lucy and Arabelle. He also leaves a brother, Al Sequeira and his wife Alberta, a sister Evelyn Ciociolo, and many beloved nieces, nephews and cousins. Dave had a special and close relationship with the Westerlind family, especially Tanner, Riley, Brady, Dylan, Maddy, Kendall, Connor, Hailey and Ben. He was predeceased by his parents, Antonio and Antoinette (Folcarelli), and his siblings, Sal, Robert, Richard and Gina.

Born and raised in Worcester, Dave was a graduate of Worcester Boys Trade School. He worked as an independent general contractor before retiring. He enjoyed fishing, playing the lottery and singing, and was a founding member of Parkinson’s Chorus of Central MA.

Calling hours will be Thursday, October 6 from 5:00 p.m. to 7:00 p.m. at the MERCADANTE FUNERAL HOME & CHAPEL, 370 Plantation St, Worcester. Funeral Mass with military honors to follow will be held Friday, October 7 at 10:00 a.m. at Our Lady of Mount Carmel and Our Lady of Loreto Parish, 37 Massasoit Rd, Worcester.

In lieu of flowers, the family requests that memorial donations be made to Parkinson’s Chorus of Central MA (Parkinson’s Chorus of Central Massachusetts c/o First Congregational Church 19 Church Road Shrewsbury, MA 01545) or MA Parkinson’s APDA (American Parkinson Disease Association -Massachusetts Chapter, 85 East Concord St., Ground Floor, Boston, MA 02118)

To leave a note of condolence for the family, please visit www.MercadanteFuneral.com

Posted on September 30, 2022

Posted in Worcester Telegram & Gazette

The Florida home insurance market was a mess before Ian. It’s about to get worse

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By Chris Isidore, CNN Business

Florida homeowners have faced an expensive and difficult market for homeowners insurance before Hurricane Ian. The devastating storm is about to make matters worse – even for those lucky enough to escape it all damage.

For the better part of two decades, the nation’s major insurers have wanted to have as little to do with Florida as possible, at least when it comes to insuring homes.

This left the market in the hands of small national insurers with limited resources. Six of those companies have been declared insolvent this year, even before Ian. And homeowners in the state were already paying nearly triple the national average for insurance — $4,231 per year per policy, compared to a U.S. average of $1,544, according to data from the Insurance Information Institute.

Domestic insurers may be reluctant to compete for business in Florida due to hurricane and tropical storm risks, said Matthew Carletti, insurance industry analyst for JMP Securities.

“When was the last time you had a $30-40 billion loss in Illinois? he said. “Never.”

Climate change and increased vulnerability to storms are only part of the problem. The insurance industry also blames Florida’s “tort” laws, which it says encourage far more lawsuits against insurers than in other states, of driving up costs.

“There were 116,000 real estate claims lawsuits in 2021. We’re on track to have 130,000 this year, even ahead of Ian,” said Florida-based III spokesman Mark Friedlander. “In other states, you might only see a few hundred. California, which is much larger, had 3,500 last year.

The Florida Litigators’ Professional Group says the problem is not the number of lawsuits, but a lack of proper regulation. Rates have continued to rise even as the Florida legislature passed new restrictions on lawsuits, and they say the state lets the industry decide the rates and amount of coverage offered.

“Florida Insurance Commissioner David Altameir handed them documents in the form of rate increases and changes that reduce coverage to the bare minimum for policyholders in the interest of preserving industry profits. insurance,” said Amy Boggs, property insurance division manager. of the Florida Bar Association. “With Hurricane Ian battering Floridians, policyholders have a weaker and more difficult to use insurance product. This storm will expose the true effect of declining insurance proceeds in Florida.

The public insurer is no longer a “last resort”

Florida’s largest home insurer is a state-owned company, Citizens Property Insurance Corp., which was established in 2002 as an insurer of last resort for those who could not find coverage in the private market. It has seen its number of policies more than double in the past two years, to 1.1 million, or 13% of the state market. The company’s market share is even larger in some large counties — 39% of policies in Miami-Dade and 36% in Monroe County, which includes the Florida Keys. Pinellas County, home of St. Petersburg, which was hit hard by Ian, has 27% of its policies with citizens.

“It’s not what ‘insurer of last resort’ is supposed to be,” Carletti said.

State Farm only covers 8% of the Florida home insurance market, and no other major national insurer has more than 4%. This is only a fraction of their share of the state auto insurance market, where the top five national insurers issue about 75% of policies.

Citizens says it believes it has the resources to pay expected claims for Ian’s damages. If these claims exceed its resources, the company can add ratings that could increase premiums for all of its customers, and then, if necessary, place additional ratings on all insurance customers statewide.

But if the other financially troubled insurers based in the state also have problems paying Ian’s claims, some could spiral into insolvency. This is a serious concern given the financial state of the industry in Florida.

“No matter how big the storm, it’s going to be a problem because they’re already on shaky ground,” Carletti said on Wednesday, just before Ian landed.

Homeowners whose insurers are declared insolvent have their claims transferred to the Florida Insurance Guaranty Association, which backs claims the same way the FDIC insures deposits at failed banks. But it could also increase the cost of insurance for customers of all other insurers in the state.

Flood damage is not covered by homeowners policies

One way homeowners in Florida are no different than those in other states is that floodwater damage is not covered by homeowners insurance. Such complaints should be filed with the National Flood Insurance Programa federal insurer operated by FEMA.

Florida has far more homes covered by NFIP than any other state — nearly two out of three such policies written nationwide, the III’s Friedlander said. But that’s still only about 13% of homes in Florida.

Most homeowners only get flood insurance if they live in a designated floodplain and their mortgage lender requires it, so few residents get it unless they are required to. TO DO.

There are growing concerns that excessive rains and heavy storm surges from Ian could cause flooding in many areas that are not designated as floodplains.

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New Yorkers Majority Support Project for New Belmont

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We Are NY Horse Racing, a coalition of small businesses, unions, nonprofits and trade associations, today released a survey which revealed that 68% of voters statewide and 75% of voters on Long Island support using the state’s bonding authority to build new horse racing facilities in Belmont Park. Additionally, according to the poll, New Yorkers view horse racing favorably by a 3-to-1 margin and widely recognize the sport’s importance as a driver of New York State’s economy.

In 2022, legislation (S09022/A10101) was introduced for the first time that would allow the New York Racing Association, Inc. (NYRA) to fund the upgrade of Belmont Park through government guaranteed bonds, marking a watershed moment for the decades-long effort to re-imagine Belmont. The coalition plans to build on this success moving forward.

Formed in September 2021, the more than 50 members of We Are NY Horse Racing have engaged in dialogue with lawmakers, participated in legislative hearings, and hosted grassroots events to educate and inform the public about the impact horse racing has on the world. economy of New York. In 2022, the coalition expanded its efforts by launching a series of broadcast, cable and digital advertisements highlighting the dedicated and diverse group of individuals able to support their families through horse racing success in New York City.

Today’s announcement marks another milestone for the coalition, which is launching a full-fledged campaign to secure the necessary approval to fund the construction of a new Belmont Park.

“The construction of a new Belmont Park will create jobs for New Yorkers, expand economic opportunities on Long Island and boost tourism throughout the region,” said We Are NY Horse Racing spokesman Jack Sterne. Coalition. “That’s why New Yorkers here on Long Island and across the state overwhelmingly support this transformative economic development project. This year, our coalition is ready to criss-cross New York City to make the case that a new Belmont Park is a victory for our economy, for our state, and for all New Yorkers.”

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“From laborers to security guards, from small businesses in Nassau County to upstate farms, the economic impact of horse racing is enormous, especially on Long Island – and New Yorkers are taking notice,” said Luis Vazquez, president and CEO of the Long Island Hispanic Chamber of Commerce and member of the We Are NY Horse Racing Coalition. “Three-quarters of Long Islanders support the construction of a new, state-of-the-art Belmont Park because it would generate more jobs, more tax revenue, and more economic activity for Nassau County. This goal is within reach. hand – and our coalition stands ready to advocate directly with lawmakers during this session.”

Horse racing in New York State is responsible for 19,000 jobs and more than $3 billion in annual economic impact. While these benefits reach every corner of the state, they are most felt in areas surrounding race tracks, including Belmont Park in Nassau County, Aqueduct Racetrack in Queens, and Saratoga Race Course in Saratoga County. . Since 2012, NYRA has paid $180 million in taxes and fees to the State and New York City, while the Saratoga Summer Meet generates nearly $240 million in annual economic impact and is a critically important to the upstate tourism and hospitality sectors. This year, the Saratoga summer meet marked the seventh consecutive year with paid attendance exceeding one million.

To secure the future of the sport in New York, NYRA plans to build a modernized grandstand at Belmont Park that would transform the facility into a world-class destination, drawing tourism to Long Island for decades to come. To fund this redevelopment project, the New York State Legislature must approve bonding authority for the NYRA – importantly, the NYRA would be responsible for all debt service obligations on the bonds and no taxpayer funds would not be used for the project. In fact, taxpayers would gain in value because NYRA would spend its own funds to upgrade state-owned Belmont Park.

The poll found that a super majority of voters (68%) support legislation to grant that bonding authority to the NYRA so it can upgrade Belmont Park on Long Island. Democrats (70%) and Republicans (70%) support the legislation equally, and support for Long Island is nearly a 5-to-1 margin (75% support to 16% opposition).
Other survey results include:

* New Yorkers have a favorable opinion of horse racing – voters’ opinion of horse racing is favorable by a margin of 3 to 1 (51% favorable to 17% unfavorable), with the margin in Long Island doubling to 6 to 1. 1 (66% in favor to 11% against).

* Voters want the state government to recognize the importance of sports – the vast majority of New Yorkers (74%) believe it is “important” for the New York state government to recognize the importance of horse racing, with stable support from both Democrats (75%) and Republicans (78%).

* New Yorkers understand the economic impact of sport – three in four voters (75%) agreed that horse racing supports thousands of jobs and 72% agreed that sport supports the economies surrounding racetracks.

The poll was conducted by Global Strategy Group (GSG) in June and July 2022. GSG conducted a survey to examine public perceptions among 1,141 New York voters statewide, with a margin of error of 3 .5%. The polling sample included an oversample of 100 registered Long Island voters. To view the full survey memo, click here.

This press release has not been edited by BloodHorse. If you have any questions, please contact the organization that produced the release.

New foreign trade policy will be released by next fiscal year: Piyush Goyal

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NEW DELHI: Commerce Minister Piyush Goyal said on Thursday that the new foreign trade policy will be issued by the next financial year. It comes after the ministry postponed the release of the policy citing uncertainty in global trade.

The export promotion councils wanted the foreign trade policy to be aligned with the next fiscal year and they wanted more time to make presentations for the inclusion of certain aspects in the new policy for consideration by the government, the minister added. .

“With several industry bodies debating outlines and preparing for the next FTP which was due to launch on September 29th, all speculation and proposed courses of action will now be postponed for a further 6 months as the validity of FTP media is extended to March 31, 2023.

For the service sector which provided for some benefits instead of the SEIS program in the new FTP, the wait seems to continue,” said Abhishek Jain, Indirect Tax Partner, KPMG in India.

“Government wants to break down silos and work with Export Promotion Councils (EPCs) and all other stakeholders and play the role of a non-intrusive facilitator,” he reiterated, adding that the service sector he had set an export target of $350 billion, that he was on track to achieve it.

He also urged tEPCs to consider exploring new markets such as South America and Africa.

Speaking at an industry event organized by the Services Export Promotion Council (SEPC), Goyal reiterated that subsidies make the industry uncompetitive and that the government’s subsidy strategy is focused on the poor and needy.

He urged the UPCE to relentlessly pursue ambitious goals and said those goals would not be affected by small grants and incentives.

Citing the example of the LED lighting revolution in India, Goyal said the first step that ensured the success of the initiative was the removal of subsidies.

Goyal stressed that the government is responsive to the demands of all service sector stakeholders and in all FTA negotiations in India, it has focused on securing better market access for the sector. national services.

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The Toledo Technology Academy prepares the teaching of electric vehicles

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With GM’s plan to invest $760 million in electrical manufacturing, the school wants to make sure its students can get in on the ground floor.

TOLEDO, Ohio — General Motors announced last Friday that it will invest $760 million in its Toledo Propulsions Systems plant on Alexis Road to produce drive units for electric vehicles.

The goal is to put Toledo on the path to a future in electric vehicle manufacturing.

Local trade schools, like the Toledo Technology Academy of Engineering, are adapting to prepare their students for the emerging industry.

While the school had electric vehicle clubs for 20 years, now they focus more on technology than ever and ensure that their curriculum gives their students hands-on learning to get started in the evolving Toledo market. , such as inside the school’s engineering and technology wing.

Inside the large workshop, a group of busy seniors are working on their latest project: a robotic arm.

The school emphasizes that students are comfortable working with electronics and electrical manufacturing. Vice-Principal David Volk said the school’s mission is to keep abreast of the needs of a future workforce.

“It was only natural for us to develop this,” Volk said. “It’s going to make it even more relevant for us to have a trained workforce that knows everything about electric vehicles.”

And that kind of learning happens in other areas, like the school’s automotive engineering club. Students take gas-powered vehicles and equip them with electric batteries. Senior Drew Baumgartner said it gives students like him valuable hands-on experience in electric vehicles.

“You don’t get that in a normal high school, or even half of that,” Baumgartner said.

The school recently received a $1.2 million federal grant specifically for teaching electric vehicles. It will be used to revamp an entire section of their building to focus exclusively on manufacturing electric vehicles. Senior Jacob Havlind won’t be at the academy when he’s ready, but said he’s excited about the new chapter regardless.

“It’s exciting to know that more kids will learn about electric vehicles and how they work and that awareness will spread about electric vehicles because they are the future,” Havlind said.

Volk said he expects the school’s new wing to open in 2024 at the earliest.

The academy also has plans for more electric vehicle programming starting this year, details of which will be unveiled at the school’s open house on October 6.

RELATED: States Get Final Approval to Build Highway Electric Vehicle Charging Network

RELATED: As GM Transitions to ‘The Future of All Electric Vehicles,’ What Does It Mean for Jeep? Local political leaders provide insight

KY sets records for bourbon barrels

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The number of barrels of bourbon in Kentucky hit a record 11.4 million earlier this year, according to the Kentucky Distillers Association (KDA), a non-profit trade association.

It comes as the state’s distillation industry marked its fourth consecutive year of filling more than two million barrels.

Including other aging spirits, the state’s total inventory is now nearly 12 million barrels.

Kentucky bourbon has experienced phenomenal growth since the turn of the century. Production has skyrocketed 475% since 1999, according to KDA research. The state’s aging bourbon inventory has more than tripled during this time, while the assessed value of all barrels is now $5.2 billion, an increase of $780 million from 2021.

The new production numbers are based on reported inventory as of January 1, 2022, submitted to the Kentucky Department of Revenue for tax purposes. Figures include all Kentucky distilleries:

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  • Total barrels of bourbon: 11,406,135
  • Number of bourbon casks filled in 2021: 2,619,633
  • Total inventory including bourbon and other spirits: 11,982,965
  • Assessed value of all barrels for tax purposes: $5,207,221,744

The Bluegrass State continues to benefit from this brown spirits boom. The movement now injects $9 billion annually into the Kentucky economy, supports more than 22,500 jobs with an annual payroll exceeding $1.2 billion per year, and attracts millions of tourists from around the world to the experiences of the Kentucky Bourbon Trail.

However, the number of Kentucky distilleries has not matched this growth. Year-to-date, Kentucky has fallen to 12th in the nation for the number of distillation operations, according to federal statistics from the Tax & Trade Bureau (TTB). Today there are more than 2,300 distilleries in all 50 states. Kentucky has less than 100.

Over the past year, Kentucky ranked 29th in the nation for the rate of adding new distilleries.

Kentucky’s share of distilleries nationwide has fallen from a high of 24% to just 6%, according to the KDA. Kentucky’s percentage of distilling jobs has dropped from 43% to just 30%, even though the state makes 95% of the world’s bourbon.

State industry officials point out that Kentucky’s taxes are holding back growth. To fill those two million barrels, distilleries paid $40 million in discriminatory barrel taxes, the highest amount in history. The assessed value of all barrels in the state also hit a record high this year of $5.2 billion.

“We are thrilled that our local and historic industry continues to thrive, but these numbers could have been much higher if Kentucky did not have a major barrier to entry for new distilleries in the form of this barrel tax. “, says Eric Gregory, president of the KDA. “We are only asking to be treated like every other manufacturer in Kentucky – and perhaps the world – whose products are not taxed during the production process. Barrel taxes stifle growth, penalize success, and compromise the state’s ability to attract new distillers to the birthplace of bourbon.

“Now is the time for solutions. We must protect our dominance from distillation. The future is in our hands,” he adds. “It is essential that distillers, community partners and elected officials work together to attract more distillers and investment to the Commonwealth, because there will come a day – hopefully not in our lifetime – when bourbon will not be as popular as it is right now.”

Featured photo by Josh Collesano on Unsplash.

WTO joins FIFA in African project despite controversy in Qatar

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GENEVA (AP) — The head of the World Trade Organization said on Tuesday that the benefits of working with FIFA to create more jobs in Africa outweighed concerns over controversies surrounding Qatar, which hosts the World Cup. football world this year.

Qatar has come under scrutiny and fierce criticism for its treatment of migrant workers who have been brought in over the past decade to construct tens of billions of dollars worth of construction projects ahead of the tournament, which begins in November.

“Yes, there may have been controversies and we don’t shy away from that,” WTO Director-General Ngozi Okonjo-Iweala said while welcoming FIFA President Gianni Infantino, at an event in Geneva.

The former Nigerian finance minister noted that “no one stopped the World Cup and said it wouldn’t happen.”

“I think the balance of thought is if we want the whole world to come to this place for this World Cup, regardless of the controversies, and we have a chance to make it all benefit the poor countries through trade, we will take that,” Okonjo-Iweala said.

She acknowledged that Qatar was a “very active” member of the WTO, before concluding that the benefit of its partnership with FIFA was worth the risk.

The WTO and FIFA hope that cotton-producing countries in West Africa can secure a greater share of trade and manufacturing jobs for the global football industry.

Infantino and Okonjo-Iweala put the annual economic value of sport at $268 billion, which is similar to the GDP of a top 50 country like New Zealand.

“Football is a big driver in terms of all kinds of goods and services,” the WTO leader said. “How to exploit the commercial part of it?”

She cited the “Cotton-4” group of nations – founded as Benin, Burkina Faso, Chad and Mali – which could benefit from the partnership. None of these countries’ national teams have ever qualified for a men’s World Cup.

“It could create so many jobs, so much income, uplift women, uplift young people,” Okonjo-Iweala said.

Infantino said one of FIFA’s goals was “to bring a lot of hope but also a lot of work and opportunity to many people around the world”.

The event moderator asked him if Qatar was a controversial choice to host the World Cup.

“Thanks to the spotlight of football, a lot has changed in Qatar,” Infantino said, referring to labor and human rights.

A campaign launched last week by eight of the 13 European teams qualified to play in Qatar aims to pressure FIFA into allowing its captains to wear armbands with a multicolored heart-shaped logo. This is part of the Dutch “One Love” project which supports diversity and LGBT+ rights. Homosexual acts are illegal in Qatar, but the host country has promised that all visiting fans will be welcome.

“Things still have to change but a process has started,” Infantino said of Qatar. “I’m happy to take all the criticism from everyone for whatever, as long as we can have a small, small concrete, real positive impact.”

___

More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

Vietnam fights for foreign investors

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Authors: John Walsh, Krirk University, Trung Quang Nguyen and Burkhard Schrage, RMIT Vietnam

Foreign direct investment in Vietnam continues to increase from $11.57 billion in July to $12.8 billion in August 2022, signaling the country’s post-COVID-19 recovery. This growth is partly due to Hanoi’s continued efforts to provide a safe and welcoming environment for foreign businesses through Special Economic Zones (SEZs) – ensuring businesses have access to local labor under favorable conditions. .

There is a new impetus to invest in Vietnam due to the disruption of supply chains due to China’s zero COVID-19 policy, the threat of Chinese aggression towards Taiwan, and Beijing’s strengthening ties with Russia. Taiwanese electronics manufacturing giant Foxconn plans to expand its presence in the country, with the first ever Apple Watch and MacBook manufacturing project in Vietnam. Yet South Korea remains the country’s largest investor and Samsung Electronics remains its most important trading partner.

Companies are expected to show interest in Vietnam now that the government is preparing “eagles nests” – SEZs in which to do business is easier for foreign companies. This will help address Vietnam’s overreliance on China for imports and the United States for exports. The diversification will improve Vietnam’s large trade imbalance with Washington after recording a trade surplus of US$69.7 billion in goods with the United States in 2020 – a figure that exceeds that of its neighbours.

Companies arriving in Vietnam can expect to find hardworking, cheap labor and an increasingly high standard of living for their international executives, especially in Hanoi and Ho Chi Minh City. Vietnam still struggles to find skilled workers in a country where parents want their children to attend university rather than vocational school. There is also a lack of good quality small and medium enterprises to join Vietnam’s supply chains, infrastructure outside major cities is often of poor quality and air pollution kills thousands of people each year. .

Despite these challenges, the Vietnamese government has pledged to make many eye-catching promises regarding digitalization, technology and innovation and to achieve net zero emissions. But it is unclear whether these promises can be kept within the desired timeframe.

Vietnam’s connectivity with other countries stems from its desire to become a more active global citizen. Although it started the connectivity process later than its ASEAN neighbours, Vietnam is catching up with its neighbors in the number of free trade agreements it has signed. Hanoi has joined almost all bilateral, multilateral and transnational organizations and agreements to which it is eligible.

Vietnam’s drive to boost connectivity is also about national security. Engaging with other nations enables Vietnam to conduct complex negotiations on issues for which international law is not yet sufficient, such as river management and rights to deep water resources and territory. Vietnam’s vast diaspora provides another form of global connectivity, although there are often complicated political differences between those living inside and outside the country.

Despite Vietnam’s success in attracting investment, it will always have limited capacity to absorb infrastructure and trade projects. Vietnam faces competition from other countries trying to attract their own foreign investment. Countries like the Philippines, Indonesia, and Bangladesh also have a large labor force, which provides them with competitiveness through low labor costs.

Vietnam’s SEZ-style approach has succeeded in lifting hundreds of millions of people out of poverty in China. It refers to designating specific areas of land in which the legal conditions are different from those in the country of origin – usually those that benefit foreign capital over local labor. These areas have better infrastructure, utilities and telecommunications and include retail, leisure and healthcare facilities tailored to business owners. SEZs bring together foreign direct investment projects, allowing companies to reduce transaction costs by working together and sharing complementary resources and capabilities. SEZ-related incentives encourage companies to obtain specific rather than general benefits.

The Vietnamese government is also quite consistent in enforcing the rule of law. Investors know what to expect given that the current political system looks set to continue for the foreseeable future. But the government must take immediate action to ensure high-quality public services for businesses and citizens. The lack of technical capacity of many government employees remains problematic and the government’s ambitious cyber and digitization strategies have yet to fully materialize.

The government has taken steps to improve the quality of skills and qualifications of the workforce, especially in STEM disciplines. Foreign universities are encouraged to open courses to enhance local management, creativity and innovation. Skills development will make it easier for locals to obtain work from foreign companies, encouraging some to start their own business ventures to participate in regional and global value chains. Fostering the growth of these companies is important because, despite corporate governance reforms, Vietnamese companies rarely offer meaningful competition to foreign companies.

The measures implemented by the Vietnamese government have been successful over the past decades, although climate change raises concerns about the economic sustainability of its development model. Hanoi is committed to using the fruits of foreign investment to improve social development and equality, but the speed at which this happens remains problematic.

A new model of public administration is needed to attract and retain talented people in the civil service to help Vietnam meet the complex political and economic challenges of the future.

John Walsh is Associate Dean and Director of English Language Programs at the International College of Krirk University, Thailand.

Trung Quang Nguyen is director of the management department of RMIT University of Vietnam.

Burkhard Schrage is a senior program manager in the management discipline at RMIT Vietnam University.

University adds third high-performance computing system to on-campus research data center

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A new high-performance computing (HPC) system that can do in seconds what would take your laptop hours or days is now online at Idaho State University.

Research Data Center staff recently activated Ragnarok, the facility’s latest HPC system. Ragnarok has eight Nivida RTX 3090 graphics processing units. Graphics processing units are specialized computer processors used to accelerate graphics rendering. Comparing Ragnarok to the average mainstream gaming laptop, Ragnarok has eight times the graphics processing power and is designed for a level of graphics computing that mainstream PCs lack.

“Idaho State researchers can use Ragnarok for many graphics-intensive processes, such as processing bare ground or canopy images collected using Lidar, data collected from drone flights , etc,” said Kindra Blair, Idaho State’s research systems administrator. “Future research could include work with neural networks and other machine learning algorithms.”

Ragnarok is one of four HPC systems available to researchers in the state of Idaho. He joins Minerva and Thorshammer; all housed on the Pocatello campus. Dustin McNulty, professor and chair of the physics department, used Minerva for particle physics and optics simulations. Using data from the simulations helped McNulty and his students develop new particle detection systems. The particle detectors have been used in nuclear physics experiments at ISU’s own Idaho Accelerator Center and around the world at the Thomas Jefferson National Accelerator Facility in Virginia, the Stanford Linear Accelerator Center in California, and the Mainzer Microtron facility. in Germany.

“I use high performance computing resources in almost every aspect of my research,” McNulty said. “Whether we’re designing a unique sensing system or trying to understand a physical or natural process, we set up and run detailed HPC simulations. Simulations give us a wealth of information, give more accurate predictions than traditional calculations, and really speed up our entire research process.

Meanwhile, Kathryn Turner, an assistant professor of biological sciences, and her students are using Thorshammer to help them analyze how populations of a plant species are related and how populations can spread across the landscape. Thorshammer is allowing them to develop a reference genome – a database of DNA sequences representative of the gene set of an idealized individual organism of a species – for the invasive weed, blue mustard. In addition to invasive weeds, Turner is also conducting similar studies on important native species such as greater sagebrush.

“Thorshammer and other high-performance computing resources are essential for the type of genomic analyzes we perform,” Turner said. “The datasets used in these analyzes are often hundreds of gigabytes in size and far, far too large to run on desktop computers. They would crash or take months to run. If we didn’t have Thorshammer, we would have had to find those kinds of resources elsewhere, which would most likely mean paying for it from scarce grant resources and competing for computer access.

The fourth, Falcon, located at the Idaho National Laboratory Collaborative Computing Center in Idaho Falls and connected to ISU via the Idaho Regional Optical Network. Falcon is billed as “one of the nation’s fastest university supercomputers” and “was ranked 97th on the world’s fastest supercomputers list when it was first rolled out in 2014.” according to a press release from the INL. Falcon was updated in 2017 and can perform a quadrillion – 1,000,000,000,000,000 – calculations per second.

“Falcon has been used by academic researchers since its inception, but the unique collaboration between Idaho’s three major research universities and focus on academic research allows many more researchers to use this system,” said said Michael Ennis, High Performance Computing Solutions Architect at State of Idaho. “Combining the graphics capabilities of Ragnarok with the extended computing power of Falcon and our other high-performance computers gives a huge boost to ISU’s research computing capabilities.”

For more details, visit the Idaho State University Research Data Center website.

“I don’t see immediate opportunities for Moldavian apples in Western Europe, but I do see some for stone fruits”

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This time we hear someone in Western Europe talking about Moldavian history, in which, until now, only the locals have had a say. We looked for a producer/distributor who knew this region of South-Eastern Europe, its culture and especially the fruit sector of this little Ukrainian neighbour. Tony Derwael, owner of Bel’Export, corresponds to this bill. “I’ve been there more than once. I wanted to set up something to export to Russia, but in the end it didn’t happen,” Tony explains of his connection to Moldova.

Bel’Export is a Belgian growing and trading company that focuses on the best fruit – 30 million kg of pears and 15 million kg of apples pass through the processing lines of its packing plant each year. It too was hit hard when, on August 7, 2014, Russia imposed an embargo on European fruit, meat, fish and dairy products.

Russia has long been the most important market for Moldovan fruit, but according to Tony, growers and exporters from Moldova have always kept an eye on the Western European market. “Sometimes we had to import plums in particular, and they manage to fill this gap. This product is of excellent quality.

Few Moldovan apples on the EU market
“Apples are another story. Moldavian apples may taste delicious, but I see little opportunity for them in the Western European market. First, the competition from Poland is too fierce. This country has a huge supply and can also offer the product A trip from Moldova to here easily costs €5,000, or €0.25/kg, while you can get Polish Galas in duty free for €0.40 /kg. In comparison, French Galas trade between €0.80 and €0.90. Once maritime transport from the Black Sea resumes, one has to wonder whether transport by refrigerated containers – still three times cheaper than road transport – could offer an opportunity for Moldovan fruit exports to Western Europe.

Local for local: protectionism?
However, Moldova should not only compete with cheaper Polish products; it is also confronted – as indicated in previous articles – with the prestige enjoyed by products from Western and Southern Europe. “The supermarkets here carry Galas, but they invariably come from France or Italy,” says Tony. In this sense, the preference of EU consumers for local culture – for various reasons; sustainability being the main one – also indicates a form of real or implicit protectionism. “France and Germany, the largest markets in Western Europe, will only import products when they no longer have their own stock.”

This self-preservation was evident by mid-June. Members of the Association Nationale Pommes Poires (ANPP) and the Fédération Nationale de la Pêche en France (FNPF) spoke out against what was then still a European Commission proposal to double duty-free quotas from seven Moldovan horticultural products, including apples. These French associations have not called into question the admirable intention of this approach (support for the Moldovan economy affected by the war in Ukraine). Still, they warned that the European market, especially the apple market, could destabilize.

“I don’t support protectionism; I believe in free trade and I want to include Moldovan producers in it. But I don’t think the increased quotas will help them export more apples to Western and Northern Europe anytime soon. It is also because there is little market here for their varieties. They grow very little Jonagold, while Belgians are still very fond of this apple 40 years later. They don’t have Elstar, to which the Dutch and Germans are attached. They have other varieties, often newer than us. By the way, Belgium must prepare to exchange the Jonagold for another apple. This strain is nearing its sell-by date, while Elstar still has years ahead of it in the Netherlands and Germany.

Romania, Middle East and India
“So what does Moldova have to offer? Braeburn and Gala, for example, or Fuji. I see definite opportunities in the UK and Romania, Moldova’s big western neighbour, where people speak the same language. In this sense, doubling the quotas could prove useful, even if Romania, with its 19 million inhabitants, is not exactly the largest market either.”

Tony understands that Moldovan producers are talking about the Middle East. “I can actually see the salvation there. This market is quite large (57.6 million inhabitants in 2021 according to World Bank figures, if we add up potential markets like Israel, Saudi Arabia, Qatar and the populations of the United Arab Emirates – ed.), and the varieties that Moldova has to offer are popular there. There is some competition from South Africa and the United States”

“But I think Moldova has a competitive advantage in terms of transport times and prices. I even think the European government could be helpful. They could follow the example of the programs that USAID has successfully implemented. for decades in the former eastern bloc countries, including Moldova, through the industry association Moldova Fruct. Now that would be helpful. Moldova even has an advantage over us in the Middle East because we don’t have not the varieties for export to the Arabian Peninsula Elstar and Jonagold are just plain sweet.

“Dark red varieties can go to India. I helped some Moldovan producers by sending them contact information. India has plenty of apples, but they are not self-sufficient. They produce about as much as the EU as a whole, but they have a lot more people living there (according to World Bank data, last year the EU had 447 million people and l India 1.393 billion; three times more – editor’s note). Egypt is also an option, and I think the Moldovan government is trying to tap into that market. Although Poland, with its huge harvest of apples, is also there.

Egypt – with a population of 104 million according to the World Bank – is by no means a small market; however, since this spring, fruit exports to the North African country have become more difficult. Due to the shortage of foreign currencies – lira euros and dollars – on March 1, 2022, the Central Bank of Egypt imposed restrictive payment rules on March 1, 2022. This affects many imports. The goal is to spend the available currency only on basic goods such as wheat and medicine.

Fantastically good wine (and grapes)
Tony doesn’t see Western Europe as an immediate selling market for cherries – “their climate means their cherries are a few sizes smaller than what our market requires” – he praises the flavor of their grapes and of a by-product: wine. “Moldovan wine is fantastic, which makes sense when you have such delicious grapes. It is a region that receives the most sunshine in Europe. They should take into account the requirements of the European market and react accordingly. Why not grow blueberries and other soft fruits? “

Turkey in competition
Moldova must strive to access markets and build a reputation as competition intensifies. And even if Russia reopens, the export potential will be more limited – Russia is developing its own culture and other countries like Turkey are gaining more market share. “Turkey is winning in several markets. It will be a competition for Moldova, as it will be for us. In Russia, Turkey has already won part of our old share, and I think that now they will fill the void left by the recent embargo on Moldovan fruit.”

Bad reactions in 2014
Tony wants to conclude by returning to the events of 2014, following the annexation of Crimea and the subsequent mutual sanctions between Europe and Russia. “Europe now realizes that it made a mistake by not taking tough action against the Kremlin. If we had reacted more decisively, the Russian regime might not have dared to invade Ukraine. In this sense, it turns out that we fruit growers also reacted incorrectly. The European Commission should have temporarily compensated the fruit growers, which it did not do. They let the producers down. They apparently couldn’t afford to help, but the pandemic has proven that when politicians want it, they can find sufficient resources,” Tony concludes.

For more information:
Tony Derwael
Bel’Export
2 Neremstraat
3840 Borgloon (Belgium)
Tel: +32 (0)12 67 10 50
Mobile +32 (0) 475 723 022
Email: [email protected]
Website: www.belexport.com

New foreign trade policy should make it easier to export from India: PHD Chamber

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Bengaluru: The industry expects the upcoming foreign trade policy to strengthen trade facilitation measures, provide a simpler duty exemption regime and reintroduce a government service export promotion regime. export earnings, as “education, healthcare, financial and tourism services hold immense potential to increase India’s share in global services exports”. The one-year foreign trade policy is expected to be announced on September 30. “The next Foreign Trade Policy (FTP) should be key in defining the strategy for India to capture a significant share of the global economic system in the context of the changing global supply. – Chains, trade and investment dynamics, said Pradeep Multani, President, PHDCCI.The industry body has been pushing for the identification and promotion of potential products from specific districts.He also suggested a simpler duty exemption modeled on the IGCR (import of goods at a preferential rate of duty) under Section 25 of the Customs Act, where self-declaration is invoked with some supervision.” If this is difficult, PHDCCI had suggested and given a detailed presentation for the simplification of the current duty exemption scheme itself where details of exports and imports do not need to be given at the beginning. This will simplify the process and could greatly help the country’s manufacturers to compete internationally,” Multani added. He also expects the discontinued services export incentive scheme to be reformed to cater for specific sectors like travel and tourism, as well as those that provide services in host countries against international competition such as construction, etc. 1.5% to offset upstream taxes on pharmaceuticals and promote local manufacturing. “The new foreign trade policy should lay out strategies to diversify our export product portfolio in terms of more countries and also in terms of more products, where India has core competence,” Multani said. We believe that the new Foreign Trade Policy (2022-2027) will give new impetus by addressing the critical areas that need utmost attention to make India’s foreign trade more competitive, Multani added.

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MDOT Secretary recruits colleges and trade schools to help Marylanders pursue career opportunities

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HANNOVER, MD (September 22, 2022) – Maryland has a world-class transportation system built and maintained by countless employees who have honed their skills through apprenticeships, internships, and trade schools.

At a Skilled Trades Partnership event hosted Thursday by the Maryland Department of Transportation (MDOT), Secretary James F. Ports, Jr., told representatives from community colleges, trade schools and vocational programs high school students that their institutions are key to providing the job skills for MDOT’s future.

Today, Secretary Ports said, MDOT has hundreds of skilled worker positions available for mechanics, electricians, carpenters, masons, plumbers, HVAC technicians, aircraft maintenance workers and others. He said there were more openings at MDOT than people to fill them.

“I know the importance of our skilled trades, and I know it’s possible to start in a skilled position and progress,” Secretary Ports said. “In all honesty, my mission is to connect and partner with skilled trades educators to train the next generation of MDOT employees.”

The Skilled Trades Partnering Event, held at MDOT Headquarters in Hannover, was an opportunity for MDOT to work with organizations involved in workforce development to connect and share ideas on how to partner to place students in MDOT positions. Secretary Ports called on institutions to focus on training young men and women to meet the growing demand for MDOT and help them discover careers with competitive salaries and benefits including health coverage, retirement, vacation paid, reimbursement of tuition fees, etc.

Secretary Ports said trends affecting agencies and industries across the country — including turnover, early retirement, increased competition and the pandemic-spurred “big quit” — have heightened the need to recruit and train new workers.

“We are ready to do our part to build a skilled and productive workforce by working with all of you to close the skilled trades gap,” Secretary Ports said. “Let’s work together to help you grow your business, increase registrations and attract more young adults to the skilled trades.

?MDOT has several existing apprenticeship and internship programs, including the MDOT Scholars Program at the University of Maryland at Baltimore County and the Morgan State University Graduate School Internship Program. Learn more about these two programs here. In addition, MDOT State Highway Administration runs a student internship program in fields ranging from engineering and construction to data analytics and environmental science. Each summer, MDOT Maryland Aviation Administration hosts a ticketed event Summer Youth Initiative Baltimore Youth Internship at Thurgood Marshall International Airport in Baltimore/Washington.

For more information about career opportunities in MDOT’s business units, including skilled trades, engineering, IT, and entry-level positions, visit the MDOT Careers page at ‘address mdot.maryland.gov/tso/pages/Index.aspx?PageId=3.

Organizations wishing to discuss potential partnerships with apprentices and interns can contact MDOT Director of Human Resources Judy Slater at [email protected].

“I’ve always been a big proponent of apprenticeship programs and internships to build the workforce of tomorrow,” said Secretary Ports, who shared his own story of a career that began in the trades as a steam fitter and gas fitter at BGE, and how that experience unfolded a foundation that served him in positions at the local, state, and federal levels.

The secretary touted the successes of several other MDOT employees who started with internships or business programs and launched successful careers — from the qualified MDOT Maryland Transit Administration bus repairman who started as a high school intern to the student who entered a construction internship and is now executive director of the Maryland Transportation Authority (MDTA).

This executive director of MDTA is Will Pines, a student at the University of Maryland, in 2003 when he accepted an internship with MDOT SHA and worked on a highway construction project. Eighteen years later, he was appointed to the executive position of MDTA, guiding an agency with an annual budget of more than $380 million and a six-year capital program of $2.6 billion.

“This internship was a great experience and gave me insight into what I wanted to do and what I could accomplish,” said general manager Pines. “The work was interesting, challenging and really important – and that’s what I wanted in a career.”

Secretary Ports said his story and work experience are just two of many examples of Marylanders. They have found rewarding careers while improving their lives, their families and their communities.

“Whether you represent a trade school, community college, high school with vocational education, or other areas of workforce development, MDOT wants you to be part of our team,” Secretary Ports said. to those present. “Quite simply, once you train them, we hope to hire them.”


Magazine industry amid ‘death spiral’ over changing consumer habits, influx of woke politicians: experts

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NEWYou can now listen to Fox News articles!

There was a time when eagerly anticipating the arrival of the postman to drop off beloved periodicals was a key facet of American culture, but a shift in consumer habits and perceived liberal agendas have resulted in a “death spiral for the magazine industry,” according to media watchdogs. .

“What magazine industry? Twenty-five years ago, the big three were TIME, Newsweek, and US News. Today, one is gone, and the other two are uninspiring leftist rags that he’s best to use for lining parakeet cages,” said Media Research Center President Brent Bozell. Fox News Digital.

Indeed, the US News & World report ceased publishing hard copies, and essentially lost its relevance in the process, in 2010. TIME and Newsweek, on the other hand, are still around, but many consider them shells. themselves as their influence and place in the cultural zeitgeist diminishes.

VOGUE SAYS JILL BIDEN “FIRST LADY FOR US ALL” ON THE COVER: “A JOY MULTIPLIER

TIME, already known for its liberal leanings, has spent years poking fun at former President Trump with a variety of derogatory cover images showing everything from his melting face to his burning hair, towering over a migrant child and him drowning in the Oval Office. The same magazine mixed Trump’s face with that of Russian President Vladimir Putin before a summit between world leaders and later published a flattering image of President Biden wearing sunglasses before his meeting with Putin. Earlier this month, TIME was ridiculed when journalist Madeleine Carlisle interviewed Maia Kobabe about the controversy surrounding the ‘Gender Queer’ book and used the ‘pronouns e/em/eir’ to describe the author.

A change in consumer habits and the influx of a liberal agenda has led to a “death spiral for the magazine industry”, according to media watchdogs.
(TIME)

Fox News contributor Joe Concha was an avid TIME reader.

“I loved it, I was a bit of a jerk in my teens and twenties, but ‘man of the year’, they called him ‘man of the year’, actually I was looking forward to this and reading this particular profile word for word,” Concha told Fox News Digital.

TIME changed the once-high honor to Person of the Year in 1999 to be more inclusive, but Concha noticed other changes as well.

“Before it was much thicker,” he said. “What I remember the most, and now I see it, and it’s just a shell in itself, and I don’t even mean in terms of quantity, I mean in terms of quality. It went so far to the left.”

ALEXANDRIA OCASIO-CORTEZ MAKES UP FOR GQ MAGAZINE ARTICLE: “WAIT, WHAT?!”

TIME was widely mocked when the magazine unveiled its cover image ahead of the 2021 summit, showing a President Biden wearing sunglasses and Russian President Vladimir Putin, after the publication spent years publishing unflattering illustrations of former President Donald Trump.

TIME was widely mocked when the magazine unveiled its cover image ahead of the 2021 summit, showing a President Biden wearing sunglasses and Russian President Vladimir Putin, after the publication spent years publishing unflattering illustrations of former President Donald Trump.
(TIME)

Another magazine that shut down Concha over her politics is GQ, which hired former MSNBC host Keith Olbermann to host a series of far-left anti-Trump videos.

“It’s just completely derailed,” Concha said. “When you hire Keith Olbermann, that’s a problem, isn’t it?”

The magazine industry is even playing fashion favorites, as Melania Trump was snubbed to see ‘First Lady for All of Us’ Jill Biden land on the cover of Vogue, and GQ recently doted on rep Alexandria Ocasio-Cortez , DN.Y.

Concha is a sports fanatic, but thinks Sports Illustrated has also “woke up,” and he didn’t even notice when ESPN The Magazine stopped publishing in print in 2019.

“It’s a classic case of ‘Go wake up, go broke,'” he said.

CRITICS TIME FOR A MORE FAVORABLE PROFILE OF CHINESE PRESIDENT XI THAN TRUMP

A longtime media executive who spoke on condition of anonymity because of friends in the industry called the state of the magazines “very sad”.

“I love magazines, but it’s a depressing graveyard…no reason for them anymore,” the executive told Fox News Digital.

“While there are now some excellent, long-time talents, the best magazines are but a shadow of what they used to be. The New Yorker, once a must-read, is incredibly boring. Sometimes it there’s nothing good about a whole issue. Vanity Fair died waking up,” the executive continued. “Probably the best magazine right now, article for article, is the New York magazine, and I don’t know how long it will survive. It’s very sad.”

The once-prestigious Newsweek has been plagued with errors in recent years, changing 10 different stories in September 2022 alone, according to its own website. In August, Newsweek published over 30 corrections. The concerning trend has been an ongoing issue for the publication, which issued 26 corrections in July.

But not all magazines are losing their influence and importance simply because of woke politics or sloppy editing, as many companies have blamed a combination of COVID, poor ad sales or a pivot to content. digital for failing print publications.

“People just read stuff on phones in such a fast-food way. They get their news from Twitter or a Facebook post, and a lot of people just don’t have the patience to read the big, long profile or a news story or an investigative story,” Concha said. “So it’s as much about readers as it is about magazines…but there’s no turning back. It’s a death spiral for the magazine industry.”

A plethora of other magazines have closed their print editions in recent years, including EatingWell, Entertainment Weekly, Health, In Style, Martha Stewart Living, OK! Weekly, Parents and Fitness.

TIME MAGAZINE RIDICULATED FOR USING ‘Crazy’ PRONOUNS IN PLAY ABOUT ‘GENDER QUEER’ AUTHOR

“My philosophy has always been that when you’re done changing, you’re done,” Martha Stewart said earlier this year when it was announced that her magazine would go out of print so that resources could be allocated to its website. “As consumers continue to search digital platforms for information, I’m excited to make Martha.com the kind of digital e-commerce experience I’ve always wanted for my readers.”

Circulation for about 75 of America’s top magazines had fallen 9.1% in June 2021, compared to June 2022, according to Alliance for Audited Media, and that was just the drop from last year. The industry had already seen circulation erode over the past few decades as more and more news consumers found their information on the Internet.

Fourth Watch editor Steve Krakauer, a devoted media junkie, recently noted that New York magazine is the only print publication he still receives in the mail when covering a deep dive the publication took. in Hunter Biden’s infamous laptop. In the modern age, news-generating magazines are increasingly rare, but Krakauer thinks New York did it this month with “extensive and meticulous” coverage on the outrageous notebook.

Krakauer believes that “all of legacy media is struggling overall, for reasons both within and outside of his control”, and the magazine industry is no exception.

“In a way, the magazine industry is a victim of the overall shift in the habits of its audience – going digital and finding more specialized and niche avenues to get the information and entertainment they want and need. he needs,” Krakauer told Fox News Digital. “I used to subscribe to about five magazines and newspapers, now I get one in the mail.”

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Illinois signs $2.6 billion grain pact with Taiwan

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Taiwan has agreed to buy $2.6 billion worth of grain from Illinois farmers over the next two years.

A letter of intent from Taiwanese leaders to buy about $2 billion in soybeans and $600 million in corn in 2023 and 2024 was signed on Friday, according to an announcement by Governor JB Pritzker. The deal follows a two-year deal signed in 2019 for more than $2.2 billion in crop sales.

The letters commit Taiwan to purchase between 96 million and 107 million bushels of soybeans and 59 million bushels of corn, in addition to other corn by-products.

“Trade is vital to Illinois’ 43,000 soybean growers, with approximately 60% of the nearly 672 million bushels of Illinois-grown soybeans exported, worth an estimated $4 billion to $5 billion. said Steve Pitstick, president of the Illinois Soybean Association.

Pritzker, U.S. Senator Tammy Duckworth, representatives from the Taipei Economic and Cultural Office in Chicago, and the Taiwanese Ministry of Agriculture signed the letters of intent with the Illinois Corn Marketing Board, Illinois Soybean Association, Taiwan Feed Industry Association and the Taiwan Vegetable Oil Manufacturers Association.

Taiwan and Illinois have a long history of trade and agricultural partnership. Taiwan is Illinois’ second-largest corn trading partner and third-largest soybean buying partner.

“We are grateful for the unique relationship between Illinois and Taiwan soybean growers and look forward to working together to support global trade,” Pitstick said.

Mexico’s craft beer industry takes center stage in Cerveza Mexico

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MEXICO – Mexican craft beer consumption is on the rise across Mexico and beyond, thanks to ever-increasing quality and innovation in an industry that now accounts for one in 100 beers sold in the country. In fact, Cerveza México, the premier annual trade event for Mexico’s growing craft beer sector, expects a 50% increase in exhibitors for its 2022 edition, confirming the importance of a segment that is playing an increasingly important role in the industry as a set.

The event, which is also the scene of the annual Cerveza Cup competition for the best professional and amateur brewers, takes place at the World Trade Center in Mexico City from October 21 to 22 and is expected to attract a large number of national and international visitors. Unlike other industries that have been hit hard by the Covid-19 pandemic, the Mexican beer industry has flourished over the past two years, with Mexico selling nearly 5.5 million liters of beer between January and May 2021, an increase of almost 41%, according to Mexican national statistics agency INEGI.

According to Mexican beer association Acermex, the craft beer industry has seen particular growth, with independently produced beers accounting for about one in every 100 beers sold in Mexico in 2021. This is in part, according to the association , the result of consumption levels. which are now at a higher level than those observed before the pandemic.

Best of Show

The Cerveza México 2022 exhibition has two clear objectives, according to Marcos Gottfried, managing director of Tradex Exhibitions, the organization behind Cerveza México. “The objective of the exhibition is to strengthen the consolidation of the craft beer industry in Mexico, while supporting production through the parallel exhibition of suppliers and inputs, which will be held next to the main hall of Cerveza Mexico,” he said.

While the main exhibition area will focus on independent brands and innovations, the adjacent event will showcase the best suppliers of all the materials needed to brew perfect craft beer, from machinery and equipment to yeast, malt and beer. hops, as well as a wide range of bottle, cap and label manufacturers.

Quality and innovation

Although April 2021 was Tradex’s first beer industry event after the pandemic shutdown, Cerveza Mexico 2022 will host some 200 exhibitors and is expected to attract at least 15,000 visitors.

Gottfried attributed the anticipated increase in numbers to an increasingly confident Mexican craft beer industry, which is attracting more and more aficionados thanks to its quality and originality. He said: “We have seen growth year after year in the craft beer industry and this is due to dramatic improvement in product quality which is driving consumption and sales.”

With heavy consumption in metropolitan areas and tourist hubs, Gottfried predicts the sector will strengthen over the next few years, with interest in Mexican craft beer likely to grow both domestically and abroad. outside of Mexico. “I invite suppliers, retailers, importers and exporters to visit Cerveza Mexico to find out why Mexican craft beer is a product worth tasting,” he added.

Cerveza México will take place October 21-23, 2022 at the World Trade Center in Mexico City.

The parallel exhibition Cerveza México Suppliers and Inputs runs from October 21 to 22, 2022; also at the World Trade Center, Mexico City.





Governor Newsom issues legislative update 9.22.22

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Published:

SACRAMENTO — Governor Gavin Newsom today announced action on a number of bills, including AB 2097 by Assemblywoman Laura Friedman (D-Glendale).

This measure signed by the Governor will prohibit minimum parking requirements for new residential, commercial and other developments located near public transit to reduce vehicle emissions and promote denser, more affordable housing closer to everyday destinations. people.

Watch a video message from the governor on AB 2097 here.

A signature message can be found here.

The full list of bills the Governor announced signing can be found below:

  • AB 1636 by Assemblyman Dr. Akilah Weber (D-San Diego) – Physician’s and Surgeon’s Certificate: Registered Sex Offenders.
  • AB 1742 by Assemblyman Robert Rivas (D-Salinas) – California Cigarette Fire Safety and Firefighter Protection Act: Tobacco Master Settlement Agreement.
  • AB 1776 by Assemblyman James Gallagher (R-Yuba City) – Resource Conservation Districts: California Prompt Payment Act.
  • AB 1783 by Assemblyman Marc Levine (D-Marin County) – Lobbying: administrative actions.
  • AB 2048 by Congressman Miguel Santiago (D-Los Angeles) – Solid Waste: Franchise Agreements: Database.
  • AB 2057 by Assemblywoman Wendy Carrillo (D-Los Angeles) – Department of Transportation: Freight movement data.
  • AB 2097 by Assembly Member Laura Friedman (D-Glendale) – Types of residential, commercial or other development: parking requirements. A signature message can be found here.
  • AB 2271 by Assemblyman Mike Gipson (D-Carson) – Los Angeles County Metropolitan Transportation Authority: Contracts: Local Businesses.
  • AB 2298 by Assemblyman Chad Mayes (I-Rancho Mirage) – Recreational Water Use: Wave Pools.
  • AB 2503 by Assemblywoman Cristina Garcia (D-Bell Gardens) – Landlords and Tenants: California Law Revision Commission: study.
  • AB 2805 by Assembly Member Rebecca Bauer-Kahan (D-Orinda) – Department of Fish and Wildlife: Advancing Regional Mitigation and Conservation Investment Strategies.
  • AB 2912 by Assemblyman Marc Berman (D-Menlo Park) – Consumer Warranties.
  • AB 2973 by Higher Education Commission – Post-Secondary Education: Omnibus Bill.
  • SB 450 by Sen. Robert Hertzberg (D-Van Nuys) – Fire Protection: District Fire Response Special Fund: Office of Emergency Services.
  • SB 559 by Senator Melissa Hurtado (D-Sanger) – Tribal Game: Compact Ratification.
  • SB 793 by Sen. Scott Wiener (D-San Francisco) – Alcoholic Beverages: Concert Hall Licensing.
  • SB 856 by Sen. Bill Dodd (D-Napa) – Wild Pigs: Validations.
  • SB 910 by Senator Melissa Hurtado (D-Sanger) – Tribal Game: Compact Ratification.
  • SB 945 by Senator John Laird (D-Santa Cruz) – Falconry: American Peregrine Falcons.
  • SB 978 by Sen. Mike McGuire (D-Healdsburg) – Department of Recycling and Resource Recovery: Cleanup and Removal of Wildfire Debris: Contracts.
  • SB 1267 by Sen. Richard Pan (D-Sacramento) – Clinical Laboratories.
  • SB 1496 by the Governance and Finance Committee – Taxation: administration of taxes, fees and surcharges: insurance tax rates.

The Governor also vetoed the following bills:

  • AB 1078 by Assemblyman Jim Patterson (R-Fresno) – Energy: Building Standards: Photovoltaic Requirements. A veto message can be found here.
  • AB 2003 by Assemblyman Mike Fong (D-Alhambra) – California Workforce Development Board: Career Path Models. A veto message can be found here.
  • AB 2230 by Assemblyman Mike Gipson (D-Carson) – CalWORKs: Temporary Shelter and Permanent Housing Benefits. A veto message can be found here.
  • AB 2320 by Assembly Member Cristina Garcia (D-Bell Gardens) – Reproductive Health Care Pilot Program. A veto message can be found here.
  • AB 2550 by Assemblyman Dr. Joaquin Arambula (D-Fresno) – State Air Resources Board: San Joaquin Valley Air Pollution Control District: Not met. A veto message can be found here.
  • AB 2665 by Assemblywoman Wendy Carrillo (D-Los Angeles) – Child Welfare System: Racial Disparities. A veto message can be found here.
  • SB 834 by Sen. Scott Wiener (D-San Francisco) – Tax Exempt Status: Insurrection. A veto message can be found here.

For the full text of the bills, visit: http://leginfo.legislature.ca.gov.

###

Mass Ballot Question 2 Could Revise Dental Insurance Premiums

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Massachusetts residents can vote to eliminate potential administrative waste on their dental insurance premiums in a November referendum, but new analysis warns consumers won’t necessarily see a major impact – even if the issue succeeds at the polls .

Question 2 on the general election ballot asks if voters support requiring dental insurance companies to spend 83% of premiums on patient care, not on administrative expenses, taxes, or profits. If carriers are spending less than 83 cents on every dollar of monthly subscription premiums — a threshold known as the loss ratio — they must send rebates to insured individuals and groups.

But it’s difficult to assess whether the loss rate is set at the correct amount, as well as the impact it could have on dentists and patients, according to a report released Thursday by Jonathan M’s Center for State Policy Analysis. Tisch of Tufts University. College of Civil Life.

“This voting question is constructed on relatively thin information,” states the report shared with MassLive. “It is unclear whether dental insurers are currently close or far from the proposed 83% requirement. Indeed, there is no clear basis for the 83% figure, and imposing it would make us the only state with a fixed loss ratio for dental insurance.

  • Read more: Will Millionaires’ Tax on November Ballot Help Mass. Residents? It depends, a new report finds

In other words, the report posits that there could be “relatively small results” or “potentially more substantial” and dramatic results from the referendum, depending on the validity of the scant research to date.

The updated dental insurance provision would come into effect in January 2024.

The report, which does not take a position for or against the question of the vote, notes that the establishment of a dental loss ratio echoes a common standard for medical insurance. In Massachusetts, medical insurers must meet an 85% or 88% ratio, but they also have more flexibility than dental insurers would have to comply with state regulations.

High medical insurance premiums are also based on higher risk calculations, unlike cheaper dental insurance premiums which take into account lower risks and stricter “use limits”.

“In developing loss ratios for medical insurance, legislators and regulators have been guided by extensive information about market dynamics and the financial health of insurers,” the report said. “There is no similar information on the current finances of Massachusetts dental insurers. a relevant study distributed uses sound methods, but was commissioned by a national professional group for dental insurers.

The study, commissioned by the National Association of Dental Plans, found that most major insurance plans are already in the rough referendum phase, with their loss rates hovering around 80%. To add 3 percentage points, insurers would have to cut monthly premiums or streamline operations to reduce administrative costs or profits, according to the Tufts report.

In another option, insurers could pay more for dental claims, such as allowing dentists to charge more for their procedures. This, in effect, may give dentists greater bargaining power as insurers simultaneously scramble to meet their new loss ratio requirement.

But it could also encourage patients to pay more for their dental care.

  • Read more: To be eligible for the mass tax refund, you must meet this upcoming deadline

“One reason is that most dental insurance includes fairly high coinsurance rates, where the patient pays a percentage of the total cost,” the report says. “Another is that with higher prices, more patients will reach their annual maximum – and will have to pay for any additional care with their own money.”

The report mitigates this scenario, however, by predicting that price increases “should be limited.” The referendum vote “is unlikely to trigger the kind of big premium cuts that could make insurance more affordable,” the report said.

A voter information guide from Secretary of State Bill Galvin’s office contains a more stern warning about the ballot issue. An opposing view from Louis Rizoli of the Committee to Protect Public Access to Quality Dental Care claims that thousands of Bay Staters would lose their dental insurance.

“With consumer prices soaring, we don’t need new regulation that will increase costs and reduce choice,” Rizoli wrote.

Still, the voting issue could spur a more transparent insurance market, paving the way for “more deliberate policy adjustments in the future,” the report says. Dental plans should comply with regular reporting requirements, such as disclosing their claims ratio and administrative expenses to the Commissioner of the Massachusetts Division of Insurance.

  • Read more: Healey puts the rent and housing crisis at the center of his campaign for governor of Mass.

The Dental Insurance Quality Committee, which supports the ballot issue, said Delta Dental paid $382 million in bonuses, commissions and payments to executives in 2019 in Massachusetts, while spending $177 million in patient care, according to the state’s voter information guide.

If the ballot question passes, the Massachusetts legislature could adjust the loss rate and manage its implementation, perhaps rolling out a phased approach to reach 83%.

“If voters reject this ballot question, the status quo will continue, meaning dental insurance companies will maintain their current balance of premiums and prices,” the report said. “At the same time, there will be no reporting changes or general improvement in our knowledge of the underlying finances of Massachusetts dental insurers.”

Sensex, Nifty Trade Flat in volatile session; Tata Motors, Kotak Bank and IndusInd Bank are the main losers

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The Nikkei fell 1.4% while the Hang Seng fell 1.3%. The Shanghai Composite is trading down 0.6%.

Wall Street indices ended lower on Tuesday as the eve of a US Federal Reserve meeting that is expected to lead to another big hike in interest rates provided further evidence of the impact on US businesses of the inflation that the US central bank wants to control.

The Dow Jones rose 1% while the tech-heavy Nasdaq ended down 1%.

At home, Indian stock markets are trading on a negative note. Benchmarks opened on a negative note following the trend on SGX Nifty.

Currently, the BSE Sensex is trading down 123 points. Meanwhile, the NSE Nifty is trading down 38 points.

HUL and Dr. Reddy’s Laboratories are among the top winners today.

IndusInd Bank and Infosys are among the big losers today.

The broader markets are trading on a negative note. The BSE Mid Cap Index and the BSE Small Cap Index are both trading down 0.2%.

Sector indices are trading on a mixed note, with shares in the FMCG sector showing buying interest. Among the best FMCG stocks in India, Marico and Adani Wilmar lead with gains of 2%.

Meanwhile, IT and energy stocks are seeing the most sell-off.

Gujarat Fluorochemicals and Page Industries hit their highest level in 52 weeks today.

In commodity markets, gold prices are falling. Today, gold prices are trading lower than 41. Currently, gold prices are trading at 49,134 for 10 grams.

The rupee is trading at 79.8 against the US dollar.

In travel and tourism industry news, Indian Hotels (IHCL) signs another hotel in Dharamshala.

The hotel group announced on September 20 the signing of its second hotel in Dharamshala, Himachal Pradesh, under the SeleQtions brand.

With the addition of this hotel, IHCL will have three all-brand hotels in Himachal Pradesh, two of which are under development.

A franchised hotel under management with Sohum Hotels & Resorts, the operational hotel will be rebranded under the IHCL SeleQtions brand.

Note that the travel and tourism industry has been one of the hardest hit industries during the Covid-19 period. Some stocks in the sector have fallen nearly 70% in less than two months.

However, in 2022, the Covid-19 situation has subsided and hotel stocks are starting to rise again.

The biggest winner of this unlock theme was IHCL. In 2022, it made gains of 80%.

Show full picture

Outstanding performance of Indian hotels since the beginning of the year (Equitymaster)

Taking advantage of the change in scenario, all major companies presented their growth plans. Many are talking about getting out of debt by 2025 and adding lots of rooms.

It remains to be seen how the above developments play out.

Turning to news from the agricultural sector, an individual sold a large part of the shares of Best Agrolife.

Raj Kumar on Tuesday sold a 3.3% stake in Best Agrolife for more than 980 m through open market transactions.

Quant Mutual Fund acquired 5 lakh shares of the company on NSE and BSE. The other buyers have not been identified.

In the June quarter, Raj Kumar held a 16.6% stake in the company, according to shareholding data with exchanges.

Looks like investors in Best Agrolife are rolling in cash because the share price also saw a big rally earlier this month when ace investor Ashish Kacholia bought shares in this small-scale agrochemical stock. capitalization.

Also, in automotive news, Hero MotoCorp is taking another step into the electric vehicle (EV) space.

Hero MotoCorp and Hindustan Petroleum Corporation (HPCL) announced on Tuesday that they have collaborated to set up electric vehicle (EV) charging infrastructure in the country.

Under the initiative, the companies will set up charging infrastructure for two-wheeled electric vehicles across the country, kickstarting the transition from mass mobility to an electrified future.

The two companies will first establish charging infrastructure on HPCL’s existing network of national energy stations, with the likelihood of expanding the collaboration later for additional business opportunities.

In the first phase, charging stations will be installed in selected cities, which will then be expanded to other key markets with the aim of establishing a high-density network of electric vehicle charging stations across the country.

Hero MotoCorp will lead the development of the charging network infrastructure. Each charging station will feature multiple smart and fast chargers, including DC and AC chargers that will be available for all two-wheeled electric vehicles.

The entire user charging experience will be controlled by a Hero MotoCorp mobile app based on a cashless transaction model, he said.

Disclaimer: This article is for information only. This is not a stock recommendation and should not be treated as such..

This article is syndicated from Equitymaster.com

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What is a 529 Education Savings Plan?

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How to choose a 529 plan?

Step 1: Assess your state tax benefit.

A majority of states offer a state tax benefit if you invest in your state-sponsored plan. Depending on the amount of your contributions, your income level, and the generosity of the state tax benefit (some states have relatively low limits on how much of your contribution you can deduct), you can choose the your state’s plan, even if it’s not highly rated or has slightly higher fees. Since each family’s situation is different, it may be useful to consult a tax professional to determine the value of this benefit.

Step 2: Use Morningstar to compare plans.

Morningstar rates approximately 60 plans, which represent more than 95% of all assets invested in 529 savings plans.

Of these plans, in 2021, 32 received a recommended rating in the form of a Gold, Silver or Bronze Morningstar Analyst Rating. These Morningstar Medalist plans offer investment options that we believe will outperform and have a combination of the following attractive features:

  • A well-documented asset allocation approach.
  • A robust process for selecting the underlying investments.
  • An appropriate menu of options to meet the needs of investors.
  • Strong state and investment manager oversight.
  • Minimal fees.

In our Morningstar 529 reports, we highlight the pros and cons of each plan’s investment options. This includes an assessment of the asset manager or investment advisor (such as Vanguard, TIAA-CREF, or Wilshire), the asset allocation process, and the quality of fund options.

Morningstar also provides additional information about each plan, such as details on different investment options, including asset allocation and performance, state tax benefits, and fees.

Commerce lacks intelligence resources to prevent US tech from fueling Chinese cyber threat, experts warn

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Written by Suzanne Smalley

The Commerce Department unit that approves exports of sensitive technology to the United States lacks the intelligence resources to fully realize the national security implications of selling advanced equipment and software to China, officials said. several experts and a former agency manager told CyberScoop.

These critics are particularly alarmed by the high percentage of technology approved for the Chinese market and question whether the Bureau of Industry and Security has the personnel and connections to the intelligence community to carry out its mission of safeguarding the national security of the United States and the protection of economic interests.

Last year, for example, BIS approved 86% of all technology export licenses, which a number of experts say is far too high given the national security issues at stake, as many technologies have potential military uses. And several experts have estimated that the unit has approved about 90% of all export licenses for technology sales to China over the past decade.

“They could use better intelligence, there’s no doubt about that,” Derek Scissors, senior research fellow at the American Enterprise Institute, told CyberScoop. “They didn’t make the transition to China being a national security issue.”

The Biden administration recently made a series of policy decisions aimed at protecting US national security in response to what it describes as the growing technological and cybersecurity threat posed by China. Last month, the administration signed legislation that earmarks $50 billion to support the expansion of U.S. semiconductor chip manufacturing to reduce U.S. reliance on Chinese-made chips. . Reuters reported last Thursday that the White House will expand bans on US exports of semiconductors used to advance artificial intelligence technology and chip-making equipment next month.

But critics say the BIS is a weak link in US efforts to compete with China on technologies such as artificial intelligence, chipmaking and other core technologies that also play a fundamental role in national security. . “The weaker our industries – semiconductors, telecommunications, critical minerals and rare earth elements, high capacity batteries, pharmaceuticals and medical equipment – the more our national security is threatened,” said Nazak Nikakhtar, former BRI chief, in June during a Senate Intelligence Committee hearing.

Nikakhtar, who now leads the national security practice at law firm Wiley Rein, told lawmakers that the trade has ignored the threat posed by China for too long, leading to “vulnerabilities in the supply chain on hundreds of critical products, ranging from the manufacture of semiconductors and electronics to the development of active pharmaceutical ingredients.

She testified that as the former head of the Commerce Department’s Committee on Foreign Investment in the United States, which screens foreign investment for national security reasons, her team was “completely in the dark, our community of Intelligence didn’t have adequate information, and I was frequently in the office until three in the morning using whatever open source information I could to get the ultimate beneficial owner.

The message from critics that the BRI needs to strengthen its intelligence capabilities has led to action in Congress. The The Intelligence Authorization Act 2023 includes a provision for the Director of National Intelligence to implement a pilot program to “assess the feasibility and desirability of providing the Department of Commerce with intelligence drawn from open source, publicly available and commercially available information to support export control and investment screening functions of the ministry”. “The layout should pass.

A spokesman for Senate Intelligence Committee Chairman Mark Warner, D-Va., said the committee added the provision to enhance intelligence support for business activities “essential to the states’ economic and national security.” States, such as export controls and the Entity List”.

The BRI also recognized that it needed to increase its staff. Its leaders recently asked Congress for nearly $200 million in discretionary spending and 593 positions to achieve its goals, according to his budget request for fiscal year 2023. The office currently employs 448 people, with nearly all of them working on export administration and enforcement.

Still, BRI defended its current work and told CyberScoop that it already works closely with the intelligence community, including through “direct access” to its information.

“As the threat environment has evolved with respect to nation-state threats, new technologies, and a growing range of contested areas, we are constantly working to strengthen these relationships, bring in additional resources, and leverage all sources of information to meet our critical and expanding mission,” Commerce Undersecretary for Industry and Security Alan Estevez said in a statement to CyberScoop.

A Commerce Department spokesperson pointed to the Office of the Director of National Intelligence’s pilot project as an example of the agency’s work to bolster intelligence-gathering efforts. The ODNI declined to comment because legislation creating the pilot program with BRI has not yet been passed.

But critics say just looking at the number of BIS-approved technology exports is alarming. The United States exported $125 billion worth of goods to China in 2020 and BRI officials demanded a license for less than half a percent, according to a Wall Street Journal analysis of Commerce Department data. Of that fraction, the agency approved 94%, or 2,652, of the applications it received for technology exports to China that year, the Journal reported. (Some experts say that since companies typically don’t apply for licenses when they know they’re going to be rejected, the data shows an artificially high number of approvals).

Kevin Wolf, an attorney at Akin, Gump, Strauss, Hauer & Feld, led BIS for seven years under the Obama administration and said the agency needed to act more aggressively than in the past.

“Export controls need to be thought about and used more broadly than has traditionally been the case in response to China’s goals of acquiring and using technology,” Wolf told CyberScoop, arguing for substantial funding increases. “I don’t think it’s really a debate anymore.”

But Wolf said it would be important to manage that change in partnership with U.S. allies, a process he said will take time and a lot of effort. Even once there is more funding, it can be difficult to find subject matter and technology experts to do the necessary analysis, he said.

Other analysts have pointed out that the BIS needs more Chinese language experts. “For BIS, both in terms of enforcement and new registrations, a lack of Chinese language capabilities can really hamper investigations,” Emily Weinstein, a researcher at the Center for Security and Emerging Technologies, said via email. of Georgetown.

Overall, the Commerce Department’s role in the national security bureaucracy is “probably still opaque to much of the IC,” said Gavin Wilde, a former National Security Agency official. who is now a senior fellow at the Carnegie Endowment for International Peace. “As the administration increasingly relies on the BRI to counter and compete with its adversaries, it would make sense to deliberately enhance Commerce’s stature and presence as an IC partner and consumer, in addition to suspects usual.”

Jon Bateman, another senior fellow at Carnegie, said that today trade and the BRI are more central to US foreign policy than ever before.

“If we accept that China is a key competing great power and the main bilateral challenge, and a lot of that challenge is about this complicated economic relationship and this technological competition that cuts across the military dimension, the economic dimension and the informational dimension “, did he declare. , “one could argue that the BRI is at the center of US foreign policy, decision-making, and action.”

Thailand’s pet food producers are on a mission to please pet owners and “pet parents”

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BANGKOK, September 20, 2022 /PRNewswire/ — Today, a growing global trend sees pet owners becoming “pet parents” and treating their dogs and cats as part of the family. Gone are the days of keeping a pet outdoors and feeding it scraps of food. For the pet food industry, the change has a major impact, and Thailandas the world’s cuisine, helps meet the needs of “pet parents”, according to an industry group.

As consumers become more aware of what they eat, the same awareness applies to their pets. Instead of staple foods, they now demand more nutritional value and compliance with safety standards for their pets. As “humanizing pets” becomes an emerging trend, it’s no surprise to see plant-based, organic, and even vegan pet food products on the market.

Thailand is the world’s third largest pet food exporter in 2021 with an export value of over 65 billion bahtan increase of 27% over the previous year, according to the Thai Pet Food Trade Association (TPFA). Thailand the top 5 pet food export markets are the United States, Japan, Italy, Malaysia and Australiawhile Asian neighbors such as India, Indonesia and Laos see growing demand. The steady growth of Thai pet food exports is accelerating in 2022 with a 43% increase in the first 7 months.

The abundance of agricultural products in Thailandmeans that 95% of the raw materials used in pet food are locally sourced, supporting the country’s status as a production hub, according to TPFA.

“Our strengths also stem from the long-standing experience and reputation in the production of canned tuna, which can be extended to the manufacture of wet pet food,” said Dr. Chanintr Chalisarapong, President of TPFA.

Thai manufacturers of pet food brands include Perfect Companion Group’s SmartHeart and Me-O brands, Asian Sea’s Monchou brand, Charoen Pokphand Foods’ JerHigh and Jinny brands, and Thai Union’s ChangeTer brand. Thailand competitiveness has also attracted many international pet food brands to establish production bases here, such as Mars Petcare, Nestle Purina, Pedigree and Tiki.

To meet the demand of pet owners, manufacturers are emphasizing the production of pet foods that, in terms of safety, variety and dietary values, are similar to human grade foods. . Demand is also growing for innovative products such as prescription foods and supplements for treating pet health issues, such as heart, lung and kidney disease, TPFA said.

“Customer confidence in the quality and safety standards of our manufacturers, combined with product diversification, innovation and continuous development contribute to Thailand competitive advantage in the global pet food market,” Chalisarapong said.

The global pet food market is expected to register a CAGR of 4.6% from 2022 to 2027, according to Mordor Intelligence. As the number of households with pets continues to rise globally, pet food manufacturers are sure to stay on top of helping pet parents take the best care of their babies at fur.

Photo – https://mma.prnewswire.com/media/1895254/Thai_pet_food_offers_myriad_choices_filled_appetizing_nutritious_contents.jpg

SOURCE DITP

Emirates News Agency – ISO 2022 annual meeting in UAE focuses on boosting global trade, economies and climate action

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ABU DHABI, 19th September, 2022 (WAM) — The UAE Ministry of Industry and Advanced Technology (MoIAT) is hosting the 2022 Annual Meeting of the International Organization for Standardization (ISO) this week, which kicked off Monday at ADNOC business center in Abu Dhabi, under the theme “Collaborating for Good”.

The event runs from September 19 to 23 and will see the participation of more than 5,000 delegates, including government officials and representatives of national standards bodies, as well as experts and technicians from more than 120 countries.

Through this event, the UAE seeks to increase exports and boost climate action by strengthening collaboration with standards bodies around the world as the country pursues its goal of becoming a global industrial hub.

Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, opened the ISO annual meeting. Ulrika Francke, ISO President, and Sergio Mujica, ISO Secretary-General, also delivered opening addresses.

In his keynote address, Al Suwaidi highlighted how supporting the global standardization agenda and aligning with international standards promotes business growth and boosts international trade.

“This week’s meeting is vital not only for the global industrial ecosystem, but for trade and economies more broadly. Standardization supports the global economy and builds confidence in international trade. But standards also support the goals sustainable development, and ISO and its members are committed to boosting climate action. Together, we aim to push economic and trade relations to new heights, positioning the United Arab Emirates as an international hub for climate change. industry, commerce and business.

He continued, “The ministry is mandated to empower the industrial sector and increase its contribution to the national GDP. This role includes boosting exports by taking advantage of the UAE’s strategic geographical location, world-class infrastructure and logistics capabilities.Last year, industrial exports amounted to approximately $31.6 billion, representing a significant share of the industrial sector’s contribution to GDP.Our robust exports reflect the quality infrastructure system of efficiency of the UAE, including our work to align with international standards and strengthen compliance.

He added: “This annual meeting will undoubtedly help shape the future direction of quality infrastructure systems – not just here in the UAE, but around the world. By collaborating and innovating, and being bold and creative in our thinking, we can leverage our combined abilities to enhance business growth, industrial development and global trade.Through insight-driven sessions, we can expect productive exchanges of knowledge and experience. between government agencies, advisory committees, international standards bodies and private sector partners.

Ms. Francke said: “The past year has shown that sustainable and green growth is high on the global agenda. The value and relevance of standards in this regard is increasingly recognized, but we still have work to do.

In conclusion, she said, “In the spirit of collaboration that underpins everything ISO does, we are meeting this week to find solutions. I have seen firsthand how standards shape our world. It takes collaborative leadership, consensus on standards and regulations, established policies, and great initiative to solve global problems.”

Throughout the event, delegates will participate in specialized sessions and workshops designed to facilitate the conversations that will shape the future of standardization. Monday’s first session was “Developing Standards for the ‘New Normal’ and the London Declaration”. The conversation built on the declaration made in 2021, which aims to support climate action through global standards.

One session, “Innovation for Transformative Climate Solutions,” brought together leading climate experts to share ideas and design climate solutions in a spirit of collaboration. Another session, “Coherence in the International Standardization System”, addressed global challenges facing the global standardization community.

Delegates will continue to engage in workshops and conversations this week around a wide range of standards-related topics, including everything from trade and digitalization to food security and water scarcity.

Several UAE government officials, private sector representatives and experts will participate in these sessions alongside MoIAT participants, including Al Suwaidi and Dr. Farah Ali Al-Zarouni, Deputy Undersecretary for Standards and regulations to the Ministry of Industry and Advanced Technology.

In addition to physically and virtually bringing together officials and international experts, the annual ISO meeting will see the signing of several MoUs between MoIAT and various other national standards bodies.

Major UAE companies and institutions are sponsoring the meeting, including Emirates Steel, Emirates Global Aluminium, Al-Futtaim Group, Etihad Aviation Group, Multinational Companies Business Group (MCBG) and Abu Dhabi Department of Energy.

Based in Geneva, Switzerland, ISO has 167 member countries and more than 340 technical committees. It connects the public and private sectors to advance the quality infrastructure ecosystem, with representatives from 123 members and 31 observer countries attending its annual meetings.

The Greater Denfeld Foundation thrives after 50 years

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Peyton Bradbury, left, received a Marie V. Saltwick Fellowship and the Greater Denfeld Foundation Health Sciences Award at Denfeld Honors Night in May. He is in the nursing program at Umass Boston. Xander Schroeder, right, received an Armond Hauge Fellowship, a Greater Denfeld Foundation Award and the Matt Kero #4 Memorial Fellowship. He is studying computer science at the University of Minnesota Duluth.

West Duluth public school students pursuing post-secondary education have found a wealth of scholarships available over the past few decades. All of this is due to the groundwork laid 50 years ago and the generosity of generations of Denfeld High School graduates.

The Greater Denfeld Foundation has been reducing the financial burden on Denfeld students since 1972 and has become one of the nation’s largest public scholarship funds. It currently manages more than $8 million in assets according to board chairman Gary Eckenberg, a 1968 Denfeld graduate. More than $2 million in scholarships have been awarded to date.

How did the foundation of a small public high school in northern Minnesota rack up so much money? The answer is small contributions from many people and large contributions from two unlikely former millionaires.

The Greater Denfeld Foundation was formed in 1971 by a group of Denfeld employees and alumni. The school had previously established scholarship funds to honor two teachers – Leona Thomey, who died in a military plane crash in 1945, and Lenore Snodgrass, who died in 1953 – but the funds eventually ran out.

The Greater Denfeld Foundation was established to distribute a few one-time $150 scholarships beginning in 1972. Its original goal was to raise $250,000 in scholarship assets, and after 29 years of modest growth, the foundation had 175,000 $ in bank. In 2001, a pair of major gifts over a five-year period from two esteemed Denfeld alumni expanded the foundation’s financial assets, far exceeding its original fundraising goal and making it the scholarship powerhouse of studies that she is today.

Mary Saltwick

The first major gift came in 2001 after the death of Marie Saltwick, a 1925 Denfeld graduate and distinguished teacher who spent 40 years teaching biology in the school’s historic building, retiring in 1971 as the Greater Denfeld Foundation was forming. She served on the board for about a decade.

As a retired teacher who never married, Saltwick was not considered someone who could have hidden wealth. However, she was supposed to be a savvy investor and led a modest life. A particularly good stock tip from Denfeld Group professor Lloyd Swartley reportedly led Saltwick to invest in Polaroid Corp. at an opportune time, leading to his fortune.

She bequeathed the colossal sum of $2.7 million to the foundation. There was more to come.

Armond Hauge

Armond Hauge graduated from Denfeld in 1946. Like Saltwick, he was an unlikely millionaire. He worked as an auto mechanic at Sterling Motors, which later became Ryland Ford. But he also had a talent for real estate and stock market investments.

After his death in 2006, his estate of $3.2 million was bequeathed to the foundation to create a new scholarship fund. He valued hard work and maintained an unwavering work ethic even as a young child – he started working when he was 6 years old and his employer gave him a bike five years later to never miss a day of work. With that in mind, its scholarship fund is for students who demonstrate a commitment to hard work during their high school years.

A lasting legacy

The Greater Denfeld Foundation scholarship funds are managed by the US bank’s wealth management department, and members of the foundation’s board meet with the bank quarterly to discuss the financial health of scholarship recipients. funds. Jerry Zanko, a former chairman of the foundation who sits on the scholarship committee, said the foundation was instructed not to spend the principal of the funds, and because of that, donations from Saltwick and Hauge will help send students from Denfeld in college forever.

“[The funds] are in good hands,” Zanko said. “We would like to give away more money than we do, but it’s not sustainable.”

At Denfeld Honors Night in the spring of 2022, the foundation donated $151,158 to Denfeld seniors. Thirty-five students received the Armond Hauge Scholarship, worth $3,000 renewable for four years, and 15 received the Marie Saltwick Scholarship, also worth $3,000 renewable for four years.

Assuming all Hauge and Saltwick scholarships are renewed for all four years, the total amount awarded to the Class of 2022 will be $511,158. Eighteen other scholarships of varying amounts were awarded through 13 other scholarships administered by the foundation, all of which are one-time annual awards with their own criteria for things like academic performance, financial need, planned academic major and even extracurricular interest.

“Looking at the graduates and what they’ve been through, the economic challenges and two years of covid, it’s inspiring to see how many talented and dedicated students there are,” Zanko said. “The average scholarship candidate, whether wealthy or not, exhibits the same drive and determination, and that’s inspiring.”

A few million more

An additional scholarship fund of note for Denfeld students is the Jack Moon Scholarship, established in 2005 for Denfeld graduates interested in pursuing a career. It is named after John Wallace “Jack” Moon, a lawyer and prominent real estate investor in Duluth, who graduated from Denfeld in 1946. He died in a car accident in 2001 and left a sum of money in his will to create a scholarship fund. for Denfeld graduates.

Not affiliated with the Greater Denfeld Foundation, the Jack Moon Foundation began distributing scholarships in 2005 and today has assets worth $4.5 million. The foundation awards up to $4,000 annually to selected graduates who intend to study at a trade school or technical college in Minnesota, Wisconsin, or Michigan.

Multi-generational connection

The number of individual awards and the amount of money available to Denfeld students are the work of generous contributions from Denfeld alumni, but the Greater Denfeld Foundation does not actively solicit donations. People came forward independently with a sincere desire to bequeath, Zanko said. To date, the scholarship committee is in talks with several individuals who wish to make a significant contribution to the foundation.

Denfeld alumni’s enthusiastic desire to give back to their alma mater lends credence to the positive effect the school has had on many students over several generations. Eckenberg attributes positive alumni engagement in part to respect for the teaching staff, many of whom, like Marie Saltwick, have been committed to the school and its students for 30 to 40 years.

Likewise, he believes that the multi-generational connection that many students and staff have with the school is one of the main reasons many choose to give back to it.

Denfeld – originally called Duluth Industrial High School – was founded in 1905. The current building was constructed in 1926, and it has been a West Duluth educational landmark ever since. Thousands of students have graduated from high school there, and many of them weren’t the first or last in their families to walk its halls and end up signing their names in the clock tower in as graduates.

“There is a commitment to the school not only from the children, but it has been passed on to them by generations of parents. My dad was a Denfeld graduate and I had teachers he had, and they were wonderful. Eckenberg said. His two daughters also attended Denfeld. “The continuity is intense, there’s just such a connection to this school.”


Jayden Erie is a graduate of Denfeld and the recipient of the Armond Hauge Scholarship for the Class of 2020. He is entering his freshman year at Illinois Wesleyan University.

InterCHARM Korea 2022 Unveils South Korea’s Largest Beauty Business Platform

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LOS ANGELES, CA, Sept. 18, 2022 /24-7PressRelease/ — InterCHARM Korea, South Korea’s largest beauty business platform, will be held for three days from September 21-23 at Coex, Seoul.

The 2021 edition was held during the COVID-19 pandemic and over 12,900 unique buyers from over 20 countries participated in-person and remotely.

InterCHARM Korea covers all sectors of the beauty industry, including cosmetics, perfumery, OEM/ODM, private label, hair care, packaging, professional beauty, salon equipment, medical beauty, semi-permanent products, eyelashes and nails.

The predominant part of the 2021 edition was that the show successfully ran as a hybrid show, meaning additional advanced online programs were launched at the same time.

In particular, online meetings have been organized in collaboration with the Korea International Trade Association (KITA) to help Korean SMEs maximize their exports despite the current COVID-19 pandemic crisis. Around 12,900 buyers from more than 30 countries participated both physically and remotely. A contract amount of $7.2 million was generated.

A live trading program has also been set up for exhibitors. Well-known Korean local influencers attended the show and streamed the channels live onsite to help exhibitors maximize their brands/products to promote to more customers who attended the show remotely.

In addition, the seminar programs provided the global beauty market trends and insights, entering global market strategy, global e-commerce trend live and guidance for practical use of big data in the industry beauty, etc

More than 30,000 beauty industry buyers and consumers visit the show every year, and InterCHARM Korea has become the largest and most important beauty business platform in Korea.

InterCHARM Korea is the best platform for foreign beauty brands to maximize their business in the Korean and Asian beauty market. In addition, it offers Korean beauty and cosmetic companies a chance to enter the global market by exploring overseas markets for them to experience the excellence of K-beauty.

InterCHARM Korea 2022 will be held with concurrent events including seminar programs, product demonstrations, pre-arranged online/on-site meetings from September 21 to 23, at Hall C, Coex Exhibition Center, Seoul.

There will be an updated “Remote Exhibitor Package” for those who still cannot or do not want to travel overseas but want to maximize their business. This new option allows you to contact exhibition visitors and organize business meetings remotely from your country.

Link to home page

InterCHARM Korea is a one-stop business platform for international brands to find their buyers, distributors and retailers to expand their business in the booming beauty market.

Discover new opportunities and expand your networking opportunities in Asia for all sectors of the global beauty industry. Join us and take the opportunity to meet your global partners!


Press release service and press release distribution provided by http://www.24-7pressrelease.com

Consumer survey results reinforce the value of eye care services

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September 18, 2022

3 minute read

Source:

Lee C, et al. The Contact Lens Institute and the Vision Council present their latest research results. Presented at: Vision Expo West; Vegas; September 14-17, 2020.

Disclosures:
Ito does not report any relevant financial information. Kulik is employed by Prodege. Lee is employed by Johnson & Johnson Vision. Schaeffer claims to be a consultant for Alcon, Allergan, Bausch + Lomb, CooperVision, Johnson & Johnson Vision, Kala, SightScience and Tarsus; a researcher for Allergan and Bausch + Lomb; and on the Alcon Speakers Bureau. Jason Tu, OD, reports speaking and consulting for Bausch + Lomb and ZeaVision.


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LAS VEGAS — Consumers ranked contact lenses and eyeglasses as very important to them in a survey commissioned by the Contact Lens Institute that asked respondents to rate 26 products and services.

The survey results were presented during a panel discussion at Vision Expo West.

contact lenses
Source: Adobe Stock.

In August, 251 contact lens wearers were asked to rate 26 different products and services in the categories of personal health, entertainment, clothing, dining and other discretionary spending options, according to a press release from the Contact Lens Institute (CLI). They ranked their contact lenses (84%) and eyeglasses (75%) as extremely important or very important – more than any other category. Respondents also said they would drop all other categories before their contacts and glasses in the face of economic pressure.

“It’s job security”, practitioner To mark E. Schaeffer, OD, who practices with MyEyeDr, said during the panel. “It’s more of a validation of what we do on a day-to-day basis. You can’t do anything without a good, clear and consistent vision. This is why contact lenses and glasses are so important; they allow us to do what we need to do comfortably and clearly.

Marc Schaeffer 80x106

Mark E. Schaeffer

“When people are asked what they will cut in their spending, their actual spending shows how resilient our eye care industry is,” Charissa Lee, DO, MBA, FAAO, CLI Board Member, Head of Professional Affairs for North America for Johnson & Johnson Vision and panel moderator, said.

Charissa Lee 80x106

Charissa Lee

Clinician Klaus Ito, DO, who practices at Ocean Park Optometry, said, “When you look at contacts as something you can leverage more in your practice, you know that once you have your patient, it’s not going to be something they’re going to. to abandon.”

“The occasional patient will ask for something less expensive”, Jason You, DO, who practices at Invision Optometry, said. “As physicians, we need to review the medical benefits of why we prescribe what we prescribe.”

“You ultimately help them with their lifestyle needs,” Schaeffer said. “You’re trying to help them live their best life. It’s not a commodity, it’s a medical device.”

Klaus Itô 80x106

Klaus Itō

“We’re all human, and we have these limited resources,” he said. “We can say, ‘I understand that your lenses may look okay and your vision may still be good, but you know you’re putting yourself at risk by wearing your lenses too much or adding solution.'”

“If a patient tells you they’re wearing their lenses longer and completing solutions, it’s a bit late at this point,” Ito said. “Get in front. Make it part of your education.

Tu said every patient at his clinic gets a 60-second conversation, “whether they’ve been wearing contact lenses for 30 years or whether it’s their first time. We educate them on the contacts as a medical device and the wear and replacement schedule. We’re at almost 70% of the daily consumables, but they’re still getting the education.

Jason You 80x106

Jason You

“I want to see you every year for your check-up,” he added, “not every other day because you get infections.”

Luke Kulik of research firm Prodege also participated in the panel.

During an interview after the roundtable, Lee told Healio that the survey was conducted to raise awareness and find out what patients were thinking, “to validate what we’re seeing in practice and how CLI can help patients.” doctors depending on what is happening now”. against 2 years ago.

Schaeffer told Healio that the survey results provided “a broader angle of what consumers are doing as a whole.

“Having this data and resources helps us better serve our patients,” Schaeffer added. “And CLI is a unified voice that can help professionals.”

CLI members include Alcon, Bausch + Lomb, CooperVision and Johnson & Johnson Vision. The CLI said the full report will be available in October.

modi : Prime Minister Modi launches National Logistics Policy (NLP) and strengthens India’s supply chain

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To give a boost to the country’s logistics sector, Prime Minister Narendra Modi on Saturday unveiled the National Logistics Policy (NLP) in what is billed as the country’s first holistic approach for the $200 billion sector.

The new policy, first introduced in the 2020 budget speech by Finance Minister Nirmala Sitharaman, is unveiled on Modi’s birthday. The new policy will bring an integrated and technological approach to logistics operations to close the efficiency gap.

“We are the 5th largest economy in the world. India is setting new export targets and we have been able to achieve these targets. India is emerging as a global manufacturing hub and the world has started to recognize this fact. NLP will give it a new impetus,” Modi said.

He added that the policy is that springboard performance is key. “Policy plus performance equals growth. Politics can be a driving and guiding force and NLP should not be seen as just a document. NLP is the culmination of 8 years of effort,” Modi said.

Modi added that container ship turnaround at ports has been reduced from 44 hours to 26 hours. New environmentally friendly waterways are being installed, 40 air cargo terminals have been installed to facilitate exports, 30 airports have cold storage facilities, and 35 multimodal logistics facilities are being installed.

He pointed out that the GST has reduced paperwork for the movement of goods between states. Drone transport, he said, is also likely to become an important logistics mode. “We already have a progressive drone policy,” Modi said.

According to the Prime Minister, India must reduce the logistics cost from 13 to 14% of GDP to single digits. “It’s a low-hanging fruit to compete on a global scale,” Modi said.

“NLP will work as a dual working engine with Prime Minister Gati Shakti. With its implementation, costs will go down, international trade will grow and startups will see new avenues,” Trade and Industry Minister Piyush Goyal said at the launch.

One of its main objectives would be to make Indian logistics competitive by world standards. Key areas include IDS – Digital System Integration, ULIP – Unified Logistics Interface Platform, ELOG – Logistics Facility and GIS – System Improvement Group. An electronic manual was also launched for the standardization of the warehousing sector. New management training courses around Logistics and the Supply Chain are also planned.

According to the (latest available) World Bank Logistics Index of 2018, India is ranked 44th in terms of logistics costs, lagging behind countries like China and Vietnam, which rank 26th and 39th respectively. Logistics cost in India is estimated at 13-14% of GDP compared to 7-8% in developed economies.

According to a report by Arthur D. Little-CII, higher logistics costs lead to a $180 billion competitiveness gap for India, and this gap is expected to reach $500 billion by 2030. Experts point out that high logistics costs can be attributed to an unfavorable political regime and an underutilized multimodal transport system heavily biased in favor of road transport.

ETRise MSME Day 2022 Mega Conclave with industry leaders. Look now.

Teaching the ropes of the circus trade at the fair

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Nine-year-old Rockii Tran, left, receives juggling tips from Alex Bistrevski of the Interactive Circus Station at the New Mexico State Fair on Sept. 14, 2022. (Adolphe Pierre-Louis/Albuquerque Journal)

Copyright © 2022 Albuquerque Journal

A line of eager children wait their turn to learn a few circus tricks that have just been performed to perfection by Alex Bistrevsky, a man in a spotted vest who spends half his performances teaching people how to do what a circus artist like him.

Today, you might catch Bistrevsky, who travels around the country with the Stilt Circus company, driving through the New Mexico State Fair with his cart, teaching circus skills such as stilt walking and juggling. as part of its interactive circus station.

Bistrevsky has been a circus performer for about 11 years now. He began performing alongside his brother Dmitrious Bistrevsky, and as they deepened their craft, they became regular performers with the Stilt Circus company.

When he was working as a stilt walker, the number one question people asked him was, “How do you learn that?”

So, about six years ago, he had an idea: to teach circus skills from a mobile cart.

Mastering that kind of stuff takes a lot of practice, says Bistrevsky. When he was first training to become a performer alongside his brother, they practiced six to nine hours a day for three years while trying not to burn themselves out. He was 21, had no circus experience and had to learn all the skills on his own.

“I used to cry. We were in Los Angeles, we were broke and my brother said, “If you don’t juggle, we don’t eat. said Bistrevsky. “So it was like, ‘Okay, it’s time

Interactive Circus Station’s Alex Bistrevski juggles his hat at the New Mexico State Fair on Sept. 14, 2022. (Adolphe Pierre-Louis/Albuquerque Journal)

juggle. ”

Bistrevsky said he learned to work with children by watching his older brother coach gymnastics. He also worked in an orphanage at the time. All of this has helped him become more patient, which he says is essential in his job.

“Patience is the first skill I had to learn because I fail 1,000 times before I get a round,” he said.

Bistrevsky moved to Los Angeles to pursue screenwriting, so he studied writing and film in college. A lady once gave him and his brother a circus school card in a cafe, telling them they would be perfect for it. They initially fired her, but weeks later her brother received another card for the same circus school. He decided it was a sign that they should try it.

They were so broke at the time that they had to become school janitors to pay for the training.

“That’s how I paid my bills. I trained there three to four days a week, and I was a janitor there, so seven days a week at the circus, I cleaned the floors to pay for our training. said Bistrevsky.

The 32-year-old circus performer said that even at his age he still finds joy in performing and loves helping others find that too. He said he likes to give people the comfort of knowing they can still learn something – he once taught someone with no experience how to juggle in just seven minutes.

“It’s almost childish. It’s like you release the inner child and the wonder comes back,” Bistrevsky said. “And we all still have that.”

Bistrevsky said he and his brother Dmitrious used to perform together all the time, but had been doing separate things for four years. His brother recently worked as a Darth Vader lookalike in the Obi-Wan Kenobi series on Disney+. They still get to do a show together once a year, and when they do, it’s magical.

“What I love the most, what I hope people take away from the show, is knowing that you can take something ordinary and make it extraordinary,” Bistrevsky said. “The sticks are ordinary. Hats are ordinary. They’re not special, you know? Taking something ordinary and making it extraordinary is one of my tricks.

New York man pleads guilty to laundering funds related to proceeds of facilitating fraudulent robocalls | takeover bid

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A New York man has pleaded guilty in the Eastern District of New York to money laundering for his role as the owner and operator of a voice over internet protocol (VoIP) company that facilitated and profited from the introduction fraudulent robocall traffic in the United States.

Jon J. Kahen, 48, of Great Neck, New York, was owner and CEO of Global Voicecom Inc. (GVI), a U.S.-based VoIP provider, from 1999 to 2020. GVI provided voice telecommunications, such as domestic direct inward dialing (DID), toll-free, and call termination platforms and services, which brought foreign telephone traffic into the U.S. telephone system (thus serving as ” gateway carrier”).

As early as 2016 at least, GVI began serving as a gateway operator for an India-based VoIP provider that used GVI’s gateway operator services to route fraudulent robocalls – including but not limited to , US government agency impostor calls made by individuals located in India who fraudulently posed as agents of the IRS, Social Security Administration and Office of the Inspector General of India Social Security Administration (SSA-OIG) – in the US telephone system. This provider also used the DID and toll-free numbers re-leased and/or resold to it by GVI to facilitate various fraudulent robocall scams. American consumers, including the elderly, have been defrauded as a result of these scams.

In 2018, Kahen learned that this India-based VoIP provider was using GVI’s telecommunications services to engage in illegal activities (for example, wire fraud involving fraudulent robocalls), and in May 2019, Kahen knew that the funds paid to GVI by this customer for the continuation of gateway carrier services were the proceeds of illegal activities. Despite this knowledge, Kahen conducted illegal monetary transactions involving these criminal funds.

“American consumers, many of whom are elderly or otherwise vulnerable, are inundated with millions of illegal robocalls every day,” said Senior Assistant Deputy Attorney General Brian M. Boynton, chief of the Justice Department’s Civil Division. . “Anyone with a phone is a potential target. The Department is committed to ending robocall fraud and prosecuting those who knowingly facilitate robocall fraud schemes for financial gain. »

“This defendant opened the door to foreign fraudsters who exploited the good reputation of our government agencies to target Americans,” said U.S. Attorney Randy Grossman of the Southern District of California. “Let this case be a message to actors in the United States who have facilitated foreign actors and profited from the fraud that they will be held accountable.”

“Mr. Kahen knowingly facilitated robocalls from government impostors who not only defrauded American consumers, but took advantage of their trust in government,” said Inspector General Gail S. Ennis of the Social Security Administration. “We will continue to prosecute those who perpetuate these robocall fraud schemes, and I am grateful to trial attorneys Yolanda McCray Jones and Wei Xiang of the Department of Justice Consumer Protection Branch and attorneys U.S. Special Assistants Jeffrey Hill and Lisa Sanniti of the U.S. Attorney’s Office for the Southern District of California for prosecuting this case. I also want to thank all of our law enforcement partners for their contributions to the success of this investigation.

“When consumers — especially our vulnerable older Americans — are exploited by fraudsters posing as a government agency or official, the impact is detrimental and the repercussions are long-lasting,” said Inspector-in-Charge Eric Shen. of the Criminal Investigation Unit of the Postal Inspection Service. . “Anyone who engages in or facilitates deceptive practices like this should know that they will not go unnoticed. Postal inspectors will continue to work tirelessly to hold these criminals accountable and bring justice to the American public.”

Under the terms of his plea agreement, Kahen agreed to pay restitution in the amount of $216,700 to four robocall victims of the wire fraud scheme mentioned above and to further waive $176,000.

The United States previously filed a civil suit in January 2020, alleging Kahen and his companies were responsible for delivering millions of fraudulent robocalls to American consumers. That action also alleged that Kahen and his companies had been repeatedly warned that they were making fraudulent robocalls and continued to do so, facilitating foreign-based fraud schemes targeting individuals in the United States. The civil action sought to enjoin Kahen and his companies from engaging in the ongoing commission of criminal wire fraud and conspiracy to commit wire fraud. In March 2020, Kahen and his companies were permanently banned from operating as intermediary VoIP carriers routing telephone calls to the US telephone system.

Trial Attorneys Yolanda McCray Jones and Wei Xiang of the Justice Department’s Civil Division Consumer Protection Branch and Special Assistant U.S. Attorneys Jeffrey Hill and Lisa Sanniti of the Southern District of California prosecuted the case.

The case was investigated by agents from the SSA-OIG, US Postal Investigation Service, US Secret Service and US Immigration and Customs Enforcement’s Homeland Security Investigation – El Dorado Task Force. Resources from the Department’s Transnational Elder Fraud Strike Force assisted in the investigation and prosecution.

The ministry’s wide-ranging and extensive efforts to combat senior fraud are aimed at halting the widespread losses that seniors suffer from fraud schemes. However, the best method of prevention is to share information about the different types of fraudulent schemes with relatives, friends, neighbors and other seniors who can use this information to protect themselves.

If you or someone you know is aged 60 or over and has been the victim of financial fraud, you can get help from the National Senior Fraud Hotline: 1- 833-FRAUD-11 (1-833-372-8311). This Department of Justice hotline, operated by the Office for Victims of Crime, is staffed by experienced professionals who provide personalized support to callers by assessing the victim’s needs and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to help them report, connect callers directly with appropriate agencies, and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who are committing fraud, and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering the losses. The hotline is open seven days a week from 6:00 a.m. to 11:00 p.m. ET. English, Spanish and other languages ​​are available.

Additional information about the Consumer Protection Branch and its enforcement efforts can be found at www.justice.gov/civil/consumer-protection-branch. Information about the Justice Department’s Elder Fraud Initiative is available at www.justice.gov/elderjustice.

Crypto skeptics push back against public industry lobbying

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Below: The FTC said it would review the practices of gig companies and the Governor of California signed into law a bill to protect children online. First:

Crypto skeptics push back against public industry lobbying

Cryptocurrency skeptics in Congress are pushing back against a new public campaign by digital exchange platform Coinbase to pressure political leaders with industry-friendly backgrounds, casting it as the latest push by backers to ward off regulation.

Coinbase CEO Wednesday Brian Armstrong announced that the company would begin showing users of its app “crypto sentiment scores” for members of Congress, rating lawmakers on how “negative” or “positive” they were toward cryptocurrency.

amstrong said the ratings were partly based on a Scorecard created by the Coinbase-backed Crypto Action Network, an advocacy group that recently released notes for decision makers based on the positivity or negativity of their statements, policies and votes on the matter.

Two of Congress’s most vocal cryptocurrency skeptics, Rep. Brad Sherman (D-California) and Sen. Elizabeth Warren (D-Mass.), have pushed back against the lobbying campaign.

“The only two Fs I’ve ever been proud to receive: one from [National Rifle Association] and now one from Coinbase,” Sherman, who has called to ban cryptocurrencytold The Technology 202. “Just another example of the crypto industry getting into politics to stay as lightly regulated as possible and protect their billions in profits.”

“Receiving an F rating from the crypto lobby group is a badge of honor,” said Warren, who called for tougher consumer protection regulations against cryptocurrency. Warren said that receiving a “positive” crypto score shouldn’t mean “wanting to protect a system in which people get their money cheated…or a system in which insiders reap all the profits and leave all the losses to people who don’t. don’t. I don’t have a lot of money to gamble.

The Crypto Action Network has awarded its highest A ratings to Sens. Kirsten Gillibrand (DN.Y.), Cynthia M. Lummis (R-Wyo.) and Ron Wyden (D-Ore.), among others. Gillibrand and Lummis presented a proposal empowering the industry’s preferred regulator, and Wyden pushed back on calls for heavy regulation. Warren and Sherman received the only F grades.

According to Coinbase, “The Crypto Sentiment Score was compiled using publicly available data, including legislative documents, media statements, social media posts, caucus members, and public letters.” The company has not commented on the lawmakers’ remarks.

Coinbase’s move notably marks a much more direct approach to trying to influence voters and lawmakers than most tech sectors have taken in recent years.

Big tech companies have increasingly shunned overtly public lobbying campaigns, relying instead on networks of trade associations and armies of lobbyists to bombard Washington.

They rarely endorse specific legislative proposals, and their political campaign donations tend to be split evenly between moderates of both parties and mainstream PACs. Some prominent companies, including Apple and Twitter, have shut down their PACs, while others have occasionally halted donations due to political developments, including the January 6 attack on the United States Capitol.

While many advocacy groups rate lawmakers on their policy alignment, it’s extremely rare for a company to rate them publicly, including in the tech industry.

This move signals an aggressive lobbying posture by the crypto community. Armstrong said the company eventually plans to “help pro-crypto candidates solicit donations [in crypto] of the crypto community.

Although some of its lobbying tactics seem uncommon, the crypto industry has also increasingly invested in the same playbook as many of its Silicon Valley peers – launching trade associations to lobby for his favorite policies and hiring lobbyists to pitch on Capitol Hill.

Despite a slight increase in spending, crypto lobbying is still overshadowed by industry giants.

Like my colleague Curator Newmyer reported: “The industry spent $8.9 million on lobbying in the first half of this year, surpassing the $7.7 million spent throughout last year, according to new analysis from the Center for Responsive Politics”.

In comparison, Google, Apple, Amazon and Facebook’s parent company Meta spent nearly $95 million in lobbying since 2021 as they face regulatory threats in Congress. (Amazon founder Jeff Bezos owns The Washington Post.)

White House announces tech companies’ efforts to counter violent extremism

Social media services including Facebook parent Meta, Microsoft, Twitch and YouTube have announced new initiatives to limit the spread of hateful rhetoric as the White House convenes a summit on hate-fueled violence, Cat Zakrzewski reports. This follows pressure on businesses following mass shootings in Buffalo and Uvalde, Texas, where shooters posted violent rhetoric online.

“YouTube will update its policies to remove videos that glorify acts to inspire others or raise funds, even when the creators have no ties to terrorist groups,” Cat wrote. “Twitch, an Amazon-owned streaming service, will soon be rolling out new tools to help its creators improve security and limit harassment on their channels. And Microsoft will launch online safety education for students and families in its popular game Minecraft.

FTC says it will review practices of gig companies

In a policy statement, the Federal Trade Commission said gig companies must be honest with potential workers about costs and benefits, must keep their promises to gig workers, and cannot have illegal contracts with workers. The FTC also said it would investigate “evidence of agreements between gig companies to unlawfully set wages, benefits, or fees for gig workers who should be open to competition” and “business conduct.” exclusionary or predatory that could harm customers or reduce pay or poor working conditions for gig workers.

The statement passed 3-2 with the support of all three Democrats on the committee.

“No matter how gig businesses choose to classify them, gig workers are consumers entitled to protection under the laws we enforce,” said the director of the FTC’s Consumer Protection Bureau. Samuel Levine said in a statement. “We are fully committed to coordinating our consumer protection and competition enforcement efforts within the FTC, as well as working with other government agencies to ensure gig workers are treated fairly.”

California governor signs law to protect children online

The California Age-Appropriate Design Code Act requires tech platforms to assess whether their new products could harm children before releasing them and offer default safeguards for their young users. Bill, as the Governor of California. Gavin Newsom (D) signed Thursday, passed overwhelmingly by the California State Senate and Assembly.

The law could increase pressure on Washington lawmakers to act on privacy and child-focused legislation.

It has been criticized by tech trade groups, who have lobbied against the bill and argued that it would stifle innovation and violate free speech protections while failing to adequately protect families. In a statement Thursday, Newsom’s office said the bill “strikes a balance that protects children and ensures that tech companies will have clear rules of conduct that will allow them to continue to innovate.”

TikTok has unveiled TikTok Now, a new feature that allows users to post daily photos or videos at spontaneous times, Sabiq Shahidullah of Bloomberg News reports. It’s similar to the BeReal social media app. Journalist herb engraving:

Editor and journalist Aife Barry:

Writer Amanda Silberling:

Customs officers copied Americans’ phone data on a massive scale (Drew Harwell)

Uber victim of a computer flaw, alerts the authorities (Faiz Siddiqui and Joseph Menn)

Adobe shares deal to acquire Figma design platform for $20 billion (CNBC)

Instagram tracks TikTok and YouTube on creator satisfaction, Mosseri tells staff (The Information)

Rumble is set for a $2 billion SPAC (The Verge)

Meta Oversight Board opposes removal of positive Taliban newspaper article (Reuters)

His father’s murder made headlines. Now she is creating content about it. (Mag entry)

  • Bruce Miller joined BSA | The Software Alliance as Senior Director of Legislative Strategy. Miller previously worked as director of federal legislative affairs at Kyndryl.
  • A panel of the House Oversight and Reform Committee holds a federal IT hearing today at 9 a.m.
  • representing Michael R. Turner (Ohio), the House Intelligence Committee’s top Republican, speak at a Heritage Foundation event on countering foreign misinformation and disinformation while protecting civil liberties Monday at 1 p.m.
  • Dragos Tudorachemember of the European Parliament and co-rapporteur of the EU IA act, speak at a Center for Strategic and International Studies event on Monday at 3:30 p.m.
  • A panel of the Senate Judiciary Committee holds an antitrust enforcement hearing Tuesday at 3 p.m.

ThisThat’s all for today — thank you so much for joining us! Be sure to tell others to subscribe to The Technology 202 here. Get in touch with advice, comments or greetings on Twitter Where E-mail.

Dean’s Future Scholars Celebrates Directors’ Birthdays, Creates Program Endowment

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July 1, 2022 marked a symbolic anniversary for the Dean’s Future Scholars program as Executive Director Mariluz Garcia celebrated its tenth year, and Dean’s Future Scholars program alumnus Manuel Ortiz celebrated his first year as Deputy Principal. .

William Sparkman, who founded the Dean’s Future Scholars program in 2000 and Bob Edgington, who led the program from 2005 to 2012, both embodied Dean’s Future Scholars culture of giving back by creating endowments that generate annual funds for scholarships.

“To celebrate my tenth anniversary, I wanted to replicate the generosity of those who came before me by creating my own scholarship,” Garcia said.

Over the span of 22 years, the College of Education and Human Development’s Dean’s Future Scholars program has had a tremendous impact on low-income, first-generation students in Washoe County. To date, 1,552 students have participated in Dean’s Future Scholars, which offers free mentorship and summer programs for at least six years. For students continuing their college education, the Dean’s Future Scholars Program provides mentorship, scholarships, job opportunities, and support until they graduate from college and enter the workforce.

This grant-funded program has been successful in increasing the upward social mobility of families. For example, 49% of current Dean’s Future Scholars parents did not earn a high school diploma, but their children who participate in the Dean’s Future Scholars program have achieved an average high school graduation rate of 96% over the past five years, or 17%. points higher than their low-income peers in the school district. Over the past five years, 72% graduated with an advanced or honors degree, which better prepared students to enter 2-year, 4-year, or trade school programs of their choice.

“We know that together we have built something very special, and the program is having a positive impact, but we need sustainable sources of funding to continue this work.”

Garcia with students when he was hired as general manager in 2012

“Mariluz Garcia has played a major role in Dean’s Future Scholars efforts over the past ten years. Her gentle spirit and desire to see students reach higher than they imagined had a significant impact on communities in Reno and Nevada,” said Donald Easton-Brooks, Dean of the College of Education and Human Development. . “Manuel Ortiz, who started out as a reluctant DFSer, became a teacher, mentor, now the program director of Dean’s Future Scholars, earned his master’s degree, and is enrolled in a doctoral program here at the University. He is the right person to lead Dean’s Future Scholars as Dr. Garcia moves (Next Gen) programming across the state, and his lived experience will continue to shape the young minds of Reno and Nevada.

Garcia began working for the Dean’s Future Scholars program in 2004 when she began her Masters in School Counseling. As a graduate assistant, Garcia helped create the first official Dean’s Future Scholars Mentoring Program, which today serves 408 students in grades 7-12 located in 38 different schools during the school year. She also helped coordinate the large-scale summer program on the college campus, which served 280 students during the 2022 summer program.

Garcia with mentor
Garcia with mentors in 2004

“Although 18 years have passed, Garcia clearly remembers first meeting Ortiz as a tenth grader at Hug High School.

“Even at a young age, Manny had this larger-than-life personality that allowed him to instantly connect with others. He was a natural leader that all Dean’s Future Scholars looked up to,” Garcia said.

Ortiz mentoring a student
Ortiz as the Dean’s Future Scholar undergraduate student mentor

What sets Dean’s Future Scholars apart from other college programs is that every student recommended in their sixth year is welcomed with open arms, regardless of background, academic achievement, or family background. At no time are program participants selected based on their test scores or left the program based on their grades, attendance, or behavior.

Manuel Ortiz’s first introduction to the Dean’s Future Scholars program was when he attended Glenn Duncan Elementary School. He was approached with the opportunity to join, but the idea of ​​going to college did not take off unconvinced. Once Ortiz realized that this chance to improve his potential in education could not go unnoticed, he quickly accepted the step that would change his life for the better.

Similar to other first-generation college students from low-income backgrounds, Ortiz had to balance full-time work with college classes. He showed resilience and dedication during the ten years it took him to complete his bachelor’s degree and while completing his master’s degree during the pandemic.

“Having Manuel officially named Deputy Director of Dean’s Future Scholars last year was a dream come true for me,” said Mariluz Garcia. “For almost two decades, we have lived through life’s ups and downs together. It’s not just a job for us…it’s our family.

Ortiz with a graduation gown, holding a baby and a signing posterOrtiz when he earned his master’s degree in instructional leadership in fall 2020

Since 2004, the Dean’s Future Scholars program has actively developed its own mentoring staff and empowered them to give back to the community. Today, 50% of the leadership team and 86% of the mentoring team grew up in Dean’s Future Scholars program. This grassroots approach has created a path for advancement within the organization, giving program participants the opportunity to pay it forward and contribute in their own way.

Since sixth grade, Manuel Ortiz has seen a variety of mentors from Dean’s Future Scholars, College of Education and Human Development faculty, and community actors who have stepped up and invested in his education.

“Dr. Sparkman, Bob and Mariluz always believed in my potential…long before I could recognize it in myself,” Ortiz said. “Now it is my duty and my privilege to further their legacy by helping students at Dean’s Future Scholars achieve their educational goals and improve the quality of life for their families.”

Grassley Receives Growth Energy’s 2022 Fueling Growth Award

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WASHINGTON — Sen. Chuck Grassley (R-Iowa), family farmer and President Pro Tempore Emeritus of the U.S. Senate, today received the “2022 Fueling Growth Award” for his continued support and work on behalf of U.S. biofuel producers. The award presented by Growth Energy, a national biofuels trade association, is exclusively for members of Congress who have consistently championed the benefits of biofuels. The award was presented to Grassley at Growth Energy’s annual Congress reception.

“As a row crop farmer in Iowa, I am touched and honored to receive this recognition. I have worked hard to open new markets for the growth of the biofuels industry, and I always stand up for the farmers of Iowa who feed and feed the world. I fight to raise the value of the Renewable Fuels Standard (RFS) and lead the way to a cleaner environment. I pushed administrations on both sides of the aisle to embrace renewable fuels to improve American energy independence and reduce climate change. I will continue to stand up for Iowa farmers and biofuel producers and ensure their voices are heard in Washington,” Grassley said.

“No one has fought harder or longer than Senator Chuck Grassley to cement America’s leadership as the world’s leading producer of low-carbon biofuels. We are deeply grateful for his tireless work on behalf of rural communities in Iowa and across the country, and are thrilled to recognize him once again as a true champion of biofuels. We know Senator Grassley, a farmer with first-hand knowledge of the biofuels industry, will continue to be a powerful voice for cleaner, more affordable fuel options,” Emily Skor, CEO of Growth Energy, said.

Grassley accepts the 2022 Fueling Growth Award from Growth Energy CEO Emily Skor. Click on HEREfor a downloadable version.

Aquarium of the Pacific African American Scholar Program 2022 ($10,000 prize)

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Deadline: November 25, 2022

Applications are open for the Aquarium of the Pacific African American Scholar Program 2022. The program provides financial support and community engagement to talented African American students pursuing areas of marine science study related to the work of the Aquarium.

Through the reward and engagement experience, the Aquarium hopes to reduce barriers by providing both financial support for academic endeavors and community support through networking opportunities. This program aims to provide continued involvement in Aquarium-related fields for deserving African-American students to bring diverse minds to solving the problems facing our planet and its people.

Since 2021, the Aquarium has named 21 recipients of this scholarship. They have participated in a variety of Aquarium programs, including writing for the members magazine, serving as judges at a high school film festival, creating films for early childhood education partners, and serving of “Ask a Scientist” at Aquarium events and via social media. Researchers also attend a fall symposium to strengthen their bond with the Aquarium and with each other. Symposium activities typically include opportunities to meet Aquarium staff, hear from a panel of STEM professionals, and connect with high school students from the Long Beach Unified School District.

Award

  • The $10,000 scholarships will be paid in two additional installments. Additional details will be communicated at the time of award notification.

Eligibility

  • Open to California residents of any age with African American heritage with proof of acceptance or enrollment in an accredited university, community college, or trade school with a field of study in aquarium-related fields .
  • Paid employees of Aquarium of the Pacific, members of the Board of Directors and their immediate families are not eligible. Volunteers and their immediate families can apply.

Application

The applicant must create an account through the application portal and submit the required documents before the deadline.

  • Proof of application, acceptance, or enrollment at an accredited university, community college, or trade school in an aquarium-related field of study, including ocean education, public communication, animal science , water quality and conservation.
    • For high school graduates, proof of acceptance or enrollment is required prior to the initial disbursement of funds.
  • Resume or Curriculum Vitae
  • Two letters of recommendation.
  • Authorization of photos and completed W9 forms for the Aquarium.
  • African American Scholar Essay – 500-750 words

Click here to apply

For more information, visit African American University Program.

Consumer Alert: Student Loan Scams

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FROM THE WISCONSIN DEPARTMENT OF AGRICULTURE, COMMERCE AND CONSUMER PROTECTION

Following an August 24 announcement, the pause in federal student loan repayments has been extended until December 31, 2022. Several changes have also been made to Department of Education policy, including the cancellation debt, income-tested repayment plans and Ministry of Education policy. Service Loan Rebate Program.

In light of this announcement, student borrowers in Wisconsin and the United States are eager to get the best possible deal on their repayment plan. Scammers know this and target student borrowers with attractive but illegitimate offers. These “student debt relief companies” claim that they can help borrowers get debt forgiveness or forgiveness, lower monthly payments, consolidate loans, etc., for a certain price. Consumers are informed that the offers of these companies can generally be made free of charge by the borrowers themselves. Mistrust:

  • Initial fees or charges.
  • Promises that sound too good to be true.
  • High pressure sales tactics like “limited time offers”.
  • Claims of a special relationship with the federal government or the Ministry of Education.
  • Requests for identification from your Federal Student Aid (FSA) or signing a form granting authorization or power of attorney to a third party.

Granting a scammer your FSA ID, Third Party Authorization or Power of Attorney will allow them to access your account, take control of your personal information and change your contact and payment details without your knowledge. It can be difficult to recover your account after a scammer has taken over it, and the best way for borrowers to protect themselves against student loan fraud is to prevent it from happening. If you are the victim of a fraudulent student debt relief company:

  • File a complaint with the Wisconsin Department of Agriculture, Commerce, and Consumer Protection‘s Office of Consumer Protection (DATCP).
  • Change your FSA ID and account passwords.
  • Contact your loan servicer to revoke any third party authorization or power of attorney on file and confirm that no adverse actions have been taken on your loans.
  • Contact your financial institutions to request that payments to the company be stopped.

Trusted resources for student loan information and questions include Look forward to your future by the Wisconsin Department of Financial Institutions, the Wisconsin Student Loan Debt Hotline at 833-589-0750, and StudentAid.gov.

For additional information and resources, or to file a complaint, visit the DATCP Consumer Protection webpage at ConsumerProtection.wi.gov. If you have questions or think you’ve been the victim of a scam, report it by calling DATCP’s Consumer Protection Hotline at 1-800-422-7128 or emailing [email protected].

IDnow joins [email protected] to shape the future of seamless air travel

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IDnow supports IATA to simplify the passenger journey with digital identity

MUNICH, September 13, 2022 /PRNewswire/ — IDnow, a leading European identity verification platform provider, is pleased to announce its participation in the International Air Transport Association (IATA) [email protected] 2022 Acceleration Program. IDnow works with IATA and its members, providing expertise and regulatory know-how in the field of proof of identity and digital identity. Together, IATA and IDnow are working towards the common goal of making flights smoother and contactless for passengers, while reducing the risk of fraud for airlines.

IATA is the trade association for the world’s airlines, representing some 290 airlines or 83% of total air traffic. As a leading industry association, IATA shapes industry standards and the future of aviation.

Through the [email protected] program, IDnow contributes to the IATA unique ID work group. The goal of IATA One ID is to set industry standards that further streamline passenger travel through the digitization of admissibility and a contactless process through secure biometric identification. As part of the One ID vision, after completing document checks remotely, passengers will be able to arrive at the airport ready to fly and pass through each airport touchpoint via simple biometric recognition. The goal is to achieve a truly interoperable global system between airports, airlines and governments.

IDnow is collaborating with airlines and other technology providers who are members of the IATA think tank on a white paper on the application of digital identity in the airline industry. In parallel, a proof of concept is being developed to show how digital identity can help people with reduced mobility in their journeys, and airlines and airports to prioritize the personnel required for the necessary support.

“We are very pleased to have IDnow at the heart of the industry’s innovation conversations. IDnow brings its expertise on secure decentralized digital identity to support the airline industry on its journey towards customer.” – Kat R. Morse, Senior Manager of Innovation, Partnerships and Events at IATA.

“We understand that in the modern airline industry, digital identities have enormous potential to shape a whole new travel experience. Whether it’s reducing the risk of fraud for airlines, creating a more transparent and less tactile for passengers and to offer GDPR compliance biometric image storage and sharing solution for airports and other stakeholders – Digital identity is key We are delighted and proud to have been selected by IATA to work together and partner with some of the world’s most prestigious airlines to shape the future of air travel,” says Michael A. BinnerDigital Identity Director at IDnow.

About IDnow

IDnow is a leading provider of identity verification platforms in Europe with a vision to make the connected world a safer place. The IDnow platform provides a broad portfolio of identity verification solutions, ranging from automation to human assistance, from purely online to point-of-sale, each of them optimized for user conversion rates and Security.

In 2021, IDnow acquired the French identity technology leader, ARIADNEXT, and the German company Identity Trust Management AG, allowing IDnow to offer its customers one of the broadest identification solutions via a single platform. and integrated.

The company has offices in Germany, UK, Franceand dubai and is backed by renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio of over 900 international clients spans a wide range of industries and includes leading international players, such as Western Union, UBS, Sixt and Munich Re, as well as digital champions such as N26, Solarisbank, wefox and Tier Mobility .

British press contact at IDnow:
Sara Donnelly
[email protected]
07734 237840

James Bentley
[email protected]
07876 899102

Worldwide press contact:
Christina Schwinner
[email protected]
+49 89 41324 6054

Logo- https://mma.prnewswire.com/media/1342896/IDnow_Logo.jpg

SOURCE IDnow GmbH

MUFG extends its funding platform to the hospitality industry

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Industry veterans Tracy Vasquez and Steven Getty lead the hotel franchise practice within
new restaurant and hospitality finance team

NEW YORK, September 12, 2022 /PRNewswire/ — Mitsubishi UFJ Financial Group (MUFG) today announced the expansion of its restaurant finance platform to cover hotel franchises with the hiring of two seasoned bankers to its restaurant finance team and Home, which is part of MUFG’s corporate and investment banking division.

Director Tracy Vasquez lead the loan underwriting and portfolio management of franchised hotel customers, and report to Quinn Room, responsible for loan underwriting and portfolio management of the team. Director Steven Getty will serve in a senior relationship management role, spearheading business development within the hospitality industry, and will report to Brian GeraghtyLending team leader.

“With the addition of Tracy and Steven, we are expanding our deep talent pool and expertise in franchise lending to pursue significant further platform expansion in the hospitality industry,” said Nick Cole, responsible for financing the catering and hotel industry. “Tracy and Steven are seasoned professionals who position us to provide strong financing and advisory capabilities to franchisees of mid-sized, limited-service hotel chains, which represent a market segment with attractive risk/return credit characteristics, as well as only growth opportunities for MUFG.”

Ms. Vasquez will be based in Scottsdale, AZ, and has two decades of industry experience. Previously, she was Director of Underwriting and Portfolio Management for Wells Fargo’s hotel loan portfolio. Previously, Vasquez held senior positions in the franchise finance unit of GE Capital and Western Alliance Bank, including management of hotel loan portfolios and underwriting responsibilities.

Mr. Getty will be based in Atlanta, Georgia. He was previously Director of Hotel Franchise Finance at Wells Fargo, where he helped develop relationships with hotel investors and spearheaded loan origination. Previously, Getty held a number of key positions with similar responsibilities within the franchise finance businesses of Western Alliance Bancorporation and GE Capital.

MUFG’s recently expanded restaurant and hospitality finance team includes investment banking professionals spread across several other locations, including San Diego, Chicagoand Boston.

Press contacts:
Oksana Poltavets
646-767-1326
[email protected]

About the U.S. operations of Mitsubishi UFJ Financial Group, Inc., including MUFG Americas Holdings Corporation
The US operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups, has total assets of $342.4 billion at June 30, 2022. Within this total, MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company and intermediate holding company, has total assets of $152.5 billion at June 30, 2022. MUAH’s principal subsidiaries are MUFG Union Bank, NA and MUFG Securities Americas Inc. MUFG Union Bank, NA provides a wide range of financial services to consumers, small businesses, middle market businesses and large corporations. From June 30, 2022, MUFG Union Bank, NA operated 297 branches, consisting primarily of retail banking branches in the West Coast states. MUFG Securities Americas Inc. is a registered securities dealer that engages in capital markets origination transactions, domestic and foreign debt and equity securities transactions, private placements, secured financings and securities borrowing and lending transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexicoand Canada. Visit www.unionbank.com or www.mufgamericas.com for more information.

About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Based at Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in over 50 countries. The group has approximately 170,000 employees and offers services such as commercial banking, trust banking, securities, credit cards, consumer credit, asset management and leasing. The Group aims to “be the most trusted financial group in the world” through close collaboration between our operating companies and to respond flexibly to all the financial needs of our customers, serving society and promoting shared growth and sustainability for a better world. Shares of MUFG trade on the Tokyo, Nagoyaand New York scholarships. For more information, visit https://www.mufg.jp/english

SOURCE MUFG

Alex Jones trial begins in Sandy Hook hoax case

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HARTFORD, Conn. (AP) — A month after losing a nearly $50 million verdict, conspiracy theorist Alex Jones is set to stand trial for a second time for calling on Sandy Hook Elementary School to pull a prank and causing emotional and psychological damage to several families of the victims.

A six-member jury with several alternates in Connecticut will begin hearing evidence on Tuesday about how much Jones should pay the families, as he has already been found liable for the damages for them. The trial is expected to last about four weeks.

Last month, a Texas jury ordered Jones to pay $49.3 million to the parents of 6-year-old Jesse Lewis, one of the 26 students and teachers killed in the 2012 shootings in Newtown, Connecticut. Jones’ attorney said an appeal is planned.

The Connecticut case has the potential for a bigger payoff as it involves three lawsuits – which have been consolidated – which were filed by 15 plaintiffs, including relatives of nine of the victims and a former FBI agent who responded to the school shooting.

Jones, who runs his web show and Infowars brand in Austin, Texas, also faces a third hoax conspiracy trial in another pending lawsuit brought by the parents of Sandy Hook in Texas.

Here’s a preview of the upcoming trial in Waterbury, Connecticut, about 18 miles northeast of Newtown. Infowars’ parent company, Free Speech Systems, which filed for bankruptcyis also a defendant.

WHY ARE THE SANDY HOOK FAMILIES SUING JONES?

The families and former FBI agent William Aldenberg say they were confronted and harassed in person by Jones supporters over the hoax plot. They also say they have suffered death threats and been the subject of abusive comments on social media.

Some of the plaintiffs say strangers filmed them and their surviving children. And some families left Newtown to avoid threats and harassment.

“I can’t even describe the last nine and a half years, the living hell that I and others have had to endure because of the recklessness and negligence of Alex Jones,” said Neil Heslin, father of Jesse Lewis, during the trial in Texas. .

The Connecticut lawsuit alleges defamation, intentional infliction of emotional distress and violations of the state’s unfair trade practices law. The families claim that when Jones talked about Sandy Hook, he grew his audience and made more money selling supplements, clothing and other items.

The families did not seek any specific amount of damages, some of which may be limited by state law. There is, however, no limit of damages under the Unfair Trade Practices Act.

In all of the Connecticut and Texas cases, Jones and his attorneys repeatedly failed to turn over required records to the families’ attorneys. In response, the judges handed down one of the toughest penalties in the civil law world — they found Jones liable for default damages without a trial.

WHAT DOES ALEX JONES SAY?

Contrary to what he said on his show for years after the shooting, Jones now says he believes the massacre was real. But he continues to say his comments that the shooting was a hoax involving crisis actors to encourage gun control efforts were protected by the right to free speech.

During a deposition in the case in April, a defiant Jones insisted he was not responsible for the pain Sandy Hook’s parents say they endured because of his words.

He also said the judges’ default rulings against him – finding him liable without a trial – were unfair and suggested they were part of a plot to bankrupt and silence him.

“If questioning public events and free speech is prohibited because it might hurt someone’s feelings, we are no longer in America,” he said during the deposition. “They can change the channel. They can come out and say I’m wrong. They have freedom of expression.

At the trial in Texas, however, Jones testified that he now realizes what he said was irresponsible, hurt people’s feelings, and he apologized.

WHAT IS EXPECTED AT TRIAL?

Judge Barbara Bellis, who found Jones liable for damages, will oversee the trial. She’s the same judge who oversaw the Sandy Hook families’ lawsuit against gunmaker Remington, which made the Bushmaster rifle used in the school shooting. In February, Remington agreed to settle the lawsuit for $73 million.

The trial is expected to be similar to that in Texas, with the victims’ relatives testifying to the pain and anguish the conspiracy has caused them and medical professionals answering questions about the loved ones’ mental health and diagnoses.

Jones will also testify, his attorney, Norman Pattis, said.

“He is eager to put this trial behind him; it has been a long and costly distraction,” Pattis wrote in an email to The Associated Press.

Evidence about Jones’ finances is also expected to be presented to the jury.

Jones testified at the trial in Texas that any award over $2 million would ‘sink us’ and he urged viewers of his webcast to buy his merchandise to help him stay on the air and fight. against prosecution.

But an economist testified that Jones and his company were worth up to $270 million. Jones faces another trial in Texas on charges he hid millions of dollars in assets after the families of the Sandy Hook victims began bringing him to justice.

Comfort Research co-founder forms private equity firm to strike direct-to-consumer product deals

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A Q&A with Matt Jung, Founder of Orange Dot Ventures LLC

Aend of 2019, Search for Comfort LLC co-CEO Matt Jung has begun preparing to leave the company he ran for 26 years with business partner and co-founder Chip George.

A consummate entrepreneur, Jung acknowledged that hiring a new senior executive for Comfort Research, a Grand Rapids-based manufacturer and marketer of bean bag chairs and pool and patio furniture, would free up his time and energy to devote to other projects.

Jung used the early days of the COVID-19 pandemic to figure out his next chapter. He “eventually got into” venture capital, private equity and participated as an investor in private companies for about 18 months.

“None of them were very fulfilling for me, so it wasn’t much fun,” Jung said. MiBiz. “I had this business coach I was talking to and he really pushed me to say, ‘Why don’t you start writing what you don’t want? “”

This process led Jung on a journey that helped him focus on what would become Orange Dot Ventures LLCa fundless private equity firm he founded to invest in scalable direct-to-consumer product companies.

After securing backing from 10 West Michigan investors and injecting some of his own capital, Jung closed deals Aug. 1 for Wilma Schurmann, a mid-to-high-end skincare line, and Simplesa Nutrition, a manufacturer of nutritional supplements for people with ALS. and Parkinson’s disease.

Terms of the deals, which involved a Miami-based vendor, were not disclosed. Grand Rapids-based law firm Miller, Johnson, Snell & Cummisky PLC and accounting firm Echelbarger, Himebaugh, Tamm & Co. PC advised on the case.

Jung spoke to MiBiz about his entrepreneurial approach to private equity investing and his strategy to create a broader platform of consumer products companies.

After narrowing down your investment objective, how did you go about finding deals?

You’ll laugh at this: the way I started getting business flow was that I put together a brochure. I wrote down exactly what I was looking for and sent it to every broker I could find, brokers I spoke to years ago and new ones too. Once I started doing this, it created a flow of business for me.

I was able to look at many companies that met these criteria and ended up finding these two companies, which actually had the same owner. He had bought both companies over the years, one in 1997, the other in 2015, and ran them from Miami.

How many prospects did you consult before you took a serious interest in these companies?

I had four letters of intent that were accepted and I sent out a dozen, maybe 15 letters of intent. I looked at hundreds and hundreds and hundreds of companies to make it happen.

What common obstacles have arisen with some of these perspectives?

Certainly part of that is evaluation expectations. Some of them are when they would be consumer direct product companies, maybe they didn’t fit my model as well as I would like. Part of it was brand orientation. Part of it was product orientation. As you dig a little deeper into the product: is there a defensible gap? Do they really have something good? How old is the business? Many of these direct-to-consumer companies have only been around for two or three years, so it’s sometimes very difficult to judge. Did they just ride a wave of COVID as people moved more and more to the internet, or do they really have something unique and special that people are looking for?

Are you considering moving any of these operations to West Michigan?

I’m really looking to have virtual businesses. Wherever I am with a laptop, that’s where the business is. Everyone works from home or their home office, or some have their own small offices if it’s a third-party partner we work with. Over time, I want to build a small operations team that will handle operations, as I look to stack other direct-to-consumer companies in the future.

It doesn’t matter if it’s electronics, skincare, cosmetics, supplements or whatever: creating a product and selling a product are the same thing, especially when you work in this direct-to-consumer space. Your supply chain, your operations, your marketing teams, your customer service team, your accounting team: all of these resources can be shared, reducing costs for each of them.

Why did you choose to find investors for these specific transactions instead of raising funds to help create a platform of direct-to-consumer products?

I didn’t fundraise and that was my strategy with those first two. I wanted to get it right, get it going, and then over time I would look to fundraise. I have no idea if I would ever do that; it all depends on what makes sense. But to begin with, I didn’t want to be beholden or feel obligated to put that money to work. I’m trying to take it slow. I have no pressure on me other than my own to do extra business.

In the future, what kind of deal flow do you hope to achieve with Orange Dot?

Last spring, I set a goal of having three to five of these direct-to-consumer companies under management within the next 18 months. It gave me a good start in that direction. I’m very excited to get into it from a marketing and product development perspective. That’s what fills me so much and that’s what’s exciting about business: trying new ideas, coming up with new products that people love, people enjoy, people use.

Locals smash restaurant windows after owner celebrates Queen’s death

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A fish and chip shop in Scotland has had its windows smashed after its owner shared a controversial video of her celebrating the death of Queen Elizabeth II.

A photo of the damage to the Jaki Fish and Chip Shop in Muir of Ord in the Scottish Highlands was shared on Twitter on Saturday.

The image, taken at night, showed that the glass had been shattered and the glass surrounding the hold had cracked.

In a statement sent to Newsweek.

Queen Elizabeth II is seen at the Chichester Theater during a visit to West Sussex on November 30, 2017 in Chichester, UK. The fish and chips owner celebrated the Queen’s death.
Getty

A Police Scotland spokesperson said: “Officers have received a report of damage to property in the Seaforth Road area of ​​Muir of Ord which is believed to have occurred between 7.30pm on Friday 9th September and 10.30am on Saturday , September 10, 2022.”

The fish and chip shop was damaged after owner Jacki Pickett shared a now-deleted video online where she celebrated the Queen’s death.

In the clip, Pickett could be seen holding a board that read, “Lizard Liz is dead. London Bridge has fallen.” London Bridge refers to the Queen’s funeral plan.

Pickett also shared conspiracy allegations at his fish and chips store, including false claims regarding COVID-19.

As Pickett celebrated the Queen’s death, she proudly claimed on her website that she visited Prince Charles’ office in London to collect an award.

Following public outcry and fallout over Pickett’s comments, the National Fish Fryers Federation (NFFF) said it had revoked its membership.

The NFFF is a trade association which represents the fish and chip industry and shop owners across the UK.

He said: “The NFFF has been made aware of social media posts made by one of our members which are in very poor taste and completely contrary to all of the values ​​held dear to our organization and our industry.

“We have discussed this as a board and have made the decision to revoke this business owner’s membership and we will write to him and ask him to remove any association of the NFFF from his business, social media and of its websites.

Newsweek contacted Pickett for comment.

Queen Elizabeth II died, aged 96, at Balmoral Castle and ended a reign that lasted more than 70 years.

His reign saw the UK transform from an imperial power to a multicultural society in a matter of decades.

IPEF members agree to start talks, India stays out of trade talks

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Trade ministers from Japan, the United States and 12 other countries have agreed to formally begin negotiations on a new regional economic initiative for the Indo-Pacific.

In Los Angeles on Friday, they concluded their first in-person discussions on the Indo-Pacific Economic Framework for Prosperity, or IPEF.

U.S. Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo made the announcement during a press conference.

Tai said, “This meeting was an opportunity to deepen our partnerships and clarify how we will work collectively to address the challenges and seize the opportunities that will define the 21st century.

The 14 nations also include India and Australia.

Digitizing trade and strengthening supply chains for key items such as semiconductors are among the four pillars being negotiated.

Members can choose which parts of IPEF to join. India has opted to stay out of the trade talks, but the others are engaged in four-pillar talks.

The United States proposed the framework in light of China’s growing influence in the Indo-Pacific.

Japan’s Minister of Economy, Trade and Industry Nishimura Yasutoshi told reporters he wanted to start negotiations as soon as possible.

He also said Japan would take the lead alongside the United States to push the framework forward.

Linda C. Luba | News, Sports, Jobs

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Linda C. Luba, 75, of Litchfield, New Hampshire, passed away Friday, September 2, 2022 at her home surrounded by her loving family.

She was born in Marlboro, Massachusetts on February 26, 1947, to the late John and Claire (Shaw) Boggs. She grew up in Marlboro, graduated from St. Anne’s Academy and earned her associate degree in nursing from David Hale Fanning Trade School.

Linda worked as an RPN for Greenbriar in Nashua for many years, before retiring in 2010.

Along with her parents, she was predeceased by her brother, Kenneth Boggs and two stepchildren, David Luba and Shannon Luba.

She will forever be loved and remembered by her husband, David S. Luba; two children, Mark Rebeiro and his wife Andi of California and Beth Carroll of Manchester; two grandchildren, Lauryn and Lindsey, as well as several nieces and nephews.

Visiting hours were at the Rivet Funeral Home, 425 Daniel Webster Highway, Merrimack NH on Wednesday, September 7, 2022 from 5-7 p.m.

Please visit rivetfuneralhome.com to leave your condolences for the family.



China’s economy expected to receive major boost from 20th Party Congress, to anchor global economy for long term

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BEIJING, September 9, 2022 /PRNewswire/ — As the global economy is mired in a confluence of crises ranging from energy shortages to skyrocketing inflation to recessionary pressure in major economies, global attention is focused on the Chinese economy, the main engine of global growth, before the upcoming 20th National Congress of the Communist Party of China (CPC) scheduled for mid-October, which is expected to light the way for the world’s second-largest economy for years, if not decades, to come.

China’s economy is currently facing multiple downward pressures, including COVID-19 outbreaks and weakening external demand, as evidenced by a significant slowdown in exports in August.ust. However, China economic fundamentals remain strong, in stark contrast to dire situations in other major economies, and there are enough bright spots and policy measures that will ensure stable growth in such a crucial year, economists said.

Longer term, China will continue to be the main engine of growth in the world economy, as the 20th CPC National Congress will instill confidence and lead the nation to embark on the pursuit of the second centenary goal of building China into a modern socialist power, with all its institutional advantages that have ensured success over the past decades, the economists pointed out.

Resilience in the middle pressure

The moderation in trade growth could be attributed to the reduction in online ordering with a general decline in external economies, Huo Jianguovice president of the China Institute for World Trade Organization Studies, told the Global Times on Thursday.

A competitive devaluation in Japan, South Koreaamong other countries amid a strong US dollar, also exerted downward pressure on China exports, Huo said.

The Chinese yuan has weakened more than 9% against the US dollar so far this year, but it remains much stronger than the